According to GBI research, the global offshore oil and gas industry is expected to continue to increase in the coming years. Global offshore crude oil production was 9,349 million barrels and global offshore natural gas production was 26,807 bcf in 2008. With a positive outlook and the continuing trend for the offshore industry, the global offshore crude oil production is expected to increase to 9,852 million barrels by 2015. On the other hand, the global offshore natural gas production is expected to increase to 27,045 bcf by 2011.
US energy information administration from oil and gas sector announced that Middle East has more than half of the world total reserve oil. Further to that, offshore production in Middle East will rise to about 9 percent of total output by 2015 from 7.7 percent, in Africa offshore will rise to almost 5 percent from 4.25 percent and in Latin America, offshore will increase to around 3.8 percent of output from about 3 percent.
Abdul Aziz Salah Eldin, Former Operations and Asset Integrity Advisor for Hudson Technology, Ottawa-Canada said:
" The business objectives of Offshore Facility Integrity Management are to maximize the economic value of the company by optimally design, maintain, operate and decommission facilities to high and consistent standards while protecting the health, safety and the environment."
Abdul Aziz added: "Integrity Management is also a key tool to address the life extension requirements of ageing structures, pipelines, process facilities and subsurface equipment."
The Offshore Facility Integrity Management Conference intended to take place in Doha, Qatar 18th & 19th September 2011 through the contribution of speakers. The conference is aimed to share and communicate leading operators experience and success stories in the development of the process, methodology and implementation schemes in their operations.
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© Press Release 2011
