OPEC to hold special workshop on energy and information technology

Vienna, Austria, 15 April 2021--The OPEC Secretariat will host the Third Workshop on Energy and Information Technology on Wednesday, 26 May 2021, via videoconference.

The workshop aims to discuss and exchange views on key issues relevant to energy technology and associated trends. This year’s edition has a wide-reaching agenda and will include topics such as demand for petrochemicals and related emerging technologies, innovation and trends in the digitalization of the energy sector, and developments in blockchain and communication technologies.

A number of experts from OPEC Member Countries, other oil producing and consuming states, international organizations and key global companies will be invited to take part in the workshop.

OPEC Secretary General, HE Mohammad Sanusi Barkindo, highlighted the importance and timeliness of the planned workshop, noting that IT plays a vital and strategic role in the affairs of energy and oil in particular.

“The oil sector has always remained flexible and adaptive to emerging technologies with the aim to utilize them to boost the efficiency and effectiveness of the industry’s operations, such as in extraction, exploration and transportation. In essence, technology has helped our industry to raise its standards, as well as enhance its environmental credentials,” he stated.

The Secretary General added: “Technology’s leading role in energy has ushered the Secretariat to invest a great deal of its resources to study this ever-evolving field, including in its World Oil Outlook (WOO), which examines the industry’s long-term prospects.”

In its third edition, the workshop forms part of the Secretariat’s ongoing research programme, which encompasses organizing meetings and workshops to exchange information and discussing some of the energy industry’s most important and pressing issues.

In its previous edition in 2020, the workshop attracted more than 200 participants, representing OPEC Member Countries, industry, government and research institutions.