• Date: 12 March 2013, 08:30 » 17:30
• Location: Hotel Bristol
• City: Oslo
• Country: Norway
• Website: Arctic Summit

EXPLORING CHALLENGES AND OPPORTUNITIES IN THE ARCTIC

DNV has joined forces with the Economist and invites you to the Arctic Summit 12 March in Oslo, Norway. 200 high-level participants will answer the questions; what to expect for trade, energy and the environment? What will the Arctic resemble in 2050? DNV asks if the Arctic risks can be managed?

As the Arctic ice-cap is melting, this resource-rich region is changing faster than anywhere on Earth.

Those states who have territory within the Arctic circle (the US, Canada, Denmark, Finland, Iceland, Norway, Russia and Sweden) understandably have a considerable interest in its future, but other countries are also turning their attentions to the Arctic.

Henrik O. Madsen, Group Chief Executive of DNV, says: “DNV suggests that in order to allow for commercial activity in the Arctic, the safety level must be equivalent to – or better than – the best performance in the industry today. Going into the Arctic requires something extraordinary. It is a balancing act, where risks should be managed in close cooperation between stakeholders. To achieve a responsible development there is also a need for improved technologies in addition to a transparent and holistic risk-based framework combined with a step-wise approach.”

Some key speakers:

• Espen Barth Eide, Minister of Foreign Affairs, Norway;
• Sergey Frank, President and Chief Executive Officer, Sovcomflot;
• Tom Paddon, President and Chief Executive Officer, Baffinland Iron Mines Corporation;
• Zhao Jun, Ambassador to Norway, Peoples Republic of China; Gustav Lind, Chair, Arctic Council.

Come visit us at our booth or listen to Henrik O. Madsen’s speech about the management of Arctic Risks.