GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

Bahrain Prepares to Host the Second Edition of the Middle East Heavy Oil Congress

Middle East Holds Nearly 1 Trillion Barrels of Heavy Crude Oil, accounting for nearly 30% of World Reserves: Industry Report

Kingdom of Bahrain – 13 March 2017: Technology and innovation will play an instrumental role in securing heavy oil's valuable position in the global energy mix, according to the region's industry experts.

Speaking ahead of the upcoming Middle East Heavy Oil Congress (MEHOC), the largest gathering of heavy oil professionals in the region, Dr Peter Bartlett, Chief Executive of the Bahrain Petroleum Company (Bapco), said overcoming the challenges associated with leveraging this complex – but invaluable – energy resource will depend on the industry's ability to develop commercially viable recovery solutions.

“Fossil fuels will continue to account for the majority of the world's primary energy needs for the next few decades, and heavy oil will feature in that mix. In order to compete, though, heavy oil producers will have to overcome cost challenges versus commercially competitive alternatives. They will innovate in order to do so. At Bapco, we consider heavy oil in the mix of feedstocks we purchase for our refinery,” Dr Bartlett said.

“Our participation in the Middle East Heavy Oil Congress is part of our strategy in monitoring important developments in the heavy oil marketplace. The event offers key industry stakeholders a platform to network, explore the latest technologies, and share knowledge and best practice across the value chain, enabling us to ensure that heavy oil continues to be a valuable contributor to the evolving global energy mix.”

According to a recent study by international management consultancy Arthur D. Little, heavy oil accounts for 21 per cent of the world's crude oil reserves. Of this, nearly 30 per cent is in the Middle East, at 971 billion barrels of heavy crude oil.

Despite the global abundancy of this valuable resource, its commercial viability and sustainable production continues to be a challenge for the world's producers, especially amid a challenging economic landscape. Because of its highly viscous composition, heavy oil requires a different – and often more technologically advanced – refining process than that which is used for conventional oil.

Hosted under the patronage of His Excellency Shaikh Mohammed bin Khalifa Al Khalifa, Minister of Oil for the Kingdom of Bahrain, supported by the National Oil and Gas Authority (NOGA), and organized by the Global Energy division of dmg events, MEHOC 2017 will offer two days of unparalleled networking and knowledge exchange opportunities for heavy oil professionals from across the globe through a dedicated conference and an international exhibition, where industry leaders, including national oil companies, international oil companies, and service providers, will showcase the latest technologies and developments in heavy oil recovery and production.

“Around the world, trillions of barrels of heavy oil are just waiting to be recovered, potentially extending the hydrocarbon life expectancy by decades,” said Jean-Philippe Cosse, Vice President – dmg events Global Energy. “Developing solutions that will enable the safe, sustainable, and cost efficient recovery of this prominent resource could give the world access to new supplies of energy. MEHOC works as a catalyst for industry progress, allowing experts to exchange knowledge and information that will pave the way to a promising future for heavy oil recovery and production.”

Building on the remarkable success of the inaugural edition in 2015, the second edition of MEHOC will offer attendees exclusive industry insight through both strategic and technical conference sessions that will focus on upstream, midstream, and downstream sectors of the heavy oil value chain. This year, the conference Call for Papers saw a submission of 150 abstracts across 5 technical categories, covering the entire heavy oil value chain. After meticulous evaluation by the technical committee, 25 abstracts were selected for presentation at the conference.

Key participating companies this year include BAPCO, the Kuwait Oil Company, Lukoil Engineering, Occidental Petroleum Oman, Schlumberger, Tatweer Petroleum, and Total S.A.

MEHOC will take place on 11 and 12 April at the Gulf Hotel. The event is expected to welcome more than 20 exhibiting companies, 40 speakers, and 200 professionals from over 15 countries.


Posted by : GoDubai Editorial Team
Viewed 10590 times
Posted on : Monday, March 13, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Collaborates with Ministry of Interior to Support GCC Traffic Week
Next Story : Oil Prices See Rises Despite Concerns Over the Growing US Inventory
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
New Must-Have Beauty Products from GOSH this October
Four UAE Designers Take Home LG Signage Design Award
Huawei unveils the long-awaited HUAWEI Mate 10 and HUAWEI Mate 10 Pro
LPG Endermologie Offers A Chronobiological Slimming Gel
Level Shoes Hosts Christian Louboutin for “Dear India”
ICONIC Youth Fashion Show Experience
Glamazle.com introduces Super Matte ‘Glambry' lip tints for the perfect pout
Diamonds Are Everyone's Best Friend! VOD Dubai International Jewellery Show 2017...
The Graham Chronofighter Vintage GMT is the tough guys' ticket to time travel
SCTDA ‘My Destination' Program Kicked Off with SUC Students
The Rado True Shadow - Limited edition timepiece co-created with Japanese design...
Beauty Night Is Back at Sheraton Dubai Creek
The Lacoste 12.12 Kids Collection
Reinventing Raymond Weil's Emblematic Chronograph - The Refined Swiss Watchmakin...
Moving on Up! Saudi Arabia to Underline Status as Regional Food Manufacturing Fo...
MICHAEL Michael Kors: Fall 2017 Sadie Large Leather Satchel
PUMA X Photographer Gunner Stahl For Autumn/Winter 2017
Dubai Chamber concludes high-level trade mission to Malta
GUESS Launches Stunning Array of Collections for Fall17
Coffee at the touch of a button with ‘Quespresso'
Introducing FitFuse by COÉGA Sunwear
Ali & Sons Audi unveils all new Q5 and SQ5 in Abu Dhabi and Al Ain
Regional Storytelling Takes Centre Stage at DIFF With Muhr Feature Category
Renault KOLEOS achieves five-star Euro NCAP rating
Humaid Mohammed Al Qatami, Director General, Dubai Health Authority Officially O...
Versace Fall/Winter 2017 Collection
Maserati Merchandise Products
More café re-opens its doors
CNN's Marketplace Middle East uncovers the DIFC's central role in Dubai's econom...
‘brands4u', the biggest factory outlet opens in Reef Mall, Dubai
Career of Egyptian Writer Wahid Hamed to Be Honoured With Arab Lifetime Achievem...
Glambox.me - Get Glam On The Go
Airbus and Bombardier Announce C Series Partnership
RAYMOND WEIL'S Freelancer Ladies - The Ideal Ally for the Modern Active Woman
The Dubai Mall celebrates Diwali with a splash of colour
Plentiful Cinema-based Activities Offered by SICFF 2017
Seagal Shows Off the Stunning Jules Verne Instrument II from Louis Moinet.
Peugeot on the Podium at Rallye Du Maroc: Ready to Tackle Dakar 2018 After a Pro...
Partnership between Roger Dubuis and Emirates Airline Foundation
Christmas just got easier with Al-Futtaim ACE
Celebrate festival of light at home with your loved ones
Kalimat Group Brings Arabic Literature to the Fore at Frankfurt Book Fair
Airline New Distribution Capability to Get Boost from ATPCO and SITA
Breast Cancer and Fertility preservation
British Security Industry Association zooms in on Mid East's US$4.8 billion comm...
Dubai Health Authority receives Canadian delegation at Dubai Future Accelerators.
Robinsons Launches the Hall of Fashion and Accessories
Trend Alert: Think Pink
Jafza named best free zone in the world for large companies
Dari Home opens in The Dubai Mall