Event News

The collaboration will focus on leveraging advanced technologies in the energy sector. (Image source: AIQ)

Artificial intelligence solutions providers AIQ and Inception have signed an agreement to drive technology innovation and transformation in the energy sector

Announced at GITEX Global 2024 in Dubai, the partnership will aim to enhance efficiency, improve safety and sustainability, and reduce costs through revolutionary near-real time data processing, advanced multi-modal insights, and AI-assisted automation across the entire energy value chain.

“Joining forces with Inception in this strategic partnership will see AIQ unlock new opportunities for growth and transformation in the Energy sector, pushing the boundaries of AI innovation and driving real, impactful change,” said Magzhan Kenesbai, acting managing director at AIQ. “This collaboration is testament to our commitment to enhancing productivity and sustainability, while reinforcing the UAE’s position as a global hub for technological excellence.”

Ashish Koshy, chief operating officer of Inception, said, “Our partnership with AIQ marks a defining moment in how artificial intelligence combined with domain expertise can accelerate innovation in the Energy sector. By combining our expertise in large language and advanced AI models with AIQ’s industry expertise and proven track record in the Energy sector, we are confident that together we will deliver solutions that will set new standards for operational excellence, efficiency, and sustainability. Our partnership with AIQ marks a defining moment in how artificial intelligence can accelerate innovation in the energy sector.”

The collaboration will focus on leveraging advanced technologies that enable faster decision-making and improve real-time data processing capabilities, empowering the energy sector to navigate the complexities and demands of operations with greater intelligence and agility. As part of the agreement, both companies will also explore opportunities to enhance AI models and accelerate the deployment of AI solutions across the energy value chain.

Libya's newly appointed Minister of Oil & Gas, Khalifa Abdulsadek. (Image source: African Energy Chamber)

Libya is all geared up to present to Italy its robust oil & gas plan at a half-day strategic programme called the Libya-Italy Roundtable and VIP Networking Evening in Rome

As a primary importer from a top oil-reserve holder, Italy's relationship with Libya dates back to 1959, when Eni first started its operations in the region. With natural gas demand currently fuelling the market as the cleaner alternative to oil, Libya has set off a robust gas monetisation plan. The latest development of Eni's partnership with Libya’s National Oil Corporation (NOC) includes the initiation of supervision and the subsea intervention services of the GreenStream pipeline that has been put on place to direct gas from the Bahr Essalam and Bouri fields to be delivered to European markets. Defined as the GreenStream BV, the partnership has entrusted Saipem with an extensive contract scope ranging from integrating survey data and critical spares, specialised engineering services related to asset integrity and readiness services for repair interventions in case of a wide range of damage scenarios. 

The Bahr Essalam and Bouri offshore fields, along with onshore fields in the Sirte Basin, are operated by Mellitah Oil & Gas – a joint venture between Eni and the NOC. A prime source for its gas market, Italy is heavily invested in the development of the one-billion-dollar, offshore subsea Bouri Gas Utilisation Project, which aims to capture associated gas from two offshore platforms at the Bouri field development. The ejected gas will then be transported to the Mellitah Complex – a major hub for gas production, processing and export – and delivered to European markets once production begins in 2026. 

With a plan to increase the utilisation of pipeline capacity up from 25%, the partners have further signed an US$8bn gas production deal to develop two offshore gas fields – Structures A and E – set to produce 750 mn cu/ft of gas per day by 2026. Signed last year, this has been designed to serve not only the international, but also the domestic market.

Decarbonisation of the sector remains crucial for Libya, as the country is aiming 12 new projects to reduce and convert flared gas to green ammonia and power for export. To bring this alive, however, requires an estimated US$4bn in local infrastructure improvements as reported by Wood Mackenzie.

Licensing round in 2025

To further exploration activities, Libya is preparing to open an oil and gas licensing round early-2025, targeting concessions in the Murzuq, Ghadames and Sirte basins. The country's newly appointed Minister of Oil & Gas, Khalifa Abdulsadek, is eyeing international events such as African Energy Week after Gastech for its promotion. “We are open for business and looking for investors,” he said. 

This comes at a time when the region is already garnering investor interests as expressed by more than 30 companies in its marginal assets alone. With an aim to produce 2 mn boe and 4 bn cu/ft of natural gas per day within the next three to five years, the NOC has ramped up maintenance work, targeting enhanced production from at least 36 wells, and kickstarted a US$17-US$18bn initiative for the identification of 45 greenfield and brownfield projects to meet production goals. A recent gas discovery has also been reported by Sirte Oil. 

A consortium comprising Eni, TotalEnergies and Abu Dhabi National Oil Company is also developing and exploring oil and gas fields in the NC-7 block in the Ghadames Basin, targeting 2.7 trillion cu/ft of gas to boost domestic production. In May this year, US$1.23bn was allocated to develop the NC-7 block – operated by a consortium led by Italian multinational energy company Eni – with a view to monetising 2.7 trillion cu/ft of gas in the Ghadames Basin. 

