Nov 18, 2019

Maksim Zagornov held a series of strategic talks with the heads of the UAE oil and gas conglomerates at the ADIPEC-2019 exhibition

«Business Russia» Ambassador in the UAE Maksim Zagornov took part in the 22nd International Oil and Gas Exhibition and Conference ADIPEC-2019 in Abu Dhabi. On the sidelines of the forum the Russian expert held over 30 strategic talks with the heads of international oil and gas conglomerates. The main result of Business Russia's participation in ADIPEC-2019 was the reached agreements on the development of joint projects with the Abu Dhabi National Oil Company (ADNOC), the state-owned oil company of the United Arab Emirates.

This year ADIPEC-2019 was attended by more than 150,000 specialists from 167 countries, including senior managers and industry leaders. The exhibitions were presented by 2,200 companies in 25 national pavilions, including the Russian one.

The «Business Russia» exposition at the ADIPEC-2019 was presented within the framework of the joint stand of the Russian Export Center (REC). Within three days the «Business Russia» ambassador in the UAE Maksim Zagornov presented the opportunities of the business association's companies working in the oil and gas field.

Over 30 strategic talks with the heads of international oil and gas conglomerates were held. The main result of the «Business Russia's» participation in the ADIPEC-2019 was the reached agreements on the development of joint projects with Abu Dhabi National Oil Company (ADNOC), the state-owned oil company of the United Arab Emirates.

It should be noted that according to the new data of the international ADIPEC experts, in 2019 the UAE moved from the seventh to the sixth largest explored oil reserves in the world (reserves are estimated at 100 billion barrels). Most of these reserves are located in Abu Dhabi. Arab partners expressed interest in the development of joint projects aimed at the implementation of comprehensive solutions for the oil and gas and electricity industries, which, in particular, were proposed by the «Business Russia» company – the MKS Group of Companies.

In general, there is a great interest in the UAE towards the technologies from Russia. Arab business is open to innovation and is ready to invest into the most promising projects. That is why the «Business Russia» is strengthening its presence on the Arab Emirates market. The schedule of the upcoming events in the UAE, where the «Business Russia» is going to be present in various forms, is available at the website of the business ambassador of the organization in the UAE.