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Shaikh Ali opens the Middle East Oil & Gas Show and Conference.

Bahrain 'to boost oil industry revenues'

Manama, March 12, 2013

A senior government minister yesterday highlighted Bahrain's vision to achieve sustainability in oil production and exports.

Deputy Prime Minister Shaikh Ali bin Khalifa Al Khalifa said Bahrain is keen on boosting oil industry revenues in addition to generating enough energy for housing and industrial needs, reported the Gulf Daily News, our sister publication.

Shaikh Ali was speaking as he opened the Middle East Oil 2013 exhibition at the Bahrain International Exhibition and Convention Centre.

The exhibition is a part of the 18th Society of Petroleum Engineers Middle East Oil & Gas Show and Conference (MEOS 2013) which opened on Sunday.

"These exhibitions serve as a platform for industry professionals to share expertise and contribute to developing oil industry in the region," Shaikh Ali said.

Industry leaders, attending the event, said that Bahrain is perfectly positioned at the heart of the Gulf region and is the ideal meeting place for oil industry technology buyers and suppliers. More than 300 companies from 30 countries are attending exhibition.

Participants were unanimous in saying that the event traditionally has been one of the most comprehensive and proved an outstanding opportunity to meet senior officials and learn about regional trends and needs.

Principal exhibitors include all six GCC national oil and gas companies - Abu Dhabi National Oil Company, Bapco, Kuwait Oil Company, Petroleum Development Oman, Qatar Petroleum, and Saudi Aramco, alongside supermajors including Chevron, ExxonMobil and Shell.

International oil and gas exploration and production companies such as Occidental Petroleum Corporation; service industry giants Baker Hughes, Halliburton, Schlumberger and Weatherford; large national groups from North America and the UK; and numerous independent specialist suppliers and distributors from across the globe complete the line up.

The event, which runs until Wednesday, is expected to attract more than 7,000 participants.-TradeArabia News Service




Tags: Bahrain | Oil | Revenue |

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