Qatar Petroleum Participates in ADIPEC 2016

Abu Dhabi, November 07 (QNA) - Qatar Petroleum (QP) participated the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), which was opened today under the theme "Strategies for the New Energy Landscape." As part of the event, President & CEO of Qatar Petroleum Saad Sherida Al-Kaabi participated in the opening Global Business Leaders Panel. Al-Kaabi's participation during the panel focused on the world oil outlook, and what the industry can do on the short and medium terms and how it can best adapt to ensure continued growth. He also highlighted and discussed issues related to how business leaders are anticipating and preparing for unexpected challenges and opportunities. In his comments at the panel, Al-Kaabi said: "As the industry redefines itself, we can only manage the factors under our control. We need to focus on improving efficiency in our operations, while maintaining our highest HSE standers. We also need to pay attention to reducing our operating costs as much as possible, or eliminating the expenditures that do not add to our profitability." The President and CEO added: "We, in Qatar Petroleum and its subsidiaries, have substantially reduced our operating costs, while maintaining our high HSE standards. This could not have been possible without the great efforts of all our employees and leadership teams in QP and all its subsidiaries. I would like to take this opportunity to thank them all for their excellent work and dedication." On the sidelines of the conference, Al-Kaabi received and held meetings with a number energy industry leaders and executives for wide-ranging discussions on various issues related to the oil and gas industry. QPs stand prominently features the corporation's extensive operations in the oil & gas industry, and it also showcases the developments in Qatar's Industrial Cities (at Mesaieed and Ras Laffan) as well as Dukhan Concession Area. The stand also features the participation by Qatar Gas Transport Company Ltd. (Nakilat). ADIPEC 2016 is scheduled to last until November 10 at the Abu Dhabi National Exhibition Centre. With the participation of over 2,000 exhibitors, 8,500 conference delegates and up to 95,000 attendees, it is considered as the largest oil & gas event in the Middle East and North Africa (MENA) region. The four-day conference will feature eight executive panel sessions, 106 technical sessions as well as eight VIP Program sessions and offshore & marine sessions. (QNA)