[CAT® OIL & GAS] The View from the Middle East: The Oil & Gas Industry Today and Tomorrow
The Middle East has long been the oil and gas industry’s hub, accounting for one third of the world’s oil production and nearly half of global known oil reserves. Oil and gas is integral to the region’s economy, with oil and gas exports making up as much as 80% of some countries’ GDP. How are pressure for decarbonization, increasing demand for energy and current supply chain shortages affecting oil and gas operations in the Middle East? What are national oil companies doing today to prepare for the future? And what our Caterpillar’s plans to support these efforts? Tune in to this episode of the Cat® Power Podcast to get answers from our territory manager in the Middle East. You’ll also get a high-level look at the hot topics covered at this year’s ADIPEC.