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J A N U A R Y 2 0 2 0

N E W S

Bitcoin Mining Reduces

Oil Companies Carbon

Footprint

Industrial Wax Market

to Reach USD 12.95

Billion by 2026

Weatherford Will

Provide Industry Voice

On “Developing

Capabilities for the

New Energy Economy”

34 38 42



WE ARE NOW

ACCEPTING SPONSORS

Dubbed as the “Oscars” of the engineering, industrial and

technology, the GineersNow Awards (2020 Asia) highlight

corporate and individual achievement, visionary leadership,

and impeccable performance in 19 categories.

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Ms. Ems at +63 917 1792828 ems@gineersnow.com




E D I T O R ‘ S N O T E

In spite the fact that the oil and

gas industry was in a massive

downward spiral several years

ago, there have been colossal

upsurges in capital high-grading

and cost containment

recently. Not to mention a rise

in the efficiency of operations

too.

A rise in the importance of

infrastructure in the oil

industry, a major comeback of

the natural gas sector, a move

towards sustainability in the oil,

gas, and chemical markets,

and an emergence of

high-tech advancements in

order to ease the lives of the

oil and gas industry workers.

In regards to the oil industry

of 2020, one should be

surprised when there is an

upward movement and greater

emphasis in the importance of

infrastructure. Bigger process

facilities, underground

pipelines, and storage

building, among other

innovations, will be more to

the value chain of the oil

and gas industry.

Another 2020 oil market trend

that one should be aware of

is the return of the natural

gas sector and its potential to

church out the most valuable

resource for low-carbon power

generators

To conclude, prepare to see

a spectacular move towards

sustainability in the oil, gas,

and chemical markets in 2020

in order to create a greener

Energy Forecast in 2020:

Chemicals, Petroleum,

Oil and Gas

earth. Despite the fact that the

oil, gas, and chemical industry

always faced challenging in

terms of penetrating the

sustainability market, its

attempts and journey to be

more environmental is

commendable and

honourable at best.

This is great news for each

environmentalist in the globe

as the figureheads of the oil

and gas industries are

beginning to invest in

renewable, low carbon

energy companies and

slowly but surely forego their

planet-deteriorating

products and practices.

As we move towards the year

2020, we must remember

that the oil and gas sector is

world-renowned tor its

technological innovation and

its potential for growth.

4


Regional Office: LG Electronics Gulf FZE, P.O Box 61445, Dubai. Tel: +971 4 279 9222, UAE, Mr. Amjad Abu Alika, Tel: +971 50 450 9808, email: amjad.abualika@lge.com; Fortune

International Trading LLC, Mr. Wail Halbouni, Tel: +971 50 481 3570, email: fortintl@emirates.net.ae; Ghantoot Trading, Mr. Nour Haboush, Tel: +971 50 109 4109, email:

nour.h@ghantootgroup.ae; District Cooling Company, Mr. Ahmed Henedi, Tel: +971 50 658 4832, email: ahmed@districtcoolingcompany.com; Al Yousuf Electronics, Mr. Moitra, Tel: +971

50 457 6170, email: pmoitra@alyousuf.com; Bahrain, AJM Kooheji and Sons, Mr. Jayachandran, Tel: +973 36888801, email: v.jayachandran@ajmkooheji.com: Al Babtain Air Conditioning &

Refrigeration Co., Mr. Naji Kataya, Tel: +965 5 051 5771, email: nkataya@albabtaingroup.com,kw; BLK, Mr. Imad Rhayel, Tel: +965 5 157 1229, email: irhayel@blk.com.kw; Oman, Oman

Gulf Enterprise, Mr. Narender Kumar, Tel: +968 9 747 4505, email: narenderk@otegroup.com; Aspire Projects and Service, Mr. Vivek Wagh, Tel: +968 99357694, email:

vivekwagh@aspireoman.com; Azerbaijan, NBC LLC., Mr. Elkhan Sadikhov, Tel: +994 50 216 3363, email: elkhan.sadikhov@nbc.com; Al-Con Maxiwell Group, Mr. Vagif Alexperov, Tel: +

994 50 216 2092, email: maxiwellbaku@inbox.ru; Armenia/Georgia, ARAY Gulf, Mr. Vilson Melikjanyan, Tel: +374 9 307 7755, email: vilson@aray.am; Yemen, Modern House

Exhibition, Mr. Khaled Jabr, Tel: +967 71 172 0202, email: mail@mhe-yemen.com; Pakistan, Iceberg Industries (Lucky Goldstar), Mr. Imran Jamil Khan, Tel: +923 21 277 6100, email:

ceo@icebergindustries.net


C O N T E N T S

10

Every Chef and Restaurant

Owners in PH should have this

Induction Cooker

46

24TH World Energy

Congress Concludes with

Celecbration of Inovation &

Entrepreneurship

14

2020 Trends in Oil & Gas

34

Bitcoin Mining Reduces Oil

Companies Carbon Footprint

58

Ten Innovativev Solutions of

Social Incubator Program in

Abu Dhabi Rewarded AED 4.4

Million Investment to Support

People of Determination

62

Hyundai Motorsport Set to Go

Electric

38

Industrial Wax Market to Reach

USD 12.95 Billion by 2026 |

Reports And Data

66

12V Waterproof Actuator

70

Is Your Cyber Prevention

Plan Up To Date?

42

Weatherford Will Provide

Industry Voice On “Developing

Capabilities for the New Energy

Economy”

74

Food for Thought: These

Foods Will Keep You More

Focused and Alert at Work

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FEATURE STORY

Every Chef and Restaurant Owners in PH

should have this Induction Cooker

Food is an integral part of Philippine

culture but not everyone can cook. It is,

however, something we all should learn. We

may never be the next Gordon Ramsay or

Jaime Oliver, but we should strive to do more than

pop a few leftovers in the microwave, cook rice, or

fry a couple of eggs. While it is understandable

that cooking is neither a walk in the park nor an

inviting skill to learn, since it is very technical

and mathematical at its core, an induction

cooker makes this important life skill safer,

easier, and more fun.

Usage of induction cookers is slowly on the rise,

trailing and catching up to the two most common,

widely used tools for cooking: gas cookers and

electric cookers. These two have cemented

themselves in our food-loving Filipino culture

and have distinct advantages over the other. While

gas cookers boast even heating across a person’s

cookware, electric cookers are easier to clean. The

reason why induction cookers have come neck and

neck to these two giants is because of the lack of

overall difficulty in using it. An induction cooker

takes the beautiful things about its gas and electric

counterparts—even heating and ease of cleaning—

and peppers it with even more advantages.

