Rave reviews after more than 100 businesses attend inaugural EIC Connect Virtual Saudi Arabia

Source: press release, 26 November 2020

EIC Connect Virtual Saudi Arabia – Saudi Aramco, ACWA Power, Worley and many more highlighted vast opportunities for the energy sector in the Kingdom (illustration: EIC)
EIC Connect Virtual Saudi Arabia – Saudi Aramco, ACWA Power, Worley and many more highlighted vast opportunities for the energy sector in the Kingdom (illustration: EIC)

“Saudi Arabia is open for business” was the key theme for the energy supply chain companies in attendance at EIC Connect Virtual Saudi Arabia, which took place on Tuesday 24 and Wednesday 25 November.

High-level speakers from Saudi Aramco, Aramco Overseas Company, ACWA Power, Satorp, Sadara, Tasnee, Naizak, Worley, Saudi Electricity Company and many more took part in a packed speaker programme that focused on a range of energy sectors in the Kingdom.

Supported by Platinum Sponsor DHL Industrial Projects and organised by the Energy Industries Council (EIC) with its partners, EIC Connect Virtual Saudi Arabia is the first event of its kind organised by the EIC in the Kingdom of Saudi Arabia.

Ryan McPherson, EIC Regional Director for Middle East & Africa said, “We are absolutely delighted to have delivered such a successful Connect Saudi Arabia event, clearly highlighting the wealth of opportunities to the UK supply chain within this important and fast-changing market.”

“Attendees were able to hear first-hand from key players in the Kingdom to understand the market opportunities in the energy sector and how they can seek to maximise these in the months ahead. I would like to thank all our supporting partners for making this event such a success and look forward to following up on the key actions raised over the 2 days,” added McPherson.

More than 400 registered attendees for the 2-day event, hearing from 40 speakers on a range of topics, including opportunities in the renewables, oil & gas and petrochemical sectors, advice and support available from the UK and within Saudi Arabia, and case studies from companies who have already entered the market.

The high level of attendance makes it the most-attended EIC Connect event in the EIC’s history, having organised previous events in the UAE, Kuwait, the UK, the US, Mexico, Malaysia, Vietnam, Indonesia and elsewhere.

The Opening Plenary session featured keynote speakers including Saudi Aramco’s Vice President, Procurement & Supply Chain Management Mr Mohammad Al Shammary, Asharqia Chamber Chairman Mr Abdulhakim H. Al Khaldi, and Neil Crompton, Her Majesty’s Ambassador to the Kingdom of Saudi Arabia said, “The UK was delighted to work with the Energy Industries Council as one of their key delivery partners for the inaugural Connect Saudi Arabia event, delivered virtually over the past 2 days.”

“Along with our key Saudi partners and 125 UK SMEs in attendance, this event allowed companies to learn about the latest business opportunities in Saudi Arabia within the energy, renewable and industrial sectors. This presents a great opportunity for UK businesses to take advantage of opportunities that exist here.”

“Please get in touch with our Department for International Trade teams who are here to provide practical support. Saudi Arabia is one of our largest trading partners in the Middle East and the Saudi market offers significant business opportunities for UK firms across a range of sectors,” Crompton continued.

Sue Donoghue, CEO Arabian Cluster of DHL Industrial Projects and Platinum Sponsor at EIC Connect Virtual Saudi Arabia, said, “As a global company, we have been present in the Kingdom of Saudi for almost 30 years, enabling connectivity and international trade. The event was a fantastic opportunity to join the discussion around the Saudi Energy sector and its further development.”