adipec dailies - day 2, 12 nov 2012

Discover the most innovative offshore temporary living quarters at stand G520

TODAYS TOP STORY

55531 ADIPEC Ear Adv.indd 1 17/07/2012 09:29

t h e t o t a l o i l & g a s s h o w

UAE investment key to energy market stabilityUAE Minister speaks to delegates and visitors at ADIPEC opening

His Excellency Mohammed bin Dhaen Al Hamli, the UAE Minister of Energy, has painted a bright picture for the local energy sector in a period of exciting and challenging change, in his keynote speech at the ADIPEC opening ceremony.The UAE will continue to expand and invest in bolstering the local sector and ensuring

market stability and progress, the Minister told a hall packed with the worlds leading energy players.He cited the huge developments at Fujairahs offshore Habshan, on the east coast of the UAE, with the recently opened pipeline and pending refinery by way of example.While oil may be coming to an

end, huge reserves remain. They require advanced technology to be brought to the surface, the minister said as he opened the ADIPEC conference programme, held under the theme of Sustainable Energy Growth: People, Responsibility & Innovation.

His Highness Sheikh Hazza bin ZayedAl Nahyan, Vice Chairman of the Abu Dhabi Executive Council, officially opened ADIPEC 2012 yesterday, which expects to host 50,000 visitors from 91 countries over the next four days. The concurrent conference stream features 300 expert industry speakers.

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Official opening

DAY 2

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Official Publication

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Country to invest US$150bn 03

Iraq minister interviewed

KOC chief looks to the future 04

Kuwait expands

Focus on Saudi Arabia 22

Central Bank of oil

Mubadala makes gas exploitation a priority

34 Energetic search

NEWS11-14 November

November 11-14, 2012Sustainable Energy Growth: People, Responsibility, and Innovation

...continued on page 3His Excellency Mohammed bin Dhaen Al Hamli

Visit ADNOC stand (No. A01) at ADIPEC 201211-14 November 2012

www.adnoc.ae

ADNOC views staff as its greatest asset and developing them is fundamental to the growth of the organization. The Petroleum Institute, the ADNOC Technical Institute and the Glenelg School of Abu Dhabi are but a few examples of ADNOCs educational projects that foster the Excellence through People concept that provides a business improvement model for organizations to enhance performance.

OUR HISTORY, PEOPLE AND INNOVATION...DRIVING OUR FUTUREOUR HISTORY, PEOPLE AND INNOVATION...DRIVING OUR FUTURE

NEWS11-14 November

A D I P E C N E W S 2 0 1 2 3www. p i p e l i n e c omm u n i t y . c om



Iraq could spend up to $150 billion on projects to expand crude oil output to nearly 9 million bpd and the Arab country has the potential to lift capacity to more than 12 million bpd, its oil minister said at ADIPEC yesterday.Abdul Karim Al Luaibi estimated Iraqs proven oil reserves at 143 billion barrels and said the figure does not include the unestimated reserves of Kurdistan, making Iraq one of the largest five countries in terms of recoverable

crude deposits.Speaking to ADIPEC Show Daily, the minister said $100-110 is an acceptable price for oil, noting that most producing countries base their budgets on around $90 a barrel.We are pushing ahead with oil projects to maintain our present capacity of 3.2 million bpd and at the same time increase that capacity...a recent IEA study showed that Iraq can reach nine million bpd in 2018 and I believe we can exceed 12 million bpd given the massive potential

of our fields, he said.Reaching that capacity could involve investment of $130-150 billion which could be shouldered by the foreign oil companies developing our fields...these companies are tied to agreements with Iraq on a services basis...they invest in projects, and then we pay them when we start producing.Al Aibi said reach a capacity of more than 12 million is very easy, but added: the problem is not with capacity but with marketing...if we

can market that amount then we are able to reach that target.He said Iraq, a key OPEC member, has signed major oil deals with key global firms such as BP, Shell, CPC of China and other companies, adding that such deals focus on developing oil and gas fields as well as upgrading export terminals.We will be pressing on with such projects to rehabilitate our oil sector...we aim for stable oil production in the coming period. Investment for stability

As world energy demand increases, the need for a stable market increases for both producers and consumers.The minister thanked HH Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE for unwavering support which has seen great and consistent efforts made in energy, particularly oil and gas. His Excellency said ADIPEC underlines the vibrant state of the energy sector, particularly as extensive efforts are made to turn Abu Dhabi into a green hub.This involves investment and long-term development. The sheer scale of ADIPEC reflects an excellent opportunity to discuss technical problems and their solutions.The industry faces problems but steps had been taken to offset

them. The next four days will provide a chance for networking and business, the minister said.Ali Rashid Al Jarwan, CEO of Abu Dhabi Marine Operating Company (ADMA-OPCO) and chairman of this years ADIPEC conference programme, echoed the ministers views.Research and training have enabled oil and gas to remain strong. He said standards now exceed the industry norm.The minister said this presents opportunities for the industry and more and more we need to explore and create partnerships.The theme of this years ADIPEC is at the heart of the industry, the minister said. This years programme offers more depth of content than ever.

NEWS

Iraq set to invest $150bn in big oil capacity expansionMinister says capacity is likely to reach 9mn bpd

Conference chairman describes event principles at elite expo forum

Energy Minister HE Mohammed bin Dhaen Al Hamli presenting SPE President Egbert Imomoh with a gift

...continued from front page

Formally introducing the conference component of ADIPEC 2012, Ali Rashid Al Jarwan, Chief Executive Officer of Abu Dhabi Marine Operating Company (ADMA-OPCO) and Chairman of the ADIPEC 2012 conference programme, said this years itinerary was the

most comprehensive to date, with more than 400 presentations and technical papers scheduled.Mr Al Jarwan said: This year offers more depth and scope than ever before. ADIPEC was founded on the principle of sharing knowledge and experience. This principle is as relevant

now as it was 25 years ago when ADIPEC was established.During the opening ceremony, Al Jarwan recognised the enduring contribution to industry excellence of Egbert Imomoh, President of the Society of Petroleum Engineers, organisers of the

ADIPEC conference.A former senior executive with Shell Nigeria, Imomoh praised ADIPEC as an environment of collaboration and education.ADIPEC will help us growing individually [at the SPE] and as a society, he added.

ADIPEC: knowledge sharing is pivotal

NEWS11-14 November

A D I P E C N E W S 2 0 1 24 www. p i p e l i n e c omm u n i t y . c om



HB Kuwait will spend $56 billion on sweeping oil and gas expansion over the next five years, according to Sami Al Rushaid, Kuwait Oil Company (KOC) chairman and managing director.

The country intends increasing its oil production capacity to 3.65 million

bpd by 2020, up from its current figure of about 2 million bpd, the KOC chief revealed.

The production expansion is part of a broader plan to increase oil output to 4 million bpd by 2030 which is in response to Kuwaits increasing power demands and maturing oil fields.

This will require a huge

increase in our production from primary and secondary sources. We aim to incorporate 750,000 bpd of this from new exploration, Al Rushaid told a top-level forum at ADIPEC.

Our growth needs reserves. We will need new reserves offshore.

The growth in Kuwaits oil production will come from both crude and heavy oil production, with EOR expected to add an extra 180,000 bpd and heavy oil to increase by 220,000 bpd, said Al Rushaid.

Water-flooding is set to play a significant role in this, with Al Rushaid citing two recent trial wells.

In a very short time, this opened our eyes to the potential of EOR, by playing early and fast. Since pace is critical, the scale of these has to

have a timely impact.Gas will also play

an important role, with production of non-associated gas set to increase ten-fold to

around 1.5 bcf by 2030. Not only are we now developing oil reserves [in line] with growing local electricity demand with 35 tcf in gas reserves, this is something we cant ignore, said Al Rushaid.

Despite the opportunities the NOC expects to leverage, Al Rushaid acknowledged it wasnt

without difficulties. It all sounds so easy, but not when you consider the magnitude of the task in relation to our relatively young skill base, he said,

with local skill shortages a problem impacting the industry across the region.

He added that KOC is committed to attracting, recruiting and retaining talented people.

Developing human resources is such a vital issue.

Technology was another challenge: What do we

need? Reserves and the technology to unlock themour growth needs continuous replacement of reserves and this will rely heavily on technology.

He also stressed that clear and stable contractual agreements are essential.

Overcoming bottlenecks in its pipeline networks - which he compared to spaghetti- was another issue, along with being mindful of environmental considerations.

