Asia Oil & Gas Conference (AOGC) is the most anticipated conference by the industry. It has grown to be a well-known platform where the renowned movers, captains, influential leaders, key decision makers as well technology experts gather in a superior quality of conference. As the collapsing of oil price since mid-2014, the players had undergone massive restructuring and planning. Many believe that the industry is now ready to pick up with the new norm of oil price. Very exciting and challenging year indeed!
The Asia Oil & Gas Conference will take place this 7 - 9 May 2017 in Kuala Lumpur Convention Centre, and of course proudly hosted by PETRONAS with the powerful support of International Conference & Exhibition Professionals (iCEP) as the organizer.
Check their conference rundown HERE.
AOGC 2017 brings numbers of excitement this year and here are the 3 reasons why you should attend this event:
1) AOGC 2017 Esteemed & Notable Speakers
Starting strong on 8 May 2017, AOGC is honored to have H.E Khalid Al-Falih, Minister of Energy, Industry & Mineral Resources, Kingdom of Saudi Arabia to have a State of the Industry Address highlighting on the industry’s outlook: economy, geopolitics, and policies.
For those who missed their conference registration, you may drop by for onsite registration at Banquet Hall, Level 3, East Wing, Kuala Lumpur Convention Centre from 7 to 9 May 2017.
2) Exhibition - Global Industry Players
With the proven ability to provide satisfaction and vibrant showcase over series of occasions, AOGC 2017 is set to be the best edition ever. The event promises a showground full of business and networking opportunities. Exhibitor list are as below:
3) Virtual Reality for Oil & Gas by NrgEdge
Virtual Reality is phenomenal these days. One of the exhibitors, NrgEdge; the new dedicated networking platform for Energy Industry, has come up with their own content on Virtual Reality Modules for Oil & Gas Industry with 12 different options. It’s not just a 3D Simulation Model, it’s IMMERSIVE!
With that, AOGC 2017 is truly an awaited event of the year. I’m pretty sure that iCEP & PETRONAS are very excited to see their innovation-driven conference, a distinctive networking platform and exclusive range of high-quality exhibition running well on this three phenomenal days in Kuala Lumpur.
May everything goes as planned. See you in AOGC 2017!
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Tyre market in Bangladesh is forecasted to grow at over 9% until 2020 on the back of growth in automobile sales, advancements in public infrastructure, and development-seeking government policies.
The government has emphasized on the road infrastructure of the country, which has been instrumental in driving vehicle sales in the country.
The tyre market reached Tk 4,750 crore last year, up from about Tk 4,000 crore in 2017, according to market insiders.
The commercial vehicle tyre segment dominates this industry with around 80% of the market share. At least 1.5 lakh pieces of tyres in the segment were sold in 2018.
In the commercial vehicle tyre segment, the MRF's market share is 30%. Apollo controls 5% of the segment, Birla 10%, CEAT 3%, and Hankook 1%. The rest 51% is controlled by non-branded Chinese tyres.
However, Bangladesh mostly lacks in tyre manufacturing setups, which leads to tyre imports from other countries as the only feasible option to meet the demand. The company largely imports tyre from China, India, Indonesia, Thailand and Japan.
Automobile and tyre sales in Bangladesh are expected to grow with the rising in purchasing power of people as well as growing investments and joint ventures of foreign market players. The country might become the exporting destination for global tyre manufacturers.
Several global tyre giants have also expressed interest in making significant investments by setting up their manufacturing units in the country.
This reflects an opportunity for local companies to set up an indigenous manufacturing base in Bangladesh and also enables foreign players to set up their localized production facilities to capture a significant market.
It can be said that, the rise in automobile sales, improvement in public infrastructure, and growth in purchasing power to drive the tyre market over the next five years.
Headline crude prices for the week beginning 14 January 2019 – Brent: US$61/b; WTI: US$51/b
Headlines of the week
GEO ExPro Vol. 15, No. 6 was published on 10th December 2018 bringing light to the latest science and technology activity in the global geoscience community within the oil, gas and energy sector.
This issue focusses on frontier exploration, downhole acquisition tools and how we can collaboratively increase the efficiency of the exploration and production of oil, gas and energy resources. With a geographical focus on the Gulf of Mexico, this issue provides a lesson on the carbonate geology of the Florida Keys and details coverage of newly improved tectonic restorations of the US and Mexican conjugate margins which have enabled enhanced mega-regional hydrocarbon play and reservoir fairway maps of the region.
You can download the PDF of GEO ExPro magazine for FREE and sign up to GEO ExPro’s weekly updates and online exclusives to receive the latest articles direct to your inbox.
To access the latest issue, please visit: https://www.geoexpro.com/magazine/vol-15-no-6