Category: Event

Leveraging Synergies Created by the Convergence of Operational and Engineering Technologies and Digitalisation, Can Deliver Significant Savings for Energy Companies

Pioneering technology expert tells ADIPEC Energy Dialogue up to 80 per cent of plant shutdowns could be mitigated through combination of advanced electrification, automation and digitalisation technologies

Greater use of renewables in power management processes offers oil and gas companies opportunities to create efficiencies, sustainability and affordability when modernising equipment, or planning new CAPEX projects

Abu Dhabi, UAE – 10 August 2020 – Leveraging the synergies created by the convergence of electrification, automation and digitalisation, can create significant cost savings for oil and gas companies when making both operational and capital investment decisions, according to Dr Peter Terwiesch, President of Industrial Automation at ABB, a Swiss-Swedish multinational company, operating mainly in robotics, power, heavy electrical equipment, and automation technology areas.

Participating in the latest ADIPEC Energy Dialogue, Dr Terwiesch said up to 80 per cent of energy industry plant shutdowns, caused by human error, or rotating machinery or power outages, could be mitigated through a combination of electrification, automation and digitalisation.

“Savings are clearly possible not only on the operation side but also, using the same synergies between dimensions, you can bring down the cost schedule and risk of capital investment, especially in a time when making projects work economically is harder,” explained Dr Terwiesch.

A pioneering technology leader, who works closely with utility, industry, transportation and infrastructure customers, Dr Terwiesch said despite the increasing investment by oil and gas companies in renewables and the growing use of renewables to generate electricity, both for individual and industrial uses, hydrocarbons will continue to have an important role in creating energy, in the short to medium term.

“If you look at the energy density constraints, clearly electricity is gaining share but electricity is not the source of energy; it is a conduit of energy. The energy has to come from somewhere and that can be hydrocarbons, or nuclear, or renewables.” he said.

Nevertheless, he added, the greater use of renewables to generate electricity offers oil and gas companies the option of integrating a higher share of renewables into power management processes to create efficiencies, sustainability and affordability when modernising equipment, or planning new CAPEX projects.

The ADIPEC Energy Dialogue is a series of online thought leadership events created by dmg events, organisers of the annual Abu Dhabi International Exhibition and Conference. Featuring key stakeholders and decision-makers in the oil and gas industry, the dialogues focus on how the industry is evolving and transforming in response to the rapidly changing energy market.

With this year’s in person ADIPEC exhibition and conference postponed to November 2021, the ADIPEC Energy Dialogue, along with insightful webinars, podcasts and on line panels continue to connect the oil and gas industry, with the challenges and opportunities shaping energy markets in the run up to, and following, a planned three-day live stream virtual ADIPEC conference taking place from November 9-11.

An industry first of its kind, the online conference will bring together energy leaders, ministers and global oil and gas CEOs to assess the collective measures the industry needs to put in place to fast-track recovery, post COVID-19.

To watch the full ADIPEC Energy Dialogue series go to: https://www.youtube.com/watch?v=QZzUd32n3_s&t=6s

BP invests US$5 million in a cloud-based geospatial analytics software company that uses advanced spectral imagery and machine learning to monitor environmental changes

BP’s Senior Vice President of digital science and engineering tells latest edition of the ADIPEC Energy Dialogue series oil and gas industry should use technology to reimagine global energy system

Companies urged to look outside industry for innovative new ideas and ways to use digital technologies to take industry forward

Abu Dhabi, UAE – 11 July 2020 – The global oil and gas industry needs to embrace a new business mindset and new digital skills if it is to reap the benefits from deploying advanced digital technologies, such as artificial intelligence, big data and analytics, robotics and quantum computing.

Participating in the latest ADIPEC Energy Dialogue, Morag Watson, BP senior vice president of digital science and engineering, said the oil and gas industry has been slower than other industries to open up to the possibilities of leveraging digital technologies in order to compete and succeed in the energy transition.

“For me it is not just about the technology,” Watson said. “Many of the technologies have been on a reasonably fast trajectory for a while. The industry has to be open to thinking, how can we do things differently?

“It doesn’t just happen by saying here are 10 robots that are going to do your work for you. It just doesn’t work that way. You have to have the right business mindset to make it possible for the technology to radically change how you do things.”

Highlighting the oil and gas industry is still at the beginning of how digital technologies can help it meet the challenges being created by the energy transition, Watson said companies should look outside the industry for innovative ideas on how to use digital technologies to help them stay successful.

