Offshore Energy Conference

Business opportunities on the NCS

Adapting to changing market forces

Time: Wednesday 18. October 2023
Location: Hall C
Price: Free

The major challenges faced by the oil and gas industry are in terms of reducing costs, optimizing the performance of its industrial base assets, and enhancing its environmental footprint due to the rising global demand, highly fluctuating pricing, and increasingly stringent environmental regulations.

Throughout history, challenges like this have represented business opportunities for Norwegian petroleum suppliers. The Norwegian continental shelf has been a leader in implementing new innovative technologies that have later become important export items.

At the OTD Energy Conference, we look at the activity and business opportunities on the Norwegian continental shelf in the coming years. We invite operators, contractors and suppliers to present their thoughts and visions on further development of the shelf, and where the business opportunities lie ahead.

Conference programme

10.00 - 11.00

Welcome by moderator

Ulf Rosenberg, Energy Advisor

Short-term challenges and long-term opportunities

Global inflation, war in Ukraine, public pressure to scale back fossil fuel expansion and a weak Norwegian krone. These are some of the challenges facing the players in the Norwegian petroleum industry and the consequences are delays in several investment decisions. How does this affect Norway's largest petroleum player, what trends and level of activity does the company envisage on the NCS in the coming years.


The Petroleum Market

We are experiencing a petroleum industry with high activity and continued willingness to invest. At the same time, we are approaching development projects for offshore wind and other renewable technologies. What will the energy market look like in the next few years and how should the companies position themselves nationally and internationally?

Lars Eirik Nicolaisen, Senior Partner & Deputy CEO
Rystad Energy

Green Industries: We are developing the energy industry of tomorrow on the Norwegian Continental Shelf

The Norwegian turnover related to offshore wind, hydrogen and CCS was NOK 46 billion in 2021. The offshore industry's growth in green turnover has until now mainly been driven by activity in the offshore wind market, and 90 per cent of the income in 2021 came from exports and sales from Norwegian companies abroad. When will the domestic market arrive?

Benedicte Solaas, Director, Climate and Environment, Offshore Norge

11.00 - 12.00


The supplier industry chart new courses

Solve the unsolvable with engineered solutions

As the NCS is entering a more mature phase, new issues with aging assets in operational fields appear. Also the increasing demand to reduce emissions from petroleum production create new challenges for Norwegian operators and suppliers. Oceaneering will use engineering to tackle issues ranging from aging subsea installations to electrifying production with microgrids and offshore wind.


Next generation digitalization at Yggdrasil

Yggdrasil is the next major development on the Norwegian continental shelf with investments of 750 million dollars. Siemens Energy has been given the task of equipping the field with future digitization solutions. How will new high-tech solutions affect existing and new fields, what is Industry 4.0 and how can suppliers join the digitization race?

Edmund Knutsen, Digitalisation NOA Project, Siemens Energy






12.00 - 12.30


12.30 - 13.30


Thinking Outside the Box

AkerBP - The Yggdrasil Development








OTD Young

The Decarbonisation Challenge

Summary and closing

Ulf Rosenberg, Energy Advisor

Moderator: Linn Katrine Høie, CCO OpenHorizon AS

Vår Energi -  

Aker Solutions - 

UiS - 

Registration is free!

Sign up now to secure your spot – space is limited.

OTD ENERGY 2023 Stavanger

Exploring Energy, Technology and Sustainability.

Close to 500 exhibitors, 1,000 ENA meetings and several hundred professional lectures are planned across four exhibition halls in Stavanger.

Join us i Stavanger

Reserve your booth space for OTD ENERGY 2023 now!