Firm's investments 'gain' for whole region

MANAMA: Baker Hughes is investing locally in sustainable energy and digital technologies to accelerate the adoption and deployment of new fuel sources and emission solutions to decarbonise energy, regional Vice-President Zaher Ibrahim tells OGN.

The comapany has pledged committment to supporting localisations initiatives across the region, including in countries like the UAE, Saudi Arabia, Qatar and Oman.

'These countries have strong programmes with clear goals that we help support through local manufacturing, supply chain and ecosystem development, knowledge transfer, capability building, and job creation,' Ibrahim says.

He sees energy transition and digital adoption as two key trends across the region. These trends are in response to the changing market dynamics and environmental needs.

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GCC 'needs to accelerate decarbonisation'

MANAMA: The GCC can accelerate its transition to a more reliable, affordable, and sustainable energy future through the strategic deployment of renewables and gas power, while transitioning away from liquid fuels, says a newly published white paper by GE, called ‘Pathways to Faster Decarbonization in the GCC’s Power Sector’.

According to Joseph Anis, President and CEO of GE Gas Power Europe, Middle East, and Africa: 'The challenge we face today is not quite as straightforward as simply providing lower carbon power. We need to solve for the energy trilemma of supplying more reliable, affordable, and sustainable power, in the context of increasing demand for electricity.'

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