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The conference for the offshore oil & gas asset finance
network
@OGFGlobal #OGFAmsterdam
CONFERENCE PROGRAMME
Amsterdam Marriott Hotel 18th-20th March 2015
www.ogfglobal.com/ogf-amsterdam
BROUGHT TO YOU BY:
PART OF:
OPERATORS AND E&P COMPANIES
ELIGIBLE FORFREE ATTENDANCE
MORE INFO ON REVERSE
GOLD SPONSORS: ICEBREAKER COCKTAIL RECEPTION HOST:
REFRESHMENT BREAK HOST: BREAKFAST HOST:
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Welcome to the OGF Amsterdam 2015 programme - your ultimate
guide to OGF Globals launch event held in Amsterdam on the
18th*-20th March 2015.OGF Amsterdam offers a fantastic opportunity
to gain a uniquely global perspective on financing of offshore
exploration and production assets presented by industry experts.
The event will bring together market-makers from across the deal
chain, providing an efficient platform, perfect for networking and
dealmaking.
OGF AMSTERDAM 2015: THE CONFERENCE FOR THE OFFSHORE OIL &
GAS ASSET FINANCE NETWORK
WHO SHOULD ATTEND
Banks
ECAs
Law firms
Private equity
Investors
OSV operators
FPSO operators
Pipelay operators
E&P companies
Multilaterals
NOCs
IOCs
Offshore construction companies
Shipyards
Alternative financiers
Drillships operators
PSVs and subsea operators
WHY ATTEND
@OGFGLOBAL #OGFAmsterdam WWW.OGFGLOBAL.COM/OGF-AMSTERDAM
HEAR leading market participants debate the opportunities and
challenges of financing offshore O&G assets
PARTICIPATE in discussions on the most pertinent issues for the
industry, including Mexican and Brazilian oil & gas markets
NETWORK with representatives across the offshore oil & gas
finance sector and make connections crucial to your business
INTERACT with all delegates and access exclusive conference
content using our innovative OGF Live mobile app
*The pre-conference field trip on Wednesday 18th March is
separately bookable. More information overleaf.
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OGF AMSTERDAM 2015: THE CONFERENCE FOR THE OFFSHORE OIL &
GAS ASSET FINANCE NETWORK
SEPARATELY BOOKABLE PRE-CONFERENCE FIELD TRIP
WEDNESDAY 18TH MARCH 2015
11:30 Pick up at the Amsterdam Marriott Hotel13:00 Arrive at the
Royal IHC shipyard for introduction, lunch and a tour around the
Royal IHC shipbuilding facilities. The Royal IHC representatives
will show and explain the process of building two 550 tonnes pipe
laying vessels, followed by an interactive Q&A session.
16:00 Depart for the cocktail reception17:15 Arrive back at
Amsterdam Marriott Hotel18:00 20:00 Icebreaker cocktail reception
hosted by Royal IHC
To register: The field trip is exclusively available to OGF
Amsterdam 2015 conference delegates.
Field trip price: 100 + VATSpaces are limited so early booking
is advised.
Join us at the Amsterdam Marriott Hotel for an icebreaker
cocktail reception hosted by Royal IHC.
@OGFGLOBAL #OGFAmsterdam WWW.OGFGLOBAL.COM/OGF-AMSTERDAM
MEET THE TEAMOGF Globals dedicated and experienced team will be
with you at every step of the way. Whether you are sponsoring,
speaking, attending or exhibiting, OGF Globals team combine an
intellectual rigour in their approach to conference content with an
operational flexibility and flair to make your event experience
unique and valuable in equal measure.
WANT TO REGISTER?
