KPMG’s 2nd GCC Energy Conference titled ‘The Role of Energy Companies in the Middle East: Decision Making in Uncertain Markets’ was held under the patronage of HH Sheikh Nahayan Mabarak Al Nahayan, Minister of Higher Education & Scientific Research on the 16th of October at the St Regis Saadiyat Hotel, Abu Dhabi. The Conference Chairman and Head of Oil and Gas – Lower Gulf, Michael Armstrong said that “the conference was a huge success and was attended by more than 170 key dignitaries from the Private, Government and the Oil & Gas sector from across the region.”
 

Saif Al Ghafli, CEO, Abu Dhabi Gas Development Co, Al Hosn Gas, Michiel Soeting, Global Chairman of Energy & Natural Resources, KPMG in the UK, HH Sheikh Nahayan Mabarak Al Nahayan, Minister of Higher Education & Scientific Research, Vijay Malhotra, CEO and Senior Partner, KPMG Lower Gulf and Michael Armstrong, Conference Chairman and Head of Oil and Gas – Lower Gulf.
	His Highness Sheikh Nahyan Mabarak Al Nahyan said “this 2nd KPMG GCC Energy Conference will have you as oil and gas executives thinking deeply about subjects of vital interest to your industry. I know that you will join me in thanking KPMG for planning such a rich and timely program and bringing you together in Abu Dhabi today. Having long worked with your industry in the GCC, KPMG knows it intimately and will wisely guide your deliberations.” Talking about sustainability His Highness added that “our fervent commitment to sustainability is another reason that the UAE is an apt setting for this event. Even as we work to sustain and strengthen our region’s remarkable oil and gas industry, we are aiming to reduce energy consumption and promote other sources of energy. We all know that the global carbon footprint is damaging our environment worldwide and so the UAE is moving aggressively into a sustainable future.” The keynote speech was given by the CEO of Al Hosn Gas, Saif Al Ghafli who thanked KPMG and talked about the future energy needs of Abu Dhabi. He said that “It is heartening to see that the Abu Dhabi Vision 2030 document, released in November 2008, identifies two significant unconventional initiatives as ‘engines of Abu Dhabi’s future economic growth’. The first being the development of technically-challenging sour gas reserves and the second a shift from a secondary to tertiary oil recovery method, by potential substitution of significant volumes of natural gas that are currently being re-injected into the Emirate’s oil fields in order to maintain necessary production pressure, with carbon dioxide and nitrogen.” He also added that “in addition, Abu Dhabi has identified diversification of energy sources as a key strategy to ensuring future energy security. A number of steps are being taken in this regard, such as construction of nuclear power plants, utilities-scale solar power plants, LNG import terminal at Fujairah. It is anticipated that about 25% of UAE’s energy

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English

KPMG's 2nd GCC Energy Conference holds at St Regis Saadiyat Hotel Abu Dhabi | AME Info‎

KPMG's 2nd GCC Energy Conference titled 'The Role of Energy ... Gulf, Michael Armstrong said, "The conference was a huge success and was... 

KPMG's 2nd GCC Energy Conference is a huge success - Zawya | zawya.com

KPMG's 2nd GCC Energy Conference titled 'The Role of Energy Companies in the Middle East: Decision Making in Uncertain Markets' was .. 

Shah gas field in Abu Dhabi to help fuel growth | GulfNews.com

Abu Dhabi: The Abu Dhabi Gas Development Company (Al Hosn Gas) is committed to delivering the onshore sour gas field — Shah — by late ... 

 

العربية

 حقق مؤتمر كي بي إم جي الثاني للطاقة بمجلس التعاون الخليجي نجاحاً ...

منذ 4 ساعة‎ – حقق مؤتمر كي بي إم جي الثاني للطاقة بمجلس التعاون الخليجي نجاحاً كبيراً ... قسم النفط والغاز لدىكى بي إم جي لوار جلف "إن المؤتمر حقق نجاحاً كبيراً ...

 Others articles originating from the conference

Shah field operator builds up steam - The National

Al Hosn Gas, which is developing one of the emirate's most challenging ... Silvia Razgova / The National. Shah field operator builds up steam. 

 UAE's Shah Gas project on track for 2014 | ArabianBusiness.com‎

He added that the costs have been according to the plan. US-based Occidental Petroleum was awarded the Shah Gas project early in 2011.

 Abu Dhabi's Shah Gas Field Poised for 2014 Completion, CEO Says | Bloomberg‎

Abu Dhabi's $10 billion Shah natural gas project, a joint venture between Abu Dhabi National Oil Co. and Occidental Petroleum Corp., is on ...