To speed up the energy transition, technology, cooperation, and government policy are essential

During the conference session entitled ‘Decarbonising the downstream and petrochemical sectors: an ecosystem of change for downstream players’, Vimal Kapur, President and COO of, Honeywell said: “To advance the energy transition, what we’ve done in the last 100 years has to be done four times faster.For this to happen, the three important levers are technology, collaboration, and government policy. We’ve seen that when these elements come together, decarbonising projects, such as sustainable aviation fuel (SAF), are implemented quickly. There are several other similar opportunities like emissions monitoring and carbon capture that require a broader collaborative approach."

At the ADIPEC Opening Ceremony yesterday, His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, Managing Director and Group CEO, ADNOC, called for “maximum energy, minimum emissions” and stressed that “the world needs all the energy solutions it can get: oil, gas, solar, wind, nuclear, and hydrogen”. Speakers specialising in methane reduction urged the industry to take urgent action.

During the Decarbonization Conference titled ‘Operational mitigation action to reduce leakages’, Frigyes Lestak, CEO of Flare2Valve said, “We’re working to solve flaring urgently. There is 140 bcm (billion cubic metres) flaring per day. This would be enough to heat 50 million homes per year. Many flare reduction products are economical. You don’t need new technology. Don’t hesitate, act now. We don’t have a few more years.”

Christopher Hudson, President of dmg events, organisers of ADIPEC 2022 said, “The energy industry has an urgent need for collaboration on solutions that will decarbonise the sector. This is taking shape at ADIPEC this year through discussions on strategies, technologies, innovation, supply chain and more. With leaders, policymakers, developers and suppliers across the value chain present at ADIPEC, I’m confident about the outcome of workable solutions to propel the energy transition and a sustainable future.”

Bart Cornelissen, Energy, Resources & Industrials Leader at Deloitte said, “The Middle East is playing a pioneering role in the energy transition, as it possesses a built-in advantage and a head start in this journey. Major projects are taking place in the region to produce blue as well as green hydrogen, and the United Arab Emirates and Saudi Arabia are becoming major blue hydrogen and ammonia exporters by leveraging their existing midstream and downstream infrastructure.”

The largest global energy event takes place a week before COP27 in Egypt, and as the UAE prepares to host COP28, with the subject "The Future of Energy: Secure, Affordable, and Sustainable." ADIPEC is facilitating a more realistic, inclusive, equitable, and pro-climate and pro-growth energy transition discourse on a global scale.