Turning to the eco-issues, the KOC chief said: We need a close focus on safety and environment. Our record in reducing gas flaring is testimony to creating a better environment for the employees and the community of Kuwait.

KOC has a very exciting journey ahead.

Total would not choose between Baghdad and Kurdistan, the French companys Chief Executive Christophe de Margerie said.

We do intend to develop in Kurdistan. We hope they (Baghdad and Kurdistan

Regional Government) will quickly find solutions, De Margerie said on the sidelines at ADIPEC.

Iraqs central government says oil deals northern Kurdistan region are illegal.

Total annoyed Baghdad when it announced it had agreed to buy a stake in

two blocks in Kurdistan.We are working to

cancel Totals stake in the Halfaya contract. We will disqualify and terminate the contract of any company signing a deal with the Kurdistan region without the approval of the oil ministry,

Abdul-Mahdy Al-Ameedi, director of the ministrys contracts directorate, recently told reporters.

It will be difficult for Total to renegotiate a new deal in South Iraq, De Margerie said yesterday.

The Iraqi Government said Total will have to choose between Kurdistan and the South. We dont choose to choose.

Baghdad and Kurdistan have a long-running dispute about who controls contested territories and oil rights along their internal frontier.

In June, Total and its partners PetroChina and Petronas started production at Halfaya oilfield. Total has an 18.75 per cent stake

in the operation through a deal inked with Iraqs central government in 2010.

Total has said it is keen on Kurdistan investments because terms were better than those offered in a recent bidding round by Baghdad for the rest of Iraq.

Meantime, De Margerie yesterday revealed that Total is involved in discussions concerning selling some of its assets in Nigeria. He declined to name the prospective buyer/s.

The story has been the subject of much media speculation but hadnt been confirmed.

Our strategy is making our portfolio more active.

Yes, we are discussing with certain buyers about selling certain assets in Nigeria. This does not mean we will not continue our activities in Nigeria.

De Margerie said Totals largest investment in Africa was in Nigeria.

This does not mean we are scared and intend to start some kind of walking out of Nigeria. Total is happy to develop its projects in Nigeria. Walking away from Nigeria? Not at all.

Chinas Sinopec has been mentioned as likely to buy stakes in Nigerian onshore oil blocks from Total.

De Margerie declined to comment but said he would not deny the report.

COUNTRY FOCUS

Kuwait in major oil and gas expansion$56 bn to offset power demands, boost reserves

Our growth needs continuous replacement of reserves and this will rely heavily on technologySami Al Rushaid, chairman and MD, KOC

NEWS11-14 NovemberHall 9, Stand 9020

NEWS11-14 NovemberAtrium, A07

Total wont choose in IRAQ-Kurdistan dispute

24023_Daily news 36.5x27.6Citizenship.indd 1 10/4/12 11:50 AM

NEWS11-14 November




After a four month judging process, the winners of the second ADIPEC awards were finally announced at a gala dinner last night in Abu Dhabi. A key feature of ADIPEC, the awards recognised projects implemented or operational over the last 18 months that have raised the bar for excellence in the oil and gas industry.

The winners, chosen from 170 applications across five categories including management, technological innovation and corporate

social responsibility, were announced during a gala dinner at the St. Regis Saadiyat Island Resort. The awards ceremony was hosted by ADNOC and a keynote address delivered by HE Abdulla Nasser Al Suwaidi, Director General of ADNOC. All winners and finalists are projects that have been implemented or operational between December 2010 and January 2012. All five categories focused on projects and initiatives within the Middle East and North Africa (MENA) region.

Winners were chosen after a rigorous three stage judging process by a 21 member Regional Select Jury, comprising senior executives of

the ADNOC Group, Saudi Aramco, Bahrain Petroleum Company, Petroleum Development Oman, Shell and Total, as well as representatives

from leading academic institutions and professional associations.

Shell and Petroleum Development Oman (PDO) were the recipients of

two awards, with Saudi Aramco judged as the winner in one category.

The Pearl gas-to-liquids plant was judged the Best MENA Oil and Gas Project

ADIPEC AWARDS

EXCELLENCE IN ENERGY AWARDS: AND THE WINNERS ARE..

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Implementing the most advanced technologies in mature eld management demands more than leading-edge innovation.It also requires the ability to listen carefully to your needs and aspirations and to think out of the box.For almost 75 years, Total has been the committed, reliable, innovative partner whom you can count on to support Abu Dhabis sustained development.

www.total.com

YOUR INNOVATIVE PARTNER SINCE 1939Abu Al Bukhoosh, delivering cutting-edge technology and competencies

Saudi Aramco, PDO and Shell receive industrys top awards

NEWS11-14 November




by the RSJ. Chosen from a shortlist of six projects, the Shell GTL plant demonstrated the best quality project management that emphasised safety while meeting financial and business targets. Jointly owned by Shell and the Qatari government and situated in Qatars Ras Laffan Industrial city, this plant will produce an

estimated 3 billion barrels of oil equivalent of natural gas within its lifetime.

For the Best MENA Oil and Gas Innovation or Technology category, the Smart Waterflood project by Saudi Aramco was judged as the winner. A highly technical category, Saudi Aramco was found to have advanced the development of new

technology with a special emphasis on contributing to the knowledge economy of Saudi Arabia. This project notably uses seawater as an enhanced oil recovery method to extract oil from Saudi oilfields.

Health, Safety and Environment was the focus of the Best MENA Oil and Gas HSE Project or Initiative and was

won by Petroleum Development Oman for its NIMR Water Treatment Plant. The NIMR Water Treatment Plant was recognized for the application of innovative technologies and the effective management of people and systems by re-using up to 45,000 m3 of wastewater from their oilfields per day.

Adding value to communities was the focus of the Best MENA CSR Initiative, and was awarded to the Shell- Iraq Majnoon project. Shell will spend an estimated US$2billion on this oilfield by the end of 2012 in order to reach a targeted 175,000 barrels of oil per day.

Petroleum Development Oman was awarded Best MENA Oilfield/ Gas Field Management Strategy for its management of the carbonated reservoirs in Oman. PDO was recognised for adopting best practices in management across subsurface, automation, operations, engineering and IT departments.

The ADIPEC Awards jury panel comprised representatives from important international

and national oil companies who are effectively the decision makers on new projects in the MENA region. Being the winner of an ADIPEC Award is not only an honour, it also represents a regional benchmark for innovation and excellence, said Kimon Alexandrou, Commercial Director at dmg::events, organiser of ADIPEC.

For his leadership, support and guidance over the last two years, Mr. Ali Al Jarwan was given a special recognition award. As the Chairman of the ADIPEC Conference, Mr. Jarwan has been instrumental in transforming ADIPEC into the largest oil and gas conference in the MENA region.

ADIPEC AWARDS

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Implementing the most advanced technologies in mature eld management demands more than leading-edge innovation.It also requires the ability to listen carefully to your needs and aspirations and to think out of the box.For almost 75 years, Total has been the committed, reliable, innovative partner whom you can count on to support Abu Dhabis sustained development.

www.total.com

YOUR INNOVATIVE PARTNER SINCE 1939Abu Al Bukhoosh, delivering cutting-edge technology and competencies

NEWS11-14 November




Sound policies needed to meet energy demand

The energy industry will need to forge new and innovative partnerships while governments will be required to establish sound policies to enable development energy to meet global demand, Morten Mauritzen, Lead Country Manager of Exxon Mobil Corporation, said yesterday at ADIPEC.

The future of millions of people from their transportation and jobs to their health care and childrens education will depend to a large degree on how government and industry fulfill their roles in unlocking new supplies of energy, he said.

By the year 2040, the global population is expected to grow by about 25 per cent, pushing energy demand about 30 per cent higher than today. Mauritzen said to meet that need, industry must pursue the development of new energy supplies in a way that is safe, secure, and protects the environment for future generations.

The best way to meet both parts of these twin energy responsibilities developing new supplies and being wise stewards of the environment is through innovation, Mauritzen said, pointing to development of shale oil and gas through the combination of directional drilling and hydraulic fracturing.

Today, we can produce unconventional oil and natural gas that were believed to be not

just uneconomic, but physically impossible to recover just a decade ago. Innovation has enabled our industry to breathe new life into old fields, enhancing recoveries from existing wells with strategies that can take into account decades of previous production, he added.

Mauritzen noted that innovation is driving increased development of the Upper Zakum field in Abu Dhabi, considered to be the worlds largest oil field. Through the ZADCO joint venture, where ExxonMobil is a strategic partner for ADNOC, the field is being completely redeveloped. Extended reach wells are being drilled from artificial islands, enabling additional production which will add several hundred billions of dollars in value to Abu Dhabi.

