3 minute read
Issue 7 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, Leah Kelly, Rahul Puthenveedu, Madhuri Ramesh and Madhurima Sengupta
Publisher: Nick Fordham
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Chairman: Derek Fordham
Printed by: Buxton Press
Printed in: October 2022
© Oil Review Middle East ISSN: 1464-9314
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).
Contents
Calendar
4 Executives’ calendar
Listings of regional and international events
News
6 Developments
A round-up of the latest news from across the region
ADNOC Review
16 A safe pair of hands in changing times
ADNOC is nurturing clean and sustainable technologies alongside the backbone of its traditional hydrocarbons output
Digitalisation
20 Embracing the 21st century in HSE
The future of digitalisation in the HSE sector and how digital transformation is driving the industry
Iraq
24 Can Iraq unlock its untapped oil and gas resources?
Iraq has the potential to double production, if it can unlock its phenomenal hydrocarbons resources
Energy Security
28 Addressing energy security concerns
Middle East energy leaders highlight the need to continue to invest in oil and gas
Energy Transition
30 Energy transition outlook
The energy crisis is reinforcing a twospeed energy transition in the short term, according to DNV’s Energy Transition Outlook
Marine Operations
32 Smart vessel solution for improved marine operations
An AI and ML-powered Smart Vessels System offering real-time surveillance, enhanced safety and security and powerful reporting
ADIPEC Preview
34 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
36 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
44 Improving operations with Smart
Digital Reality
Hexagon PPM outlines its “Smart Digital Reality” vision
60 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
Power
68 Powering oil & gas through the energy transition
Aggreko’s four-phase approach to decarbonising oil and gas projects
