• CERAWeek
  • March 18 - 22, 2024

Musaab Al Mulla

Saudi Aramco

Vice President of Transaction Execution

Musaab Mohamed Almulla is currently heading as a Vice President of Transaction Execution in the Strategy & Corporate Development of Saudi Aramco. Prior to that he was heading as a Director the Global Analysis Department in the Strategy & Marketing Analysis of Saudi Aramco, the organization responsible for modelling and analyzing the global energy market and publishing the Company’s global energy outlook and pricing. Musaab has held his Global Analysis position after the successful completion of the one-year executive MBA of MIT Sloan Fellows Program in Cambridge, MA, USA. Musaab was also heading the Origination Department in New Business Development responsible for origination and evaluating new business ideas through various business models for the Company in the energy sector and its adjacencies. Throughout his career, Musaab held various roles associated with the integrated energy planning mainly in the power and water sector for Saudi Arabia. Musaab began his career as an Electrical Engineer in Power Distribution Department in Saudi Aramco after his graduation as Bachelor Degree of Science in Electrical Engineering from King Fahd University of Petroleum & Minerals in Dhahran, Saudi Arabia in 1998 and in 2002 obtained his Master of Science Degree in Electrical Engineering from Arizona State University in Tempe, USA. In 2005, Musaab joined Project Management Organization leading a critical scope of one of the largest oil producing project throughout the full project cycle (planning, preliminary engineering, Detailed Engineering, Construction, Commissioning and start-up). Upon his return from the three years assignment in Project Management, Musaab technical capabilities enabled him to graduate from one of the distinguished Company’s programs; Engineering Specialist Program. In 2011, Musaab has been appointed to lead an organizational transformation and succeeded through a dedicated team to build new key functions in the expanded Power Systems Organization. A year later, Musaab has been appointed as the first Division Head of the Power & Water Integrated Resource Planning in Power Systems during which Musaab built a team and structured function achieving key milestones such as the development of optimum energy mix in Power & Water in Saudi Arabia. In 2014, Musaab been appointed on acting basis as a department manager of Renewable Department and then as a department manager of Planning Department and in 2015, Musaab been appointed as the Manager of Northern Area Power Operations Department heading an organization of more than 300 employees. Early 2016 and up to now, Musaab shifted his career to a Corporate Organization and been appointed as the Director of Origination Department in New Business Development, through the two years role, Musaab succeeded in creating well-defined process to originate new business deals and managed through diversified and developed team to achieve key successful business strategic deals to Saudi Aramco in the non-core spaces. In addition to the highlighted Bachelor and Master degrees obtained as well as the graduation from the Company’s recognized Engineering Specialist Program, Musaab attended and participated in several conferences and seminars presenting several papers in recognized conferences. Musaab, in addition, participated in the Company Corporate Assessments as well as the six weeks Stanford Executive Program in Stanford, California, USA and the two weeks Oxford Energy Seminar at St. Catherine’s College, Oxford, United Kingdom. This is in addition to several in-house management and leadership programs and courses.

Sessions With Musaab Al Mulla

Friday, 10 March

  • 11:45am - 12:35pm (CST) / 10/mar/2023 05:45 pm - 10/mar/2023 06:35 pm

    Reimagining the Energy Future

    Energy Transition/Climate & Sustainability
    The year 2022 will be long remembered as a year when the world—and the energy world—changed in multiple ways. Accelerating net-zero ambitions—amid conflict, disruption in global energy markets and global economic headwinds—have been surprising and unexpected developments in 2022 with the launch of RePower EU plan in Europe and the Inflation Reduction Act (IRA) in the United States. At the same time, energy security once again became a priority for governments in the face of an “energy war” in Europe, high prices and shortages. COP27 in Sharm El Sheikh, Egypt, did not produce dramatic agreements that some would have expected. Although there was a pledge on “loss and damage,” the structure and funding of the mechanism have yet to be worked out. There was no progress on the mitigation front. In this final conversation, we will synthesize what panelists heard during the week and discuss how to “reimagine the energy future”: Why is the world falling short of reducing emissions? What systemic changes are required to reduce emissions while meeting current and future energy demand? How will the trilemma be solved? Are commercially available technology solutions on the horizon? How do energy cognoscenti at CERAWeek engage with broader public stakeholder groups to create alignment on future net-zero pathways?