ADIPEC 2024 has cemented its position as one of the world’s most influential and commercially successful energy events, with a record number of attendees, industry executives and international ministers uniting to accelerate sustainable socioeconomic progress for the world.
Held under the theme of ‘Connecting Minds. Transforming Energy’, this year’s ADIPEC was the culmination of four decades of energy leadership, and gathered a record-breaking 205,139 participants from 172 countries, highlighting the UAE’s convening power and its role as a global hub for energy, technology and innovation.
The numbers indicate a stronger and more diverse increase in global participation, up by more than 20,000 attendees compared to last year.
The ADIPEC Conference programme featured four new conferences that welcomed new voices from technology and AI, finance, youth and the Global South. Across 370 sessions, attendees heard from more than 1,800 international speakers, including 40 ministers, on the economic opportunity that can be realised by collaborating across sectors.
Successful
The event was the most successful edition in its 40-year history and delivered more than US$ 10bn on cross-sector deals through multiple strategic partnerships, according to a press release.
“We will build on this momentum as we look forward to an even more impactful ADIPEC in November 2025,” observed Tayba Al Hashemi, Chair of ADIPEC 2024 and CEO, ADNOC Offshore
ADIPEC’s inaugural AI Zone further demonstrated the interconnectedness of energy and AI and how cross-sectoral collaboration is essential to meet the fast-growing energy needs of AI and leverage AI to enhance energy efficiency and minimise emissions.
Collaboration across countries and sectors was a guiding thread across ADIPEC’s 16 exhibition halls, as more than 2,200 exhibitors and 30 country pavilions converged to develop new partnerships and strategies to drive sustainable socioeconomic growth. Innovation emerged as a core theme and key driver of progress, with 133 exhibitors focused on AI, digitalisation and automation solutions to fast-track the energy transformation.
Coexistence
“We have to make sure that they coexist harmoniously with green energy, because our people need affordable fuels,” noted Hardeep S Puri, Minister of Petroleum and Natural Gas, India.
Deals delivered at ADIPEC included ADNOC Drilling’s acquisition of a 95% stake in Deep Well Services for US$ 223mn, TA’ZIZ’s award of over US$ 2bn for essential infrastructure at Al Ruwais Industrial City, and BGP Inc.’s new contract with ADNOC, worth US$ 490mn, to expand the world’s largest 3D seismic survey in Abu Dhabi.
In addition, Black & Veatch and Baker Hughes unveiled plans for a mid-scale LNG solution capable of producing up to 2 million tonnes per annum, while JOGMEC and the International Energy Forum signed a Memorandum of Understanding to promote research in carbon capture and clean hydrogen.
