3rd Annual Production Optimzation Middle East 2012

IQPC is pleased to announce the upcoming 3rd Annual Production Optimization Middle East Summit taking place in Kuwait from 19 - 22 February, 2012. In the period of rising demand and ever more expensive production, the oil & gas industry is under increasing pressure to seek innovative ways to economically produce from depleted and early-life reservoirs.

While discovery costs have declined by as much as 75% over the last 20 years, development and production costs have as much as doubled in the same time frame. As a result, operators are now changing the focus and emphasis. Oil companies are seeking modern ways to prolong the productivity of mature fields.

The 3rd Annual Production Optimization Middle East Summit will bring together global experts and regional leaders to discuss and share experiences, up-to-date solutions and essential strategies to fully capitalize on the potential of reserves, maximize revenues and meet the economy’s growing demand.