UAE Business: Adipec makes $8.2bn in business for global energy supply chain – Gulf Digital News

UAE Business: Adipec makes $8.2bn in business for global energy supply chain – Gulf Digital News

The recent Adipec 2022 has generated an estimated $8.2 billion in business for exhibiting companies, a survey conducted across the 2,200 exhibitors has revealed.

Among the significant deals at Adipec 2022 was the signing of the historic agreement between the UAE and the US to catalyse $100 billion of investment in renewable energies and clean technologies in the UAE, US and emerging economies around the world by 2035, a WAM report said.

Adipec also witnessed an agreement between Petronas, Accenture and Amazon Web Services (AWS) to optimise the logistics operations and costs of offshore vessels using AWS technologies.

The Adipec survey also revealed that 97% of exhibitors met or exceeded their objectives through their participation, with 93% rebooking for Adipec 2023.

Some of the best minds

Adipec took place in Abu Dhabi from October 31 to November 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