The Middle East oil and gas industry is poised for significant growth with large-scale investments having fueled a spike in oil and gas projects, with 615 projects expected between 2021 and 2025, projects including 143 midstream projects, 77 upstream projects, 83 refinery projects, and 312 petrochemical projects cementing its status as a global hub for major oil and gas initiatives including the landmark commitments of the region towards sustainability with the UAE’s Net Zero 2050 initiative, and the Net Zero target for 2060 set by both Saudi Arabia and Bahrain. As the industry witnesses a surge in projects, now more than ever companies need to address to crucial challenges such as production bottlenecks, system silos, high OPEX, market volatility, complex processes, environmental footprint, and skill-gaps to seize market opportunities and stay ahead of the competition.

The Middle East Data Driven Oil and Gas Forum serves as a pivotal platform underling the significance of data innovation across upstream, midstream, and downstream processes in surmounting prevalent challenges. The forum aims to illuminate how organizations, through the adoption of data-driven strategies, can attain operational excellence, streamline processes, amplify output and return on investment, establish robust compliance frameworks, and effectively meet sustainability objectives.