Issue 3 2022 oilreview.me

Serving the world of business

Editor: Louise Waters -  louise.waters@alaincharles.com Editorial and Design team: Mariam Ahmad, Prashanth AP, Fyna Ashwath, Miriam Brtkova, Praveen CP, Robert Daniels, Shivani Dhruv, Matthew Hayhoe, Prince Kariappa, Rahul Puthenveedu, Deblina Roy and Louise Waters Publisher: Nick Fordham Sales Manager: Richard Rozelaar  richard.rozelaar@alaincharles.com Magazine Sales Manager: Tanmay Mishra  +91 98800 75908  tanmay.mishra@alaincharles.com

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 Editor’s note

IN THIS ISSUE we focus on promoting diversity, equity and inclusion in the energy industry, and the business benefits a more diverse workforce can bring. Women currently account for only 22% of the workforce in the oil and gas sector, and 32% of the renewable energy sector. Clearly there is room for improvement, and with current shifts in the industry, there is much opportunity to energise the DE&I agenda (p20). We also hear from two inspiring women who have blazed a trail in the oil and gas sector – Dr Amani Musharah, Saudi Aramco and Salma Al Hajeri, Mubadala Petroleum – both of whom are outstanding role models for women looking to enter or advance further in the industry (p22).

Our article on p18 highlights the increasing focus of petrochemicals and chemicals companies on environmental sustainability and the increasing adoption of circular economy principles, while our technology section covers a wide range of topics including cyber resilience, pipeline coatings, the role of augmented reality (AR) in oil and gas, and energy-efficient pumps.

 Contents

Calendar

4 Executives’ calendar

Listings of events and a preview of the MENA HSE Forum

News

10 Developments

A round-up of the latest news from around the region

Energy Transition

14 Reducing the risk of future shocks

How to manage the shift to lower-carbon resources while strengthening energy security

Saudi Arabia

16 Aramco bumps up capex to boost production

Latest developments from Saudi Arabia

Refining & Petrochemicals

18 A sustainable future for Gulf petrochemicals

The importance of petrochemicals and chemicals to the Gulf’s diversification efforts, and the increasing focus of R&D on sustainable products and processes

Diversity & Inclusion

20 Empowering diversity & inclusion in the energy industry

The business benefits of diversity in the workforce, and how to further promote diversity, equity and inclusion in the energy industry

22 Trailblazing role models for women in energy

Winners of the LEWAS awards share their insights and experiences

Technology

26 The future of oil and gas pipeline coatings

The market for pipeline coatings and the increasing demand for sustainable solutions

28 Maximising energy efficiency with pumps

The role of pumps in reducing carbon footprint

30 A fighter jet in tubular form

A unique solution for combatting corrosion and well integrity issues

32 Improving operations with AR and remote support

The role of Augmented Reality in report support and the benefits it has to offer the oil and gas industry

36 Optimising cyber resilience in the energy sector

A CySSIG webinar provided some essential advice on optimising cyber resilience in the energy, power and utilities sectors

38 Disrupting the oil and gas sector with AI

The potential for AI to enhance operations in the oil and gas sector

Innovations

41 The latest product advances in oil and gas

Arabic

4 Analysis

Front cover image: Adobe Stock