ADNOC, Masdar and XRG, recently convened over 100 global leaders from the energy, technology, investment and government sectors at the ENACT Majlis in Abu Dhabi to advance the integrated solutions needed to ignite the twin engines of energy and artificial intelligence (AI) to accelerate global growth.
The ENACT Majlis, hosted by HE Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, explored opportunities to drive innovative solutions to maintain secure, accessible, sustainable supplies across the energy mix that ensure reliable baseload energy is available to power AI growth and meet the needs of an increasing world population.
Discussions focused on meeting energy demand growth in evolving market dynamics and building infrastructure at scale and pace through integrated approaches. Leaders also addressed the skills and pro-growth policies needed to attract and derisk the capital needed to meet combined AI and energy investment needs.
Regulations
“Regulations must incentivize, not inhibit investment and we need to invest in an AI enabled workforce. ENACT was created precisely for moments like these. Moments when complex challenges require collaborative solutions across sectors and borders,” affirmed Dr. Al Jaber.
To date three ENACT Majlis have been held. The first edition, held in Abu Dhabi in November 2024, focused on connecting the dots between energy, technology, policy and finance to address the surge in demand driven by AI and seize the opportunities at the energy-AI nexus.
Held under the Chatham House rule to encourage open and honest dialogue by creating a trusted environment where people can speak freely without public attribution, the ENACT Majlis is rooted in the longstanding Emirati tradition of open, bold and solutions-orientated discussions.
Luminaries present
High ranking officials and participants at the ENACT Majlis included HE Suhail Mohamed Al Mazrouei, UAE Minister of Energy and Infrastructure; Secretary Doug Burgum, Secretary of the U.S. Department of the Interior; H.E. Jurabek Mirzamahmudov, Minister of Energy, Republic of Uzbekistan; HE Omar Sultan Al Olama, UAE Minister of State for AI, Digital Economy; Dep. Sec. James Danly, Deputy Secretary of U.S. Department of Energy; H.E. Dr. Abdulla Al Jarwan, Chairman, Abu Dhabi Department of Energy; Andrew Feldman, CEO and Co-Founder, Cerebras Systems and Arthur Mensch, CEO and Co-founder, Mistral AI.
Also present at the event were Brad Smith, Vice Chair and President, Microsoft Corporation; Bruce Flatt, CEO and Chair of the Board, Brookfield Asset Management; Claudio Descalzi, CEO, Eni; Darren Woods Chair and CEO, ExxonMobil; Dong Sub Kim, President and CEO, Korea National Oil Corporation; Eric Cantor, Vice Chairman and MD, Moelis; Jason Liu, CEO, Wood Mackenzie; Jake Loosararian, Co-Founder and CEO, Gecko Robotics; Ken Dillon, President, International Oil and Gas Operation, OXY; Murray Auchincloss, CEO, BP; Patrick Pouyanné, Chairman and CEO, TotalEnergies; Takayuki Ueda, President and CEO, INPEX; and Tony O. Elumelu, Chairperson, United Bank for Africa.