SPE OE25 will incorporate exhibition halls themed to address the evolving energy sector. (SPE Offshore Europe)

SPE Offshore Europe opens call for technical papers as it is set to return to Aberdeen from 2-5 September 2025 under the theme ‘Unlocking Europe’s Potential in Offshore Energy’

David Whitehouse, conference chair and CEO of OEUK is leading a 24-strong industry committee from across the supply chain that is developing a diverse programme to stimulate visionary discussions.

“SPE Offshore Europe 2025 is a convening force for everyone shaping our energy future. Here in Aberdeen we will bring together key leaders, superb speakers, trailblazing companies and innovative investors with opinion makers from across Europe and beyond.

“How we can deliver secure, sustainable and affordable energy is a fundamental issue as governments around Europe double down on efforts to decarbonise energy systems. Offshore Europe will explore how we can build on our strengths and work together to achieve these goals.

“Delegates can meet the people who are key to scaling up supply chain capacity, managing oil and gas production and advancing low carbon technologies including offshore wind, carbon capture and storage and hydrogen to transform Europe’s industrial and economic future in a way that leaves no one behind,” said Whitehouse while speaking about the four-day exhibition that has been curated with a mix of engaging formats, panel sessions and high-level fireside chats for an inclusive dialogue involving young professionals as well as established industry figures.

In addition to the speaker programme, SPE OE25 will incorporate exhibition halls themed to address the evolving sector including the Energy Transition Theatre, Offshore Wind Hub, Hydrogen Hub, Future Skills Hub, and Future Opportunities.

Those interested to submit an abstract for technical papers can visit the Offshore Europe website. The deadline for abstracts is 28 February 2025.

SPE OE25 is organised by The Offshore Europe Partnership, a joint venture between RX (Reed Exhibitions) and the Society of Petroleum Engineers (SPE).

The conference brings together the brightest minds and technical experts from across the energy value chain. (Image source: dmg events)

The ADIPEC 2024 Technical Conference has received a record 5,977 submissions, a 16% increase over last year, with major submission growth seen in the AI and Digital Transformation and Energy Transition and Decarbonisation categories, and increased submissions from African and Arab states.

The ADIPEC Technical Conference is a key part of ADIPEC, the world’s largest energy event, which takes place on 4-7 November 2024 in Abu Dhabi. Organised by SPE, the Technical Conference this year will feature 159 sessions across 12 categories, for which energy experts and engineers from around the world submit their work to be considered for presentation.

“As chairman of the ADIPEC Technical Conference, I am immensely proud to announce a historic milestone of 5,977 technical submissions received this year. This unprecedented volume of contributions underscores ADIPEC's vital role as a premier forum for innovative dialogue and exchange within the global energy sector. I extend my heartfelt thanks to all authors – the pioneering experts that continue to drive our industry forward, fostering the advancements and collaborative spirit necessary to meet the evolving demands of our world,” said Dr. Khaled Abdul Monem Al Kindi, Senior Vice President, Upper Zakum, ADNOC Offshore and ADIPEC 2024 Technical Conference Programme Chair.
Continuing its 40-year legacy of energy leadership and innovation, ADIPEC 2024 aims to be a driving force for accelerated energy action. This year, the event sets out a renewed vision, gathering diverse voices from communities, nations, and industries to find collective solutions that can deliver affordable, secure, and sustainable energy for all.

As a key part of ADIPEC’s portfolio of 10 conferences, the ADIPEC Technical Conference brings together the brightest minds and technical experts from across the energy value chain – the changemakers at the forefront of engineering, technology and industry innovation.

The two submission categories that saw the biggest increases were Energy Transition and Decarbonisation and AI and Digital Transformation, with 38% and 32% jumps respectively. These increases reveal the energy industry’s growing focus on emerging digital technologies and efforts to decarbonise in support of the energy transition, which are a major focus of ADIPEC this year, reflected across its dynamic conference and exhibition agenda.

A significant increase was also recorded in the number of submissions from Arab and African countries over last year, rising 50% and 28% respectively. Double-digit growth was also recorded in submissions from the Asia & Pacific Region, North America, and the Middle East. The ADIPEC Technical Conference also saw experts from 25% more companies submit their work for presentation.

Christopher Hudson, president of dmg events, the organiser of ADIPEC, said: "Decarbonisation presents many challenges and opportunities for all sectors. ADIPEC’s focus on platforming low-carbon energy innovations to power industry, empower lives, and accelerate global prosperity makes its Technical Conference a critical forum to advance a sustainable, secure and equitable energy future. This year’s record number of submissions, along with the substantial increases in geographical and category-specific contributions, highlights the alignment of our agenda with the industry's needs and the global commitment to be part of the solution."