‘Bottom of Barrel Technology’ conference, exhibition opens
Manama : Oil Minister Shaikh Mohammed bin Khalifa Al Khalifa yesterday opened The Bottom of the Barrel Technology Conference series themed “The best solutions to raise the utilization level of petroleum waste”
The minister also opened the exhibition and met a large number of officials from different companies around the world.
The inaugural ceremony was attended by the CEOs of the national oil and gas companies and a number of affiliates of Gulf oil companies and global presence of experts and engineers and those interested in the various aspects of the oil industry from different countries of the world, to discuss the technological processors fuel oil remaining in the oil industry.
The event is organized by Euro Petroleum Consultants and Bahrain Petroleum Company (Bapco) in cooperation with the National Oil and Gas Authority (NOGA). There will be large support from the international oil companies in the Gulf and in the presence of a large number of experts and engineers and those interested in the various aspects of the oil industry from different countries of the world.
The minister in his speech expressed his sincere thanks and appreciation for the efforts and support from Bahrain’s government in providing the highest levels of support for such events and for supporting the ongoing sustainable development in the Kingdom of Bahrain led by His Majesty the King, in the areas of knowledge sharing, exchange of experiences and constructive participation in strengthening capacity and skills and raise the efficiency of the human element in this important sector and other relevant sectors. The minister said he was honoured for choosing the Kingdom to host this event for the second instance, in regards to the good reputation enjoyed by the Kingdom of Bahrain at the international level in the conference and events industry specialized in this vital area.
The minister said that the oil refineries are looking for low-cost projects with high returns projects, such as removing bottlenecks and improving the infrastructure, production and competitive products.
The minister confirmed that these restrictions pose a challenge to the refineries, which requires planning for what action should be taken regarding the oil residues high in sulphur content, which can no longer be combined in the fuel of the vessels, which need oil refineries to work quickly and take investment decisions on the treatment of the residual oil. In order to cope with increasingly stringent legislative and environmental regulations for this industry, looking forward to reaching solutions to make the remaining oil possible and economically-feasible and environmentally-friendly.
The conference sessions witnessed the accompanying exhibition on consecutive days, the participation of many oil research centres of the national oil companies in the Gulf and international region with active participation from a number of major international companies and its licensors (Licenser) in the area of catalytic materials and processes of the hydrogen treatment of oil residues and companies from the Gulf Cooperation Council member States represented in the Saudi Aramco and Bahrain Petroleum Company (Bapco) and other firms.
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