DUBAI, September 21, 2021 (WAM) – His Royal Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Supreme Energy Council of Dubai, attended the inaugural session of the 2021 Society of Petroleum Annual Technical Conference and Exhibition Engineers (SPE) (ATCE). ), which opened in Dubai today.
Saeed Mohammed Al Tayer, Chairman of Dragon Oil Company, said Dubai aspires to be a global platform for the introduction of innovative knowledge-based solutions to address the challenges of climate change.
“There is an urgent need for the UAE’s oil and gas sector to take the lead and tackle one of the biggest challenges it currently faces – achieving net zero carbon emissions. A significant goal that requires proactive participation, concerted efforts and the resilience of all parties involved, bearing in mind that 80% of the global energy mix currently comes from fossil fuels, ”Al Tayer added.
Al Tayer made the remarks during the inaugural address for the 2021 edition of the Society of Petroleum Engineers (ATCE) Annual Technical Conference and Exhibition, which kicked off on Tuesday, September 21, 2021 at the Dubai World Trade Center.
The 97th edition of the ATCE is placed under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council.
Now available to attend in person and online, the annual SPE Membership Meeting features ground-breaking articles and special technical events designed to accelerate the application of innovations in each technical discipline.
Al Tayer expressed confidence that ATCE’s technical program provides important research papers coupled with a series of proposals on energy transition.
“The event provides an opportunity to debate hot topics, including net zero transition, post-pandemic business models and strategies, accelerating the adoption of new technology applications, funding for future projects, collaboration in in terms of the energy mix, etc. “he said.
Al Tayer added that the oil and gas sector faces another challenge represented by the effective application of disruptive technologies to improve efficiency and productivity. “This is in addition to ensuring compliance with environmental regulations and standards. ”
Many countries, he continued, insist on the importance of developing the skills of local executives in a way that accelerates the licensing of the business activities of energy companies.
He highlighted the impact of the COVID-19 pandemic on accelerating digital transformation in many large oil and gas companies.
“This has been done through innovation and smart investments in information and communication technologies. It is now becoming increasingly essential to overcome the repercussions of the pandemic and ensure better use sustainable technologies. ”
Ali Rashid Al Jarwan, CEO of Dragon Oil and General Chairman of the ATCE Conference, spoke at the opening session of the event.
“The theme of ATCE 2021 is’ New Oil and Gas Journey: Agility, Innovation and Value Creation,” he said, noting that the event features important discussions on the future of energy.
“We are proud that the 2021 edition of SPE’s annual technical conference and exhibition is returning to Dubai for the second time. The three-day event embraces the conference’s legacy of excellence, drawing on the expertise of leading international oil and gas professionals. he added.
The technical program of the three-day event includes a plenary session, five group sessions, five regional sessions and more than 60 technical sessions that will give rise to a rich exchange of views and knowledge through 400 technical papers, carefully selected from among the 2,000 papers submitted addressing topics of relevance to E&P. In the meantime, more than 60 companies from 12 countries will participate in the simultaneous exhibition to showcase a wide range of current and future technologies with demonstrations and interactive displays, providing visitors with a captivating experience to discover the latest technologies in the E&P industry. .
Al Jarwan added that the technical program includes peer-reviewed articles of the highest caliber in the industry and sessions covering current applications and emerging technologies in all phases of E&P.
Moderated by Al Rashid Al Jarwan, the ATCE CEO’s plenary session focused on the new journey of oil and gas.
The first day of ATCE saw panels on a number of hot topics, including “Transitioning to Net Zero: Governments and Corporations” and “Post Pandemic Business Models and Strategies” and “Energy Mix Collaboration”, to which participated speakers and specialists.