Terraoil CEO delivers speech at the SPE Upstream Finance and Investments Conference
6 February 2020
Peter Krempin, CEO of Terraoil Swiss AG, had been requested to take the opportunity to contribute in an international upstreamers panel organised by the Society of Petroleum Engineers (SPE) on 29 October 2019 in London.
Left/upper image kindly provided by SPE Upstream Finance and Investments Conference
Both petroleum and finance leaders addressed changing landscapes within the O&G (Oil & Gas) business. The main topic of the upstream Finance and Investments Conference was “How will the industry continue to add value?” whilst also focusing on topics such as how to position the oil and gas industry in a volatile price environment while achieving supply-demand balance, promoting technological growth and providing exploration investment.
Peter Krempin addressed some key issues such as actual M&A trends, the current and changing investment climate, sustainability and investments in energy development. High appreciation was expressed regarding his messages on the new vanguard of privately financed E&P (Exploration & Production) companies, as well as capital efficiency and technology.
On the Q&A panel, Peter Krempin elaborated on the challenge for O&G companies to meet steadily rising international benchmarks and explained how Terraoil settled these challenging requirements. Peter also stated that he is proud that Terraoil Swiss AG is on the verge of the final steps to getting the company listed in 2020 on an international stocks exchange.