Get in touch with Tanya Zinovjeva, Marketing Executive
[email protected] | +44 (0)20 7779 8093
WANT TO FIND OUT MORE ABOUT THE AGENDA?Speak to Will Robson,
Conference Editorial Manager [email protected] | +44
(0)20 7779 8423
INTERESTED IN SPONSORING?Contact Gerald Okullo, Business
Development Manager [email protected] | +44 (0)20 7779
8618
GOT ANY QUESTIONS ABOUT THE HOTEL & LOGISTICS?Drop a line to
Victoria Fox, Event [email protected] | +44 (0)20 7779
8943
Natasha Wood, General [email protected] | +44 (0)20
7779 8547
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OGF AMSTERDAM 2015: THE CONFERENCE FOR THE OFFSHORE OIL &
GAS ASSET FINANCE NETWORK
DAY ONE: THURSDAY 19TH MARCH8:00 Registration & morning
refreshments
8:50 Chairpersons opening remarks
9:00 Industry Outlook: The oil price and its repercussions Short
and long term oil price outlook Diminished capex and its impact on
day rates and contract renewals Increased market discipline: The
newbuild/scrapping balance and the impact on mar-
ket oversupplyJarand Rystad, Managing Partner, Rystad Energy
9:30 Global Heads of Offshore FinanceLiquidity, pricing and
risk: The appetite of commercial banks for off-shore risk The
impact of reduced covenants and reduced margins as competition
rises Is the door to commercial bank debt closed on smaller asset
owners? Bank innovations to maintain position in the market
Magnus Piene, Senior Vice President and Global Head of Offshore,
DNB Bank ASA Peter Boogers, Global Head of Energy, ABN AMROErwin
Nederkoorn, Global Head Oil and Gas Offshore Services, INGJarand
Rystad, Managing Partner, Rystad Energy (Moderator)
10:15 Refreshments & networking break
11:00 The FPSO Session
This session will discuss the changing structures of FPSO
finance deals and the growing trend towards hybrid structures to
deal with rising costs and risk. The session will also include a
case study to see one approach to FPSO finance in action20 minutes
Case Study: FPSO Financing in action: An in-depth case study from
ABN AMRO and SBM Offshore The impact of reduced covenants and
reduced margins as competition rises Is the door to commercial bank
debt closed on smaller asset owners? Bank innovations to maintain
position in the market40 minutes Financing FPSOs: Structuring
hybrid asset and project finance deals Financing increasingly
expensive FPSO projects Balancing reduced construction costs with
increased construction risk Mitigating risk to minimise costs in
ever more ambitious environments
Antoine Saint Olive, Head of Offshore Infrastructure,
NatixisHerv Lalli, Group Corporate & Project Finance Director,
SBM OffshoreHugo Diogo, Director Energy, ABN AMRODuncan Peace,
Director, Crondall Energy (Moderator)
12:00 Shipyard and operator cooperation: The shipyards role in
successful deal completion What financial structures are shipyards
offering to help potential clients deal with costs? Inter-shipyard
competition and its effect on pricing: Is it worth taking
construction risk to
minimise costs? If demand continues for increasingly complex
assets can shipyards keep up and what
impact will this have on asset prices?
Guido Fieret, Manager, Treasury and Export Finance, IHC
12:30 The Brazilian Forum: Open question session tackling the
key talking points of Brazils offshore industry
Mitigating sovereign risk in Brazil Keeping down the costs of
using Brazilian shipyards In the shadow of BNDES is there room for
international investors?
Marcos Szutan, Senior VP Corporate and Investment Banking, Itau
BBAPatric Lange, Partner Oil and Gas, Daemon InvestimentosSergio
Monaro, Head of Project and Export Finance Brazil, HSBC
13:15 Lunch
@OGFGLOBAL #OGFAmsterdam WWW.OGFGLOBAL.COM/OGF-AMSTERDAM
WEDNESDAY 18TH MARCH18:00 - 20:00 Icebreaker cocktail reception
hosted by Royal IHC
sponsored by
sponsored by
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14:30 The road to El Dorado? Is it too soon to move into the
Gulf of Mexico or is there no time like the present?
Lingering questions over transparency and the resulting
sovereign risk The risks of an emerging market: Will banks be
willing to lend to Mexican projects? The issue of creditor rights
in Mexico
Luis Miguel Labardini, Partner, Marcos y Asociados
15:00 Steadying the ship in rough seas: Financial restructuring
amidst fallingoil prices Dealing with reduced revenue and
increasingly expensive debt as the low oil price hits
exploration and production asset owners. Prepare for the worst,
hope for the best; preparing financial structures for a
long-term
reduction in the oil price. Mispriced and risky: mitigating risk
through innovative structures and covenance for
borrows under financial distress.Reese McNeel, CFO, Sevan
MarineDavid Manson, Partner, White & CaseMahmoud Atalla,
Managing Director - Credit Situations Group, HSBCAlbert Stein,
Managing Director, AlixPartners (Moderator)
15:45 Refreshments & networking break
16:15 Is the oversupply in OSVs set to continue? How will growth
in deepwater and ultra-deepwater exploration impact orders?
The role of private equity involvement in the sector Financing
the need for increasingly sophisticated vessels Is the future
diversification or streamlining of services?
