Petroleum sector must look at new energy landscape

ABU DHABI / WAM

Oil and gas giants are calling for greater industry collaboration and an increased focus on operational efficiency, as global energy leaders prepare to gather in the UAE capital for the upcoming Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2016) in November.
Established as the world’s most influential exhibition and conference for the oil and gas industry, ADIPEC has a longstanding track record of bringing together globally celebrated luminaries and experts to discuss challenges and opportunities in the energy sector. The annual four-day event will take place from November 7-10 at ADNEC.
The future of the industry depends on its ability to embrace the new energy landscape and drive efficiency,
say experts.
Speaking ahead of his participation in the ADIPEC Global Business Leaders’ panel, where international CEOs will be addressing the challenges and opportunities facing the petroleum sector, Patrick Pouyanne, Chairman and CEO of Total, said that industry stakeholders must work in unison towards a
common goal of achieving a sustainable energy future.
“The global energy landscape is witnessing rapid change, influenced by economic challenges and efforts to reduce carbon emissions, which can be addressed by the emerging role of natural gas and renewables. All of this makes it crucial that industry players operate not only more efficiently, but also more closely, in a spirit of co-operation,” Pouyanne said.
“Technology, innovation, research – they all play an instrumental role not only in managing this transitional period, but also in leveraging the many opportunities that it presents. This is what makes ADIPEC an invaluable event for the oil and gas community, because it offers a global platform for stakeholders to collaborate and collectively address not only the imminent challenges in the energy sector, but the longer term picture that is starting to take shape,” Pouyanne added.