Emirates news agency – “ADNOC” hosts the sixth edition of the...

Emirates news agency – “ADNOC” hosts the sixth edition of the...
Emirates news agency – “ADNOC” hosts the sixth edition of the...

ABU DHABI, 7th November, WAM – More than 30 officials in the oil, gas and petrochemical sector around the world will participate in the sixth edition of the Abu Dhabi CEO Forum, hosted by the Abu Dhabi National Oil Company (ADNOC) on November 11th, to discuss the challenges and pressing issues facing the energy sector And how to enhance the resilience of the sector in the face of the repercussions of the Covid-19 pandemic, and the role of oil and gas in the future energy landscape shifts.

The forum – which provides a high-level dialogue on energy market dynamics and the recovery of the post-Corona economy – is held at the invitation of His Excellency Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, CEO of Abu Dhabi National Oil Company (ADNOC) and its group of companies. It is considered an exclusive and unique platform whose presence is limited. On the invitees.

The forum contributes to cementing Abu Dhabi’s position as a pivotal center for global dialogue in the sector, and its discussions take place according to the rules of “Chatham House” to enhance the transparency of the dialogue and enrich the high-level discussion on important topics and issues in the sector.

On this occasion, His Excellency Dr. Sultan bin Ahmed Al Jaber said: “In line with the vision of the wise leadership in the UAE to enhance dialogue and build bridges of communication with the international community, the Abu Dhabi CEO Forum is being held to provide an excellent platform for thought leaders and experts to review developments and dynamics in oil markets and global transformations in the energy sector. This year’s edition is especially important as the concerned parties follow the changes and developments in the oil market due to the new restrictions imposed by the Covid-19 pandemic and their reflection on the speed and sustainability of the economic recovery and the recovery of energy demand .. The forum will build on the outcomes and discussions that the event dealt with in its fifth edition. This enables us to share opinions and visions, especially with regard to ways to maintain business sustainability and competitiveness and enhance flexibility in light of these rapid changes in the energy scene.

Commenting on his participation in the Abu Dhabi CEO Forum, Darren Woods, Chairman and CEO of ExxonMobil, said: “I look forward to joining the Abu Dhabi CEO Forum, organized by ADNOC, to exchange views on issues facing the oil and gas industry. Very optimistic about the future of the sector .. Affordable energy will be essential to achieving global economic recovery, and the energy sector will remain essential for human growth and progress. ”

“I thank His Excellency Dr. Sultan Al-Jaber for inviting us to attend ADIPEC this year, and for all that he and the wonderful ADNOC team do … 2020 was a challenging year for everyone, including the energy sector,” said Bernard Looney, BP CEO. Although we will not meet face-to-face, I am happy that we can still come together virtually .. I am especially looking forward to joining our friends and partners in the Abu Dhabi CEO Forum, hearing how they are responding to current circumstances and learning from their experiences. ”

Vicky Hollub, President and CEO of Occidental, said: “I look forward to participating in the 6th Abu Dhabi CEO Forum, which will serve as an important platform for exchanging views on the important issues facing the energy sector … As we go through this difficult and exceptional period, the forum will provide An important opportunity for dialogue on strategies to recover from the effects of Covid as well as how to approach the issue of energy transition in the long term.

The panel discussion will be led by Dr. Daniel Yergin, Pulitzer Prize-winning global economist and Executive Vice President of IHS Market.

“The Abu Dhabi CEO Forum will address a very important issue, which is economic and material flexibility in the post-Covid stage,” Yergin said. “The global oil sector has shown remarkable flexibility by following up on operations smoothly and providing supplies to consumers around the world, in order to counter the effects of Covid. 19 – And to meet the demand, which decreased by only 10 percent this year, despite the closures witnessed by all countries.

Yergin, author of the book The New Map … Energy, Climate and the Conflict of Nations added: “This unique forum will provide an opportunity to discuss the upcoming challenges and bridge global viewpoints, especially at this stage in which we have to think about how to develop and implement flexible strategies and working methods for the sector that is trying to define dimensions. Energy Transition in the Post-Covid Period. ”

In addition to His Excellency Dr. Sultan Ahmed Al Jaber, participants in this event include Patrick Poyani, CEO of Total, Darren Woods, President and CEO of ExxonMobil, Bernard Looney, CEO of BP, and Claudio Descalzi, President Eni CEO, Mukesh Embani, Chairman and Managing Director of Reliance Industries Ltd., Takayuki Ueda, President and CEO of Inpex, Dai Huliang, Chairman of the China National Petroleum Corporation (CNPC), and Nasser Sawiris, CEO of the company. OCINV, Philip Boyso, CEO, Cepsa, Vicki Hulube, Chair and CEO, Occidental, Alfred Stern, CEO of Borealis, Vagit Alekperov, Chairman and CEO of LUKOIL, and Liu Weiging, Chairman Shenhua Board of Directors, Rainier Seeley, Chairman and CEO of OMV, Mario Mehren, Chairman and CEO of Wintershall DIA, and Lorenzo Simonelli, Chairman and CEO of OMV Baker Hughes, Wang Dongin, Chairman of China Sinoc Corporation, Partners Madhav Vidya, Chairman of the Board of Directors of Indian Oil Corporation, Louis Sierra, President and CEO of Nova Chemicals, Raoul Restucci, General Manager of Petroleum Development Oman, Tsutomu Sugimori, Chairman and CEO Enos Holding Group, Proskovia Nabanga, Chief Executive Officer of the Ugandan National Oil Company, Musabbah Al Kaabi, Chief Executive Officer of Petroleum and Petrochemicals at Mubadala Investment Company, Daoud Nassif, Chairman and CEO of Bahrain Petroleum Company, and Christian Coleman, Chairman and CEO of Evonic Industries, Martin Broderm Uller, CEO of BASF, Lord John Brown, President of L1 Energy, Hor Sai Hong, President and CEO, GS Caltex, John Kim, President and CEO, SK Innovation, and Hunter L. Hunt, CEO of Hunt Energy Uniform.

This virtual session of the Abu Dhabi CEO Forum in the Oil and Gas Sector is being held on the eve of the Abu Dhabi International Petroleum Conference “ADIPEC 2020”, which is held hypothetically this year, which is the most prominent and influential event in the oil and gas sector in the world.

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