Held under the patronage of HRH Prince Khalifa bin Salman Al-Khalifa, Prime Minister of Bahrain, and sponsored by Saudi Aramco and other energy leaders, the bi-annual event addressed the theme, 'Pushing the Technical Limits: Shaping the Energy Landscape'.
In a special address before an audience of energy executives, experts, government officials and policymakers, Nasser noted that strong economic growth in the emerging and developing markets will continue to drive demand for hydrocarbons.
At the centre of its new downstream strategy, ADNOC intends to create the world's largest integrated refining and chemical site in Ruwais, UAE, where it will triple petrochemicals' production to 14.4 million tonnes, annually, by 2025.
Asset consolidation, integration fuel business interruption risks for energy sector, says Marsh report
Marsh's report – Rethinking Business Interruption Risks in an Optimised Oil and Gas Industry – will be released at the firm's biennial Energy Industry Conference to be held in Dubai during 6-8 March 2018.
With onshore lower 48 output expected to exceed 11mbpd by 2023, US is poised to become the world's largest oil producer. But, questions remain about where this future oil production will go and the impact US volumes will have on the global oil markets.