Innovation and sustainability fundamental to energy sector progress, says ADIPEC 2015 chairman
“Innovation sits at the core of sustainable energy production,” says Ali Khalifa Al Shamsi, strategy & coordination director at ADNOC, and ADIPEC 2015 chairman, speaking exclusively to Oil Review Middle East in the run-up to ADIPEC.
Addressing this year’s theme ‘Innovation & Sustainability in a New Energy World’, Al Shamsi comments that innovation “helps reduce costs, enabling companies to become more competitive in this economic environment…developments in technology have allowed us to tap into very tight reserves, which was once not possible, or very expensive to do. Innovative technologies are allowing us to explore new resources both safely and economically.”
With the demand for energy projected to increase by 37 per cent by 2035, and exploration and production becoming increasingly challenging, Al Shamsi remarks that “meeting those challenges and advancing the industry through technology and innovations across every aspect of exploration and production, will drive discussions at ADIPEC this year.”
The event will provide an ideal global platform for bringing the best and brightest minds to discuss to exchange valuable knowledge and information that will play a pivotal role in securing a sustainable energy future, he adds.
Turning to the issue of HSE, Al Shamsi comments, “The current business environment presents a challenge to the industry, but also presents an opportunity for companies to maintain and enhance HSE in innovative ways, without significantly impacting the bottom line.” The HSE panel session, to be held on Wednesday 11 November, will provide a forum for speakers to highlight their achievements in addressing the challenges without compromising on HSE, and share their experiences of initiatives that have improved HSE commitment and performance.
Al Shamsi highlights the show’s Offshore, Marine and Heavy Equipment Zone, newly introduced this year. This consists of a purpose-built area that provides water access, mooring and quayside exhibition space that will allow more than 200 exhibitors to showcase a host of offshore products and services, including ships, rigs and vessels.
“Globally, around 30 per cent of oil produced comes from offshore oil wells, and offshore resources are playing a greater role in supplying the rising demand for energy,” Al Shamsi explains. He notes that extracting oil and gas from offshore reserves is a complicated and often expensive process, and therefore advancing the sector through developments in research and technology is critical.
The Offshore, Marine and Heavy Equipment Zone and associated Conference will offer experts the perfect platform to exchange knowledge and information that will drive the sector’s growth, he concludes.
The rest of the interview can be found in the current issue of Oil Review Middle East:http://www.oilreviewmiddleeast.com/magazine/current-issue