While induction cookers are the up and coming

front-runners in the field of cooking, the TOSOT

Induction Cooker stands above the rest in terms

of number of advancements. It has a simple, slim,

elegant design and a long list of features that keep

its expert and novice users and their families in

mind, making it revolutionary for meal-making

and a surefire way to kick off the road to cooking

proficiency.

You may not cook as well as Gordon Ramsay or

Jamie Oliver even with the TOSOT Induction

10


Cooker, but you definitely will feel like an expert

with these five amazing features:

1. It has a beautiful digital display and touch

control panel

From smartphones to tablets, touchscreen has been

the current technological trend so far. Now you can

cook with pride, knowing full well that even your

induction cooker has a sleek display, user interface,

and is smooth to the touch, giving you access to a

wide variety of options.

2. It’s resistant to boiling and overheating

Using magnetic currents to directly heat pots and

pans instead of igniting a fire on the cooktop or

turning on the electric stove, the TOSOT

Induction Cooker is an overall more efficient tool

to use in the kitchen. You can even crank it up and

place your skin against it and nothing will happen.

But while your skin won’t burn, the pots and pans

will be extremely hot.

Other induction cookers aren’t so lucky with

extremely hot pots and pans. It is unfortunate to

see the induction cooker break by the very thing

it superheated. Luckily, the TOSOT Induction

Cooker is much more resistant, allowing you

to cook to your heart’s content.

3. It keeps kids from hurting themselves

If you want to teach your kids how to cook, then

sadly, the TOSOT Induction Cooker is not the right

tool for the job. With its safety features and child

lock design, this state of the art induction cooker

cannot be tinkered by children. It may not be fun

for the kids, but it is definitely fun for you while

you cook with confidence knowing that your kids

can’t break it or, unlike with other types of cookers,

burn the house down.

4. It has presets, so you can live your chef

dreams

Soup, double stewed soup, porridge, chaffy dish,

barbecue, and stir-fry. These six cooking presets

allow you to be the experimental chef you have

always wanted to be. You can make an entire

Christmas feast using only the innovative TOSOT

Induction Cooker.

5. You get freebies!

Who doesn’t like freebies? When you purchase a

TOSOT Induction Cooker, you also get a free

stainless steel cooking pot and non-stick frying pan

for all your cooking needs. The cooking pot and

frying pan is resistant to heat, giving you that

added layer of safety and certainty when cooking.

This is especially helpful for new restaurant owners.

While there are many more useful features, the

TOSOT Induction Cooker is perfect for novice and

expert chefs, restaurant owners, and home cooks.

This induction cooker is a must have, and kitting

your kitchen with this beauty is will just kick your

culinary adventure into high gear.

11




14


As we close in on the year 2020, many individuals in the oil and gas

industry are conducting research and nigh endlessly studying about

how they can improve their efficiency, work ethic, output, and overall

morale. That having been said, here are their findings and gradually

growing trends that are prospected to be realized next year.

Here are some of those findings:

Firstly, the United States of America made over 15.3 million oil

barrels every day in the year 2018, which meant America was, at that

point, the top producer of oil in the entire world last year. Coming

from this finding, the question then is: how can the oil and gas indus-

15




C O V E R S T O R Y

try keep up with such a massive supply and demand? To answer this

question and prepare the industry for the year 2020, we must take a

step back and revisit oil energy in 2018 and thoroughly scan the oil

and gas industry’s performance this year, as well.

If there is one thing certain, it is that the oil industry is constantly

evolving. Prices, for instance, are constantly shifting from high to low.

Like liquid, companies are always adapting to the energy market.

It is fortunate then that investors in the chemical industry have seen

an upward growth margin over the past couple of years. That having

been said, a bright idea may be to anticipate a potential decrease in

pace in the future.

The good news is the economic downturn of the oil and gas industries

in 2014 is a thing of the past. In fact, the oil markets have convalesced

exceptionally well. This is thanks in major part to a few happenings,

including:

The successful treaty between those who are and are not part

of the Organization of Petroleum Exporting Countries; less oil

production from competitive markets; and strong demand for

oil across the globe, among others.

Luckily, the natural gas liquid industry saw positive growth in 2018

as well, due to the Permian Basin manufactured an extra 2 million

barrels per day last year.

In 2019, things became a little different. Performance of the industry

fell back a bit compared to last year.

To start, there were a number of oil explorations this year.

According to a survey by the audit company Deloitte, there is hope

for a full recovery for the oil and gas sector this year from the huge

turnaround in terms of financial growth, gas prices, and investment

returns for the oil industry right now.

With how much the oil and gas sector has risen all throughout the

globe, there have only ever been a few risks presented from other

countries that export oil.

As the oil and gas industry licks its wounds from the infrequent

market, there have been several factors that point to an overall

upswing, such as:

Increased employment opportunities for American citizens; higher

business investments in the oil and gas industry; stabilized prices

18


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22

There is hope

for a full

recovery for

the oil and gas

sector this year

from the huge

turnaround in

terms of

financial

growth, gas

prices, and

investment

returns for the

oil industry

right now.


23




26


With the

climbing price

of consumer

goods and the

swollen cost

of conducting

business in the

steel industry,

there could be

a disruption in

future supply

chains.

27




C O V E R S T O R Y

throughout the year so far, among others.

There has also been an increase of financial

resources for the gas industry. This is because of tax

cuts and improved government spending, which

denotes that the oil market will continue to grow in

2020, despite the current taxes on the sector.

Thus, with the climbing price of consumer goods

and the swollen cost of conducting business in the

steel industry, there could be a disruption in future

supply chains.

This means that, come the year 2020, the biggest oil

and gas trend to keep a lookout for is profitable

returns for investors due to the exceptional

recovery of the price of consumer goods and cash

flows last year. That being said, the only thing that

investors have to worry about is how profitable

their returns will be.

In spite the fact that the oil and gas industry was in

a massive downward spiral several years ago, there

have been colossal upsurges in capital high-grading

and cost containment recently. Not to mention a

rise in the efficiency of operations too.

