Abu Dhabi registers 144 new O&G companies in past year

ADIPEC2015PCAbu Dhabi has witnessed 144 newly registered companies in the emirate’s oil and gas industry over the last 12 months, according to figures revealed by the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC)

The new data reflects the industry’s resilience, raising the total number of companies serving the capital’s oil and gas industry to a staggering 1,467. The numbers were presented by the Abu Dhabi Chamber at the official ADIPEC 2015 press conference today.

Mohamed Helal Al Muhairi, director general of the Abu Dhabi Chamber, said ADIPEC has played an instrumental role in business development. “ADIPEC is a key event that drives new business opportunities in the oil and gas industry. Over the last 12 months, the Abu Dhabi Chamber has registered 144 new companies operating in the emirate’s oil and gas industry, and this is partly driven by the value ADIPEC brings to the business community.”

Held under the patronage of HH Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE, ADIPEC will take place from 9-12 November at the Abu Dhabi National Exhibition Centre (ADNEC), marking the 18th edition of the world’s landmark event for the energy sector.

Inspired by the UAE leadership’s declaration of 2015 as the Year of Innovation, the theme for ADIPEC this year is ‘Innovation and Sustainability in a New Energy World’, bringing together the best and brightest minds, including ministers, senior-level industry executives, world renowned energy experts, and thought-leaders to shed light on the critical topics driving the transformation of the energy sector.

Ali Khalifa Al Shamsi, director of Strategy & Coordination at the Abu Dhabi National Oil Company (ADNOC), and ADIPEC 2015 chairman, said, “ADIPEC has proven to be a successful global forum and platform for industry leaders, decision makers, and experts to share knowledge and experience the latest in oil and gas innovation and technology.”

“ADNOC will be signing a number of contracts and agreements as part of its ongoing efforts to help meet the growing energy demand, while ensuring efficiency and sustainability in all aspects,” Al Shamsi added.

The ADNOC stand will feature new interactive technologies that will enable visitors to learn about the company’s projects and oil field activities, including an overview of its facilities.

In addition to the main stand, ADNOC and its affiliated companies will exhibit in the new and purpose-built Offshore, Marine and Heavy Equipment Zone, as well as the dedicated quay-side exhibition space.

Strategically located in the UAE, ADIPEC is supported by the Ministry of Energy, ADNOC, the Abu Dhabi Chamber, and the Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi), and organised by dmg events. The event is expected to host more than 2,000 exhibiting companies, 7,000 delegates, and 85,000 attendees from more than 120 countries.

About 14 National Oil Companies and 16 International Oil Companies have confirmed their participation this year, including regional market players and global oil and gas giants. 

The ADIPEC 2015 Conference Programme is expected to draw more than 600 speakers and 7,000 delegates from both technical and non-technical functions exploring regional and global views on impending industry topics.

ADIPEC’s official opening ceremony will be followed by a keynote address delivered by the world’s leading authority on energy and Pulitzer-Prize winning author, Dr Daniel Yergin.

Alia Al Yasi, director of the Government Communication Department at the UAE Ministry of Energy, said, “ADIPEC provides a valuable platform for creating new business opportunities, exploring innovative technologies, and forging strong partnerships at local, regional and international levels towards the progress of the UAE’s oil and gas industry. The event continues to reflect the growth of Abu Dhabi as one of the world’s leading oil and gas producers.

“The UAE is seeking to increase its crude oil production capacity to help ensure global market stability and meet the demand for petroleum by-products.”

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