The essential principles for visionary and innovative partnerships include a focus on creating maximum value over the long haul, distributing risks fairly among partners to ensure all parties are rewarded proportionately for the value they create and long-term relationships that increase investments in new technologies and techniques, said Mauritzen.

Our industry has proven we can unlock new supplies of energy safely and responsibly when governments establish and maintain sound and stable policies, he said.

BP Middle East spoke to ADIPEC SHOW DAILY.

How do you see ADIPEC, and what do you expect from your participation?

ADIPEC is one of the biggest energy events in the Middle East and one of the most important oil and gas events globally. It has gone from strength to strength over the years to become a major event where high-profile industry delegates, professionals, suppliers and service providers meet to discuss the latest developments and technologies in the industry. ADIPEC contributes greatly to the oil and gas industry in the region by allowing people to share knowledge

and network. For BP, our presence is about showcasing our global upstream technology and demonstrating what makes BP a world-class operator, a good corporate citizen and a great employer.

How is 2012 for BP?2012 was a continuation

of our strategy to play to our strengths and to reinforce our risk management processes and structures. Were focusing on the strengths that will create value. In BPs case those strengths are exploration, deepwater production, giant fields, gas supply chains, and a world-class downstream business, all underpinned

by technology and relationships.

How do you see the markets in future?

BP provides a long term projection of future energy trends and key uncertainties in its Energy Outlook 2030. The outlook projects growth in overall energy demand

(liquids, natural gas, coal and non-fossil fuels) of growth of about 1.6 per cent a year to 2030. This will mask an even sharper contrast as we expect OECD consumption to stay essentially flat but non-OECD consumption to rise by 70 per cent, driven by economic and demographic growth.

INTERVIEW

NEWS11-14 NovemberAtrium, Stand A08

BP: 2012 year of recovery Company plays to its strengths


ADIPEC is one of the biggest energy events in the Middle East and one of the most important oil and gas events globally. It has gone from strength to strength over the years to become a major event.

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Looking back on decades of operati-onal expertise within the world leader in gases for industry, health and the environment, we develop creative, safe, reliable and competitive solutions for our customers proposing a sustainable worldwide o er of best-in-class plantsin a dynamically changing market place.

Your global success will be built on our global capabilities organized in a network spread around virtually all continents with a strong local footprint to serve our clients. In particular, we serve the oil and gas market in the Middle East.

Get in touch with us.

And it makes Air Liquide Global E & C Solutions your partner of choice.

Know-how is more attractive than ever.

AIR2185026_AZ_ADIPECNEWS_276x365_2012_RZ.indd 1 17.10.12 11:03

NEWS11-14 November




Masaood John Brown (MJB) is a total service provider to owners and operators of industrial gas turbines worldwide. The companys long history in the Middle East started in 1969 when it sold the UAEs first gas turbine into the market. In 1979, MJB was originally formed as a joint venture between Mohammed Bin Masaood and Scotland-based John Brown Engineering and is now 100 per cent owned by Al Masaood Group

In March this year, the company expanded its operations, opening a new state-of-the-art repair and manufacturing facility in Jebel Ali, Dubai. The customised air-conditioned

workshop covers an 8,000 square-metre area, with full capacity to repair heavy industrial gas turbine stationary and rotating parts, including FA and DLN technology.

MJB can now offer

re-blade and balancing of rotors up to and including Frame 9, as well as stock exchange pool rotors across the full range of GE Frame gas turbines, said Nathan Griffiths, sales manager for Gulf Peninsula,

MJB. This includes a Frame 9 turbine section and re-bladed compressor section, allowing us to ensure both regional and international customers have access to critical parts on an urgent basis.

The company is using ADIPEC 2012 to maintain customer awareness of new developments and capabilities, such as the new Jebel Ali facility. A valuable aspect of ADIPEC is that it allows us to aim

not just at clients within the Gulf market, said Jim Page, MJBs regional sales manager for Africa, Near East and Indias. As the show has evolved, it has become much more international, allowing us to increase our reach in

terms of global awareness. To this effect, the MJB stand is showing a new corporate video, demonstrating the companys full capabilities and the significant investments it has made into its product portfolio.

FMC Technologies has enjoyed a 50-year presence in the Middle East via its numerous support centres, facilities and after market services. As a leading services provider, its strengths lie in sub-sea, surface wellhead, and high pressure pumping for fluid control and marine loading arm solutions.

Its relationships in the Middle East extend to some of the regions most prominent oil and gas companies. These include GASCO (the companys local partner) and ADNOC operating units such as ADCO, ADMA-OPCO and ZADCO.

Were at ADIPEC to keep

our partnerships strong, said Douglas Moody, senior VP and GM Asia Pacific/Middle East region. We are hoping to have discussions with all our partners while were here.

FMC Technologies has had a presence at ADIPEC, either directly or through its local partners, since the shows first issue in 1985. With the demand for oil development and particularly natural gas, it has added production and service capacity to the market.

This capacity is particularly in terms of the higher specifications required for natural gas, across all aspects from production and installation

services through to life field support, said Moody. With our global strength as a leader in the development of unconventional sources, such as shale oil and gas, we aim to bring the same technologies to the Middle East as unconventionals feature to a greater extent in the region.

At the same time there are challenges in helping to solve customers issues, he acknowledged: Some of the infrastructure still isnt here. FMC can provide the technologies that help clients bring them to implementation, not just through the technologies themselves, but through training and other types of support.

INTERVIEW

Leading the way in gas turbines

Unconventional expertise

MJB delivers new repair and manufacturing facility for Middle East customers

FMC Technologies taps into new regional ground

Compressor blade inspection

Douglas Moody



As the show has evolved, it has become much more international, allowing us to increase our reach in terms of global awareness.

We put you first.And keep you ahead.

Copyright FMC Technologies, Inc. All Rights Reserved.

FMC Technologies has improved surface wellhead reliability by applying advanced sealing technology often used in our subsea applications. We have eliminated steps in drilling and completion, to help you save rig time and maximize crew safety. And our strategically located manufacturing facilities and service bases ensure that you get what you need the minute you need it. So dont settle for average when you can economically boost long-term reliability, time savings and safety with a single call to FMC Technologies.

FMC Technologies276mm x 365mm

NEWS11-14 November




Gerab National Enterprises, a veteran in the pipes and pipe fittings supply industry, based in Jebel Ali Free Zone in Dubai has been a regular participant at ADIPEC for the last two

decades. This year, Gerab is keen to demonstrate its strength gained during its 35 year existence.

Gerab has participated at ADIPEC since the exhibition started two decades ago, and we are proud to be part of this

major exhibition. We are excited that as of next year onwards ADIPEC will become an annual event, giving us an opportunity to stay closer to our customers every year, said Abdulla Sharafi, President of Gerab National Enterprises.

Supplying pipes, fittings, flanges, stud bolts, valves, gaskets, and other bulk material world-wide since 1977, Gerab has accumulated unmatched experience managing bulk material supplies for projects and day-to-day requirements.


AROUND the hALLS

Gerab showcases pipesPipes supply company regular ADIPEC participant for two decades

TAQA on the attack

Abu Dhabi-based Taqa Energy Company is eying new investment opportunities in the Middle East and North Africa as it pushes ahead with plans to boost production in the North Sea and other areas.

The government-controlled company, one of the largest energy investment firms in the Middle East, has been locked in negotiations with Turkey for a planned major power project and hoped a deal would be reached before the end of this year.

Taqas CEO Carl Sheldon told ADIPEC show daily the company pumped nearly 139 million equivalent barrels per day of oil, gas and power in 2011, adding that expansion plans would widen the capacity in the coming years.

TAQA is a company with international reach and we have growth aspirations to match this. North Africa and the Middle East are ripe with opportunities for new projects and TAQA is constantly on the lookout for new opportunities in these regions that

would complement the make-up of our existing portfolio, he said.

We have also identified Iraq, Saudi Arabia and North Africa as regions where demand for reliable power and clean water is strong and growing.

He said Taqas crude oil production peaked at nearly 139,100 bpd in 2011, mostly from its assets in Britains North Sea, Iraq, the United States and Canada.

We are engaged in exploration, development and production of crude oil, natural gas, natural gas liquids, gas storage, oil and gas processing and transport. We plan to develop oil and gas assets alongside power and water projects in countries in North Africa and the Middle East, but plans are also underway to boost production in the UK North Sea - an area we have had considerable success with taking over late life assets and turning them around, he said.

