Kuwait is planning to invest $112 billion in the next five years in the oil and gas sector to boost production, the CEO of Kuwait Petroleum Corp. said, therefore now is the ideal time to explore business opportunities in Kuwait.
Mr. Jamal Abdulaziz Jaafar, CEO of KOC, who will be speaking on Day 1 of the Kuwait Oil & Gas Summit, stated recently in an interview with CWC: “Global oil and gas consumption continue growing and it represents 57% of total primary energy consumption in the world, and both fuels will continue being the main source of energy for several years to come. That represents a strong opportunity to expand our market share through OPEC. KOC continues being recognized as one of the largest oil and gas companies in the world, and we have been, for several years, focused at implementing a growth strategy, given our large reserves base and our advantage of having the lowest costs in the world.”
The Regional CWC 5th Kuwait Oil & Gas Summit under the Patronage of H.E. Bakheet Al-Rashidi, Kuwait Minister of Oil, will take place from 16-17 April 2018 in Jumeirah Hotel, and is officially hosted by KPC and its subsidiaries. The summit will welcome regional government and key industry players coming together in one meeting place to announce new project opportunities and discuss innovative solutions. Sponsors include: EQUATE, Schlumberger, Total, Shell, Weatherford, GOFSCO, Petrofac, FLUOR, Dow, ABB, Glasspoint, Hot Engineering & Construction Co. and Kuwait Airways.
Distinguished speakers include:
H.E. Bakheet Al-Rashidi, Minister of Oil, Kuwait
Nizar Al-Adsani, Deputy Chairman & CEO, KPC
H.E. Dr. Mohammed bin Hamad AI Rumhi, Minister of Oil & Gas, Oman
H.E. Mohammad Barkindo, Secretary General, OPEC
Mohammed Qahtani, Senior Vice President of Upstream, Saudi Aramco
Khalid M. Abuleif, Sustainability Advisor to the Minister and Chief Negotiator for Climate Change Agreements, Ministry of Energy, Industry and Mineral Resources, Saudi Arabia
Jamal Abdulaziz Jaafar, CEO, KOC
Abdel F. (Abby) Badwi, CEO, Kuwait Energy
Sami Iskander, Executive Vice President, Upstream Joint Ventures, Shell
Maen Razouqi, President Northern Middle East, Schlumberger
Mohammad Husain, Former President & CEO, EQUATE Petrochemical Company
Havard Devold, Group Vice President, ABB
Luciano Poli, President - Dow Chemical India, Middle East, North Africa & Turkey (IMET), Dow Chemical Company
Dr Claus-Peter Hälsig, Vice President Process & Technology, Fluor
Dr. Ahmed Ali Attiga, Chief Executive Officer, APICORP
Frederico Justus, President - Eastern Hemisphere, Weatherford
May Alzanki, Director of Sales & Business Development, GlassPoint Solar Kuwait
Pedro Neiva Botelho, Northern Middle East HR Manager (NME), Schlumberger
Mohammad Al-Sharhan, Global HR Director, EQUATE Petrochemical Company
Majed Essa AlAjeel, Chairman, Kuwait Banking Association
Waleed M. Al-Awadhi, Executive Director, Supervision Sector, Central Bank of Kuwait
Mohammad Yousef Yaqoub, Assistant Director General for Business Development, Kuwait Direct Investment Promotion Authority (KDIPA)
Stewart Williams, Vice President, Middle East Research, Wood Mackenzie
Paul Connolly, Managing Director and Head of EMEA Oil & Gas, HSBC
Alok Chugh, Partner MENA Government and Public Sector Tax Leader, Ernst & Young
Dr Samira S. Omar Asem, Director General, Kuwait Institute for Scientific Research
Olga Labai, Director, Oil and Gas Consultant
Jamie Ingram, Gulf Editor, MEES
For further information on session topics and latest speakers, view the summit programme here: www.cwckuwait.com
Notes to Editors
More information at: www.cwckuwait.com
Members of the press are invited to cover the Conference by registering online here
About CWC:
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The CWC Group Press Contact
Roshan Jan-Mahomed
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Email: rjanmahomed@thecwcgroup.com
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