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Wanted: Change of perspective - the reinvention of the oil industry

March 18, 2019

New program: Reinventing National Oil Companies

The oil and gas industry is in a phase of profound transformation. The energy transition with its alternative solutions for fossil fuels, skepticism about traditional forms of energy such as oil and gas, new digital technologies and the merging of entire industries are shaping the future. National Oil Companies (NOCs) in particular play a special role in this far-reaching transformation. In order to prepare managers comprehensively for these new challenges, the WU Executive Academy has developed the 4-day program "Reinventing National Oil Companies" together with Arthur D. Little. The aim of the program is to connect stakeholders and decision makers from the energy industry around the world and encourage them to talk and co-create new strategies and solutions.

Picture of oil splashing
"Reinventing National Oil Companies" prepares executives for one of the largest transformations in the energy sector.
Portrait jonas Puck

Prof. Jonas Puck

  • Academic director of "Reinventing National Oil Companies"

Oil companies around the world are facing one of the biggest transformation that the energy sector has ever experienced. National Oil Companies (NOCs) have a very special task in this area of tension. Not only do they control the bulk of global reserves and hydrocarbon production, but they also have a mandate to create value by developing their own hydrocarbon resources. They also play a central role in securing energy supplies to support national economic growth.

In order to offer this special target group a tailor-made training opportunity, the WU Executive Academy has developed the "Reinventing National Oil Companies" program in a joint venture with the internationally active management consultancy Arthur D. Little.

Focus on global exchange

 "With this program, we want to connect various stakeholders and decision-makers from the energy industry around the world and encourage them to exchange and co-create new strategies and solutions to actively shape the value chain of tomorrow's oil and gas industry," says Prof. Jonas Puck, who is also academic director of the WU Executive Academy's MBA Energy Management.

Picture of a solar park
Current and future trends in the energy sector are part of the new program. Photo © CC0 Licence

Future-oriented curriculum

The contents of the program leave no questions unanswered: In just four days, the participants will discuss the current and future trends in the energy industry and the associated challenges for NOCs. Together with experts from the industry, they develop new ways of exploration and discuss the production maturity turning point. They deal with internationalization and the associated regulations and new contract models as well as with new business areas in the field of renewable energies, with the influencing factors of new technologies and the factors for successful innovation management. The participants benefit not only from the top-class speakers, but also from the exchange among each other in a heterogeneous, international group.

Portrait Alexandre Lavelle

Alexandre Lavelle

  • Co-Director and Partner for Energy & Utilities Practice at Arthur D. Little

Arthur D. Little has a long history of working with National Oil Companies in the areas of strategy, culture, organization and performance. We support National Champions & Regulatory Authorities on all continents in the challenging context of the Energy Transition. Participants particularly benefit from this wealth of experience and from the network offered by Arthur D. Little and the WU Executive Academy.

The English-language program will take place for the first time at the WU Executive Academy from October 22 - 25, 2019 and addresses participants from all over the world.

Find more information and details about the program here.

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