The Gulf Intelligence Saudi Arabia Energy Forum 2019 April 8 th Riyadh The Digital Transformation of Energy: What, When, Where to Next? In Support of:
Our The country Saudi is Energy witnessing Forum a giant transformation which requires doubling the size and diversity of the national economy, including the mining sector, to meet the increasing global and domestic demand for energy through the development and diversification of the energy mix, including traditional hydrocarbon sources as well as renewable energy sources and nuclear energy. H.E. Khalid Al Falih Minister of Energy, Industry & Mineral Resources Saudi Arabia This is the most successful conference that I thought we could ever have. My compliments to Gulf Intelligence, it was fun! Many conferences, the day it s done is the day it s forgotten but for you to go through the effort of producing a post-forum publication and round-table, it s commendable 2
The Gulf Intelligence Saudi Arabia Energy Forum 2019 Theme The Digital Transformation of Energy: What, When, Where to Next? Data Science. Mobile supercomputing. Intelligent robots. Automation. Data Harvesting and Mining. Self-driving cars. Digitization. We stand on the brink of a technological revolution that will fundamentally alter the way we work and how labor markets are structured. In its scale, scope, and complexity, the transformation will be unlike anything humankind has experienced before. We do not yet know just how it will unfold, but one thing is clear: the response to it must be integrated and comprehensive, involving all stakeholders, from the public and private sectors to academia and society. Industrial Revolutions 1 st 1784 2 nd 1870 3 rd 1969 4 th? Steam Engine Mechanical Production Electricity Mass Production Commercialization Computer IT Automated Production Digitization Source: the economist, World Economic forum Vast waves of technological advancement have been a major contributor to increased prosperity, productivity and job creation. One cannot deny that each industrial transformation gave rise to custom-made challenges. Therefore, it becomes imperative to anticipate and prepare for the current transition. Digitisation, mobility, big data, cloud computing, and analytics, and other drivers of transformation are expected to have a significant impact on jobs, ranging from significant job creation to job displacement, and from heightened labour productivity to widening skills gaps. Today, in many industries worldwide, the most in-demand occupations or specialties did not exist 10 or even five years ago, and the velocity of change is forecast to only quicken. In such a rapidly evolving employment landscape, the ability to anticipate and prepare for future skills requirements, job content and the aggregate effect on employment is increasingly critical for businesses, governments and individuals in order to fully seize the opportunities presented by these trends and to mitigate undesirable outcomes. Disclaimer. This document is a draft and is provided for information only. 3
The Gulf Intelligence Saudi Arabia Energy Forum 2019 Proposed Knowledge Partner Affordable, sustainable energy underpins the growth of a country s economy and the wellbeing of its citizens. Yet effective energy policy is one of the greatest challenges for governments and other stakeholders across the globe. KAPSARC was founded as a global non-profit institution for independent research into the economics of energy and understanding its complex intersections with energy policy, technology and the environment with the objective of contributing to societal wellbeing and prosperity. From our base in one of the world s most important energy-producing regions, KAPSARC develops economic frameworks to reduce the overall costs and environmental impacts of energy supply, to increase the value created from energy consumption and to better understand energy policy such that policy objectives and outcomes are better aligned. We collaborate with leading international research centers, public policy organizations, and industrial and government institutions through workshops, joint papers and the development of open-source datasets and tools, freely sharing our knowledge, insights and analytical frameworks. KAPSARC studies topics of global scope with a particular focus on the Kingdom of Saudi Arabia, the GCC, China and India. Adam Sieminski President Adam Sieminski was appointed as the the president of King Abdullah petroleum Studies and Research center (KAPSARC) in April 2018. Before his appointment, Mr. Sieminski held the James R. Schlesinger Chair for Energy and Geopolitics at the Center for Strategic and International Studies (CSIS) and prior to that, he was a nonresident senior adviser to its Energy and National Security Program. He also served as the administrator of the U.S. Energy Information Administration (EIA) from 2012 to 2017, and prior to that, he was the senior director for energy and environment on the staff of the U.S. National Security Council. Earlier in his career, Mr. Sieminski was Deutsche Bank s chief energy economist, as well as the senior energy analyst for NatWest Securities. In 2006, he was appointed to the National Petroleum Council (NPC), where he helped co-author NPC s global oil and gas study. Mr. Sieminski is also a member of leading policy and research organizations including his role as a senior fellow and former president of the U.S. Association for Energy Economics, and president of the U.S. National Association of Petroleum Investment Analysts. He also served as an advisory board member of the Global Energy and Environment Initiative at Johns Hopkins University s School of Advanced International Studies, was chairman of the Supply-Demand Committee of the Independent Petroleum Association of America, and a member of the Strategic Energy Task Force of the Council on Foreign Relations. He holds the Chartered Financial Analyst (CFA) designation and has received both an undergraduate degree in civil engineering and a master s degree in public administration from Cornell University. 4
