India Pavilion at ADIPEC-2019


India Pavilion at ADIPEC-2019

For the second time, FIPI organised India Pavilion at the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), Abu Dhabi during November 11-14, 2019. Nine Indian oil & gas companies, namely IOCL, ONGC, BPCL, HPCL, GAIL, Petronet LNG, OIL, L&T and EIL participated in the India Pavillion at ADIPEC-2019.

ADIPEC provides one of the most important platforms for the oil and gas industry to do business and exchange information, attracting energy ministers, global CEOs and leading decision makers across four days of business discussions and knowledge exchange. .

The theme of this year’s India Pavilion was ‘Synergy in Energy – Advantage India’ wherein we portrayed capabilities of Indian oil & gas companies to the world.

The Hon’ble Minister for Petroleum & Natural Gas & Steel, Shri Dharmendra Pradhan formally inaugurated the India Pavilion on November 11, 2019. The inaugural ceremony was witnessed by Shri Pavan Kapoor, India’s Ambassador to UAE; Shri Sanjiv Singh, Chairman, FIPI & Chairman, IndianOil; Dr. V. P. Joy, Director General, DGH; Shri Amar Nath, Joint Secretary (Exploration), Ministry of Petroleum & Natural Gas; Ms. Esha Srivastava, Director (International Cooperation), MoP&NG and several other dignitaries from Indian and global oil & gas industry.

At the ADIPEC inaugural global discussion, Shri Dharmendra Pradhan said that we are working to make PM Modi’s vision to make India a gas-based economy and working for a cleaner and greener environment. “For this we will be working on investing in gas based infrastructure like increase in CGD and PNG network and gas based industries”. He said that Global energy transition is driven by Asia becoming the centre of energy consumption, greater availability of LNG, greater promise of energy independence through renewables including solar and wind energy, emergence of US a leading hydrocarbons exporter and the urgency to meet COP 21 Paris climate commitments.

Chairman, FIPI & Chairman, IndianOil, Shri Sanjiv Singh participated in a Global Business Leaders Panel on ‘New Strategies to Accelerate the Industry’s Response to Environmental Pressures’ in the afternoon of November 12, 2019. His co-panellists during the session were Ms. Elena Brumistrova, Director General of Gazprom Export and Mr. Mario Mehren, CEO, Wintershall Dea.

On the sidelines of ADIPEC-2019, FIPI signed a Memorandum of Understanding (MoU) with the American Petroleum Institute (API - the only national trade association representing all facets of the oil and natural gas industry) on November 12, 2019 at Abu Dhabi in the presence of Hon’ble Minister for Petroleum & Natural Gas, Chairman-FIPI and other senior officials of MoP&NG to establish constructive working relations based on common interests regarding establishing, expanding, and strengthening a long-term cooperation.

In the evening of November 12, 2019 the Directorate General of Hydrocarbons organized an India Session titled ‘Most Favoured Investment Destination’ wherein keynote address was delivered by the Hon’ble Minister for Petroleum & Natural Gas, Shri Dharmendra Pradhan. The Joint Secretary (Exploration), MoP&NG made a presentation highlighting recent policy reforms made by the Government in E&P sector. Dr. V. P. Joy, DG, DGH gave an overview of the prospects of E&P Business in India. Participants were earlier welcomed by Shri Pavan Kapoor India’s Ambassador to UAE.

The Hon’ble Minister for Petroleum & Natural Gas & Steel had couple of meetings at FIPI’s India Pavilion. The dignitaries who were seen interacting with the Hon’ble Minister at our pavilion were Secretary General, OPEC, H.E. Mr. Mohammed Barkindo and Mr. Daniel Yergin, Vice Chairman of IHS Markit and Mr. Olivier Le Peuch, CEO, Schlumberger amongst others.

On November 14, 2019 Director General, FIPI, Dr. R.K. Malhotra participated in a Panel Discussion with other panellist, Ms. Tosha Perkins, Vice President of Talent & Organizational Development, McDermott on ‘Diversity Dialogues: Balance for Better: How can you be an ally, which was moderated by Ms. Eithne Treanor, Presenter, ADIPEC TV & CEO, E Treanor Media. Dr. Malhotra highlighted the importance of gender equality and the diverse roles being played by women in today’s business world.

FIPI wins Best Pavilion Award at ADIPEC-2019

The most innovative, business friendly and eye-catching stand designs were recognised with awards. The India Pavilion set up by FIPI was adjudged as Best Pavilion while the other companies recognized were Saudi Aramco, PTTEP, Al Masaood & Ali & Sons. The judges felt that the chosen five pavilions really stood out as excellent examples of design as well as displaying company products and services.

ADIPEC has become one of the most influential global exhibition & Conference in the oil & gas sector. ADIPEC 2019 attracted enormous footfall encompassing 150,000+ trade visitors, 2,200+ exhibiting companies from 51 NOCs and IOCs across the globe showcasing the latest products, services and technologies to the world including participation of 25 country pavilions in the exhibition arena. The event brings together professionals from the global oil & gas industry to discuss the best practices followed and decide on the future course of action to meet energy transition challenges.