One should also expect to see:

A rise in the importance of infrastructure in the

oil industry, a major comeback of the natural gas

sector, a move towards sustainability in the oil, gas,

30


and chemical markets, and an emergence of

high-tech advancements in order to ease the

lives of the oil and gas industry workers.

In regards to the oil industry of 2020, one should

note be surprised when there is an upward

movement and greater emphasis in the importance

of infrastructure. Bigger process facilities,

underground pipelines, and storage building,

among other innovations, will be more to the

value chain of the oil and gas industry.

Another 2020 oil market trend that one should be

aware of is the return of the natural gas sector and

its potential to church out the most valuable

resource for low-carbon power generators

To conclude, prepare to see a spectacular move

towards sustainability in the oil, gas, and chemical

markets in 2020 in order to create a greener earth.

Despite the fact that the oil, gas, and chemical

industry always faced challenging in terms

of penetrating the sustainability market, its

attempts and journey to be more environmental

is commendable and honourable at best.

This is great news for each environmentalist in

the globe as the figureheads of the oil and gas

industries are beginning to invest in renewable,

low carbon energy companies and slowly but

surely forego their planet-deteriorating products

and practices.

As we move towards the year 2020, we must

remember that the oil and gas sector is

world-renowned tor its technological

innovation and its potential for growth.

-end-

31




N E W S

Bitcoin Mining Reduces Oil

Companies Carbon Footprint

The world is waking up to the environmental

damaged caused by the human race. With the clock

ticking, more innovation and ideas are needed to

contribute in mitigating harmful gases and

reducing our carbon footprint.

So, it is nice when something that often divides

opinion such cryptocurrency can do good for

everyone. In this instance, Bitcoin mining has the

potential to reduce the carbon footprint of oil

drilling companies in remote locations.

These developments may not only help the

planet, they could also forward the cause for

crypto in new ways and see an even faster rate of

the number of people wanting a Bitcoin wallet from

trusted providers like Luno and/or signing up to a

crypto exchange.

What Is the Problem?

Although we need a world that runs off renewable

energy sources, the truth is that making that

happen is not easy when the infrastructure to

obtain traditional sources of energy (such as gas

and oil) is already in place and so much cheaper.

When the oil is extracted from the ground, a

bioproduct is also extracted known as natural

gases. This gas is wasted because drilling firms

do not know what to do with it or how to get it to

buyers within budget. Instead, it is released into the

atmosphere (within their legal limit) and it harms

the environment.

The biggest problem here is not that the gas cannot

be recycled and used for something else, but the

problem is that oil drilling usually occurs in

remote locations. Transporting this bioproduct is

not possible to oil drilling companies because they

have not developed the logistics to do so - and

because it is cost inefficient to accomplish.

Bitcoin Mining as the Solution

Getting this natural gas to buyers is proving

impossible, but you could always bring people to

these drilling locations to take the gas from them.

This helps the drilling company because they can

operate easily within their legal limit of gas flaring

(releasing it into the atmosphere).

No company is going to travel to remote locations

collect the gas and travel back to their company

with it, but Bitcoin mining farms could head to

these locations and set up camp alongside drillers

to utilise the gas they would have released.

The gas will then be used to power mining farms,

which not only saves on energy like electricity, but

it does have a subtle side benefit. Many crypto fans

have vented frustration that Bitcoin mining has

become a centralised activity in an industry built

on decentralisation. By spreading mining

operations out across the same remote locations

where oil firms are working, it could

re-decentralise crypto mining.

Overall, the idea benefits oil firms, the crypt

community, Bitcoin miners and the whole planet.

Final Thoughts

Since the release of Bitcoin as a method of

peer-to-peer payment, nobody could have expected

how many altruistic and environmental uses it has

enveloped its way into. More innovation and ideas

like these can help promote crypto and its uses to a

mass audience.

34


35




Industrial Wax Market to Reach USD 12.95

Billion by 2026 | Reports And Data

Industrial Wax Market Size - USD 9.53 Billion in

2018, Market Growth - CAGR of 3%, Industrial

Wax industry Trends- progressive increase in

demand for coating of commercial products

The growth of the market is governed by various

factors such as growing demand from cosmetic

industry

The industrial wax market is expected to reach

USD 12.95 Billion by 2026, according to a new

report by Reports and Data. Industrial waxes are

solid substances that melt and transform into a

liquid state at slightly higher temperatures. Various

types of waxes are available in the market, such as

bio-based, fossil-based, and synthetic waxes.

Industrial wax display excellent properties and

thus, find a broad range of applications in

pharmaceutical, packaging, plastics, cosmetics,

candles, and other sectors.

Enhanced demand from the personal care

industry, cosmetics, and personal care industries

are observing visible growth worldwide because

of the rise in consumer interest for personal

hygiene and beautification products. Industrial

wax is utilized in cosmetic and personal care

product formulations to improve the thickness

and texture of these products. Various types of wax

are being used in several cosmetic products. With

the rise in demand for personal care products,

several companies are coming ahead to supply wax

to provide to the needs of the personal care and

cosmetics business.

North America is the most advanced market for

industrial wax, owing to the availability of

higher quality of infrastructure and technology. The

region is also commencing in product innovation

38


along with research and development for industrial

wax. The North America industrial wax market is

expected to rise with a CAGR of 3.9% during the

forecast period.

Further key findings:

• The Industrial Wax Market is estimated to reach

USD 12.95 Billion by 2026, at a CAGR of 3.8%

during the forecast period.

• The application in candles accounted for the

largest share of 25.3% of the market in 2018.

• The online sales channel segment accounted for a

larger share of 62.8% of the market in 2018.

• The synthetic based type is expected to witness

the highest CAGR of 4.1% during the forecast

period.

The largest share is accounted by the Asia Pacific

region with the share of 29.3% of the market in

2018 due to the generation and consumption of

packaging products, candles, and coatings.

Countries such as India, China, and Japan are

among the principal markets for packaging,

coatings & polishes, candle making, and tires

& rubber. The growth led to accelerated

industrialization, growing demand from various

applications, and increasing government spending.

Various players are developing

strategies to mark their presence in

the industry.

Rising per capita income has observed more

consumption of the product, which has encouraged

the growth of the market. The accelerated increase

in demand for color candles is also impacting the

growth of the market.

The increasing needs for colored

and scented candles are broadly

considered among the most significant

factors when buying candles.

