Sheikh Hamad Bin Jassim Bin Jabr Al-Thani, Prime Minister and Minister of Foreign Affairs of the State of Qatar has officially opened the fourth edition of the International Petroleum Technology Conference, taking place in Doha until 9 December.
The VIP party which toured the exhibition taking place alongside the three-day conference included Abdullah Bin Hamad Al-Attiyah, Deputy Prime Minister and Minister of Energy and Industry for Qatar and Mohammed Bin Dhaen Al Hamli, UAE Minister of Energy.
Middle Eastern leaders and senior industry figureheads from the world's oil and gas sector have convened in Doha to discuss the huge challenges they now face due to the significant shift in demand for oil, gas and energy products across the world.
The theme for the IPTC is "World Energy Challenges: Endurance and Commitment". The opening plenary session focused on how energy leaders can mitigate the negative effects of the global economic and political volatility, and how the financial crisis can be turned into an opportunity for the industry to devote resources to increase efficiency in the production and use of fossil fuels.
Delegates in the plenary session were called upon to confirm their commitment to explore more efficient ways to produce energy and cleaner fuels to alleviate greenhouse gas emissions. Discussions took place on investing in new extractions and processing technologies in order to exploit unconventional hydrocarbon resources.
Sustainability and environmental solutions were key themes on the opening day of the conference. The afternoon panel session, chaired by Ali Al-Hauwaj from Saudi Aramco and Ibtisam Al-Riyami from Petroleum Development Oman, addressed the development of energy resources in environmentally responsible ways in order to curb local pollutions and reduce GHG emissions.
Speakers on the panel discussed new global carbon management initiatives, footprint minimisation in drilling and completion and the latest technological developments in cleaner fuels, such as Fischer Tropsch synthesis and gasification processes.
"The opening day has been incredibly successful, bringing together oil and gas colleagues from around the world, discussing major issues affecting our industry during these financially uncertain times," said Waleed Refaay, Project Director for IPTC 2009.
"The support from our patron, His Highness Sheikh Hamad Bin Khalifa Al Thani, Emir of the State of Qatar, has been instrumental in leveraging the quality of the event to new heights. The IPTC is a collaborative effort from the world's leading oil and gas societies AAPG, EAGE, GPA, SEG and SPE, who have worked together to attract the highest calibre delegates."
The IPTC, which has returned to the Middle East from Kuala Lumpur in 2008 and has now been established as a biennial event, provides the most thorough conference programme available in the oil and gas sector, this year covering 58 technical sessions, four panels and high level plenary. The event is one of the few in the industry which offers an opportunity to participate in such comprehensive discussions.
The 2009 IPTC exhibition is offering industry professionals from around the world a platform to showcase the latest technology, services and products to a targeted oil and gas audience.
Major international oil giants ExxonMobil, Total and Shell, which are currently building some of the world's largest energy projects, are taking part in the IPTC exhibition to promote their Middle Eastern and global operations.
The Organisation of the Petroleum Exporting Countries (OPEC), a permanent inter-governmental organisation made up of 12 oil-exporting countries, has lent its endorsement to the IPTC, joining other major associations such as the Organisation of Arab Petroleum Exporting Countries (OAPEC), the International Association of Drilling Contractors, International Gas Union, Qatar Geological Society, Qatar Society of Engineers, and the International Association of Oil & Gas Producers.
The IPTC is hosted by Qatar Petroleum, co-hosted by Total, and supported by its sponsors ExxonMobil, Wintershall, RasGas, Shell, PETRONAS, BP, Kuwait Oil Company, Saudi Aramco, OXY, Qatar Gas, Baker Hughes and Schlumberger.
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