This is the hottest conversation topics at this year’s major oil and gas conference.
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Monday morning sees the start of the major oil and gas ONS (Offshore Northern Seas) in Stavanger.
In recent days, the whole town stood on its head. Hotel capacity is long since exploded, and approximately one mile of exhibition space is clearly rigged.
– This is a return to childhood Christmas. You begin to see that the gifts are starting to be worn under the tree, says Mass General Leif Johan Sevland to DN.
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Two years of planning
In two years, although Land worked for the event, which runs for four days to go smoothly.
- Offshore Northern Seas, better known as the ONS in Stavanger, started in 1974 and attracted visitors since 7000
- Held every two years. In 2012 there were 59,913 visitors visited
- Have this year around 1,300 exhibitors from over 30 countries at the fairgrounds
The last time there were almost 60,000 visitors. Sevland dare not hope for a new record this year, but is happy if 50,000 people visit the fair, which this year celebrates 40 years.
The program is packed with big international names, including Tesla founder Elon Musk and Chief of the world’s largest oil company, Saudi Aramco, Khalid A. Al-Falih.
One obvious guest and speaker, our own oil and energy. Tord Lien believes there is no doubt that the ONS is “very important” for the industry.
– This is the largest and most important meeting place for government, Norwegian and international companies and organizations for the Norwegian continental shelf, writes Lien in an e-mail DN.
– What are the major topic of conversation at this year’s fair?
– Although I am concerned including cost challenges, predictable conditions and the northern areas of the shelf becomes increasingly important, answer the Minister.
Investing Fall
DNB oil analyst Torbjorn Kjus think it will be a great deal of attention around the lower level of investment (see fact box at the bottom of case)
– All the research suggests the decline next year. Not only in Norway but also globally, says Kjus.
A number of major companies in the oil industry plans now cost. Oil Service Founder and CEO Ståle kyllingstad think this is one of three themes that will be left on the oil conference.
– The news is that many of us have little to do in the field of operation, maintenance and modifications. Moreover, it is natural to talk about Johan Sverdrup. In addition, I think we will talk about why oil companies are so påholdne with their investments when oil prices are so good that one is, he says to DN.
Kyllingstad IKM is one of a total of 1,300 exhibitors from 30 different countries ONS.
– What does the show for the company?
– We expect to serve food to about 500 customers during the four days. Also, we expect to have a great visit new and old customers at our booth. It is difficult to measure results in figures, but it is important, says oil entrepreneur.
Investor and industrial owner Jens Ulltveit- Moe has been on the show for nearly 20 years. On Monday he will hold talks on investment opportunities in renewable energy.
– This is the first time I’m on the ONS for renewable energy. I think it serves the show, to the glory that they provide theme so much space, he says to DN.
One piece of advice
Messe General Sevland stressed that the ONS is not only important for the industry, but have major repercussions for the region.
Now he is looking forward to the conference to mark the urban landscape over the next few days. To the participants, he especially one advice:
– There are early and late in the evening. This is not the week for new shoes, says Mass General.
- Investments within industries for conveying and extraction of oil and gas will by 2015 fall with 49 billion. kroner next year, according to a census Statistics Norway (SSB) has been made by the companies.
- year oil investment ends at record high 231.7 billion. dollars, according to Statistics Norway census.
- Norges Bank estimates that petroleum investment increases by 2.5 percent this year, before falling by 10 per cent next year.
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