2nd Asset Integrity and Process Safety Conference to focus on the US$652bln worth of oil and gas projects in MENA

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Gulf
  • Date: 21-Apr-2022
  • Source: Zawya
  • Sector: Oil & Gas
  • Country: Gulf
  • Who else needs to know?

2nd Asset Integrity and Process Safety Conference to focus on the US$652bln worth of oil and gas projects in MENA

As oil and gas and petrochemical sectors are capital intensive, maintaining optimal performance levels are critical to sustain profitability. Asset integrity and process safety are strongly interrelated and of significant importance as they play a key role in anticipating and preventing events in advance and recommend appropriate action plans for optimal performance. It is always critical to have safe and smooth operations of oil and gas facilities and installations, from oil fields and offshore platforms to pipelines and refineries.

Countries in the MENA region are planning to add 2 million b/d of refining capacity by the end of 2022. More than US$200 billion is expected to be ploughed into new refining and petrochemicals ventures in the GCC by 2025.

Leila Masinaei, Managing Partner, Great Minds Event Management, the organiser of the 2nd Asset Integrity and Process Safety Oil & Gas Conference, says, “The world, especially the MENA region, has huge projects going on in the Oil and Gas industry in the coming years. To maintain safety and environmental standards will be a big challenge for the industry players with US$652 billion worth of oil, gas and petrochemicals projects planned across the region.

“The 2nd Asset Integrity and Process Safety Oil & Gas Conference