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Two-day event attended by over 120 guests to address the "Future of Energy Supply"
Dubai: The first Shell Technology Leadership Event (STLE) kicked off in the UAE this morning, marking the brand's first technology event in the Middle East, Central Asia and Pakistan (MECASTAN) region. The two-day event is being held on the 7th and 8th of May at Dubai's Mina A'Salam Hotel, bringing together leading industry experts to discuss the "Future of Energy Supply" in the region and showcase energy efficient models as well as innovative ways of implementing alternative and renewable power solutions.
Hosted under the theme of "Future of Energy Supply," the event focused on how emerging technologies can be brought together to achieve efficient energy consumption. Attended by more than 120 delegates representing key Oil, Fleet, Construction, Power, Technology and Industry sectors from across the region, the conference seeks to address the interconnected challenges of economic development, energy and climate change that affect the widespread acceleration and adoption of sustainable development and clean energy.
Inaugurating the event, Amr Adel, General Manager for Shell MECASTAN said, "I am proud that the first Shell Technology Leadership Event is being hosted in the UAE and in this region. As the world's leading producer of oil and gas, it is critical that this region takes the lead in developing solutions for the future of energy supply as demand rises. Around the world, people are increasingly relocating to urban areas which has resulted in a growing need for energy supply. At the Shell Technology Leadership Event, we want to work with industry leaders and innovative minds to develop solutions that will help manage the world's future energy needs."
In addition to Shell executives, the Shell Technology Leadership Event also hosted leading industry experts and government leaders from the region, who delivered insightful workshops covering three main sectors - Power, Cement and Industry (Fleet, Construction, Mining, and Quarry).
Mounir Bouaziz, Shell Vice-President for Commercial/New Business Development - Middle East and North Africa (MENA) region, said: "At Shell, innovation and research & development are core to how we create energy solutions for the future and we adopt innovative approaches to help deliver more, cleaner energy and find ways to use energy more efficiently. We want to take forward the region's vision for the energy industry to a new level, shaping the future through innovation which positively impacts our society, the environment and the energy industry at large."
Companies routinely monitor the factors that influence their business prospects and try to predict what may lie ahead. Presenting the company's Technology Leadership credentials, Luca Borgarello, Global Original Equipment Manufacturer (OEM) & Technical Service Manager at Shell Global Commercial, stressed on the importance of sharing knowledge and working with industry organizations in order to address some of the challenges of energy efficiency, emissions legislation and the operating costs control.
Shell's cutting-edge technology - Gas-to-Liquid (GTL) - is a revolutionary process developed to convert natural gas into products used for transport fuel, lubricants and the raw materials for chemicals and detergents. Shell's experience includes building Pearl GTL in Qatar which is the world's largest gas-to-liquids facility.
Speaking about this path-breaking technology, Louis van Eijk, Vice President Pearl GTL Marketing, Shell Qatar said: "Natural gas offers an affordable, available and environmentally acceptable option to power people's lives today. We have spent over 40 years researching technology to convert natural gas-to-liquid into products used for transport fuel, lubricants and the raw materials for chemicals and detergents. Now with world's rising demand for more, cleaner energy into the future, we are confident that our innovative GTL technology presented through our product portfolio will help reduce local emissions, thereby contributing to cleaner air and environment."
Innovating for the future of energy, Shell continues to support initiatives toward new energy production, through the development of cleaner energy sources, such as natural gas and biofuels, while using new technologies and an innovative approach to limit the impact of industrial pursuits on the environment.
For Media enquiries:
Mr. Nureddin Wefati
Head of Media Relations for Middle East & North Africa
Shell EP International
Tel: +97147055347
Cell: +971562162409
Nureddin.Wefati@Shell.com
Mr. Ali Khan
Spokesperson Middle East & North Africa
Shell EP International Ltd
Tel: +971 4 405 4563
Cell: +971 501 897 480
Ali-nasir.khan@shell.com
Cautionary note
The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this announcement "Shell", "Shell Group" and "Royal Dutch Shell" are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words "we", "us" and "our" are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. "Subsidiaries", "Shell subsidiaries" and "Shell companies" as used in this announcement refer to companies in which Shell either directly or indirectly has control, by having either a majority of the voting rights or the right to exercise a controlling influence. The companies in which Shell has significant influence but not control are referred to as "associated companies" or "associates" and companies in which Shell has joint control are referred to as "jointly controlled entities". In this announcement, associates and jointly controlled entities are also referred to as "equity-accounted investments". The term "Shell interest" is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.
This announcement contains forward looking statements concerning the financial condition, results of operations and businesses of Shell and the Shell Group. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell and the Shell Group to market risks and statements expressing management's expectations, beliefs, estimates, forecasts, projections and assumptions. These forward looking statements are identified by their use of terms and phrases such as "anticipate", "believe", "could", "estimate", "expect", "goals", "intend", "may", "objectives", "outlook", "plan", "probably", "project", "risks", "seek", "should", "target", "will" and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and the Shell Group and could cause those results to differ materially from those expressed in the forward looking statements included in this announcement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell's products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. All forward looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward looking statements. Additional factors that may affect future results are contained in Shell's 20-F for the year ended 31 December 2013 (available at www.shell.com/investor and www.sec.gov). These factors also should be considered by the reader. Each forward looking statement speaks only as of the date of this announcement, 7 May 2015. Neither Shell nor any of its subsidiaries nor the Shell Group undertake any obligation to publicly update or revise any forward looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward looking statements contained in this announcement.
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