Set against a backdrop of ongoing refining and petrochemical expansion projects in the region, the exhibition and conference has attracted highly respected individuals and companies from around the world, united in a common drive to exchange knowledge, transfer technology and seize business opportunities.
“In order to continue to benefit from previous high oil prices, GCC countries are currently focussed on expanding output by adding various new products to their offerings. As a result, greater emphasis is being placed on investing in the downstream oil and gas sector both at home and abroad. According to Global Investment House, there are 147 upcoming projects in Saudi Arabia alone, worth an estimated $215 billion, with the main bulk destined for petrochemical projects. Petrotech 2012 represents a timely opportunity for participants to initiate business, and at the same time, serve the needs of the industry as it seeks to progress through strategic collaborations, healthy competition and technological innovations,” Arabian Exhibition Management’s Director of Sales and Marketing Fawzi Al Shehabi, said.
The 5,400 square metre exhibition of products and services at the Bahrain International Exhibition & Convention Centre showcases over 100 companies from 20 countries.
Amongst them is high profile participation from the natural resource rich areas of the Gulf. Regional giants including Bahrain Petroleum Company (Bapco), Abu Dhabi National Oil Company (ADNOC), Borouge, Kuwait National Petroleum Company (KNPC), Saudi Arabian Oil Company (Saudi Aramco), Qatar Petroleum (QP), Petro Rabigh, Sadara Chemical Company, Yanbu Aramco Sinopec Refining Company (YASREF), Industrialization & Energy Services Company (TAQA) and TASNEE (National Industrialization Company) are taking flagship stands.
International service industry majors also maintain a strong presence at Petrotech 2012, with Baker Hughes, Dow, Foster Wheeler, UOP and Yokogawa occupying significant exhibition space. A host of smaller specialist companies consolidate this line up.
More than 90 technical and poster presentations will be delivered during the course of the parallel conference by leading professionals under this year’s theme: Creating Value: Technology, Investment & People. These presentations will share successful case studies and innovative solutions for common challenges allied to refining and petrochemical technologies, plants of the future, human resources and HSE.
The packed schedule also includes a series of top level guest speaker sessions which will focus attention on the technical and business challenges – and equally extensive opportunities – the Middle East downstream industry currently faces.