Session Details

NOC Strategies for the Future

Tuesday, 2 March

7:30 am - 8:00 am (CST) / 02/mar/2021 01:30 pm - 02/mar/2021 02:00 pm
National Oil Companies (NOCs) are essential anchors, from both economic and energy security perspectives. Their mandates have grown, as well as their complexities, in dealing with the 2015 downturn in oil/gas prices, the growing role of an energy transition, and now the COVID-19 pandemic. With domestic resources maturing, coupled with portfolio rebalancing of the industry, what strategies do NOCs need to adopt for the future? How has the COVID-19 pandemic and the resulting downturn in oil/gas prices impacted near-term priorities? How does the changing competitive landscape impact investment outlooks? What technologies and partnerships are necessary to develop the next wave of technically challenging resources? Are the right levers in place to attract and retain investor capital? What else needs to change? How do NOCs create balance between focusing on core E&P and navigating the energy transition?
Session Speakers