Week in Review: Entering the era of energy transformation, life after COVID-19, and executive retirements

Advanced technologies, new and emerging industries, shifting consumption patterns, and a growing demand for low carbon solutions are all changing the landscape in which energy leaders must make decisions.

The COVID-19 pandemic sharpened these issues, as they forced industry leaders to adapt and innovate to keep the world’s economic engines running. 

These were some of the topics discussed in this week's stories in Aramco Life and the Arabian Sun.

Aramco leadership share new economic map at CERAWeek

Aramco’s top executives discussed economic and industry trends as well as energy transition, at one of the world’s premier energy conferences, CERAWeek 2021. 

Strong signs for the New Year after virus impact

Speaking in a one-on-one conversation entitled “Opportunities for Transformation in a Post-COVID-19 World” as part of International Petroleum Week, senior vice president of Downstream, Mohammed Y. Al Qahtani, highlighted the devastating, and unpreceded, impact the pandemic had on global oil demand in 2020, while expressing optimism on the future.

Energy reimagined at Aramco’s 2021 Virtual Energy Forum

Aramco’s Virtual Energy Forum saw company leadership joined by specialists in the fields of medicine and energy studies to discuss how our industry is evolving in a new landscape.

From investing in technology that may reduce emissions, extracting greater value from in-Kingdom resources by diverting a growing percentage from combustion to materials, to investing in lower carbon products such as blue ammonia, Aramco plans to make a contribution to a lower carbon future. 

Innovation crucial in a post-pandemic world

What does the future of work look like? Are we going to forever be in front of screens rather than in front of people? How do you have diversity and inclusion conversations these days? 

Read about the discussions around these questions at the Future of Work panel held as part of IP Week. 

Success in the face of adversity at Khurais Producing

The Khurais facility, alongside Abqaiq, was the scene of attacks in September 2019. The facility rebounded successfully with an impressive restoration program. And since then the facility has won several national and international awards.

Executive Retirements 

Vice president of New Business Development Mohammad I. Al Assaf 
Vice president of Retail and Lubes Development Said A. Al-Hadrami