Wed 17-03-2021 19:22 PM
MENA Oil and Gas Technology Summit to explore digital transformation in the region’s oil and gas industry
DUBAI, 17th March, 2021 (WAM) The MENA Oil and Gas Technology Summit, a one day virtual event hosted by MEED, will take place on Wednesday, 24 March 2021, bringing together stakeholders from National Oil Companies, large end users and utilities companies to explore topics including digitalisation, automation, cybersecurity and asset integrity within the region’s oil and gas sector.
The oil and gas industry is currently witnessing global oil price volatility coupled with an increasing emphasis on operating more sustainably. A forecast by the International Monetary Fund’s (IMF) expects the GCC’s GDP growth to return to pre-COVID-19 levels only in 2023 – citing weak oil demand, aggravated by the sharp downturn in oil prices due to the pandemic as the main culprits.
Join us to learn how you can leverage technology to reduce inefficiencies in a circular, green economy
The
MENA Oil & Gas Technology Summit on 24 March 2021 will bring together leading industry experts to divulge how embracing new technologies can reduce waste, save time and minimise costs – the three basic, but often most difficult operational parameters to ensure a company’s success.
Prior to 2020, oil and gas companies were battling one major challenge: demand and price shocks.
To this has now been added the global pandemic, which has again highlighted how technologies are now even more essential and influential in enhancing organisational capabilities.