Event News

Parker is supporting its customers on their journey towards more sustainable operations.

Aziz Ur Rehman, sales development manager, Sales Company SOUTH, Parker Middle East FZE outlines the company’s focus at ADIPEC

What will Parker be focusing on at ADIPEC?

Parker’s focus at ADIPEC is to communicate to customers that we are more than just a single technology company; we offer a diverse range of products that are already available to support the exciting energy transition happening today. At ADIPEC, Parker’s expert team will be on hand to discuss how our advanced, interconnected solutions can enhance customers’ energy projects by improving performance and efficiency, ultimately leading to reduced emissions and lower consumption of natural resources.

While oil and gas will continue to be the mainstay of the energy market, the importance of alternative energy sources is set to grow significantly as the industry shifts towards cleaner, more sustainable energy production. Our energy solutions, showcased at the tradeshow, are designed and tested to meet market demands and provide long-lasting value throughout their lifecycle. Visitors will have the opportunity to explore Parker’s technology for refuelling operations and alternative energy production and storage, particularly in hydrogen, where we boast over 60 years of experience.

We look forward to showcasing our complete solutions and demonstrating how our extensive product portfolio, speed to market, technological expertise, and commitment to our partners make us the ideal choice for your gradual transition to renewables such as wind, hydrogen, and electricity.

Would you like to highlight any particular products you will be showcasing?

Parker is excited to present cutting-edge innovations at ADIPEC, highlighting our commitment to enhancing efficiency and safety in the oil and gas industry:

Filtration Solutions
We will showcase our advanced black powder filtration products and solutions, designed to significantly improve operational efficiency. Our innovative tool-less design enables National Oil Companies (NOCs) to reduce downtime by over 70%, ensuring smoother operations.

Fluid Power (Instrumentation)
Parker will also introduce our FE-compliant manifolds, specifically engineered for high-risk environments such as H2S service. These manifolds minimize potential leak paths and eliminate non-metallic sealing, enhancing safety and reliability. Additionally, our DB1 Differential Pressure Battery Charger offers a versatile alternative to traditional solar panel systems, providing a reliable power source for electronic instruments on gas pipelines.

With nearly one million safe, strong, and lightweight products in our portfolio, Parker is well-equipped to tackle engineering challenges across upstream, midstream, and downstream sectors. Join us at ADIPEC to learn more about how our solutions can transform your operations.

How do you hope to benefit from participating at ADIPEC?

As a trusted partner to leading players in the energy sector, Parker brings over a century of expertise in fossil fuel energies. We are uniquely positioned to support our customers on their journey towards cleaner, more sustainable energy solutions. The company works closely with OEMs, Engineering Procurement Companies (EPCs), and distributors to optimise designs and product selection, ensuring efficiency, reliability, and asset integrity. This collaboration helps maximise productivity and minimise costly downtime, enhancing safety and operational performance while helping the region meet its carbon emission goals.
How do you view prospects for the development of your business in the Middle East in the coming year?
Parker is committed to driving productivity and profitability in the oil and gas industry while paving the way for a sustainable energy future.

The three-day Finance & Investment Conference at ADIPEC has four main themes. (Image source: ADIPEC)

ADIPEC 2024 will highlight the critical role of finance in accelerating the transition to a secure, equitable and sustainable energy future, through its inaugural Finance & Investment Conference

Held from 4-7 November in Abu Dhabi, ADIPEC will gather financial leaders, policymakers, and energy executives to unlock the capital required for scaling low-carbon technologies and fast-tracking decarbonisation initiatives.

The three-day Finance & Investment Conference at ADIPEC has four main themes: Mobilising investment for a sustainable future; Navigating uncertain geopolitical factors to secure energy transition investment; Ensuring bankability of clean energy projects and technologies, and Meeting the growing demand for resilient and clean energy in developing countries.

In alignment with these themes, the conference will feature sessions led by global experts to activate investment needed to fast-track the global energy transition, including navigating macroeconomic volatility, unlocking capital for emerging markets, and developing regulatory frameworks that support decarbonisation technologies.

Key speakers will include Charlie Tan, CEO, Global Impact Coalition; Mazin Khan, CFO, Masdar; Julian Mylchreest, executive vice chairman, Bank of America; Lina Osman, managing director and head, Sustainable Finance - Africa and MENAP, Standard Chartered; Semih Ozkan, executive director, EMEA Energy, Power, Renewables, Metals & Mining, JP Morgan, and Zoe Knight, group head, Centre of Sustainable Finance, Head of Climate Change MENAT, HSBC, who will jointly discuss solutions to the financing challenges faced by developing economies in their energy transition efforts.

