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SAE Media Group's Project Financing in Oil and Gas Conference is aimed to give a detailed update on the Project Financing Markets. Crucially, different scenarios regarding the oil and gas commodity prices and the resulting effect on Project Financing will be discussed, as well as understanding the complexities around financing your own oil or gas project. We will hear from experts on how project financing can be used in a variety of scenarios, including joint ventures. Other structured financing techniques will be discussed, allowing the audience to understand when Project Financing really is the best option. The risks and how to mitigate them will be discussed in regard to up, mid and down stream as well as considering the difficulties that political instability creates.

Aimed at both oil and gas majors, as well as SMEs, we aim to create a great networking atmosphere which is beneficial to all parties, including bankers, lawyers, consultants and developers.

This conference will cover a range of complex topics regarding project financing. From understanding how different oil and gas price scenarios may affect project financing to appreciating the risks relating to each stream and how they can be mitigated. Other risks such as political risk will also be dealt with by leading experts. Understanding other important financing structures and when project financing is the right course of action will also be dealt with by top class project financing lenders.

 

Understand how different oil prices may affect the Project Financing Market
Appreciate the different risks associated with different streams and how to prepare for them
Hear about financing structures and when Project Financing is the best option
Network with Leading professionals and understand what lenders want to see

Head of Oil, Gas & Petrochemicals, Project Finance
Associate Director
Business Development Manager
Chief Financial Officer
Director of Commercial and Gas
Directors of LNG
Economics and Strategic Planning Advisors
Legal Directors
Managers of Corporate Finance
Country Operations Managers
Project Directors
Sr. Business Directors
Technical Directors of Development and Planning
Treasury Managers
 

  • Banks
  • Private Equity Firms
  • Lawyers
  • Due Diligence service companies
  • Developers

 

Adepetun Caxton-Martins Agbor & Segun; Arab Law Bureau; Axens; BB Energy Trading Ltd; BP p.l.c; Bracewell and Giuliani; CREDIT AGRICOLE CIB HOLDINGS LIMITED; Deutsche Bank; DNV; Ernst & Young; F1F9 UK Ltd; Gas Strategies; Goldman Sachs; I C I S; Independent; King & Wood Mallesons SJ Berwin; Koikanyang; Malwell Corporate Projects Ltd; MENAS Associates; Mergermarket; No Hot Air; Norton Rose Fulbright ; Odujinrin & Adefulu; Poten & Partners, Inc; PTT Exploration and Production Public Company Limited; RPS Group Plc; Santander; Sasol ; SBI Capital Markets Limited; Schlumberger; SMBC Europe Division; Swansea University; TECHNIP UK LIMITED; UK Export Credit Finance; Velocys; YgNeftegas;

Conference programme

8:30 Registration and Coffee

9:00 Chairman's Opening Remarks

Raj Kulasingam

Raj Kulasingam, Senior Counsel, Energy and Infrastructure, Dentons

9:10 Reserves and Project Due Diligence: The Underlying Support to Any Project Finance

Edward Jankowski

Edward Jankowski, Director, Commercial & Gas, RPS Energy
View Bio

• What are Reserves and how are they defined (PRMS)
• Risk and uncertainty – understanding how these apply to Reserves (PRMS)
• Historical Reserves performance
• Technical due diligence process – current approach
• Production delivery – where do projects normally go wrong?
• Project risk analysis
• How can we improve the due diligence process
• Project framing

9:50 The Impact of Oil Prices on Project Finance Loan Markets

Liam O'Keeffe

Liam O'Keeffe, Managing Director, Head of Project Finance, Credit Agricole Corporate and Investment Bank

• State of the project finance loan markets
• How different scenarios in oil prices will affect project finance
• Bank appetite for midstream oil & gas projects
• Bank appetite for upstream oil & gas projects

10:30 Morning Coffee

11:00 Back to basics: understanding project financing structures

Ian Cogswell

Ian Cogswell, Managing Director, Head of Natural Resources, NATIXIS

• What are the cornerstones of project financing
• Applying project finance to oil and gas projects
• Key lender requirements
• Project Finance in the future
 

11:40 Understanding the pros and cons of other main financing structures

Christian Coulter

Christian Coulter, Managing Director, Head of Energy Capital EMEA, Macquarie Bank ltd

• Taking a look at the other main funding structures
• Which options are most popular?
• When these may be more appropriate
• Do they offer any advantages that project financing doesn’t?

