Riyadh, February 20, 2022, SPA -- Under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense, the Kingdom of Saudi Arabia on Sunday night is scheduled to host the International Petroleum Technology Conference (IPTC) 2022, which will attract experts and interested people from 70 countries and more than 300 global companies through 107 technological sessions with more than 800 scientific papers. Deputizing for HRH the Crown Prince, Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, is scheduled to inaugurate the conference that will be held at Riyadh International Convention and Exhibition Centre. This year’s conference will focus on enhancing global recovery through sustainable energy, where senior leaders of the energy sector in the region and the world will discuss joint visions and exchange talks on the latest developments and trends in energy fields and current and emerging technologies that will form the future of the energy sector. The conference kicks off with a ministerial session on Sunday on the main theme of the conference “Fuelling Global Recovery through Sustainable Energy”, which will see the participation of Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy; UAE Minister of Energy and Infrastructure, Suhail Al-Mazrouei; Kuwaiti Minister of Oil, Mohammad Abdul Latif Al-Fares; Bahraini Minister of Oil, Mohammed bin Khalifa bin Ahmed Al Khalifa; Iraqi Minister of Oil, Ihsan Abdul Jabbar Ismail; and Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla. On Monday morning, Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy is planned to inaugurate the exhibition accompanying the conference. The conference sessions will also embark on a discussion about the role of major petroleum companies and the petroleum industries in general in leading the global recovery for a sustainable future. Later on, a discussion panel will be held, where speakers will discuss methods of dealing with the permanent movement witnessed by global markets. The day sessions will conclude with a symposium that will discuss transformations witnessed by the energy sector towards realizing a sustainable future that is economically profitable. The third day will witness a symposium on the Circular Carbon Economy and Policies: Achieving Win-Win, which will be followed by a discussion panel on the technologies of the fourth industrial revolution. On the final day, a panel session will be held to discuss the importance of agility and resilience in the midst of change that are witnessed by the petroleum industry and its global markets. These sessions and panels will see the participation of presidents and executive officers of major petroleum companies and companies working in the petroleum industry and relevant international institutions. The conference will host speakers of top global figures in the sector, such as President and CEO of Saudi Aramco Amin H. Nasser, President and Group CEO of Malaysian PETRONAS Tengku Muhammad Taufik, CEO of Schlumberger Olivier Le Peuch, President and CEO of Occidental Petroleum Vicki Hollub, and CEO of Pioneer Natural Resources Scott D. Sheffield, among others. Founded in 2005, the International Petroleum Technology Conference (IPTC) is the flagship multidisciplinary technical event in the Eastern Hemisphere. The scope of the conference program and associated industry activities address technology and relevant industry issues that challenge industry specialists and management around the world. The conference is held this year during an era that the energy sector in the Kingdom of Saudi Arabia is going through a drastic change that can be seen through launching several programs to realize the targets of the Saudi Vision 2030, and initiatives that focus on diversifying the national energy mix and enhancing investments in the renewable energy, as well as diversified programs, such as the sustainability of demand on petroleum, carbon circular economy, producing hydrogen, rationalizing and efficiency of energy, investing in artificial intelligence in the energy sector, in addition to implementing mega projects in the fields of petroleum and gas to meet the global demand and enhance energy security. --SPA 14:47 LOCAL TIME 11:47 GMT 0007 www.spa.gov.sa/w1693944