In the Netherlands we are currently developing the Bergermeer storage facility, which will double the Netherlands seasonal gas storage capacity.

Carl Sheldon

NEWS11-14 NovemberHall 4, 4120A

NEWS11-14 November




With more than 60 years experience, French firm Froment designs and produces fall arrest equipment.

Froment has partnered with Sharjah-based Allsafe Leadership in the Middle East, a producer and exporter

of fall arrest equipment, lifting gear, webbing, slings and cargo lashings to more than 35 countries.

Comfort of use, safety and quality are our priorities, said Emile Vivien from Froment. Our production sites strictly follow the highest standards of production control.

Froment and Allsafe are both ISO 9001:2008 certified.

At ADIPEC 2012, Vivien said: We would like to invite key oil and gas general managers, HSE professionals, purchasers, and construction and project managers to visit our stand. We are displaying a wide range of PPE

and fall arrest products. Visitors can benefit from face-to-face interaction with our technical advisors and seeing the products first-hand.

Froment is showcasing products from its PPE and fall arrest range, focused predominantly towards the oil and gas industry.

NEWS11-14 NovemberHall 9, Stand 9055C

Promoting safety at heightJohnson shows process cooling capabilityADIPEC focus for new launches

Johnson Controls Middle East, headquartered in Dubai, UAE, looks after 17 countries from Turkey to Yemen; Pakistan to Libya.

It has a long established history of many successful projects in the region. Johnson Controls is showcasing its capabilities in the Process Cooling

field at ADIPEC 2012. As well as launching the new 408 screw compressor and Quantum HD Controller, JCs staff is looking forward to meeting with customers and potential

business partners. Johnson Controls is

pushing the envelope on oil-flooded rotary screw compressors with the addition of the Frick brand 408mm series to a long line of well-respected compressors. With three new models, the range now extends from 71 CFM (122 m3/hr) to over

8,200 CFM (13,950 m3/hr). Applications include process refrigeration, natural gas gathering, process compression, and food and beverage refrigeration.

Joe Pillis, Director of Engineering for Industrial Refrigeration with the sleeve bearing prototyope.

Johnson Controls is pushing the envelope on oil-flooded rotary screw compressors

NEWS

NEWS11-14 November




Multistage stiMulation systeM for unceMented

coMpletions

Falcon

The Falcon* multistage stimulation system for uncemented completions enabled Wyatt Oil + Gas to complete five horizontal, multilateral wells with no service quality issues. The result: higher production, faster execution, and lower costs.

We were very pleased with the quality of the service Schlumberger provided. They were available 24/7 to make sure everything worked smoothly. Now the Falcon system is our method of choice for multistage stimulation.

Darren Shaw, President, Wyatt Oil + Gas Inc.

www.slb.com/falcon1

schlumberger can help you work faster and smarter in unconventional reservoirs. Visit schlumberger booth 4080 to learn more.

Global Expertise | Innovative Technology | Measurable impact

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Multistage stimulation, seamless execution

ADIPEC has introduced a new feature aimed at its most high-profile guests: the Middle East Petroleum Club (MEPC), which opened this morning with a host of high level industry figures attending.

When developing the idea for the Middle East Petroleum Club, we decided to go to the market and ask them what they wanted. We have the support of senior executives from Sonatrach, ADNOC, Saudi

Aramco, KPC, PDO and BAPCO on this exclusive club initiative, so we know this is a very much needed and appreciated initiative, said Simon Mellor, of dmg::events, organisers of ADIPEC.

MEPC will provide

its guests with five-star cuisine and luxury lounge facilities, and promises to be an ideal location for industry decision makers to exchange ideas, strategies and best practice.

During the first day,

Middle east PetroleuM Club

Key players get five-star treatment Business lounge facility for senior industry executives

Hirobumi Kawano, president, JOGMEC, Japan National Oil, Gas and Metals Corporation described it primarily as a social area to see colleagues and friends and exchange ideas. We will also invite counterparts in the conference room for more private conversations, he said.

Its a very good idea to have this type of separate environment, said Paul Navratil, Middle East energy, utilities and mining leader, PricewaterhouseCoopers on the opening morning. Its difficult to conduct senior-level meetings in a big hall environment. I have several meetings lined up already.

Bob Jordan, partner in-charge Middle East, Baker Botts law firm and also at the opening, agreed. If you want to encourage senior people to come to something like this its helpful to have the personal touch in a serene environment, he said. MEPC has been well-executed by friendly and knowledgeable staff.

Research conducted

during the planning phase of ADIPEC found that there are an estimated 1,200 professionals across the Middle East and North Africa who work in medium-to-large oil and gas organisations with the title of director and above. The idea behind the MEPC was therefore to support networking among this important group of senior professionals.

Etihad Airways is hosting the guests, providing them with the first class service you have come to expect from Etihad and ensure that executives take full advantage of the facility. Invitees will receive an exclusive VIP MEPC badge that will allow them access to conference plenary and panel sessions, the ADIPEC exhibition area, and the Middle East Country Briefing panels.

The Middle East Petroleum Club runs daily from 9:30am to 6:00pm on November 11-14 at the ADNEC grandstand area. All members of the Club will be personally invited.

NEWS11-14 November




Exterran is the global leader in natural gas compression equipment and services. We have decades of experience as a premier provider of equipment and solutions for gas processing, production equipment, produced water treatment, and aftermarket parts and services. Our global contract compression, gas processing operations and equipment maintenance capabilities are world-renowned.

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ADIPEC 2012

At ADIPEC 2012, Schlumberger will showcase its strengths in combining services, workflows and software, with a particular focus (and video demonstrations) on extended reach drilling.

Featured technologies will include mud-logging, well intervention, well services, wireline and testing services.

Hussein Fouad El-Ghazzawy, GM & VP, Schlumberger UAE, said: ADIPEC provides a great opportunity to showcase emerging technologies, and new workflow processes, specifically developed to support our

customers exploitation of hydrocarbons from increasingly challenging reservoirs in the most efficient, economic and safe manner. Schlumberger is proud to have been involved in the regional oil and gas industry since its very outset. In 2011, we celebrated 60 years of operating in the UAE and consider ourselves an integral part of the local landscape.

El-Ghazzawy cited the importance of enhancing recovery as one of the biggest priorities for Schlumberger, which it is achieving by improving sweep efficiency and reservoir monitoring systems. Drilling

optimisation will remain key to this part of the world, he said.

Another Schlumberger initiative is its PetroMod petroleum modelling software that combines seismic, well, and geological information to model the evolution of a sedimentary basin, and predict if and how a reservoir has been charged with hydrocarbons, including migration

routes, quantities, and hydrocarbon type.

In the meantime, with 2011 revenues of $36.96 billion, Schlumberger continues to deliver outstanding results.

El-Ghazzawy is proud of Schlumbergers innovation in another area the Regional Journey Management Center (RJMC). Launched here in November 2010, the

RJMC has seen an 89 per cent reduction in speeding incidents, 77 per cent reduction in fatigue-related driving and 30 per cent

reduction in auto accident frequency. The successful initiative is now spreading to other Schlumberger centres globally.

MOVERS AND SHAKERS

Exploring new territoriesSchlumberger is among ADIPECs most prominent exhibitors

Hussein Fouad El-Ghazzawy


In 2011 we celebrated 60 years of operating in the UAE and consider ourselves an integral part of the local landscape.

NEWS11-14 November




Siemens has chosen ADIPEC to reveal it has signed a three-year service contract for the maintenance of the strategic Habshan-Fujairah crude oil pipelines automation and telecom system.

Ali Vezvaei, Siemens executive vice president and general manager Oil and Gas, told ADIPEC Daily said the company is particularly proud of the deal as the project is of national interest.

The contract is for maintenance, operational support services. Siemens designed, engineered, installed and commissioned entire automation and telecom system for strategic pipeline and the company will train ADCOs workforce on operation, maintenance of bespoke system

Under the terms of the maintenance contract, signed with the pipelines operator, Abu Dhabi Company for Onshore Oil Operations (ADCO), and includes the option of a two-year extension, Siemens will provide comprehensive maintenance services for the pipelines automation, control and telecom system that has been installed and commissioned by the company, enhancing the facilitys operation and also bringing advanced training to the teams managing it.

