Delegates at Adipec in 2018. This year's event is set to attract more than 150,000 energy professionals from more than 60 countries. Bloomberg
Delegates at Adipec in 2018. This year's event is set to attract more than 150,000 energy professionals from more than 60 countries. Bloomberg
Delegates at Adipec in 2018. This year's event is set to attract more than 150,000 energy professionals from more than 60 countries. Bloomberg
Delegates at Adipec in 2018. This year's event is set to attract more than 150,000 energy professionals from more than 60 countries. Bloomberg

Energy transition and hydrogen to dominate 'hybrid' Adipec 2021


Jennifer Gnana
  • English
  • Arabic

The Abu Dhabi International Petroleum Exhibition and Conference, the UAE's key annual energy event, will return this year with a focus on energy transition and the unique place of hydrogen in the evolving value chain.

Adipec will be a hybrid event that will take place both online and in-person at the Abu Dhabi National Exhibition Centre from November 15 to November 18.

It is expected to attract more than 150,000 energy professionals from more than 60 countries.

Major themes at this year's event will include market dynamics in a changing world, a new energy agenda and how to build the energy company of the future, with particular emphasis on new business models and investment flows.

A round table on hydrogen has been added to the programme and it will feature discussions on how the clean fuel can help countries to pivot towards carbon neutrality.

Earlier this year, Adnoc, Mubadala and ADQ formed a hydrogen alliance to develop blue and green hydrogen projects in the country.

The size of the global hydrogen industry is expected to hit $183 billion by 2023, up from $129bn in 2017, according to Fitch Solutions.

French investment bank Natixis expects hydrogen investment to exceed $300bn by 2030.

Tayba Al Hashemi, chief executive of Adnoc Sour Gas, a subsidiary of the state oil company, has been appointed chairwoman of Adipec. She is the first female executive to hold the position.

"This year’s event takes on added significance as it comes at a critical time for the global oil and gas industry," said Ms Al Hashemi.

"It will be the first time our industry, which will be at the forefront of the recovery from the Covid-19 pandemic, will have had to opportunity to discuss the impact of the pandemic on energy markets and the many challenges and opportunities created by the accelerating energy transition."

COMPANY PROFILE

Name: Cofe

Year started: 2018

Based: UAE

Employees: 80-100

Amount raised: $13m

Investors: KISP ventures, Cedar Mundi, Towell Holding International, Takamul Capital, Dividend Gate Capital, Nizar AlNusif Sons Holding, Arab Investment Company and Al Imtiaz Investment Group 

Museum of the Future in numbers
  •  78 metres is the height of the museum
  •  30,000 square metres is its total area
  •  17,000 square metres is the length of the stainless steel facade
  •  14 kilometres is the length of LED lights used on the facade
  •  1,024 individual pieces make up the exterior 
  •  7 floors in all, with one for administrative offices
  •  2,400 diagonally intersecting steel members frame the torus shape
  •  100 species of trees and plants dot the gardens
  •  Dh145 is the price of a ticket
Company profile

Company: Verity

Date started: May 2021

Founders: Kamal Al-Samarrai, Dina Shoman and Omar Al Sharif

Based: Dubai

Sector: FinTech

Size: four team members

Stage: Intially bootstrapped but recently closed its first pre-seed round of $800,000

Investors: Wamda, VentureSouq, Beyond Capital and regional angel investors

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Company Profile

Name: JustClean

Based: Kuwait with offices in other GCC countries

Launch year: 2016

Number of employees: 130

Sector: online laundry service

Funding: $12.9m from Kuwait-based Faith Capital Holding

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