Per Kyrre Kvien, CFO, Olympic ShippingJay Daga, Deputy CFO,
Topaz MarineNeil Hartley, Managing Director, First ReserveDmitri
Mikhno, Director, Clarksons (Moderator)
17:00 Case Study: Seadrill US$1.5 billion ECA facility to
finance the West Saturn, West Neptune, and West Jupiter What are
the relative roles of the ECAs involved? How was the deal
structured? Can this deal be replicated to finance the growing
costs of assetsJonas Ytreland, Vice President, Seadrill
17:30 The Alternative Finance Forum: What is the appetite for
financing offshore assets and must more be done to educate
investors and mitigate risk?
The private equity appetite for offshore assets Project bonds as
an alternative to project finance High yield bonds as a continuing
option for operators
Torkell Vold, Managing Director, Offshore Merchant PartnersBob
Maguire, Managing Director, CarlyleKnut Eivind Haaland, Managing
Director, Global Head of Fixed Income Origination,DNB Bank ASA
18:15 Chairpersons remarks followed by a drinks reception
@OGFGLOBAL #OGFAmsterdam WWW.OGFGLOBAL.COM/OGF-AMSTERDAM
OGF AMSTERDAM 2015: THE CONFERENCE FOR THE OFFSHORE OIL &
GAS ASSET FINANCE NETWORK
sponsored by
-
DAY TWO: FRIDAY 20TH MARCH
8:30 Morning refreshments
9:00 Chairpersons opening remarks
9:10 Halting the slide: What are drill-ship and rig companies
doing to combat falling figures? Addressing challenges and
identifying opportunities Asset valuations in an over-supplied
market and the effect on loan collateral Competing with the Chinese
rig finance model
Ronny Gothesen, Senior VP Offshore, DVBJonas Ytreland, VP
Treasury & Financing, Seadrill Management Ltd.Paul Hillegeist,
President & COO, Quest Offshore (Moderator)
9:55 ECAs in DepthThe changing character of global ECAs in the
offshore sector and their importance in driving new projects and
mitigating risk How are ECAs developing the products they offer?
Inter-ECA competition and its effects on the market Developing
hybrid ECA, bank and alternative finance deal structures
Victor Hoek, Head of Project Finance, AtradiusSolveig Froland,
Director, GIEKOlav Einar Rygg, EVP and Director of Lending Shipping
and Offshore, EksportkredittByung-Hyun Hwang, Senior Loan Officer,
Offshore, KEXIM Moon-Gouk Chae, Director, Team Head of Offshore
Team, Maritime Finance Department, K-Sure Guido Musso, Head of
Export and Agency Finance, Citigroup (Moderator)
10:40 Refreshments & networking break
11:10 The sale/lease back model: Should this be accessed by more
offshore asset owners? Is there sufficient appetite amongst
investors to make these arrangements common-
practice? MLPs and leasing a growing trend in offshore The
emergence of Chinese leasing companies and the advantages they
offer
Wilhelm Christian Magelsson, Partner Shipping and Offshore,
Pareto Project Finance
11:40 The operator spotlight: Are there sufficient financing
options open tooperators?
How offshore activity is affecting day rates and utilisation
levels and the effect this has on appetite for financing new
vessels
The types of finance that operators are exploring Are we seeing
increasing innovation on the buy-side in the pursuit of
finance?John Boots, VP Finance & Treasurer, Pacific
DrillingFrans den Houter, CFO, Heerema Marine ContractorsJan-Hein
Jesse, Owner, Josco (Moderator)
12:25 Looking to the Future: Opening up FLNG
As the FLNG frontier looms on the horizon, this session
discusses the potential financing options for these projects beyond
just capital expenditure.Can the FPSO financing structure be used
as a template for FLNG? Capex balance sheet mismatch: What finance
is available to smaller FLNG
companies? ECA lending in FLNG/FSRU projects Is there a role in
the market for alternative financiers?
Erwin Nederkoorn, Global Head Oil and Gas Offshore Services, ING
Marc de Saint Gerand, Assistant General Manager Oil and Gas Project
Finance, SMBCTor-Ivar Guttulsrd, Director FLNG Global Gas
Solutions, American Bureau of Shipping (Moderator)
13:10 Chairpersons closing remarks followed by lunch
@OGFGLOBAL #OGFAmsterdam WWW.OGFGLOBAL.COM/OGF-AMSTERDAM
OGF AMSTERDAM 2015: THE CONFERENCE FOR THE OFFSHORE OIL &
GAS ASSET FINANCE NETWORK
sponsored by
sponsored by
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OGF Global, the offshore oil & gas finance network, is a
leading provider of insight into financing offshore oil & gas
exploration and production assets through content driven
conferences. The OGF Global team are proud to be part of Euromoney
Insititutional Investor PLC.
