OGS01 Expanding the Opportunities to Sustainably Fuel the World
After having emerged from the COVID era lockdowns and an energy demand reduction, the world moves toward a new era, where energy security and affordability are compounding with the drive to reduce anthropogenic emissions. Additionally, inflationary pressures are resulting from supply chain issues and the unavailability of a specialized workforce presents challenges resulting from two consecutive industry spending downcycles.
In a world where historical natural gas prices have seen their highest levels in some geographical markets, the United States Inflation Reduction Act imposes a significant penalty to gas producers which emit high methane effluents. The world is also seeing a major global push for projects that aim at abating CO2 using CCUS (Carbon Capture, Utilization, and Storage), with an anticipated 10-fold increase in storage rates by the end of the decade.
In this context, how do the industry leaders see the contribution of oil and gas in the energy trilemma, with safe, reliable, and affordable energy for everyone? How can the energy industry agree on methodologies to measure and reduce production associated emissions? Will current and upcoming oil and gas professionals see expanding or shrinking opportunities as the industry works towards energy solutions?
This moderated panel discussion of industry leaders provides their perspectives on these topics and more.? It is sure to result in a lively discussion that includes engagement from the audience.