Abu Dhabi, UAE – Twenty-six of the world’s leading oil and gas sector leaders gathered in Abu Dhabi on Sunday, for a high-level industry forum focused on the evolving dynamics of the energy landscape, and the opportunities for hydrocarbon-produced energy to support global growth, today, and in the future.
His Highness, Sheikh Hamed bin Zayed Al Nahyan, chairman of the Abu Dhabi Crown Prince’s Court, met with the CEOs attending the third annual Abu Dhabi CEO Roundtable. The roundtable brought together senior executives, representing many of the world’s leading oil, gas and petrochemical companies. The exclusive, invitation-only event was hosted by H.E. Dr. Sultan Ahmed Al Jaber, UAE minister of state and ADNOC Group CEO.
The roundtable, held under the Chatham House Rule to encourage openness of discussion, focused on the critical role that oil and gas companies will play in enabling a step change in global growth, as the fourth industrial age unfolds. In particular, they focused on how advanced new technologies, such as artificial intelligence, predictive data and analytics, and blockchain will enable oil and gas companies to help meet the world’s growing energy needs.
H.E. Dr. Al Jaber said, “This important gathering underlined Abu Dhabi’s convening power as a global hub for the world’s oil, gas and petrochemical industries, and its position at the center of the conversation shaping the future of our industry. The Fourth Industrial Age will create many new opportunities for the oil and gas industry to contribute to growth and people’s prosperity, for decades to come. This roundtable was an important opportunity for us to share insights and perspectives on the future of our industry, and to deepen the understanding of the factors shaping the evolving energy landscape and how best to navigate them.”
In addition to H.E. Dr. Al Jaber, the roundtable was attended by Amin H. Al-Nasser, president and CEO, Saudi Aramco; Alfred Stern, CEO Borealis; Bob Dudley, Group chief executive, BP; Pedro Miro Roig, vice chairman and CEO, CEPSA; H.E. Mr. Wang Yilin, chairman, CNPC; Claudio Descalzi, CEO, ENI; Hunter L. Hunt, president, Hunt Consolidated Energy; Sanjiv Singh, CEO, Indian Oil Company; Takayuki Ueda, president and CEO, INPEX: Tsutomu Sugimori, president, JXTG Holdings (JX-Nippon Oil and Gas Exploration); Dr. Vagit U. Alekperov, president, LUKOIL; Musabbeh Al Kaabi, CEO Petroleum and Petrochemicals, Mubadala Investment Company; Todd Karran, president and CEO, Nova Chemicals; Dr. Rainer Seele, Chairman and CEO, OMV; Vicki A. Hollub, President and CEO, OXY; Dr. Antonio Costa Silva, chairman of the management commission, Partex; Carlos Trevino, CEO, PEMEX; Tan Sri Wan Zulkiflee Wan Ariffin, president and Group CEO, Petronas; Patrick Pouyanné, chairman of the board and CEO, Total; Ben van Beurden, CEO, Royal Dutch Shell and Raoul Restucci, managing director, Petroleum Development Oman: Dr. Josephine Wapakabulo, CEO, Uganda National Oil Company; Nassef Sawiris, CEO, OCI: Kim Jun, president and CEO of SK Innovation and Dr. Carlos Saturnino Guerra Sousa e Olivera, chairman and CEO, Sonangol Group.
The roundtable was moderated by Dr. Daniel Yergin, vice chairman of IHS Markit. “The Abu Dhabi CEO Roundtable provides a unique opportunity to discuss with leaders from around the world key issues and trends that will shape the future of the oil and gas industry and world energy,” he said.
“This year focused on the impact of technology and digitalization, which has accelerated since 2014, and the different strategies and different ways it is being deployed. We also explored important emerging issues and trends, including those around ESG reporting. The global nature of the roundtable, convened by Abu Dhabi, enables us to bring together and learn from perspectives from different parts of the world.”
The Abu Dhabi CEOs Roundtable took place on the eve of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2018, one of the world’s largest and most influential events for the global oil and gas industry, which opened at the Abu Dhabi National Exhibition Centre on Monday.