خـمـيس جــمعة بوعميم Khamis Juma Bu Amim

1. خـمـيس جــمعة بوعميمKhamis Juma Bu Amim Former VP Dubai Petroleum Company (conocophillips) Senior MENA Region Advisor (global energy) President & CEO Regional Clean Sea Organization Member of the International Panel on: “Interconnected Challenges of Climate Change, Energy Security, Ecosystem and Water”. Chairman of Offshore Arabia 2009 Conference – Dubai Chairman of Asia Oil and Gas show 2009 Conference - Seoul ceo@recso.org kjb2008

2. Sustaining an IT Governance CultureAligning IT and Business- Oil Industry IT Energy -enhancing thefuture 23-November 2008, Hotel Park Hyatt, Dubai kjb2008

3. Resources Management kjb2008

4. The Oil industry NATURAL RESOURCES • Sound management and Ops. • Oil Price Outlook. • IT is an ENABLER to Achieve Strategic Goals • Market Reach. (Globalization) • Diversification / Collaboration • Geopolitical. • High Return / value adding. • Current Financial issues. • Market conditions. • Economical / Financial Reform. • Natural Disaster. • Global Slowdown. • Environmental Issues. NATIONAL income DEMAND Global needs Integration & Economic Synergies kjb2008

5. Re-Focus Capital – the IT shift Oil & Gas Ops. Exploration/ Engineering IT GOVERNANCE HR/ Other Services Logistics & Distribution • Strength of the oil industry evolves around structured pillars and they are: • Strong vision/management tools/production, • Human Resources and skills, • Knowledge base and innovation, • corporate good governance, • change culture, core values, Capital Allocation A sound oil Company kjb2008

6. Energy Diversification To maximize value of change, the structure shall consider the following objectives: • Expand and promote innovative technology idea’s.. • Industry mix (sectored diversification). • Strategic investments. • Institutional and business dignities (corporate governance) • New Guidelines and Reforms. • Resources Management Color enriches corporate value Diversification adds color to business N.B. Balanced distribution of regional weighting must be maintained at its optimum level. kjb2008

7. IT Strategy with the Business Strategy • Building strategies and long term potentials • Safety, health,Environment, quality excellence (HSEQ), and business goals. • Provided and created radical change in the production management and enhanced well production, reduction of non-productive time. • Integrating technology to support business initiatives and common policy towards the global energy market • Technology (hardware, software, and services), including key applications such as exploration, production, energy trading, risk management. • IT support model: Reduce costs, improve availability and reduce cycle times of infrastructure services. • Enhancing the process of decision-making and the process by which decisions are implemented. kjb2008

8. Strategy • Opportunities • Success Factors • Capabilities kjb2008

9. Energy for Tomorrow A secured future for energy depends on how energy is developed and used today. With shifting supply and demand, trends in energy and changing fuel prices, countries need to build collaborative synergies to minimize future impact and expand cooperation to secure tomorrow’s energy solutions. • Expand Resource base,Creative IT and business alignment,promote an innovative technology solutions for energy and environmental conservation programs. kjb2008

10. Oil & Gas • Solar • Ocean • Wind • Refining and Petrochemical • Human Resources • Total IT alignment is a must kjb2008

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12. World Energy Demand/Mix by Fuel Type (mtoe) kjb2008

13. Environmental Audit • Environmental audits are systematic and objective assessments of the environmental status and performance. This cannot be achieved without extensive IT technologies tools. • A valuable management tool which can be used to identify and assess environmental problems, and initiate corrective actions which ensure compliance with applicable environmental laws and regulations and internal management policies and practices. • Environmental audits are a critical and positive component of a comprehensive environmental management program. Public policy makers and environmental professionals should support environmental policies which recognize the beneficial role of environmental auditing. kjb2008

14. Oil Spill Location kjb2008

15. Oil Spill Location kjb2008

16. Location of Spill Jabel Ali kjb2008

17. Location of Spill Jabel Ali kjb2008

18. Location of Spill Jabel Ali kjb2008

19. Location of Spill Jabel Ali kjb2008

20. Concluding Remarks • We need to build on what we have achieved and create opportunities for the future. Must think of value rather than volume. • Increase effectiveness of IT investments in alignment with corporate strategy to improve company’s competitive position. Assess strengths, weaknesses, threats and opportunities. Manage risks and impact on the organization. • Effective corporate governance should ensure that IT projects are aligned to corporate objectives and that IT expenditure is appropriate for the business requirements.  • Responsible corporate governance and IT management generally understand, direct and manage the IT governance and information security efforts within their organization.  • We need to redirect our investment into energy and environmental projects to ensure innovation and social development. • Appreciate the key role of energy in supporting the three pillars of sustainable development (social, economical and the protection of the environment), think of the enabler the Information Technology. • The pressing need to create opportunities for our emerging youth. kjb2008

21. Thank youشكراً kjb2008 www.recso.orq www.offshorearabia.ae