Fourth strate­gic roundtable on oil and gas sec­tor held

Times of Oman - - MARKET -

Times News Ser­vice

MUS­CAT: The fourth Strate­gic Roundtable was or­gan­ised in Mus­cat on Tues­day at the Min­istry of Oil and Gas.

The Oil & Gas Year (TOGY), con­ducted the event in part­ner­ship with the Min­istry of Oil and Gas and Oman So­ci­ety for Pe­tro­leum Ser­vices (Opal), and with spon­sor­ship from Oc­ci­den­tal of Oman, Oman Drilling Sys­tems and Baker Hughes, a GE com­pany.

At the be­gin­ning of the event, Salim Al Aufi Un­der­sec­re­tary of the Min­istry of Oil and Gas an­nounced to set up the first National Young Pro­fes­sion­als (NYP) Com­mit­tee un­der the aus­pices of the Min­istry of Oil and Gas.

YP events

This com­mit­tee rep­re­sent the Sul­tanate at the World Pe­tro­leum Coun­cil (WPC) in which we are an ac­tive mem­ber and other YP events (lo­cally, re­gion­ally or glob­ally), he said.

The Young Pro­fes­sion­als are clas­si­fied as those work­ing in the oil in­dus­try for less than 10 years and those who are younger than 35 years of age and the main ob­jec­tive for set­ting the com­mit­tee is to lead our new grad­u­ates onto the oil and gas world and pro­fes­sion by en­hanc­ing the learn­ing, knowl­edge shar­ing across the in­dus­try and bridge the gap be­tween old and young gen­er­a­tions, he added.

Ex­pert panel

The fourth Strate­gic Roundtable brought to­gether Salim bin Nasser Al Aufi, Un­der­sec­re­tary of the Min­istry of Oil and Gas; Raoul Res­tucci, Man­ag­ing Direc­tor of PDO; Stephen Kelly, Pres­i­dent and Gen­eral Man­ager of Oc­ci­den­tal of Oman; David Camp­bell, Op­er­a­tions Man­ager of BP; De­vaki Khimji, Ex­ec­u­tive Direc­tor of Al Tas­nim Group; An­drew Suther­land, Ex­plo­ration Direc­tor for Hy­dro­car­bon Finder; Wal­ter Simp­son, Man­ag­ing Direc­tor of CC En­ergy De­vel­op­ment; and Mohsin Al Hadhrami, Man­ag­ing Direc­tor of Schlumberger, to en­gage in an open and con­struc­tive dia­logue about the progress Oman’s oil and gas in­dus­try has made and fu­ture per­spec­tives given the deep changes tak­ing place within the en­ergy in­dus­try.

The event, ti­tled “Oman – The path towards a new en­ergy fu­ture,” cov­ered themes in­clud­ing the 4th In­dus­trial Revo­lu­tion and oil and gas de­vel­op­ment, the role of re­new­able en­ergy and clean tech­nolo­gies in in­creas­ing en­ergy ef­fi­ciency and driv­ing down costs, the strate­gic sig­nif­i­cance of re­search and de­vel­op­ment (R&D) and de­vel­op­ment of in­dige­nous pro­cesses to strengthen com­pet­i­tive­ness, build­ing last­ing re­silience in the in­dus­try to cope with oil price cy­cles and en­trench­ing gains made by the in­dus­try dur­ing the down­turn, among oth­ers.

Speak­ing about these tech­no­log­i­cal changes, Al Aufi said, “The fourth In­dus­trial revo­lu­tion is chang­ing the way of the in­dus­try works, with sig­nif­i­cant im­pli­ca­tions in terms of hu­man cap­i­tal,” while De­vaki Khimji of Al Tas­nim Group, said “As a con­trac­tor, our side of the in­dus­try is very labour in­ten­sive. We are us­ing tech­nol­ogy to make peo­ple more pro­duc­tive in our op­er­a­tions.”

- Supplied pic­ture

PANEL DIS­CUS­SION: The event, ti­tled “Oman – The path towards a new en­ergy fu­ture,” cov­ered sev­eral im­por­tant themes.

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