Technologies exist to increase efficiencies, reduce emissions and capture carbon and should be utilised to support decarbonisation as we move towards the energy transition 

Dubai: Facing unprecedented demands to deliver wholesale decarbonisation of energy, the gas, LNG, hydrogen, and energy industry is increasingly turning to advanced digital technologies, such as artificial intelligence (AI), big data and robotics to future proof businesses and ensure they thrive in the drive to net-zero energy.

At Gastech 2021, the world’s largest exhibition and conference supporting the gas, LNG, hydrogen, and energy industry, industry professionals have been examining how the latest advances in digital technology can enhance daily business operations and provide the tools to deliver cleaner, affordable energy, while balancing shareholder expectations with decarbonisation targets.

Across Gastech 2021’s conference agenda, companies and individuals at the forefront of the digital transformation of the energy industry, have been sharing insights and strategies around the opportunities presented by AI, robotics, and big data to create efficiencies, drive down emissions and reduce waste.

Lorenzo Simonelli, Chairman and CEO of energy technology company, Baker Hughes, spoke during a Gastech LIVE Session yesterday on delivering on the decarbonisation of energy and how technology innovation can drive the net-zero agenda.  Simonelli said, “To achieve our net-zero ambitions, we must deliver on our promise to decarbonise energy.  Technologies exist today to increase efficiencies, reduce emissions, and capture carbon, as well as spur the hydrogen economy and adoption of new energies. As an industry, we must continue to collaborate and incentivise solutions prioritising emissions reduction over fuel sources, to ensure we can continue to lead in the energy transition.”

The role of advanced digital technologies in changing the daily operations of the gas, LNG, hydrogen and energy industry is one of six pillars of Gastech 2021’s conference programme. The conference has enabled the global gas, LNG, hydrogen, and energy industry to safely reconnect face-to-face and engage with industry key challenges and opportunities, for the first time since the pandemic began.

Over three days of discussions and meetings, energy industry leaders, policy makers and industrial energy consumers have engaged with the energy transition and the pursuit of net-zero. Key issues discussed include tackling methane and other emissions; hydrogen’s role as a future fuel; how industrial consumers are driving the transition to lower carbon energy networks and the opportunities in growth markets for gas.

Simultaneously, the Gastech Technical Conference has featured five learning streams – Hydrogen; Marine; EPC and Project; Processing and AI and Technology. The programme will provide multiple opportunities for working professionals to learn from over 300 of the world's leading energy engineers as they present the latest technological breakthroughs and market opportunities for the industry.

Gastech 2021, which concludes tomorrow (Thursday 23 September), is being held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai and supported by the UAE’s Ministry of Energy and Infrastructure. The exhibition and conference are co-hosted by ADNOC, Shell, and Venture Global LNG.

Before it closes tomorrow, September 23, Gastech 2021 will have been attended by more than 15,000 attendees including senior decision-makers and energy industry thought leaders, and 250 exhibiting companies. Taking place alongside Gastech 2021 has been the SPE Annual Technical Conference and Exhibition (ATCE) enabling visitors to attend both events’ exhibitions without the need to register twice.

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.