World Conference Calendar

33842 Conferences

Offshore Development Conference 2011

Added by p.balraju on 2010-10-13

Conference Dates:

Start Date Start Date: 2011-01-18
Last Date Last Day: 2011-01-20

Conference Contact Info:

Contact Person Contact Person: Priya
Email Email:
Address Address: Kuala Lumpur, Kuala Lumpur, Malaysia

Conference Description:

Driving offshore development in Asia

Globally, deepwater and ultra deepwater discoveries are becoming the dominant source of new reserve additions, accounting for 41% of total new reserves based on statistical evaluations of discoveries from 2005 – 2009. In Asia alone, an estimated capex of $97 billion will be spent from 2009 – 2013 on offshore exploration and developments. This is an estimated 77% increase in terms of capex compared with the previous 5 year period.

Many of the regions previous offshore reserves have been located in shallow waters and while many operators are still focused on maximising these fields, the region must adapt to the challenge of deepwater operations.

OFFDEC ASIA is the region’s leading conference focused on how to effectively exploit offshore resources in a cost-effective, efficient and sustainable manner. It will bring together operators, oil field service providers, rig contractors and government officials to discuss how to effectively nurture offshore development across the region and how to rise effectively to the challenge of deepwater.
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