English | 简体中文 | 繁體中文 | 한국어 | 日本語
Saturday, 4 December 2010, 14:00 HKT/SGT
Share:
    

Source: OSEA
Record Breaking Participation at OSEA2010
OSEA2010 backed by global business and industry visionaries as the most eminent oil and gas business event for the region

SINGAPORE, Dec 4, 2010 - (ACN Newswire) - OSEA2010, the largest edition in the trade event's 34-year history, drew its curtains today with a record participation of over 25,000 attendees, beating initial projections. This is an increase of 25 per cent compared to 2008. A truly international networking event for the oil and gas industry, OSEA2010 attendees hailed from over 60 countries and regions.

"The International Energy Agency reported that global oil demand is expected to reach 87.3 million barrels per day this year. That demand will be largely driven by Asia. China and India alone are expected to consume almost a third of the world's energy by 2030. As a corollary, the growth opportunities for the oil and gas industry are and will continue to be in Asia," Mr S Iswaran, Senior Minister of State for Trade & Industry and Education, declared while officiating as Guest of Honour at the OSEA2010 Opening Ceremony.

OSEA's position as the premier sourcing ground in Asia for the best-of-breed surface and subsea technologies will continue to grow as global offshore operations and maintenance spend looks set to exceed US$330 billion from 2010 - 2014.

Speaking at the inaugural OSEA2010 Leaders' Summit, Douglas-Westwood Chairman, Mr John Westwood painted a picture of strong growth for the offshore sector. "Of the major sources of oil remaining to the IOCs, Deepwater offers the best future opportunity," he concluded, adding that deepwater production is expected to grow 99 per cent. Capex spend will reach the new heights of US$137 billion over the next five years.

"The show continues to see growth potential as more investments in new oil and gas technology and services are anticipated with deeper water development," said Mr. BT Tee, Project Director of OSEA at Singapore Exhibition Services (SES). "We are already receiving requests from group pavilions for floor space expansion for OSEA2012."

Visitors to OSEA2010 were similarly impressed by the scale and quality of the show, which offered them a one-stop sourcing ground for their companies' needs. The show received visitor group delegations from major oil and gas players including Acergy Singapore, Cameron Malaysia, The Ministry of Energy Thailand and VietGazprom.

The OSEA2010 International Conference also received rave reviews from its speakers and delegates. Its OSEA2010 Leaders' Summit, Exploration and Production Conference and Gas Technology Conference saw capacity crowds eager to gain insights to various topics prevalent in today's oil and gas industry from the industry's best minds.

OSEA2012 will be held from 27 - 30 November 2012 at Marina Bay Sands Singapore.

Contact:
Eric Yum
PR Manager
Singapore Exhibition Services
Tel: +65 6233 6632
Fax: +65 6272 2962
Email: ey@sesallworld.com

Elaine Sng
Senior PR Executive
Singapore Exhibition Services
Tel: +65 6233 6636
Fax: +65 6272 2962
Email: es@sesallworld.com




Topic: Trade Show or Conference
Source: OSEA

Sectors: Gas & Oil
https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

OSEA Related News
Dec 5, 2014 20:00 HKT/SGT
OSEA2014 and OGmTech2014 Provide Point of Entry to Asia's Oil & Gas Arena
Dec 2, 2014 15:30 HKT/SGT
OSEA2014 and OGmTech2014 to Uncover New Industry Developments and Technological Breakthroughs Across Oil and Gas Value Chain
Nov 19, 2014 11:00 HKT/SGT
OSEA2014: Digitalisation of Oil Fields More Than Just Investment in Technology
Nov 12, 2014 17:00 HKT/SGT
Singapore companies to tap into Asia's oil and gas growth trends through OSEA
Oct 9, 2014 15:30 HKT/SGT
Critical Need for Optimised Performance in the Oil & Gas Industry Spurs Demand for Industrial Automation Solutions
More news >>
Copyright © 2024 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575