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    Oil majors line up for deepwater forum

    News // January 23, 2004
    An elite group of some of the world's most respected oil and gas companies will gather together next month for a ground-breaking event covering the offshore industry's biggest growth area for new reserves.

    In what is fast becoming the premier strategic happening in the upstream industry's global deepwater calendar, speakers and delegates will travel from all over the world to meet in London on 12-13 February for Deepwater International 2004. The theme forthis year's forum is 'Strategies & Opportunities - Breaking The Barriers', which will highlight and analyse the strategies employed and the opportunities created by the oil industry and its stakeholders as the world's established and frontier deep and ultra-deepwater regions continue to blossom.

    The interactive forum and networking event will feature presentations and discussion sessions with individuals from the highest echelons of the deepwater market.

    Organised by Ogilvie Publishing Ltd, publishers of the Deepwater International newsletter, speakers will illustrate the reasons why the majority of the E&P industry's majors and independents continue to invest huge amounts of money in this sector in their hunt for new reserves off Brazil, West Africa, the Gulf of Mexico and SE Asia. The aim is to outline and share information on business strategies and key technological advances being employed by industry stakeholders, oil companies and oil services contractors as they seek to commercialise projects in the deep and ultra-deepwater sector.

    Of key importance is the involvement once again of some of the world's leading deepwater players, including Shell, BP, Unocal and ChevronTexaco.

    Exclusively, however, this year's event will also gather together some of the world's most influential state-owned majors and industry stakeholders, whose viewpoints play such an important role in driving and dictating deepwater activity.These include organisations such as the Nigerian National Petroleum Corporation, Petrobras of Brazil and also Brazil's National Petroleum Agency, as well as the Nigeria-São Tomé Joint Development Authority.

    On top of this, also taking part will be some of the world's most respected and innovative contractors in this field, who are developing state-of-the-art concepts within the floating production and subsea sectors - especially those specifically aimed atlowering the commercial threshold of deepwater projects.

    This event will once again take place in London's exclusive Hilton Hotel in Park Lane, running over two days (February 12-13). Mark Thomas, Chairman of Deepwater International 2004 said: "I am delighted that once again Deepwater International is enjoying such visible support from the operators, contractors and - crucially - the industry's stakeholders, who play such a vital role in setting the framework for the growth of the deepwater market. No event can truly claim to cover the deepwater oil and gasindustry's full spectrum of strategies and technologies without the participation of each of these key participants."

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