Watson cited BP’s US $5 million investment in a Satelytics – a cloud-based geospatial analytics software company that uses advanced spectral imagery and machine learning to monitor environmental changes, including methane emissions – as an example of how BP is making strategic investments in innovative, game-changing technologies and businesses that can help it reimagine the global energy system.

“At BP we see our venture capital program and the companies we help as a source of innovation and a crucial part of our strategy going forward,” Watson said. “These people see things differently, things that we might not have seen for ourselves. We don’t have all the answers and we want to engage with the external eco-system because we know the great ideas and solutions will come from many, many different places, helping us to innovate through our many challenges as we move forward.”

Addressing the need to bring in new digital native talent into the oil and gas industry, Watson said it needs to do more to convince young people it offers exciting, fulfilling careers in an industry that is seeking answers to the greatest challenges facing the world, including climate change.

“The industry needs to embrace the diversity of talent that is available across the world and to inspire and attract people through a different lens by connecting them to the technology, or how we use it. A good example would be our investment in Beyond Limits, and saying how can we take technology that is used on Mars and apply that in the energy industry? That is a hugely inspiring story,” Watson said.

The ADIPEC Energy Dialogue is a series of weekly online thought leadership events created by dmg events, organisers of the annual Abu Dhabi International Petroleum Exhibition and Conference. Featuring key stakeholders and decision-makers in the oil and gas industry, the dialogues focus on how the industry is evolving and transforming in response to the rapidly changing energy market.

ADIPEC attracts more than 155,000 energy professionals from 67 countries; including senior decision-makers and energy industry thought leaders, over 2,200 exhibiting companies and 23 national exhibiting pavilions as oil and gas companies convene to share views and best practices to address the long-term impact of the triple challenge of lower oil prices, weaker demand and over supply.

Held under the patronage of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE; hosted by the Abu Dhabi National Oil Company (ADNOC); and supported by the UAE Ministry of Energy & Industry, the Abu Dhabi Chamber, and the Abu Dhabi Tourism and Culture Authority, ADIPEC takes place at the Abu Dhabi National Exhibition Centre (ADNEC), Abu Dhabi, UAE.

To watch the full Energy Dialogue series go to: https://www.youtube.com/watch?v=FRfj495moBU

About ADIPEC
Held under the patronage of the President of the United Arab Emirates, His Highness Sheikh Khalifa Bin Zayed Al Nahyan, and organised by the Global Energy division of dmg events, ADIPEC is the global meeting point for oil and gas professionals. Standing as one of the world’s top energy events, and the largest in the Middle East and North Africa, ADIPEC is a knowledge-sharing platform that enables industry experts to exchange ideas and information that shape the future of the energy sector. The 36th edition of ADIPEC will be hosted by the Abu Dhabi National Oil Company (ADNOC) and supported by the UAE Ministry of Energy & Industry, Masdar, the Abu Dhabi Chamber, the Abu Dhabi Department of Culture and Tourism, Abu Dhabi Ports and the Department of Education and Knowledge. dmg events is committed to helping the growing international energy community.

Oil and gas industry can implement new ways of working with its suppliers to mitigate financial distress

Building long-term procurement and supply chain resilience, the worst effects of the crisis could be avoided.

ADIPEC Webinar told oil and gas operators need to work more closely with suppliers to mitigate financial impact of oil price collapse, stabilise supply chains and build long-term resilience

Abu Dhabi, UAE – 21 June 2020 – The triple shock of COVID-19 and the subsequent collapse of energy demand and oil prices have put the future of the oil and gas industry’s oil field equipment supply sector under threat, as operators impose activity and price cuts and renegotiate contracts to reduce costs.

Warning today’s industry crisis is significantly more severe than 2014, when oil prices fell by 40 percent, Alexey Dolya, Managing Director and Partner, at Boston Consulting Group, said more than half of oil field equipment suppliers are at risk of bankruptcy if oil prices remain at $30 per barrel until the end of the year.

Participating in an online ADIPEC Webinar, entitled Building Future Business Resilience through Technology, Innovation and Partnerships, Dolya said if the oil and gas industry can implement new ways of working with its suppliers to mitigate financial distress, while building long-term procurement and supply chain resilience, the worst effects of the crisis could be avoided.

In the short-term, he said, operators need to have forward-looking transparency into vendor financial health to mitigate supplier distress. In the medium term, operators and suppliers need to consider new technologies and strategic partnerships to unlock 20-50 percent lower costs to survive in a $30 per barrel oil market.

