SINGAPORE, May 15, 2012 - (ACN Newswire) - Demand for energy around the world is set for continued growth as developing nations' maturity spurs population increase. China's surge in energy demand will extend over the next two decades, while elsewhere, billions of people work to improve their standard of living, prompting the need for more energy. The world's population is predicted to extend by more than 25 per cent from 2010 till 2040 to reach nearly 9 billion, putting further strain on the already depleting energy supply. A recent report which highlighted this growth has projected that global demand for energy will be some 30 per cent higher by 2040 than it was in 2010.
Alternative energy sources will grow in tandem, but oil and gas are projected to make up the majority of the global energy mix up to the year 2050. With this imminent trend, the industry face the difficult task of exploring and producing oil and gas - which are increasingly found in challenging areas in deep waters, pre-salt in Brazil, politically challenged areas and in the arctic regions. This has resulted in the need for better and improved technology, which fuels existing business deals and creates new opportunities for a wide range of related products and services.
Opening doors from 27 November to 30 November at a new location - the Marina Bay Sands Singapore, OSEA2012, the largest oil and gas exhibition and conference in the Asia-Pacific region, expects growth of 15 per cent compared to the 2010 edition. Not only the largest but also the most important industry event of its kind in the region, the 19th edition of OSEA will present to more than 25,000 trade attendees exclusive opportunities to interact with 1,500 international companies across a result driven networking platform of 31,750 square metres of exhibition space.
Basking the limelight of OSEA2012 will be several national oil companies (NOCs). The event will also boast an increase in the number of country pavilions from 10 in the previous edition to 12 this year, from Australia, China, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Singapore, UK and US.
Also joining OSEA for the first time are individual exhibitors EMAS AMC, Franklin Offshore International, M-I Swaco, Marco Polo Marine, Remazel Engineering SPA and more. They will be intertwined with returning exhibitors who have reaped the rewards of participating in previous editions of OSEA and will be back again this year to connect with existing partners and build new business relationships.
"As the demand for crude oil and natural gas intensifies, the world will see an increase in exploration and development activities," says Mr. Stephen Tan, Chief Executive of organiser Singapore Exhibition Services (SES). "Since its inception in 1976, OSEA has steadily grown from edition to edition to become the industry's sourcing ground and business networking platform for the global oil and gas industry in Asia today. Relevance is crucial in today's economic and business landscapes, and with this in mind, OSEA is poised to shine brighter than ever as the event readies to unveil the latest products, services, technology and knowledge that are vital for greater growth."
The OSEA2012 International Conference will be held concurrently with the exhibition to provide an invaluable platform for discussion on commercial challenges and technological innovations. Key tracks will cover topics on Business Issues, HSE, Construction and Engineering, Drilling and Well Construction, Completions and Subsea, Production, Facilities and Operations, and Gas Technology and LNG.
More information is available at www.osea-asia.com.
OSEA2012 exhibition at a glance:
Show: OSEA2012 - The 19th International Oil & Gas Industry Exhibition &
Conference (since 1976)
Date: 27 - 30 November 2012
Venue: Marina Bay Sands, Singapore
Hours: 10.30am - 6pm
Entry: Business and trade professionals only
Assistant PR Manager
Singapore Exhibition Services
Tel: +65 6233 6636
Fax: +65 6272 2962
Topic: Trade Show or Conference
Sectors: Gas & Oil, Energy
From the Asia Corporate News Network
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