Bahrain plans more oil excavation
Bahrain is focusing on upgrading the energy sector, diversify revenues and promote the Kingdom's status as a major investment destination.
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Deputy Prime Minister Shaikh Khalid bin Abdulla Al Khalifa yesterday opened the 8th edition of the Middle East Refining and Petrochemicals Conference (Middle East Petrotech 2012) at the Bahrain International Exhibition and Convention Centre.
Shaikh Khalid had been delegated to officiate the ceremony by the Prime Minister HRH Prince Khalifa bin Salman Al Khalifa.
Over 120 companies are participating in the exhibition which has also attracted a host of experts and specialised engineers from around the world.
Shaikh Khalid stressed the ongoing expansion of the refining and petrochemical industry in Bahrain by conducting more excavation and exploration operations, in cooperation with major international oil companies.
He said the move is in line with the government's programmes aimed at boosting investments in the energy field so as to cater to the growing demands for power. He also underlined the importance of benefiting from international conferences to further upgrade the energy sector in Bahrain, diversify revenues and promote the Kingdom's status as a major investment destination.
Energy Minister Dr. Abdul Hussein Mirza has affirmed that the strategy of the National Oil and Gas Authority (NOGA) aims to attract more specialised international conferences and exhibitions to boost the Kingdom's status as a major host of such events and bring about more scientific achievements by grooming the labour force and equipping Bahraini professionals with the needed knowledge and experience.
Meanwhile, US chemicals major DuPont has said it is using the event as a platform to demonstrate the efficiencies of IsoTherming Hydro processing Technology.
Unlike conventional hydroprocessing, which is a chemical engineering process for removing sulphur from crude oil fractions such as kerosene and diesel, IsoTherming Hydroprocessing Technology uses a liquid-full reaction system that eliminates the need for expensive recycle compressors and their associated equipment. Among the proven benefits of the technology are less capital and operating costs, increased catalyst life, and configuration flexibility.
Another firm, Petrotechnics yesterday chose Middle East Petrotech 2012 to launch Proscient, an operational performance and predictive risk software platform. According to the company it provides senior management in hazardous industries the ability to reduce risk, optimise performance and drive continuous improvement across their global operations.
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