Dubai, United Arab Emirates - After the moderate recovery in the global oil and gas drilling sector last year, this year will see further growth with offshore drilling to outpace the overall global drilling market. While total global drilling activity—excluding the U.S.—is set to rise by 2.5 percent this year, offshore drilling is forecasted to grow by over 6 percent to 2,204 wells.
Global drilling activity, excluding the US, will see 46,209 wells drilled in 2019. According to analysts at World Oil Forecast, the most active offshore drilling areas will include East Canada, Brazil, Norway, Angola, Nigeria, Saudi Arabia, Abu Dhabi, China, and India.
The first International Offshore Development Congress (IODC 2019) to be held in Abu Dhabi on 28-29 April 2019 will discuss various topics including future of offshore oil and gas in light of the current economic situation, supply and demand fluctuation, oil price volatility, operational pressures, investment challenges, environmental stewardship, and the role of renewables in the energy mix.
The Congress will bring together key industry stakeholders including NOC’s, IOC’s as well as all other stakeholders relevant to the Oil and Gas offshore development. H.E. Khamis Juma Buamim, Chairman of Arab Association of Petroleum professionals (AAPP) and the DCMMI Emirates will open IODC 2019. He will also chair the Congress.
Key presentations, panel discussions, special sessions and technical sessions at the congress will address a broad range of topics, with a special focus on current and new technology, human assets, and operational efficiency.
Organised by Arab Association of Petroleum Professionals (AAPP) and Maarefah Energy, the event is supported by World Ocean Council, DCMMI Emirates, ROPME, PERSGA, MEMAC and Oil & Gas Safety Council. Industry leaders such as Baker Hughes, National Marine Dredging Company, Schlumberger, Mubarak Marine, Weatherford, Wartsila, Bureau Veritas and Emirates Maritime Arbitration Centre will sponsor the event.
About Maarefah Management:
Maarefah Management is a world-class events, training and association management company that works closely with government institutions, industry bodies, and professional associations to help individual’s career development in order to grow and sustain successful businesses. Through four main divisions, Maarefah offers comprehensive professional services ranging from events management, leadership development training, market research and association administration across a number of industries. The company’s conferences and specialized training courses are developed by well experienced technical committees who create up-to-date scientific and technical programs tackling current and critical industry issues. Visit: www.maarefah-management.com
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Rajesh C. C
Maarefah Management DMCC
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© Press Release 2019