Industry, Logistics & Shipping

Over 50 firms for Offshore Arabia summit

More than 50 companies from 40 countries are expected to take part in the upcoming Offshore Arabia Conference & Exhibition in Dubai, UAE.

Being held under the theme ‘Navigating the future and facing the challenges’, the event will run on February 18 and March 1 at the Dubai International Convention and Exhibition Centre and is expected to attract over 2,500 visitors and participants.

Offshore Arabia aims to put the spotlight on future projects and technologies while at the same time shows a strong commitment to sustainability and environmental protection.

Khamis Juma Buamim, chairman Offshore Arabia 2018, said, “The Arab region has entered a new era with an increased investment in human capital, technology and innovation, and although the dramatic slowdown of 2015-2017 had an unexpected impact on businesses in the regional and global markets, the UAE and the GCC region was able to successfully overcome the challenges, owing to its robust business driven and fast paced innovative strategies.

“As the global demand for oil has risen from an estimated 1.3 million barrels per day to the present 1.6 million barrels per day, the UAE is accordingly leading the region’s growth and development in the offshore sector, with strong returns predicted this year as well.”

“Offshore Arabia 2018 will be identifying a number of opportunities and challenges that will hopefully lay a solid foundation for fostering growth and investment in the GCC’s offshore industry, while also help restore lasting stability in the market. Offshore Arabia will provide strong in-depth analysis of the major shifts and trends in the industry while at the same time offer an insight into the challenges and uncertainties facing our industry and strategies to navigate through such transformation,” he added.

Anas Al Madani, vice-chairman and Group CEO at event organiser Index Holding said: “We are keen through Offshore Arabia 2018 to bring together decision makers, industry professionals and leading companies in marine and maritime sector to discuss industry wide sustainability challenges, identify viable solutions and raise industry responsibility and awareness.”

“This is the time when our responsibility lies ahead of discussing today’s challenges, but identify the future ones and adapt to them in an innovative manner.”

Running parallel to the conference, Offshore Arabia exhibition aims to strengthen cooperation and collaboration opportunities among international companies, who will showcase their latest advanced technologies in oil and gas and the marine and maritime sector.

Offshore Arabia 2018 presents a platform for networking, and exchange of knowledge and information between individuals and companies, which can lead to business opportunities and strategic partnerships between exhibitors and conference participants. – TradeArabia News Service