Adipec 2015 posts growth amidst challenging market conditions
16th November 2015
Early indications from onsite participant surveys show there was $7 billion of business generated during the first three days of the four-day event, with final figures announced in the coming days.
The 18th edition of the annual Abu Dhabi International Petroleum Exhibition and Conference, or Adipec, has posted record-breaking growth amidst a challenging economic environment for the oil and gas industry, event organisers said on Thursday.
Early numbers show that Adipec welcomed more than 86,000 visitors this year, compared to 76,240 in 2014, an increase of nearly13 per cent. The world's landmark oil and gas event also posted record participation from exhibiting companies, with 2,050 exhibitors from across globe, a considerable rise from last year's 1,800. Adipec also experienced growing global recognition, with a 70 per cent increase over last year in the number of international visitors. The event hosted 23 international pavilions, including companies from major industry players and emerging markets.