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Editor’s note THE RECENT TURMOIL in the oil markets and geopolitical concerns sparked by the conflict in Ukraine have brought energy security to the fore, as well as impacting the progress of the energy transition. ADIPEC 2022 will provide a forum to discuss solutions to the energy security and sustainability challenges, including how to respond to current global energy market situation while delivering on climate action and sustainability commitments. The energy trilemma of balancing cost, sustainability and security has never been more in focus. As ever, the latest innovative technologies to help oil and gas companies improve their operations will be on show; take a look at our preview on p34 for all the exhibitor news. And if you are attending the event, do visit our stand (AB02). Elsewhere, we look at how ADNOC is balancing its traditional hydrocarbon activities with nurturing clean and sustainable technologies (p16), how digital transformation can improve operations in health and safety (p20) and whether Iraq can unlock its phenomenal hydrocarbons resources (p24).
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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, Leah Kelly, Rahul Puthenveedu, Madhuri Ramesh and Madhurima Sengupta Publisher: Nick Fordham
Sales Manager: Richard Rozelaar richard.rozelaar@alaincharles.com
Contents
Magazine Sales Manager: Tanmay Mishra +91 98800 75908 tanmay.mishra@alaincharles.com
Calendar
Marine Operations
International Representatives
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Nigeria
Bola Olowo +234 8034349299 bola.olowo@alaincharles.com
USA
Michael Tomashefsky +1 203 226 2882 +1 203 226 7447 michael.tomashefsky@alaincharles.com
Head Office: Alain Charles Publishing Ltd University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, United Kingdom +44 (0) 20 7834 7676 +44 (0) 20 7973 0076
Executives’ calendar Listings of regional and international events
An AI and ML-powered Smart Vessels System offering real-time surveillance, enhanced safety and security and powerful reporting
News 6
Developments A round-up of the latest news from across the region
ADIPEC Preview 34
ADNOC Review 16
Middle East Regional Office: 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: Ranjith Ekambaram and Eugenia Nelly Mendes production@alaincharles.com
Digitalisation
Subscriptions: circulation@alaincharles.com
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Printed by: Buxton Press
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Printed in: October 2022 © Oil Review Middle East ISSN: 1464-9314
Can Iraq unlock its untapped oil and gas resources? Iraq has the potential to double production, if it can unlock its phenomenal hydrocarbons resources
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Addressing energy security concerns Middle East energy leaders highlight the need to continue to invest in oil and gas
Power 68
www.oilreview.me email: orme@alaincharles.com
Powering oil & gas through the energy transition Aggreko’s four-phase approach to decarbonising oil and gas projects
Energy Transition 30
Connecting systems to achieve netzero objectives Yokogawa’s hydrogen and decarbonisation initiatives, and how it is helping companies to build smart, sustainable and resilient ecosystems
Energy Security 28
Improving operations with Smart Digital Reality Hexagon PPM outlines its “Smart Digital Reality” vision
Iraq 24
Connecting capital markets with energy stakeholders NESR discusses the energy upcycle currently unfolding in MENA, underpinned by a heightened focus on sustainability and marked by the emergence of VCMs
Embracing the 21st century in HSE The future of digitalisation in the HSE sector and how digital transformation is driving the industry
Chairman: Derek Fordham
Spotlighting a secure, affordable and sustainable energy future The UAE will be at the heart of the global dialogue on the future of energy at ADIPEC 2022, the world’s most influential forum for the energy industry
A safe pair of hands in changing times ADNOC is nurturing clean and sustainable technologies alongside the backbone of its traditional hydrocarbons output
Smart vessel solution for improved marine operations
Energy transition outlook The energy crisis is reinforcing a twospeed energy transition in the short term, according to DNV’s Energy Transition
Arabic 4
Analysis
Outlook Issue 7 2022
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