Day One Tuesday 8 April 2008
THE BIG PICTURE: MEETING WORLD DEMAND, CLIMATE CHANGE AND INTERNATIONALISATION OF NOCS
08.00	Registration and Coffee
08.45	Chairman’s opening remarks: Global oil industry outlook, China and India’s growth and climate change A global oil market outlook – observations, implications and scenarios in oil demand and supply China and India’s growth: impacts and uncertainties Perspectives on climate change and the oil industry
	Dr Fatih Birol, Director, World Energy Outlook and Chief Economist, International Energy Agency
09.00	Keynote address: NOCs in a new era: roles, responsibilities and challenges Where will the necessary investment come from to meet rising world demand? The emergence and implications of resource nationalism Finding a balance between commercial and national interests: social versus commercial responsibilities Reserve replacement: challenges and ideas on how to overcome them Security of supply and the NOCs role The internationalisation of NOCs: what are the implications for the industry?
	HE Chakib Khelil, President of the OPEC Conference, OPEC
09.30	Keynote address: NOCs and IOCs - A partnership that works The changing industry landscape - the role of gas, climate change, security of supply The future outlook/challenges for IOCs The role of the IOC, what benefit do IOCs give NOCs (now and in the future) IOC independence and the ability to work across geographic, cultural and  political boundaries The IOC's ability to commercialise resources, especially natural gas
	Mr Stuart Fysh, EVP & MD, Africa, Middle East & Asia, BG Group
10.00	Keynote address: International cooperation as a basis for strengthening energy security Perspectives on the current state of energy security International cooperation – how it should be done and how all can benefit The NOCs role in security of supply
	Sergey Kudryashov, First Vice President, Rosneft
10.20	Q&A with keynote speakers
10.30	Tea and coffee break
11.00	Visionary address: The challenges facing internationalizing NOCs Oil and gas companies are facing a growing regulatory burden, increased oversight and increased litigation exposure. As NOCs look to expand beyond their home markets they will be faced by differing regulatory requirements and standards What are the challenges that NOCs may face as they move to multi-country operations? How can NOCs best position themselves to manage these challenges?
	Andy Brogan, Partner, Ernst & Young LLP
MAXIMISING THE VALUE OF STRATEGIC PARTNERSHIPS AND COOPERATION
11.30	Partnerships, relationships and effective cooperation – a NOC’s perspective What do NOC’s look for when working with IOCs, oil service companies and other NOCs? Joint ventures the importance of local content – what works and what doesn’t What are the keys to a successful partnership with NNPC?
	Mr Chris Ogiemwonyi, Group Executive Director, Exploration & Production, Nigerian Gas Company
12.00	Special presentation: New relationships between NOCs & risk mitigation professionals The role of risk engineering: analysing exposure to physical hazard The role of the risk mitigation professional: a window on the world of industry best practice The role of the broker: leveraging the worldwide insurance market
	Mr Phillip Ellis, Chairman, Willis Energy
12.20	Q&A with keynote speakers
12.30	Networking lunch Sponsored by:
14.00	Panel discussion: NOCs and IOCs – how to create effective partnerships and strategies for mutually beneficial cooperation Do NOCs need to work more closely with IOCs? Does the traditional basis for strategic partnership still apply? Technology, finance and management Differences in the NOC/IOC/service company dynamic in upstream activities vs downstream What is and what should be the role of an oil service provider for NOCs? How can NOCs and IOCs work better together? The importance of local content
	Moderator: Wendy Fenwick, Partner, Head of UK Oil & Gas, Ernst & Young LLP Mr Helmut Langanger, Executive Vice President, E&P, OMV Mr Ali Moshiri, Chairman, Latin America, ChevronTexaco Mr Philip Wolfe, Managing Director, Resources & Energy Group, HSBC Bank Plc Mr Zoltan Aldott, Executive Vice President, E&P, MOL Hungarian Oil & Gas Mr Patrick Pouyanné, E&P Senior VP for Strategy, Growth and R&D, Total Mr Chris Ogiemwonyi, Group Executive Director, Exploration & Production, Nigerian Gas Company
GLOBAL NOC BRIEFINGS: INSIGHTS AND OPPORTUNITIES
15.20	Angolan ventures: risks and rewards Joint ventures with Sonangol: pitfalls and paradigms New oil and gas exploration opportunities in Angola What does the future hold for Angola and its oil and gas?
