Globally, energy transition and the reshaping of markets continue at pace, despite ongoing challenges of the global pandemic and continued unprecedented lockdowns experienced across countries and industries.

As the world navigates and operates within this new norm, governments, industries and businesses are actively adapting their forward-looking strategies to ensure rapid economic and industry recovery.

Egypt and the Mediterranean continue to strengthen their presence on the international oil and gas map with signed agreements including Egypt and Greece’s conformity on their maritime boundaries creating an exclusive economic zone allowing both countries to exploit and maximise their natural resources. Most recently, Egypt and Israel signed agreements to increase their cooperation in energy, especially in the fields of natural gas. In addition, having made 62 oil and gas discoveries and signed 22 exploration agreements in 2020, in February 2021, Egypt launched its latest international bidding round spanning 24 areas across 4 regions.

Similarly, the East Mediterranean Gas Forum (EMGF) continues to gather pace, attracting in observer status, the UAE, France, US and European Union. Headed by Egypt, the EMGF member countries remain committed to developing and fast tracking the regional gas market and creating an energy trading hub.

The EGYPS Strategic Conference gathers global leaders from the energy value chain to frame innovative strategies that develop worldwide energy markets and consciously contribute to global clean energy goals whilst creating commercial business and partnership opportunities.

10:00 - 12:00

Opening Ceremony Welcome and Keynote Address

14:00 -15:00

Ministerial and Policy Panel Discussion
Modernising global energy policies for economic and industry transformation

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  • With the energy industry critical to the prosperity of many national economies, the global pandemic has created the need for a rethink on historical energy policies and frameworks. Now more than ever, the significance of developing futuristic economic and dynamic cross industry business models, is a necessity to ensure market stability and mitigate future economic uncertainties.

    Attendee insights:

    This session highlights the effects of the global pandemic combined with the influence of volatile hydrocarbon prices on fiscal budgets and the significance of formulating collaborative policy changes to maintain energy equilibrium during market turmoil.

15:00 - 16:00

Global Business Leaders Session
Collaborative frameworks to ensure business resilience and profitability

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  • The oil and gas industry is no stranger to cyclical downturns caused either by demand or supply shocks. With the ongoing onslaught of the COVID-19 pandemic, major oil and gas producers continue to restructure their economic outlooks and business goals to mitigate its effects. How are businesses collaborating to address short-term industry recovery?

    Attendee insights:

    This discussion will emphasise the implications of the 2020 global lockdown and ongoing country hotspot lockdowns on the oil and gas industry and underline the importance of augmenting international collaboration to future-proof the energy industry for business growth and resilience.

16:00 - 17:00

Global Business Leaders Session
Net-zero: Shifting traditional paradigms

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  • As the energy industry’s commitment to reducing its global carbon footprint accelerates, leading oil and gas companies have pledged to spend more on clean energy and tackle climate change by realigning their investment priorities. How are energy companies harnessing this transition to become net-zero by 2050? Is the pandemic slowing or driving progress?

    Attendee insights:

    A must-attend session for government leaders and business executives to gain clarity on the importance of formulating innovative strategies and business frameworks to reduce global greenhouse gas (GHG) emissions across the energy value chain, despite exceptional global markets.

17:00 - 18:00

Strategic Roundtable Discussions

  • ROUNDTABLE 1: Unlocking the shared goal of energy autonomy through futuristic gas markets
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    Energy security plays a significant role in developing economies. The additional priority of reducing global carbon footprints creates a need for effective regulations and increased cooperation amongst players of regional and global energy markets. How can energy forums like the East Mediterranean Gas Forum (EMGF) boost regional cooperation and augment efficient gas markets for global climate- conscious energy security?

    Attendee insights:

    This session will highlight the importance of promoting international cooperation within regional governments and energy majors to create a transformative energy market

  • ROUNDTABLE 2: Developing a sustainable circular downstream value chain to meet future demands
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    Petrochemical and plastic products provide substantial benefits to society and economies but have equally been facing recent global environmental challenges. In a market that’s driven by freefalling feedstock prices, there is a need to remove downstream siloed operating models to meet future demands while creating long-term sustainable circular value chains. How is the global downstream industry embracing this transformation?

