Held Under The Patronage Of The Ministry Of Oil And Gas Sultanate Of Oman Date: TBC
New Dynamics in Sustainable Oil and Gas: Investment, Opportunities & Cooperation Since its launch, Oil And Gas West Asia (OGWA) has the patronage from the Ministry of Oil & Gas, Petroleum Development Oman (PDO), Oman LNG and other leading local companies. OGWA Forum takes place in conjunction with the industry renowned OGWA exhibition in Muscat, Oman C-level and dialogue driven. Focuses on regional cooperation & logistics, pricing and market policies in a low carbon intensive era. The OGWA Forum is the key platform for exclusive dialogue between the region’s NOCs and IOCs. The industry’s policy makers and the brightest and best in oil and gas will define the direction of an optimised and integrated energy market.
OGWA’s Elite Speaker & Advisory Faculty Include: Raoul Restucci Managing Director Petroleum Development Oman (PDO) Oman
Fareed Al-Asaly Head Of G-20 Energy And WTO Groups, Ministry Of Petroleum And Mineral Resources, KSA Awwad A Alharthi Planning Consultant Saudi Aramco KSA
Yousuf Al-Ojaili Chief Executive Officer Oman Gas Co. SAOC Oman Badr Jafar President Crescent Petroleum UAE
Ivano Ivanelli CEO Dubai Carbon Centre Of Excellence UAE
Robin Mills Head of Consulting Manaar Energy UAE Vahid Fotuhi Solar Director - Middle East and North Africa BP UAE
Zaid Khamis Al-Siyabi Director General of Oil & Gas Exploration & Production, Ministry of Oil & Gas, Oman
Mohammad Husain CEO Equate Kuwait
Organiser
Co-organiser
Mohamed Al-Harthy CEO OPAL Oman
Tim Fox Head of Research & Chief Economist Emirates NBD UAE Maktoom Rashid AlMatani, GM – Engineering & Technical Services Oman Gas Co. SAOC Oman
Why OGWA Forum Is The Only Oil And Gas Forum To Attend! ✓ Designed for C-levels, MDs, GMs and Senior Managers shaping the petroleum sector in West Asia ✓ Special focus on regional cooperation and logistics, pricing and market policies in a low carbon intensive era ✓ Covers the entire oil and gas value chain at a strategic level ✓ Creates an integrated energy market that delivers a winwin situation for suppliers and consumers ✓ Delivers crucial management strategies affecting energy leaders in the region ✓ Opportunity for off the record dialogue and exclusive exchange
Salim Al Sibani CEO Oman Oil Company Exploration and Production L.L.C, Oman
Gong Changli CEO Daleel Petroleum Oman
Jonathan Evans General Manager BP Oman Steven Griffiths, Executive Director of Institute Initiatives, Masdar Institute of Science and Technology, UAE
Musab Al Mahruqi Chief Executive Officer Oman Oil Refineries and Petroleum Industries Company, Oman
David Grassick Country Manager DNO International Oman Robert Smith Principal Consultant FACTS Global Energy UAE
Critical Topic Highlights:
TO FIND OUT MORE: VISIT: WWW.OGWAFORUM.COM CALL: +971 4 335 2437 EMAIL: REGISTER@IIRME.COM Media Partners
www.ogwaforum.com
Global economic impacts and political outlook: oil prices, European sovereign debt crisis and Arab Spring threats to business as usual models Domestic pricing perspectives and policies: a key variable in sustainable upstream investment? How can the region focus its efforts to in moving to market pricing and encourage the development of new resources? Oil and gas logistics: prospects for a fully integrated intra-region oil and gas trade. What does the region need to be ready for an integrated oil and gas network? Balancing stake-holder needs in cross-border pipelines Gas utilisation debate: mitigating the competing needs of gas intensive industries and how best to add value across the chain
1 Min Q&A With OGWA’s Leaders And CEOs What To Expect: Your Sneak Peek Dialogue For OGWA Forum 2012 We asked a selection of OGWA’s elite about the immediate challenges facing the region and just what is keeping its energy leaders awake at night. The below is a brief taster into the topics up for discussion at OGWA Forum 2012.
