Q&A You were appointed to your new position last year. Can you tell us about your new role? Honeywell recently made the decision to place more focus and emphasis on the Russian, Central Asia, and Middle Eastern markets. In order to do this, we wanted to employ a similar strategy to what we did in China 6 years ago—putting in place a leader who would be able to integrate all of our businesses and help with positioning Honey well with customers and partners in these markets. What are Honeywell’s recent offerings for the oil and gas industry? Honeywell and its various subsidiaries offer a variety of products and solutions. UOP, a Honeywell subsidiary, recently acquired the US company Thomas Russell. This acquisition allows us to offer solutions to enable companies to deploy modular-packaged equipment units to remove gas contaminants and capture higher valued natural gas liquids such as liquefied petroleum gas (LPG). This is very interesting technology for stranded gas or gas that is in dispersed reservoirs such as shale gas and shale oil, which can be challenging to monetize otherwise. UOP also recently launched a new heavy oil technology for upgrading residue and the UOP methanol-to-olefins technology is seeing a lot of demand in areas with methane, particularly in places such as China. Overall, UOP continues to have technologies for gas processing, including membranes to remove CO2 and other contaminants. On the automation advancement side, process solution developers such as Honeywell Process Solutions, in collaboration with oil companies, have made significant efforts to develop oil fields of the future, or smart fields. This will allow companies to be able to gather data from different wells and resources, allowing for more efficient management. For example, our software platform sits above the plant level and connects the plant through the enterprise resource planning system, allowing for safer operations and lower costs. It can also help the operator work smarter and more effectively. Do you think that the recent shale revolution in the US will affect the Middle East? I think it has already had an effect in the Middle East through its impact on the US market. Five years ago, several major US downstream players were in the process of backing down on production facilities in the US and were considering joint ventures and partnerships to build facilities in the Middle East or China. What is happening as a result of the shift toward shale is that several of these players have revived their operations the US, not just restarting their facilities, but also building new facilities.