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World News | June 2011

Oil and gas to account for 83 per cent investments in GCC

Arab Oil & Gas (AOGS) 2011, the premier biennial showcase for the region's oil, gas and petrochemical industry, has so far confirmed attendance of over 150 suppliers of equipment, services and technology to support the growth and development within the sector in the Middle East.

With oil and gas estimated to account for 47 per cent and 36 per cent respectively of the $470 billion energy investments in the GCC from 2010 to 2014, AOGS is poised to serve as the ideal networking platform for key players in the oil and gas industry to discuss opportunities that have now emerged in the region.

The event will be attended by technology vendors and global suppliers in the oil and gas sector, who will be demonstrating their latest innovations and launching new products and technology, while seeking opportunities to sign contracts with regional distributors and agents. The event will also host in-depth discussions about market trends and provide a platform to learn about tender opportunities and network with industry players already trading in the region.

The event will run from 18 to 20 September 2011 with over 300 exhibitors from over 25 countries. Another feature of the event is the oil and gas job fair where the focus is on training, professional development and employment within this sector.
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