What keeps the regions energy leaders awake at night? Carbon markets post 2012…. In the current climate, it is impossible to see increased expenditures for environmentally advanced projects without a sound financial model. The Eurozone turmoil is controlling the bulk of emission reduction demand, and as a result I am working on designing new market based systems that are less dependent on EU and more fit for the GCC’s business approach. Ivano Ivanelli CEO Dubai Carbon Centre Of Excellence UAE Security of supply of energy to our stakeholders. Our sector is vulnerable to: Geopolitics: causing fluctuation to oil price and logistics Safety aspects: which are partly inherent to our operation and partly external Financial Markets: affecting the cost of goods and services. Zaid Khamis Al-Siyabi Director General of Oil & Gas Exploration & Production Ministry of Oil & Gas, Oman
Providing cheap, efficient energy resources and development of local industries and manpower. Yousuf Al-Ojaili Chief Executive Officer Oman Gas Company Oman We live in a rapidly accelerating world that has profoundly changed over the last decade – the US shale gas miracle that has changed the face of the global LNG trade, the rise of China and Russia, events in Japan and in our region and the oil price is establishing one record after another. Our biggest challenges are to address the energy needs of seven billion people on this planet, regulatory obstacles and to tackle climate change. The last ten years will probably be remembered for the speed with which long held assumptions about the energy sector have been challenged. I frequently repeat to myself what Henry Ford said about the invention of cars : “If I had asked people what they wanted, they would have said faster horses” and ask what is it that we can create to address our challenges efficiently and to change our sector for the better. Badr Jafar President Crescent Petroleum UAE
How can it be overcome? Diversification. The overall oil and gas culture is rather conservative, but there is a wealth of knowledge that can be utilised to develop new processes and activities in line with the evolving socio-environmental profile. Ivano Ivanelli, CEO, Dubai Carbon Centre Of Excellence, UAE In my view, we need to create an integrated energy market that will serve a win-win situation for both suppliers and consumers. Zaid Khamis Al-Siyabi, Director General of Oil & Gas Exploration & Production, Ministry of Oil & Gas, Oman As much as possible exploration of local gas resources, even at higher costs. Yousuf Al-Ojaili, Chief Executive Officer, Oman Gas Company, Oman
There is no magic recipe. Just like in nature, evolution happens sporadically and unpredictably: those who fail to embrace innovation and adaptability will disappear in the end. Only by ensuring that we drive innovative thinking and progress in this generation can we hope to improve our position and that of the next generation. What can better demonstrate this point than the recent rise of shale gas in the US and the wider LNG revolution? The private sector and the entrepreneurial spirit created the shale gas revolution in the US, and we could all learn from this example. Badr Jafar, President, Crescent Petroleum, UAE
What is the most critical challenge facing West Asia’s oil and gas industry? As the value increases, new fields become economically viable. There is a large focus on technology as a means to further improve the process and a cultural shift towards fuel sources less GHG intensive. Ivano Ivanelli, CEO, Dubai Carbon Centre Of Excellence, UAE There are different challenges for different blocks of West Asia. When it comes to energy issues, some have issue with security of energy supply, while others have security of demand for energy. Zaid Khamis Al-Siyabi, Director General of Oil & Gas Exploration & Production, Ministry of Oil & Gas, Oman Increase demand for gas, while gas prices in the region are on the rise. Yousuf Al-Ojaili, Chief Executive Officer, Oman Gas Company, Oman
We all know that life is not perfect and though we as an industry have changed the face of West Asian – and the global – energy sector, there are still some substantial challenges ahead of us. Even now we live amid ongoing socio-political tension in West Asia which will undoubtedly have wider implications for many of us. The challenge is to demonstrate to the world how we made our resource base serve the balanced, diversified and sustainable development of our region for generations to come. We have been blessed with an enormous reserve base and, as wise people say, with great power comes great responsibility. It is our task to ensure that we use our unrivalled position in the energy sector wisely and show other energy players how they can avoid the “oil curse” that continues to plague some of our peers in other regions – to counter the view that a great resource base is a handicap against having a diversified economy. Badr Jafar, President, Crescent Petroleum, UAE