“The current crisis is very different to what we have seen before,” Dolya said. “Supplier prices have not yet recovered from the last crisis and many vendors’ health is much weaker. However, the response of oil and gas operators has been similar to 2014, with activity cuts and requests for price cuts putting suppliers at risk of bankruptcy.

“Instead, operators should look to the automotive and defence industries, where there is close collaboration with suppliers and both sides learn from each other. Operators need to build forward looking models to try to understand how long supplies can last in the current environment and work with suppliers to unlock significant potential from alliances and strategic partnerships.”

A BCG survey, conducted in May, shows the biggest impact on the oil field equipment suppliers industry is being felt in the well services, drilling and rigs and topside and process equipment categories. Other areas under pressure include seismic; subsea; logistics; engineering, procurement, construction and installation and maintenance and professional services.

According to BCG, unilateral measures to mitigate financial pressures on suppliers could include extending preferential rates; front loading ordering of products; improved access to finance, including direct lending to suppliers, direct payment of Tier 2 suppliers, bank guarantees and measures to safeguard against default, including an option to purchase, sell-off or recover input materials. Meanwhile, cross-operator levers could include government support packages for the oil field equipment supply industry, including tax exemptions; structural guarantees for key industries; greater clarity on the demand pipeline and coordinated cross operator bail-out efforts.

The ADIPEC Webinar series is a weekly online thought leadership event created by dmg events, organisers of the annual Abu Dhabi International Exhibition and Conference. Featuring key stakeholders and decision-makers in the oil and gas industry, the dialogues focus on how the industry is evolving and transforming in response to the COVID-19 pandemic and the rapidly changing energy market.

ADIPEC attracts more than 155,000 energy professionals from 67 countries; including senior decision-makers and energy industry thought leaders, over 2,200 exhibiting companies and 23 national exhibiting pavilions as oil and gas companies convene to share views and best practices to address the long-term impact of the triple challenge of lower oil prices, weaker demand and over supply.

To watch the ADIPEC webinar in collaboration with BCG go to: www.adipec.com/webinars

About ADIPEC
Held under the patronage of the President of the United Arab Emirates, His Highness Sheikh Khalifa Bin Zayed Al Nahyan, and organised by the Global Energy division of dmg events, ADIPEC is the global meeting point for oil and gas professionals. Standing as one of the world’s top energy events, and the largest in the Middle East and North Africa, ADIPEC is a knowledge-sharing platform that enables industry experts to exchange ideas and information that shape the future of the energy sector. The 36th edition of ADIPEC will be hosted by the Abu Dhabi National Oil Company (ADNOC) and supported by the UAE Ministry of Energy & Industry, Masdar, the Abu Dhabi Chamber, the Abu Dhabi Department of Culture and Tourism, Abu Dhabi Ports and the Department of Education and Knowledge. dmg events is committed to helping the growing international energy community.

About Boston Consulting Group
Boston Consulting Group (BCG) is a global management consulting firm and the world’s leading advisor on business strategy. We partner with clients from the private, public, and not-for-profit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization. This ensures that our clients achieve sustainable competitive advantage, build more capable organizations, and secure lasting results. Founded in 1963, BCG is a private company with offices in more than 90 cities in 50 countries. For more information, please visit https://www.bcg.com

Manufacturing Holds Key to Recovery of Oil and Gas Markets, revealed at this week’s ADIPEC Energy Dialogue

Bounce back in China’s manufacturing sector points the way; other countries expected to follow as lockdown is lifted

Latest in series of on-line ADIPEC Energy Dialogues hears it could be late 2021 before oil and gas markets recover to 2019 volumes

OPEC+ supply constraints coming under pressure from US shale and indebted oil producers as prices strengthen; production cuts likely to be rolled over and extended

Abu Dhabi, UAE – 10 June, 2020 – A revival in manufacturing across the world holds the key to the mid-term recovery of oil and gas markets, with consumer demand likely to lag as the energy industry begins to recover from the twin shock of the COVID-19 crisis and the resulting demand crash.

Participating in the latest online ADIPEC Energy Dialogue, Rachel Ziemba, an economic and political risk expert and Founder of Ziemba Insights, said the early signs from China, the first major economy to exit from the COVID-19 induced lockdown, are that manufacturing has bounced back more than consumption and that trend could be repeated in other countries.

