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Kanoo Energy: Leading the Way to a Sustainable Energy Future at ADIPEC 2023

 Kanoo Energy showcased innovative energy solutions such as carbon capture, 3D Printing and Additive Manufacturing, robotics, and emissions monitoring at the event. 

– Kanoo Energy’s partner, Carbon Clean, signed a project with ADNOC Group and received an award for the Clean Energy Technology Innovation of the Year 2023 Including Fertiglobe and Carbon Clean

Dubai, UAE: Kanoo Energy, a part of Kanoo Industrial & Energy has successfully concluded participation in the 4-day Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2023. In close partnership with an array of industry leaders, the company exhibited a variety of energy solutions and technological expertise customized for the oil, gas, and petrochemical industries, highlighting innovations such as carbon capture, 3D printing and additive manufacturing, robotics, and advanced emissions monitoring solutions.

These esteemed partnerships included Carbon Clean (Carbon Capture) Woodfield Systems International (fluid handling and safety solutions), Robo ++ (robotics) uvex (occupational safety products), CIRCOR (flow control for Industrial, Aerospace, and Defense), Altanova (electrical asset monitoring), Petra Mechatronics (chemicals), Imaginarium (3D printing & additive manufacturing), Senior Flexonics (expansion joints), and TLV (steam trap specialists). In addition, Desolinator (water management), Geospatial (satellite-based emission) and Klinger (emission monitoring).

One of the key highlights of Kanoo Energy’s participation at ADIPEC 2023 is the announcement of Carbon Clean signing a significant project with ADNOC Group. This project involves the installation of 10 tonnes of the Cyclone CC carbon capture unit daily at Fertiglobe’s nitrogen plant in the Ruwais Industrial Complex. Additionally, Carbon Clean has been honoured with the Clean Energy Technology Innovation Award of the Year 2023.

Speaking about the event, Ali Abdulla Kanoo, President of Kanoo Industrial and Energy said, “In keeping with ADNOC’s visionary initiative, our journey with ADIPEC has always strengthened our commitment to pioneering tech-driven energy solutions. We strive to bring revolutionary sustainable reform by harnessing modern technology to steer the industry toward the UAE’s vision of a green future.

Kanoo Energy, a sustainability champion, leads efforts for a cleaner environment, economic growth, energy security, and social benefits as the UAE readies for COP28.

Mr. Fahad Fawzi Kanoo, CEO of The Kanoo Group UAE, emphasized Kanoo Energy’s unwavering vision stating, “At Kanoo Energy, our goal is crystal clear, to lead the way in innovation and decarbonization. COP 28 is reshaping the energy landscape, and Kanoo Energy remains at the forefront through innovative sustainable solutions.”

Manoj Tripathy, CEO of Kanoo Industrial and Energy, shed light on their contribution to building national capacities in energy technologies. He stated, “Our commitment to innovation through collaboration is exemplified by our longstanding partnership with ADIPEC. As the energy industry rapidly embraces innovative technologies, we are dedicated to leading this transformation and promoting a sustainable energy ecosystem.”

We are delighted to be part of this transformative initiative alongside ADNOC and our esteemed partners at Kanoo Energy,” said Anirudh Sharma, Co-founder & CEO of Carbon Clean. “Carbon Clean remains committed to advancing sustainable solutions and addressing the urgent global need for carbon capture technologies. Together, we are charting a more sustainable future for industries worldwide.”

During the event spanning four days, ADIPEC 2023 drew in over 150,000 professionals and corporate representatives this year. Hosted by the Abu Dhabi National Oil Company (ADNOC) in the capital of the UAE, ADIPEC was the world’s most influential meeting place where oil, gas and energy companies and professionals convened in person, safely and securely.

About Kanoo Energy

Part of Kanoo Industrial & Energy, Kanoo Energy has been in operation for more than 2 decades providing end-to-end solutions for diverse industrial applications. It provides sustainable solutions to utility companies, refineries, petrochemicals, aviation and in the GCC industrial sector as a whole, through smart engineering and value-added services. It is recognized across the region for bringing customized value-added solutions through a well-developed network of reputed manufacturers worldwide and extensive relationships with international associates, supported locally by highly qualified multinational engineering staff.

The group’s skilled and experienced staff provides engineered solutions that adhere stringently to local legislation, as well as fully complying with international engineering standards and best practices.

