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50 most powerful people in the upstream industryby Arabian Oil & Gas Staff on Jan 10, 2013
Oil & Gas Middle East presents the fifty most influential decision makers in the regional upstream business
The second edition of the Oil & Gas Middle East Power 50 list sees the top spot claimed by a Saudi Arabian this year, however the number of people with ties to the Iraqi upstream sector who have burst into the power list for the first time shows just how dynamic and important that country will be to the industry for the coming decades.
2012 was one of the most significant years for the regional oil and gas industry in living memory. Huge strides have been taken in Iraq, and multi-billion dollar investments in Saudi Arabia, the UAE and Qatar have proven that capacity upgrade building and the ability to turn on the taps has had a globally important role in calming global markets and bringing the world back from the brink of a second economic crisis.
Oil & Gas Middle East profiles the decision makers, ministers, moguls and managers who are shaping the region’s upstream landscape more than anyone else. In a sector where the distinctions between a CEO and a politician can blur, there are once again a few surprises in the mix.
As 2012 drew to a close, Saudi Aramco’s chief exec, and our Power 50 number 1, Khalid Al Falih confirmed a $35 billion upstream investment splurge which will kick off this year and all be spent by 2017. If a budget of $7 billion to invest in project and upgrades a year to the world’s largest oil reserves isn’t true power, then we’re not sure what is.
1-10: Khalid Al-Falih, Hussain Al-Sharistani, Ali Bin Ibrahim Al-Naimi, Abdullah Nasser Al-Suwaidi, Mohammed Bin Salh Al-Saleh, Sami Al Rushaid, Ashti Hawrami, Mohammed Bin Hamad Al Rumhy, Abdul Kareem Al-Luaibi and Ali Rashid Al-Jarwan.
11-20: Abdul Munim Saif Al-Kindy, Saif Al-Ghafli, Wael Sawan, Raol Restucci, Dhia Jaafar, Hamad Rashid Al Mohannadi, Gati Al-Jebouri, Yasuhisa Kanehara, Bijan Mossavar Rahmani and Morten Mauritzen.
21-30: Arnaud Breuillac, Khalid Bin Khalifa Al Thani, Tony Hayward, Majid Jaafar, Abdul-Hussain Bin Ali Mirza, Simon Hatfield, Ahmad Ali Al Sayegh, Mark Carne, Hosnia Hashem and Mohammed Husain.
31-40: Abdullah N. Al-Helal, David Cook, Todd F. Kozel, Marwan Chedid, Maurizio La Noce, Abdul Jaleel Al-Khalifa, Hong-Pyo Kong, Jean Luc Guiziou, Sara Akhbar and Khalid Mugharbel.
41-50: Khaled Nouh, Arend Snaas, Hisham Albahkali, Abdullah Saeed Al-Suwaidi, Nabil Al-Alawi, Charles Ellinas, Ibrahim Al Othman, Dave Tredinnick, Ali Vezvaei and Mohammed Bin Dhaen Al Hamli.