The Siemens pipeline automation, control and telecom system installed

at the Habshan facility ensures that the pipeline operates reliably and safely in all potential scenarios, allowing the operators to swiftly control a wide range of variables, including different stations and streams, from a central location, said Vezvaei.

The approximately 380-kilometre Habshan-Fujairah oil pipeline runs from Abu Dhabi to the emirate of Fujairah, located on the Gulf of Oman. With a nominal capacity of about 1.5 million barrels a day, the pipeline began pumping crude in June 2012 for the first time and presents the UAE with an alternative to shipping oil through the Strait of Hormuz.

Vezvaei said: We have been comprehensively involved in the Habshan-Fujairah pipeline project from an early stage, and this service contract means that Siemens is in a position to offer continued localized support to ADCO with day-to-day maintenance and lifecycle services, and also with adjustments and enhancements that are essential to the continued reliability, efficiency and safety of the system.

Under the terms of the service contract, Siemens will also maintain a presence on site in order to implement a comprehensive training program, designed to prepare ADCOs workforce for independent operation of the bespoke automation system.

Vezvaei said that

the project had been multi-dimensional and that Siemens solution resulted in the seamless integration which resulted in flawless operation.

He said in the future a number of requirements for enhancement and familiarising people with the operation.

The operations scheme will vary according to sources as well as methods used to ship out oil.

When they ramp up the project theyll call in all sorts of modules. All of the enhancement will be supported by us.

When it is operational we will be shoulder to shoulder with the client.

We expect by early January that well be deploying our resources in the field.

Dietmar Siersdorfer, CEO, Energy, Siemens Middle East, added: The signing of this

service contract is a prime example of our commitment to the development of the regions infrastructure.

Siemens has a long-established presence in this region and has been a trusted partner for many of the Middle Easts landmark projects. Service

contracts such as these are an important part of our business, vindicating the decision to maintain comprehensive locally-based expertise, and also ensuring that our installed equipment, from all divisions, continues to exceed expectations throughout its life.

INTERVIEW

Siemens inks maintenance contract for Habshan-Fujairah pipelineOil link is of national interest

Ali Vezvaei Dietmar Siersdorfer

The Siemens pipeline automation, control and telecom system installed at the Habshan facility ensures that the pipeline operates reliably and safely in all potential scenarios

NEWS11-14 November




Bob Dudley, the BP CEO, yesterday presented a blueprint at ADIPEC aimed at meeting the challenges the industry faces, in the Gulf and globally.

While the industry faces challenges nowadays, it has triumphed over greater ones in the past, he said.

BP has a great affinity with the UAE as the company and country have worked together since the industry emerged in the emirate.

BP has been working in Abu Dhabi since the inception of the industry (there). And we are

investing several billion dollars over the next few years, he said.

Dudley, one of the keynote speakers at the high-level ADIPEC conference, said the industry needs to find new green

fields, preserve brown fields, find unconvential gas, use energy more efficiency and create an eco-friendly energy mix.

And it was pivotal to put in place structures and systems for risk

management, he said.We need to reduce risk

in what is a risky business.He gave the example of

BP introducing a simple process of cooling sub-sea pipelines.

BP has also stepped

up exploration and seismic investment.

BPs $35 billion divestment programme across its global oil and gas operations part of its total $38 billion divestment target between

2010 and 2013 was also addressed by Dudley.

Spanning a broad range of its operations, this selling off of assets came from its exploration and production and pipeline assets, with oil and gas wells accounting for 30 per cent.

Meantime, Reuters reported that BP feels it can be included in the bidding process for Abu Dhabis largest onshore fields after being initially passed over.

Im positive about it ... Im optimistic that cooperation will go on for a long time, the agency quoted Dudley as saying, adding that he hoped to hear about the concessions

in the next week or so.Reuters had quoted

industry sources in August as saying that BP, which holds a 9.5 per cent stake in the ADCO concession that is coming up for renewal in 2014, would not be allowed to participate in the pre-qualification process due

to the UAE disagreeing with some UK policies.

We never knew we were excluded and I think the spirit and the feeling of the communications that we have is positive and we have been talking at multiple levels on this, Dudley was quoted as saying.

PLENARY SPEAKER

Dudley maps out plan for Energy industry futureBP steps boosts exploration, seismic investment


We need to reduce risk in what is a risky business

NEWS11-14 November




Below.

Above.

& Beyond.

Parker specialists will be on-hand in Hall 6 - Stand 6020 to present our latest range of engineered solutions.

Visit our stand today to experience the proven products and value added services we offer our partners, to support their global business needs.

Parker, leaders in engineering innovation for the oil and gas industry

Hall 6 - Stand 6020

VISIT US AND WIN ANiPAD

To find out how Parker can support your business, contact us today:

Parker Middle East FZEP.O.Box 262193, Dubai, UAETel : +97148127100 Fax : +971 4 [email protected] www.parker.com

ENGINEERING YOUR SUCCESS.

PARKER JUNIOR PAGE AD 1.11.12 NEW W166XH220CM copy copy.indd 1 07/11/2012 05:35

Expanding operationsBrown McFarlane meets business with steel resolution

Brown McFarlane International is a specialist steel plate distributor, processor and supplier of highly-specified, high quality steel plate products to the oil and gas industry. Robert Hey, the firms global financial controller talks to ADIPEC about the companys expectations for this years show.

Tell us about your plans for ADIPEC?

Weve expanded our presence this year from a small booth in the UK Pavilion in 2010 to a specially-designed standalone 27 square metres stand. As the majority of Brown McFarlanes

customers in the Middle East either exhibit or visit the show, ADIPEC is the perfect place to reconnect

with existing contacts. It also gives us the

opportunity to meet new contacts, develop new business and network across the industry.

We are showcasing our complete range of products supplied from our Dubai, UK, Antwerp and Singapore stock facilities.

We are also promoting our high value duplex and super duplex stainless steel plates and showing a number of informational videos on Brown McFarlane.

Any recent company developments?

Weve just moved to a new purpose-built steel stockholding facility

in Jebel Ali Free Zone, Dubai, increasing our steel plate inventory and specification range.

We also have a state-of-the-art plate cutting bay, so our customers can buy cut plates and profiled shapes, reduce their own scrap levels, and save both costs and production time.

As of April this year, the Indian subcontinent market is being serviced from our Dubai office, ensuring customers have access to steel plate stocks which meet their quality requirements and can be delivered quickly.

Robert Hey, global financial controller, Brown McFarlane

NEWS11-14 NovemberHall 12, Stand AD095

ADIPEC is the perfect place to reconnect with existing contacts.

Faure Herman is specialized in helical turbine and ultrasonic flowmeters for liquid applications in the oil and gas industry. The FH8400 ultrasonic flow meter is designed to accurately measure flows in low and medium viscosity fluids.

The primary applications for the FH8400 include flow measurement of hydrocarbons on platforms, in pipelines, terminals, loading and offloading stations, FSO and FPSOs.

The operating principle of the FH8400 flowmeter

is based on the ultrasonic transit time method.

Six transducers are used in conjunction with a compact electronics housing to provide the necessary ultrasonic signals. These transducers are removable under pressure.

The unit offers

exceptional bi-directional flow measurement accuracy (+ / -0.15%) over a wide range of fluids and viscosities.

It is available in sizes from 80-600 mm (3-24 inches), and is OIML R117-1 / MID Class 0.3 certified.

Faure Herman FH8400 Ultrasonic Flowmeter

NEWS

NEWS11-14 November




What is Trouvay & Cauvins ethos?

Two aspects we take very seriously within the oil and gas sector are safety and the environment.

Regarding safety, Trouvay & Cauvin Group has extensive experience in performing interlocking surveys, selecting the right interlocks as per process flow sequence, and their installation

and commissioning.In terms of the

environment, we have a team of experts to undertake survey and energy audits, and refineries call us to help them in their energy efficiency management. This year, we audited more than 6500 steam traps in Abu Dhabi and Doha. Through our surveys and energy audits, we aim to improve processes, increase efficiency, cut costs and

reduce environmental impact in aspects such as CO2 emissions. Trouvay & Cauvin offers value-added solutions to improve the operators larger steam network.

What are you featuring on your stand?

This year we want to demonstrate our complete know-how. Our motto, global piping solutions provider, is more than just words, its the way

we differentiate ourselves from the competition.

Global because thanks to our 21 branches covering the USA, Asia Pacific, Europe, Central Asia and Middle East; our five logistical platforms, and strong agent network, we are able to supply any worldwide projects of all sizes and complexities.

