MENA Drilling Technology Forum
Posted: 21 April 2008
Oil production is continuing at a fast pace. Demand for oil is expected to increase to 87m bpd in 2008, and upstream projects worth $135bn expected will be underway over the next 4-5 years.
Is the sector equipped to meet the need of producing oil and gas more efficiently and cheaply?
"Shortage of manpower, equipment and raw materials lead to spiraling costs, thus pressurizing companies to increase production as well as efficiency," said Shefiu Ismael, Conference Producer at Fleming GulF.
This in turn makes it imperative to choose the right kind of technology appropriate for each company.”
The general focus would be towards streamlining operational efficiencies - achieving more with what is currently available. With these unique challenges amidst mounting drilling activities that the region faces, operators and contractors will continue to face complex financial, technical and human challenges.
Safety is another concern in the oil & gas industry. Particularly in the drilling sector with majority of the workforce in direct contact with equipment.
Bringing together over 80 delegates from the Middle Eastern and North African Regions, the MENA Drilling Technology Forum, scheduled 1st – 4th June 2008 in Doha, Qatar addresses these key issues, with a highly focused program that will be finely crafted in support of our distinguished panel of advisors who are expert leaders in drilling operations.
Various opportunities would present itself to discuss technologies to improve overall performance and productivity leading unlocking more reserves; assess latest service company solutions and arrive at the best fit for current operations; address supply chain discrepancies and learn how to overcome slipping deadlines; pinpoint manpower requirements and optimize drilling while maintaining the highest safety requirements amidst increased drilling activity.
This event will assemble operators and contractors from the MENA Region to share new technologies, efficient methods and case studies specific to the region.
The need to meet operational targets, reduce costs, address the skill shortage, direct safety initiatives as well as arrive at ground breaking technology, particularly in the delivery of wells - all discussed at this event.
With sponsors like Schlumberger and BST it makes this conference an event which cannot be missed as it would be a platform to meet, mingle, network and interact with peers from the industry.
For more information see Mena Drilling Technology Forum
Posted by Richard Price, Editor, EnergyME.com
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