Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE

تحت رعاية صاحب السمو الشيخ محمد بن زايد آل نهيان، رئيس دولة الإمارات العربية المتحدة

Supported by

Saamir Elshihabi

EVP, LCV Strategy

Oxy Low Carbon Ventures

Saamir
Saamir

Saamir Elshihabi is the Executive Vice President, LCV Strategy at Oxy Low Carbon Ventures, a subsidiary of Occidental Petroleum Corporation. He started this position in July 2024. Mr. Elshihabi is based in Houston and has been with Occidental since 2004. He supports Oxy’s low carbon developments through strategic engagements with partners and policy makers. Previously, Mr. Elshihabi was seconded to the COP28 Presidency in the United Arab Emirates and held the role of Principal Lead for Energy Transition, where he was responsible for development and implementation of the energy action agenda at COP28 in Dubai. Prior to these roles, Mr. Elshihabi was responsible for management oversight and transition of the upstream business units in Africa acquired during the Anadarko acquisition. He led the successful divestment of the Mozambique, South Africa and Ghana business units, and new contract negotiations in Algeria. Mr. Elshihabi started his career in the legal department of Occidental and reached the position of Associate General Counsel for Upstream. In this position, Mr. Elshihabi was the senior lawyer responsible for all legal matters affecting the company’s worldwide upstream oil & gas businesses, including operations, government and private-sector partnerships, international business development and procurement & contracting. Mr. Elshihabi holds a Juris Doctor from Columbia Law School, New York where he was a James Kent Scholar and Harlan Fiske Stone Scholar, as well as the recipient of the Parker School Achievement Award for Excellence in International and Comparative Law. He also holds a Bachelor of Science in Mathematics and International Business Management from Trinity University, Texas. Mr. Elshihabi was a U.S. Fulbright Fellow to the United Arab Emirates in 1995-1996.

Session Overview
Tuesday, 4 November
15:20
Finance & Investment Conference Room B 15:20 - 16:05
Capital at the crossroads: investing for a diversified energy future

As the global energy sector grapples with the demands of the energy trilemma, delivering sustainability, ensuring security, and maintaining profitability, capital allocation has become a high-stakes balancing act. Investors are seeking strong returns, governments are enforcing decarbonisation mandates, and consumers expect uninterrupted, affordable energy. Gone are the days of binary choices between fossil fuels and renewables. Today’s energy leaders must craft diversified investment strategies that are resilient to geopolitical volatility, regulatory shifts, and rapid technological change. Natural gas and LNG, clean hydrogen, battery storage, and carbon capture are among the possible investment pathways where capital is being deployed.

Attendee insights:

During this Executive Boardroom Session, leasing energy executives and investors will discuss how the demands of the energy trilemma are influencing capital allocation for an increasingly diverse energy mix.

Tuesday, 5 November

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