ADIPEC 2017: Make your mark in the Middle East
Looking to expand into the Middle East? Maximise your opportunities with the EIC at ADIPEC.
This year marks the 20th edition of ADIPEC which looks set to be the largest to date, with over 100,000 oil and gas professionals from 135 countries converging on the UAE’s capital Abu Dhabi from 13–16 November.
The EIC continues its long-standing support of ADIPEC and will once again be hosting the UK pavilion in Hall 8. Much like the event itself, the EIC’s involvement has grown year-on-year.
This November, we will host more than 50 UK companies exhibiting the skills, expertise and innovative products and services for which the UK oil and gas industry is famous worldwide.
Facilitating global business
Attracting key decision-makers from 22 national oil companies, 15 international oil companies and 2,000 exhibiting companies, ADIPEC is a great place to do business. It's estimated that over US$9bn of contracts will be signed over the four days.
ADIPEC provides an incredible platform for delegates to meet new partners, network with peers and showcase their products and services to major players in the region such as ADNOC, Qatar Petroleum and Saudi Aramco.
The Middle East: a buoyant market
The overwhelming success of ADIPEC, even during the current global down-cycle, reflects the strength and resilience of the Middle East.
It’s one of the few regions worldwide still awarding contracts and where new developments are emerging.
According to the EIC’s project tracking database, EICDataStream, 270 projects are proposed or under development in the six Gulf Cooperation Council (GCC) countries, worth more than US$500bn collectively.
There is no better event than ADIPEC for those companies that want to establish or reinforce their position in this lucrative market.
Outlook for the region
At present, Saudi Arabia, the UAE, Egypt and Bahrain’s cutting of diplomatic, political and economic ties with Qatar is casting a shadow over the region.
Whatever the outcome of this schism, it is likely that the GCC countries will continue to focus on diversifying their economies to reduce their dependency on oil, while also adapting their oil and gas industries to come to terms with US$50 a barrel – a big part of which will be their continued focus on downstream value-added products.
Saudi Arabia
The biggest GCC economy holds approximately US$200bn of under development and proposed oil and gas opportunities. Saudi Aramco’s US$3bn revamp in the Marjan oilfield could push production capacity to 300,000bbl/d by completion in Q2 2022. It is also expected to award four EPC packages worth US$4.5bn for the construction of gas facilities at Hawiyah and Haradh.
Kuwait
Kuwait has almost US$100bn of active and proposed oil and gas projects, including the US$32bn Kuwait National Petroleum Company (KNPC) Clean Fuels project which will see the upgrade and integration of the Mina Al-Ahmadi and Mina Abdullah refineries, and the opening of the 225,000bbl/d Al-Zour refinery.
Oman
The Sultanate of Oman boasts two downstream mega projects: the Liwa Plastics complex and the Duqm refinery. With a combined value of US$12bn, both are expected to be completed by 2020. Four main packages have already been awarded for the petrochemical complex at Liwa that aims to produce plastics from Sohar refinery feedstock. Three packages for the Duqm refinery should be awarded by autumn 2017.
Qatar
The North Oil Company (NOC), a joint venture formed by Qatar Petroleum (QP) (70%) and Total (30%), started operations at the Al-Shaheen oil field in July. Total, who replaced Maersk as QP’s partner, has pledged US$2bn of investment over the next five years. Qatar’s other megaprojects also include the US$11bn redevelopment of the Bul Hanine oil field expected to last until 2028.
United Arab Emirates
The UAE has started the development of the Hail and Ghasha sour gas field offshore Abu Dhabi. With an estimated value of US$12bn, it’s one of the most important projects in the country and will increase domestic gas production by 18%. The operating company, Al Hosn Gas, is also developing the US$1bn Dalma oil and gas offshore field with production set to begin in 2019.
Bahrain
Despite being the GCC’s smallest oil producer, Bahrain holds one of the biggest downstream engineering, procurement, and construction (EPC) management contracts in the region. Bahrain Petroleum Company (BAPCO) is expected to award the multi-billion main package for the Sitra refinery upgrade this autumn. The refinery will be expanded from 262,000 to 360,000 barrels per day (bbl/d) at a cost of US$5bn with the upgrade to be completed by 2020.
The EIC UK pavilion at ADIPEC – Hall 8
Decades of experience in one of the world’s harshest and most demanding offshore environm ents, the North Sea, have honed the UK oil and gas industry’s expertise to meet the challenges of the global energy market
Please take the time to visit as many as the UK exhibitors as possible and find out how they can add real value to your projects and programmes.
Design, engineering and consultancy
AFGlobal UK Ltd, Amec Foster Wheeler, BMT International Ltd, Clarkson Research Services Limited, Colson X-Cel Ltd, Completion Products Limited, Enhydra Ltd. Goodwin International Ltd, HFI Legal Consultancy Ltd, Total Waste Management Alliance Limited, Westley Group
Hazardous area and safety equipment
ABTECH Limited, Angus Fire, Apollo Fire Detectors, BS & B Safety Systems (UK) Ltd, CorDEX Instruments Ltd, Crowcon Detection Instruments Ltd, Elfab Ltd, Elmac Technologies Ltd, European Safety Systems Ltd (E2S), FFE Ltd, HESCO Group, Hubbell Ltd, Hughes Safety Showers Ltd, Knowsley SK Ltd, Orga M & C Ltd, Raytec Ltd, Wolf Safety Lamp Company Limited
Governmental
Welsh Government
Instrumentation and control
Advanced Sensors Limited, Delta Controls Ltd, EXHEAT Ltd, Oliver Valves Ltd, Optical Metrology Services Ltd
Pipelines and piping materials
Garlock Pipeline Technologies Limited, Lokring Northern UK
Logistics and load handling
Cargostore Worldwide Trading Ltd
Specialist technology providers
Cal Gavin Limited, Churchill Drilling Tools Ltd, CMP Products Limited, Cutting & Wear Resistant Developments Ltd, Eclipse Magnetics, Hughes Pumps Ltd, Innospec Limited, James Fisher Offshore Limited, Norbar Torque Tools Ltd, Pharos Marine Automatic Power Ltd, Process Vision Ltd, IMI Precision Engineering, Whitford Ltd
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