The Key players in the Industrial Wax Market

include The Blayson Group Ltd, HCI Wax, The

PJSC Lukoil Oil Company, Exxon Mobil

Corporation, The International Group, Inc.,

Numaligarh Refinery Limited., Sasol Limited,

Royal Dutch Shell Plc, Petróleo Brasileiro S.A.,

and China Petroleum & Chemical Corporation.

39




N E W S

Weatherford Will Provide Industry Voice On

“Developing Capabilities for the New Energy Economy”

Weatherford International plc (OTC-PINK:

WFTIQ) announced it will showcase its bestin-market

oilfield technologies for directional

drilling, managed pressure drilling (MPD),

single-trip completions, production optimization

and automated connection integrity at the 2019

Kuwait Oil & Gas Show and Conference to be held

October 13 to 16, 2019 at the Kuwait International

Fair (KIF) in Mishref.

On Wednesday, October 16th from 10:45 a.m.

to 12:15 p.m., Weatherford will present on

“Developing Capabilities for the New Energy

Economy.” The program will look at the current

state of oilfield service operations and make a

compelling case for why the future of the

industry depends on embracing automation and

digital transformation.

During the show in Weatherford booth 6232,

guests can see physical models of the industry-leading

rotary steerable system, Magnus, and the industry’s

most disruptive tubular-running technology,

Vero automated connection integrity. In-booth

presentations will be ongoing for the company’s

marquee drilling, well construction, completions

and production technologies, including:

- Vero® automated connection integrity replaces

42

human judgment with artificial intelligence,

- TR1P single-trip completion system sets a new

precedent in deepwater completions,

- ForeSite® production optimization platform

brings Production 4.0 capabilities to the oil field,

- Magnus® rotary steerable system delivers

high-performance, precise directional control, and

- Victus intelligent MPD achieves unmatched safety

and cost savings through an end-to-end MPD

solution.

For a complete look at the Weatherford product

line-up for the 2019 Kuwait Oil & Gas Show and

Conference as well as a link to the official show

website, visit:

https://www.weatherford.com/en/about-us/tradeshows-and-events/kuwait-oil-gas-show-and-conference-(kogs)-2019.

About Weatherford

Weatherford is one of the largest multinational

oilfield service companies providing innovative

solutions, technology and services to the oil and

gas industry. The Company operates in more than

80 countries and has a network of 620 locations,

including manufacturing, service, research and

development, and training facilities and employs

more than 24,000 people.


43




MIDDLE EAST NEWS

24TH World Energy Congress Concludes with

Celebration of Innovation & Entrepreneurship

Dmitry Kozak, Deputy Prime Minister of the

Russian Federation,and Alexander Novak,

Minister of Energy, Russian Federation,

announce Russia’s hosting of 25th World

Energy Congress in 2022

The need for courageous entrepreneurship to tackle

tomorrow’s key energy issues, using 5G to stimulate

a drive towards sustainability and how

collaborations can lead to faster, better and cheaper

energy were among the issues addressed during

the fourth and final day of the 24th World Energy

Congress.

Maintaining the momentum of the previous three

days of high-level discussions, the closing sessions

at the World Energy Congress welcomed some of

the UAE’s highest profile business leaders as well

as distinguished industry figures, exciting young

thinkers and government ministers under the

theme of ‘Innovation: The pathway to prosperity”.

Thursday saw extensive debates covering

issues critical to the future of energy

production, supply and distribution and how bold

entrepreneurship can shape the culture of

innovation needed in rapidly changing world.

UTILIZING ADVANCES IN COMMUNICATION

TO DRIVE SUSTAINABILITY

The day’s keynote speech saw Khalifa Hassan

Alforah Alshamsi, Etisalat’s Group Chief

Corporate Strategy & Governance Officer, explain

how the newest generation of mobile technology

can be harnessed to promote sustainability in the

energy sector.

His address, titled ‘Leveraging 5G to drive

sustainability and enable innovation in the

energy sector’ outlined how improved

communication between individuals,

companies and entities, including greater

access to information and better utilisation of the

internet, can boost the ongoing drive

towards sustainability.

Mr Alshamsi said: “5G is a new piece of technology

that can revolutionise new industry. It is not only

about speed but yes it will be phenomenal for VR

and AR experiences.

“5G is a fundamental tool that will benefit cities,

countries, factories and refineries because 5G is the

cornerstone for industry and key for the future of

digital.

“To make the most of what 5G can offer, it is all

about collaboration and innovation. This will not

happen by just sitting down in the office. We have

to connect our minds together and have to

experiment. We can do anything if we have the

will,” said Mr Alshamsi.

EMPOWERING TODAY’S ENTREPRENEURS

TO SOLVE TOMORROW’S PROBLEMS

As well as bringing together key figures from the

energy sector, World Energy Congress also

supports and inspires the leaders, innovators and

thinkers of tomorrow.

The session ‘Start-up Energy Transition: The power

of the bold’ saw a panel of experts, among them the

winners of this year’s Start up Energy Transition

Award, debate, discuss and predict the most

pressing energy challenges the world will face in

years to come.

Marwan Bin Haidar, Executive Vice President of

Innovation & The Future, Dubai Electricity and

Water Authority (DEWA), joined the delegates to

consider the new business models, technologies

46


and ideas that will be at the forefront of the

industry’s ongoing transition.

Mr Bin Haidar explained that all companies must

“innovate or stagnate” and that incorporating brave

and bold new ideas developed by start-ups is key to

a successful future for established firms.

“The company receives new, bold ideas and

solutions while the start-ups can benefit from years

of experience and understanding of the industry,”

said Mr Bin Haidar. “In this way, everyone benefits.”

Andreas Kulmann, Chief Executive of the

German energy company Deutsche Energie-

Agentur, echoed Mr Bin Haidar’s comments

adding that for start-ups “being bold is one thing,

but being smart is another”.

“Discovering what is important for all partners and

what is important for the market can be difficult,

but if start-ups are smart, bold and very well prepared

to grow and develop collaboration, they and

their partners will flourish,” he said.

FINDING SOLUTIONS THROUGH

CREATIVITY, PASSION AND VISION

At the session ‘Pitch perfect: Best of the Start-up

Energy Transition (SET)’ Michele Fiorentino, Chief

Investment Officer, ADNOC, joined a panel of

judges to consider the ideas set out by SET finalists

to discover the next global game-changing idea or

invention for the energy sector.

