Innovative Energy Solutions
The Gulf region is one of the main sources of non-renewable energy. Scandinavian technological expertise, tools as well as equipment represent important contributions in drilling and maintenance services and as a supplier of products, systems and specialized equipment to the oil and gas industry.Simultaneously, renewable energy is becoming an increasingly important replacement for conventional fuels in four distinct areas: electricity generation, hot water/space heating, motor fuels, and rural (off-grid) energy services. Driven by an energy-hungry population and fluctuating oil prices, countries in the Gulf and Middle east- region are investing in various green energy options, where the main focus is on solar energy. The Middle East could see more than $50 billion investment in its solar power sector (MESIA).