Piping because with five stockyards located in Jebel Ali (UAE), Doha (Qatar), Jubail (Saudi Arabia), North Rumaila (Iraq) and Port Klang (Malaysia), we have 45,000 tonnes of process piping, valves, actuators, fittings, flanges, structural steel, plates and water network accessories readily available for our clients. This means our clients dont have to wait for the entire quantity to be milled and shipped before their project can begin. Added to our long standing relationship with the worlds top manufacturers, it makes us the one-stop sourcing and procurement partner.

Solutions because we cant be a pipes, valves and fittings packager without offering a full range of services around project management, logistics, and site or in-house pipe and valve services. The comprehensive list of our services includes project management, on-site activities such as pre-commissioning, interlocking and actuation training, retrofit and maintenance, steam surveys and energy audit. We also have a Valve Automation Center for valve automation, testing and repair, and provide shop machining and pipe finishing.

INTERVIEW

Global piping solutionsADIPEC talks to Laurent Marie, CEO of Trouvay & Cauvin

Laurent Marie, CEO of Trouvay & Cauvin


Our motto, global piping solutions provider, is more than just words, its the way we differentiate ourselves from the competition

Gas set to bring self sufficiency to UAE

The United Arab Emirates (UAE) will soon produce enough gas to become energy self-sufficient, according to a poll of oil and gas professionals conducted at ADIPEC yesterday.

A massive 81 per cent of participants said development of new gas recovery projects will meet the UAEs rising demand for the commodity and make the country energy self-sufficient by 2030. By contrast, 19 per cent of participants thought that the UAE will need to continue relying on gas imports to sustain domestic energy consumption over the next 18 years.

The Industry Snapshot Poll was conducted by global independent technical advisor to the oil and gas sector, GL Noble Denton. Senior professionals from across the industry also took part in the poll online.

While the UAE holds an estimated 227 tcf

of natural gas, a large proportion of this is directly associated with oil production; controlled by OPEC quotas. The country has made a number of investments to boost gas output, including the US$10 billion Shah Gas development project, which is expected to produce 500 million cubic feet of the commodity a day when it comes online in 2014.

Moss Daemi, GL Noble Dentons regional EVP, said: The UAE faces significant challenges in increasing gas output to meet a surge in domestic energy demands. Emirati governments have made huge investments to address this issue, and the result of our poll shows that industry professionals think these will reduce the countrys reliance on imported natural gas through the Dolphin subsea pipeline from Qatar.

The results of GLs daily ADIPEC Industry Snapshot Polls are available from: www.gl-nobledenton.com

NEWS11-14 NovemberHall 8, 8095F

NEWS11-14 November




Saudi Arabia is the worlds oil superpower, but domestic oil consumption is starting to eat away at a greater proportion of the countrys output, a trend the kingdom needs to arrest, says James Gavin.

With rival producers like Iran constrained by oil embargoes, Saudi Arabias position as the worlds most significant oil producer the central bank of oil, as some call it has solidified over the past year.

Riyadh has ramped up exports, meeting demand in global markets and making up for shortfalls in supply. In April and June 2012, Saudi output exceeded 10 million barrels a day (bpd) while in the year-to-August 2012 period, production levels reached 9.9 million bpd, an 8.5 per cent increase over the same period in 2011.

The kingdoms energy strategists are adamant it

will keep markets supplied. Saudi Arabia is comfortable pumping at these levels, given a spare capacity buffer in the range of 2.5 million bpd, meaning it will continue to account for around 10 per cent of global oil output.

Saudi Oil Minister, Ali Al-Naimi, said in September that while the oil market was well supplied, the kingdom is ready to increase its production to meet stronger demand and to moderate prices.

The average per-barrel price for Saudi crude in 2012 is estimated at $109/barrel, nicely positioned above the $100/b comfort zone identified by Riyadhs energy strategists.

The ideal price used to be close to the fiscal break-even price, but now it is verging upwards. The government learned the lesson from the 2008 financial crisis that oil

prices can go down very fast, so what they have done is create a buffer between the break-even and what they consider a comfortable price, says Fahad al-Turki, a senior economist at Riyadh-based Jadwa Investment.

High production levels and strong prices have been a windfall for the Saudis. Despite increased spending, the kingdom will continue to record fiscal surpluses. Riyadh accumulated more than US$155 billion in the first half of 2012. According to Jadwa, oil revenue of SR1.08 trillion riyals in the period was 4 per cent higher than last years actual revenue.

This provides little incentive to adopt a hawkish oil price strategy, as the kingdoms stance at the June 2012 OPEC meeting revealed. Naimi argued strongly for quotas to remain unchanged,

despite prices falling 31 per cent in three months to $90/b.

A likely budget surplus of 14.3 per cent of GDP means the authorities

can allow for lower oil revenues, leaving the kingdom the worlds only major producer capable of operating comfortably in a low-price environment.

The authorities are comfortable with $100/b and if prices dip below $90/b for any length of time then they will act to restrain output - and vice versa if prices move above $120/b, says James

Reeve, senior economist at Riyadh-headquartered SAMBA Financial Group.

Saudi Arabias confidence in its ability to manage the oil market rests on the

continued existence of a spare capacity buffer. The authorities have invested heavily in expanding production. Between 2004 and 2010, it brought 4.25 million bpd on stream. Offsetting capacity declines, this yielded 2.5 million bpd of new barrels, lifting sustainable production capacity to 12.5 million bpd. Work on new and existing fields

SPECIAL FEATURE

The Central Bank of oilSaudi Arabias domestic oil consumption is eating away at a greater proportion of the countrys output

The authorities are comfortable with $100/b and if prices dip below $90/b for any length of time then they will act to restrain output - and vice versa if prices move above $120/b

added nearly 413,000 bpd of capacity last year.

The next big increment will come on stream in the first half of 2013, with initial volumes of what will

ultimately provide 900,000 bpd of Arabian Heavy from the Manifa field. Manifa crude is destined for the domestic market, feeding refineries at Satorp in Jubail, a joint venture with Frances Total, and Yasref in Yanbu, a joint venture with Chinas Sinopec.

InvestmentBased on current plans,

Aramco does not envisage an

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SSP Ad 27.5x40cm Final 17102012.pdf 1 04/08/2012 03:03

Saudi Steel Resized.indd 1 30/10/2012 21:10

NEWS11-14 November




Onshore, Offshore, and Subsea

With technologies, engineering, and project management, Technip, on land and at sea, safely and successfully, delivers the best solutions for our clients in the Energy business.

Technips 1,500 employees permanently based in the Middle East region, sustain large scale EPC, conceptual studies and FEED works including greenfield and brownfield solutions.

Technip in Abu Dhabi+971 2 6116000/6100www.technip.com

Take it further

The merger of Global Industries and Technip was completed at the beginning of December 2011

Stand #6050

increase in overall production capacity for at least five years. It will, however, invest $35 billion in oil exploration and development, over the same period, to keep production steady.

Aramco is reshaping its portfolio as it seeks to transform itself into a fully integrated energy and chemical enterprise. It is doubling refining capacity to 8 million bpd. Three

new refineries with a combined capacity of up to 1.2 million bpd will come on stream in the next few years. It also wants to create an $80 billion chemicals business to capture more value from an increasingly diverse product slate.

Valued as these supply increments are, Saudi policy makers know they must prepare for a more daunting challenge. One

SPECIAL FEATURE

of the corollaries of the development of the Saudi economy has been a steady rise in domestic demand, such that meeting it now consumes roughly a third of the countrys production.

This is forcing the authorities to consider more carefully how the kingdom consumes energy, an issue as critical as how it produces and sells its oil.

Saudi power demand is growing by an average 8-10 per cent a year, and Saudi Electricity Company (SEC) has planned 33 tenders between 2010 and 2018 for new or expanded power plants, which will boost total capacity by 21,065 megawatts (MW). With gas supply constrained, some of these facilities will be oil-fired.

Jdwa notes that domestic consumption would, on current trends, reach 6.5 million bpd in 2030, exceeding export volumes. Since total Saudi production is unlikely to rise above 11.5 million bpd by 2030, says the bank, that will reduce the amount it can provide to the market.

Of course, the government is unlikely to allow crude exports to be threatened by domestic use.

A report issued by Citigroup in September highlighted the possibility

that the kingdom may become a net oil importer within 20 years. Reeve says this report extrapolates from current trends. Clearly, domestic consumption is too high, but the authorities are taking steps to fix the supply side. But they do need to fix the demand side by raising the price of gasoline and power. I dont think this is going to happen in the short term, given delicate regional politics, but it will happen at some point.

