Gas Arabia Summit Concludes, Oman

The eighth edition of the Gas Arabia Summit, organised by The Energy Exchange and co-hosted by BP, Oman Gas Company, Oman LNG and Petroleum Development Oman, concluded on 5 December 2012 providing key insights into developing an efficient, sustainable and highly profitable gas industry.

The main summit opened on 3 December 2012 with His Excellency Nasser Al Jashmi, Undersecretary of the Ministry of Oil and Gas in the Sultanate of Oman, and an overview of current local projects and mid-term projects. The day continued with enticing speeches, thought provoking presentations and the keynote debate focusing on various opportunities available to further enhance the gas industry.

Arianna Neri, Project Director, 2012 Gas Arabia Summit, said: “Among the highlights of the day was the keynote speech of Mr Raoul Restucci, Managing Director of PDO, a debate with senior executives from Oman Gas Company, BP, PDO and Baker Hughes, and the gala dinner hosted by BP, Oman LNG, Oman Gas Company and PDO.”

Preceding the summit on 2nd December was the Unconventional gas day hosted by BP. Speakers from BP, Petroleb, UNECE Gas Centre, Baker Hughes, PDO and OPAL joined forces to share case studies, analysis and forecasts and providing insights on the key strategic and technical elements of unconventional gas E&P and marketing potential of its by-product.

The Gas Flaring Reduction Day on 5 December 2012 proved to be the perfect end of the Summit with over 40 participants gathering to discuss key technical and financial challenges faced on the road towards zero waste. Presentations and inputs from UOP, Salalah Methanol Company, Daleel Petroleum and Oman LNG provided a clear understanding on the companies’ strategies ahead.

Furthermore, the inaugural Gas Arabia Summit Awards was held this year to recognise leading organisations and projects for their outstanding achievements.

QatarGas won the Middle East Leading Business of the Year Award for being the largest LNG producer to date, with over 42 tonnes of LNG per annum, opening new routes such as one to Singapore, and for its pioneering efforts to reduce waste and emissions (JBOG Project).

The Regional Ground-Breaking Gas Project of the Year award went to BP -Khazzan-Makarem – for its efforts and financial investment to boost the Omani gas sector which is an important test for the continued development of unconventional resources at a regional level.

Oman Gas Company was recognised for being the ‘Local Ground-Breaking Project of the Year’ for its LPG project, currently in concept phase in Salalah, which aims at maximising the diversification and revenue potential of natural resources in the Sultanate.

The last award was handed out to GlassPoint Solar Inc. for ‘Innovative Upstream Technology of the Year’. This is a newly developed technology that is changing the way operators find, assess, manage and develop their resources. GlassPoint’s solar steam generators provide customers in the oil and gas industry with the most cost-effective source of thermal energy for EOR and enables companies to make between 22% and 81% annual gas savings.

REED, a global talent recruitment organization that focuses on attracting the best individuals from across the world ran a prize draw during the Gas Arabia Summit for one company to receive a free training course in-house. The prize draw was drawn on Tuesday 4 December 2012 and the winning company was Salahah Methanol Company – a methanol production facility in Salalah Free Zone located near the Port of Salalah.

Toby Smallwood, EMEA Practice Head – Mining & Metals, Oil & Gas, Power Generation, Reed Energy, said: “REED are real supporters of in-country value and are delighted to be delivering training that will enhance workers ‘soft skills’ within Oman. Salahah Methanol Company have the choice of training courses that include Introduction to Management, Effective Communication or Finance for Non – Finance Managers which we will then tailor to meet their needs. We believe Oman has great potential and that we can help with their growth objectives through collaborative partnerships delivering training and specialist recruitment.”

Sponsors of the 2012 Gas Arabia Summit included: “BP, Oman Gas Company, Oman LNG, Petroleum Development Oman, Oman Shipping Company, Daleel Petroleum LLC, OMV, Baker Hughes, Total, Honeywell, Oman Cables, UOP, GlassPoint, Takamul, and REED.”

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LNG World News Staff, December 18, 2012