Open HSME menu
Subscribe Login

Home / Articles and Press Releases / Press Release / ADIPEC to Drive Evolution of Oil and Gas Industry 

CATEGORIES

  • Latest Issue
  • Above The Neck Protection
  • Chemical Protection
  • Confined Space
  • Construction
  • Emergency Procedures
  • Energy, Oil, and Mining Industries
  • Eye Protection
  • Fall Protection
  • Gas Detection
  • Hand Protection
  • Hazardous and Explosive Atmospheres
  • Health and Safety Awareness
  • Hearing Protection
  • Heat
  • Lighting and ATEX
  • Noise Monitoring
  • Personal Protective Equipment
  • Respiratory Protection
  • Safety Footwear
  • Safety Technology
  • Safety Training
  • Slips, Trips, and Falls
  • Wellbeing at work
  • Working at Height
  • Working rights

MORE

  • Press Release
  • Events
  • Videos
  • Webinars
  • Magazines

COMPANY

  • About
  • Advertising
  • Newsletter
  • Contact
Open HSME menu
Subscribe

Home / Articles and Press Releases / Press Release / ADIPEC to Drive Evolution of Oil and Gas Industry 

CATEGORIES

  • Latest Issue
  • Above The Neck Protection
  • Chemical Protection
  • Confined Space
  • Construction
  • Emergency Procedures
  • Energy, Oil, and Mining Industries
  • Eye Protection
  • Fall Protection
  • Gas Detection
  • Hand Protection
  • Hazardous and Explosive Atmospheres
  • Health and Safety Awareness
  • Hearing Protection
  • Heat
  • Lighting and ATEX
  • Noise Monitoring
  • Personal Protective Equipment
  • Respiratory Protection
  • Safety Footwear
  • Safety Technology
  • Safety Training
  • Slips, Trips, and Falls
  • Wellbeing at work
  • Working at Height
  • Working rights

MORE

  • Press Release
  • Events
  • Videos
  • Webinars
  • Magazines

COMPANY

  • About
  • Advertising
  • Newsletter
  • Contact

CATEGORIES

  • Safety Signage
  • Heat and Flame
  • Article
  • Press Release
  • Air Pollution
  • Above The Neck Protection
  • Chemical Protection
  • Confined Space
  • Construction
  • Emergency Procedures
  • Energy, Oil, and Mining Industries
  • Eye Protection
  • Fall Protection
  • Gas Detection
  • Hand Protection
  • Hazardous and Explosive Atmospheres
  • Health and Safety Awareness
  • Hearing Protection
  • Heat
  • Lighting and ATEX
  • Noise Monitoring
  • Offshore Platform Safety
  • Personal Protective Equipment
  • Regulations & Legislations
  • Respiratory Protection
  • Safety Footwear
  • Safety Technology
  • Safety Training
  • Slips, Trips, and Falls
  • Wellbeing at work
  • Working at Height
  • Working rights

Press Release

ADIPEC to Drive Evolution of Oil and Gas Industry 

By ADIPEC

| Read Bio

Published: October 30th, 2017

Share this article

An expanded and restructured strategic conference programme at the world’s leading annual meeting for senior oil and gas decision makers, the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), will play a vital role in driving strategic investment decisions across the industry’s full value chain, organisers said today.

Investment in refining and selling the oil and gas industry’s end products, such as fuel, plastics, and petrochemicals, is emerging as a core business strategy among Middle East national oil companies (NOCs) wanting to capture more of the processed value of their natural resource.

ADIPEC’s 2017 strategic programme will be restructured to reflect this change. An expanded programme recognises the conference’s high-level participants – who include some of the world’s most powerful oil and gas CEOs – command businesses that cover the full scope of upstream, midstream, and downstream operations.

“ADIPEC’s guiding purpose is to be the convening power for the global industry, a platform where the industry’s leading CEOs define and refine their strategic direction,” said Ali Khalifa Al Shamsi, Al Yasat CEO and ADIPEC 2017 Chairman. “Although exploration, production and export of crude oil remain the foundation of the region’s NOCs, today’s business models increasingly look beyond this, making downstream investments that accumulate benefits through each value-added process. ADIPEC is committed to acting as a driving force in support of this evolution.”