An interactive, energetic and highly engaging

event, the SET finalists were challenged to outline

the benefits of their idea, its practical uses and why

investors should get behind them as part of a

professional pitch.

Start Up Energy Transition (SET) is a global

innovation platform supporting disruption in

energy transition. Selected from a total of 450

applications from 80 countries, 10 startup

finalists pitched their innovative ideas to

stakeholders, investors and members of the business

community.

Included in the final 10 were Germany-based zero

emissions company ONO, and home renewables

business DC Power Company Limited from

Australia.

“Improving urban mobility while facilitating

faster delivery of goods is ONO’s aim,” said

Veronica Louis, ONO’s Chief Communications

Officer. “Our Pedal Assisted Transporter (PAT)

improves access in crowded cities and boroughs

while also reducing emissions, pollution and

congestion.”

Emma Jenkins, Co-Founder and CFO at DC Power

Company Limited, explained how the company

places households with solar panels at the centre of

47




today’s power transition.

“Individual households will be able to trade energy

with the market resulting in an increased transition

to renewables,” she added.

CELEBRATING 4 DAYS OF INNOVATION AND

COLLABORATION

The closing plenary of the 24th World Energy

Congress celebrated the event’s achievements and

successes as well as reflecting on the innovative

ideas and bold solutions that were formulated over

four impactful days.

Dr. Christoph Frei, Secretary General & Chief

Executive Officer, World Energy Council,

moderated the final plenary of the week that

celebrated the achievements of the first World

Energy Congress to be held in the Middle East.

Speaking in front of an assembled audience, His

Excellency Suhail Mohamed Al Mazrouei, UAE

Minister of Energy and Industry, said the previous

days were an important step towards helping to

reshape the future of the energy industry.

He said: “It has been an excellent World Energy

Congress and the overall result of the discussions

between ministers of the governments have led to

an excellent outcome. We have agreed that all of us

are committed to reduce the emissions that we

produce and make sure that we can all work

together to help serve the whole industry well.

“It is also important to understand that any type of

energy is going to help us going forward. We have

to make an impact so that in the future, we have

cleaner air and water that will benefit the world.”

Joining H.E Al Mazrouei on stage was Alexander

Novak, Minister of Energy, Russian Federation. As

hosts of the next World Energy Congress in 2022,

Mr Novak said Russia will embrace the

opportunity to build on Abu Dhabi’s success in

50


hosting the energy industry’s flagship event in three

years time.

Mr Novak said: “I would like to invite all those

present here to attend the Russian Energy Week

as the perfect opportunity to follow up on the

achievements of the World Energy Congress in Abu

Dhabi.

“Major trends in the industry including the need

to modernise production, capacity and grid

management, the need for huge capital investment

in the sector, for AI, for improved efficiency, the

renewables and hydrocarbon mix and much more

have all been discussed at great length by leading

experts right here in Abu Dhabi at the 24th World

Energy Congress.”

DR MATAR HAILS STAGING OF 24TH WORLD

ENERGY CONGRESS

His Excellency Dr Matar Al Neyadi,

Undersecretary of the UAE Ministry of Energy and

Industry and Chair of the 24th World Energy

Congress, addressed the audience for the final

time and outlined the importance of staging the

24th World Energy Congress in the region and the

impact it will have on the Middle East and UAE for

years to come.

He said: “In the past few days we have had the

opportunity to examine a wide range of issues

impacting our industry. We have delivered a

diverse mix of energy leaders and practitioners

from around the world.

“Representing all forms of energy, they have been

united in their mission. This Congress agreed that

our collective thinking, collaborative strategies and

concerted efforts will lead us to our goals.

“It has been a pleasure to work with the World

Energy Congress and it will be our pleasure to work

51



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54


with our Russian colleagues to build on this success and make sure

that the 25th edition will be another exceptional event.”

WORLD ENERGY COUNCIL’S CHAIR ADDRESSES

AUDIENCE FOR LAST TIME

The 24th World Energy Congress brought to an end to Younghoon

David Kim’s role as the Chair of the World Energy Council.

Mr Kim addressed the audience of business leaders and industry

figures from around the world for the final time before thanking

them for their support. He ended his speech by handing over his role

to Jean-Marie Dauger, who will officially take over as the chair of the

World Energy Council.

RUSSIA DEPUTY PRIME MINISTER INVITES EXPERTS TO

25TH WORLD ENERGY CONGRESS IN 2022

Dmitry Kozak, Deputy Prime Minister of the Russian Federation,

flew into Abu Dhabi and personally invited the thousands of global

experts to the next staging of the World Energy Congress in 2022.

The audience witnessed a presentation that highlights the vision of

Russia and the energy sectors and what to expect three years from

now in St Petersburg.

Mr Kozak said Abu Dhabi has set the benchmark for success, but

Russia will strive to exceed expectations at the 25th World Energy

Congress while building on the solid foundations that have been laid

by the UAE capital over the last four days.

FAREWELL SPEECH FROM UAE’S MINISTER OF ENERGY

AND INDUSTRY

H.E Al Mazrouei, Minister of Energy and Industry of the UAE,

took the opportunity to express his gratitude for the thousands of

attendees that travelled to Abu Dhabi as well as the support of all the

sponsors that helped stage one of the most important Congress’ that

the UAE has held.

He said: “We are very proud of what we have done in Abu Dhabi and

we are going to work with Russia as one team through the World

Energy Council to deliver a better and more inclusive World Energy

Congress in 2022.

“We have seen great interaction between young and inspired

entrepreneurs of all industrial companies this week. We have learnt a

lot this week and we are promising that we will improve our policies

and continue to upgrade to ensure the future is bright for all

generations, not just here in the UAE but all around the world.”

55


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MIDDLE EAST NEWS

Ten Innovativev Solutions of Social Incubator

Program in Abu Dhabi Rewarded AED 4.4 Million

Investment to Support People of Determination

Ma’an announced today the ten winning teams in

the first cycle of the Ma’an Social Incubator

program.

Ma’an is part of the ‘Ghadan 21’ accelerated

development programme designed to spur

diversity and growth in Abu Dhabi’s economy to

make it one of the best places in the world to do

business, invest, live, work and visit.

The winning projects include a mobile app that

helps convert text to sign language and another that

helps people with visual impairments to navigate

their surroundings through sensors and visual

recognition. Among the winners of this year’s

edition, six teams were local, while four teams

were international.

