Under the patronage of
Muscat, Oman, 29 September 2019- State-owned national oil company Qatar Petroleum recently signed up with leading exhibitions and conferences organizer Omanexpo to participate in Oman Petroleum and Energy Show (OPES), the newly launched broader event, which integrates the long-established Oil & Gas West Asia (OGWA), the SPE Conference, Gas & LNG Show, Offshore & Marine Show and Stainless Steel World Middle East.
Qatar Petroleum, recognized as the third largest oil company in the world by oil and gas reserves in 2018, is participating in this landmark event for the sixth time, having made its maiden entry into the Oman market in 2008. Its participation in OPES reflects its aims to expand upstream footprint across the globe, create a large-scale value-adding international portfolio, and reinforce Qatar’s LNG and global gas position in the LNG arena.
Ashley Roberts, portfolio director, Omanexpo, says, "We are pleased to welcome Qatar Petroleum to OPES at a propitious time in Oman due to the increasingly lucrative gas market and growing LNG demand worldwide. Along with this, Qatar Petroleum plays a valuable role in bringing its technical experience and expertise and helping to strengthen regional technical capability and capacity."
Qatar Petroleum has signed an agreement in 2017 to acquire a 30 per cent share in the contractor’s interest under the exploration and production sharing agreement (EPSA) for Oman’s offshore Block 52, which covers a total area of over 90,000 square kilometres. This will be operated by Italian energy company Eni. Oman Oil Company Exploration and Production (OOCEP), the upstream investment arm of recently merged Oman Oil Company and Orpic Group, owns 15 per cent participating interest.
The Oman-Qatar Joint Committee session in June of this year, which centered on aspects of cooperation, particularly on investment projects, underlines the strong economic relations between the two countries. According to statistics, there was a 56 per cent increase in trade exchange during the first quarter of 2019 to QR2.1 billion compared to QR1.3 billion in 2018.
OPES anticipates higher numbers in the 2020 edition, with more than 500 exhibitors occupying the entire venue, the Oman Convention & Exhibition Centre. 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, Shell, ARA Petroleum and TMK, who will showcase the best of their products, services and technology to over 12,000 trade visitors.
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.
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.
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Al Gharibi graduated as a chemical engineer from the Technical University of Dortmund, Germany. He started his career as a process engineer and since 2012, he has been working at CCED as drilling engineer.