Highlights from IHS CERAWeek 2013
08 May 2013
ERM was the Sustainability Partner at IHS CERAWeek for the third year running. CERAWeek is the leading gathering of senior energy decision-makers from around world. This event had presentations from over 300 speakers — including senior industry executives, government officials and thought leaders — on the changing energy playing field. It offered insight into emerging themes in global energy – and how markets, geopolitics and technologies are changing the game for producers, consumers and policy-makers. Economic austerity and regulatory uncertainty further compounds the risks as the industry seeks to invest to meet future energy needs. At the same time the global unconventional oil and gas revolution is shifting the competitive landscape for industrial production and demand. The conference explored some of the challenges and opportunities that lie ahead for oil, natural gas, coal, renewables, and nuclear power—including what the investment landscape looks like today.
Why is ERM the Sustainability Partner for CERA Week?
For ERM, sustainability is a commitment to support socio-economic development that meets the requirements of the present without compromising the ability of future generations to meet their own needs. Through the work that we do, we will be incorporating the lessons we learn and the approaches we develop for the benefit of our clients through our market offerings. This will not only help us protect our planet, its resources and communities, but also help our clients create business value through meeting the challenges of operating more sustainably.
At this event last year we heard from CEO after CEO that we were in the midst of a once-in-a-career opportunity to find, produce, and use abundant, cleaner-burning natural gas in our energy mix. These same CEOs also spoke to the need to be transparent with their stakeholders, ensure the safety of people working in and around their industry, and protect the environment.
This year, the discussions went deeper into the sustainability agenda which gave us a unique opportunity to provide input. During this year’s conference ERM’s experts provided thought leadership on a range of issues including community issues surrounding unconventional resource development, how we identify and address the non-technical risks that are slowing down the delivery of capital projects, the strategies and practicalities in pursuing operational excellence, and the impact of oil & gas finds in the socio-economic development of Africa.
This document is our top line view of some key themes and observations we saw and highlights some of the insights we contributed. While this is not meant to be an exhaustive summary, I hope it helps stimulate some thoughts for you and we would be happy to discuss any of these with you further.
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