ADIPEC 2010 will close its doors today following a record-breaking week that once again placed Abu Dhabi firmly under the world energy industry spotlight.

The Excellence in Energy Awards took place last night with companies and developers receiving accolades recognising their contribution to promoting excellence within the industry.

A key panel session on day 2 of ADIPEC 2010 was dedicated to the important issue of how new technology developments will be vital for the energy sector in the long term to meet the ever growing global energy demands. Oil and gas will continue to play an important role but the shift in the energy mix demands new innovation in the industry.

Tuesday’s opening panel session on new frontier challenges focused squarely on gas. Could the experiences of the North American market in developing tight gas and shale gas reserves be replicated in the Middle East? Robert Gales, vice president Geo Science at Weatherford, believes that many unconventional resources  exist and are technically viable; in fact, estimates of availability continue to rise.  This however, makes it essential that there is thorough collating of good information early in the exploration process to justify going ahead.

EMDAD, one of the leading providers of integrated services to the energy industry of UAE, together with TMK, has secured a major contract with a leading oil and gas company in Abu Dhabi for the supply of OCTG casing and tubing pipes to fulfill the requirements of 2010 - 2011 operations. EMDAD’s drilling division has been serving the oil and gas industry in UAE and the region for more than two decades to become one of the leading suppliers of top quality products serving drilling and workover activities.