The Kuwait oil and gas summit has begun on 11th April 2016 at Jumeirah Messilah Beach Hotel Kuwait City, Kuwait. Kuwait Oil and Gas Summit & Exhibition is a 3 day premier event in Petroleum, Oil & Gas industry, being held from 11th April to the 12th April 2016 in Kuwait City, Kuwait. Contracts worth $55 billion are expected to be signed in 2016 making it an outstanding opportunity for current and future investors.
The 4th Kuwait Oil & Gas Summit 2016 has confirmed participation and support from the Ministry of Oil and KPC & its subsidiaries and will provide an unrivalled chance to ask directly how Kuwait is adapting and innovating in this changing energy world.
The job industry looks at the summit hopefully as many new projects will be announced during the event which will give added push to the already booming job market. 1000s of new job openings will show up once the contracts are signed and fast paced recruitments will happen around the country throughout the oil and gas related industries.
The event exhibits all areas of the energy sector including; Exploration & production, Onshore and offshore technology, Transportation and pipelines, Drilling and completion, Various oilfield services and equipment, Gas detection and processing, LNG production, transportation & storage, Seismic and geophysics, Automation and measurement systems, Refining and petrochemicals, Ecology, Water treatment, Specialized education.
The oil summit gets global attention as Arab countries are now passing through a historical oil price fall. The measures, strategies and technologies evolved in the summit may help to boost the oil industry. Several hundreds of jobs are expected to be generated in the subsequent sectors as a result of new growth in the industry.
The most established and longest-running event in the country, Kuwait Oil & Gas is endorsed by the CEO of Kuwait Petroleum Corporation and supported by the Ministry and KPC subsidiaries. Designed and led by the industry itself, Kuwait Oil & Gas aims at challenging the status quo, by encouraging open and frank dialogue where no questions remain unanswered by key-decision makers in the industry.
Investors are finding it as an opportunity to grab the optimum opportunity to enter into the vast Oil & Gas industry in Kuwait.
