APAC – 2020

Our APAC Virtual Annual Summit agenda has now been finalized. The full agenda with speakers can be found below. Please kindly note that Client User Meeting is postponed until further notice.

2020 APAC Virtual Annual Summit

Thursday, September 17, 2020, 12:00 - 14:00 Singapore Standard Time


Time - SGTPresentation
12:00 – 12:20 Opening: Covid-19 update and market outlook & Energy Transition
Jarand Rystad, Founding Partner and CEO, Rystad Energy
12:20 – 12:40Oil market macro view
Bjørnar Tonhaugen, Head of Oil Market Research, Rystad Energy
12:40 – 13:00Panel discussion: Investor landscape
Jarand Rystad, Founding Partner and CEO, Rystad Energy
Jon Fredrik Müller, Partner and Head of Consulting, Asia Pacific, Rystad Energy
Gero Farruggio, Head of Australia and Global Head of Renewables, Rystad Energy
Xi Nan, Vice President, Analyst, Gas and Power Market Research, Rystad Energy
Moderator: Vijay Krishnan, Partner and Head of Asia Pacific, Rystad Energy

Breakout Session 1: Oil & Gas

Time - SGTPresentation
13:00 – 13:20M&A Upstream
• Key trends in the upstream M&A market
• Drivers behind acquisitions and divestments
• Key assets on the market
• Dashboard overview
Ranjan Saxena, M&A Analyst, Rystad Energy
13:20 – 13:40Making Cents from COVID’s Cost Compression
• The current challenge of cutting costs
• Evolving execution in a dynamic market
• Contracting today’s risk to save tomorrow’s cost
Matthew Fitzsimmons, Vice President, Energy Service, Rystad Energy

Breakout Session 2: Energy Transition

Time - SGTPresentation
13:00 – 13:20The role of gas in energy transition: a transition or foundation fuel?
• Gas and LNG market review
• Post COVID gas demand in Asia
• Energy transition in Asia – coal, gas and renewables
Xi Nan, Vice President, Analyst, Gas and Power Market Research, Rystad Energy
13:20 – 13:40How the supply chain takes on the 2020s energy service market
• What is the outlook for the service market post COVID-19?
• The emerging need for digital and automation services
• How suppliers are diversifying into greener energy markets
Lin Lin Goh, Analyst, Energy Service, Rystad Energy


13:40 – 14:00Big Oil: From Supermajor to Supercharger & Closing Remarks
• Can E&P companies achieve their renewables targets?
• Hydrogen wars – will E&P firms dominate renewable exports?
• Crude strategies – we look at the emerging technologies of choice
Gero Farruggio, Head of Australia and Global Head of Renewables, Rystad Energy


Jarand Rystad — Managing Partner and CEO

Jarand founded Rystad Energy in 2004 and is managing the company. Jarand has extensive experience in oil and gas strategy advisory work from McKinsey and Rystad Energy. He has led a number of strategy projects for international oil and gas companies and oilfield service companies. He has also worked with governments and international organizations on topics related to the global energy agenda, and he is advising investors on deal screening, transactions and portfolio management. He is among the most cited petroleum analysts in the industry and been the keynote speaker on numerous international conferences. His areas of expertise include E&P strategy, asset and company transactions, macro analysis and oil service industry analysis. Jarand has also worked for Kvaerner Engineering and as a research scientist within Industrial Economics, gaining wide expertise in statistics and programming. Jarand holds a M.Sc. degree in Physics from the Norwegian University of Science and Technology, where he majored with a thesis on astroseismology. He also has an academic background in philosophy, and has been the leader and founder of various organizations.

Bjørnar Tonhaugen — Partner and Head of Oil Market Research

Bjørnar is the Head of Oil Markets Research at Rystad Energy and co-manages the Markets Team. He is the company’s macro expert in oil markets with responsibilities spanning full oil coverage. He also works with the Upstream Research team to develop production forecasts and is involved in consulting projects. He holds a B.S.c. in Mechanical Engineering from the Oslo University College and an M.S. degree in Industrial Economics from the Norwegian University of Science and Technology.