	Mr Severino Cardoso, Exploration Director, Sonangol
15.40	PeruPetro: The oil and gas landscape in Peru The two National Companies in Peru : PERUPETRO and PETROPERU - Functions and objectives Contracting conditions for hydrocarbon investment in Peru 2008 Bidding Process for available areas
	Dr Daniel Saba De Andrea, Chairman of the Board of Directors, PERUPETRO S.A.
16.00	Speed networking
16.30	Tea and coffee break
THE VISIONARIES PERSPECTIVE: THE CHANGING ROLE OF NOC’S AND IMPLICATIONS FOR THE INDUSTRY
16.45	Visionaries panel: Roles and responsibilities of NOCs in international energy markets NOC expansion and overseas investments Cooperation or competition? NOC-IOC and NOC-NOC NOCs and their roles in society
	Moderator: Mr Tom Deegan, Partner, Simmons & Simmons Mr Willy Olsen, Former Senior Advisor to the President & CEO of Statoil, INTSOK Dr Fadhil Chalabi, Executive Director, Centre For Global Energy Studies Mr Fareed Mohamedi, Partner, PFC Energy International
17.30	BREAKOUT DISCUSSIONS Breakout One: Risk mitigation strategies – Led by Willis Energy Breakout Two: Gas and LNG – getting gas to markets - Led by Paras Consulting Breakout Three: The NOC/IOC relationship – Led by Ernst & Young
18.30	Closing remarks from the Chair and close of congress day one
18.35	Transport to London’s iconic ‘Gherkin’ building for Champagne Gala Reception You won’t want to miss the terrific gala reception we have planned for the evening of the 8th April. Taking place at ‘The Gherkin’, the iconic building that is one of the City’s most unique and prestigious landmarks, it will be an evening of fun, food and networking 38 floors above London that you’ll never forget!
Day Two Wednesday 9 April 2008
08.00	Coffee and continental breakfast
08.45	Chairperson’s opening remarks
	Ms Carola Hoyos, Chief Energy Correspondent, Financial Times
A NEW MODEL FOR NOCs
09.00	PDVSA: A new model for NOCs Venezuela’s new model for a NOC PDVSA extra heavy crude oil development PDVSA Natural Gas and LNG initiatives
	Luis Vierma, Vice-President pf E&P, PDVSA
GEOPOLITICAL RISKS AND DOWNSTREAM INVESTMENT
09.30	Keynote address: Energy geopolitics and NOCs Points of conflict and how they will affect international oil business NOCs in the geopolitical debate Perspectives on current and future security of supply Should Western countries fear energy blackmail from oil rich powers?
	Mr Fareed Mohamedi, Partner, PFC Energy International
10.00	Keynote address: Investing in the downstream What is the best way to address the refining challenge? The role and importance of downstream investment for market stability Current situation and prospects for downstream Current bottlenecks and how they may ease Impact of regulations on the downstream sector
	HE Mohammad Reza Nematzadeh, Deputy Petroleum Minister & NIORDC President, National Iranian Oil Refining & Distribution Company
10.30	Tea and coffee break
10.50	Saudi Aramco’s Approach to Strategic Partnerships: the Collaborative Intention The social and business context within which Saudi Aramco operates Focusing on local and international collaborations to achieve mutual success The results of value chain integration in the Kingdom of Saudi Arabia and beyond.
	Abdulaziz Al-Judaimi, Vice President, New Business Development, Saudi Aramco
OPTIMISING FINANCIAL PERFORMANCE
11.10	Keynote address: International M&A and Finance Changes in financing: implications and opportunities for NOCs# Leveraging partnership to attract finance M&A activity and its implications for NOCs Case studies
	Mr Philip Wolfe, Managing Director, Resources & Energy Group, HSBC Bank Plc Mr James Bishop, MD, Head Project and Export Finance Oil & Gas, HSBC Bank Plc
11.40	Guest presentation: The role of NOCs in international capital markets The emergence of the public NOCs Positioning of NOCs in the capital markets and key differentiating factors Case studies
	Alastair Maxwell, Managing Director, Morgan Stanley & Co. Limited
12.00	CFO panel: The key financial challenges facing NOCs Investing in NOCs – rewards and risks Perspectives on how to access capital Activity in M&A and its implications for NOCs Financing investment – case studies What are the merits and demerits of the privatisation and partial privatisation of NOCs? What are the core governance challenges and how should NOCs meet them?