“It is notable that the COVID crisis and the associated economic and energy crisis has really been the first to blow out the global consumer,” Ziemba said. “2008 was much more of a hit to the financial sector and manufacturing. This time it is the reverse. The big question is how quickly consumer demand will come back.”

Ziemba added it could be well into 2021 before oil and gas markets get to volumes approaching where the industry was at the end of 2019.

Looking at the trends likely to impact the recovery of oil markets in the mid-term, Ziemba said the OPEC Plus group of producers has had some success in tightening the market. But a question mark hangs over how long supply can be constrained.

“The challenge is that a few countries, those that are most economically strapped and not eligible for debt relief, are not complying in full and some have barely reduced production,” Ziemba said. “Despite pressure from the likes of Saudi Arabia and Russia, it is going to be very difficult for them to comply because these are countries that had big fiscal deficits when oil was $70 a barrel.

“The other challenge is that we are starting to see parts of the US shale industry starting to reverse shut ins. We are also seeing more rig activity after many weeks of decline. In a price range of mid-30s into a 40 range, there will be more entities that can make some money and the risk is that it puts even more pressure on OPEC Plus. So, I do think the most likely scenario is a rolling over and extension of the supply cuts.”

Access to credit, to support economic recovery, is an additional challenge for indebted oil producing countries, which are having to deal with multiple shocks at the same time, including sizable outbreaks of the COVID-19 coronavirus that may or may not be under control. Many of the oil producers that are in a tougher financial position than their rich peers are too wealthy to qualify for debt relief, Ziemba said, heightening social, political and economic risks which could further impact the oil and gas industry.

Elsewhere, as oil and gas companies seek for ways to recover, Ziemba said she expects to see some industry consolidation, particularly in the United States with more cash rich entities looking to go into smaller, more speculative areas that are lower cost. She also highlighted the possibility of further job cuts as companies become leaner and decide between boosting commercial reserves, or partnering with governments. Meanwhile, she added she expects to see more National Oil Company enter into partnerships, for example Middle East producers and Asian buyers, which enable greater creativity in payment terms and contracts.

The ADIPEC Energy Dialogue is a series of weekly online thought leadership events created by dmg events, organisers of the annual Abu Dhabi International Exhibition and Conference. Featuring key stakeholders and decision-makers in the oil and gas industry, the dialogues focus on how the industry is evolving and transforming in response to the rapidly changing energy market.

ADIPEC 2020 is projected to attract more than 155,000 energy professionals from 67 countries; including senior decision-makers and energy industry thought leaders, over 2,200 exhibiting companies and 23 national exhibiting pavilions as oil and gas companies convene to share views and best practices to address the long-term impact of the triple challenge of lower oil prices, weaker demand and over supply.

Held under the patronage of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE; hosted by the Abu Dhabi National Oil Company (ADNOC); and supported by the UAE Ministry of Energy & Industry, the Abu Dhabi Chamber, and the Abu Dhabi Tourism and Culture Authority, ADIPEC is scheduled to take place from November 9 to 11, at the Abu Dhabi National Exhibition Centre (ADNEC).

To watch the Energy Dialogue series go to: https://www.youtube.com/channel/UCnFtPtFwMrRkuGUTk4Rh4tA

About ADIPEC

Held under the patronage of the President of the United Arab Emirates, His Highness Sheikh Khalifa Bin Zayed Al Nahyan, and organised by the Global Energy division of dmg events, ADIPEC is the global meeting point for oil and gas professionals. Standing as one of the world’s top energy events, and the largest in the Middle East and North Africa, ADIPEC is a knowledge-sharing platform that enables industry experts to exchange ideas and information that shape the future of the energy sector. The 36th edition of ADIPEC will be hosted by the Abu Dhabi National Oil Company (ADNOC) and supported by the UAE Ministry of Energy & Industry, Masdar, the Abu Dhabi Chamber, the Abu Dhabi Department of Culture and Tourism, Abu Dhabi Ports and the Department of Education and Knowledge. dmg events is committed to helping the growing international energy community. To know more, visit: www.adipec.com.

One Month To Go For The World Hse Week 2019!

The team at Verve Management is gleaming with excitement with only one month to go for the much-awaited World HSE Week scheduled for the 7th to 11th April 2019 at the Roda Al Murooj, Dubai, UAE.

The World HSE Week comprises of a 3-Day Masterclass that will have key focus on discovering the real HSE challenges that is faced by the executive management team and their sub-ordinate managers and staffs operating high hazard facilities in the upstream, mid-stream and downstream oil, gas, petrochemicals and elated business segments.

