The world has stepped in an era where easy oil extraction is no longer a viable option due to several factors, from environmental aspects, complexities in oil and gas operations to risks of undesirable chemicals development that cause scale and corrosion. These challenges put high pressure on the oil and gas industry especially with the rising global demand for oil and gas and the increasingly strict environmental regulations towards oil and gas production. With so much at stake, the oil and gas industry has prioritized the need to utilize innovation, advanced technologies, and techniques to increase the production optimization of oil in the most efficient and cost-effective methods.

State-owned KPC announced its intention to increase oil production capacity to 4.75 million barrels per day by 2040. The country’s vision for production capacity has made it necessary to invest in solutions that will aid production optimization and avoid supply shortages in the future. State of the art techniques and industry 4.0 technologies, such as automation, big data, cloud computing, digital twin and IIoT are crucial to rejuvenate and revitalize Kuwait aging oil fields. To meet the demand of the era, Kuwait is embracing the challenge of digitalization. This pivotal objective requires research and implementation of global best practices to enhance production optimization of well facilities and reservoirs.

The Production Optimization Oil and Gas Conference will take place on 6 – 7 November 2023 in Kuwait. A gathering of production optimization experts, oil and gas production leaders, scientists, and technology pioneers who will explore new realm of possibilities that will transform the basic conception of oil and gas extraction and welcome a data-driven approach in achieving production optimization. The Conference includes a pre-conference technical workshop on the 18th of June, which will bring forth best practices and latest discoveries, insights, and unravel versatile solutions that will achieve optimal production procedures and operations.

📌 WHY ATTEND?

➔ Explore the latest emerging technologies

AI, digital twin, automation, ML, IIoT, are only a few of the technologies that will be explored at the conference to assist your organization in its digital transformation journey. Hear from leading companies who have adopted these technologies and learn from their insights.

➔ Get access to top insights and solutions for today's challenges

Learn how technical production challenges are studied and tackled by top oil and gas leaders and identify how you can reflect and customize the solutions for your organization’s requirements.

➔ Apply best practices and lessons gained in production optimization as it develops

Industry expert speakers will bring forth innovations and case studies on how to extract oil and gas in the most effective and efficient manner. Insights gathered through years of experience will unravel the opportunities you have to minimize risks of failure and reduce costs.

➔ Expand your network and enhance your communication

Indulge in exclusive conversations with top-performing oil field leaders and production optimization heads and get a closer look at how they work to achieve optimum production rates while considering safety, environment, and operational excellence.

📢 Whitepaper: Pumping New Life into Oil Fields

This whitepaper is filled with insights for optimizing your oil and gas production, including:

Whether you’re a small independent producer or a large multinational corporation, our whitepaper is packed with insights that can help you unlock your production potential.

DOWNLOAD NOW