Saudi Arabia's strongest sector is experiencing nothing less than a revolution as it faces several urgent national changes and global obligations.
Saudi Arabia is the largest exporter of oil in the world, with 19% of the entire world’s oil reserves and the lowest extraction cost. Oil is currently the most employed energy source on the planet, however, that is set to change. With the environmental aspects of utilizing oil combined with more sustainable energy sources being exploited, the global direction is headed towards diversifying energy sources and reducing oil and gas usage.
Vision 2030 is in line with the global direction and part of its elaborate plan is to enhance its most profitable sector and expand energy production. The National Renewable Energy Production program was created to support increasing the share of natural gases and renewable energy to 50% whilst reducing the use of oil by 2030. Another benefit of this rapid emergence of renewable energy technologies is that it has posed promising investment and partnership opportunities. The Kingdom is thus seeking to persuade the private sector to boost investment in Saudi Arabia's renewable energy industry.
Our Approach and Focus
As the industry reimagines itself, talent criteria is evolving. Our clients seek senior executives who can support their business objectives in these challenging market conditions. Leaders who are adaptable, knowledgeable, and effective with a cultural fit to their organizations. Leaders who are agile enough to take advantage of opportunities while maintaining a long-term strategic focus. Drawing on our experts across the world, Amrop’s Energy & Infrastructure practice takes a structured approach to executive search based on its knowledge of the market and its key players, industry trends and a broad network of high-level relationships in Saudi Arabia, and internationally.
