The 7th Gulf IntelligenceOman Energy Forum 2019November 25th | Grand Millennium Muscat | Oman

Oman Energy Transition: Turning Climate Change Challenges into Opportunities?

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The 7th Gulf IntelligenceOman Energy Forum 2019

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The importance to limit climate change and achieve sustainable growth is affirming the momentum of global energy transformation. Companies are leveraging the use of technology to comply with growing environmental pressures and to reduce emissions, however, adapting to climate change at the necessary scale and scope requires a coordinated, multisectoral, global effort. Deployment of renewable energy is at the heart of this transition and can generate global gains of up to USD $6 trillion annually by 2050. Furthermore, the global economy would grow by 1% – leading to a cumulative gain of up to USD $52 trillion by 2050, according to a 2018 report by IRENA. On the other hand, a green economy which can be thought of as low carbon, resource efficient and inclusive is gaining momentum. Taking advantage of the natural synergies that exist between green economy initiatives and climate change opportunities can accelerate energy transition. As the world moves towards a low carbon, secure and affordable energy system, what steps should the Sultanate take to advance its green economy?

Forum Theme

Nearly 200 countries have agreed to rules for how they’ll adhere to the Paris climate agreement. The text of a new “rulebook” was finalized in December 2018 at the 24th Conference of Parties in Katowice, Poland. The result is a set of rules that defines how nations, including Oman, will record their emissions and their progress toward climate goals, and sets out mechanisms for countries to ask for help if they fall behind. It also calls for countries to increase the ambition of their pledges over time. Questions remain as to whether the outcome is enough, given the current environmental situation. Even with the pledges already made, the world is on track for between 3°C and 4°C of warming by the end of the century, according to UN scientific research.

That is far above the 1.5°C of warming that a recent UN report warned would be devastating for the planet, triggering mass-scale food shortages, migration crises, and ecosystem death.

Oman has vast potential in generating power through renewable sources of energy, namely solar and wind. It has set an ambitious goal of covering 30% of its electricity demand with renewable energy projects by 2030. With the launch of several major renewable energy projects in the sultanate, Oman Power and Water Procurement Co. (OPWP) expects solar energy, wind farms and waste energy projects to account for as much as 30% of the country’s energy mix by 2030.

Oman also seeks to escalate gas production, shifting its oil-gas production mix from about 35% gas in 2015 to over 50% in 2025. With the intent well in place, what lies ahead in Oman’s pursuit of a sustainable energy future? Should it pursue clean coal, nuclear power or renewable resources? How can the Sultanate turn climate change challenges into opportunities?

Suggested Sub topics for the big picture energy demand theme: Smart Demand response, Decenteralised power generation, Energy Security, Electricity 4.0, Policy & regulation, Energy Efficiency & Investment trends

The 7th Gulf IntelligenceOman Energy Forum 2019

Oman Energy Transition:Turning Climate Change Challenges into Opportunities?

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The 7th Gulf IntelligenceOman Energy Forum 2019

Confirmed Speakers

Said MoulineChief Executive Officer

Energy Efficiency Moroccan Agency (AMEE)

Andrei MarcuManaging Director

European Roundtable on Climate & Sustainable

Transition

Dr. Yousef bin Hamed Al BalushiEconomic Specialist & Member

of the Oman 2040 Economy and Development Committee

Rasmi HamzehExecutive Director

Jordan Renewable Energy & Energy Efficiency Fund

Ministry of Energy & Mineral Resources, Jordan

Dr. Dominic EmeryVice President Group Strategic

PlanningBP

Abdullah MaghrabiSenior Engineer - Corporate

SustainabilitySABIC

Eng. Omar Al WahaibiCEO

Nama Holding Group

Myriem TouhamiProgram ManagerUN Environment

Dr. Firas Al AbduwaniFounder and CEO

Hussam Technology Company & Chairperson of the Small and Medium

Enterprises Committee Chamber of Commerce and Industry

Raoul RestucciManaging Director

Petroleum Development Oman

Dr. Saif Al-HiddabiAssistant Secretary General for

Research & ProgramsThe Research Council

Walid HadiCountry Chairman

Oman Shell

30+ Speakers

6Industry Roundtables

200+ Government &

C-Suite Decision Makers

4Breakfast Briefings

24 Hours of Professional

Networking

2Professional

Learning Seminars

The 7th Gulf IntelligenceOman Energy Forum 2019

Forum Structure

Forum in Numbers

SESSION A: Keynote Speeches/VIP Feature Interview/Q&A Session

Industry Roundtable 1

Industry Roundtable 2

Industry Roundtable 3

Industry Roundtable 4ROUNDTABLES: 11:30 - 1:00pm

9:00 - 11:00am

Breakfast Briefing 1

Breakfast Briefing 2

Breakfast Briefing 3

BP Leadership Roundtable Invite Only

BREAKFAST BRIEFINGS:

