Experts are urging organizations in the oil and gas industry to adapt to an increasingly interconnected energy landscape by taking a streamlined and coordinated approach to security. Technology brings with it a growing concern of data and infrastructure protection that needs to be immediately addressed. The Middle East’s burgeoning security market is forecast to be worth US$34 billion by 2020, with more than 50% being spent on government, energy and critical infrastructure, according to a recent Frost & Sullivan report. Meanwhile, figures from MarketsandMarkets show that the overall critical infrastructure protection market in the Middle East will be worth US$13.07 billion by 2018.
In support of efforts to protect the industry from threats posed by compromised information technology, the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC 2016) will be launching its inaugural edition of “Security in Energy.” The program, which is supported by the UAE Telecommunications Regulatory Authority (TRA) and the Critical Infrastructure and Coastal Protection Authority (CICPA), will feature a dedicated exhibition and conference, providing valuable insights on the growing need for worldwide industry security across the energy landscape.
“Global advances in technology have allowed us to connect with others in a way we never have before. In the energy sector, it has propelled stakeholder collaboration and the sharing of knowledge and information, enabling real-time interaction between experts, professionals, and those working on the field,” said H.E. Hamad Obaid Al Mansoori, TRA Director General.
“However, with greater interconnectivity comes greater challenges within information security, making it crucial that we are always one step ahead when it comes to protecting sensitive data. This means organizations need to develop a consolidated, multilayered strategy for safeguarding critical industry information. The inaugural ‘Security in Energy’ exhibition and conference at ADIPEC will address those very concerns, inviting the best and brightest minds under one roof to discuss how the industry can shield itself from the very real threats posed by information technology,” H.E. Al Mansoori added.
Set to be the annual meeting platform for key regional and international stakeholders engaged in ensuring the safety of the industry, “Security in Energy” will address both the physical and virtual threats to critical infrastructure.
The conference agenda includes a keynote presentation by British army officer and former NATO Deputy Supreme Allied Commander for Europe, General Sir Richard Shirreff. Conference speakers will also include senior-level representation from industry leading companies, to include the TRA, Saudi Aramco and the National Emergency and Crisis and Disasters Management Authority (NCEMA).
ADIPEC 2016 will be held 7-10 November in Abu Dhabi, with the “Security in Energy” sessions taking place on 8-9 November. Click here for more information.