Sunday, August 23, 2009

2010 SPE Oil & Gas India Conference & Exhibition (OGIC 2010) to be organized at Hotel Renaissance Mumbai from 20 – 22 January 2010

India is the world’s fifth largest consumer of energy, and its demand for petroleum products is growing by more than 6% a year. Foreign companies are welcomed as both investors and suppliers. With nearly $250 billion of investment required in the major segments of the Indian oil and gas industry, the government has opened up the sector to foreign investment, allowing 100% foreign ownership and encouraging joint ventures for exploration. The government has introduced NELP for opening up acreage for exploration, which has encouraged the participation of international operators and service companies in the Indian market which is in its 8th round. Last year saw 170 exploratory wells being drilled and 264 developmental wells being drilled - a significant number of these wells are offshore wells and technology challenges lie in even deeper waters and marginal field development.

The Technical Conference, organized by the Society of Petroleum Engineers, is undoubtedly one of the key attractions for attendees at the event which is under the Chairmanship of Mr Sudhir Vasudeva, Director (Offshore), ONGC.

If you would like to discuss sponsorship opportunities at the event or would like to know more about exhibiting, please do get in touch. You can also get in touch with Ms. Sylvia Ansara at sansara@spe.org<mailto:sansara@spe.org>.Comprehensive show information is available at www.spe.org/events/ogic.

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