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According to a survey of 2,200 exhibitors, the recent Adipec 2022 generated an estimated $8.2 billion in business for exhibiting companies.
In a major deal for Adipec 2022, the UAE and the US have signed a historic agreement that will boost $100 billion in renewable energy and cleantech investments by 2035 in the UAE, the US and emerging economies around the world, according to a report by WAM.
Adipec also witnessed an agreement between Petronas, Accenture and Amazon Web Services (AWS) to use AWS technology to optimize logistics operations and costs for offshore vessels.
The Adipec survey also revealed that 97% of exhibitors met or exceeded their goals through participation, with 93% of exhibitors rebooking for Adipec 2023.
some of the best minds
Held in Abu Dhabi from 31st October to 3rd November, Adipec brings together some of the best minds from energy markets around the world to address key issues facing the energy sector, including security of energy supply, affordability and the sustainability trilemma.
Over 350 sessions discussing the future of energy, with 40+ ministers and 38 global CEOs, policymakers, energy experts and innovators discussing the path to incremental and pragmatic transformation and investment and collaboration on the way to the network Important roles shared their opinion zero.
Record global attendance
Adipec 2022 saw record global attendance with over 160,000 attendees from 164 countries, 41% of whom were from abroad. The UAE brought in an estimated value of US$200 million through sectors supporting the four-day event, including tourism and hospitality.
Tayba Al Hashemi, CEO of Adnoc Sour Gas and Chairman of Adipec 2022, said: “Adipec 2022 addresses the need for a bold and realistic energy transition if we are to succeed in developing a growth-friendly approach that is both climate-friendly, safe, sustainable and sustainable. The future of affordable energy. The positive impact of this event is not only in Abu Dhabi and the UAE, but also in the global energy industry and governments, who continue to emerge every year”
“The record breaking number of attendees and deals speak for themselves, but I’ve also been listening to the feedback from attendees. They value Adipec for its blend of strategic thought leadership and industry insight with business deals, the largest technology innovation conference program , as well as a major exhibition showcasing the latest climate and optimization technologies. Adipec continues to strengthen the centrality of the UAE and Abu Dhabi in the global conversation on future energy.”
climate action
Global progress on climate action, energy transition and the energy trilemma will be in focus next year as the UAE welcomes world leaders to the country for COP28 – the UAE climate conference with the United Nations Framework Convention on Climate Change (UNFCCC) .
Adipec 2023 will be held in Abu Dhabi from 2-5 October, about a month before COP28, and will be particularly relevant for shaping industry discussions around some of the key challenges facing energy markets today.
Christopher Hudson, president of dmg events, organizer of Adipec 2022, said: “Adipec 2022 has shown the world that it is more than just a hydrocarbons exhibition. It is a strategic platform for climate and technology, bringing together key stakeholders involved in global value chains The broadest range of voices in the world, collaborating and moving the energy transition conversation forward.
“This translated directly into business interests for attendees and significant benefits to the economy, and helped shape important industry discussions, demonstrating the foundational role of collaboration in the transition to net zero.”
decarbonization
Decarbonization was a key theme at the four-day event, with the first dedicated decarbonization zone and conference at Adipec. Experts share their thoughts on the latest innovations that will enable stakeholders to meet the growing demand for green solutions, attract strategic partnerships and cross-industry engagement, establish financing mechanisms, and translate innovative ideas into leading clean Practical solutions for the energy future.
Industry efforts on climate action have been further strengthened by a report by the United Nations Environment Program (UNEP), Focus on Methane: The International Methane Emissions Observatory to 2022, which found that more than 80 oil and gas companies around the world have committed to measuring and reduce their methane emissions. Companies need to do more to reduce methane emissions and tackle climate change, the Environment Agency suggests. — trade arab news agency
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