• CERAWEEK 2025 | March 10-14, 2025
  • CERAWEEK
  • March 10 - 14, 2025

Gustavo Baquero

Equinor

Senior Vice President of Exploration and Production International, Strategy & Commercial Development

Gustavo Baquero is the Senior Vice President of Exploration and Production International, responsible for strategy and commercial development at Equinor. He is an energy professional with over 20-years of international experience having worked in Norway, Brazil, Venezuela, Colombia, Italy, Spain, and the UK. Before heading up international strategy and commercial development, Baquero worked in various senior roles in business development as well as operations. Before joining Equinor, Baquero held multiple roles as a process engineer, analysts, commercial manager, and partner operations director at BP, Repsol, and ExxonMobil.
His core expertise is in strategy, business development, and field operations.

Sessions With Gustavo Baquero

Tuesday, 10 March

  • 11:30am - 12:30pm (CST) / -

    Technology: Shifting the upstream cost frontier
    Upstream Oil & Gas Innovation & Technology

    Technology and innovation continue to be the saving grace for oil and gas companies as they seek to assure shareholders of their ability to improve efficiency and embrace the opportunities emerging from growing data resources, advances in computing power, sensors, advanced analytics, and AI. Although strides have been made to reduce structural costs in both conventional upstream and unconventional projects, costs continue to grow. How will costs impact the viability of projects? How many innovations have truly reduced costs? How much more can innovation reduce project and operating costs? What interplay is needed among digital technologies, traditional E&P technologies, and changes in operational and organizational models to realize further gains?

Wednesday, 11 March

  • 07:30am - 08:40am (CST) / -

    Can Latin America Achieve its Gas Potential?
    Upstream Oil & Gas

    Gas markets in South America’s Southern Cone are at an inflection point. Brazil’s pre-salt and Argentina’s Vaca Muerta have the potential to supply gas volumes that can outstrip demand. The prospect of abundant low-cost natural gas supply creates opportunities to restructure the power mix and resuscitate the region’s industrial landscape. However, unlocking the full potential of pre-salt and Vaca Muerta gas will require improvements in regulations, market conditions, infrastructure, and colossal investments. What barriers need to be removed to realize this potential? What are the roles of the private sector, the NOCs, and governments? Could the risk of too much gas become a curse that undermines the development of the Southern Cone’s gas potential?