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Key details

27 Feb 2024

About the event

EIC and Asharqia Chamber are delighted to announce our first physical KSA Connect event taking place in Al Khobar on Tuesday 27th February 2024.

The Kingdom of Saudi Arabia (KSA) plays a pivotal role in the global energy landscape, accounting for 15% of the world's proven oil reserves and hosting the largest onshore and offshore oil fields, in Ghawar and Safaniya. In 2022, the Kingdom secured its position as the third-highest crude oil and condensate producer, with an impressive 10.4 million b/d. Not only was it the world's leading crude oil exporter, but also OPEC's top crude oil producer in the same year.

Saudi Aramco, the world's largest energy company, is set to expand its sustainable crude oil production capacity by an estimated 1 million b/d, reaching 13 million b/d by 2027. Ambitious projects for the Safaniya, Zuluf, Marjan, and Berri oil fields are all expected to drive this growth.

In alignment with the forward-thinking Vision 2030, the Kingdom is fostering extensive renewable energy projects, aiming for renewables to constitute approximately 50% of its energy mix. This commitment reflects Saudi Arabia's larger goal of achieving net-zero emissions by 2060. The Kingdom's plans also include the construction of one of the world's largest green hydrogen facilities, operational by 2025 and powered by over 4GW of solar and wind energy.

This exclusive event will convene key national operators, EPC contractors, and developers, providing a unique platform to explore opportunities across the entire energy spectrum in KSA. In addition to offering insights into the current market, the event will feature supply chain briefings on present opportunities. Whether you are new to the market or considering exports for the first time, KSA Connect will guide you through the necessary steps for successful business undertakings in KSA.

At KSA Connect, you can anticipate:

  • In-depth insights into upcoming projects in the region
  • A comprehensive understanding of the energy sector within KSA
  • Engaging company presentations and networking opportunities with industry leaders

Don't miss this exceptional event that promises valuable knowledge and networking for all participants. Join us at KSA Connect to explore the boundless opportunities within the Kingdom's thriving energy sector.

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