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How can the region best focus its efforts to encourage the development pace of new resources? First, the current system of subsidies for energy products in the region has a hugely distorting effect. One of the best ways to encourage new production and ensure it is more efficiently used is to price gas and oil products at market rates. Current sales prices are often below the cost of production so developing new resources is slower than desired. Despite the upfront cost of removing subsidies to consumers the economic benefits would quickly flow back and ensure that society is better off. Second, our region is dominated by NOCs but perhaps a more substantial involvement of private sector could also increase the number of stakeholders in the region and help pushing the energy agenda to less explored and more innovative frontiers. The shale gas phenomenon in the US was driven this way; smaller independents showed the sector a new direction and the majors and others then followed. Lastly, we probably need more pipeline infrastructure, as indicated by recent debates concerning the Straits of Hormuz and projects involving various pipeline projects to take gas to Europe from the Caspian region and Russia. The more interconnected, competitive and open market West Asia’s energy system the more likely it is to grow and robustly respond to the changing international energy landscape. Badr Jafar, President, Crescent Petroleum, UAE
Rather than focusing on production, demand side activities are now seen as a more reliable approach. Ivano Ivanelli, CEO, Dubai Carbon Centre Of Excellence, UAE
The ME holds the biggest resource holders of both oil and gas. The region should work on the above-cited issues to increase its share and fast. Moreover, the demand for better standards of living and employment opportunities will trigger a leap of increase in local consumption. Zaid Khamis Al-Siyabi, Director General of Oil & Gas Exploration & Production, Ministry of Oil & Gas, Oman There has to be more local gas based developments and less exports of raw gas. The region is facing challenges in employment of its local population and the only way to attack this problem is by developing local job opportunities. Yousuf Al-Ojaili, Chief Executive Officer, Oman Gas Company, Oman
What is at the top of your to do list? Safety of people and operations. To structure an economic model where I can demonstrate the economic viability and dependency of aviation allowances to other industries such as oil and gas, energy and industry.
Zaid Khamis Al-Siyabi, Director General of Oil & Gas Exploration & Production, Ministry of Oil & Gas, Oman Opportunities in the gas value chain and how to capitalise on them.
Ivano Ivanelli, CEO, Dubai Carbon Centre Of Excellence, UAE
Yousuf Al-Ojaili, Chief Executive Officer, Oman Gas Company, Oman
Don’t miss your chance to ask the region’s top CEOs about their plans and strategies affecting the entire oil and gas value chain in Muscat in April!
Why Attend OGWA? Benefits: Do business with leaders from major NOCs, IOCs and government Be the first to discover the latest investment opportunities in Oman Be privy to exclusive C-level dialogue exchange with CEOs across critical topics impacting the region’s oil and gas sector in 2012 Understand the key macroeconomic, political scenarios and get essential data on how they will force you to change the way you do business Hear first hand from government and leading industry practitioners and get advanced notice of their next moves Stay ahead of the curve with the latest developments in complex projects, technology and strategy
Shape your approach to respond to future supply, demand, future trade, pricing and policy outlooks Actions: Learn from industry decision makers and influencers invited for their experience and knowledge Build relationships with your buyers and know what they want from you and the hydrocarbon industry Network, network, network: harness business opportunities with an exclusive gathering of NOCs, IOCs and country policy makers Take Action: make an immediate impact on your organisation by understanding the critical changes to evolve your strategy to respond swiftly and flexibly to new dynamics in oil and gas
Who Should Attend? Governments and market policy makers National and international oil and gas companies
Oil and gas distributors Refineries
Petrochemical companies Service and technology providers
Who You’ll Do Business With? C-Levels: CEO, COO, CTO, Presidents, MDs, GMs, Vice President, Heads of and Directors of
Technology E&P Downstream Refining
Distribution Production Operations Planning
Partnerships and JVs Legal Counsel Business Development
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MAIN FORUM DAY ONE 10.50-11.20 Morning Networking Break & Opportunity
9.00-9.10
11.20-12.00 Conditions for Sustainable Upstream Investment: Domestic Pricing Policies A Key Variable? Low fuel prices are a challenge for sustainable energy production in West Asia and do not encourage optimal development of reserves. The Middle East holds 40% of the world’s gas reserves but is currently only producing 14%. Demand for petroleum products are also increasing in all sectors and demand from exports and domestic consumption will continue to increase, requiring the region to ramp up its production capacity of oil and gas.
