MEED announces MENA Oil and Gas Technology Summit to explore digital transformation in the region’s oil and gas industry

Experts from ADNOC, Saudi Aramco, Shell, Kuwait Oil Company and more will speak at this digital event on 24 March 2021

Dubai, United Arab Emirates, 17 March 2021 – The MENA Oil and Gas Technology Summit, a one day virtual event hosted by MEED, will take place on Wednesday, 24 March 2021, bringing together stakeholders from National Oil Companies, large end users and utilities companies to explore topics including digitalisation, automation, cybersecurity and asset integrity within the region’s oil and gas sector.

The oil and gas industry is currently witnessing global oil price volatility coupled with an increasing emphasis on operating more sustainably. A forecast by the International Monetary Fund’s (IMF) expects the GCC’s GDP growth to return to pre-covid levels only in 2023 – citing weak oil demand, aggravated by the sharp downturn in oil prices due to the pandemic as the main culprits.    

“The region’s national oil companies (NOCs) are undergoing a major transition as they roll out new strategies aimed at diversifying and decarbonising their activities, while at the same time trying to optimise the performance of their assets and operations,” says MEED editorial director Richard Thompson. “The key to success for the NOCs is investment and effective deployment of advanced technologies such as artificial intelligence, smart sensors, robotics, advanced materials, and so on.”

“Next-generation technologies will help modernise operating models and build a workforce for the future to meet demands of the evolving energy consumer,” says Thompson. ”MEED’s virtual summit examines advanced technology investment by the region’s oil & gas industry and what it means for companies and workers in the region’s most important industry.”

Key players from the sector will discuss the potential that oil and gas companies can unlock with the use of emerging technologies. Attendees will have a chance to further their understanding of how embracing new technologies can reduce waste, save time and minimise costs.

The first panel discussion, Data Driven Operations, will see experts from ADNOC, Saudi Aramco and Petroleum Development Oman discuss the opportunity to multiply the value of data in to big gains in efficiency, productivity and cost savings. The panel of experts will discuss the ways to improve business efficiency, predictive maintenance, secure, scalable and reliable data management, and optimized use of data across global oilfield operations.  

HKA will explore mapping historical data to mitigate future risk, followed by a panel discussion on digital transformation featuring speakers from Kuwait Oil Company, Sharjah National Oil Company, Khalifa University and GlobalData. The panel will discuss how to encourage and foster digital transformation within oil and gas, digital twins, connectivity, IoT and machine learning, and finally how digital transformation and automation will affect asset integrity management.

His Excellency Dr. Mohamed Al-Kuwaiti, Head of Cyber Security, United Arab Emirates Government and Qasem Kharbat, Head of Digital Investments, Saudi Aramco Energy Ventures along with experts from Khalifa University and KPMG will explore cybersecurity in the final panel of the summit. The discussion will explore minimizing risks while undergoing digital transformation, the evolving threat landscape in oil and gas and how to remain agile.

The MENA Oil and Gas Technology Summit will take place on Wednesday, March 24 2021 from 9:00AM to 2:30PM GST. The virtual summit is free to attend, but pre-registration is required here — https://hopin.com/events/mena-oil-gas-technology

The summit is supported by Official Claims Partner HKA and Bronze Partner SAS.

About MEED

MEED is a remarkable senior management media brand that encompasses a subscription website, www.meed.com, the flagship publication MEED Business Review, MEED Projects, the projects tracking platform, and MEED Events and Communities. MEED’s goal has always been to help you succeed in the Middle East. For more than 63 years, MEED has been the number one source of news, analysis and projects intelligence for anyone doing business in the Middle East. 

In the current challenging conditions, it is more important than ever to have instant access to accurate, up-to-date information on the latest opportunities, trends and challenges in the Middle East. MEED.com is a business intelligence platform providing latest news, market trends, and expert analysis. MEED.com Premium package also gives you access to five exclusive interactive datasets that allow you to conduct your own detailed research into market trends, deals and companies.

MEED Projects is a premium subscription-only online service providing the most in-depth project tracking solution. MEED Projects provides the most comprehensive market, project, company and macro data for companies to create a successful strategy, driven by detailed robust data and intelligence for the Middle East, Africa and Central Asia markets. The database was launched in 2001 and has been a powerful resource for executives across multiple industries in the region for two decades.

MEED also runs highly popular monthly briefings, which offer exclusive access to MEED experts and the opportunity to network with your peers. Our high-value monthly magazine, meanwhile, provides a strategic review for senior executives of everything that is happening in the region.

To further our purpose of providing actionable business insights to our community to C-suite executives and regional influencers, the MEED Events and Communities division will host all events virtually until the pandemic-related restrictions on gatherings are eased. We aim to deliver highly focused programmes of activity on the key themes driving the region forward. Each programme will include a virtual conference offering exclusive industry insight and analysis, plus hyper-targeted opportunities to interact with potential business partners, clients and peers.

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