Dubai to host GOTECH conference on 23rd October

DUBAI, (Pakistan Point News - 10th Oct, 2018) The second cycle of the Gas & Technology Showcase and Conference, GOTECH, at Dubai World Trade Centre, DWTC, will be held on 23rd to 25th October, 2018, and will attract a pool of experts and professionals in the sector.

GOTECH, which is organised by Dragon Oil, is held under the patronage of H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance. It is a platform for integration between the most up-to-date applications and trends in oil and gas sector with focus on spreading innovative technologies, best practices and operation excellence with the ultimate objective of unleashing the international potentials in this sector.

Ali Rashed Al Jarwan, Dragon Oil CEO, thanked Sheikh Hamdan for supporting this cycle of the conference-cum-exhibition which is considered to be one of the most important platform of gas and oil industry and it is a part of Dubai vision 2021. "GOTECH is one of the leading events of the gas and oil industry in the region and this version is organised with the theme, 'Innovation and Workforce Competence'," he added.

The event will see the participation of Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, delivering the keynote with the title; "Talents and HR Management in Oil and Gas Industry".

Al Jarwan highlighted that the oil and gas industry should cope with the slump in oil prices, and in this respect, Dragon Oil is presently focusing on aligning and directing its strategy to cope with the present circumstances.

Priority is given to the company’s competitiveness while maintaining safe and sustainable operations and cost optimization to achieve the best possible outcome in financial management.

Dragon Oil is the investment arm of Emirates National Oil Company, ENOC, and the sole operator of Cheleken Contract Area in Turkmenistan, in addition to several exploration assets in the middle East, Africa and Asia, he said.

According to Al Jarwan, the company has a number of MoUs and contracts for exploration in Iraq, Algeria, Egypt, Afghanistan and Tunisia. It is also exploring new areas of investment in developing oil and gas resources worth of billions of Dollars, due to be revealed in the next few days. "We are also looking forward to increase our production from 100,000 bpd tp 300,000 bpd by 2025", he added.

In turn, Fareed Al Hashmi, GOTECH Executive Director, said that the second edition of the exhibition will address several topics, such as sub-terrain and drilling technologies, survey engineering, operational excellence, integrated digital oilfields, in addition to the adoption of technology as an important tool to manage cases of uncertainty and reach the potential of untapped assets to achieve their full potential.