Richard Ward

Richard Ward joined Weatherford in 2024 and brings over three decades of international expertise in managing large-scale oilfield operations and effectively leading teams in oilfield services. His experience guiding corporate strategy teams across industrial sectors and geographical boundaries positions him to add significant value as we pursue growth opportunities and navigate the dynamic industry landscape. After receiving a BS in Geology from London University, Richard joined Baker Hughes, where he spent his career before joining Weatherford. Most recently, he served as Senior Vice President of Subsea Production Systems and, throughout his tenure, held leadership roles in the US, Europe, the Middle East, and Asia.

Session Overview

Monday, 4 November

15:15

15:15 - 16:15

Optimising operations to advance decarbonisation: a digital and cultural shift

The operating environment for energy-related stakeholders is rapidly evolving, with increasing pressure for transparency and accountability around emissions, sustainability metrics, and net-zero progress. By adopting a digital-first mindset, that leverages data analytics and emerging technologies, and fostering a culture of innovation and collaboration, organisations can optimise operations for decarbonisation and contribute to a sustainable future. However, there are challenges in leveraging operational excellence including establishing accurate emissions baselines, accounting for value chain emissions, aligning incentives, and engaging the entire organisation in decarbonisation efforts. Overcoming these challenges requires companies to take a holistic, collaborative approach that embeds decarbonisation into their core operating model and gives it the same importance as improving efficiencies and reducing costs.

Attendee insights:

Understand the role of digital technologies and cultural integration in optimising operations for reduced emissions and impactful decarbonisation.