12:20 Networking Lunch

13:20 Introduction to reserve based lending

Dimitri Papaefstratiou

Dimitri Papaefstratiou, Partner, Energy and Infrastructure Finance, DLA Piper LLP

  • Introduction to reserve base financing
  • Banking case and reserve analysis
  • Key commerical terms
  • hedging & Security
  • 14:00 The Continum of Reserve Based Finance

    Jack Peck

    Jack Peck, Managing Director, Reserve Based Finance, Societe Generale

    14:40 Maximising your debt capacity (or all the things your lenders don’t want you to know)

    Stephen  Enderle

    Stephen Enderle, Head of Oil & Gas Finance, Investment Banking, Rand Merchant Bank

    • Choosing the right structure, high level pros and cons
    • Tranching the risk
    o Multi-tier capital structures – can they get you more and are they worth the increased complexity?
    o Dividing the risk among the appropriate market counterparts – who what’s which bit of the risk?
    •  Hedging: When is enough enough?
    • Poacher turned Game Keeper
     

    15:20 Afternoon Tea

    15:50 Understanding the options when dealing with the political risk

    Raj Kulasingam

    Raj Kulasingam, Senior Counsel, Energy and Infrastructure, Dentons

    • Why is political risk an important aspect to consider during application for project funding
    • Case studies of project failures due to political risk
    • Involving the government to minimise risk
    • Other mitigations which reduce political risk
     

    16:30 Project Financing in Africa

    Chris Leeds

    Chris Leeds, Executive Director , Standard Chartered Bank

  • The current market outlook
  • The common difficulties associated with upsteram projects
  • Reflection on experiences: lessons to be learnt 
  • 17:10 Completing projects in Nigeria: The key things you need to know

    Folajimi Alli-Balogan

    Folajimi Alli-Balogan, Associate, Coporate Commercial (Banking and Coporate Finance), Aluko & Oyebode

    • Understanding the complexities of local law
    • Preparing to work internationally
    • Working with International Governments
    • Previous case studies and lessons learnt

    17:50 Chairman's Closing Remarks

    Raj Kulasingam

    Raj Kulasingam, Senior Counsel, Energy and Infrastructure, Dentons

    8:30 Registration and Coffee

    9:00 Chairman's Opening Remarks

    Tim Pipe

    Tim Pipe, Partner, Dentons
    View Bio

    9:10 LNG Projects and their Financing: Heydey or Mayday?

    Bali  Kochar

    Bali Kochar, Executive Director, International Structured Finance, Banca IMI S.p.a.

    • Overview and trends in the LNG Sector
    • Likely impact on future LNG Financings
    • Framework for evaluating LNG financings

     

    9:50 Oil and Gas Project Finance

    Robert Clews

    Robert Clews, Head of Oil, Gas & Petrochemicals, Sumitomi Mitsui Banking Corporation

    Oil and Gas Project Finance
    • an overview of the current trends
    • risks and mitigants
    • financing structures and sources of finance

    10:30 Morning Coffee

    11:00 When is Project Financing the right financing structure choice?

    Jan Gabrynowicz

    Jan Gabrynowicz, Head of Oil & Gas, London, Project Finance, Commonwealth Bank of Australia

  • The project funding landscape: what are the main options?
  • The pros and cons of project Finance
  • Joint Ventures adn other scenarios which benefit a project financing approach
  • Taking a geographical overview
  • When project financing is attractive
  • 11:40 Difficulties with pricing: calculating upstream risk

    Tom  Woolgar

    Tom Woolgar, Director, EMEA Energy, Scotiabank

    • Understanding the main risks associated with upstream projects
    • Mitigating these risks: what are the possibilities?
    • How do banks view and price this risk?
    • How can sponsors secure upstream project financing?

    12:20 Networking Lunch

    13:50 Considering the difficulties surrounding securing finance for pipeline projects

    Dolan Hinch

    Dolan Hinch, Head of Middle East & Africa, Infrastructure & Energy, Deutsche Bank

    • With such demand for pipeline projects, what is halting the process? 
    •  The main risks associated with pipeline ventures
    • What lenders are looking for in pipeline projects
    • Looking to the future – how will midstream financing develop?
     

