ADIPEC 2021, the global energy industry’s largest, most important and influential event held in Abu Dhabi from 15- 18 November.
The four-day business-critical platform was held under the patronage of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the United Arab Emirates, and hosted by the Abu Dhabi National Oil Company (ADNOC).
During the Strategic Conference, four themes were discussed throughout the week, including new market dynamics in a changing energy world; fueling the future: the new energy agenda; building the energy company of the future: new business models and investment flows; and transformational technologies: unlocking the engines of change.
Addressing the themes, H.E. Mohammad Barkindo, Secretary-General, OPEC, said: “The challenge is managing how to reduce greenhouse gas emissions that have been impacting our climate. The Intergovernmental Panel on Climate Change (IPCC) and many other reputable scientific institutions have called upon the global community many times to deploy their resources, their ingenuity, come up with policy measures, projects and programs to address greenhouse gas emissions.
Tayba Al Hashemi, CEO of ADNOC Sour Gas and ADIPEC 2021 Chair, underscored the importance of industry collaboration as the event drew to a conclusion. She said: “ADIPEC 2021 returned as an in-person event at a crucial time for the energy industry as we take stock of the outcomes of COP26.
Other conferences included the Technical Conference, Downstream Technical Conference, Offshore and Marine Conference and the ADIPEC Forum for Diversity, Equity and Inclusion.
ADIPEC 2021 also provided a forum for several landmark industry deals. These included the $6.2 billion agreement between Borealis and ADNOC to expand Borouge’s output, and the deal between Petronas and Baker Hughes to collaborate on technology to support the energy transition. In addition, a major new green hydrogen venture between ADNOC and TAQA was agreed, and a partnership between Mitsui, GS Energy, and ADNOC to develop a world-scale low-carbon blue ammonia facility was also concluded.