RIYADH - Under the patronage of His Royal Highness, Prince Muhammad bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense, the Kingdom will host the Kingdom, starting from this evening, Sunday, February 20, 2022 AD; The 2022 International Conference on Petroleum Technology, in which experts and stakeholders from 70 countries and more than 300 international companies will participate, and includes 107 technical sessions, in which more than 800 scientific papers are presented.

On behalf of His Highness the Crown Prince, His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, will open the conference, which will be held at the Riyadh International Convention and Exhibition Center, and this year focuses on the topic of promoting global recovery through sustainable energy, in which senior leaders of the energy sector will discuss In the region and the world, shared and shared visions about the latest developments and trends in the energy fields, and current and emerging technologies that will shape the future of the energy sector.

The conference will begin with holding a ministerial session, today, Sunday, on the main theme of the conference, which is “Promoting global recovery through sustainable energy”, in which His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, and His Excellency the Minister of Energy and Infrastructure in the United Arab Emirates, Mr. Suhail, will participate. Mohammed Al Mazrouei, Kuwaiti Oil Minister Dr. Muhammad Abdul Latif Al-Faris, Bahraini Oil Minister Sheikh Mohammed bin Khalifa Al Khalifa, Iraqi Oil Minister Ihsan Ismail, and Egyptian Minister of Petroleum and Mineral Resources Tariq Al Mulla.

Tomorrow, Monday morning, His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, will open the exhibition accompanying the conference, and the conference sessions will begin with a discussion on the role played by major oil companies, and the petroleum industry in general, in leading global recovery for the future. Sustainable, followed by a panel discussion in which speakers discuss ways to deal with the constant movement witnessed by global markets. The sessions of this day conclude with a symposium to discuss the transformations taking place in the energy sector towards achieving a sustainable and economically viable future.

The third day will witness a symposium on the circular economy of carbon and related policies and legislation, with the aim of making gains for all concerned parties, followed by a panel discussion on the technologies of the Fourth Industrial Revolution.

On the last day, a panel discussion will be held on the importance of building resilience, responsiveness, and recovery in the midst of changes in the oil industry and its global markets.

A number of presidents and executives from major petroleum companies, companies operating in the petroleum industry, and relevant international institutions will participate in these sessions and seminars.

The conference will host speakers from the world's most prominent figures in the sector, such as the President of Saudi Aramco and its Chief Executive Officer Eng. Amin Nasser, President of Malaysian Petronas Corporation, Tunku Muhammad Tawfiq, CEO of Schlumberger Olivier Le Bosch, President of Occidental Petroleum Vicki Hollop, and CEO of Pioneer Natural Resources, Scott Sheffield and others.

It is noteworthy that the International Petroleum Technology Conference, launched in 2005, is an annual international conference and exhibition for oil and gas, which discusses the main technologies and issues facing energy sector professionals around the world.

The conference is being held this year during a phase in which the energy sector in the Kingdom is undergoing a fundamental transformation, represented by the launch of several programs to achieve the objectives of the Kingdom's Vision 2030, and initiatives focused on diversifying the national energy mix, promoting investment in renewable energy, and various programs such as the sustainability of oil demand and the circular economy. carbon, hydrogen production, rationalization and energy efficiency, investment of artificial intelligence in the energy sector, in addition to implementing giant projects in the fields of oil and gas to meet global demand and enhance energy security.