Page 327 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

4/24/25, 2:08 PM Welligence to Partner with UAE’s NextGen FDI Initiative to Provide Cutting-Edge Data to Energy Sector - Middle East Business Ne…
Welligence to Partner with UAE’s

NextGen FDI Initiative to Provide

Cutting-Edge Data to Energy Sector

April 24, 2025 16

Welligence is a leading data analytics provider for energy firms, that promotes the energy

transition in the oil and gas sector using advanced data science.

HE Al Zeyoudi: “Welligence will strengthen the UAE’s innovative energy sector and

contribute to the digital transformation of this space, cementing our position as a global
leader in the technology and energy spaces. Their presence will contribute to accelerating
the digital transformation in the energy sector.”

Ross Lubetkin: “We are delighted to open our regional hub in the UAE and beyond grateful
for the country’s support.”

Abu Dhabi, UAE: The Ministry of Economy has announced that Welligence, a US-based data

analytics provider for the energy sector, has joined its NextGen FDI initiative in a move that will
strengthen its’ presence in the region and will now establish an office in Abu Dhabi for its sales,

research, and consulting teams. The US-based software company will also examine the
potential to build out a tech team in the UAE, underlining the NextGen FDI initiative’s role in

supporting the development of future-focused industries.

Advertise here.

Founded in 2017, Welligence aims to provide innovative solutions accelerated by AI, by
efficiently screening and identifying opportunities, benchmarking competitors’ portfolios,

evaluating economic impacts of GHG emissions, and building credible commercial asset
valuations. Their platform provides granular information on energy projects in 193

countries. Welligence has offices in 10 cities around the world and the UAE represents its first
foray into the Middle East.

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