The Monetising Mature Fields 2014 Summit, taking place in Dubai on 28th-29th October, counts the Mature Field Development Regional Manager (Middle-East and Caspian) from OMV E&P among its expert speaking faculty.
London (PRWEB UK) 7 August 2014
IRN is pleased to announce that the Mature Field Development Regional Manager (Middle-East and Caspian) from OMV E&P, one of the world’s best operators of mature fields with high recovery rates of 30 to 60 percent, will join the panel of experts speaking at the Monetising Mature Fields 2014 Summit, taking place in Dubai on 28th-29th October.
Walter Ondracek from OMV will assess how the global oil operator managed to achieve top international benchmarks on recovery rates by applying the latest technologies.
Furthermore, the two day senior level forum will include international case studies from:
- Bob Alford, Senior Manager at Maersk Oil; The Denmark registered E&P company is continuously looking for new ways to maximise the production of its mature fields. An interesting example of the company’s activities is the case in the North Sea where Maersk has redeveloped a field to produce an additional 45 million barrels of oil in 5 years.
- Adel Hammouda, Senior Reservoir Engineer at Qatar Petroleum; As the world’s third largest oil company, QP announced a redevelopment program for its oil fields using the latest cutting-edge technology and powerful computer modeling and processing. The $11 billion investment plan to double offshore field Bul Hanine’s oil production reflects the significant extent of the strategy.
- Maamar Djarir, Production Operation Geologist at Sonatrach; Algeria has always been prioritising the redevelopment of the largest mature fields in the country and the national oil company, Sonatrach is now looking to attract foreign investment in the EOR schemes of mature oil fields.
Furthermore, IRN is proud to announce that solar thermal energy provider Solarlite CSP Technology has joined the Monetising Mature Fields 2014 Summit as its new Gold sponsor. The event is also supported by the Arab Business Club, the networking platform for the Arab business community; and Cedigaz, the international gas association.
More information on the Summit is available on the website http://www.matureoilfields.com.