The Middle East Energy Industry Digital Transformation Is the Middle East s energy industry doing enough to be ahead of the digital technology curve? 17 % Yes What impact will digital technologies have on the Middle East s Energy Industry over the next decade? A. Moderate B. Notable C.Transformational 50 % 83 % No 34 % 16 % Which aspect of Middle East s Energy operations will digital technologies impact the most? A. Health, Safety, the Environment and Quality B. Development C. Production D. Maintenance E. Supply Chain 23 % 35 % 26 % Which of the following digital technologies will have the biggest impact on the Middle East s Energy industry over the next 10 years? A. Artificial Intelligence B. Block Chain 50 % 20 % 16 % 10 % 6 % D. 3D Printing 4 % C. Virtual Reality 10 % E. Other Digital literacy within the Middle East energy industry is: A. Poor B. Sufficient C. Advanced 54 % 43 % 3 % 5
The Saudi Arabia Student Awards for the Advancement of Post-Graduate Education The Saudi Arabia Student Awards for the Advancement of Post-Graduate Education recognize outstanding young Saudi Individuals destined to be the Country s Future Energy Industry & Academic Leaders, who will contribute to building the Kingdom s Knowledge Economy as set out in the Nation s Vision 2030. This Pioneering Award Recognizes Role Models and establishes the award winners as Ambassadors for the Advancement of Post-Graduate Education in Saudi Arabia. Campaign Overview: Call For Nominations A Call for Nominations flyer will be distributed local Saudi Arabia Universities, Industries and Institutions, as well as their International counterparts where Saudi students may be studying abroad. Selection Committee Voting A Selection Committee of International standing with distinguished individuals from Government, Academia & Industry will score the nominee profiles. Student Awards Event Winners of The Student Awards for the Advancement of Post-Graduate Education will be announced and presented at the inaugural Saudi Arabia Energy Forum 2019. Student Seminars As ambassadors for the advancement of post-graduate education in the Saudi Arabia, the 2018 Award Winners will participate as panelists in student seminars to inform undergraduate students on why to pursue post-graduate studies and highlight career opportunities that are available to those following a postgraduate degree. 6
The Gulf Intelligence Saudi Arabia Energy Forum 2019 Advancement of Post-Graduate Education Awards 7
The Gulf Intelligence Saudi Arabia Energy Forum 2019 About Gulf Intelligence We Facilitate Knowledge Exchange Gulf Intelligence is a strategic communications & research firm effective across the full value-chain of the Middle East Energy Sector. We facilitate knowledge exchange and advance the business interests of national and international stakeholders operational in the regional industry. 8
The Gulf Intelligence Saudi Arabia Energy Forum 2019 Forum in Numbers 400+ Government & C-Suite Decision Makers 40+ Speakers 12 Breakout Sessions 48 Hours of Professional Networking 4 Breakfast Briefings 2 Debates Follow GI and Join the Discussion: #giforum @gulf_intel 9
ORIGINS OF SAUDI ARABIA ENERGY FORUM ORIGINS: The GCC Petroleum Media Forum was an initiative borne out of a strategy document passed by the Petroleum Cooperation Committee (PCC) of the GCC countries in Kuwait in 2010. A petroleum media strategy was drawn up to defend the posture of the GCC countries on their petroleum status following continued international media criticism that the GCC was acting in its own interest and questioning their ability to secure petroleum supplies to the markets. The Forums are held on a rotational two-year cycle in each of the GCC countries: the first was held in Kuwait in 2013, in Saudi Arabia in 2015 and in the UAE in 2017. The 2019 Forum will be held in Qatar. The 3 rd GCC Energy Media Forum: The Gulf Cooperation Council (GCC) s Petroleum Media Forum was hosted by the UAE s Ministry of Energy in 2017 under the Patronage of H.H. Sheikh Khalifa bin Zayed Al Nahyan, President of UAE and Ruler of Abu Dhabi. The scope of the forum was to accelerate the GCC s Petroleum Media Strategy, to elevate the perception of the oil industry and to highlight the contributions of the GCC countries in the global economy. All this, with a focus on enhancing the capacity of local media and building a roadmap to develop specialized petroleum media capabilities in the region. The two-day event, which was produced by Gulf Intelligence on behalf of the UAE Ministry of Energy, brought together all six GCC Energy Ministers, 1000 executives and 100 Media from all over the region. To meet the Forum objectives, the event held 16 training seminars hosted by industry leaders who delivered insights on relevant and pressing issues in the MENA media and communications industry. The Forum culminated in a Special Report White Paper with tangible recommendations and was presented to all six GCC Energy Ministers. Objectives Elevate the perception of the oil and gas sector in the GCC countries and globally. Media (National, Regional & Int l) Develop and enhance local energy knowledge among the media, PR and Communications Industry Establish partnerships & continuous engagement between the local and international media with the GCC oil and gas stakeholders Industry Government (NOCs, IOCs, ملتقى الا علام البترولي الثالث (Oil & Gas SOCs) The 3 rd GCC Petroleum Media Forum Ministries) Conduct workshops & training sessions for the local media, PR and Communications executives 10
This is the most successful conference that I thought we could ever have. My compliments to Gulf Intelligence, it was fun! Many conferences, the day it s done is the day it s forgotten but for you to go through the effort of producing a post-forum publication and round-table, it s commendable H.E. Eng. Khalid Al Falih 70+million Extensive Print, Broadcast & Social Media coverage reaching close to 70+million people The 3rd GCC Petroleum Media Forum hosted by UAE Ministry of Energy and presented in the presence of National, Regional & International Government, Industry, Media & stakeholders. 10,000+ RSVP Forum promoted to an extensive database across the GCC to over 10,000 stakeholders Ministries; Government Officials; NOC s; IOC s; Media; Corporate Communications; Analysts; Academia Over 1000 people voted in the Inaugural GCC Petroleum Media Awards 1000 delegates from over 400 entities attended 1000 delegates attended over the 2 days 16 ministerial Excellencies 5 lectures 16 training seminars 400 institutions represented 3 Industry surveys 3 worskshops 20 recommendations 6 award winners MILLION+ Exposure on Social Media 4.8 11
Consultancy Intelligence Publishing 12