Supported by the Clean Energy Business Council, the 2-Day Conference is set to be another industry-leading event with a line-up of speakers that includes: Hari Kumar (ENOC), Bruce Basaraba (Dana Gas), Deborah L. Grubbe (Operations and Safety Solutions), Ephraim Ebodaghe (Dragon Oil), Mohamed Al Maazmi (Expo 2020), Mohammed Al Jawi (Emirates Global Alluminium), Saleh Ali Albalushi (TECOM Group Dubai), Dr. Waddah Hashem Ghanem (ENOC), Wael Mohamed Amin (Kuwait Energy Egypt), Ephraim Ebodaghe (Dragon Oil) and many more!

Says Sabah Parvez, (MD, Verve Management) “We are very happy with the feedback and support we have received from the industry as we take this step forward to initiate this special World HSE Week. We are grateful to all our speakers and industry leaders who take HSE as one of their core cultures and have given utmost importance to HSE & well-being of their peers. We look forward to welcoming everyone at the event.”

Verve Management would like to invite everyone involved in HSE to be part of this special initiative.

Verve Management is UAE’s business facilitating platform that connects people, partners and ideas. Verve Management delivers remarkable events and provide solutions through Congresses & Summits, Trainings & Workshops, Exhibitions, Association Management, Industry Meetings and Managed Events in Asia, Middle East and Africa. For more information on Verve Management, kindly visit – http://www.verve-management.com/

Ethylene Middle East Technology Conference (EMET) Middle East Fine and Specialty Chemicals, (ME-SPEC), Chem- World Exhibition Middle East (ME-CWE)

Shaping the Future of Middle East Chemical Industry
Three Events. One Venue. Over 3,500 Participant

Dubai UAE, 20th July 2018: The three most acclaimed events in the chemical industry are set to take place in Bahrain this year. These events will play an integral role in shaping the future of the Chemical Industry in the Middle East.
Under the patronage of His Excellency Shaikh Mohamed bin Khalifa Al Khalifa, Minister of Oil, Kingdom of Bahrain and supported by National Oil and Gas Authority (NOGA), the Ethylene Middle East Technology Conference & Exhibition (EMET) alongside the Middle East Fine and Specialty Chemicals Exhibition and Conference (ME-SPEC) and the Chem-World Exhibition Middle East (ME-CWE) will be held on 11th and 12th December 2018 at the Bahrain International Exhibition & Convention Centre in Manama. Together, the events anticipate reaching over 3,500 participants and over 200 exhibiting companies over the span of two days.
Under the chairmanship of Metab Al Shammari, General Manager-Petrochemicals, SABIC, these events will bring together technical experts from all over the world to share practical experiences, innovative ideas and strategies for reducing costs, maximizing return and creating value on issues related to planning, design, operation and maintenance. Attendees include C-level executives, project engineering managers, unit managers, chemical engineers and other prominent executives from the energy, chemical, retail and construction industry.
Current industry supporters of the event include: TechnipFMC, BD Energy Systems, CRI Catalyst, Ingenero, Intecha, Kubota, Pall Corporation and Schmidt + Clemens Group, Keit Spectometers, Kinetic Process Improvements, Chevron Philips, Nalco, MCO Saudi Arabia, Doncasters Paralloy.
Currently in its 3rd edition, EMET is the event for professionals looking to develop their technical knowledge and optimize their position in the fast-evolving ethylene industry by increased operational efficiency, sustainability and excellence.
The 2nd edition of ME-SPEC provides a regional forum for petrochemical suppliers, converters, Original Equipment Manufacturers (OEMs) and potential investors to showcase their products and services, network, and share knowledge & experience across the entire value chain.
With the assistance of the international network of China National Chemical Information Centre (CNCIC), Chem-World Exhibition (CWE) has become the most influential event in the chemicals and chemical processing industry, having extensive visibility and influence in Middle East. ME-CWE aims to support
and encourage enterprises to gain an in-depth understanding of chemical trends and requirements to expand business opportunities between China and the Middle East. This platform will provide face to face networking opportunities for chemical CEOs, managers, engineers, technocrats and scientists, policy makers, planners, and the world’s largest chemical companies.
Combined, these three events make for an unmissable, world class networking event for delegates, visitors and investors.
For further information, please contact Karan Kukreja via phone at +971 4427 0739 or email at [email protected]. For more information visit www.ethylene-me.com (EMET), and www.me-spec.org (ME-SPEC). The three most acclaimed events in the chemical industry are set to take place in Bahrain this year. These events will play an integral role in shaping the future of the Chemical Industry in the Middle East.
Under the patronage of His Excellency Shaikh Mohamed bin Khalifa Al Khalifa, Minister of Oil, Kingdom of Bahrain and supported by National Oil and Gas Authority (NOGA), the Ethylene Middle East Technology Conference & Exhibition (EMET) alongside the Middle East Fine and Specialty Chemicals Exhibition and Conference (ME-SPEC) and the Chem-World Exhibition Middle East (ME-CWE) will be held on 11th and 12th December 2018 at the Bahrain International Exhibition & Convention Centre in Manama. Together, the events anticipate reaching over 3,500 participants and over 200 exhibiting companies over the span of two days.
Under the chairmanship of Metab Al Shammari, General Manager-Petrochemicals, SABIC, these events will bring together technical experts from all over the world to share practical experiences, innovative ideas and strategies for reducing costs, maximizing return and creating value on issues related to planning, design, operation and maintenance. Attendees include C-level executives, project engineering managers, unit managers, chemical engineers and other prominent executives from the energy, chemical, retail and construction industry.
Current industry supporters of the event include: TechnipFMC, BD Energy Systems, CRI Catalyst, Ingenero, Intecha, Kubota, Pall Corporation and Schmidt + Clemens Group, Keit Spectometers, Kinetic Process Improvements, Chevron Philips, Nalco, MCO Saudi Arabia, Doncasters Paralloy.
Currently in its 3rd edition, EMET is the event for professionals looking to develop their technical knowledge and optimize their position in the fast-evolving ethylene industry by increased operational efficiency, sustainability and excellence.
The 2nd edition of ME-SPEC provides a regional forum for petrochemical suppliers, converters, Original Equipment Manufacturers (OEMs) and potential investors to showcase their products and services, network, and share knowledge & experience across the entire value chain.
With the assistance of the international network of China National Chemical Information Centre (CNCIC), Chem-World Exhibition (CWE) has become the most influential event in the chemicals and chemical processing industry, having extensive visibility and influence in Middle East. ME-CWE aims to support
and encourage enterprises to gain an in-depth understanding of chemical trends and requirements to expand business opportunities between China and the Middle East. This platform will provide face to face networking opportunities for chemical CEOs, managers, engineers, technocrats and scientists, policy makers, planners, and the world’s largest chemical companies.
Combined, these three events make for an unmissable, world class networking event for delegates, visitors and investors.

