Next Generation Oil & Gas Summit APAC 2011

The price of oil is as good a barometer as any when measuring the state of the world economy and as oil prices are soaring once more, it's fair to say that the economic recovery looks like it's truly underway.

The APAC region with the energy hungry countries of China and India in particular are placing huge demands on the world's energy resources and it's no surprise that China continues to be a priority for many of the world's leading international oil and gas companies as everyone scrambles to take advantage of the regions thirst for resources.

Despite the increase in need for oil and gas imports, the production of both oil and gas in Asia Pacific will grow substantially in the next 10 years. Between 2010 and 2020, Asia Pacific's oil and gas production rates are forecast to increase at AAGRs of 1.5% and 4.3%, respectively and there is an urgent need for the region to maximize their own resources.

APAC with its desire for additional sources of oil and natural gas presents tremendous opportunities for leading technology and services companies who are actively looking to target this exciting region.

The Next Generation Oil & Gas Summit APAC is designed specifically with the E&P industries in mind – to assist forward-thinking senior executives to meet these challenging demands.

The Next Generation Oil & Gas Summit APAC will serve to bring together oil and gas end-users who are currently investing in innovative solutions that will positively impact their bottom line and solution providers who will need to position themselves at those precise investment hot-spots in order to reap the benefits.