In recent years a decline in production, ageing facilities, increasing operational costs and a drop in oil prices have been the reality for the oil and gas sector causing serious market adjustments.

Governments around the world are affected by the consequences of the lower oil revenues for public spending and increasing demand for more lenient terms, and companies across the entire value chain seek to reduce costs to levels matching the current situation.

The aim of this year’s summit is to examine what effects the market changes are having on the industry and what this means in regard to regulation, challenges and new possibilities.

At the summit we will discuss factors influencing the cost structure, which affects the future development in the oil and gas sector, and seek to find an answer to the question: What is the future for the Danish North Sea?