For further information, please contact Karan Kukreja via phone at +971 4427 0739 or email at [email protected]. For more information visit www.ethylene-me.com (EMET), and www.me-spec.org (ME-SPEC).

–END–

Leadership Excellence for Women Awards and Symposium (LEWAS)

Influential leaders to speak at the Leadership Excellence for Women Awards and Symposium (LEWAS)
Advocates for Gender Diversity come together as panelists for LEWAS on 23rd and 25th October 2018 in Manama, Kingdom of Bahrain

Dubai, U.A.E., 26 June 2018:

Under the patronage of His Excellency Shaikh Mohamed bin Khalifa Al Khalifa, Minister of Oil, Kingdom of Bahrain and supported by National Oil and Gas Authority (NOGA), pioneers in the energy industry have launched the fourth edition of Leadership Excellence for Women Awards and Symposium (LEWAS).

Under the Chairpersonship of Reem Al Ghanim, HR Leader, Saudi Aramco, LEWAS began in 2013 with the objective to Empower, Engage and Elevate women. Since its inception, it has recognized and honored men and women who are not only making a mark in the energy industry but are also being an advocate for gender diversity in the GCC.

About the Symposium: The highly anticipated LEWAS Symposium will be held on 25th October 2018 at the Bahrain International Exhibition & Convention Centre as a co-located event of GDA International Downstream Conference and Exhibition. The objective of the symposium is to celebrate professional achievements, learn from well-respected experts, have an opportunity to network and improve upon knowledge.

In addition to the opening remarks delivered by His Excellency Shaikh Mohamed bin Khalifa Al Khalifa, Minister of Oil, Kingdom of Bahrain and Suleman A. Al-Bargan, Vice President Domestic Refining & NGL Fractionation, Saudi Aramco, the symposium, themed at Gender Diversity Advancement, covers key topics that aim at different aspects of gender diversity. LEWAS presents a high caliber of panelists who are experts and can offer deep insights into gender diversity in the energy industry.

