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ADIPEC Day 2&3 Highlights

Blog Post created by robin.dupre Champion on Nov 9, 2016

His excellency Sheikh Nahyan Bin Mubarak Al Nahyan, Minister of Culture and Knowledge Development, formally opened day two of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC). World energy leaders remain confident and optimistic about the long-term outlook for the oil industry. Growing energy demand, bolstered by a rapidly developing global economy, is creating a favorable environment for energy sector progress – one in which the petroleum industry will continue to play a prominent role.

 

Ministerial Session

Emerging market energy ministers, His Excellency Tarek El Molla, Minister of Petroleum and Mineral Resources Egypt, 

His Excellency Shahid Khaqan Abbasi, Federal Minister for Petroleum and Natural Resources, Pakistan and His Excellency, Arcandra Tahar, Vice Minister of Energy and Mineral Resources, Republic of Indonesia were joined by His Excellency Suhail Mohamed Al Mazrouei, Minister of Energy, United Arab Emirates, in a frank and forthright Global Ministerial Dialogue Session yesterday to discuss supply, demand and how to stimulate investment.

 

Global Business Leaders

With the price of crude slumping back to US$45 per barrel, producers in the region are preparing for a sustained period of lower hydrocarbon prices. If companies are to prevail in these conditions, they will have to rally behind strong leaders and be willing to collaborate with their peers, according to a panel of experts at ADIPEC’s Global Business Leaders’ session yesterday afternoon. Speakers of this panel were Mark Garrett, CEO Borealis, Jeff Miller, President,Halliburton,
Lisa Davis, CEO, Global Energy Siemens, Lars Christian, Bacher, Executive VP Development and Production International Statoil, Moderated by Dr Daniel Yergin, Vice Chairman, IHS Markit.

 

Women In Energy 

Today saw an incredible lineup of the global oil and gas industry’s most powerful women, who are joining forces to discuss both industry and gender issues in a frank and forthright forum, which promises to help not only inspire women in the energy workplace, but also create an encouraging environment for knowledge sharing and career development.
Baroness Emma Nicholson of Winterbourne, Prime Minister’s Trade Envoy for the Federal Republic Of Iraq, Azerbaijan, and Turkmenistan, President of The Iraq Britain Business Council, H.E. Merete Juhl, Danish Ambassador to the UAE and Qatar H.E. Fatema Al Jaber, Board Member, Al Jaber Group, Magda Maria De Regina Chambriard, Senior Representative, Brazilian Petroleum Industry. Moderated by Malak Fares, Business Presenter, Sky News Arabia.

 

Outcomes