Basra International Fair Ground
With proven reserves of around 143 billion barrels, Iraq has the third largest reserves in the world situated across 79 oil and gas fields. Of these fields only 23 are currently producing, and it has only been in recent years that Iraq has administered bids from international and national oil and gas companies to develop these further.
The Basra Oil & Gas International Conference & Exhibition, organised by Expotim International Fair Organisation, is now in its third consecutive year. The event has quickly grown to become a staple of the oil and gas calendar, for both regional and international companies, providing a platform for local companies to assess the products and technologies available to them.
With more than 400 exhibitors and some 17,000 exhibitors coming from 40 countries around the world, the event has firmly positioned itself on the oil and gas stage as a doorway to Iraq’s plentiful opportunities. As the country continues to issue bids, with one to be confirmed later this year, and with many of the bids being entered through consortiums, the event offers networking and real business advantage.
Event Director Cagatay Ersahin, is expecting the event to attract an even greater international audience this year as the Iraqi oil and gas market opens further. He said, “The bidding process in Iraq has been complex and although the opportunities are vast, there is still a need for the Ministry to highlight the benefits to international industry players and help provide information on what is on offer.”
The exploration blocks in Iraq main among some of the world’s last major unexplored territories, presenting a significant opportunity for companies prepared to accept the stringent terms of the Ministry’s contracts.
Iraq: the Hub of Future Energy
Taking place alongside the exhibition will be a high-level conference, managed by Falah Al-Khawaja, an independent petroleum and engineering consultant since his retirement from Iraqi Government Energy sector, a career spanning 42 years.
The two-day agenda will revolve around the theme ‘Iraq: the hub of future energy’, with sessions covering topics such as expectations of Iraq production capacity in the coming years, drilling & workovers, power and water demand and pipeline networks.
The conference will provide the opportunity for delegates to understand more about the landscape of Iraq’s oil and gas fields, as well as hearing from internationally acclaimed experts.
Mr. Ersahin continued: “This is an excellent opportunity for the oil and gas industry to gain a much richer understanding of the market in Iraq and expectations for the future. As event organisers, it was important for us to ensure that we provided not only a platform for networking and showcasing products and technologies through the exhibition; but also to utilise the event as a way of sharing knowledge, experience and a way forward for the industry here.”
Çağatay Erşahin
Event Director
cagatayersahin@expotim.com
+90 212 356 00 56 (1162 ext. )
