Under the Patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al-Saud Crown Prince, Deputy Prime Minister, and Minister of Defense, Kingdom of Saudi Arabia DAY 1 IPTC DAILY 13 JANUARY 2020 THE OFFICIAL SHOW DAILY OF THE INTERNATIONAL PETROLEUM TECHNOLOGY CONFERENCE Conference Explores New Era of Energy John Donnelly, IPTC Daily Editor his year’s International Petroleum held in Saudi Arabia,” European Association of Geoscientists TTechnology Conference said Mohammed Y. and Engineers (EAGE); the Society of (IPTC) offers attendees a wealth Al-Qahtani, Senior Exploration Geophysicists (SEG); and of opportunities to learn about Vice President of the Society of Petroleum Engineers and discuss the most challenging Upstream at Saudi (SPE). That participation makes the technical and nontechnical issues Prince Abdulaziz bin Aramco and IPTC event unmatched in depth and facing the oil and gas industry. Salman Al-Saud 2020 Executive breadth of coverage of some of the Through technical paper sessions, Committee Chair. “The Kingdom, most challenging technology and panels and plenaries, and special with some of the world’s largest oil related issues facing industry experts programmes, the multidisciplinary reserves, occupies a unique position worldwide. event covers a broad scope of the at the crossroads of Europe, Africa, The conference opening session this hydrocarbons sector, from the and Asia, making it a fitting location morning features four distinguished upstream down through the entire for one of the largest and most speakers: Prince Abdulaziz bin Salman value chain. prestigious international conferences Al-Saud, Saudi Arabia Minister of This is the 12th edition of IPTC and the for petroleum engineering.” Energy; Amin Nasser, President and first time the conference has taken Founded in 2005, CEO, Saudi Aramco; al-Qahtani; and place in Saudi Arabia. The event is IPTC has established Mahmoud M. Abdulbaqi, Chairman being held under the patronage of His itself as the flagship of ARGAS. Royal Highness Prince Mohammed multidisciplinary oil The theme of this year’s event is bin Salman bin Abdulaziz Al-Saud, the and gas technical “Vision to Prosperity: A New Energy Crown Prince, Deputy Prime Minister, event in the Eastern Mohammed Y. Era Emerges.” The theme captures the and Minister of Defense of the Al-Qahtani Hemisphere. It is force of the disruptive technologies Kingdom of Saudi Arabia. sponsored by four of the leading and commodity price swings that industry organisations in oil and “This will be the first international have transformed the industry as it Sunrise view at Dammam multidisciplinary, inter-society oil and gas: the American Association of sees a future of uncertainty regarding Petroleum Geologists (AAPG); the Al Khobar Corniche Saudi Arabia. gas conference and exhibition to be PLEASE SEE CONFERENCE EXPLORES ON PAGE 3 Panel, Plenary Sessions Offer Top-Level Views of Industry John Donnelly, IPTC Daily Editor his year’s IPTC will feature three be explored are the world’s growing sources economy has begun to Tplenary sessions, five panel need for energy, pressure from the accelerate, with regulations driving sessions, and a society president’s investment community on returns, the process toward lower emissions panel. Highlighting the sessions the shift in the energy mix as gas and and greater efficiencies especially will be two chief executive officer renewables become more prominent, in transportation. How to balance Amin Nasser Darren Woods Patrick Pouyanné (CEO) plenaries featuring some of and pressure from the public and increased energy demand with the world’s leading company heads, government regulators on climate enhanced scrutiny on environmental offering their perspective on the state issues. issues is one of the key challenges of the oil and gas industry. Energy forecasts point to a future in executives face going forward. The This afternoon, five CEOs representing which oil and gas continue to play session will address the roles that various parts of the globe will discuss a major role in meeting worldwide technology, policies, and investment Wan Zulkiflee Peter J. will play in supplying affordable and bin Wan Ariffin Coleman “Vision to Prosperity: A New Energy consumption. But the move toward Era Emerges.” Among the topics to a low-carbon and renewable sustainable energy, and how the PLEASE SEE PLENARY SESSIONS ON PAGE 3 EVENT MANAGEMENT SPONSORING SOCIETIES AND ORGANISATION IN KSA CM Licence Number: 19/6739 2 I IPTC DAILY—MONDAY Assured Ultra-efficient Delivery That’s the Petrofac Difference Combining four decades of engineering, construction and operations know-how with digital technology to future proof our delivery. Visit Petrofac.com and discover why you can trust the Petrofac