• CERAWeek
  • March 18 - 22, 2024

Gavin Rennick


President, New Energy

Gavin Rennick is president of Schlumberger New Energy, a position he assumed in April 2022. Prior to his current role, he was vice president of Human Resources. He previously served as president of Software Integrated Solutions and held various corporate and operations management roles, including integration manager for the Cameron International merger; vice president Drilling Products; GeoMarket Manager for Australia, New Zealand, and Papua New Guinea; and human resources manager for Drilling & Measurements. Earlier in his career, Rennick held a number of technical and management positions in operations, human resources, and technology development in Malaysia, United States, France, Norway, and Australia. He joined Schlumberger in 1998 as a directional services drilling engineer in Saudi Arabia. Rennick earned bachelor’s degrees in electrical engineering and business administration, both from the University of Western Australia.

Sessions With Gavin Rennick

Tuesday, 19 March

  • 04:00pm - 04:40pm (CST) / 19/mar/2024 09:00 pm - 19/mar/2024 09:40 pm

    Making Strategic Choices in a Time of Change

    Energy Transition

    Multiple transitions are unfolding around the world from geopolitical to technological. Meanwhile, the pace of change is accelerating as evidenced by the impact of Gen AI in just the past 12 months. The current energy transition is complex and multidimensional. Setting linear, global targets and predefined emissions pathways, which do not account for important aspects of the energy trilemma, have proven counterproductive. Net-zero targets for many countries go beyond 2050. And there are significant policy uncertainties in a year when over half of the world’s population is going to the polls. What strategies will endure in such a turbulent period? How are companies deciding on capital allocation across their portfolios and managing technological and policy risks? Why do investors seem skeptical about energy transition investments?