ADIPEC’s strategic conference programme will include several ministerial sessions and four global business leader sessions, offering panel discussions and interviews with some of the senior government and industry decision makers who are shaping the future of oil and gas. An additional four downstream global business leader sessions will focus exclusively on value-added processes. Specialised sessions within the conference programme will offer knowledge exchange in areas such as security, the offshore and marine sector, and the role of women in the energy industry. For C-level delegates, there will be 10 C-suite dialogues, offering highly exclusive, interactive panel discussions of critical business issues. As well as the strategic conference, ADIPEC offers oil and gas professionals 119 technical sessions catering to all aspects of the industry.

The conference programme sits alongside a world-class commercial exhibition and offers unrivalled one-to-one business networking opportunities, confirming ADIPEC as a deal-making hub where the industry’s most influential decision makers find connections and forge partnerships that will drive future growth.

As a platform for discussing the industry’s most important issues, ADIPEC consistently adapts to meet leadership concerns. From a strong focus on exploration and production during the pre-2014 period of sustained high oil prices, 2015 and 2016 have emphasised innovation and improved efficiency to reduce immediate costs. The latest changes recognise an industry adapting to a new normal. This sees investment returning to exploration and production in anticipation of rising demand, growing interest in natural gas, and a long-term imperative to add value to the resource.

As part of its integrated 2030 Strategy, the Abu Dhabi National Oil Company (ADNOC), which hosts ADIPEC, is creating more profitable downstream and more valuable upstream businesses. The strategy will increase production capacity to 3.5 million barrels of oil per day by 2018; increase gasoline production to 10.2 million tonnes per annum by 2022, and grow petrochemicals production from 4.5 million tonnes in 2016 to 11.4 million tonnes by 2025. It will also diversify its range of high-value innovative plastics solutions. Similar goals are being set by NOCs across the Middle East and beyond.

The emerging business approach seeks to maximise the value of each barrel that NOCs produce, by generating additional revenue from each layer of processing, distribution and sales. As well as generating more revenue, investments along the value chain can smooth out the impact of fluctuations in oil and gas prices, as rising or falling markets affect each layer of the industry differently.

According to analysis by the Boston Consulting Group, low prices for crude oil will often reduce profits for exploration and production, but at the same time will increase profits downstream as inputs become cheaper and buyer demand rises. When the oil price dropped sharply during 2014, margins at major European and Asian refining hubs went up, rising by around 72 per cent in Rotterdam and 57 per cent in Singapore. High prices for crude shift the balance in the opposite direction.

“With our strategic conference programme for 2017, ADIPEC breaks down the division between upstream and midstream sectors, extracting and transporting the natural resource, and downstream value-adding and manufacturing of products for the end customer,” said Christopher Hudson, President – dmg events, Global Energy, which organises ADIPEC.

“All these elements are one industry, and many of the CEOs who will convene at ADIPEC have a growing portfolio of responsibilities for every layer of a global, vertically integrated business. To fulfil our mission as the convening power for the global oil and gas industry, we must enable dialogue and insight across the full scope of their responsibilities and concerns.”

Confirmed speakers for the ADIPEC conference include H. E. Mohammed Barkindo, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), and H.E. Suhail Mohamed Mazrouei, Minister of Energy of the United Arab Emirates, as well as government ministers from Egypt, Oman, Bahrain, Lebanon, Nigeria and Mexico. They will be joined by CEOs from major NOCs, international oil companies (IOCs) and leading oilfield services firms, as well as top industry experts.

Conference sessions and panel discussions include broad-ranging knowledge exchange on achieving stable and sustainable long-term growth for the industry, including through collaboration and partnerships, innovation and efficiency of operations, enabling smart growth across the value chain, and driving investment into downstream refining and petrochemicals. Change and industry disruption will be important topics, looking at how the petroleum industry can adapt to the changing roles of oil and natural gas in a low-carbon future.

Held under the patronage of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE, hosted by the Abu Dhabi National Oil Company (ADNOC), and organised by the Global Energy division of dmg events, ADIPEC is one of the world’s leading oil and gas events, and the largest in Africa and the Middle East.