Carlos Torres Diaz — Head of Gas Market and Renewables Research

Carlos is the Vice President of Gas and Renewables Markets Research at Rystad Energy. He and his team develop the gas and renewables coverage for the company and he frequently participates in related consulting work. Carlos holds a Bachelor in Civil Engineering from the Universidad Iberoamericana, an M.S.c. in Energy and Environmental Engineering from the University of Sheffield and an MBA from the University of Oxford.

Matthew Fitzsimmons — Vice President, Oilfield Service Research

Matthew Fitzsimmons is Vice President for Cost Analysis at Rystad Energy in the Oilfield Service Department. He heads the Rystad Energy Services Price Index and Rystad Energy’s Oilfield Services Analytics products. Prior to joining Rystad Energy, Matt spent nearly eight years at ExxonMobil evaluating and managing cost analysis projects around the world. He holds a Bachelor’s of Engineering degree from Stevens Institute of Technology (USA) and an Executive Master of Business Administration (MBA) in Global Markets from BI Norwegian Business School.

Gero Farruggio - Head of Australia and Global Head of Renewables

Gero Farruggio graduated from MEng in Mechanical Engineering, Imperial College London & MBA Edinburgh University. He started his career at Schlumberger, where he demonstrated the commercial value of geosteering technology in Venezuela and Nigeria, publishing a selection of papers on innovations for the optimisation of horizontal oil wells. He then spent 16 years at Wood Mackenzie, as Director of Wood Mackenzie Australia Pty Ltd and responsible for Americas and APAC Upstream research. In November 2017 Rystad Energy acquired Sustainable Energy Research Analytics (SERA) where he was Managing Director specialising in renewable energy research and advisory.

Jon Fredrik Müller - Partner and Head of Consulting, Asia Pacific

Jon Fredrik is Partner & Head of Consulting Asia-Pacific at Rystad Energy. His area of expertise includes commercial due diligence, strategy and market assessments within E&P and oilfield services, particularly offshore-related segments like subsea, rigs and offshore vessels. He holds a M.Sc. in Industrial Economics and Technology Management from NTNU, Norway, including a graduate exchange program at the Haskayne School of Business at the University of Calgary.

Lin Lin Goh - Analyst, Energy Service

Vijay Krishnan - Managing Director, Asia Pacific

Vijay Krishnan is the Managing Director for Rystad Energy Asia Pacific. Vijay joined Rystad Energy in January 2017 and is responsible for the overall business across Asia Pacific for the firm. He has close to 20 years of experience in the Energy & Petrochemical sector. He specialises in advising clients in a commercial capacity from small to large projects and has a keen eye and a great passion for opening new markets and revenue streams. Vijay started his career as a Pricing Analyst covering Energy and Petrochemical products in Asia. He then spent 5 years in Business Development for ICIS-LOR, successfully opening up new markets, developing new clients and products focused on the Indian Sub-Continent and the Middle East. Vijay was then instrumental in building the Asian business for Wood Mackenzie across the Energy value chain. He spent over 11 years at Wood Mackenzie where his last role was the Regional Director for South East Asia and Australia and as the Global Strategic Sales Head for the National Oil Business. Vijay has a BSc in Management Economics from the University of London and is a keen triathlete.

Xi Nan - Vice President, Gas and Power Market Research

Xi is a Vice President Analyst on Rystad Energy’s Markets team, where she’s focusing on the LNG markets as well as product development. Her project work includes LNG market entering strategy, cost of LNG supply, analyzing gas supply, demand, flows, storage and prices on different gas hubs and tracking global LNG trades and prices. Xi holds a Master of Science degree in Finance from BI Norwegian Business School. She was previously a Senior Analyst and Content Manager at Thomson Reuters Norway, and an Analyst at Econ Pöyry Management Consulting in Norway.

Ranjan Saxena — M&A Analyst

Ranjan Saxena is an upstream business analyst at Rystad Energy. He is a mechanical engineering graduate with MBA in oil and gas management. His work Profile includes upstream asset valuation, company valuations and insights on mergers and acquisitions.