Asia Offshore Operation & Development
From 2010-10-27 to 2010-10-29
SZ&W Group are proud to announce that the 2nd Asia Offshore Operation & Development conference will be held in October 27-29th, 2010, Beijing, China, which reflects the exciting growths in offshore oil & gas industry in China and Asia Pacific region as a whole.With an estimated of over $97 billion investment through 2009 to 2013, Asia is expected to witness an 77% increase in terms of CAPEX compared to the previous five-year period. Asia is expected to represent the second largest share of the global CAPEX spend in the global offshore game.
The lack of liquidity has become the most prominent risk in Asia offshore markets. Operators are unable to raise the finance to develop fields and this could be made more acute in Asia where many operators are independents.
Asia’s emergence as a significant deepwater operations arena should not be overlooked. Indonesia, Malaysia, and India all have development prospects on screen for the 2009-2013 periods and the region should account for nearly 10% of deepwater CAPEX in the global scenario.
As with the previous Asia Offshore Operation &Development 2009, the AOOD 2010 will bring together the best and brightest minds in the industry worldwide to take part in the program. The conference focuses on the specific technological needs of the Asia-Pacific Offshore arena. Again, the AOOD 2010 will gather Industry professionals from throughout the energy centers of the Asia-Pacific area-including Malaysia, Indonesia, China, Thailand, Vietnam, Australia and India.
In response to the growing importance of the Asia-Pacific Region in meeting the energy needs of expanding economies throughout the world, Asia Offshore Operation & Development conference is set to become the effective platform for all the market players to share ideas, to gain new insights and visions and to network with industry leaders.
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