	Moderator: Matthew Hagopian, Partner, Energy and Infrastructure, Global Project Finance Group, Linklaters LLP Mr Peter O'Brien, Chief Financial Officer, Rosneft Mr Mauricio Alazraki, Managing Director of Finance and Treasury, Pemex Mr Stanley Lawson, Group Executive Director, Finance & Accounts, NNPC Mr Theodore Helms, Investor Relations Executive Manager, Petrobras Mr Philip Wolfe, Managing Director, Resources & Energy Group, HSBC Bank Plc Alastair Maxwell, Managing Director, Morgan Stanley & Co. Limited
13.00	Networking Lunch
CHINA
13.55	China’s Oil – latest market trends, changing strategies and new emerging players National strategy changes for oil & gas security policy New emerging players in China’s oil & gas Sectors Government ambitions and goals for oil and gas at home and abroad Where are there opportunities to work with the Chinese?
	Mr Farzam Kamalabadi, President, Future Trends International
EFFICIENCY IN E&P
14.35	Special guest presentation: How to achieve technical and capital efficiency in E&P How are National Oil Companies affecting E&P trends? Overcoming the most common challenges faced by E&P executives: staffing, training, project and risk management and defining the right asset portfolio Lessons from deepwater exploration – the Petrobras experience
	Mr Francisco Nepomuceno Filho, Executive Manager for E&P Corporate, Petrobras
15.05	Tea and coffee break
EMERGING CHALLENGES
15.35	Oil and alternative energies – what does the future hold? What will be the real impact of climate change and fossil fuel depletion on the world’s energy markets? The growth of renewables and its impact on NOCs Are alternative energies the new alternative investment?
	Mr Jeremy Leggett, CEO, Solar Century
16.05	The greatest challenge facing NOCs? Human resources and how to deal with the skills shortage Developing in-house technology and R&D How to develop human capital and technological competence Improving expertise in unconventional resources: enhanced oil recovery, deep drilling and tight gas extraction Partnerships that deliver results: technology transfer and local content Staff training and recruitment of expertise – how to deal with the skills shortage Integrating new skills, approaches and behaviours
	Lawrence Pope, EVP Administration and Chief Human Resources Officer, Halliburton Mr Jean-Matthieu Castellani, Vice President, Schlumberger Business Consulting Mr Salem Al Matroushi, Manager, Human Resources Development, ADNOC
17.00	Chairman’s summary and close of congress day two
17.05	Networking drinks
Day Three Thursday, 10 April 2008 Gas & LNG Day
GAS & LNG: MEETING GLOBAL DEMAND
08.00	Registration and coffee
08.50	Chairman’s opening remarks
	Mr. Martin Stewart-Smith, Partner, Simmons & Simmons
09.00	Keynote address: NOCs and gas – meeting demand and securing supply The role of the NOC in meeting market demand Strategic overview of the global gas and LNG industry Getting gas to market: key strategies How to cope with escalating raw material prices and tight labour markets Pipeline gas versus LNG: price and availability What are the challenges posed by rapid growth in LNG and how should NOCs react? Implications of the globalisation of LNG
	Dr Maria das Graças Silva Foster, Director for Gas & Energy, Petrobras
09.30	Keynote address: Natural gas - moving to a global market The changing market for gas - from a regional to a global market, the role of gas, climate change, security of supply, globalisation of the gas industry Development of a closer relationship between Atlantic and Pacific basin markets The challenges facing the growth of natural gas/LNG
	Mr Martin Houston, EVP & MD, Americas & Global LNG, BG Group
10.00	Special guest presentation: The economic outlook for gas and LNG Global natural gas/LNG demand and supply: current conditions and future projections Global outlook of natural gas/LNG markets Price stability concerns Implications of LNG and Gas price trends for National Oil Companies
	Dr Leo P. Drollas, Deputy Executive Director and Chief Economist, Centre For Global Energy Studies
10.20	Q&A with keynote speakers
10.30	Networking coffee and tea break
NOC STRATEGIES IN GAS AND LNG
10.50	Meeting the challenges of Gas and LNG in the subcontinent Strategic overview of the natural gas industry in India How is GAIL meeting cost, distribution and market challenges? What can other NOCs learn from Gail’s experience? Partnerships and joint ventures in the region – emerging opportunities for collaboration
	Dr U.D. Choubey, Chairman and Managing Director, Gail India Ltd.
