Adipec facilitates over $10bn deals
Oil and Gas News|December 2024
MORE than $10 billion in deals were facilitated at the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) 2024, underscoring its significance in the energy sector.
Adipec facilitates over $10bn deals

This year Adipe celebrated 40 years of energy leadership, reinforcing its status as a pivotal global energy event.

Under the theme "Connecting Minds. Transforming Energy" from November 4-7, this year's conference broke attendance records, attracting over 205,139 participants from 172 countries.

This iteration of ADIPEC marked the most successful to date, with over 2,250 exhibitors showcasing innovations across 16 halls.

Key transactions included Adnoc Drilling's $223 million acquisition of Deep Well Services and a $490 million contract with BGP Inc. for seismic survey expansion.

The event featured four new conferences and over 370 sessions, highlighting the diverse challenges and opportunities in the energy transition. A focal point of ADIPEC 2024 was the transformative potential of artificial intelligence (AI) in the energy sector.

The ENACT Majlis, hosted by UAE Minister Dr Sultan AI Jaber, convened global leaders to discuss leveraging AI for accelerated energy transformation.

Esta historia es de la edición December 2024 de Oil and Gas News.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición December 2024 de Oil and Gas News.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE OIL AND GAS NEWSVer todo
SABIC Exhibition to explore innovative tech in downstream
Oil and Gas News

SABIC Exhibition to explore innovative tech in downstream

THE 14th edition of the region's largest petrochemical exhibition will be held from January 2630, 2025, in the Jubail Industrial City of Saudi Arabia.

time-read
1 min  |
December 2024
New Emerson solution reduces energy costs
Oil and Gas News

New Emerson solution reduces energy costs

EMERSON has introduced its Energy Manager solution, a pre-engineered hardware and software offering designed to simplify industrial electricity monitoring.

time-read
1 min  |
December 2024
WEG launches W80 AXgen motor
Oil and Gas News

WEG launches W80 AXgen motor

WEG, a global leader in motor manufacturing, has launched the W80 AXgen electric motor, designed for Original Equipment Manufacturers (OEMs).

time-read
1 min  |
December 2024
AMETEK launches quartz microbalance analyser
Oil and Gas News

AMETEK launches quartz microbalance analyser

AMETEK Process Instruments has introduced its next-generation quartz crystal microbalance (QCM) moisture analyser, the 3050OLV, a modern update to a product with over 25 years of reliability and performance.

time-read
1 min  |
December 2024
Clariant catalysts to help cut emissions at Hengli's plant
Oil and Gas News

Clariant catalysts to help cut emissions at Hengli's plant

CLARIANT, a sustainability-focused chemical company, has installed its EnviCat N2O-S catalyst at Hengli Petrochemical's nitric acid plant in Dalian, China.

time-read
1 min  |
December 2024
TotalEnergies installs methane devices
Oil and Gas News

TotalEnergies installs methane devices

AS part of its ambition to aim for near-zero methane emissions by 2030, TotalEnergies announces that the company is going a step further in the monitoring and reduction of its methane emissions with the deployment of continuous, real-time detection equipment at all of its operated Upstream sites.

time-read
1 min  |
December 2024
More countries declare support for plans to triple nuclear power
Oil and Gas News

More countries declare support for plans to triple nuclear power

AT the COP29 UN climate change conference in Baku, Azerbaijan, six additional countries El Salvador, Kazakhstan, Kenya, Kosovo, Nigeria, and Turkey have joined the call to triple global nuclear energy capacity by 2050, reported World Nuclear News.

time-read
2 minutos  |
December 2024
Singapore allocates $74 million for green marine energy
Oil and Gas News

Singapore allocates $74 million for green marine energy

SINGAPORE'S of S State, Alvin Tan, announced a SGD$100 million ($74 million) government investment to boost green growth in the marine and offshore energy sector over the next five years at OSEA 2024. The three-day tradeshow attracted over 500 exhibitors and 15,000+ attendees from 100 countries.

time-read
1 min  |
December 2024
India, donor countries abandon energy transition partnership
Oil and Gas News

India, donor countries abandon energy transition partnership

INDIA will not proceed with the Just Energy Transition Partnership (JETP) initially discussed with donor countries like the US and Germany, aimed at aiding its transition from fossil fuels, particularly coal.

time-read
1 min  |
December 2024
Aramco, Rongsheng in deal for Sasref expansion
Oil and Gas News

Aramco, Rongsheng in deal for Sasref expansion

SAUDI oil giant Aramco has anSA nounced that it has, along with its key affiliate Saudi Aramco Jubail ReCompany finery (Sasref) signed a development framework agreement with Chinese group Rongsheng Petrochemical at a special event in Beijing that paves the way for expansion of a vital Sasref faclity in Jubail.

time-read
1 min  |
December 2024