Opening Remarks From the Conference Chairman State Of The Industry
Global Economy
9.10-9.40 Global Economic Impacts And Political Outlook For West Asia •• What impact will the European sovereign debt crisis and the slowdown in global growth have the region? •• What is the outlook for oil prices and how will this affect GCC economies?
Hot Topic
8.30-9.00 Registration & Morning Coffee
•• What are the challenges and opportunities arising from GCC diversification efforts?
•• Moving to market prices: how can the region focus efforts to address low pricing and encourage the development of new resources?
•• What threats do regional geopolitics pose to the economic outlook and business as usual?
•• What are the main impediments to this and how can they be overcome?
Tim Fox, Head of Research & Chief Economist, Emirates NBD, UAE
•• What is the level of investment required to close the demand gap?
9.40-10.30 World Hydrocarbon Markets Outlook Supply Demand Balances: Demand Growth, Next Supply Frontiers And The Reliability Of Oil & Gas As A Source Of Energy With new discoveries and international developments in the oil and gas industry, and increased production prospects in many countries including oil (Brazil, Canada) and shale gas (US, China, Australia), oil and gas is here to stay for the foreseeable future. If production continues at the current economically attractive levels, will there be ample supply to satisfy demand? •• What is the most accurate estimate of available oil and gas from both conventional and non-conventional sources, and how does this compare to volume consumed during the past 100 years? •• What is the time span for depending on oil & gas, given the new discoveries and continuously improving technology at both producing and consuming ends? •• In light of new discoveries, how will the flow of investments and the map of supply and demand change? •• What will be the degree of substitution among hydrocarbons in the foreseeable future as CCS and other environment friendly projects expand? •• Supply-demand risks: are the risks on the demand or the supply side? Discussion Leaders: Gong Changli, CEO, Daleel Petroleum, Oman Salim Al Sibani, CEO, Oman Oil Company Exploration and Production L.L.C, Oman Opportunities And Investment 10.30-10.50 Domestic Gas Pricing Perspectives: High Enough To Attract Investors, Low Enough For Consumers •• Challenges and outlook for domestic gas prices over the coming years, will prices increase? •• What is the right gas price to justify upstream projects while sustaining downstream viability? •• Prospects for regional pricing policies, energy market and tariff co-operation
Moderator: Robin Mills, Head of Consulting, Manaar Energy, UAE Discussion Leaders: Zaid Khamis Al-Siyabi, Director General of Oil & Gas Exploration & Production, Ministry of Oil & Gas, Oman Badr Jafar, President, Crescent Petroleum, UAE Ivano Ivanelli, CEO, Dubai Carbon Centre Of Excellence, UAE David Grassick, Country Manager, DNO International, Oman 12.00-12.40 Non – Conventional Realities: Regional Potential Of Non- Conventionals And Development Pace In a high price environment, more attention is being focused on the development of more costly sources of natural gas and heavier crude oil previously considered too difficult to bring to market. Vast amounts of unconventional reserves remain untapped today and only a small percentage is currently under development. With real gas supply shortages facing most of West Asia states, which countries are seriously pursuing the development of non-conventional resources and what are the prospects? •• Exploring the regional potential and current development pace of shale gas, deep unconventional, tight gas, sour gas, heavy crude and even methane hydrates, what are the prospects? •• Do non-conventional gas reserves have the potential to under-pin regional domestic supply? •• What are the recent projects in the region to commercialise such resources in an efficient and environmentally-friendly way? •• Understanding the technological challenges facing the development of unconventional resources in West Asia region, what is needed? •• Understanding non-conventional economics: at what price can it be produced on a commercial scale? Discussion Leaders: Yousuf Al-Ojaili, Chief Executive Officer, Oman Gas Company, Oman Jonathan Evans, General Manager, BP, Oman
Robin Mills, Head of Consulting, Manaar Energy, UAE
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12.40-13.20 Oil And Gas Logistics Extended Session Prospects For A Fully Integrated Intra-region Oil And Gas Trade A regional oil and gas network would provide flexibility for trade governed by market fundamentals, economies of scale, act as a driver for expensive unconventional and stranded gas projects, and increase upstream and downstream integration potential.
