JULY 7, 2019
MUSCAT, OMAN
Recently Launched Annual Oman Petroleum & Energy Show to Cater to Oil and Gas Sector Needs
Muscat, Oman, 7 July 2019- Omanexpo’s long-standing oil and
gas event, one of the most important events in the Middle East for the sector, Oil
and Gas West Asia (OGWA), will now be part of a broader event to better align its
objectives with the continued growth and expansion of the oil and gas sector in the
Sultanate of Oman.
This comes in light of the government’s moves of late to integrate the power,
oil and gas sectors under the domain of the Ministry of Oil and Gas and on the back
of renewed optimism resulting from mounting global requirements, more buoyant global
oil prices, new reserve discoveries and concessions, intensified hydrocarbon, crude,
offshore oil and gas production and exploration activities, and increased local and
foreign investment.
The broader event, Oman Petroleum and Energy Show (OPES), integrates OGWA (now
on
its 12th edition), the SPE Conference at OPES, and the newly launched Gas &
LNG Show, Offshore & Marine Show and Stainless Steel World Middle East.
Ashley Roberts, portfolio director, Omanexpo, says, “We are excited about
the growth prospects in Oman’s oil and gas sector. Seeing the
government’s long-term development strategy allows us as organizers to
continue to play a crucial role in helping advance the industry, as events such
as OPES play a pivotal role in supporting the development.”
“We are equally grateful for the Ministry of Oil and Gas’ support to
our timely rebranding initiative and our decision to make OPES an annual show.
This milestone enables us to evolve our product and service offerings and stay
relevant to our customers and stakeholders,” he adds.
OPES will be the largest B2B event in the Sultanate of Oman, with more than 500
exhibitors occupying the entire venue, the Oman Convention & Exhibition
Centre. Country pavilions which include India, Iran, Italy, Korea, Qatar,
Russia, China, Turkey and United Kingdom pavilions are testimony to the
increased international interest that the Oman oil and gas sector commands.
Top names from the industry who have already signed up for the exhibition and
are
part of the sponsor roster are Petroleum Development Oman (PDO), Schlumberger,
BP, Oman LNG, Seven Seas Petroleum, ARA Petroleum and TMK, who will showcase the
best of their products, services and technology to over 12,000 trade visitors.
Adding sustained value to the event is the SPE EOR Conference, organized by
Society of Petroleum Engineers (SPE), which will highlight the advances in
enhanced oil recovery (EOR), LNG and gas developments, and offshore and marine
operations, technologies and activities.
According to MEED, about $51.1 billion of oil and gas projects are in the
pipeline and underway in Oman, of which contracts worth about $20.8 billion are
scheduled to be awarded from now until 2021. Despite the government’s
plans to diversify from oil, Oman remains bullish over the industry’s
continued growth.
OPES is happening from March 9 to 11, 2020 at the Oman Convention &
Exhibition Centre and is organized under the auspices of the Ministry of Oil and
Gas.