The Hindu Business Line : Oil & Gas Show in Dubai

THE participants at the 12th edition of the Arab Oil and Gas Show, OGS 2005, which opens in Dubai on Monday will be eyeing the $2 billion worth of onshore and offshore oil and gas industry projects in the UAE.

In addition, more than 5,000 specialist visitors and buyers involved in the production and distribution of oil and gas, are expected to attend the show, according to a statement from the organisers.

OGS 2005 will focus on new technologies, software and machinery, covering the entire range of activities in the oil and gas industry, from production to maintenance, as well as environmentally friendly drilling procedures and safety and rescue issues. Over 300 exhibitors from 30 countries are taking part in the event.

"As one of the largest buyers of high-end technology and equipment for use in its vast energy production hotspots, West Asia has always attracted high profile international manufacturers and suppliers," said Mr Anselm Godinho, Managing Director, IC&E, organisers of the event. "The UAE has maintained its position as a major producer and exporter of oil, with proven crude oil reserves of nearly 100 billion barrels, giving it a reserve-to-production ratio of well over 100 years at current output. Over the years, OGS has been successful in serving as a platform for the launch of key technologies that has made significant contribution to maintaining the competitive edge of the region's oil producers."

This year, OGS also features the Arab Instrumentation & Automation (AIA) Show, which is a comprehensive display of technology for instrumentation, control and automation professionals. AIA is an international gathering that will enable suppliers to meet, demonstrate and sell to a diverse selection of industry buyers from all over West Asia, the Mediterranean and the sub continent.

Supported by the UAE Ministry of Petroleum and Mineral Resources, OGS is the largest and longest established event of its kind serving the lower Gulf.

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