On the supply side, Saudi Arabia will focus investment on boosting renewable energy. The King Abdullah City for Atomic and Renewable Energy (KA-CARE) will add 41 GW of solar, 17GW of nuclear, 4GW of geothermal and waste-to- energy capacity over the next 20 years. KA-CARE says that installing that much solar would meet a third of projected power demand in 2032, cutting oil and gas demand in half.

While Saudi Arabias position as the central bank of oil remains unchallenged, the need to diversify its energy sector is apparent. Recent moves suggest policy makers are laying the foundations for such a transformation.

His Excellency Ali Al Naimi, Saudi Oil Minister

NEWS11-14 November




A brief chat with a NAFFCO spokesman reveals a great deal of pride and passion.

What do you hope to achieve at ADIPEC?

As the official fire and safety partner for the event, NAFFCO would like to demonstrate its commitment to the Middle East oil and gas industry by showcasing our brand of approved products and systems. These are listed by UL, FM and

other international quality certifying bodies. We hope to enhance awareness of our growing products and services amongst customers old and new.

What specialist equipment do you supply to the energy industries?

NAFFCO is a complete solution provider, and a leader in fire protection and after-sales services. Clients and customers feel protected and secure, working with trusted

INTERVIEW

NAFFCO making fire safety officialCertification, protection and peace of mind

NAFCO is displaying a fire engine on its stand

NEWS11-14 NovemberHall 9 Stand 9025

NAFFCO is a complete solution provider, in fire protection and after-sales

Our rental fleet includes:Lighting Towers, Generators, Air Driers, Compressors, JY 500 Boosters, Pumps, Nitrogen Membrane Units

Short term rental, long term

leaSe of equipment acroSS mena

Tel: +971 2 657 3400, +971 4 293 2615 Email: [email protected], www.speedyservices.com

Visit us at ADIPEC 2012, Stand 7123, Hall 7 11-14 November 2012 at ADNEC, Abu Dhabi.

UAE OMAN EGYPT QATAR KSA UK

partners like NAFFCO.

What makes you stand out from the competition?

We are proud to employ more than 350 engineers, using state of the art manufacturing facilities, and of our after sales service and training. We stand out from others by the team work, spirit and tools the company provides. We further stand out based on the number of international quality approvals we hold, and because of our continuous commitment to product and system development.

Where are you seeing growth?

We believe that when

you stop growing and developing, youll go back. NAFFCO serves more than 105 countries. By the end of 2013 we hope to serve 120 countries or more. Continuous development of products and obtaining quality approvals happens every day at NAFFCO. Our strongest markets are the Middle East, Africa and South America.

What percentage of your business comes from the energy sector?

About 10 per cent, but we are looking to be above 30 per cent by 2013. Our vision by 2015 is to be the main total fire protection solution provider for the energy sector.

NEWS11-14 November




Japans energy future will still look to hydrocarbons well into the future as an answer to its energy needs, especially following the devastating impact of Fukushima last year, according to the president of Japan Oil, Gas and Metals National Corporation (JOGMEC).

Hirobumi Kawano, speaking during the second plenary session yesterday afternoon, told an audience of industry professionals that Japan is confident that hydrocarbons will play a long-term role in its energy security.

As you know we had a very severe accident last year. The government is still in the process of reviewing

its energy mix policy. But as a person in charge of this upstream business [I think that] Japan has to rely on more hydrocarbons, he said.

Kawano also spoke about attracting the next generation of talent to the upstream oil and gas industry -admitting that it was a challenge as other industries were luring them away.

Let me touch upon recruiting young people into this industry, recently young people have preferred to go to, for instance, the financial sector, and wont come into our business. But we need to let them know we are in a very high-tech industry, and will welcome them to the field.

Kawano also expressed

JOGMECs eagerness to form new collaborations and partnerships with oil producing countries and that his organisation was keen to jointly develop field technologies it has been experimenting with.

The executive plenary

session Kawano was speaking at - Strategy and Vision Technology Deployment - covered other areas in relation to upstream and downhole technologies, such as intellectual property and reducing drilling project cycles.

EXHIBITOR FOCUS

Turnkey refurbishments

Exhibiting at ADIPEC for the second time, Sharjah-based Top Oilfield Industries provides land and marine rig refurbishment, and in the manufacture, repair, overhaul and modification of oilfield drilling equipment.

This ADIPEC, Top Oilfield is occupying a considerably larger space in the new Outdoor area at the event. I have no doubts that ADIPEC is a great place to showcase Top Oilfields unique blend of products and services, said the firms MD, Ian Midgley. Our ambition is to spread word of our specialist one-stop shop approach to oilfield maintenance. We are treating ADIPEC 2012 as a vehicle to showcase current growth and future opportunities.

We have a BOP control unit designed by Top Oilfield to show on our stand, plus a batch mixer and high pressure, engine driven pumping unit weve also developed. There are demonstration videos on the work we do and experts on hand to provide explanations and information.

Top Oilfield provides all services from the

ground up, including mechanical, electrical and steelworks. Its jack-up refurbishments extend to both land and marine applications, removing from site the machinery/parts that need overhauling and carrying out the work in-house at its own facilities. These have expanded significantly, particularly in the past year, with offices and facilities now in Bahrain (in partnership with Asry Shipyard) and India, as well as its existing Sharjah facilities.

The international branches will develop the companys business in the Northern Gulf and with ONGC (Oil and Natural Gas Corporation, India), while the company has also considerably expanded its project management team in all its locations.

Since opening its Bahrain office, the company has already carried out two jack-up refurbishments in 2012, and has one more starting in the New Year. Other recent projects include three complete land rig refurbishments, all for US firms, and a jack-up project in Egypt for Shiv Vani Oil and Gas.

NEWS11-14 NovemberOffshore and Marine Area, Stand G580

Our ambition [at ADIPEC] is to spread word of our specialist one-stop shop approach to oilfield maintenance.

Reconnecting with industry decision makersEmdad enables higher levels of reliability and performance

An arm of Albawardi Enterprises, a long established corporate entity based in Abu Dhabi with diverse divisions and interests, Emdad, formerly Al Bawardi, was formed in 1979. With mission critical products, projects and procedures, Emdad has enabled ADs key energy players to achieve higher levels of reliability and performance.

As one of the major oil and gas service companies in the region, Emdad has always taken ADIPEC as an opportunity to introduce its latest achievements, reconnect with oil and

gas decision makers, and exchange ideas and views on the industry, said a spokesman for Emdad, the Abu Dhabi headquarted company. With our stand, we tried to express that we are looking at the industry from every aspect, while focusing on efficiency and highest HSE standards.

At every ADIPEC, Emdad invites its top principals and joint ventures to exhibit under its umbrella. This year almost 30 principals are exhibiting from more than 100 principals in Emdads portfolio. To mention a few: Flowserve, Masterflo, MARCAP, Inpipe, Emjel, Transfield Emdad, Silvertech, Prezioso Emdad, EBARA, DRIL

QUIP, OMK, STS, ILF, ESI, IMS, Emdad Gulf Catering and Hyosung Goodspring, the spokesman said.

The company has launched a valves testing and maintenance workshop at its industrial complex in Mussaffah. The workshop

has serviced a range of KPC valves, from 20-36, of different classes. Emdad has updated its Integrated Management System to comply with API SPEC Q1 Standard and ISO/TS 29001/2010 certification by API.


Japans energy future lies in hydrocarbons

Hirobumi Kawano

ADIPEC Hall: 11 Stand 11065eclipse.magnetrol.com

276x365 Teaser706.indd 1 5/11/12 09:53

NEWS11-14 November




Tawazun Precision Industries represents the new vanguard of Abu Dhabi businesses striving to make the most of local talent and resources, while ably competing in the global arena. TPIs CEO, Muaatasem Awda, spoke to ADIPEC Show Daily about the company, its aims, and ADIPEC.

Tawazun Precision

Industries (TPI) is a subsidiary of UAE-based strategic investment firm, Tawazun Holding, which is building manufacturing and engineering businesses. TPI manufactures and provides a service centre to a number of UAE-based operating companies and agents, as well as international organisations.

We deliver complex components to the oil and gas, aerospace and defence

industries with export operations worldwide. Our facility is located in Tawazun Industrial Park (TIP), just outside Abu Dhabi city. Our 25,000 square meter facility houses more than 100 different types of equipment and machinery, operated by more than 250 skilled workers including Emirati nationals 24 hours a day, 7 days a week.