ABOUT EUROMONEY Euromoney Institutional Investor PLC is the
leading international publishing, events and electronic information
group, delivering business information to the financial, legal,
energy and transport sectors for over 35 years.
Euromoney is at the forefront of global finance. Our teams
expertise and knowledge goes deep into the most demanding and
complex elements of the financial markets including asset finance,
ECA finance, energy, infrastructure and project finance.
The Global AirFinance Conference Dublin1,200+ delegates, 400+
lessors, 300+ airline executives, representing 65
countrieswww.airfinancejournal.com/dublin2015
Euromoney Seminars Nordic High Yield Bond Conference200+ issuers
and bankswww.euromoneyseminars.com/NHYB14
EUROMONEY ALSO BROUGHT YOU
SENIORITY OF DELEGATES WHO ATTEND EUROMONEY EVENTS30%
Chairman/President / CEO /CFO / Global Head15% Director / Partner /
Vice President / Deputy Head10% Finance Manager / Export Finance
Manager / Risk Manager5% Senior Advisor / Senior Analyst / Senior
Associate5% Other
OGF AMSTERDAM 2015: THE CONFERENCE FOR THE OFFSHORE OIL &
GAS ASSET FINANCE NETWORK
The Global Export Finance Conference600+ delegates, 25+ ECAs,
120+ exporters, representation 40+
countrieswww.euromoneyseminars.com/GEF
The Amsterdam Marriott Hotel hosts OGF Amsterdam 2015
Join us at the Amsterdam Marriott Hotel in the heart of
Amsterdam. Fully equipped to make your conference experience unique
the Amsterdam Marriott Hotel is located close to Amsterdams main
attractions including The Rijksmuseum, Van Gogh Museum and the
world famous canals.
The venue has everything you need for business, including
separately bookable meeting rooms available upon request (contact
Gerald Okullo for more information), complementary WiFi and lots of
informal space for networking.
@OGFGLOBAL #OGFAmsterdam WWW.OGFGLOBAL.COM/OGF-AMSTERDAM
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Amsterdam Marriott Hotel 18th-20th March 2015 THE CONFERENCE FOR
THE OFFSHORE OIL & GAS ASSET FINANCE NETWORK
TICKET OPTIONS AND PRICING:Conference fee: 1,599 +VAT (offer
after 30th January 2015)
HOW TO REGISTER
For immediate information on this and related events, please
call +44(0)20 7779 7222 (UK) or alternatively email
[email protected]
GROUP BOOKINGS 3rd delegate: SAVES 200For bookings for 5+
delegates please email [email protected] or call +44(0)20
7779 7222
4th delegate: SAVES 300
1. Online: visit www.ogfglobal.com/ogf-amsterdam2. Email:
[email protected]. Tel: +44(0)20 7779 7222
VENUE: Amsterdam Marriott Hotel, Stadhouderskade 12, 1054 ES
Amsterdam, Netherlands. Tel: +31 20 607 5555 TRAVEL &
ACCOMMODATION: When you register you will be sent a hotel booking
form with details on how to book your accommodation.REGISTRATION
FEE: The registration fee includes participation in the conference,
lunches and documentation material, which will be available in
electronic format the night before the event. Please use your
username and password in order to access them. Conference passes
are for an individual delegate only to attend both days of the
event and cannot be split between days with others. 21% Dutch VAT
will be added to all ticket prices.
TERMS AND CONDITIONS: Cancellations must be received in writing
(letter, fax, email) by 5th March 2015. All cancellations received
by this date will incur a 10% administration fee. If payment has
been made, a refund less 10% will be processed; any outstanding
invoices will be liable for 10% of the registration fee.
Cancellations made after 5th March 2015 will be liable for the full
conference fees. Should you be unable to attend the event, a
substitute may attend in your place at no extra charge. OGF Global
reserves the right to change details of the event, including
speakers, sponsors, venue, currency and pricing at any time up to
the date of the event.
DELEGATE ENQUIRES: If you would like to speak to a member of the
team for further information on this events, please contact Venice
EvangelistaEmail: [email protected] Tel:
+44(0)20 7779 7222
@OGFGLOBAL #OGFAmsterdam WWW.OGFGLOBAL.COM/OGF-AMSTERDAM
OGF AMSTERDAM 2015: THE CONFERENCE FOR THE OFFSHORE OIL &
GAS ASSET FINANCE NETWORK
Operators and E&P companies can apply for one of a limited
number of complimentary passes
To find out more about the offeror register for the conference,
please contact Tanya Zinovjeva
[email protected]+44 (0)20 7779 8093