15.40-16.00 Unlocking Talent Potential In The Region: Ramping Up The Industry To Create Long-Term Opportunities Across The Entire Oil And Gas Value Chain Business needs are increasingly dynamic, requiring engineering, IT, economics, and even HR skills. The international industry is facing exciting challenges that present great opportunities for its most important asset – its people. Despite regional ambitions, West Asia relies too much on imported labour. A better cooperation is required between the industry and academia to develop the new generation for the oil & gas industry.
•• Can a fully integrated, intra-region oil and gas trade be established and what are the challenges? •• What does the region need to be ready for an integrated gas, LNG and oil network?
Industry Assets
New Approaches And Collaboration For Industry And People
Regional Cooperation
Regional Cooperation And Integration
•• Prospects for regional cooperation and integration of up and downstream industries
•• Gearing up the industry together with local services and suppliers through training, development and best practice sharing. How will the private sector support technical expansion and vision? •• Sharing PDO’s internal developments in recruitment, training and mapping out the full delivery of services
•• Will geopolitics prevent logistical comparative advantage within a region and across regions and what will be the required solutions?
•• An academic perspective: how can combined R&D efforts be better built in the region?
Discussion Leaders: Yousuf Al-Ojaili, Chief Executive Officer, Oman Gas Company, Oman
•• What is the short and medium term impact of workforce nationalisation on the industry?
Mohammad Husain, CEO, Equate, Kuwait
Moderator:
13.20-14.20 Lunch And Networking Opportunity
Raed B Kayrat, Head of Industry Collaboration Program, King Abdullah University of Science and Technology, KSA
14.20-14.50 Challenges Facing Cross-border Pipelines: Balancing Stake-Holder Needs Reliability and energy security continues to move up the political agenda for importing nations, supply countries are looking for access to long term deals and transit countries are looking for an acceptable return on the use of their territory. In light of no mandatory requirements infringing on the sovereignty with respect to contractual agreements on pipelines, are the limitations political, economic, or security-related?
Discussion Leaders:
•• What are the main constraints in cross-border pipelines and why aren’t more regional pipelines coming to fruition?
Mohamed Al-Harthy, CEO, OPAL, Oman Raoul Restucci, CEO, PDO, Oman 16.00-16.40 Defining New Engagement With Stakeholders For Increasingly Complex Projects As the maturity and complexity of new projects increase, contracting requires a thorough approach to collaboration with stakeholders. As new portfolios are entered which are less commercially attractive, pricing and complexity requires mutual defining and understanding to maintain alignment for all parties. •• Aligning mind-set and scope of definition from the outset with all stakeholders
•• How can such limitations be overcome? •• Is there an argument for regional LNG over piped gas? What is the development potential of pipelines vs. LNG?
•• Governments setting helpful policies that consider risk mitigation, operators considering long term capacity engagement with service providers, service providers forming part of scope of definition
•• What can be learnt from transnational pipeline successes?
•• Is the market positioned for the next wave of technological, environmental and economic challenges required for capacity and process building? What are the gaps?
•• Do non-governmental organisations have to be involved?
Hot Topic
14.50-15.20 Regional Oil Transportation And Geopolitics: What Are The Options And How Can Such Solutions Be Achieved? Transportation of oil is mostly dependant on the maritime international passage of Strait of Hormuz, an area of complex geopolitical risks.
•• Reviewing the impact of distribution in service contracts in the region in staying competitive and moving the industry forward Discussion Leaders:
•• What are the economic ramifications and costs at the regional and global levels should the Strait of Hormuz be closed?
Mohamed Al-Harthy, CEO, OPAL
•• Would it matter given the fact that the world can sustain its functionality for approximately 100 days?
Zaid Khamis Al-Siyabi, Director General of Oil & Gas Exploration & Production, Ministry of Oil & Gas, Oman
•• Pirate activities have increased in recent years, will there be an international efforts to eliminate such activities and ensure flow safety?