The quality of our capabilities is evidenced by a strong customer base: we produce components for UAE companies, our sister Tawazun Holding companies, and international industry names. Throughout the entire project cycle, we

promise customers total quality management, superior service and manufacturing innovation.

After your 2010 debut at ADIPEC, how has your entry into the oil and gas sector been?

When we first started operations in 2007, TPI only manufactured items for the defence sector. Today, we include aerospace and oil and gas offerings, and are the preferred supplier of machined components and services for a diverse portfolio of international clients.

By integrating total quality management throughout the entire design and manufacturing process, weve been able to enhance

our offerings, build our customer base and extend our reach. ADIPEC 2010 was the best platform to showcase these capabilities.

We believe our presence at ADIPEC 2012 is equally important to showcase the solid foundation that the company has established in the past two years, and to share our vision with our customers and partners in the industry.

Where are your biggest markets?

We believe the venue for growth is present locally and internationally. There is no doubt huge potential growth in Abu

Dhabi, being the second largest oil producer in the Middle East; and considering its current aggressive plan to boost

oil production capacity to reach three million bpd.

We are committed to being a part of that potential growth and becoming the preferred manufacturer of choice for major OEMs in the region. Additionally, taking into consideration current market economics in Europe and the Far East, we are looking to ensure we can support our international partners through our competitiveness and quality support abilities.

MOVER AND SHAKERS

Supporting local growthDelivering complex components to oil and gas

NEWS11-14 NovemberHall: 4 Stand: 4082

Muaatasem Awda, CEO, TPI

Now is the time to localise manufacturing of equipment used in the UAE, in co-operation with major OEMs

AVEVA design, engineering and enterprise software Building ReputationsOwner Operators, engineering contractors and shipbuilders the world over trust AVEVA to create and operate the most complex engineering assets.

We empower our customers to make thousands of accurate design, engineering and business decisions every day, across the entire project and asset lifecycle. You too can benefit from improved productivity, minimised risk and reduced costs, resulting in maximised ROI.

The leader in design, engineering and information management software for the process plant, power and marine industries, AVEVA invests in our customers success through a global sales and support network in more than 40 countries.

AVEVA building solid reputations for 45 years

www.aveva.com | [email protected] Visit us at in Hall 7, Stand 7127

NEWS11-14 November




PRODUCTION ENHANCEMENT

PermStimSM ServiceThis new fracturing fluid system from Halliburton simply out-performs guar-based systems. PermStimSM fracturing service provides improved well clean-up, enhanced proppant pack permeability, controllable viscosity and excellent proppant transport. Applicable across a wide temperature range, PermStim fluid is residue-free, and cleaner is always better.

Whats your production enhancement challenge? To learn more, visit us on Stand 7040 for a meeting or go to halliburton.com/PermStimBroken cross-linked gels of PermStim

fluid and a commonly used guar-based fluid. The broken PermStim fluid is clear, containing 0% residue, while the broken guar-based fluid was found to contain 10% insoluble solids.

Residue-free fluid provides better fracturing results than guar-based fluid systems.

Solving challenges.

2012 Halliburton. All rights reserved.

H104-12 ADIPEC Show Daily.indd 1 10/10/12 10:46 AM

Building a new EmpireStunning gifts designed especially for ADIPEC

Empire Gifts produces excellent quality gifts with special Arabic style.

It can also customize all items at customers request, providing a high standard of corporate goods. Empire Gifts started six years ago, with the idea of creating a unique gift collection.

Director, Aknur Bakirova said: Empire is already recognized as a successful image-making solution for many financial institutions, energy companies, events such as ADIPEC, embassies, and all diplomatic and trade missions. An ethnic base, innovative materials, functionality and limited edition are distinctive features of any Empire collection item. The international team of designers works constantly on self-improvement in the field of history and traditions, specifically in the UAE. ADIPEC and Empire Gifts worked closely together to present the Excellence in Energy Awards judges with a unique gift a beautiful, unique gold key ring incorporating a USB

memory card; combining traditional motifs with modern technology.

through to manufacture / rental installation hook-up and commissioning.

Were not looking for quick win contracts and thats so important in this region. We know that business is about developing long-term relationships and showing that were flexible, innovative, proactive and customer-orientated.

2012 is proving to be a great year for us. Since the expansion into the Middle East we have quadrupled the size of our fleet and we expect further growth by the end of the year. This year we are looking for a new operations base one we can call our own and we plan to move in by Q1 2013.

2012 has proved a fruitful year in the Middle East for the company, with a flurry of significant account wins including McDermott International, Abu Dhabi-based National Petroleum Construction Company (NPCC), Hercules Offshore, Al Jaber, GMS and Earth.

The stylish gift presented to judges

International well flow management company, Expro, is showcasing its complete package of products and services which span the full lifecycle of a well, including drill stem testing (DST), well integrity services

software SafeWells and Expro Meters.

Hussein Elsisi, business development manager for the Middle East and North Africa said: Expro has been established in the Middle East for many years, providing a full range of well flow management products

and services to our global customers. We are delighted to take part in ADIPEC this year, which is an important platform to engage and update our customers on our exciting technology advancements.

Expros DST capabilities provide technology and specialist

data services from reservoir to disposal, including tubing conveyed perforating, data acquisition, surface read-out through cableless telemetry, fluids sampling and analysis, compact well testing solutions and enhanced flow measurement.


Expro - go with the well flow

Around AdipEc

NEWS11-14 November




High demand from Italian companies has meant an additional space in Hall 12. The Italian Pavilion has been organised by International Exhibition Services (IES) which stages international exhibitions

both in Italy and overseas. Piero Zipoli, President

of IES said: ADIPEC is the must attend oil and gas event in the region. The event is designed to bring together leading lights of the industry and provide attendees with the

opportunity to build business relationships. At each show we are seeing an increase in Italian companies, who either wish to return to ADIPEC or join longstanding clients. They see what they have achieved over the years by being at ADIPEC.

IES has been involved with ADIPEC since its first edition in 1984. As a company, we have witnessed an incredible growth, both in terms of the scale of the show and the organisation. Companies who join the

Italian Pavilion have found it an invaluable tool for accessing the Middle East and African markets - and with this year predicted to draw more than 45,000 attendees there are considerable networking benefits.

italian pavilion

Italian exhibitors out in full forceWith 765sqm and 34 exhibiting companies, the ADIPEC 2012 Italian National Group has its largest presence yet

TAL Group has been a major European trader of steel pipes for more than 30 years. It has stock levels of around 65,000 tonnes within 210,000 square metres of yard space (equal to 30 football fields). These include black, galvanised and coated carbon steel pipes (seamless and welded), plus alloy and stainless steel pipes for oil and gas, chemical/petrochemical applications, offshore, power industries and construction.

Established in 1992, Fores Engineering specialises in systems for both upstream and downstream oil and gas, for offshore platforms, onshore plants, petrochemical, chemical and power plant fields. This includes the engineering, construction and commissioning of skid-mounted package units, wellhead control panels, process analyser systems, shelters, and control and safety systems. The company also provides technical supervision and after-sale technical assistance services.

NEWS11-14 NovemberHall 2 and Hall 12

NEWS11-14 November

NEWS11-14 November

TAL Group, Hall 12, Stand AD132B

SA Fire Protection, Hall 12, Stand AD132

NEWS11-14 November




SA Fire Protection is showcasing its VDD double chamber deluge valve, made of Ni-Al-Bronze, a highly corrosion resistant material. Validated by Bureau Veritas, this new innovation is specifically designed for harsh environments, such as onshore/offshore installations and chemical plants, and is suitable for sea water, foam concentrate and water foam solutions, said a spokesman. The VDD deluge valve has two priming chambers, each with its own diaphragm and actuation trim, which offer two independent waterways to the water spray system.

Established for more than 50 years, Cemp has one of the most comprehensive ranges of electric motors for hazardous areas available on the market, including flameproof, explosion proof and non-sparking motors. Cemp motors are ideally used in high risk areas such as oil and gas environments. Cemp products are used by petrochemical plants, refineries, platforms, manufacturing plants and oil and gas pipelines. The company has sold more than a million motors all over the world.

Peroni Pompe has been manufacturing reciprocating pumps since 1895. In the early fifties, the company designed and manufactured pumps for the worlds first urea production pilot plant. In the 1980s, Peroni became part of the Eni/Agip Group, which gave it the opportunity to e

adipec dailies - day 2, 12 nov 2012

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