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Issue 7 2021 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 Matthew Hayhoe, Manojkumar K, Prince Kariappa, Tulana Nayak Unique Pattnaik, Rahul Puthenveedu and Deblina Roy 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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Alain Charles Middle East FZ-LLC Office L2-112, Loft Office 2, Entrance B, P.O. Box 502207, Dubai Media City, UAE +971 4 448 9260, +971 4 448 9261 Production: Srinidhi Chikkars, Dinesh Dhayalan and Nelly Mendes production@alaincharles.com Subscriptions: circulation@alaincharles.com Chairman: Derek Fordham Printed by: Buxton Press Printed in: October 2021 © Oil Review Middle East ISSN: 1464-9314
Editor’s note
AS OIL REVIEW goes to press, COP26 is getting underway, underlining the urgency of stepping up action to address the climate emergency and limit global warming to 1.50C. The energy transition, decarbonisation and achieving ESG and sustainability goals are at the top of the agenda for oil and gas companies now, and will feature strongly at ADIPEC, which takes place as an in-person event in Abu Dhabi in November. Our ADIPEC Preview section contains news and views from some of the major exhibitors at the show (p42).
With the introduction of a new conference on hydrogen, ADIPEC will provide a forum to share perspectives on how hydrogen can deliver a clean, integrated approach to the MENA region’s energy sector (p50). Clearly, the region has clear competitive advantages standing it in good stead to become a major hydrogen producer and exporter (p26). We also discuss how ADNOC is embracing the energy transition (p12), and how a focus on Diversity, Equality and Inclusion is needed to respond to industry challenges (p16).
Contents
News
4 Developments
A round-up of the latest news from around the region and globally
ADNOC Review
12 ADNOC embraces the energy transition
Abu Dhabi’s national oil and gas champion is welcoming the challenges of the global clean energy transition with open arms
Opinion
16 Better problem solving with
Diversity, Equality and Inclusion
A focus on Diversity, Equality and Inclusion is needed to respond to the challenges the industry is facing
Calendar
18 Executives’ calendar
Listings of regional and international events
Refining & Petrochemicals
22 Reinventing refineries
The complex environment for refiners, and how they are addressing the challenges and opportunities of the energy transition
Analysis
26 Racing to lead in the global hydrogen trade
The Middle East is one of the regions best placed to become a big hydrogen exporter
Technology
34 Solving big data problems with edge computing
The benefits and applications of edge computing in big data problems
34 HTS support for oil and gas operations
The benefits of High Throughput Satellites (HTS) and the growth of the hybrid connectivity approach
ADIPEC Preview
42 Opportunities to share knowledge and forge relationships
What’s in store at ADIPEC 2021, which takes place in Abu Dhabi as an in-person event
46 Leading the way in an evolving energy market
Views from Sherif Foda, chairman of the board and CEO of MENA oilfield services company NESR
50 ADIPEC throws the spotlight on hydrogen
ADIPEC will provide a forum to share perspectives on how hydrogen can deliver a clean, integrated approach to the MENA region’s energy sector
58 Innovating in dynamic inflow profiling
Geosplit sees encouraging prospects for its unique technologies in the Middle East
60 Digital transformation for efficient and sustainable operations
How Halliburton is helping oil and gas companies to transform their operations and workforces
Innovations
76 Industry developments
The latest product advancements in oil and gas