The panel homed in on the issue of negative perceptions outside the oil and gas industry, and the lack of awareness for how engaged O&G companies are in achieving environmental goals. This can impact fund investment interest and capital availability for new projects. The reality is that 80% of energy is still dependent on O&G, so the industry has to communicate and change perceptions so investors continue supporting the O&G industry.
One shouldn’t forget the lessons learned when times are difficult. When times get better, what we’ve learned in those years should be remembered.
John Elkann, Chairman & CEO EXOR N.V.
Talent was another key topic. Panelists recognize that the brightest minds are attracted to challenges and excitement, and that they need to believe in the future. The industry’s excitement must be conveyed outside, and O&G companies should target the same spaces as tech companies when recruiting talent.
Oil and gas industry seen as dirty. Perception needs to change. Committed to targets but have to do it collectively.
Amjad Bseisu, CEO, EnQuest PLC