The event this morning announcing the ten

winning projects was attended by His Excellency

Sheikh Abdulla Bin Mohamed Al Hamed,

Chairman of Department of Health; His

Excellency Dr. Mugheer Khamis Al Khaili,

Chairman of the Department of Community

Development; His Excellency Abdullah Abdulali

Al Humaidan, Secretary General of Zayed Higher

Organization for People of Determination; His

Excellency Hamad Al Dhaheri, Director General of

the Social Support Authority; and Her Excellency

Salama Al Amimi, Director General, Authority of

Social Contribution - Ma’an.

The Ma’an Social Incubator program is the first of

its kind in the region, with each of the ten teams

eligible to receive funding up to AED 200,000

released at every successful milestone the

participant reaches, as well as support for living

and housing expenses for non-residents of Abu

Dhabi.

The program aims to support and develop

innovative social concepts and start-up projects so

they may become social institutions or civil

facilities with an active role in helping people of

determination in facing challenges in their

communities, offering them solutions that improve

their quality of life and achieve their ambitions.

The Ma’an Social Incubator program also provides

the necessary and specialized support needed

58


for these projects to be sustainable, offering the

guidance and tools needed for growth, including

financial and moral support, as well as office space,

business expertise and access to possible investors.

Since launching the program in May earlier this

year, 130 ventures applied for the Ma’an Social

Incubator program from as far afield as Brazil,

Denmark, France, Nigeria and India.

Later in August, a shortlist of 25 nominated teams

were invited to pitch their solutions before a panel

who came together to decide on the final ten

winning teams.

The teams will have the opportunity to test their

social start-up ideas and gain an in-depth

understanding of the market, in addition to

attending a series of plenary workshops and

receiving mentor advice that will help them

develop their idea into a product or service, beginning

in September and continuing for 16 weeks.

Ma’an was established in February 2019 by the

Department of Community Development in Abu

Dhabi with the aim of bringing together the

government, the private sector and civil society to

support a culture of social contribution and

participation. The authority will deliver solutions

for social challenges with four main pillars of work

– a Social Investment Fund, a Social Incubator

Program, Community Engagement Programs and

the introduction of a new type of public

contracting, Social Impact Bonds.

Ma’an seeks to reinforce the culture of giving in

Abu Dhabi, and establish the volunteering needs

of the community, aiming to make us of the

currently available social volunteering

opportunities and initiatives, as well as

contribute by generating new opportunities.

Her Excellency Ms. Salama Al Ameemi, Director

General of Ma’an said: “We are absolutely

delighted with the incredibly innovative ten

solutions that have been awarded a place in the

Ma’an Social Incubator program, and are now fully

focused on helping the entrepreneurs to make their

dream become a reality.

“These social start-ups will contribute towards

establishing sustainable social solutions for

people of determination and raising their standard

of living in Abu Dhabi and the UAE in general,

with an ambition for global impact in the future.

This is a hugely important phase in our first

incubator program, and we are very much looking

forward to working with the committed and

passionate people leading each of the start-ups,

making their concepts and projects a reality.”

The program offers unique and valuable

networking opportunities for the teams to

build relationships with individuals outside of the

program, including investors, third sector leaders,

industry figures, and decision makers in specialized

fields regionally and internationally. Ma’an will also

host ‘demo days’ to present the concepts of the ten

winning team organised for review and evaluation,

as well as to leverage funding from investors.

The 10 successful start-ups are:

1. Accessible Ad: Platform for information,

expertise, training and support to ensure effective

accessibility for People of Determination in Abu

Dhabi

2. The Butterfly Foundation: Advocacy agency to

bring support and empowerment in the hands of

People of Determination in Abu Dhabi

3. The Camp: Inclusion-safe, seasonal, mobile

sleepover camps for Children of Determination in

the UAE

4. I Hear You: Mobile app that enables

communication from text to sign language and vice

versa

5. Inclusive: Online platform serving as an

umbrella for all things inclusion-related in the UAE

6. Key2Enable: Assistive technology empowering

People of Determination to use tablets, computers

and smartphones with adapted hardware and

accessories

7. Martha Edu: Educational smart cards and

mobile app to educate hearing impaired children

and parents on signing language

8. Ioptyc by Nexart: Solution for people with visual

impairment to navigate their surroundings through

the use of distance judging sensors & visual

recognition technology

9. RAB3I: Social venture offering People of

Determination an opportunity to attend

recreational activities with a (trained) ’buddy’ who

shares similar interests

10. Heroes of Hope: Social enterprise delivering

equal opportunities for People of Determination,

including recreational activities, work

opportunities, and sporting events

59


Cable management

Handling and management

of surface trailing cables

Surface mines using trailing cables should develop, implement and maintain a Trailing Cable

Management System. The trailing cable management systems should address, as a minimum,

selection criteria for trailing cables addressing application and intended use, and standards for

the operation of trailing cables.

Trailing cables carry large amounts

of electrical energy when supplying

surface mining equipment, including

pontoon pumps, draglines and shovels

at voltages from 415V to 22kV. That is

why there is need for raising awareness

of potential hazards from principally high

voltage trailing cables at surface mines. It is

vital to for mining companies to pay attention

to potential hazards, sources of cable damage

and recommended practices.

data)

• Wear to plugs and cable from chaffing

while being towed

• Water ingress into plugs from damaged

plug seals or plugs left unsupported on

the ground

• Poor repair standards with repairs

failing under service conditions

• Cable sheaths torn and punctured by

sharp objects such as rocks, cable

protection pipes, and dragline tub

hooks, with pin holes from sharp rocks

and redundant drag/hoist and dump

ropes allowing water and dirt ingress.