    14:30 Working with the ECA to secure funding

    David  Craig

    David Craig, Manager, Project and Structured Finance, UK Export Credit Finance

    • How the export credit finance works differently to other lenders
    • The benefits of having the export credit agency onboard
    • How to optimise working with the ECA
    • Looking towards future developments

     

    15:10 Afternoon Tea

    15:40 Unconventional (Shale) Developments – Regulation and Contracting Models

    Humphrey Douglas

    Humphrey Douglas, Partner, Dentons

    • New shale market approaches

    • Differences vs conventional developments

    • Concession / licence issues

    • Purchase / farm-in agreements

    • Joint operating agreements
     

    +

    FEATURED SPEAKERS

    Bali  Kochar

    Bali Kochar

    Executive Director, International Structured Finance, Banca IMI S.p.a.
    Christian Coulter

    Christian Coulter

    Managing Director, Head of Energy Capital EMEA, Macquarie Bank ltd
    Folajimi Alli-Balogan

    Folajimi Alli-Balogan

    Associate, Coporate Commercial (Banking and Coporate Finance), Aluko & Oyebode
    Jack Peck

    Jack Peck

    Managing Director, Reserve Based Finance, Societe Generale
    Raj Kulasingam

    Raj Kulasingam

    Senior Counsel, Energy and Infrastructure, Dentons

    Bali Kochar

    Executive Director, International Structured Finance, Banca IMI S.p.a.
    Bali  Kochar

    Chris Leeds

    Executive Director , Standard Chartered Bank
    Chris Leeds

    Christian Coulter

    Managing Director, Head of Energy Capital EMEA, Macquarie Bank ltd
    Christian Coulter

    David Craig

    Manager, Project and Structured Finance, UK Export Credit Finance
    David  Craig

    Dimitri Papaefstratiou

    Partner, Energy and Infrastructure Finance, DLA Piper LLP
    Dimitri Papaefstratiou

    Dolan Hinch

    Head of Middle East & Africa, Infrastructure & Energy, Deutsche Bank
    Dolan Hinch

    Edward Jankowski

    Director, Commercial & Gas, RPS Energy
    Edward Jankowski

    Edward Jankowski, Director of Commercial and Gas, RPS Energy
    Ed has over 30 years’ oil and gas experience working in both technical and commercial functions. Strong technical background (PhD and BSc in Geophysics) coupled with detailed expertise in petroleum economics and commercial negotiations. His commercial experience has been gained with both major and smaller independent international operators. Since 2005 Ed has been Director Commercial and Gas for RPS Energy, a major international oil and gas consultancy. Areas of expertise include evaluation of Reserves and Resources, portfolio valuation, risk analysis and strategic analysis. This broad exposure includes exploration, development, production activities (involving oil, gas, LNG and power generation) as well as mergers and acquisitions.
     

    Folajimi Alli-Balogan

    Associate, Coporate Commercial (Banking and Coporate Finance), Aluko & Oyebode
    Folajimi Alli-Balogan

    Humphrey Douglas

    Partner, Dentons
    Humphrey Douglas

    Ian Cogswell

    Managing Director, Head of Natural Resources, NATIXIS
    Ian Cogswell

    Jack Peck

    Managing Director, Reserve Based Finance, Societe Generale
    Jack Peck

    Jan Gabrynowicz

    Head of Oil & Gas, London, Project Finance, Commonwealth Bank of Australia
    Jan Gabrynowicz

    Liam O'Keeffe

    Managing Director, Head of Project Finance, Credit Agricole Corporate and Investment Bank
    Liam O'Keeffe

    Raj Kulasingam

    Senior Counsel, Energy and Infrastructure, Dentons
    Raj Kulasingam

    Robert Clews

    Head of Oil, Gas & Petrochemicals, Sumitomi Mitsui Banking Corporation
    Robert Clews

    Stephen Enderle

    Head of Oil & Gas Finance, Investment Banking, Rand Merchant Bank
    Stephen  Enderle

    Tim Pipe

    Partner, Dentons
    Tim Pipe

    Tim is a banking partner at Dentons specialising in upstream financings. He works with banks, borrowers, traders, non-bank lenders and governments on a range of financing transactions including reserve-based lending, prepayment facilities, pre-export finance and corporate facilities (as well as restructurings and work-outs) across the globe, with a focus on the North Sea and sub-Saharan Africa.

