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Catering to Oman’s oil and gas needs
Catering to Oman’s oil & gas needs
The rebranded Oman Petroleum & Energy Show (OPES) takes place from 9-11 March at the Oman Convention & Exhibition Centre, under the auspices of the Ministry of Oil and Gas.
OMANEXPO’S LONG-STANDING OIL and gas event, Oil and Gas West Asia (OGWA), will now be part of this 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 offshore oil and gas production and exploration activities, and increased local and foreign investment.
The new 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 organisers 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 and country pavilions representing India, Iran, Italy, Korea, Qatar, Russia, China, Turkey and United Kingdom.
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,
OPES is expected to attract more than 12,000 visitors.
Oman LNG, Seven Seas Petroleum, ARA Petroleum and TMK, who will showcase the best of their products, services and technology to more than 12,000 trade visitors. Adding sustained value to the event is the SPE EOR Conference, organised by the 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.
“The 2020 conference will expand to include other focus areas in Oman and the region, such as IOR, gas and LNG as well as offshore and marine, thus providing ample
opportunities to share experiences, explore new technologies, and test innovative methodologies,” says Salman Mohammed AlShidi, conference chairperson and director general of Management of Petroleum Investments, Ministry of Oil and Gas, Sultanate of Oman.
According to MEED, around US$51.1bn of oil and gas projects are in the pipeline and underway in Oman, of which contracts worth around US$20.8bn are scheduled to be awarded from now until 2021. Although hydrocarbon activity still attracts the lion’s share of domestic and foreign investment, more efforts are being made to expand the downstream capacity, heightened use of enhanced oil recovery (EOR) techniques and venturing into natural gas. Despite the government’s plans to diversify from oil, Oman remains bullish over the industry’s continued growth. n