difference. INTERNATIONAL PETROLEUM TECHNOLOGY CONFERENCE | 3 Assured Get Involved #IPTC2020 IPTC Cultural Reception Monday, 13 January | 1830–2030 | Kempinski Al Othman Hotel 2020.iptcnet.org iptcnet.org International Petroleum Technology Conference (IPTC) Ultra-efficient IPTCevents Delivery IPTC TV Please join us for an evening of Arabic culture and entertainment. All registered full conference delegates are welcome to attend along with one-day conference delegates for 13 January. Visitors and exhibitors are welcome to purchase tickets to iptc_net_org attend. For more information, please email [email protected] That’s the Petrofac Difference CONFERENCE EXPLORES Sami Alnuaim of Saudi Aramco, who professionals discussing such topics latest solutions and technologies. CONTINUED FROM PAGE 1 served as 2019 SPE President, will as oil recovery and simulation and The distinguished IPTC Excellence society’s use of hydrocarbons even as Combining four decades of deliver a topical luncheon address innovative seismic technology. Two in Project Integration Award will be global demand increases. Tuesday on “The Role of the Oil project case study sessions will given out this morning. A showcase engineering, construction and Several plenary and panel sessions and Gas Industry in Sustainable review the application of innovative session on Tuesday will offer a throughout the week will offer Development and Human technologies and practices. detailed look at the three finalist thought leadership on these issues Prosperity.” Wednesday will feature More than 100 technical paper projects, from Total, Petronas, and operations know-how with from some of the top executives a panel session with each of the sessions will take place this week, Gazprom Neft. and technologists in the world. A sponsoring organisations presidents covering a range of disciplines, A cultural reception will take place star-studded CEO panel takes place or representatives: Shauna Noonan, digital technology to future including geosciences, reservoir tonight, featuring an evening of this afternoon, and other sessions Occidental Petroleum, SPE; Everhard engineering, drilling and completions, Arabic culture and entertainment. this week will examine the global Muijzert, Schlumberger, EAGE; J. facilities, development and More than 8,000 attendees are proof our delivery. dynamic energy scene, the new Michael Party, Beryl Oil and Gas, production, the unconventionals expected to attend the conference energy era, the fourth industrial AAPG; and Richard Miller, Kansas business, and improved and this week in what promises to be revolution, emerging technologies, University, SEG. enhanced recovery. In addition, three days of learning, elevated the future of gas, talent development Other notable events include three more than 250 companies will be discussion, and networking. n and diversity, and unconventional oil “Ask the Expert” sessions featuring exhibiting their products and services and gas. leading academics and industry in the exhibit hall, showcasing the PLENARY SESSIONS CONTINUED FROM PAGE 1 Founding Director, Center on Global Siemens Oil & Gas. University; Khalid Al-Abdulqader, energy sector is being transformed. Energy Policy at Columbia University. l “Emerging Technologies and Saudi Aramco; Sherif Foda, NESR; and Challenges from Exploration to Bob Brackett, Bernstein Research. n Panelists will include Amin Nasser, A second CEO panel on Tuesday will Development,” featuring Nasir K. President and CEO, Saudi Aramco; feature executives from Saudi Aramco Al-Naimi, Saudi Aramco; Sophie Darren Woods, Chairman and CEO, and ADNOC as well as three leading Zurquiyah, CGG; Bundit Pattanasak, ExxonMobil; Patrick Pouyanné, service providers. Under the theme PTT Exploration and Production; Chairman and CEO, Total; Wan “Shaping the Upstream Ecosystem Demosthenis Pafitis, Schlumberger; Zulkiflee bin Wan Ariffin, President for a New Energy Era,” participants and Giuseppe Valenti, Eni. IPTC DAILY and Group CEO, Petronas; and Peter will discuss such topics as energy J. Coleman, CEO and Managing innovation and efficiency, climate l “The Future of Gas: From Wellhead IPTC Daily is the official show daily Director, Woodside Energy. change, smart energy systems, the to Market,” which includes panelists tension between producers and Moutaz Al Riyami, Petroleum of the 12th International Petroleum Following that will be an “Energy Technology Conference. consumers, the decline in energy Development Oman; Nabeel I. Think Tank” plenary on “Navigating investment since the oil price drop, Al-Afaleg, Saudi Aramco; Emanuele the Global Dynamic Energy Scene.” IPTC Daily Editor and new business models. Calviello, Eni; Hazli Sham Kassim, John Donnelly Panelists will offer diverse views of Panel session