    Tom Woolgar

    Director, EMEA Energy, Scotiabank
    Tom  Woolgar

    Sponsors and Exhibitors

    Official Media Partner

    Platinum Media Partners

    Official Associations

    Online Partner

    Supporters

    Workshops

    An Oil and Gas Project Finance Masterclass
    Workshop

    An Oil and Gas Project Finance Masterclass

    Holiday Inn Regents Park
    25th November 2015
    London, United Kingdom

    Preliminary List of Attendees 2015

    Download

    Infographic: Survey 2015 Results – Project Financing in Oil and Gas

    Download

    Sponsors and Exhibitors


    RPS Group

    Sponsors and Exhibitors
    http://www.rpsgroup.com/energy

    RPS is a global consultancy providing independent technical, commercial, project management and training support. Clients span the upstream, midstream and downstream oil and gas industry. By combining technical and commercial expertise in geoscience and engineering with an extensive knowledge of environmental and safety issues, we provide support across the complete asset life-cycle.

    Media Partners


    NewsBase

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    Because you need to know what's going on and why, NewsBase has been delivering timely and accurate business and economic news, analysis and intelligence from emerging markets since 1995. NewsBase customers include oil and gas companies in all areas of the industry, investment banks, consultancies, government agencies, law firms, accountancies, as well as academics and economists. Our weekly Oil & Gas, Unconventional Resources, LNG, Power, Renewable Energy and Carbon Emissions reports provide commentary and analysis on Africa, Asia, Asia Pacific, Europe, Latin America, China, the Middle East, North America, Russia and the CIS, and Western, Central & Eastern Europe.

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    Oil & Gas Financial Journal

    Platinum Media Partners
    http://www.ogfj.com

    Oil & Gas Financial Journal provides global financial decision makers with specific, easily accessible, and essential business intelligence regarding worldwide oil and gas markets, both in the form of content and informative advertising, in a manner that generates value for its readers, advertisers, and stakeholders.

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    KallanishEnergy

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    Kallanish Energy News is part of Kallanish Commodities. Kallanish Commodities is a business media organisation that produces news, training, and market intelligence for professionals who work in commodities. Our daily news services publishes in depth and thoughtful analysis on the industries that they serve.


    Oilfield Conference

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    Oilfield Conference is the world's leading oil and gas conference and exhibition directory providing delegates with event information and registration services. We are the foremost online source for oil & gas engineers, scientists and management executives to access technical information about oil and gas conferences, exhibitions and forums. In addition to our online directory services, we publish the Oilfield Conference magazine, a quarterly publication that is available online and formatted for iPad, Android and other mobile tablets.


    Energy Global

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    Oil Voice

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    Founded in 2002, OilVoice is a valuable source of upstream oil industry reference. It features a global selection of oil company profiles in one location, alongside continually updated industry news, operational data, focused regional information, contact details and key industry personnel.


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    • gasworld Directory -  In January 2012 we launched a printed hard copy of our online directory, featuring the very latest contact details and product information for over 5000 companies worldwide.
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    LNG Industry

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    http://www.navigantresearch.com/

    Navigant Research is a market research and consulting team that provides in-depth analysis of global clean technology markets. The team's research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of these industry sectors.

    Official Associations


    Gas Infrastructure Europe (GIE)

    Official Associations
    http://www.gie.eu/

    Gas Infrastructure Europe (GIE) is an association representing the interests of European natural gas infrastructure operators active in natural gas transmission, storage and LNG regasification. GIE is a trusted partner of European institutions, regulatory bodies and industry stakeholders. It is based in Brussels, the heart of European policymaking. GIE currently represents 68 member companies from 25 countries.


    Cedigaz

    Official Associations
    http://www.cedigaz.org

    Cedigaz is an international association dedicated to natural gas information, created in 1961 by a group of international gas companies and the Institut Français du Pétrole (IFP Energies Nouvelles). It is based near Paris. Cedigaz has more than 150 members in 40 countries. Cedigaz' goals consist in gathering, compiling and analysing worldwide economical information on natural gas, LNG and unconventional gas in an exhaustive and critical way. The information that Cedigaz deals with touches on all activities and aspects of the gas industry (exploration, reserves, production and processing, transportation, trade, storage, distribution and consumption of natural gas). Cedigaz diffuses the information in its periodic bulletins, surveys and online databases.