ADIPEC will be held at Abu Dhabi National Exhibition Centre from 13 to 16 November 2017.

Share this article

ABOUT THE AUTHOR

ADIPEC

From a world-class exhibition that provides technologically innovative solutions from more than 2,500 companies across the upstream supply chain, to one of the most expansive technical and strategic conference programmes in the world where over 700 speakers share their expertise, ADIPEC brings together a global audience and provides a vital export opportunity for countries looking to do business with the World’s Oil and Gas companies. Furthermore ADIPEC is now a proven platform for bi-lateral trade and a proven investment platform.

Connect with ADIPEC

Visit Website

POPULAR POSTS BY ADIPEC

ADIPEC-2022-Concourse

Press Release

International Energy Industry Unites towards ‘Maximum Energy, Minimum Emissions’ at Record Breaking ADIPEC 2022

ADIPEC 2021 In-Person Event Moves COP26 Agreements and Conversations to Practicalities featured

Press Release

ADIPEC 2021 In-Person Event Moves COP26 Agreements and Conversations to Practicalities

Energy Leaders Set the Scene for Equity in Education at ADIPEC 2021 featured

Press Release

Energy Leaders Set the Scene for Equity in Education at ADIPEC 2021

ADIPEC 2021 charts the path to unlocking a decarbonised future for the offshore and marine industry featured

Press Release

ADIPEC 2021 Charts the Path to Unlocking a Decarbonised Future for the Offshore and Marine Industry

Young ADIPEC Empowers STEAM in its Ninth Edition featured

Press Release

Young ADIPEC Empowers STEAM in its Ninth Edition

Teledyne featured

Press Release

Teledyne Gas and Flame Detection to Showcase Reliable and Precise Gas Detectors at ADIPEC

Get email updates

Sign up for the HSME newsletter

Keep up-to-date through the power of email with the region's only industrial health and safety magazine - delivering the latest news and products to satisfy all your occupational safety needs.
  • This field is for validation purposes and should be left unchanged.

FEATURED ARTICLES

Advertisement

SOCIAL MEDIA

HSME on Facebook

https://www.facebook.com/HSMEMagazine/

Advertisement

SOCIAL MEDIA

HSME on Twitter

hsmemagazine HSME Magazine @hsmemagazine ·
25 Jan

DFB is designed for use in high-end manufacturing environments, including food and pharmaceutical manufacturing but can also be applied in wider industry settings.

Read the latest exciting news from @airbench today!
https://www.hsmemagazine.com/press-release/new-downflow-booth-from-airbench-ltd/

#hsmemagazine #AirBench #DownFlowBooth

Reply on Twitter 1618277902268915719 Retweet on Twitter 1618277902268915719 Like on Twitter 1618277902268915719 Twitter 1618277902268915719

Advertisement

SUBSCRIBE

Stay up to date with our newsletter

Keep up-to-date through the power of email with the region’s only industrial health and safety magazine – delivering the latest news and products to satisfy all your occupational safety needs.

 

This field is for validation purposes and should be left unchanged.

Subscribe

SUBSCRIBE TO HSME MAGAZINE

5 reasons to subscribe to our digital and print package

  • Stay up to date from anywhere in the world, with instant access to the latest issue straight from your phone, tablet or laptop.
  • Trust that you’re getting the best content from our range of internationally accredited authors.
  • Get full access to our archives and see how occupational safety has evolved with us over the years.
  • Enjoy our monthly newsletter curated with up-to-the-minute news and a selection of editor’s top picks.
  • Hot off the press and straight to your door – look forward to your own glossy copy of HSME, delivered five times a year
Subscribe View Subscription levels

STAY SAFE & INFORMED

Subscribe to the best health & safety articles, news, products and regulations

Find out more

Stay up to date with our newsletter

  • This field is for validation purposes and should be left unchanged.

ABOUT

  • About HSME
  • Advertise
  • Contact Us

YOUR ACCOUNT

Sign In Register Account Subscribe to HSME

RESOURCES

Request Media Pack

CONNECT

ACCREDITATIONS

Copyright Bay Publishing 2023. All Rights reserved.

Designed & Built by:
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT