June 21-23, 2011
Venue: ICC, Abuja
The Upstream and Downstream Expo, is the first ever oil and gas technology event of its kind in the West African sub region that will bring together over 2,000 key industry players and visitors.
The event will be holding at the Transcorp Hilton, Abuja; Nigeria’s most prestigious hotel, and is expected to be hosted by Nigeria’s Federal Ministry of Petroleum Resources and other Governmental Agencies of West African states. It is expected to be declared open by the President of the Federal Republic of Nigeria.
Nigeria at present produces gas for the international market at the NLNG Bonny Island production trains, with two other Liquefied National Gas plants being built at the Brass Island and Olokola.
And the region’s potential is increasingly promising in the world gas market. According to a survey in 2009, Nigeria alone had proven natural gas reserves of 5.24 trillion cubic feet, giving the area one of the top-10 natural gas endowments in the world. This means, it has the potential to generate close to 10 billion U.S dollars yearly from sales of gas alone.
Nigeria and Ghana have a combined crude oil installed refining capacity of about 500,000 barrels per day. In addition, the Nigerian Government has also approved the building of three new refineries in the country, thus, re-enforcing the region as one of the largest markets in Africa.
OPEC World Energy Model, forecast that, world oil demand will rise from 76 million barrels per day in 2000 to 103 million barrels per day in 2020; West Africa region has been targeted as a clear player in the years ahead, especially from the offshore blocks.
With the display of modern technology and equipments in this dynamic petroleum and gas industry, it is expected that, the event will serve as the window for further developments and growth of the market in the region, making U & D Expo the ideal place for concluding contracts, equipment delivery, as well as, expansion of companies’ potentials.
The conference segment will pay attention to methods to tap the huge benefits accruing from oil and gas resources, reserves and high hydrocarbon production.
The conference will also discuss topics on how to reshape government energy policies and legislations such as the Petroleum Industry Bill, PIB and the Nigerian Content Act 2010, with a view to expanding Exclusive Economic opportunities, Exploration zones, Licensing of Operators in West African Countries.
Accordingly, oil and gas experts from across the globe have indicated interest to present papers and facilitate discussions on several topics, which will be published before the take-off of the event.
Benefits of attending
By participating in the West African Exhibitions and Conferences, you will not only be part of the event and concluding contracts, but will also:
*Have direct access to principal oil and gas companies’ decision makers
*Network with practitioners who influence key decision makers and leading buyers and sellers of Equipments and technology products
*Discover new softwares and technologies to boost operations
*Learn from leading experts in our conference segments addressing new acts and legislations
*Benefit from advanced learning opportunities through detailed case study
*Interact in group problem solving sessions with IOGCs (International Oil and Gas Companies) – raise your company’s profile and win contracts
*Participate in exclusive functions with technology experts, governmental officials, regulators and senior IOGC members
*Discuss and advance upcoming projects by exchanging business ideas with future development.
Attendance is free to all oil and gas industry major players, as well as government functionaries from West African States.