ADIPEC 2016 to discuss market challenges in oil and gas sector

KOC ADIPECADIPEC 2016, which will take place at the Abu Dhabi International Petroleum Exhibition & Conference, will bring industry leaders together to discuss the future of the global oil and gas sector

The GCC’s strategic response to future changes in the market will be an important point of discussion when industry leaders gather for the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in November.

A senior manager at the Kuwait Oil Company (KOC), recently noted that the market has been challenging for the industry, with global oversupply and a constrained economic outlook in several key markets impacting on prices.

“The petroleum industry in the GCC states carries a significant responsibility for national development, and we need to be as efficient as possible, as innovative as possible, and maximise the utility we derive from our natural resources,” said Abdul Raheem, who is responsible for the conventional and heavy oil fields of the North Kuwait asset.

“ADIPEC is an important forum for us to achieve this, both as a discussion of industry issues and best practice, and through displays of new methods and technology.”

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