Iraq Mega Project Conference to Highlight Investment Opportunities
The 4th Iraq Mega Projects Conference taking place from Sept. 30 to Oct. 2 in Dubai, United Arab Emirates, will facilitate investment in Iraq's hugely promising oilfield sector.
The event, organized by the CWC Group, is set to bring together stakeholders from across the value chain, mainly from the oil and gas sector, to identify project and infrastructure investment opportunities in support of oilfield production in Iraq. It also aims to bring international and national oil companies to a single platform to identify project and infrastructure investment opportunities to support oilfield production.
The only Iraq focused oil and gas event in Dubai, organized under the Royal Patronage of HH Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, will discuss the improvements that have already been made over the past two years in the key areas of logistics, recruitment and Corporate Social Responsibility. Developed with the guidance of a steering committee of international experts, the two day Conference will identify project and infrastructure investment opportunities, latest field developments and identify best practice case studies on some of the toughest operational challenges.
The first session of the conference will be entitled “Optimising Iraq’s Oil Field Development: Reviewing the Scale, Technologies & Next Steps,” where Dr. Mehdi Hafedh, chairman of Progress Institute for Development Policies and Former Minister of Planning, will deliver the opening speech of the conference.
Other Key note speakers at the event will include Dr. Adnan Janabi, Chairman of the Oil & Gas Committee at the Federal Parliament of Iraq, Ali Al-Mashat, Advisor, Advisory Commission Iraq Prime Minister's Office, and Ali Alwash, general manager at State Company for Oil projects.
The second panel session will be entitled “Oil Field Showcases: Sharing Success Stories, Challenges & Future Plans”. In this session, panelists will shine light on forecasting future requirements in order to determine capacity expansion, as well as development plans and lessons learnt from field operators, in addition to an update on South Oil Company’s “Common Seawater Supply Project” and how the role is optimizing field development.
During the second day of the conference, a breakfast about Provinces Investment, spotlighting infrastructural needs of an Iraqi Province will take place early in the morning. In addition to the breakfast, day two of the event will highlight port logistics in Iraq and look for dynamic solutions of the industry.
Iraq Mega Projects Conference Producer, Natalie Bacon commented: “There are many companies with best practice and innovative solutions. Iraq Mega Projects will be a platform to showcase these success stories and uncover how they were achieved. You will hear testimonials of what has and hasn't worked so you can immediately improve your business operations in Iraq.”
Prior to the conference, an interactive workshop hosted by Eversheds and Aon Global Risk Consulting. The theme of the workshop is “Doing Business in Iraq: Commercial & Legal Knowhow”. The workshop aims to facilitate effective judgment calls for investors’ business by understanding the key commercial and legal considerations when doing business in Iraq.
The workshop will also cover topics related to key considerations when doing business in Iraq, and will give an overview of oil and gas opportunities and contracts in the war-torn country. It will also cover issues regarding contracting with the government of Iraq and what the impact of investment law and government procurement rules are on business, along with choosing the correct forum for resolving disputes either in local or international courts or arbitration.
On the sideline of the conference, an international exhibition will be held to showcase the latest technologies to senior Iraqi professionals, contract holders and the service industry, which are all looking to build partnerships. The exhibition will see stands occupied by IOCs, Independents, EPC contractors and service companies.
Bacon further stated: “From all stakeholders in the Iraq Mega Project value chain, to new entrants to established companies and operators to sub-contractors, there will be knowledge-sharing of lessons learnt and a wealth of exciting networking”.
The event also offers an excellent opportunity for networking with industry peers, and high level executives to better understand the business environment in Iraq, and what it takes to be successful in the country.
Rigzone is the official recruitment partner for the event. Visit our pavilion to interact with major operators and service companies recruiting into Iraq’s mega projects.
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