More than US$150bn of global projects requiring UK products and services were discussed in Aberdeen today by over 20 major operators including Aramco, Ørsted, BP and Shell.
The Energy Exports Conference (EEC), organised by the Energy Industries Council (EIC), the leading trade association for companies that supply goods and services to the global energy industries, is designed to support experienced and first-time exporters to identify and pursue business opportunities on energy projects around the world.
A plenary session featuring government Ministers and CEOs from export agencies and specialists including the Department for International Trade, UK Parliament, Scottish Development International, UK Export Finance and the Oil and Gas Authority, opened the conference.
Talal Al-Marri, president and CEO of Aramco, delivered a speech during the keynote plenary session focusing on bilateral trading links between Aramco and the UK.
Aramco plans to invest $500bn over the next 10 years in the global energy market and diversify away from oil, presenting an unparalleled opportunity for the UK supply chain to win significant work on global projects with one of the largest National Operators in the world.
EIC chief executive Stuart Broadley said, ‘We are committed to enabling the UK energy supply chain to export its products, services and expertise into global markets. This is the biggest event we have ever organised. By attending the EEC, energy service firms can potentially do a year’s worth of business, having access to project updates, market intelligence and networking, in just two days.)
Mr Al-Marri said: “Aramco has ambitious growth plans over the next 10 years as we transition to become the world’s leading integrated energy and chemicals company. In order to achieve this, we need to work with best-in-class partners – many of whom are based here in the UK, a global centre of excellence in the oil and gas industry.”
Success at the event could contribute to one of the key planks of the UK oil and gas industry’s “vision” for the next 15 years, Mr Broadley added.
Vision 2035 envisages a doubling of the UK supply chain’s share of the global export market, which would bring in an additional £150bn in revenues over the period.
Over the two days, high-level discussions will focus on the financial, practical and in-country support they provide to enable UK companies in the oil and gas, power and renewable sectors, to export or expand into new markets around the world.
The agenda is packed with high- level panel sessions and presentations featuring 100 speakers from companies such as BP, Subsea UK, ADNOC, Bechtel, Wood, Uganda National Oil Company and Petronas, which include: how to successfully finance international growth; doing business in the Middle East oil and gas market; how to win international business; what digital transformation means for the supply chain, global opportunities for subsea and decommissioning.
For more information on the speakers and the programme, visit: https://exportsconference.energy/programme/