Osea2008 Draws Key Industry Players

OSEA, Asia's largest oil and gas exhibition and conference, will see over 1, 300 exhibiting companies from 49 countries and regions this year, a healthy 36 per cent increase from its last show in 2006. Established in 1976, this year's exhibition - its biggest ever with an 80 per cent increase in size - will occupy 21,600 square metres at Suntec Singapore from 2 - 5 December. The surge in the global demand for oil has propelled the robust growth in the show. According to its 2008 World Energy Outlook, the International Energy Agency (IEA) - an organisation which advises industrialised countries on energy policy - puts the demand for oil at 85 million barrels per day currently to 107 million barrels per day in 2030.

The need for more oil has created a growing market for oil and gas equipment, services and technologies. OSEA addresses this rising demand. As the Asia Pacific's most diversely represented event for the oil and gas industry, the show serves as an important platform for the latest drilling and exploration equipment; handling systems; LNG terminals; pipeline components; communication technologies; safety and environmental systems; seismic surveys, and other oil and gas related equipment. OSEA's exhibitors, visitors and delegates alike use this opportunity to network, collaborate and seek new investments in exploration and production projects.

The biennial four-day event will feature market leaders from Singapore and overseas. These include Aker Yards, Ameron, Bureau Veritas, Det Norske Veritas, Dockwise, EATON, Fluor Offshore Solutions, FUGRO, Global Industries, Global Process Systems, Halliburton, Hamilton Sundstrand, Keppel FELS, Kongsberg Maritime, McDermott, Siemens AG, Siemens AG, Swiber, Parker Hannifin Singapore, Prosafe Production Services, Technip Subsea 7 Asia Pacific, Tyco Thermal Controls, Veolia and Yantai Raffles Shipyard.

OSEA2008 will also see group pavilions, government agencies, national oil companies (NOCs) and international oil companies (IOCs). The group pavilions hail from Australia, China, Germany, Italy, Norway, Scotland, UK and U.S.A, while government agencies, NOCs and IOCs will consist of Singapore, Indonesia, Russia, the Philippines, Thailand and Timor-Leste representation. Making its debut at OSEA2008 is the world's largest extractor of natural gas, Russia's Gazprom.

Mr. Tee Boon Teong, Project Director for OSEA from the show's organisers Singapore Exhibition Services (SES) said, "OSEA has had a prolific year due to the growing Asian oil and gas industry. The growth in the show reinforces its objective to provide the industry with a relevant sourcing ground for business opportunities."

The OSEA2008 International Conference will also see a global participation of more than 45 industry gurus addressing current pertinent issues facing the industry today and providing real and practical solutions to them in three main topic areas: Exploration, Production, and Gas Technology and Recovery.

The conference will feature high profile executives from Aker Operations AS, CompactGTL, Douglas-Westwood Limited, Ebara International Corp, Energyfiles, GeoMechanics International, Halliburton Asia Pacific, Indonesia's Ministry of Energy and Mineral Resources, Philippine National Oil Company, PT Medco E&P, SeaBird Exploration, Technip and Total S.A.

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