OTC Asia 2016 - The Next Wave

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Kuala Lumpur, Malaysia | 22 - 25 March 2016

The Next Wave

0830-1730 hours l Monday, 21 March
 

The Next Wave is a programme for energy professionals under the age of 35 or with less than 10 years working experience in the oil and gas industry. This programme offers participants an opportunity to network with seasoned professionals, learn about pressing challenges and opportunities in the industry, and receive guidance on how to make the most of their careers.

The theme of the inaugural The Next Wave is "Addressing Career Challenges in an Uncertain & Dynamic Energy Landscape", more information on the topics to be covered and discussed can be found below. 

    

   Sponsored by ExxonMobil

 

Programme

0830–0900
0900–0910
0910–1010

1010–1040
1040–1100
1100–1230
1230–1400
1400–1530
1530–1600
1600–1730

Registration & Welcome Coffee
Welcome & Introductions
Keynote Remarks by Dato' Wee Yiaw Hin, Executive Vice President & CEO, Upstream, PETRONAS
Ice Breaker
Coffee Break
Roundtable Breakout Discussions
Luncheon
Panel Session
Closing Remarks
Networking Reception

 

Addressing Career Challenges in an Uncertain & Dynamic Energy Landscape

In 2014, the balance of Energy supply and demand coincided with geopolitical factors and changing market competitive forces to create an epic decline of over 55% of peak oil pricing.

Unlike other Energy Industry downturns, this current cycle has been unpredictable with significant excess global capacity, the USA becoming a global net exporter of shale gas and OPEC’s (Organization of the Petroleum Exporting Countries) inability to regulate pricing or control USA’s unconventional resource supply. Experts cannot forecast with certainty when the downturn will end, or the price fluctuations nor the new “normal” price of oil, and finally what competitive forces will be at play in the industry going forward. In effect, it could appear that the business case of the Energy Industry has entered a new era, or has it not?

The global Energy Industry has gone through a layoff of talent. Training, development and hiring plans have been delayed or cancelled due to cost management. What challenges does this pose for Young Professionals (YPs) in the Energy industry and those who were planning to join?

As rig count declined and projects were postponed or cancelled, the new dynamics have brought about great opportunity for Innovation, Efficiency, Technology advancement and entrants of Mergers and Acquisitions. Several companies are reportedly working on cross platform solutions and cost reductions through supply chain and procurement. These new strategies are opening up new opportunities for YPs in the Energy industry. How should YPs prepare themselves to succeed and take advantage of these new opportunities?

The education and skill sets of YPs will have to consider future careers in shale gas and unconventional resources, and careers that will leverage the advancing digital and internet age to drive solutions for the Energy industry, and lastly potential increase of careers in the electrical and alternative energy as part of the traditional Energy Industry.

Given these factors, The Next Wave (TNW) of Energy Industry’s leaders who are today YPs have current market challenges to navigate, they might be facing new career dynamics and may require different skill sets from previous generations of Energy industry leaders.

With this new landscape in mind, the 2016 TNW Asia program aims to provide a blueprint for how YPs can understand the new economics and market forces to support them in achieving successful and sustainable careers, whilst ensuring they are able to adapt to the current uncertain business environment. Panel discussions will focus on the emerging trends in the global Energy Industry to provide TNW Asia participants with an appreciation of recent events and support them in building their competitive edge in the Energy Industry workforce.

Our Sponsors
  • Baker Hughes
    Conference Bottled Water
  • ConocoPhillips
    Conference Umbrellas
  • ExxonMobil
    The Next Wave & High School Student STEM Event
  • Frank's International
    Ice Cream Social - Day 3
  • Halliburton
    Ice Cream Social - Day 1 & 2
  • MIDA
    Principal Sponsor
  • MISC Berhad
    Topical Luncheon - Day 2
  • Mubadala Petroleum
    Topical Luncheon - Day 2
  • Murphy Oil
    Coffee/ Tea Breaks - Day 2
  • OceanMight Sdn Bhd
    Sponsor
  • Peak Well Systems
    Sponsor
  • Petrofac Energy Developments Sdn Bhd
    Writing Pads
  • Petronas
    Corporate Supporting Organisation
  • Prince Court Medical Centre
    Conference Medical Provider
  • PTTEP
    Conference Map & Exhibitor Catalogue
  • Repsol
    Audio Visual Equipment + Knowledge Sharing Sessions (ePosters)
  • SapuraKencana Petroleum Berhad
    Escalator Runners
  • Shell
    Principal Sponsor
  • Technip
    Directional Signage
  • Wood Group Mustang Inc
    Cell Phone Charging Station
  • Woodside Energy Ltd
    Topical Luncheon - Day 3