Potential Hazards

Machine operators have a higher potential of

injury from trailing cables as they are among

those most exposed to the cables while they

Recommendations

are energised. Potential hazards from surface

Surface mines using trailing cables should

trailing cables include:

develop, implement and maintain a Trailing

• Uncontrolled release of energy from

Cable Management System. The trailing

arcing caused by insulation failure, and

cable management systems should address,

explosion due to pressure rise inside

Exposed electrical conductors in cable after rock as a minimum, selection criteria for trailing

apparatus for example plugs, caused by impact

cables addressing application and intended

insulation failure. This could result in

use, and standards for the operation of trailing

severe burns or being hit by projectiles; Typical sources of cable damage

cables including:

serious and potentially fatal injuries. Typical sources of cable damage include:

• Regular inspection including in-situ

• Indirect contact with electricity, where Machinery damage

visual inspection by machine operators

a person receives an electric shock, not Machinery including dozers, cable tractors,

• Regular testing, maintenance of test

from direct contact with a live conductor, graders, light vehicles and lighting plants

records, defining life cycles for each

but by touching a part that is energised driving or being towed over cables

cable application and defining measures

under fault conditions, such as receiving Machinery striking cables e.g. grader

an electric shock after touching the

to monitor and measure life cycle

blades, trucks with bodies up crossing under

outer sheath of a cable - the shock due

criteria

bridges

to leakage current to the outer sheath Draglines set shoes down on cables and

• Route criteria including support

caused by insulation failure. Potential draglines/drills/shovels propel over cables.

measures where applicable, methods

outcomes include electric shock, burns Soft ground causes machine to sink and

and heights for crossings, identification

and death.

contact the cable

measures for cables, location of cables

• Direct contact with electricity, where a Cable tractor engagement tools catching in proximity to roadways, protection

person touches an energised conductor on cables

measures required where it is necessary

in the cable, such as a person contacting • Falling rocks from spoil piles, buckets to swing over the top of cables,

with the receptacles inside an energised swung over cables and flyrock strike construction of adequately sized rock

plug or touching a conductor inside and damage cables

drains and vehicle crossings

a damaged cable. Potential outcomes • Termite/borer damage

• Methods for relocating cables and

include electric shock, burns and death. • Excessive strain from pulling too much providing adequate equipment for the

• Fire, such as a damaged or faulty cable cable in one drag, towing excessive task, for example cable reelers and

catching fire, which subsequently cable loops and debris caught on relocators

spreads to other equipment or the cables. Over tensioning cables can

surroundings.

cause corkscrewing and damage earth Read more of this article ambriefonline.com

• Internal energy sources - biomechanical conductors

energy, such as excessive forces placed • Operating inside the minimum design Source: Mine Health and Safety Guidelines

on the body through manual tasks. bending radius will damage the cable from Queensland Mines Inspectorate,

Potential injuries include sprains, strains and reduce its service life, (check Australia, and adopted for African Mining

and permanent disablement.

manufacturers guidelines for specific Brief

52 January - February 2019


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ASIA PACIFIC NEWS

Hyundai Motorsport Set to Go Electric

Hyundai Motorsport has begun work on an electric race car, heralding a

new era of motorsport for the company

Hyundai Motorsport has begun work on its first

ever electric race car in an exciting new project that

will herald a new motorsport era for the company.

The car, which has been designed and built at

Hyundai Motorsport’s headquarters in Alzenau,

Germany, will break cover for the first time on

September 10, the media day of the International

Motor Show (IAA) in Frankfurt.

The move to electric continues the growth of Hyundai

Motorsport, which has become well established

in rallying and circuit racing since its inception in

2012. The multiple rally-winning WRC team, now

in its sixth season, is currently leading a closely

fought Manufacturers’ Championship.

The company also boasts a successful Customer

Racing division, established in September 2015,

which has developed the competitive i20 R5, i30 N

62


TCR and Veloster N TCR cars that have between

them claimed victories and championships in motorsport

series around the world.

The first glimpses of the new car can be seen in

videos published on Hyundai Motorsport’s Social

Media channels, offering a hint of what is to come

at the official reveal next month.

Mirroring the move towards hybrid technology and

electrification in the automotive industry, motorsport

has also ventured into new territory in recent

years with the introduction of electric and hybrid

series and regulations. This exciting new chapter

promises to showcase Hyundai’s high-performance

capabilities, its green technology credentials and its

unwavering passion for motorsport.

“A new era is dawning at Hyundai Motorsport. For

many months, our team in Alzenau has been working

hard on an exciting electric vehicle and soon we

will be able to share the fruits of these labours,” Andrea

Adamo, Team Director said. “It promises to be

a new chapter for our company, a natural extension

to our motorsport activities, one that links closely

to the current trends and innovations in the wider

automotive industry.

63


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ASIA PACIFIC NEWS

12V Waterproof

Actuator

One of the distinctive advantages of the

waterproof linear actuators is

undoubtedly their simple design

increases the resistance of the product to

disadvantageous factors.

Waterproof electric linear actuators of

Progressive Automations manufacturer can be

used for the various types of sea works. This

can be a shipbuilding industry where this

technology may come in handy for the

construction of automated boat hatches that of

military submarines where they can be

responsible for the pressure control which is

essential for the submarines’ operability. There

are three basic types of water protection:

• IP54 – provides protection against water

splashes penetration from all sides;

• IP65 – prevents the penetration of water flows

inside the case at any possible angle;

• IP67 – with such protection the device is

capable to function when fully submerged

under the water.

Electric linear actuators are the

mechanisms, the core task of which is

the transfer of force from the control

device to the executive one. Linear

actuators vary in the way they transfer their

energy. At the same time, the object controlled

can be driven by a rotational or linear motion

action.

One of the distinctive advantages of the

waterproof linear actuators is undoubtedly

their simple design. Due to this, actuators

have an impressively long-lasting life service,

in addition, they do not require regular

maintenance and are unpretentious to the

conditions. Simple execution allows using

devices even in unfavorable climatic

conditions. Depending on the manufacturer,

models may have additional protection that

For example, PA-06 linear actuator model of

Progressive Automations has the IP67 water

protection meaning that this device is really

capable to function even when fully submerged

into the water and even when being at a

significant depth. The minimum technical

specifications of such waterproof electric linear

actuator are the following: stroke – 2 inches,

force – 22 Ibs, speed – 1.38 inches/sec,

whereas the maximum technical specifications

are like this: stroke – 24 inches, force – 180 Ibs,

speed – 0.47 inches/sec.

Customers can choose technical specifications

so that they could adjust their waterproof

linear actuators according to the needs of

performance wanted. The PA-06 electric linear

actuator of Progressive Automations is capable

of working under the harshest conditions and

withstand water, and other potentially unwanted

liquids, however for short periods of time.

This high-rated quality makes this kind of

electric linear actuators to be the most popular

choice for marine engineering. Such actuators

66


are capable to work within -20 to +60 °C

temperature window. The warranty covering

this electric actuator lasts for 18 months since

the purchase. This linear actuator is mounted

with the help of BRK-06 mounting brackets that

make the installation process extremely easy.

