Adipec generates $8.2 billion in business for energy supply chain
- 17 Nov 2022
Adipec 2022 has generated an estimated $8.2 billion in business for exhibiting companies, a survey conducted across the 2,200 exhibitors has revealed.
Adipec took place in Abu Dhabi from Oct.31 to Nov.3, gathering some of the best minds from energy markets around the world to address critical issues facing the energy sector, including the trilemma of security, affordability and sustainability of energy supply.
The future of energy was discussed across more than 350 sessions, where over 40 ministers and 38 global CEOs, policymakers, energy experts and innovators shared their views on achieving a progressive and pragmatic transition and the significant role of investment and collaboration in the path to Net Zero.
Adipec 2022 saw a record global attendance of more than 160,000 attendees from 164 countries, with 41 percent coming from abroad. The UAE saw an estimated value of $200 million brought in through sectors that supported the four-day event, including tourism and hospitality.
Tayba Al Hashemi, Adnoc Sour Gas CEO and Chair of Adipec 2022, said, “Adipec 2022 set out the need for a bold and realistic energy transition, an approach that is both pro-climate and pro-growth if we are to successfully chart a future of energy that is secure, sustainable, and affordable. The event’s positive impact is not only felt here, in Abu Dhabi and the UAE, but by the global energy industry and governments, who continue to turn up in larger and larger numbers each year.”
“The record-breaking numbers of attendees and deals speak for themselves, but I have also been listening to feedback from attendees. They value Adipec because it fuses together strategic thought leadership and industry insight alongside commercial deal-making, the largest technical innovation conference programme, and a huge exhibition showcasing the latest in climate and optimisation technologies. Adipec continues to reinforce the role of the UAE and Abu Dhabi at the heart of the global dialogue on the future of energy.”
Global progress on climate action, the energy transition and the energy trilemma will be in sharp focus next year, as the UAE welcomes global leaders to the country for COP28 - The Emirates Climate Conference with the UNFCCC.
Adipec 2023, taking place in Abu Dhabi from Oct.2-5, about a month before COP28, will be particularly meaningful in framing industry discussions around some of these key challenges energy markets face today. Christopher Hudson, President of dmg events, organisers of Adipec 2022, said, “Adipec 2022 has shown the world that it is so much more than a hydrocarbon show. It is a strategic platform for climate and technology, bringing together key stakeholders to engage with a broad range of voices across the global value chain, collaborating and driving the energy transition dialogue forward.
WAM
