3i Hosts Conference on Future of North Sea O&G Industry

The current state of the North Sea's oil and gas industry, and proposals for its future survival, will be discussed by the industry's leading figures at a conference organized by 3i, Europe's leading venture capital company, in Prague this week (Thursday and Friday, March 25 and 26).

A total of 110 delegates from throughout Europe will attend the conference, titled "The Role of Private Equity in the Oil and Gas Sector". The conference coincides with the launch of a milestone 6,000 word industry report commissioned by 3i in co-operation with the Economist Intelligence Unit entitled: "The Prospects for North Sea Oil and Gas Challenge and Opportunity in a Maturing Province".

Plenary sessions on subjects including 'Winning in the Next Decade' and 'Issues, Trends and Opportunities in the Oil and Gas Space' will be led by Professor Andy Andrews of the IESE Business School and Paul B Loyd Jr former chairman and CEO of R&B Falcon Corporation and current board member of Transocean Inc, Frontier Oil Corporation and Carrizo Oil & Gas Inc.