8:00 - 8:45am

THE 7th GULF INTELLIGENCE OMAN ENERGY FORUM – NOVEMBER 25th, 2019

11:00 - 11:30amCoffee & Networking

1:00 - 2:00pmLunch & Networking

PROFESSIONAL LEARNING SEMINARS: Seminar 1 Seminar 2 2:00 - 3:00pm

Prof. Dr. Oualid AliFuturist - Founder and President

FutureCitiesCouncil.org

Ahmed Al BarwaniHead of Office – Oman

Al Tamimi

Alena DiqueFounder, ONEOman

Member of UNctad Youth Network

20162015

January 2017

Oman Energy Master Plan 2040 – Progress report One Year On

November 2017

The 5th Gulf Intelligence Oman Energy Forum tackled the Topic of ‘The Future of Work and the Work of the Future’ in coordinance with the Oman Energy Master Plan 2040.

November 2017

Oman Energy Master Plan 2040 – Progress Report Two Years On

May 2018

The Oman EmployabilityIndex RoundtableBrought together an exclusive group of key stakeholders to brainstorm the criteria and parameters that will form the heart of the index.

Gulf Intelligence hosts Employability Index Seminars with PDO; with OOC; with OPAL

Q1 2017

Special Leadership Summit with H.E. Dr. Mohammed bin Hamad Al Rumhy, Minister of Oil and Gas in Oman

Q2 2017

Drafting of Oman Energy Industry & Academia R&D ProtocolNarrow the Gap between Industry & Academia to Establish Efficient R&D Partnerships

Q4 2016

Oman Energy Industry-Academia R&D Summit Action plan created from the reccomendations and solutions from The 2016 Oman Energy Industry-Academia R&D Summit & Whitepaper

Q2-Q4 2016

The Inaugural Occidental Oman Student Awards for the Advancement of Post-Graduate Education recognized four accomplished Winners (two, PhD, two Masters) at the Oman Energy-Industry Academia R&D Summit. The awards celebrate the country’s future academia and industry leaders who will contribute to developing and enhanced R&D ecosystem in Oman.

“It’s a very good piece of work, especially considering the participants that contributed. I think what will really help us is to make this piece of information available to the public”

– H.E. Dr. Mohammed Hamad Al Rumhy, Minister of Oil and Gas in Oman, comments on the Oman Energy Master Plan 2040 at the Special Leadership Briefing in Nov. 2016.

February 2018

The Leadership Summit brought together an exclusive group of senior stakeholders in Oman to be briefed on The Future of Work Action Plan. The senior leadership in attendance then ranked, in order of priority, the Top 10 Recommendations to be taken forward and implemented immediately.

Oman Energy Master Plan 2040 Progress & Implementation Timeline

May 2015

Gulf Intelligence meets with the Ministry of Oil and Gas in Oman

“We need a long term Oman Energy Master Plan that delivers recommendations and solutions that are aligned with All stakeholders from Industry, Academia, and Government” – Senior Government Official

Oct 2015

The 2015 OEF Industry Workshop

Two hundred national & international stakeholders from the Oman energy industry, and its associated ecosystem from academia, government, international organizations and the private sector gathered to answer the question: What does Oman need to do to ensure that it is still a significant Oil & Gas producer in the year 2040?

The answers revolved around five streams of study:1. Energy Supply2. Energy Demand3. R&D 4. Labour5. Water-Food-Energy Nexus

Jan 2016

Oman Energy Master Plan 2040 – Draft Report PublishedThe top three recommendations harvested from the OEF Industry Workshop for each of the key energy challenges addressed form the heart of the Oman Energy Master Plan 2040.

LABOUR – THE FUTURE OF WORKTimeline

Q4 2018

The 6th Gulf Intelligence Oman Energy Forum tackled the theme of How to Power Oman’s Energy Transition Plan for the Future?

February 2019

The Leadership Summit brought together an exclusive group of senior stakeholders in Oman to be briefed on The Oman Energy Transition Action Plan. The senior leadership in attendance then ranked, in order of priority, the Top 10 Recommendations to be taken forward and implemented immediately.

November 2019

The 7th Gulf Intelligence Oman Energy Forum will tackle Oman’s Energy Transition: Turning Climate Change Challenges Into Opportunities?

2017 2018 2019

Gulf Intelligence Oman Energy Forum 2017November 28th | 8:00AM | Grand Hyatt, Muscat | Oman

The Future of Work & the Work of the Future in the 4th Industrial Revolution?

Thegulfintelligence.com

The CommemoraTive 5th anniversary

C: 100M: 44Y: 0K: 33

R: 0B: 87G: 143

Hex: #00578F

C: 62M: 12Y: 0K: 0

R: 78B: 179G: 229

Hex: #4EB3E5

Oman Energy Transition Leadership SummitSpecial Report: ACTION PLAN

2019

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ENERGY TRANSITIONTimeline

May 2018

The Future of Work Action Plan captured the key recommendations that emerged from the Oman Energy Forum brainstorming sessions.

