Bringing a global industry together

Each year, the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) provides an important platform for the oil and gas industry to do business and exchange information. This year, it is set to welcome more than 145,000 visitors, including energy ministers, CEOs, decision-makers and professionals with real buying power.

Alongside the exhibition, the conference programme will explore the nexus of technology and energy, including the links between digital transformation, people and partnerships, that are enabling change and creating the basis to build the oil and gas companies of the future.

Oil and Gas 4.0, a new agenda developed by both ADNOC and ADIPEC to navigate and embrace the opportunities enabled by the fourth industrial revolution, will see itself embedded in the conference programmes. To support faster, leaner exploration and production and optimisation of costs, companies have accelerated research and development on technologies, as the digital revolution gathers pace in the region.

According to management consultants McKinsey, digital technologies such as cloud, the Internet of Things, mobility, artificial intelligence, virtual reality, big data and analytics could cut capital expenditure by up to 20%. At the same time, it forecasts that total cash flows will improve by US$11 per barrel across the offshore oil and gas value chain, adding US$300bn a year by 2025. 

Saudi Arabia

Saudi Vision 2030 outlines the country’s long-term goal to make 70% to 75% of its power capacity gas-fired (50% by 2040) and the rest generated by renewables and nuclear. Downstream, Saudi Arabia has set a range of strategic and economic goals under its Vision 2030 plan to diversify from crude oil export. The petrochemical and chemical sectors have a potentially crucial role to play in the 2020 National Transformation Program for a diversified and sustainable economic future. In addition to the recent acquisition of a 70% stake in SABIC, Saudi Aramco plans to invest US$100bn on new refining and chemicals projects.

Saudi Vision 2030 outlines the country’s long-term goal to make 70% to 75% of its power capacity gas-fired (50% by 2040) and the rest generated by renewables and nuclear. Downstream, Saudi Arabia has set a range of strategic and economic goals under its Vision 2030 plan to diversify from crude oil export. The petrochemical and chemical sectors have a potentially crucial role to play in the 2020 National Transformation Program for a diversified and sustainable economic future. In addition to the recent acquisition of a 70% stake in SABIC, Saudi Aramco plans to invest US$100bn on new refining and chemicals projects.

Kuwait

Per capita, Kuwait is the world’s largest oil producer, with total proven oil reserves equivalent to about 100 years. Production currently stands at approximately 2.77 MMbbl/d. By 2020, Kuwait aims to reach a production capacity of 4 MMbbl/d and maintain this level through 2030. Downstream, Kuwait plans to grow domestic refinery capacity to 1.4 MMbbl/d and boost international cooperation.

Qatar

Qatar has shortlisted international oil firms for a stake in its expanded North Field megaproject, but may still choose to go it alone. The expansion of Qatar’s LNG facilities is one of the sector’s most lucrative projects, and oil and gas majors have been racing to secure a stake. Invitations to bid were sent out in August and the result is due to be announced in the first quarter of 2020, if Qatar decides to go with partners.

Oman

Natural gas is emerging as a significant contributor to the growth of Oman’s economy as heavy investments in Omani gas fields in recent years have boosted the country’s gas production. Oman’s natural gas production jumped by 12.5% to 43.75m cubic metres in 2018. The total reserve of natural gas is estimated to be 849.5bn cubic metres (with 22 gas production fields) in the sultanate.

UAE

The Abu Dhabi Onshore Oil Production Capacity Increase Project aims to boost Abu Dhabi’s onshore oil production capacity to 1.8 MMbbl/d. The project is targeting a number of onshore fields – including the Bida Al-Qemzan, Ruwais, Qushawira, Bab, Northeast Bab Fields and Al-Dabbiya – and is a central element in the Emirate’s plan to raise sustainable production capacity from 2.7 to 3.5 MMbbl/d. 

Bahrain

In March 2019, Bahrain Petroleum Company started the Sitra oil refinery expansion. The programme is expected to increase capacity from 267,000 bbl/d to 360,000 bbl/d. A consortium of TechnipFMC, Samsung Engineering and Tecnicas Reunidas is delivering engineering, procurement, construction and commissioning under a US$4.2bn contract. The project will include a residue hydrocracking unit, hydrocracker unit, hydro desulphurisation unit, crude distillation unit, vacuum distillation unit, saturated gas plant, hydrogen production unit and hydrogen recovery unit.

