Mashal Al Kindi

Mashal Saoud Al Kindi joined TA’ZIZ as Chief Executive Officer in February, 2023. He is a leader in the UAE’s oil and gas sector, with over 15 years of senior management across ADNOC’s Executive Office, Upstream, and Downstream Industry Trading & Marketing directorates. Mashal’s prior experience includes the establishment of joint ventures, as well as the spearheading of corporate management and business transformation across several ADNOC group companies. He brings a wealth of experience in major capital projects, portfolio management, governance and corporate planning. Mashal holds a Bachelor of Science in Mechanical Engineering and a Master of Project Management.

Session Overview

Wednesday, 5 November

12:00

Global strategy ICC Hall A 12:00 - 12:40

Long-term strategies for transforming downstream portfolios

The downstream industry is undergoing a rapid and strategic transformation, driven by evolving market dynamics, technological advancements, and shifting regulatory frameworks. Portfolio rebalancing in conjunction with increased operational efficiency and strategic investments creates pragmatic pathways to decarbonisation and profitability.

Beyond prioritising high-performing assets, visionary energy companies are combining refining and chemicals operations (a crude-to-chemicals model) to enhance operational efficiency and unleash new value streams. In addition to rationalising refining capacity in certain regions, companies are also exploring diversification into low-carbon solutions such as biofuels, renewables, hydrogen, ammonia and investing further into chemicals.

Long-term portfolio strategies, focusing on 5- and 10-year strategies, are essential to unlocking future opportunities that drive shared prosperity while advancing a resilient, low-carbon, high-growth future.

Attendee insights:

Gain insights from downstream industry CEOs on their diversification strategies and how this evolving business model enables greater investment in new industries, drives portfolio expansion and attracts new customers, clients, and products.