Ian Conway

S&P Global

Executive Director, Plays and Basins, Upstream Oil & Gas Insight

Ian Conway is Executive Director, Plays and Basins, Upstream Oil & Gas Insight, S&P Global. Mr. Conway leads the London-based Plays & Basins and Global Supply Research and contributes to the Upstream Thought Leadership initiative and client engagement in Europe. A petroleum engineer by profession, Mr. Conway spent over 17 years working with BP, Maersk Oil, and Centrica and as an independent consultant, before working with ExxonMobil in reservoir advisory and asset management roles for seven years. He comes to S&P Global following eight years in exploration, new business, and executive management roles for Gulfsands Petroleum, a UK independent with assets in the Middle East and South America, and historical operations in North Africa and the US Gulf of Mexico. Mr. Conway holds a BA and an MA from Oxford University and an MSc from London Business School.

Sessions With Ian Conway

Monday, 7 March

  • 07:30pm - 09:00pm (CST) / 08/mar/2022 01:30 am - 08/mar/2022 03:00 am

    An Era of Advantaged Petroleum

    Lunch/Dinner Discussion Upstream Oil & Gas

    Upstream companies know that, over the longer term, the energy transition could significantly depress both demand and price levels for petroleum products. Companies will seek to remain profitable by owning assets that contain the planet’s most valuable barrels and molecules; commonly referred to as advantaged petroleum. Advantaged petroleum assets typically will exhibit low finding and development costs; they should deliver production that is dilutive to a company’s existing portfolio in terms of emissions, carbon intensity, and carbon footprint. The risk profile of these assets and the markets they supply should be seen as manageable and relatively stable. Companies need to stay ahead of change to ensure that their petroleum resources remain advantaged. Will the focus on advantaged petroleum leave some basins and players out of the mix, hastening the decline of older, traditional producing areas? What role might certification play; for example, will the concept of responsibly sourced gas expand globally beyond the US arena?

Tuesday, 8 March

  • 11:40am - 12:30pm (CST) / 08/mar/2022 05:40 pm - 08/mar/2022 06:30 pm

    Global Oil & Gas Production: A new geography?

    Panel Upstream Oil & Gas
    Within the accelerating energy transition, an aspiration of many nations is that their economies can continue to grow, while simultaneously undergoing decarbonization. As a result, an ever-increasing level of scrutiny is being placed by both buyers and sellers on the precise nature of oil and gas supplies sourced from around the globe; the focus falling not just on the cost of production, but also on factors relating to the carbon intensity, carbon footprint, and emissions profile of these supplies. Are perceptions now changing as to which global hydrocarbon suppliers produce the most “advantaged” barrels and molecules? In a highly uncertain outlook for oil and gas demand, can we predict whether and how the sources of future supply will shift in geographical terms over time? And, if an accelerated move to a low-carbon world eventuates, will the geography of the upstream production world change more rapidly as a result?