Sponsored by five of the world's major technology companies and organized by Dubai- based World Development Forum, the meetings of the Middle East Summit for information and communication technology in oil and gas sector (OT Summit) are to start tomorrow in Dubai.
The Sponsoring quinary includes Microsoft, Oracle, Cisco, Huawie and Juniper.
This first and unprecedented summit wins momentous significance arising from the assured characteristic attendance of a galaxy of the pioneering oil and industrial companies throughout the Arab and Gulf Cooperation Council States. ARAMCO, ADNOC, SABIK, ADNOC, Kuwait Oil Company, Qatar Petroleum, Dana Gas are amongst the leading participating companies from (GCC) and Arab countries. Other companies from Saudi Arabia, Kuwait, Qatar, Oman, Egypt, Algeria, Libya and UAE the hosing country are involved in the Summit activities.
At a Middle East level, the summit is expected to be an exhaustive platform gathering the Arab region decision makers and top level principles concerned with petroleum issues and the related industries. Meanwhile, major pioneering technology companies will be represented to browse the latest proposed applications and strategies in the field.
"The latest programming techniques played a vital part in supporting the oil and gas sector to face the challenges of the increasing global demands on energy. Moreover, technology has brought forward several unique solutions for crucial functions in oil and gas sectors- solutions that deal with the processes of excavation, design, and execution. The vital technological contributions to the fields of analysis, business intelligence, and communications will undoubtedly be covered in this summit," said Omar Saleh, Director of Oil and Gas Sector in Middle East and Africa Microsoft in his comment regarding the unlimited potentials with which information and communications technology provides this sector.
Saleh also referred to Performance Peak Initiative which is dedicated to the companies working in oil and gas sector by Microsoft. This initiative provides technological solutions concerning the treatment of the five major priorities for the establishments working in this field. The first of these priorities is enhancing the capability of production in all its various aspects; drilling, excavation, refining and petrochemicals, safety and security, environment protection and management of supply and distribution processes. Energy sector has to fully utilize and exploit these advancements in technology to meet the increasing demands efficiently. Ross Philo, Director of Global energy sector, Cisco.
Modern Technology is able to recognize a qualitative shift in meeting the increasing world demand on hydrocarbons by changing the work system of oil and gas system radically. In other words, changing the processes of looking for crude oil and the progression of production, refining, transport and distribution stages are to be technologically changed.
Philo also adds that major oil companies found out that it's significantly important to use the networks as communication and integration platforms. In addition it's of great importance also to provide the processing operations and final product with distinctive services including the ability of sharing information and experiences between fields of oil production and management centers, connecting the staff through different means of communication (Audio, video and interactive data).
To meet the global demand for hydrocarbons, modern technology can dramatically transform the way oil and gas are discovered, produced, processed, transported and distributed. Leading companies have discovered ways to use the network as the platform to connect, collaborate, and compete and deliver tremendous benefits to their operations, their employees, and their bottom line.
"The rapid advancement in technology has led to promoting industrial technological applications. Micro-Electro-Mechanical Systems (MEMS) is an enabling technology allowing the development of smart products, augmenting the computational ability of microelectronics with the perception and control capabilities of micro- sensors and micro-actuators and expanding the space of possible designs and applications. These sensors and actuators are becoming the key elements of industrial applications. The other technology which is boosting the businesses and industries is the mobile technology which is accelerating to fully utilize the 3G services (Audio + data + video multimedia) and will start to implement 4G (all IP based: Audio + data + video mobile multimedia.) The wireless broadband war is to the extreme; WiFi (IEEE 802.11a/b/g) is available and can run up to the rate of 54Mbps but the mobility is limited. On the other hand, WiMax (IEEE 802.16 and 802.16e) is entering the battlefield to increase the maximum cell range of 2-5Km, provide mobility and fulfill high rate and QOS. Energy sector has to fully utilize and exploit these advancements in technology to meet the increasing demands efficiently. Ross Philo, Director of Global energy sector, Cisco." said Dr. Eesa Bastaki Chairman, Institute of Electrical & Electronics Engineers (IEEE), UAE Section & Director, Education & Technology Dubai Silicon Oasis Authority.
Khalid Eed, Executive Director of World Development Forum (the Summit organizer) asserted that the aim of organizing such a summit is shedding light on the important relation between information technology and oil& gas sector. Discussing some of urgent issues and challenges facing oil and gas industry in the Arab region is another aim of importance along with considering practical experiences from different regions of the world. He stressed also that dependence of oil and gas industry on technology is not a mere act of luxury, however it's the very method of recognizing the expected targets in our era.
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© Press Release 2007