About ADIPEC:

ADIPEC is an international platform uniting industry to accelerate urgent, collective and responsible action to decarbonize quicker and future-proof our energy system. Hosted by ADNOC under the theme ‘Decarbonizing. Faster. Together.’, ADIPEC builds on its nearly four-decade legacy as an inclusive platform, facilitating dialogue across the entire energy ecosystem and beyond, fostering cross-sector partnerships and inspiring game-changing solutions towards a cleaner, more secure energy future.

by Team SNFYI

Abu Dhabi has ranked as the fastest-growing emerging ecosystem in the Middle East and North Africa (MENA) region, marking a 28 per cent growth in ecosystem value in the 2024 Global Startup Ecosystem Report (GSER) by Startup Genome and the Global Entrepreneurship Network, launched during London Tech Week. GSER, which uses the world’s most quality-controlled dataset on startup ecosystems, analyses data from more than 4.5m companies across more than 300 entrepreneurial innovation ecosystems. It provides compelling new insights and deep knowledge about startup trends around the world and ranks the Top 40 global ecosystems, emerging ecosystems, and an expanded regional ranking. Abu Dhabi startups As part of Startup Genome’s analysis of the UAE’s capital city, including the growing startup activity at Hub71, Abu Dhabi’s global technology ecosystem, GSER 2024 found that Abu Dhabi continues to be the fastest-growing emerging ecosystem in the MENA region. The ecosystem created $4.2bn in Ecosystem Value from July 1, 2021 to December 31, 2023, representing 28 per cent compound annual growth compared to July 1, 2019 to December 31, 2021 period. Ecosystem Value is a measure of economic impact, calculated as the value of exits and startup valuations. Abu Dhabi’s ranking jumped 15 spots compared to the previous year, landing in the 61-70 group and Total Early-Stage Funding between July 1, 2021 and December 31, 2023 is $284m and total VC Funding for 2019-2023 is $1.06bn. In addition, Abu Dhabi was ranked: Other ranks attained by the emirate include posting within the Top 10 MENA Ecosystem in Knowledge, which measures innovation through research and patent activity, within the Top 15 MENA Ecosystem in Bang for Buck, which measures the amount of runway tech startups acquire, on average, from a VC round, within the Top 15 MENA Ecosystem in Affordable Talent, which measures the ability to hire tech talent. It was also highlighted in the FinTech, AgTech and New Food, and ClimateTech sectors for their density of talent, support resources, and startup activity. Also spotlighted were the Golden Visa and Abu Dhabi’s strategic location, which were cited as reasons a startup should move to the ecosystem. Ahmad Ali Alwan, CEO of Hub71, said: “Abu Dhabi’s rise as a leading startup ecosystem in the region is a testament to the opportunities it offers entrepreneurs worldwide. “Its favorable environment creates the funding and commercial prospects and establishes the foundation for startups to scale. This is exemplified through Hub71 which has seen its startup community grow over the past five years as more startups identify Abu Dhabi as a launchpad for their global expansion. “As the Startup Genome report shows, Hub71 is fulfilling the vision of our leadership to maximize the potential of disruptive ventures that are transforming society with impact.” The report highlights Abu Dhabi’s key ecosystem players including Abu Dhabi Global Market (ADGM), Mubadala Investment Company, ADQ, the Abu Dhabi Investment Office (ADIO), startAD, and Abu Dhabi Department of Economic Development (ADDED), which are contributing to a favourable operating and regulatory environment and offering unique incentives, such as 100 per …