Presentation- Best practices in advancing women in downstream: This presentation, themed at Gender Diversity Advancement, aims at sharing successful stories about advancing women in downstream. This presentation is led by Abdulaziz M. Al- Judaimi, Senior Vice President Downstream, Saudi Aramco.

Winning women panel: The winning women panel, themed at Gender Diversity Accomplishments, aims at highlighting the opportunities found by women in the downstream industry. This panel, moderated by Najla Baeshen, Saudi Aramco, is led by Fatema Moosa, Supervisor, GPIC.

Talk show- Examples of innovative solutions in the GDA founding companies and partners: This session, themed at Gender Diversity Accountability is moderated by Eithne Treanor, Managing Director, E Treanor Media and is led by Mae S. Al Mozaini, Manager, Research & Advisory Corporate Affairs, Saudi Aramco, Dawood Nassif, General Manager, nogaholding and Muna Al Suwaidi, Vice President Human Capital Division, ADNOC Refining.

Debate- To quota or not to quota: This debate, themed at Gender Diversity Approaches is aimed at quotas, targets, sticky floor, leaky pipeline, and glass ceiling. It focuses on the best approaches to use in these scenarios. This debate is moderated by Eithne Treanor, Managing Director, E Treanor Media and Shamael Al-Sharikh, Team Leader Corporate Communications, Q8 – Kuwait Petroleum International Ltd. and is led by Ebrahim Talib, Deputy Chief Executive (Refining and Marketing), BAPCO and Naila Haider E. Baqer, Team Leader Market Research, Kuwait National Petroleum Company (KNPC).

Presentation- The state of gender diversity globally in oil and gas, and in downstream specifically. Numbers tell the story: This presentation, themed at Gender Diversity Analytics is led by Dr. Iván Martén, Senior Partner and Managing Director, Vice Chairman Energy Practice, The Boston Consulting Group (BCG).

About the Awards: The Leadership Excellence for Women Awards will be held on 23rd October 2018 at Four Seasons Hotel, Bahrain Bay. The awards is dedicated to recognizing excellence and celebrating professionals who demonstrate talent and innovation in the energy industry.

LEWAS is a co-located event of the GDA International DownstreamConference and Exhibition. It is the leading Middle East strategic platform for downstream professionals to address business challenges, share best practices and unlock potential opportunities through collaboration and partnerships. Striving towards excellence, this forum aims at engaging regional and international stakeholders across the business, academia and technology providers to capitalize on investment, innovation and growth.
Registration for the symposium is currently open. To get involved, log on to www.lewa-symposium.org.

For any enquiries or suggestions, kindly contact Gitanjali Venugopal at [email protected] or +971 442 70 739.

Chevron, BP, Shell, Arkema, Veolia and Thames Water set to share their operational excellence journeys at IQPC’s conference on Operational Excellence in Energy, Chemicals & Resources

London; July 2, 2018 – Over 150 Operations leaders will gather in London this 2-4 October at the Operational Excellence in Energy, Chemicals & Resources Summit to learn from world-class industry leaders how to eliminate inefficiencies, reduce operational risk and build a sustainable culture of operational excellence.

The inspirational 40+ global speaker line-up features senior executives from Veolia, Shell, Chevron, BP, Thames Water, Arkema, Innogy SE, Aquaterra Energy and many more – all presenting at the event and there to guide delegates on their business transformation journey.

Download a copy of the agenda to find out more >>

Key themes for 2018 include how to:

  • Make Operational Excellence part of your organizational DNA
  • Manage change – without compromising business performance
  • Lay the foundation for OE by establishing principles that begin with safety – and then applying them to other areas of the business
  • Proactively identify and mitigate low probability yet high consequence events
  • Better leverage Technology to Drive out Operations Costs
  • Implement changes in leadership thinking and behaviors to drive transformation
  • Increase operational visibility by optimizing data and information management – and minimize unplanned events
  • Establish a unified OE strategy – to ultimately improve business performance
  • Strengthen your core operating processes to drive enterprise transformation
  • Detect whether your work environments, culture and processes are increasing the likelihood of a risk occurring
  • Benchmark your company against the characteristics of High Reliability Organizations (HROs)

For further information and for the full event line-up, download the 2018 agenda or visit the official event website.

