Oil and gas firms to forge new links at Dhahran show

23/11/2014 04:58 AST

Prince Saud bin Naif, governor of the Eastern Province, will patronize the sixth Saudi International Exhibition for Oil and Gas, starting in Dhahran on Monday.

Dhahran International Exhibitions Company is organizing the event on Monday.

Company CEO Muhammad bin Hamad Al-Hussaini said that several officials, investors and interested members of the business sector will take part in the exhibition.

He said that the exhibition is part of the company’s efforts to develop the oil industry. The show is attracting a large number of national and international oil companies and major operating companies. Economic and commercial and attachés from foreign missions in the Kingdom have also expressed interest in the event, said the CEO.

The exhibition provides an important platform for companies, distributors and suppliers in the oil sector.

Al-Hussaini said: “The exhibition reviews, through its activities, the latest products in all fields of the oil industry. The main challenges facing the sector in addition to many solutions that have contributed to raising the level of performance and improving the services related to it are also being analyzed, he said.

The exhibition aims at boosting investments by attracting more capital that will contribute to the launch of several projects in vital national industry sectors that characterize the province. He said that the company has allocated an area of 7,200 square meters for the three-day exhibition.

Organizers expect the show to draw more than 10,000 interested visitors because participating companies are key players in the oil and gas industry.

The previous exhibition attracted more than 9000 interested visitors including investors. He also said that the exhibition is characterized by the participation of many companies that present different and distinctive ideas to the visitors and those who are keen to study the latest developments in the oil and gas industry. International companies will present their ideas and products to customers in the local market with a view to transferring technology. They will also seek new channels for investment.

Officials say the event gains added significance as a number of giant industrial projects are being carried out in Jubail and Yanbu. According to data made available to Arab News, the total value of these projects exceeds SR400 billion.

Arab News