PennWell Corporation has announced the launch of Offshore Middle East 2013 at a conference in Qatar
More than fifty speakers from close to 20 countries and companies including Qatar Petroleum, ExxonMobil, Gulf Drilling, Maersk Oil, Qatar Shell, Total E&P, Al Khafji Joint Operations and Al Nasr Holding Co will take part in the event.
The region's oil and gas industry received significant investments from firms who want to increase their acreage at sea in an effort to meet growing global demands, stated in the announcement.
The GCC is forecasted to award more than US$50bn worth of contracts in the oil, gas and petrochemical projects market in 2013.
Over the next two years, some of the major projects already awarded include contracts on Saudi Aramco's Jizan refinery, major work offshore Abu Dhabi, and new world-scale petrochemical complexes in Qatar.
Some of the most important challenges facing the offshore oil and gas industry relate to accessing modern technology and securing the necessary capital to cover the large investments required for exploration, development and production projects.
The event will commence on Monday 21 January and feature speakers such as HE Dr Mohammad bin Saleh Al-Sada, minister of energy and industry and managing director, Qatar Petroleum operations manager of offshore fields, Mubarak Al-Hajri, and David Paganie, director of Offshore Conferences at PennWell Corporation.
Topics up for discussion will include well construction and drilling operation, field development - asset integrit, reservoir monitoring and controlasset integrity LNG/Gas operations - pipelines/flow assurance, HSE and risk management, geophysics and HR/training.
Paganie said, "We are delighted to be returning to Qatar with a conference programme that features some of the industry's most distinguished speakers and companies. With offshore spend predicted to equal onshore investment by 2014, the future looks bright for the offshore oil & gas industry and the event serves as an ideal platform for regional and international businesses to come together to share ideas and expand business interests in the Middle East."
To tap young talents, inaugural student paper programme sponsored by Shell will be featured to encourage engineering talent and student development in regional universities and allow them to meet with technical experts in their fields of study.