Contrary to some opinions, the current energy crisis has escalated, not derailed industry efforts to tackle climate change and deliver upon energy transition commitments. Indeed, the challenging geopolitical environment and energy crisis has highlighted the weaknesses of today’s global energy system.

These market disruptions and increasingly demanding consumer behaviours are defining a new downstream
ecosystem, one that is circular, more energy efficient, focused upon decarbonisation and the deployment of
low-carbon technologies across its processes, and evaluating a shift to renewable feedstocks such as solar and wind to reduce costs, cut down on feedstock emissions and free up valuable gas resources for export.

Attendee insights

A valuable discussion detailing how to build a winning downstream portfolio through asset choices that capture hydrocarbons value whilst focused upon decarbonisation and embrace renewables and alternative fuel sources such as hydrogen in the feedstock value chain.

A candid conversation on the opportunity of gas for the African continent. Insights into its potential, the key drivers, the immediate barriers and solutions of developing natural gas value-chains in Africa to address energy poverty and climate change.

The conversation will explore how governments and the African industry can spur development and play a role in delivering a secure and sustainable energy future for the continent, paving the way for a just African energy transition.

Gas and LNG flows have shifted significantly since the start of the Ukraine invasion and the West’s unprecedented sanctions against Russia, creating a global scramble for gas and a significantly changed energy trading map across all major markets, not just emerging.

With gas and LNG markets expected to remain tight into 2023, continued soaring global trade prices and 2022/23 winter months approaching, there is renewed urgency to secure affordable supplies. The question is, where is it coming from and how quickly can it be exported?

Attendee insights

A deep dive into the current global trading environment and the likely outcomes in terms of short to mid-term pricing, continued disrupted trade flows and infrastructure and supply chain challenges, plus European vs Asian demands on what is ultimately the same gas and LNG supply pool.

The energy industry is at a moment of change. Energy security is dictating the need for optionality in energy sources to make a practical and successful transition, including in the short-term fossil fuels with natural gas, albeit abated, gaining increased recognition as a bridging fuel to net-zero ambitions.

COP27 in Egypt has been of great significance on how the industry moves forward and decarbonises its operations. At the same time, major economies looking to diversify their energy dependence are building momentum for new generation energy solutions such as the Inflation Reduction Act in the US and the REPowerEU package in Europe. These initiatives are creating positive changes across economies and businesses.

Pivoting from traditional oil and gas operations to new generation energy solutions requires companies to embrace and reinvent their business models, making tough choices on how and where they focus, bringing forward the need for transparent and action-orientated leadership.

Attendee insights

As insightful leadership discussion driven by the need for change. Panelists will share insights on how they are changing their business models and making tough asset portfolio choices to bring forward transition, stability and security amidst global disruptions.

With the recent announcement of a significant gas discovery in the Nargis Block Offshore Egypt, which adds
considerably to the company’s already significant gas resources in the Eastern Mediterranean, this exclusive
conversation provides the opportunity to gain first-hand insights on the potential of the Nargis discovery.

The conversation will also focus on the importance of natural gas in supporting energy security and its role in the energy transition. Plus how this super major’s lower carbon strategy is helping balance its traditional portfolio with an increasing focus on more climate conscious energies.

The compelling reality of the global energy transition is that oil and gas demand will not evaporate anytime soon. However, this makes it no less critical that businesses continue to drive transformation across their operations, adopting an innovative low-carbon agenda that embraces technology to reduce emissions and produce more but with a lower, more sustainable carbon footprint.

CCUS, methane reduction, flare recovery and reinjection, low-carbon hydrogen and energy management and
efficiency are crucial areas where efforts are being expanded to increase momentum and advance decarbonisation across the oil and gas value chain.

To accelerate actions globally, policymakers, operators, service providers and technology developers must ensure access to funding is available and affordable and that supporting infrastructure and build-out are in place.

Attendee insights

An important discussion highlighting the latest innovations and tech being deployed to support decarbonisation efforts and the necessity for access to oil and gas investment. Plus, panel reactions to the question – what more can be done to meet the 1.5°C pathway by mid-century?

Having gone from a gas importer to exporter in a relatively short period of time, Egypt continues its transformation at speed. At the heart of its success is the unwavering support of its government, plus an ethos of collaboration and strong partnerships to derive stability for its economy, prosperity for its people, sustainability for its oil and gas resources and transition for its energy future.

As hosts of COP27, Egypt drove a unified voice for Africa’s energy transition. Pushing natural gas as the transitional fuel of choice, calling for access to continued investment and funding allocation for oil and gas and championing access to energy for all, to alleviate energy poverty across African continents.

Egypt’s role in the region and industry are significant. This year alone, international partners have signed 16 exploration agreements and another 15 for 2023. Investments and expectations are high. Ability to fast-track from discovery to onstream remains a core component of Egypt’s attractiveness, helping to gain significant market influence globally at a time when energy security uncertainties continue.

Attendee insights:

This key interview will explore how Egypt is transitioning from a regional to international player on the global energy map. Its renewed focus on becoming an energy trading hub, supplying gas to the EU through regional cooperation with EMGF member countries. Its continued voice for Africa’s energy transition and access to funding. And its steadfast commitment to its international partners to collaborate to decarbonise the industry.