The first Basra Oil & Gas Conference held last year was such a tremendous success that event organisers, Expotim International Fair Org, are organising a second Basra Oil & Gas event which will be held from 25 - 28 November 2011.
The organisers are also holding two other oil and gas events in Iraq this year to meet growing interest in the country's oil and gas sector. The first event will be the Baghdad Oil & Gas show will be held on 02-05 October 2011 and the other event will be Erbil Oil & Gas which will be held on 16-19 December 2011.
Oil Review Middle East will be the official media sponsor at the Basra Oil & Gas 2011 show. The event organisers are running a special discount campaign, 15 per cent off early bookings, until the end of February 2011
Iraq, home to the world's fifth-biggest oil reserves, has been seeking investment and expertise to help boost the country's oil and gas exports and reserves. The country has an estimated 143 billion barrels of crude oil.
At the start of 2011 Iraq's oil production reached a new peak in over 20 years with oil output standing at 2.7mn bpd up from 2.4mn bpd last year.
This improvement is seen as a result of improved efforts by the country's oil ministry and investments by IOCs like Shell, Europe's largest oil company, to finally start developing Iraq's massive oil fields.