    Holiday Inn Regents Park

    Carburton Street
    London W1W 5EE
    United Kingdom

    Holiday Inn Regents Park

    Choose the well-connected Holiday Inn London-Regent's Park hotel, with a superb central London location and speedy transport links. Holiday Inn London-Regent's Park is in a leafy and cosmopolitan area of central London, a 10-minute walk from bustling Oxford Street. Leave your car in our NCP managed underground car park, and explore London by Tube. Great Portland Street Tube station is 25 metres from the hotel, from where you can reach the City and Canary Wharf in 30 minutes, and London Heathrow Airport in 45 minutes.

    Wireless Internet is available throughout the hotel, and you can invite up to 300 people to events at the Academy Conference Centre, with an IT technician and break-out zones. Holiday Inn London-Regent's Park is a 10-minute walk from Santander's offices and businesses in the BT Tower. Stroll 5 minutes to Regent's Park, where you'll find London Zoo and pretty Primrose Hill. We're a 10-minute walk from Bond Street boutiques and 20 minutes from Buckingham Palace and cruises on the River Thames.

    Ask our Concierge to plan your day out and book West End theatre tickets. Room Service is available 24 hours at Holiday Inn London-Regent's Park, or dine in the vibrant Junction Restaurant. Our Junction Bar has a menu of light bites, and a hot breakfast buffet is served daily.

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    WHAT IS CPD?

    CPD stands for Continuing Professional Development’. It is essentially a philosophy, which maintains that in order to be effective, learning should be organised and structured. The most common definition is:

    ‘A commitment to structured skills and knowledge enhancement for Personal or Professional competence’

    CPD is a common requirement of individual membership with professional bodies and Institutes. Increasingly, employers also expect their staff to undertake regular CPD activities.

    Undertaken over a period of time, CPD ensures that educational qualifications do not become obsolete, and allows for best practice and professional standards to be upheld.

    CPD can be undertaken through a variety of learning activities including instructor led training courses, seminars and conferences, e:learning modules or structured reading.

    CPD AND PROFESSIONAL INSTITUTES

    There are approximately 470 institutes in the UK across all industry sectors, with a collective membership of circa 4 million professionals, and they all expect their members to undertake CPD.

    For some institutes undertaking CPD is mandatory e.g. accountancy and law, and linked to a licence to practice, for others it’s obligatory. By ensuring that their members undertake CPD, the professional bodies seek to ensure that professional standards, legislative awareness and ethical practices are maintained.

    CPD Schemes often run over the period of a year and the institutes generally provide online tools for their members to record and reflect on their CPD activities.

    TYPICAL CPD SCHEMES AND RECORDING OF CPD (CPD points and hours)

    Professional bodies and Institutes CPD schemes are either structured as ‘Input’ or ‘Output’ based.

    ‘Input’ based schemes list a precise number of CPD hours that individuals must achieve within a given time period. These schemes can also use different ‘currencies’ such as points, merits, units or credits, where an individual must accumulate the number required. These currencies are usually based on time i.e. 1 CPD point = 1 hour of learning.

    ‘Output’ based schemes are learner centred. They require individuals to set learning goals that align to professional competencies, or personal development objectives. These schemes also list different ways to achieve the learning goals e.g. training courses, seminars or e:learning, which enables an individual to complete their CPD through their preferred mode of learning.

    The majority of Input and Output based schemes actively encourage individuals to seek appropriate CPD activities independently.

    As a formal provider of CPD certified activities, SAE Media Group can provide an indication of the learning benefit gained and the typical completion. However, it is ultimately the responsibility of the delegate to evaluate their learning, and record it correctly in line with their professional body’s or employers requirements.

    GLOBAL CPD

    Increasingly, international and emerging markets are ‘professionalising’ their workforces and looking to the UK to benchmark educational standards. The undertaking of CPD is now increasingly expected of any individual employed within today’s global marketplace.

    CPD Certificates

    We can provide a certificate for all our accredited events. To request a CPD certificate for a conference , workshop, master classes you have attended please email events@saemediagroup.com

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    Contact SAE Media Group

    UK Office
    Opening Hours: 9.00 - 17.30 (local time)
    SAE Media Group , Ground Floor, India House, 45 Curlew Street, London, SE1 2ND, United Kingdom
    Tel: +44 (0) 20 7827 6000 Fax: +44 (0) 20 7827 6001
    Website: http://www.smgconferences.com Email: events@saemediagroup.com
    Registered in England - SMi Group Ltd trading as SAE Media Group




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