Q1 2016

Gulf Intelligence meets with Sultan Qaboos University and The Research Council to discuss the next steps in pushing forward the top R&D recommendation from the Oman Energy Master Plan 2040 which is “Align Academia and Industry in the Delivery of an Enhanced R&D Ecosystem in Oman.”

Timeline

Q3-Q4 2017

Ratifcation of Oman Energy Industry & Academia R&D Protocol40+ Institutions ratify The 2017 Oman Energy Industry-Academia R&D Protocol in an effort to build a vibrant research ecosystem within the country that can deliver the solutions that the energy industry requires to sustain output through to 2040 and beyond.

Q1-Q2 2018

Implementation of Oman Energy Industry & Academia R&D Protocol

Q3 2018

Research Project Implemented: Oman Energy Industry & Academia R&D ProtocolFour research agreemenet to boost R&D collaboration between Industry &

Q2-Q3 2018

Tanfeedh Energy LabOman’s first Institute of Oil and Gas, Tanfeedh labs on energy, mining inaugurated.

The 7th Gulf Intelligence Oman Energy Forum 2019November 25th | Grand Millennium Muscat | Oman

Oman Energy Transition: Turning Climate Change Challenges into Opportunities?

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International Petroleum Week26-28 February 2019, Intercontinental Park Lane, London

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Academia in Oman signed between the Ejaad platform, Sultan Qaboos University and Petroleum Development Oman.

The 7th Gulf IntelligenceOman Energy Forum 2019

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The 7th Gulf IntelligenceOman Energy Forum 2019

About Gulf Intelligence

“We Facilitate Knowledge Exchange”Gulf Intelligence is a strategic communications & research firm effective across the full value-chain of the Middle East Energy Sector. We facilitate knowledge exchange and advance the business interests of national and international stakeholders operational in the regional industry.

ACTION PLAN INDUSTRY TO EXECUTE

OMAN ENERGY MASTER PLAN 2040How to Accelerate Oman’s Energy Transition?

Harvested from the Oman Energy Forum 2018RECEIVED SUPPORT LETTER FROM MOG

CHAMPION SUPPORT IMPLEMENTATION UNDERWAY

1. APPRENTICESHIP: Develop an apprenticeship program in partnership with industry in energy savings technologies for the Construction Industry.

2. CATEGORIZE & SUPPORT SMEs: Omani companies should broaden the tender process to faciliate SMEs which are an integral part of affordably and efficiently achieving success in Oman’s energy transition -- support can be provided via on-the-job training (i.e. ‘shadow SMEs’ for a large company completing a tender) and in the categorization of SMEs’ capabilities.

3. NURTURE LOCAL SUPPLY-CHAIN CHAMPIONS: Bolster the respect and prestige associated with the wider local supply chain to encourage sustainable growth, including enhanced training, reducing the brain drain & boost commercial confidence.

4. COLLABORATION AMONG INDUSTRY STAKEHOLDERS: Accurately monitoring and responding to supply-demand balances requires cohesion among industry stakeholders; even more so amid the shifting sands of the energy transition.

5. REPLICATE LESSONS LEARNED IN OIL AND GAS: Many successful techniques to engage and grow the local supply chain have trialed and tested in the fossil fuels market. Do not reinvent the wheel; apply success stories to lower-carbon growth.

6. ADVOCATE VOCATIONAL TRAINING: Pairing a strong academic knowledge base with vocational training means university leavers can apply classroom knowledge directly to a project more effectively. Such efficiency will prove vital in SMEs’ ability to not only successfully compete for bigger tenders, but also support the sultanate’s energy security. The intellectual gap between theoretical and practical skills must narrow.

7. INTERNSHIPS - HARNESS LOCAL TALENT: People matter - investing in local capabilities will pay off. This broad spectrum encompasses better alignment between industry and academia, such as ensuring longer-term internships in the winter and not summer months.

8. BUILD IN-COUNTRY R&D: Undertaking applied research project on solar panel efficiency to maximize the opportunity for rooftop solar in Oman. Building in-country R&D capabilities for wind and solar will allow SMEs to grab the opportunity presented by the inherent demand in Oman and build the economic supply-chain.

9. LEVERAGE DIGITAL TOOLS: Digitalization & technologies can be leveraged more coherently to have a greater enabling role. Such tools are key in achieving scalability in the transition, such as when renewables will inevitably account for more than 15% of the overall grid. The same applies to creating a digital cloud to incentivize more FDI, therefore enabling a greater flow of ideas and funds to drive the energy transition.

10.  DRIVE PUBLIC AWARENESS ON TRANSITION: The mindset on energy transition still needs to shift – industry should work with the government to build general awareness of energy efficiency so that this is instinctively translated into measures taken across the economy and within households.

GUTECH

GUTECH

PDO

PDO

PDO&

MUSCAT UNIVERSITY

PDO

PDO

Shell

Shell

OPAL

OOCEP

BP

OPAL

ISHRAQ

OCCI

OOCEP

OMAN LNG

& MUSCAT

UNIVERSITY

TOP !0 RECOMMENDATIONS

OMAN LNG

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