Salim Al Sibani, CEO, Oman Oil Company Exploration and Production L.L.C., Oman
17.10pm 17.20pm
Closing Remarks From The Chairman Close of Conference Day
•• What are the legal positions under the international law? David Grassick, Country Manager, DNO International, Oman 15.20-15.40 Afternoon Refreshments And Networking
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MAIN FORUM DAY TWO 8.30-9.00 Registration & Morning Coffee 9.00-9.10
•• Have dialogues between producers and consumers been productive so far?
Opening Remarks From the Conference Chairman
•• To what extent have these policies impacted standard of living and ways of life due to artificial prices?
Clean Energy And Market Policy Cooperation
•• Some international pressures are calling for elimination of taxes and subsidies incentives to energy, regardless of the type. Should this be the way to reach the most desirable sources of energy? •• Which West Asian countries are in serious pursuit of solar projects and what are their challenges and implementation mechanisms? •• Will renewable projects ever be competitive to conventional power generation costs? •• At what base should alternatives grow in the region given the ample supply of oil and gas, relatively low cost of production and current economic value of natural resources? •• Starting with energy efficiency – the low hanging fruit: how would increasing efficiency impact the energy mix in the future and will non-fossil fuel share shrink? •• Exploring different scenarios for the 2050 energy mix, how would a shift from financial incentives to stringent products specifications and consumers wants change the picture? Moderator: Steven Griffiths, Executive Director of Institute Initiatives, Masdar Institute of Science and Technology, UAE Discussion Leaders: Fareed Al-Asaly, Head Of G-20 Energy And WTO Groups, Ministry Of Petroleum And Mineral Resources, KSA Ivano Ivanelli, CEO, Dubai Carbon Centre Of Excellence, UAE Badr Jafar, President, Crescent Petroleum, UAE Vahid Fotuhi, Solar Director - Middle East and North Africa, BP, UAE
•• What would be the implications and response to stringent policies imposed on clean product specifications to meet clean standards, where the costs are passed to the buyers, with elimination of taxes/ subsidies incentives? •• Would economics and end users then decide which energy sources are competitive? •• As consumption patterns shift to Asia while the demand in the West declines, are more stringent policies expected in the West? What about the main consumer countries? 10.40-11.10 Morning Networking Break & Opportunity Oil And Gas Downstream: Creating Added Value And Sustainable Growth 11.10-11.50 Gas Utilisation Debate: Mitigating The Competing Needs Of Gas intensive Industries And How Best To Add Value Across the Chain Demand for natural gas is surging ahead and the demand supply in many West Asian countries will only increase. There are growing applications of natural gas, including GTL, CNG and gas for petrochemicals, Oman and it’s neighbours will likely face tough decisions over export, imports and use of gas. Qatar is converting gas to liquids and looking to divert gas to its domestic industry, while others are still flaring or using gas to enhance oil recovery. This session will evaluate the best uses of gas to stimulate the economy and add value through the chain.
Hot Topic
9.10-10.00 ‘Alternative’ Energy Sources: A Larger Role Than Complementary? Alternative energy sources have gained rapid market share around the world and most countries in West Asia are considering their application, relieving natural gas for other usage than power generation. However the economic downturn has shown funding for renewable sources of energy are difficult to sustain where subsidy incentives have been slashed or eliminated and production costs exceed the already uneconomical sources of energy. In addition energy efficiency is an ‘alternative’ market driven policy relating to product specification mechanisms and energy demand side over subsidy incentives or alternative energy sources. In light of the new oil and gas availability and global pressure for increased efficiency, is there a larger role than a complementary one for these alternative sources? How can fossil fuels and alternative energy applications best complement each other in providing sustainable energy in the future?
