Declining Oil Prices and Rising Complexity Drives Production Optimization Initiatives in the Middle East Oil Sector

DUBAI, UAE - Regional reservoir and field development experts meet to discuss successful strategies to bolster petroleum extraction from ageing reserves.

International Quality and Productivity Centre (IQPC), the global provider of tailored, industry-driven conferences, will be addressing how to tap into the region’s vast reserves to maximize oil recovery.

Production Optimization Middle East 2009 is an exclusive two-day conference with four essential half-day workshops, taking place at Le Royal Meridien, Abu Dhabi, UAE.

Regional industry experts will gather in Abu Dhabi on 13 - 16 December 2009 to share their latest practical solutions for accessing ageing reservoirs in order to exploit their potential. The successful application of artificial lift technologies combined with strategic field development planning will be discussed to reveal technical and operational initiatives for bolstering petroleum extraction.

Production Optimization Middle East 2009, hosting valuable contributions from 16 industry experts, provides an excellent opportunity to find solutions to the very latest production challenges, benchmark your current practices, and build industry partnerships that will result in mutual business growth.

Talal Al Mutairi, Team Leader of Field Development, Kuwait Oil Company states, “Production optimization is an integrated effort which requires a multidisciplinary team who should be working with the latest advanced technologies as the industry faces maturing reservoirs, along with severe shortage of technically competent manpower. As this event will be attended by delegates from different companies working in the region, attendees will get the chance to be exposed to best practices and establish a networking community for the benefit of the business.”

Production Optimization Middle East 2009 will act as a forum for some of the most topical regional issues facing the industry right now, by providing practical case studies from leading Oil companies. Clement Edwards, Well and Reservoir Manager, Shell will be addressing how using LEAN methods in well and reservoir management can help you become more efficient at producing hydrocarbons.

Furthermore, Abdul Hameed Aborshaid, Manager of Production Engineering, Saudi Aramco will assess the role of ifield technology in sustaining production and optimizing operations.

This highly focused event will bring together a selection of industry professionals for two days of high-level networking and debate over burgeoning challenges, including successful EOR strategies for Middle East reserves.

Further information may be obtained at www.productionoptimizationme.com

About IQPC Middle East: For over thirty years, IQPC has helped the world’s leading corporations solve their business challenges through the sharing of practical industry solutions and global best practice. In the process, the company has built a formidable reputation for quality and value. During this time, the Middle East’s most progressive companies have benefited from IQPC’s unrivalled global reach, which has connected international expertise with regional and local leaders. For more information, visit www.iqpc.ae

For more information, please contact Eileen Espelita T: +971-4-3642975 F: +971-4-3631938 E: eileen.espelita@iqpc.ae

Source: IQPC Middle East

For more information, please contact Eileen Espelita: T: +971-4-3642975, F: +971-4-3631938, E: eileen.espelita at iqpc.ae