Addressing critical gaps

Sharing his extensive expertise in securing investment within the energy and renewables sectors, Charlie Tan, CEO, Global Impact Coalition, said, “Achieving net-zero emissions requires ambition, financial frameworks and innovative investment models that can make decarbonisation viable from both a sustainability and commercial angle. As a global energy leader, Abu Dhabi provides the perfect stage for hosting ADIPEC’s critical conversations on bridging the gap between ambition and action in the broader energy transition.

“At ADIPEC 2024, we will focus on how public and private sectors can join forces to scale up financing for clean energy, ensuring long-term growth and environmental impact. The event will empower financial and energy experts to take decisive action, leveraging and allocating capital to where it’s needed most to deliver economic prosperity and environmental sustainability."

Christopher Hudson, President of dmg events, the organiser of ADIPEC, said, “One of the most significant barriers to achieving an equitable energy transition is the gap in clean energy finance and investment between the Global North and South. Developed nations have more financial resources while emerging markets need help to secure capital for large clean energy projects, slowing the transition and deepening regional inequalities.

“Addressing the finance gap between the Global North and South is one of the key focus areas of our new Finance and Investment Conference. Discussions held at ADIPEC 2024 will set the stage for how finance can play a transformative role in ensuring that we meet our decarbonisation goals while continuing to drive sustainable economic growth for generations to come and advance an equitable energy transition for all.”

Although the energy transition offers significant investment potential, a critical gap exists between capital flows, with the International Renewable Energy Agency estimating US$35 trillion as being required by 2030 to facilitate a fair and systemic energy transition, creating challenges for governments, energy companies, and financial institutions in providing the necessary funding.

The collaboration will focus on leveraging advanced technologies in the energy sector. (Image source: AIQ)

Artificial intelligence solutions providers AIQ and Inception have signed an agreement to drive technology innovation and transformation in the energy sector

Announced at GITEX Global 2024 in Dubai, the partnership will aim to enhance efficiency, improve safety and sustainability, and reduce costs through revolutionary near-real time data processing, advanced multi-modal insights, and AI-assisted automation across the entire energy value chain.

“Joining forces with Inception in this strategic partnership will see AIQ unlock new opportunities for growth and transformation in the Energy sector, pushing the boundaries of AI innovation and driving real, impactful change,” said Magzhan Kenesbai, acting managing director at AIQ. “This collaboration is testament to our commitment to enhancing productivity and sustainability, while reinforcing the UAE’s position as a global hub for technological excellence.”

Ashish Koshy, chief operating officer of Inception, said, “Our partnership with AIQ marks a defining moment in how artificial intelligence combined with domain expertise can accelerate innovation in the Energy sector. By combining our expertise in large language and advanced AI models with AIQ’s industry expertise and proven track record in the Energy sector, we are confident that together we will deliver solutions that will set new standards for operational excellence, efficiency, and sustainability. Our partnership with AIQ marks a defining moment in how artificial intelligence can accelerate innovation in the energy sector.”

The collaboration will focus on leveraging advanced technologies that enable faster decision-making and improve real-time data processing capabilities, empowering the energy sector to navigate the complexities and demands of operations with greater intelligence and agility. As part of the agreement, both companies will also explore opportunities to enhance AI models and accelerate the deployment of AI solutions across the energy value chain.

Parker will present renewable energy solutions at ADIPEC. (image source: Parker Hannifin)

Parker Hannifin, the global leader in motion and control technologies, will showcase innovative solutions that enable the transition to cleaner energy sources, including wind and hydrogen, at ADIPEC

Parker’s expert team will be available to discuss how the company’s advanced, interconnected solutions can support customers’ energy projects by enabling improved performance and efficiency that lead to reduced emissions and consumption of natural resources. The renewable energy solutions presented at the tradeshow are designed and tested to meet market demands and to provide long-lasting value throughout their lifetime. Visitors will be able to explore Parker’s technology for refuelling operations and alternative energy production and storage, especially for hydrogen, where the company has more than 60 years’ of experience.

Parker’s portfolio features nearly one million safe, strong, and lightweight products designed to address engineering challenges across the upstream, midstream, and downstream sectors. The company works closely with OEMs, Engineering Procurement Companies (EPCs), and distributors to optimise designs and product selection, ensuring efficiency, reliability, and asset integrity. This collaboration helps maximise productivity and minimise costly downtime, enhancing safety and operational performance. Parker distribution partners who will also be present at ADIPEC include ESMA, SUPERTECH GROUP, MONILEK (PETROTECH) and GASOS.

“As a trusted partner to leading players in the energy sector, Parker brings over a century of expertise in fossil fuel energies. We are uniquely positioned to support our customers on their journey towards cleaner, more sustainable energy solutions,” said Henrik Albrektson, VP sales companies for Parker in Europe, the Middle East, and Africa.

ADIPEC takes place from 4-7 November at the Abu Dhabi National Exhibition Centre.