ADCO leads forum on maximising value of marginal oil fields

Abu Dhabi, Feb 7, 2010 (WAM)- Abu Dhabi Company for Onshore Oil Operations (ADCO) is set to lead a technology forum titled, 'Innovative Development Solutions for Marginal Fields. This event will be attended by some of the world's major oil players and will take place from 8th to 10th February in Abu Dhabi. The challenges of developing and maximising output of marginal and remote fields in the UAE will be discussed.
Held under the patronage of ADNOC and its Group of Companies, participants in the Forum will hear about the latest technologies from the world's leading oil companies and oil industry service providers. The aim is to discuss and share experiences in innovative field development techniques to maximise the value and outcome from marginal fields. ADCO's objective is to further advance its capabilities in field developments to optimally tap into the difficult oil to align with Abu Dhabi emirate's aspiration to increase and sustain its current production.
The Forum will bring together more than 140 participants including representatives from BP, Shell, TOTAL, ExxonMobil and Partex, in addition to local and regional oil companies and service providers.
The forum to be launched with introduction by ADCO's General Manager will provide a platform for discussions that will cover the entire spectrum of challenged and difficult oil developments, from surface facilities design to subsurface technologies such as drilling and stimulations techniques, including discussions on full life cycle economics.
The forum is designed to deliver practical and economical solutions through discussions and workshops.