by Team SNFYI

The Arabian Research Bureau is pleased to announce that COMEX 2024 – Global Technology Show, the leading technology exhibition of the year in the Sultanate of Oman will feature 24 Elements. For the previous 32 Editions, COMEX has been offering a platform for individuals, businesses, investors, and government bodies and organizations to present their products, innovations that help explore and discuss solutions in the world of tech. The 33rd Edition of COMEX 2024 is organized under the support of the Ministry of Transport, Communication and Information Technology, and is set to take place during the period from 27-30 May 2024, at Oman Convention and Exhibition Center. The event aims to create a convergence point for tech enthusiasts, startups, innovators, industry experts, investors, and visionaries, offering visitors, participants and exhibitors an opportunity to explore, network, and learn about the latest trends and advances in technological development.  The exhibition also highlights cutting-edge and diverse solutions in technology, including artificial intelligence, digital transformation, cybersecurity, Programming, blockchain technology and electronic and digital knowhow of all kinds. Furthermore, COMEX 2024 seeks to facilitate the efforts of digital transformation, technological development and diversification of investment in technology, knowledge and innovation in the Sultanate of Oman.  Keeping abreast of the accelerated global developments of advanced technologies and the role of technology in the development of capabilities, skills and productivity and its importance in supporting the national economy, COMEX will receive wide participation from various government agencies and regional and international tech companies. COMEX 2024 aims at showcasing 24 different elements and offers a diverse selection of activities and zones that include the Banking, Fintech and InsureTech Zone, which discusses innovative solutions in the advancement of digital banking, cryptocurrency, digital wallets and much more. The 2nd Digital Government Forum provides valuable insights from keynote speakers and panel discussions featuring top experts from around the GCC, sharing their vision for the future of technology. The COMEX VIP Majlis, which connects industry leaders, potential partners, and like-minded individuals to foster collaboration and innovation in a private zone. The Tech Startup Zone, which promotes new tech companies, as well as provide a platform where emerging startups will pitch their groundbreaking ideas and solutions, and investors are able to scout for promising innovations. The COMEX exhibition also includes the VIP B2B Buyers and Meeting Zone for businesses looking to invest, collaborate and grow; offering a unique opportunity to capture promising opportunities in the tech sector. The COMEX Workshops, which help to expand knowledge and skills through interactive workshops and training sessions conducted by industry leaders. Drones, Future Mobility, EV, Renewable and Sustainable Energy Zone, a special zone for companies to promote the latest technology in renewable and sustainable energy. As well as several additional features like COMEX Hackathon, Gaming and Esports, Talks and much more.   COMEX 2024 is a groundbreaking exhibition that promises to be an extraordinary showcase of innovation, technology, and cutting-edge solutions. Do not miss the opportunity to be part of Oman’s most prestigious tech event.

by Team SNFYI

Moscow, Russia-based Neosun Energy, a global developer of solar energy solutions has lately announced the opening of a new regional office in Dubai, United Arab Emirates to extend its footprint to the MENA market. The company is also planning to open new offices in Saudi Arabia and Oman soon. Historically known for its abundant oil reserves, the MENA region is now witnessing a paradigm shift towards sustainable energy sources, with a concerted effort to harness its vast natural resources for renewables. According to the International Energy Agency (IEA), the MENA region is projected to add 62 GW of renewable energy capacity over the next five years. The projection aligns with COP 28 i.e. the United Nations Climate Change Conference that took place in Dubai from 30 November to 12 December 2023. The growth acceleration for solar capacity in the region is expected to grow over three times that of the last five years – marking over 85 percent increase. Speaking of the development, Ilya Likhov, CEO of Neosun Energy, in a press release said, “The unique climatic conditions of the MENA region make it an ideal center for solar energy production. The UAE, Saudi Arabia, and Oman have one of the highest solar exposure rates globally, with solar irradiance from around 2,285 kWh/m2 to 7,004 kWh/m2,” said Likhov. Speaking of the MENA region as an ideal opportunity for solar energy solutions, Likhov says, “As solar energy is the most cost-effective form of energy generation today, the MENA countries can produce the cheapest electricity. All of this is fertile ground for local entrepreneurs to utilize solar energy solutions to make their businesses more profitable,” Likhov adds. According to the company, one of the key advantages of Neosun’s solar installations is their adaptability for remote and off-grid locations, addressing the challenges of limited or unreliable conventional electricity access. By harnessing solar energy, businesses in remote areas can initiate operations independently of the grid, unlocking new avenues for economic growth and development. Today their projects are presented in 16 countries. Speaking of the growth opportunities for local businesses in the MENA region, Likhov said, “We are already in talks with potential partners in the MENA region. We strongly believe that the new Neosun Energy office will help to be closer to local businesses and commercial enterprises to provide them with affordable solar energy solutions: be it solar plants, innovative energy storage systems, or portable Power Hubs.” “Using the new solar energy technologies will help local businesses to increase their cost efficiency and investment attractiveness,” Likhov concluded. Source: Laffaz