Product category:
Exhibitions on processing and instrumentation
News Release from: Reed Exhibitions (UK) | Subject: SPE Indian Oil and Gas
Edited by the Processingtalk Editorial
Team on 07 December 2007
Major players are focusing on Indian Oil
and Gas
Indian prominence as one of the world's key emerging energy markets is drawing many of the leading upstream players to participate in the only truly technical conference and exhibition in the region
The inaugural 2008 SPE Indian Oil and Gas event will be attended by many of the E+P sector foremost individuals and companies from both within India and around the world, all keen to play their part in the future of a country that boasts the world's largest gas reserves and the eight largest proven oil reserves Key companies already confirmed to participate include the state-owned major Oil and Natural Gas Corp of India, (ONGC), the country's largest privately-owned oil operator Reliance Industries, and the Hindustan Petroleum Corp., as well as the Directorate General of Hydrocarbons
This article was originally published on Processingtalk on 23 Aug 2007 at 8.00am (UK)
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The launch event will be held in Mumbai from 4-6 March 2008, with the biennial show being organised by the long-established partnership between the Society of Petroleum Engineers (SPE) and Reed Exhibitions, who already work together on other established oil and gas events including Offshore Europe in Aberdeen, Intelligent Energy in Amsterdam, and Russian Oil and Gas in Moscow.
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Mr N K Mitra, Director (Offshore) of ONGC, is Chairman of the Technical Programme Committee, which has lined up a series of presentations under the overall theme 'The Changing Landscape: Emerging Opportunities in the Indian E+P Industry'.
Mr Mitra commented: "The programme includes an outstanding Plenary Session analysing and discussing emerging opportunities for India within the E+P sector, as well as technical sessions focusing on Brownfield Development, Reservoir Management, Drilling, Deepwater Exploration and Production, IOR/EOR, HSE, HR/Training and Non-Conventional Resources.
These will all address the technology challenges now facing the Indian oil and gas industry and explore the technological advances needed to meet the increasing demands for energy in India".
A Call for Papers issued in July has been extremely successful, with the conference programme soon to be available for viewing on the event website.
Lesley-Ann Sandbach, on behalf of joint organisers Reed Exhibitions, added: "The unique technical quality and content of this conference and exhibition will provide a superb environment for senior executives, engineers and industry professionals to debate and invest in technology transfer and solutions.
The opportunity for knowledge exchange and group networking will bring national and international E+P companies focused on the Indian market to one place at one time in Mumbai".
The event will be held at the Mumbai Bandra Kurla Complex, MMRDA Ground.
India is the fourth largest economy in the world and the third largest consumer in Asia but currently imports the vast majority of its oil and gas.
Its policy to increase domestic reserves and production through initiatives such as its NELP licensing rounds has already started to pay off, with some of the world's largest ever offshore gas finds made in the deepwaters off the east coast, with other major resources found onshore Rajasthan.
However the country remains a true land of opportunity as one of the least explored regions in the world, with a well density of 20 per 100 sq.km.
Of the 26 sedimentary basins, only 8 have been explored so far.
The country's predicted hydrocarbon resources are currently put at between 29-33 billion tonnes of oil equivalent, of which 10 BTOE are onshore, 12 BTOE offshore and 7 BTOE in deepwater.
However, analysts believe that more than 81% of the Indian hydrocarbon potential still remains to be explored.
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