About the Conference
The oil and gas industry has become crucial for the survival of global economies despite the clean energy transition goals set forth by various nations and companies. In the coming decades, oil and natural gas will continue to remain important commodities driving global markets and economic recovery, while helping countries transition to climateconscious fuels.
The recent unprecedented worldwide lockdown to contain the pandemic has brought oil prices back to levels of the 1950s, but this time with a dual effect of supply-demand shock creating a ripple effect across global economies. Governments, NOCs and IOCs have had to reduce their production output rates to ensure market equilibrium until the world returns to normalcy. All these incidents have put pressure on global finance and investment leaders in the energy value chain who have strived to ensure business continuity by cutting costs to reduce the burden on their financials, while safeguarding investor commitments.
The 2nd edition of the EGYPS Finance & Investment Summit will gather senior leaders to emphasise the importance of developing innovative governance, cost and investment models for the entire energy value chain to overcome future economic turbulence and maintain global energy security.
Fully supported by and in alignment with the objectives of the Egyptian Ministry of Petroleum and Mineral Resources, the inaugural Global Finance and Investment Awards will take place alongside Summit on Wednesday 10 February 2021
The awards will recognise senior finance leaders in the global energy industry for their outstanding contributions as well as leading financial institutions for their continuous support of the global energy industry
As Egypt develops its vast oil and gas reserves, new projects and new opportunities arise for oil and gas majors to tap into. As such, companies look to invest and develop these projects to further expand their portfolios and market position. New financing methods are also becoming available, such as different lending options, IPOs and access to different sources of capital.
2020 Lead Sponsor
2020 Session Sponsor
EGYPS 2020 CONFERENCE RATES
|CONFERENCE TYPE||STANDARD RATE (excl. 14% VAT)|
|All access conference pass||US$ 1,895|
|Strategic Conference only||US$ 935|
|Technical Conference only||US$ 750|
|Women in Energy Conference & Awards Ceremony only||US$ 505|
|HSE in Energy Conference & Awards Ceremony only||US$ 505|
|Finance & Investment Summit only||US$ 505|
2020 CONFIRMED SPEAKERS:
Easing monetary policies to reactivate market activity and counteract the economic downturn
As global economies recovered from recessions in the past decades, in addition to the industry downturn in 2014, another wave triggered by the global lockdown has affected us on varying levels. In addition to lowering interest rates to manage the impact, governments across the globe had announced various stimulus packages. How did the most populous Arab state manage its monetary policy to ensure liquidity during the COVID-19 pandemic?
- The role of Finance Ministry’s and Central Banks during times of international crisis
- Government bonds and Quantitative easing during COVID-19
- Aligning fiscal policies to protect the economy and livelihoods
Sustainable economic revival through constructive governance models
The ripple effect caused by the COVID-19 pandemic, a black swan event, has impacted the global economy pushing it into another recession. As the global travel industry came to a standstill following the countrywide workforce lockdowns, supplemented by the price conflict between the top oil exporting nations, government leaders have called to restructure their national budgets and curtail public spending. How can energy exporting countries formulate effective national budgets to mitigate the impact of changes in energy price in the coming years?
- Managing fiscal deficits during global emergencies
- Economic diversification versus clean energy investments
- Price wars, geopolitics and their impact on emerging economies
Gas Reset – Fostering collaboration to boost natural gas exports
With supply under control, oil giants have been able to normalise global prices amidst falling demand. Record low prices of natural gas and LNG has emphasised the question of limiting supplies to permit price recovery. As the world transitions to clean energy, how can collaborative efforts amongst the gas players optimise prices and output?
- A bigger responsibility for the gas forums like EMGF
- Feasibility of regional gas hubs in a low-price market
- he practicality of moving away from oil-indexed gas prices
Roundtable 1: The importance of novel business models and investment strategies in the oil and gas industry +
The global economic downturn and political turmoil have had a huge impact on oil and gas investments. In times of uncertain price volatility, how can oil and gas companies develop a transformation paradigm to enhance investor sentiments in the industry?
- Technology as a pillar of energy investments
- Support from the government to ease business processes for foreign players
- Clean energy diversification
Roundtable 2: Rewriting the digital landscape of the energy industry to optimise asset utilisation +
The potential benefits of applying digital technology on existing physical systems are enormous. Although implementing these tools could immediately benefit other industries, how can the capital-intensive oil & gas industry scale digital solutions without affecting productivity or costs?
- Calculating the value and returns of digital investments in the oil & gas industry
- Breaking down process silos
- Sensors and Data: Analysing and predicting operational efficiency through IoT
Constructive strategies for energy industries to navigate financial tides
The oil price plunge to the negative range for the first time has flattened the projections set forth by the global energy industry as well as governments, causing ripple effects across all verticals of the economy. How can oil & gas companies formulate plans to overcome the impact of these market conditions? Can financial restructuring help energy companies survive the global economic woes? How will negative oil futures affect oil and gas projects? What does the future of crude futures look like?
- Government regulations and their effect on the acquisition of distressed assets by foreign players
- Production cuts and their influence on crude futures
- Preserving liquidity by limiting capital expenditure
- New avenues of financing M&A
Live Q&A on energy finance & investment trends and outlook
The past market collapses, oversupply and price falls have provided many lessons for the energy industry. With experience from a plethora of economic turmoil in the past, in addition to climate change and clean energy transitions, how are global energy players preparing for the future? Leading experts from the oil & gas industry as well as investment banks will discuss the current and future opportunities of the industry and take questions from the audience. Discussion points include:
- Projection of oil prices in the coming years
- Preparation for another pandemic outbreak or an economic meltdown
- Oil glut and the prospects of storage as an investment option
- Future of oil & gas M&A
Constructive strategies for energy industries to navigate financial tides
Global events have lowered oil & gas prices to the lowest point in decades, thus setting off a negative storm on balance sheets. Oversupply in the market has paralysed global oil storage networks forcing some oil benchmark indexes into the negative zone, while others have shifted to using tankers as floating storage. Will the oil oversupply open another avenue for investments in storage? Or will the decline in economic activity reduce the willingness to invest in energy projects?
- How can gas price regulations impact investor sentiments in gas projects? Will a stronger gas forum fuel the creation of an effective gas price benchmark?
- In a period of oversupply, can midstream and storage become another avenue for future energy investments?
- Ensuring payback commitments to reserve-based lenders during the economic downfall
Against the backdrop of the Egypt Petroleum Show and in alignment with the Egyptian Ministry of Petroleum and Mineral Resources, we are delighted to announce the introduction of the inaugural Global Finance and Investment Awards.
These prestigious Awards are shaped by 2 individual categories; Global Finance Leader of the Year and Global Financial Institution of the Year, and led by an unbiased Advisory Committee.
16:00 – 16:05 Welcome Remarks by the Host
16:05 – 16:10 Ministerial Keynote Address
16:10 – 16:30 Winner Announcements
16:30 – 16:40Awards Jury Felicitation and Group Photos
16:40 Closing remarks and Close of the Inaugural Global Finance & Investment Awards Ceremony