More than 50 firms to participate in Offshore Arabia

More than 50 firms to participate in Offshore Arabia
Khamis Juma Buamim, chairman, Offshore Arabia 2018.
Published: 26 February 2018 - 4 a.m.
By: Martin Menachery

Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates, and Ruler of Dubai, Offshore Arabia Conference & Exhibition, will be held from the 28 February to 1 March 2018 at the Dubai International Convention and Exhibition Centre, under the theme 'Navigating the future and facing the challenges'.

Offshore Arabia, comes at a time when the growing uncertainty around the demand for oil and gas as well as the impact of disruption and pace of technology innovation call for a new approach to sustain the challenging offshore market.

In order to overcome such key challenges in the industry, Offshore Arabia aims to put the spotlight on ‘future projects and technologies’ while at the same time shows a strong commitment to sustainability and environmental protection. Over the two days, the event is set to witness the participation of 50 companies from 40 countries and expected to attract over 2,500 visitors and participants.

Khamis Juma Buamim, chairman, Offshore Arabia 2018, said: “The Arab region has entered a new era with an increased investment in human capital, technology and innovation, and although the dramatic slowdown of 2015-2017 had an unexpected impact on businesses in the regional and global markets, the UAE and the GCC region was able to successfully overcome the challenges, owing to its robust business driven and fast paced innovative strategies.”

“As the global demand for oil has risen from an estimated 1.3 million barrels per day to the present 1.6 million barrels per day, the UAE is accordingly leading the region’s growth and development in the offshore sector, with strong returns predicted this year as well.”

“Offshore Arabia 2018 will be identifying a number of opportunities and challenges that will hopefully lay a solid foundation for fostering growth and investment in the GCC’s offshore industry, while also help restore lasting stability in the market. Offshore Arabia will provide strong in-depth analysis of the major shifts and trends in the industry while at the same time offer an insight into the challenges and uncertainties facing our industry and strategies to navigate through such transformation.”

From his side, Eng. Anas Al Madani, vice chairman and Group CEO, INDEX Holding, said: “We are keen through Offshore Arabia 2018 to bring together decision makers, industry professionals and leading companies in marine and maritime sector to discuss industry wide sustainability challenges, identify viable solutions and raise industry responsibility and awareness.”

“This is the time when our responsibility lies ahead of discussing today’s challenges, but identify the future ones and adapt to them in an innovative manner.”

During the 2-day Offshore Arabia Conference and Exhibition, a number of key trending topics in the offshore industry will be discussed by experts and leaders in the industry, while a number of scientific sessions and lectures will be held discussing various topics like ‘Marine and Maritime Industry: The Challenge’, ‘Oil Spill Prevention, Response and Protection of Marine Environment’, ‘Operational Excellence: Renewable Energy and Technologies’, ‘Global Issues and Environment’, ‘Innovative Technologies: Driving the Future of Oil and Gas and Security, Risk and Crisis Management’, amongst many others.

Running parallel to the conference, Offshore Arabia exhibition aims to strengthen cooperation and collaboration opportunities among international companies, who will showcase their latest advanced technologies in oil and gas and the marine and maritime sector. Offshore Arabia 2018 presents an excellent platform for networking, and exchange of knowledge and information between individuals and companies, which can lead to business opportunities and strategic partnerships between exhibitors and conference participants.

Offshore Arabia Conference and Exhibition is organised by INDEX Conferences and Exhibitions, a member of INDEX Holding, and is supported by the UAE Ministry of Environment and Climate Change, the Dubai Chamber of Commerce and Industry and The Dubai Department of Tourism and Commerce Marketing, DTCM, Dubai Council for Marine & Maritime Industry (DCMMI), Federal Transport Authority - Land & Maritime, Emirates Classification Society (TASNEEF), Emirates Maritime Arbitration Center (EMAC), International Tanker Owners Pollution Federation (ITOPF), World Ocean Council, and UAE Shipping Association, amongst many others.

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