The EIC UK Pavilions at ADIPEC

This year, EIC is managing the largest ever UK delegation to ADIPEC – the Scotland Pavilion in Hall 1, UK Pavilion and Welsh Pavilion in Hall 8, an extended UK Pavilion in Hall 13, and, new for 2019, the UK Digitalisation Pavilion in the dedicated digital zone in Hall 14.

As one of the world’s most important oil and gas events, ADIPEC is the perfect opportunity for UK companies to showcase their expertise and digital capabilities as well as consolidate strategic partnerships across the Middle East and unlock business opportunities.

With several recent high-value contract awards, the Middle East continues to be a key area of focus for the UK’s energy supply chain – the region’s trusted and proven partner.

If you are at ADIPEC, please take the time to visit as many of the UK exhibitors as possible and find out how they can add real value to your projects and programmes.

Scotland Pavilion Hall 1

AISUS Offshore, Alba Power, AquaTerra Group, Ardent Global, Artificial Lift Performance, ASET Oil and Gas Training Academy, Brimmond Group, Cable Solutions Worldwide , Centrifuges Un-Limited, Clyde Bergemann, Cortez Subsea, Dynamix-Modular, Exceed, Exsif OCS, Fearnley Procter, First Tech (First Marine), FoundOcean, GM Flow Measurement Services, HCS Control Systems, HRH Geology, ICS Learn, Innospection, JBS Fabrication, Kaseum Technology, Kelton Engineering, Morgenstern Energy, North Sea Lifting, North Sea Power Solutions, Nucore, PDi, Pioneer Oil Tools, Premier Oilfield Group (Corex), Rollstud, Safehouse Habitats, Safety Grip Solutions, SAS Environmental Services, Scottish Development International, SMS Oilfield, STR: Subsea Technology Rentals, The Linell Group (Moorfield), TPS Weldtech, UBH International, Wellpro Group, Whittaker Engineering, Whittaker Group, Xergy, Xergy Group

UK Pavilion Hall 8

ABTECH, ACE Winches, Advanced Sensors, Aqua Safety Showers International, BMT International, BS&B Safety Systems (UK), Cargostore Worldwide Trading, Carrington Textiles, Chalmit Lighting, Churchill Drilling Tools (Rentals), Clarkson Research Services, CMP Products, Colson X-Cel, Compressor Products International (CPI), CorDEX Instruments, Cunningham Covers, Cutting & Wear Resistant Developments, Delta Mobrey, Dynamic Load Monitoring, E2S Warning Signals, Evoqua Water Technologies, EXHEAT, Flexitallic UK, Fluenta Solutions, Garlock , Garlock Pipeline Technologies, Goodwin International, Hawke International, Hi-Force, HMT Rubbaglas (HMT), HTL Group, Hubbell, Hughes Pumps, Hughes Safety Showers, IMI Precision Engineering, Innospec, Intervention Rentals International, Knowsley SK, Norbar Torque Tools, NRG Global Power, Oliver Valves, Online Electronics, Orga M & C, Oxifree Global, Pharos Marine Automatic Power, Pipeline Technique, Raytec, Rigtrans Intermodel, Stewart Buchanan Gauges, Total Waste Management Alliance (TWMA), Victor Lighting, Westley Group – Walter Frank, Whitford, Wolf Safety Lamp Company, Wood

UK Pavilion Hall 13

Angus Fire (Angus International Safety Group), Crowcon Detection Instruments, Custom Consoles, HyBird, MP Filtri, National Foam, Petroleum Software, STATS Group, TAG Pipe Equipment Specialists, TFC, Wessington Cryogenics, William Hackett Lifting Products

UK Digitalisation Pavilion Hall 14

Booth Welsh, Enteq Upstream, MEDCO, Proserv, ROVOP

Welsh Pavilion Hall 8

C&P Engineering Services, Cokebusters, Elmac Technologies, ESI Technology, Flamgard Calidair, Holyhead Towing Co, Huntingdon Fusion Tech, Reid Lifting, Seaward Safety, SEICO, Tritech Group, Wall Colmonoy, Welsh Government, Wrexham Mineral Cables, Zulu Joint Integrity

Looking to expand into the GCC? 

The EIC can help If you want to make the most of the many business opportunities on offer in the GCC, get in touch with the EIC. Our Dubai team knows the local markets inside out and can introduce you to all the region’s key players.

Just as important as our practical advice and connections is our Dubai LaunchPad service, which provides a low-cost, low-risk entry into this booming market. We can provide you with serviced office facilities, meeting rooms and hot desks as well as as organise your residence visa for you – everything you need to start building your business in the region.

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