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ADIPEC 2013 to spotlight evolution of energy and growing role of gas in energy mix

posted on 25/07/2013: 2629 views



The Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), the third largest gas and oil event in the world, is set to highlight the evolution of energy and shift in the balance of hydrocarbon power from oil to gas in the region.

Running from November 10th to 13th under the theme Energy for all in a Changing World, the event will also feature brand new components, including a dedicated business conference, an expanded technical conference, a focus on the role of women in the gas and oil industry, and the addition of Young ADIPEC - a comprehensive programme designed to encourage the industry's future leaders.

Focusing on the increasingly important role of gas in the energy mix, as well as the Middle East's vast oil industry, the 16th edition of ADIPEC will take place under the patronage of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, at the Abu Dhabi National Exhibition Centre (ADNEC). The event is supported by the Ministry of Energy, Abu Dhabi National Oil Company (ADNOC), and the Abu Dhabi Chamber of Commerce and Industry.

Currently, the Middle East and North Africa (MENA) region is home to more than 52 per cent of the world's proven oil reserves, and 42 per cent of the world's proven gas reserves. With natural gas considered a cleaner alternative to coal as a fuel for energy production, its demand is set for continued growth as governments adopt policies to reduce the environmental impact of energy generation.

Mohammed A. Sahoo AlSuwaidi, Director of Gas Directorate at ADNOC and ADIPEC 2013 Chairman, said, "Amid rapid growth in energy demands across the region, gas offers a cheaper, cleaner and abundant solution to our energy supply chain challenges. We believe it is the right time to address the needs of the burgeoning gas sector given the need to diversify our energy mix and cater to domestic demand." "To underscore our commitment to expanding our capacity, ADNOC has invested nearly US$40 billion in oil, gas, refining and petrochemical projects, of which US$25 billion is dedicated to gas. This is a reflection not just of a regional trend, but of a global one towards gas as a source fuel for energy and its importance to the future of the UAE, along with oil, nuclear and renewables," AlSuwaidi added.

ADIPEC's first business conference will examine the emerging role of gas as a primary energy source in the region, along with other critical topics. The conference will gather a strong line-up of global executives from across the hydrocarbon industry's full value chain, seeking to address the industry's strategic and commercial challenges and opportunities. With huge strides being made in retrieving shale gas and oil, and a string of significant recent finds, shale's potential will come under review at this year's business conference.

ADIPEC's new-look format will include an expanded technical conference. The segment will promote the exchange of knowledge and experience among industry professionals as part of a priority to facilitate technical development of the hydrocarbon industry globally through addressing oil and gas field development, drilling and completions, maintenance, integrity, HSE and security, as well as geosciences and gas processing technologies.

ADIPEC will also examine the worldwide challenge of attracting and inspiring today's youth to enter the oil and gas sector through the launch of Young ADIPEC, a programme of initiatives and workshops that will run before, during and after the event itself. - Emirates News Agency, WAM

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