11.20	Opportunities and lessons in Gas E&P from Nigeria Strategic overview of the natural gas industry in Nigeria What are the core challenges in the exploration, production and distribution of natural gas in Nigeria? How is Nigerian Gas Company meeting those challenge’s? Partnerships in the region – maximizing the benefits from cooperation Investment opportunities in the region
	Mr Chris Ogiemwonyi, Group Executive Director, Exploration & Production, Nigerian Gas Company
11.40	Small Scale GTL Plants and NOCs: a Unique Model to Building Profits Meeting the global demand for transportation fuels Unlocking the value of stranded gas Economics of small-scale plants Enhancing value and achieving project success Stabilization of greenhouse gasses   The GTL -NOC partnership advantage
	David Loring, President, CEO & Co-Founder, World GTL Inc
12.00	Critical challenges in Turkey and TPAOs strategy going forward Recent energy developments in the region and the implications for NOCs What are the critical challenges faced by TPAO and how will they be overcome? The strategic development and transportation of the region's oil and gas supplies Investment opportunities and opportunities for joint ventures Looking ahead: TPAOs strategy
	Mr Vedat Aydemir, Western Black Sea Project Manager - Exploration Department, Turkish Petroleum Corporation
12.20	Q&A
12.30	Networking lunch
MAXIMISING THE VALUE OF STRATEGIC PARTNERSHIPS IN GAS AND LNG
13.45	Panel discussion: Successful partnerships in the gas and LNG sector Is there more potential for NOC-IOC cooperation in the gas sector than in oil? Dynamics of International partnerships and alliances: NOC/NOC, NOC/IOC, NOC/service companies What can IOCs bring to the table in gas and LNG? Changing NOC strategies and implications for IOCs Internationalisation strategy and its impact on NOC/IOC dynamic What makes for a successful partnership?
	Mr Chris Ogiemwonyi, Group Executive Director, Exploration & Production, Nigerian Gas Company Mr Frank Look Kin, President, National Gas Company of Trinidad and Tobago Mr Everton September, Vice President - New Ventures, PetroSA Dr Maria das Graças Silva Foster, Director for Gas & Energy, Petrobras Mr Guy Broggi, Senior Advisor to Trading & Marketing, Total Mr Ottar Rekdal, Senior Vice President International E&P,, StatoilHydro
FUTURE PROSPECTS OF LNG SHIPPING
15.00	Panel discussion: LNG Shipping – developments, opportunities and future prospects Trends in LNG Shipping – constraints, opportunities, and innovations Major developments in the LNG shipping industry and implications for NOCs What shipping advances are required in the next decade? Understanding your shipping partners What does the future hold for the LNG shipping industry? What role will the NOC play?
	HE Mohammed Souri, Chairman, National Iranian Tanker Company Mr Keith Bainbridge, Managing Director, LNG Shipping Solutions Mr Sveinung Støhle, CEO, Hoegh LNG Mr Gary Smith, CEO, Golar LNG
16.00	Chairman’s summary
16.10	Networking tea and coffee
16.40	Close of congress
Monday 7th April 2008 Pre-congress executive workshop
08.30	Registration and Coffee
09.00	Maximizing value creation and building competence in your own country This workshop will explore how governments and NOCs can transform the oil and gas industry into an economic engine for job creation and national growth by developing in-country capacity and indigenous capabilities to meet the high standards required in the hydrocarbon sector. The message from Sakhalin in the far east of Russia, to the North Sea, the Middle East, Africa and Latin America has been the same: “We want to maximize the value creation and build competence on our own country” This workshop will go some way to understand how this can be done. Topics to be explored include: The role of international companies, oil companies as well as contractors and service providers in developing local capabilities Employing local people and involving local companies Transfer of knowledge and technology Lessons learned from policy implementation in the UK, Norway, Brazil and Malaysia Strategies of countries that currently operate “national content” policies like Nigeria, Angola, Brazil and Russia One of the lessons seems to be that development of local capabilities and competences is best left to the discretion of the national oil companies rather than to regulatory enforcement. The workshop will address the best practice developed by NOCs.
	Mr Willy Olsen, Former Senior Advisor to the President & CEO of Statoil, INTSOK
16.00	Summary and close of workshop