    Attendee insights:

    A key session for energy leaders highlighting the significance of global sustainable development models to balance downstream circular business goals and facilitate a sustainable transition

  • ROUNDTABLE 3: Accelerating a decarbonised economy whilst minimising socio-economic constraints
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    Coordinated action is required from all industry verticals including governments and citizens to embrace low-carbon alternatives to accelerate the transition into clean energy alternatives from hydrogen and natural gas to hybrid and electric vehicles.

    Attendee insights:

    This roundtable discussion will address policy and industry restructure and infrastructure that will enable a smooth transition and increased take up of a decarbonised ecosystem ensuring access to energy for all

  • ROUNDTABLE 4: Innovative financing models for the energy industry
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    Global economic conditions have dramatically changed the financial models of the energy industry, with traditional strategies fast becoming outdated. As uncertainty revolves around the nature of economic recovery, how can state-owned enterprises as well as private energy players reshape future industry funding opportunities

    Attendee insights:

    An important discussion for global energy leaders to strategise future investments in the energy value chain whilst balancing the clean energy transition initiatives of the business

10:30 - 11:30

Global Business Leaders Session
Shaping a robust energy industry

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  • The current global crisis has halted several oil & gas operations resulting in limited spending across global energy projects. In a period of continued market instability, along with the industry-wide priority to switch to low-carbon alternatives, how are energy leaders formulating practical strategies to transform and adapt the industry for the future?

    Attendee insights:

    An important discussion for global oil and gas leaders to influence regulatory decisions on energy investments and diversification of traditional thinking on areas such as carbon pricing and tax, decarbonising gas infrastructure and regulations to reduce methane emissions.

11:30 - 12:30

Global Business Leaders Session
Natural gas as a catalyst of the low-carbon transition

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  • Globally in the coming decades, as economies embrace cleaner alternatives, how can cross industry technology and collaboration fast-track the potential of natural gas to act as a cleaner energy alternative and speed up the energy transition by supporting renewables?

    Attendee insights:

    A key discussion outlining the significance of natural gas as a bridge in the energy transition and how with the latest technologies it can be utilised as a flexible and cleaner alternative to power the world – from homes, to transport, to industry.

13:30 - 14:30

Global Business Leaders Session
The future of hydrocarbons: The shifting downstream landscape

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  • The downstream industry has been experiencing a dual shock of late due to declining global demand for refined petroleum products coupled with increased inventories and free-falling prices. How is this critical industry responding to this shift in the current economic climate and what is the impact on the future of other allied industries that rely on refined hydrocarbons?

    Attendee insights:

    A must-attend discussion for oil & gas decision-makers to understand the impact of the global lockdown on the downstream industry and the importance of revamping focus areas including trading, fuel regulations, pricing exposure, and shoring up global inventories.

14:30 - 15:30

Global Business Leaders Session
Connected energy ecosystem: Billion-dollar savings

  • Digital innovation is no stranger to the oil and gas industry, with seismic and well log information already amounting to terabytes of data per day. The game changer lies in how the data being collected is being used to remove the barriers of digital silos and create a connected oil & gas ecosystem. How energy leaders are making use of digitalisation to reduce operational costs, boost workforce and customer connectivity and fast-track global energy transition

    Attendee insights:

    A prime session for global energy leaders to accentuate how technology adoption throughout the entire energy value chain is enabling cost-benefits including investments in future-ready technologies like big data, cloud computing, artificial intelligence and machine learning

15:30 - 16:30

Global Business Leaders Session
Egypt: powering from strength to strength

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  • As the world gradually transitions into low-carbon energy, the significance of natural gas in global geopolitics and energy security have become crucial. As Egypt ramps up exploration with new international licensing rounds and looks to boost production from its hydrocarbon assets, alongside its leading and steering role within the EMGF, it’s expected to gain significant market influence. As we look to the next 12 months, what’s next?

    Attendee insights:

    This key interview will summarise Egypt’s plans in the coming years to achieve the common goal of fortifying international relations to alleviate economic barriers for harvesting its natural gas reserves and mineral resources, promoting the development of global gas markets and cementing its status as the region’s leading energy trading hub.