OSEA2010 Brings Leading Global Surface and Subsea Technologies and Services to the Asia Pacific

The decline in available oil and gas resources in onshore areas has driven increased offshore exploration which has resulted in discoveries of huge reserves in new emerging regions. Asia Pacific is one of these emerging regions that has become the focus of a shift in considerable investments. This trend is expected to continue and is evident in the strong presence of technology and solutions providers at OSEA2010, the choice networking and sourcing platform for industry in the Asia Pacific.

OSEA2010 will be the largest edition in its 18-year history and will feature 1,500 international exhibitors over 24,000 square metres at Suntec Singapore. The largest oil and gas exhibition and conference in the Asia Pacific region, the event is expected to see the participation of over 22,000 business and thought leaders, industry professionals and government officials from 60 countries and regions. OSEA2010 will be held from 30 November – 3 December 2010.

Strategically held in Singapore, a major hub at the confluence of major shipping lanes and global market leader in rig building and FPSO vessal conversion, OSEA caters to a vibrant oil and gas community in and around the region. The event sees perennial participation by surface technologies giants such as Keppel FELS, Yantai Raffles Shipyard, J. Ray McDermott Asia Pacific, Semco Maritime and Prosafe Offshore.

The increase in subsea installation and production to exploit resources in deeper, less accessible waters in the region has driven demand for subsea technologies and services. OSEA2010 is expected to be bustling with activities as industry professionals survey the show floor for the latest offerings from exhibitors like Technip Geoproduction, SapuraCrest Petroleum and Subsea7.

“The subsea industry is growing in importance, with many deep-water discoveries in the Asia-Pacific region like Australia, China, India, Malaysia and the Philippines,” said Mr. B T Tee, Project Director of OSEA at Singapore Exhibition Services (SES). “There had also been deals and contracts concluded recently, for instance, the US$25 million subsea contract awarded to Hallin Marine – which clearly indicates that companies will be looking out for more advanced subsea technologies and services. OSEA2010 will be the sourcing ground for the oil and gas industry for the latest technologies for prospecting to production and share market insights, right in Singapore, the oil hub of Asia.”

Mr. Daniel Thompson, Counselor for Commercial Affairs, U.S. Commercial Service of the U.S. Embassy Singapore, which is supporting the U.S. pavilion stated, “Oil and gas companies should look to OSEA2010 to keep abreast of the latest technologies and as an opportunity to reach their customers in the region. U.S. companies ranging from instrumentation to oil rig components will exhibit at OSEA2010 to meet and network with potential business partners. I am certain that OSEA2010 will exceed expectations.” OSEA2010 will feature 11 international group pavilions from Australia, China, Denmark*, Finland*, Italy, Netherlands*, Norway, Singapore, United Kingdom, United States and UK (* denotes new pavilions).

The OSEA2010 International Conference will be held concurrently with the exhibition and will feature an array of topics and panel discussions from the areas of exploration to production, and gas technology and recovery. The conference this year will see the debut of a high-level OSEA Leaders’ Summit where industry heavyweight like John Westwood will be giving his forecast on the prospects for the global offshore industry, among many other topics. Delegates can look forward to prominent speakers from Abu Dhabi Marine Operating Company (ADMA-OPCO), Ebara, ExxonMobil, GL Global Denton, J. Ray McDermott, Kuwait Foreign Petroleum Exploration Company (KUFPEC) and more.