ECONOMY


Caspian Oil & Gas 2016 exhibition opens in Baku

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Baku, June 1 AZERTAC 

“Caspian Oil&Gas 2016 brought together 240 companies from 30 countries including Azerbaijan, Belgium, Spain, Italy, Kazakhstan, China, the Netherlands, Poland, Portugal and others.

Caspian Oil&Gas 2016, the 23rd international exhibition and conference is the largest energy sector event in the Caspian region. Over more than two decades, the exhibition has been recognised as the platform for establishing reliable business relationships, closing valuable contracts and successfully implementing projects. Each year, the exhibition is attended by more than 10,000 local and international professionals. The annual participation of Ilham Aliyev, President of the Republic of Azerbaijan, in the exhibition’s opening ceremony testifies to its high status. The Ministry of Energy and the State Oil Company of the Republic of Azerbaijan (SOCAR) both show invaluable support for Caspian Oil&Gas. The exhibitions and conference are organized by Iteca Caspian and its partner ITE Group.

The event’s status is reaffirmed by its line-up of leading Azerbaijani companies and leaders in the oil and gas industry sponsoring the exhibition and conference. Traditionally Caspian Oil&Gas 2016’s General Sponsor is SOCAR, the Gold Sponsors are BP and Petronas, and the Silver Sponsor is Bos Shelf. Among other sponsors are Azeri M-I Drilling, Caspian Marine Services, Caspian Drilling Company, Global Energy, GMS, AZFEN J.V., Hydromashservice, RussNeft, SOCAR Polymer, Tekfen Construction. The General Media Partner is Caspian Energy International Media Group. Caspian Oil & Gas Exhibition is also supported by the leading local and foreign news agencies, magazines and trade publications.

Exhibiting companies present a wide range of equipment, services, innovative technologies for oil production and transporting energy resources, storage systems for oil and gas, platforms and floating drilling rigs, pipe laying and pipe security systems, and services. A series of stands present technologies for fuel purification and production, from raw materials to the finished product. A large area is dedicated to companies offering raw materials for the chemical industry and chemical production.

More than 40 speakers, including leading experts, representatives of government bodies, and directors of major oil and gas companies from various countries, will speak on key issues in producing, managing and transporting energy resources amid low oil prices.

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