May 21 2010
Conference: INDIA DRILLING & EXPLORATION CONFERENCE 2010 (IDEC 2010) (India)
UNDERSTANDING DEEP WATER IN INDIA, 20th & 21st May 2010
Despite the current scenario of economic uncertainties, the demand for oil and gas will continue to grow without a background of significant alternative energy sources in the near future. Oil industry is challenged to develop and deploy technologies that will allow the new frontier for offshore development. Forecasts show that in the Asia Pacific region, 42 floating production units will be deployed by 2012. This is the largest number of units for any geographical region.