
Production Optimization O&G Conference
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Technical Workshops is on June 18, 2023
The world has stepped in an era where easy oil extraction is no longer a viable option due to several factors, from environmental aspects, complexities in oil and gas operations to risks of undesirable chemicals development that cause scale and corrosion. These challenges put high pressure on the oil and gas industry especially with the rising global demand for oil and gas and the increasingly strict environmental regulations towards oil and gas production. With so much at stake, the oil and gas industry has prioritized the need to utilize innovation, advanced technologies, and techniques to increase the production optimization of oil in the most efficient and cost-effective methods.
State-owned KPC announced its intention to increase oil production capacity to 4.75 million barrels per day by 2040. The country’s vision for production capacity has made it necessary to invest in solutions that will aid production optimization and avoid supply shortages in the future. State of the art techniques and industry 4.0 technologies, such as automation, big data, cloud computing, digital twin and IIoT are crucial to rejuvenate and revitalize Kuwait aging oil fields. To meet the demand of the era, Kuwait is embracing the challenge of digitalization. This pivotal objective requires research and implementation of global best practices to enhance production optimization of well facilities and reservoirs.
The Production Optimization Oil and Gas Conference will take place on 19 – 20 June 2023 in Kuwait. A gathering of production optimization experts, oil and gas production leaders, scientists, and technology pioneers who will explore new realm of possibilities that will transform the basic conception of oil and gas extraction and welcome a data-driven approach in achieving production optimization. The Conference includes a pre-conference technical workshop on the 18th of June, which will bring forth best practices and latest discoveries, insights, and unravel versatile solutions that will achieve optimal production procedures and operations.