Masdar and Equinor inaugurate world’s first battery storage facility connected to an offshore wind farm

Peterhead, Scotland; June 27, 2018 – Masdar (Abu Dhabi Future Energy Company) and the Norwegian multinational energy company Equinor (formerly Statoil) have installed, and will soon begin testing, a new battery system designed to store electricity generated by Hywind Scotland, the world’s first commercial-scale floating wind farm.

The battery storage solution is the first in the world to be connected to an offshore wind farm. The project is designed to evaluate the capabilities of advanced storage technologies to optimise the release of electricity from renewable energy plants to transmission grids – from both a technical and commercial perspective.

Deployed at an onshore substation, the battery system known as “Batwind” has a storage capacity of 1.2 megawatts, equivalent to the battery capacity of more than 1.3 million iPhones. By helping to mitigate peaks and troughs in production, the project aims to maximise the commercial value of Hywind Scotland’s electricity output.

Following the successful installation of Batwind, Masdar and Equinor will now explore how the new storage solution can be utilised to improve the operational and cost efficiency of other wind farms – to open up new commercial opportunities in an expanding global wind power market.

Bader Al Lamki, Masdar’s Executive Director for Clean Energy, said: “Energy storage is vital to unlocking the full potential of renewables by mitigating the variable nature of wind and solar power. Batwind will help us to understand how we can deploy this new technology in future projects, both in solar power and wind power plants.”

“Batwind exemplifies how we at Masdar are moving forward with our partners, through innovation and collaboration, to bring commercially viable solutions to the renewable energy sector,” Al Lamki added.

According to a recent International Renewable Energy Agency (IRENA) report from last October the cost of installing battery storage systems could fall by two-thirds (66%) by 2030. Masdar has played a key role in developing energy storage solutions as part of its commitment over the last decade to advance commercially viable clean technologies. An example is the Gemasolar concentrated solar power (CSP) project in Spain, the first in the world to use molten salt thermal storage and able to generate electricity 24 hours a day.

Operational data from Batwind will be assessed based on the weather, market prices and consumption patterns to create an intelligent and optimised storage system.

“The variability of renewable energy can to a certain extent be managed by the grid, but to integrate even more renewables, we will need to find new smart solutions for energy storage to reduce system integration costs and provide firm power,” said Hywind Development Manager, Sebastian Bringsvaerd. “How to do this in a smart and value creating way is what we are aiming to learn from Batwind.”

The Hywind Scotland wind farm was inaugurated in October 2017. Masdar holds a 25 per cent stake in the project while Equinor owns the remaining 75 per cent. The wind farm is made up of five 6-megawatt (MW) turbines floating 25 kilometres off the coast of Peterhead in northeast Scotland.

With an installed capacity of 30MW, Hywind Scotland supplies approximately 6,600 homes and displaces 63,000 tonnes of carbon dioxide emissions annually.

The project is Masdar’s second offshore wind partnership with Equinor, after the Dudgeon Offshore Wind Farm in the English North Sea. Combined with London Array, currently the world’s largest offshore wind farm in operation, the projects bring the total capacity of the UK renewable energy projects in which Masdar is an investor to over 1 gigawatt (GW).

Since 2006, Masdar has invested in renewable energy projects with a combined value of US$8.5 billion; the company’s share of this investment is US$2.7 billion. Besides the UK, Masdar’s renewable energy projects are located in the UAE, Jordan, Mauritania, Egypt, Morocco, Montenegro, Serbia and Spain. The electricity generating capacity of these projects, which are either fully operational or under development, is around 3 gigawatts (GW) gross.

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About Masdar

Masdar is Abu Dhabi’s renewable energy company which works to advance the development, commercialisation and deployment of clean energy technologies and solutions. The company serves as a link between today’s fossil fuel economy and the energy economy of the future. Wholly owned by the Mubadala Investment Company, the strategic investment company of the Government of Abu Dhabi, Masdar is dedicated to the United Arab Emirates’ long-term vision for the future of energy and water.

About Equinor

Equinor, formerly Statoil, is an international energy company with 20,000 committed colleagues developing oil, gas, wind and solar energy in more than 30 countries worldwide. We’re the largest operator in Norway, among the world’s largest offshore operators, and a growing force in renewables. Driven by our Nordic urge to explore beyond the horizon, and our dedication to safety, equality and sustainability, we’re building a global business on our values and the energy needs of the future.

Contacts:

E-mail: [email protected]

Tel enquiries in Arabic: +971 2 653 3333

Tel enquiries in English: +971 2 653 6014

For more information please visit: http://www.masdar.ae and connect: facebook.com/masdar.ae and twitter.com/masdar

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