•• How can gas consumption best be managed: export, creating gas using industries and which ones (those with higher employment potential or more profitability) or power production? •• Mitigating the needs of gas intensive industries: choosing products that add domestic value through diversification of higher market value? •• What are the potential commercial solutions for stranded gas? •• Which sectors will be suitable for non-conventional supply? Discussion Leaders: Jonathan Evans, General Manager, BP, Oman Maktoom Rashid Al-Matani, GM – Engineering & Technical Services, Oman Gas Co. SAOC, Oman Musab Al Mahrouqi, CEO, Oman Oil Refineries and Petrochemical Industries, Oman Mohammad Husain, CEO, Equate, Kuwait
Market Policies
10.00-10.40 Taxation And Subsidy Elimination 30,000 Feet View: Implications And Response To Policies Imposed on Clean Products Where The Costs Are Passed To The Buyer Taxation and subsidy policies have taken many forms, but how effective are they in reducing demand growth, environmental impact and finding a common ground between producers and consumers? What is the effectiveness of policies in relation to product quality and the willingness of the buyer to pay.
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11.50-12.20 Reshaping Refining Economics And Adapting To New Refinery Demands As the global energy mix changes, conventional hydrocarbons deplete and the world pursues heavier oil options, future refining will need to be flexible. Refining will have to adapt to processing heavier oils with high sulphur content as well as delivering higher-quality fuels and bridging changes in demand growth and demand of fuels. •• Staying in business: sustaining mandates for local supply against tough refining margins and market volatility •• What are the best strategies for continuous investment and mitigation efforts to keep up with the required quality of refined product? •• Will tight specifications to final products optimise refining operations if full cost is passed on to the buyers? •• Coping with the natural imbalance in growth and demand, can market forces given quality of end products reduce and control the increase in demand •• What importation efforts have been made to mix feedstock and offset the affect of different fuels? •• Is there a new imperative for product diversification and expanding to unknown markets? Robert Smith, Principal Consultant, FACTS Global Energy, UAE Musab Al Mahrouqi, CEO, Oman Oil Refineries and
Petrochemical Industries, Oman 12.20-13.00 NOC-IOC Cooperation In The Refining Industry: Given The Reserves Of Oil And Gas At Hand - Is Technology Ready? •• What type of refining configuration is needed to produce the required environmentally friendly final products? What will be the additional cost? •• NOC-IOC cooperation: market relations and stimulating investment in the downstream industry, do we expect to see more cooperation reflected in current projects? •• Can current refining capacity be useful in producing cleaner energy or are new investments needed in order to meet stringent environmental policies? Where will new refining occur and how will changing refining configuration by region change the map of the world demand and supply of petroleum products? •• Exploring technology to: Support larger scale of production swings through the refining process Convert current petroleum products to petrochemical based final products should demand for such products decline due to efficiency and better alternatives Robert Smith, Principal Consultant, FACTS Global Energy, UAE 13.00-14.00 Lunch And Networking 14.00 Close of OGWA Forum And Opportunity To Visit OGWA Exhibition
Partnership, Sponsorship & Exhibition Opportunities OGWA is the biggest event in Oman for the region’s oil and gas industry and represents the entire hydrocarbon value chain. The OGWA Forum brings the elite stakeholders of this important event together in one place at one time. OGWA Forum is designed for C-levels and senior energy leaders, gathering you key clients. You’ll be face to face with key decision makers, policy makers and experts from leading oil and gas companies from the West Asia region. Don’t miss your opportunity to rub shoulders with this elite group. It’s an unrivalled chance to promote your expertise and solutions to immediate decision makers. As business conference experts we know how to best use events to promote, develop and generate business for you. We offer a range of tailored packages. If you have any questions, whether general or specific, we would be happy to help you to answer them. Contact Arshed Hussain on Tel: +971 4 407 2715 Cell: +971 50 559 3922 or email: sponsorship@iirme.com to discuss your tailored sponsorship and/or exhibition opportunity.
Why Sponsor? ➜➜ Generate high value sales leads in integrated energy projects
➜➜ Position your company as leading the oil and gas industry in front of an influential audience
➜➜ Launch and promote new products to the regions NOCs and IOCs
➜➜ Broker new contracts and business partnerships in Oman with West Asias key NOC and IOCs
➜➜ Develop new business new energy markets across oil and gas value chain
➜➜ Build relations with key local media to increase market awareness
➜➜ Build loyalty with region’s energy buyers and policy makers For more information on the OGWA exhibition, visit www.ogwaexpo.com
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