Furthermore, this kind of electric actuators is

compatible with a whole range of control

systems and control boxes transforming the

operation process into a pleasure. Control

boxes allow installing electric linear actuators

of high water protection merely everywhere if

dimensions are suitable for their installation.

Actuators of Progressive Automations all-thetime

provide the most effective performance

while at the same time they are always

reliable. These actuators can easily undergo

the most terrific weather conditions and prove

themselves to be the best solution where other

alike technologies feel themselves

uncomfortable and present poor performance.

During long-lasting periods of work under

heavy workloads such actuators of Progressive

Automations show the highest resistance

towards harsh environment conditions. Such

type of electric linear actuators can be easily

adjusted for various types of work more or less

associated with serious humidity and marine

implementation. Preferring the waterproof

actuators of Progressive Automations

customers make their investment into the

qualitative and long-lasting technology that

will fully justify their expectations.

67


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up to date as possible, and that

means being aware of the latest

70

threats and how to protect your

business from them.

Team Awareness

The weakest point of any defence

strategy is always going to be

people. That’s why you need to

ensure that you develop a strong

culture of security within your

business. Enforcing a solid and

robust security process is vital if

you want to keep your

customers, staff, and business

safe. Make sure that your team is

aware of:

• Your defense architecture

• Security protocols

• Basic security standards

Keep these measures updated,

and you will be better able to

protect yourself from threat.

Updated Software and Hardware

Hackers are always looking for

an exploitable weakness that

they can make use of. That’s why

you need to keep your software

and hardware updated as much

as possible. Those updates are

generally designed to deal with

specific new threats, so failing to

update means that you are

exposed to unnecessary risk.

Endpoint management is being

used by more companies than

ever, as it allows for faster

recognition of threats from a

zero-day standpoint.

Cost-effective and automated

endpoint management using

recognized tools like McAfee can

go a long way to keeping your

business safer.


Protecting Code

Open source code is fast

becoming a necessity. This is

because demands on developers

are too fast for software

development to keep up with.

Unfortunately, open-source code

comes with a variety of

challenges in terms of both

security and compliance. If your

business makes use of open

source code, then you need to

make certain that you have the

available resources and

manpower needed to review that

code for bugs, licensing issues,

and security risks. Failing to do

so means exposing yourself to the

potential harm caused by

allowing malicious actors into

your software.

Network Monitoring

All of the data that your company

processes needs to be stringently

monitored at all times. It is only

through regular monitoring that

you will be able to identify the

procedures and patterns of safe

behavior. This monitoring can be

automated with a Security

Information and Event

management system, but the

human element of this

monitoring should not be

overlooked. Privilege

management in terms of access to

data is a key element of network

monitoring, so segmentation of

those privileges is not just an

option to consider but a vital

necessity in the digital age.

There are just as many ways to

protect a business as there are

to cause it harm. This means

ensuring that your security

processes are as tight as possible

and get ongoing evaluations.

When hackers take advantage of

both technological and human

weaknesses to gain access to the

inner workings of a business, the

consequences can be devastating.

71


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Manitoba Oil & Gas Review 2018 7


FEATURE STORY

Food for Thought: These Foods Will Keep You

More Focused and Alert at Work

The average workday doesn’t just start at 8 and end at 5. It starts long

before that with waking up, getting ready, getting out the door,

commuting and then it ends in reverse. Staying sharp and focused

can be a real struggle for many people, especially engineers. In this

article, we’ll show you how to keep your edge all day long no matter

what profession you’re in.

Start the Day off Right

This does not mean the sugar-laden coffee drinks or the donut cart

at the office. It means high protein and nutrient-loaded. Even if you

have to grab-and-go something, make it something real and not

processed. Eggs, even hard-boiled, are a fast, portable way to get

charged without an eventual crash. Pre-packaged portions of cheese

are great, too! Keep them in the fridge and grab a few before you

head out. Keep some bottled water in there to avoid that detour to the

coffee joint. Your brain will thank you later!

74


Mid-Morning Munchies

They’re a real thing, aren’t they? Control the urge to reach for yet

another cup of coffee and the box of Danish in the breakroom. Keep

some nuts or trail mix or some power bars and re-fuel! This is a good

time to indulge in some healthy fats like avocados or cheese as well!

Lunch is Not Dinner

Whether or not your job requires you to be a desk jockey or a real

jockey, lunch isn’t an all-you-can-eat at the trough event. Work

potlucks and birthday celebrations can be fun, but they are often

heavy on conveniences like chips and dip and greasy,

carbohydrate-laden casseroles. Not to mention every kind of

cookie and that overly frosted birthday cake. Just remind yourself

that getting seconds (or thirds) will leave you hibernating under your

desk before you know it!

Bring your own food, opting for proteins like chicken, tuna, or even

last night’s leftover grilled salmon. Cooking at home using appliances

like an electric grill helps to curb the bad fats in your meal and they

also taste pretty great too!

If you can, sneak away and take a walk outside. Regardless of the

weather, a brisk walk to get some fresh air in your lungs can power

you through the day!

The Dreaded Slump

Here you are at 3 PM with two hours to go and everything on your

desk reads like a foreign language. Resist the temptation to spike your

75


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blood sugar with candy bars and soda and take this

opportunity to breathe deeply, stretch, take a quick

stroll if you can. If that doesn’t perk you up, grab

the kinds of snacks that will keep you alert

without the inevitable crash of processed foods and

beverages. Cubes of cheese and salami, celery or

apples with peanut butter, raw carrots or other veggies,

or a handful of berries will keep the Munchie

Monster away until your great escape at workday’s

end.

However, if you must treat yourself, a small

microwave bag of popcorn will do in a pinch. So

will a few squares of dark chocolate (70 to 85%

cocoa). In fact, studies prove that not only does

high-quality dark chocolate do wonders for your

brain, but dark chocolate has been proven to

improve memory and cognitive skills. It’s a

win-win, not only for your focus but your attitude –

which your coworkers will appreciate!

78


To Sum Up

Regardless of your career ‘lifestyle’, it’s important

to be mindful of what you are eating and drinking

throughout the workday. Whether you sit at a desk

or behind the wheel, work can be stressful.

Coworkers can be stressful. But fueling your body

with the right foods can keep you performing like

the Rockstar your boss thinks you are!

79


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