The digital
revolution is expected to become the leading trend influencing the
decision-making process of CEOs and other leaders of the global oil and gas
industry. According to McKinsey's latest research, a set of interrelated
emerging technologies has the potential to achieve a potential value of 50
Billion dollars of savings and profits
Digital
technology includes areas such as Artificial Intelligence, Block Qin, Robotics,
Sensor Technologies, Automated Learning, Deep Learning, and Advanced Computing.
It is expected to contribute to a 20% reduction in capital expenditure, as well
as lower operating costs for exploration, development and production by 3% -5%
And
petrochemicals by between 1 and 3 percent
The benefits
of energy companies, customers and the entire community are expected to reach $
1.6 trillion over the next seven years, according to data presented at the
annual meeting of the 2017 World Economic Forum. Environmental benefits include
reducing carbon dioxide emissions by nearly 1,300 million tones, 800 million
gallons of water, avoiding the leakage of the equivalent of 230,000 barrels of
oil
In response
to the importance of decision makers to digital transformation, the 2018
edition of the Abu Dhabi International Petroleum Exhibition and Conference
(ADIPEC), the world's leading oil and gas event, is expected to focus on
exploiting the opportunities that will emerge from the adoption of digital
technology
"The application of digital technologies is a
pressing priority for CEOs and business leaders in the sector because of its
significant role in reducing costs, improving operational processes, and
achieving safety and environmental gains," said Jean-Philippe Course, Vice
President, Energy, DMG Events. Their impact extends to all areas of business.
However, these opportunities are hedged by many risks that need to be
understood and pursued. What we are witnessing is a revolution that is deeply
entrenched in the usual way of doing business in the oil and gas sector, which
will have long-term effects. K "ADIPEC" keen to respond to it through
the launch of a new "digital technology in the region's energy
sector", to support innovation and help guide smart investments that will
be the basis for business success in the years to come
ADIPEC will
be held from 12 to 15 November 2018 at the Abu Dhabi National Exhibition Center
under the patronage of His Highness Sheikh Khalifa bin Zayed Al Nahyan,
President of the United Arab Emirates, hosted by the Abu Dhabi National Oil
Company (ADNOC) with the support of the UAE Ministry of Energy and Abu Dhabi
Chamber and the Department of Culture and Tourism
The region's
digital energy sector, which runs through the exhibition halls and the
conference's strategic and technical programs, is expected to include leading
technology providers as well as emerging companies that support digital
technology in the oil and gas sector. The region includes an innovation theater
designed to allow companies Technology to host expert's speakers to illuminate
the concept of digitization and exit from the silo technology and included in
the essence of a broader and broader dialogue addresses the development of the
oil and gas sector
The
prestigious forum under the umbrella of its 2018 session is expected to bring
together energy ministers and executives from the world's oil and gas giants,
as well as the prestigious strategic and technical conferences of which it has
always been renowned, expanding, and developing in all aspects
The
conference, which was held for the first time at the 2017 session, is designed
to ensure that ADIPEC will cover each of the value chain in the oil and gas
sector. The Maritime and Marine Sector Exhibition and Conference will also be
held in parallel with ADIPEC, And on the waterfront adjacent to the Abu Dhabi
National Exhibition Center, where the event takes place
The event
will be hosted by a dedicated commercial diving area. Other benefits include
ADIPEC, which celebrates excellence in the energy sector, the ADIBEC
Educational Youth Program to encourage students to pursue a career in the
energy field, and the continuation and expansion of the " Women in the
Energy Sector ", which has been a success in previous years. The year 2018
will be part of the conference's program on"
Inclusiveness and Diversity
in the Energy Sector "
The ADIPEC
conference brings together companies, policy makers and policy makers that
shape the future of oil and gas supplies, hosting more than 80 speakers,
including ministers, executives, and leaders of global oil and gas companies,
who will give their expertise in this field over four days of business and
dialogue. Construction and events that will see the transfer of knowledge, to
meet the challenges of current energy and to shape the landscape of energy
tomorrow
The Global
Technical and Strategic Conference will be expanded this year to include 200
sessions with 980 expert speakers and more than 10,400 delegates. The Technical
Conference Program, organized in cooperation with the Society of Petroleum
Engineers (SPE), sets high international standards for the exchange of best
practices and operational excellence in the sector. All technical papers
submitted are subject to rigorous evaluation by the Technical Committee. , As
well as specialized sectors including maritime and maritime operations,
security and diversification of energy sources
The event is
set to be held alongside ADIBEC's renowned showrooms, which are supporting the
event as a major exhibition for suppliers and customers across the oil and gas
sector. The 2018 event is expected to attract more than 2,200 exhibitors,
including 38 national and international oil companies, And 30 national
pavilions
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