Basra Oil & Gas International Exhibition & Conference to be held in December

Internationally acclaimed experts from across the oil and gas sector will address the challenges and opportunities in the Iraqi market at Basra Oil & Gas International Exhibition & Conference that will take place from 6-9 December 2012 at Basra International Fair Ground.

With more than 400 exhibitors and some 17,000 exhibitors coming from 40 countries around the world, the event has firmly positioned itself on the oil and gas stage as a doorway to Iraq’s plentiful opportunities. As the country continues to issue bids, with one to be confirmed later this year, and with many of the bids being entered through consortiums, the event offers networking and real business advantage.

The Basra Oil & Gas International Exhibition & Conference is now in its third consecutive year, having doubled in size year-on-year, as access to Iraq’s lucrative market becomes increasingly of interest for global oil and gas companies.

With proven reserves of around 143 billion barrels, Iraq has the third largest reserves in the world situated across 79 oil and gas fields. Of these fields only 23 are currently producing, and it has only been in recent years that Iraq has administered bids from international and national oil and gas companies to develop these further.

“The bidding process in Iraq has been complex and although the opportunities are vast, there is still a need for the Ministry to highlight the benefits to international industry players and help provide information on what is on offer,” Event Director Çagatay Ersahin said, expecting the event to attract an even greater international audience this year as the Iraqi oil and gas market opens further.

Speakers from Weatherford, Gulf Energy, South Oil Company (SOC) and Penspen will put forward their views on technology, health & safety, laws & regulations, petrochemicals and many other topics related to the conference theme “Iraq: The Hub of Future Energy.”

Industry veteran, Mr. Falah Al-Kahawaja, ex-director general of State Company for Oil Project, will manage the conference, bringing his wealth and experience of Iraq’s growing influence to the event.

Conference director,  Mr. Falah Al-Kahawaja said: “This conference provides an unrivalled opportunity for the oil and gas industry to understand more about Iraq and the expectations for the future. It is a complex market to navigate, and we want to provide a platform that gives local, regional and international companies interested in doing business in Iraq somewhere to share knowledge, experience and insight.”

For further information, please visit www.basraoilgas.com or contact Event Director Nazlı Candemir Dursun at nazlicandemir@expotim.com.