Why We Need Integrated Energy Companies - With Ann Davies, bp Senior Vice President, Wells

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Our guest today earned her master’s degree in physics, captained her rugby team at Oxford, and then a few years later was posted as bp’s engineering manager to Baku, Azerbaijan. She then spent time as Country Head in neighbouring Georgia and COO of Lightsource bp, and is now bp’s Senior Vice President, Wells.

In this conversation, Ann explains bp’s mission to become an integrated energy company, built on three strategic pillars: resilient hydrocarbons, convenience and mobility and low carbon energy.

She talks of the need for a reliable and balanced energy system, priced appropriately and invested pragmatically as the world transitions towards a lower carbon future.

Also discussed is how energy supplies are evolving amidst global conflicts, the role of financing in the energy transition, and how AI is impacting energy demand.

TOPICS:
00:00 - Intro
00:32 - Background & Early Career
03:06 - Recap of bp History
03:48 - Shareholder Geographic Split
04:01 - Roles in Baku & Georgia
06:02 - Resolving the Energy System Debate
08:40 - Explaining Resilient Hydrocarbons
10:23 - Wells & Rigs
14:48 - The Financing System
16:38 - Natural Gas Price Discrepancies
17:57 - Energy Transition Priorities
20:13 - Solar Energy & Lightsource bp
23:08 - AI, Tech & Future Predictions
28:57 - The Market’s Understanding of bp
30:59 - Investing in bp
33:07 - Attracting Talent
36:28 - Closing Questions
38:42 - Outro

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