Energy is a vital element in our life. Not only is it an enabler for economic development, it improves living standards and fuels growth as well. With the expanding population and world economy, the global energy demand is expected to increase. This will require us to provide not just energy, but also cleaner energy as we transition to a world with a lower carbon footprint. The adoption of the “Sustainable Development Goals (SDG)” and “The Paris Agreement” on Climate Change are two ground-breaking world-agreements aimed at setting a new direction for an energy revolution across the globe. Energy is key to sustaining development, while sustainable development requires sustainable energy. Sustainable development is development that meets the needs of the present without compromising future generations to meet their needs. And this requires a cleaner and more efficient energy mix today.
An increasing number of International Oil Companies (IOCs) are taking initiatives to collaborate with local authorities in diversifying their businesses in new or alternative energy. The driving force for the industry to rethink its strategies is not just from the low oil price in recent years, but also due to rising global demand for cleaner energy. As the industry aspires to deliver sustainable energy, what are the challenges the industry must overcome? How can current and future energy leaders reinvent the industry framework to provide solutions and move beyond the current boundaries to accommodate increasing energy demand?
In the process of achieving energy efficiency, the pursuit of technological innovations (i.e. digitalization, artificial intelligence, etc.) have also led to new opportunities. As the energy industry transforms, professionals at all levels are also expected to advance and position themselves in the new business framework. How do Young Professionals (YPs) maximize their potential in this changing energy landscape and embrace these new opportunities? What is the roadmap to ensure a successful career in the energy industry?
The Next Wave program at OTC Asia 2020 invites Young Professionals to learn more about the way forward of the energy industry. The keynote and panel sessions will provide an enriching platform for participants to engage in industry and career related discussions with seasoned energy leaders, as well as exchange ideas with like-minded peers.