Iraq to Emerge In Near Future as Major Oil Producer: The Role of Kurdistan in the Renaissance of Iraq
The conference was the first event of its kind and it showcased Iraq and the Kurdistan region as the last frontier for oil exploration and emphasized how Iraq needs to maximize revenues in the shortest possible time to overcome the legacies of recent decades.
More than 27 distinguished Ambassadors and senior diplomats represented their countries at the conference. The Turkish Ministry of Energy was represented by the Senior Energy Deputy Minister who spoke about Turkey's position in the energy world. Turkey's Genel Enerji was among the first oil companies to enter Kurdistan.
The former BP chief executive and now CEO of Vallares, Tony Hayward, spoke of Kurdistan as one of the last great frontiers and highlighted the region’s resource potential.
Kurdistan Iraq Oil & Gas Conference, described by Britain's Minister of Energy Charles Hendry as “an invaluable opportunity for the many UK businesses” was sponsored by Gulfkeystone, Dana Gas, Genel Enerji, DNO, Marathon Oil, Repsol, Kar Group, Oil and Gas Management Services, Iraq Oil UB Holding, Addax Petroleum, Afren, OMV, Oilserv, MOL, General Exploration Partners, Hess, Talisman Energy, Western Zagros, KS Drilling, VIKING, Range Energy Resources, Garda World, Mubadala and hundreds of other companies.
Charles Hendry also announced that “As the country with greatest potential for increasing conventional oil production in the medium term, the trajectory of Iraq’s future oil and gas production is of considerable importance to global energy markets and security.”
H.E. Barham Salih, Prime Minister of Kurdistan KRG – Iraq also referred to the event in his speech: “Holding such a conference in Kurdistan was beyond anybody's dream, it was unimaginable to say, the least” and thanked CWC Group for working to organize this conference.
The conference ended with the last session led by H.E. Dr Ashti Hawrami, Minister of Natural Resources, KRG-Iraq and Michael Howard, Minister’s Communications Advisor who highlighted the positive message that the conference reflected to the Investors, and announced that CWC will be organising the 2nd Kurdistan Iraq oil and gas conference next year in November.
The CWC Group are renowned world experts in oil, gas, power, telecommunications, infrastructure and investment sectors, particularly in emerging markets. We have a wealth of knowledge, offering top-level strategic events around the world.
We work closely with many governments, NOCs and international corporations to highlight the key issues and challenges facing the global energy industry. CWC operates globally and over the past 13 years, our gatherings have become widely acknowledged within the industry for their quality, prestigious level of government officials and senior corporate delegation.
Regent House, Oyster Wharf 16-18 Lombard Road London SW11 3RB
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Iraq to Emerge In Near Future as Major Oil Producer: The Role of Kurdistan in the Renaissance of Iraq here
News-ID: 203893 • Views: 1656
More Releases from CWC Group
Soma Oil & Gas Exploration Ltd announces sponsorship of the CWC’s 2nd Somalia …
Soma Oil & Gas Exploration Limited, the Somalia-focused oil and gas exploration company, is pleased to announce it will be sponsoring CWC’s Somalia Oil & Gas Summit for the second year running. Following the success of the inaugural event last year, the Somalia Oil & Gas Summit 2014, organized by the CWC Group, will be taking place on 20 October 2014, at the Jumeirah Carlton Tower, Cadogan Place, London,
Progress of Iraqi Integrated National Energy Strategy to be analysed at Iraq Pet …
(09 March 2014, London, UK) Following the creation of the Iraqi Integrated National Energy Strategy last year, the Iraqi Government has set itself the task of fulfilling the strategy’s detailed plan by the year 2033. Though focused on Iraq’s long term future, many changes are required to be made in the short term in order to reach key milestones. The progress of the implementation of this landmark strategy will be
More Releases for Iraq
ISO Certification In Iraq – Press Release
We are glad to inform you all that we have resumed our services in Iraq for ISO certification Consultation and Audit. Why ISO Certification In Iraq? The government and the private sector will give more importance to companies that are located in Iraq which will adopt the ISO standard. The company will benefit from substantial cultural, intellectual, and economic value through ISO certification within Iraq. The development of infrastructure in Iraq is closely
Iraq Real Estate Expo 2019
A New Breath in the Iraqi Market; IRAQ REAL ESTATE EXPO!!! Iraq Real Estate Expo 2019: International Real Estate & Investment Exhibition is organized by Elan Expo will take place on 25-27 April 2019 at Baghdad International Fair Ground at Baghdad, Iraq. THE EXPECTANT EXPO; IREXPO Iraq which is located in a strategic place in the Middle East has around 39 million populations. With the 193 billion dollars GDP; Iraqi people are
Mega Clima Iraq HVAC Expo 2019
4th Iraq Hvac Expo 2019: International Air Conditioning & Refrigeration Exhibition is organized by Elan Expo will take place on 25-27 April 2019 at Baghdad International Fair Ground at Baghdad, Iraq. IRAQ – THE MEETING POINT OF MANIFACTURERS In recent years, Iraq is one of the most preferable states in the construction sector through the Middle East. International investors are inclined to make investment to the country which is very rich
Iraq Radio Live ( Online Radio )
Iraqi Live Radio is created to accommodate our users expectations, concerning to the development of pioneering technologies. The following application is compatible with iPhone, iPad and iPod touch meanwhile is very easy to use. This is a wireless telegraphy which broadcasts advanced Radio Stations available from all over the globe. Iraqi Live Radio is a free application which provides you with the striking opportunity to listen to your favorite music,
Iraq Petroleum 2012: Positioning Iraq on the World Energy Map
Iraq’s oil exports have reached the highest records in decades. Crude oil exports averaged 2.508 million bpd in April 2012 due to the opening of two new floating terminals, easing export constraints. The Iraq Petroleum 2012 Conference will address this recent increase in crude oil exports, in a key session titled ‘Positioning Iraq on the World Energy Map’ led by members of the Iraqi Government, including: H.E. Thamir Ghadban; H.E.
Minister of Communications for Iraq Confirmed as Opening Keynote Speaker at Iraq …
The CWC Group has confirmed H.E. Mohammed Tawfik Allawi, The Minister of Communications for the Iraqi Government will present the opening keynote address at Iraq Telecoms 2012, taking place on 12- 14 November in Istanbul, Turkey. He will discuss the role of the Iraqi telecommunications industry as a key driver for economic growth, and will provide an overview of the current status of the telecoms sector in Iraq. In its