Understanding scope of new projects, trends and technologies in the Asia-Pacific offshore support vessel (OSV) industry

As part of IQPC global offshore series, Oil and Gas IQ will be holding our inaugural Asia-Pacific Offshore Support Vessels Summit, 2013 conference in Malaysia at the Prince Hotel & Residence Kuala Lumpar, Malaysia, 27-28 February, 2013.

Global deepwater capex is forecasted to reach $62 billion by 2015 from ~$22 billion in 2010, indicating a CAGR of ~23% indicated a report published by Clarkson’s. This would mean building additional offshore infrastructure to support offshore drilling activity. The global Offshore Support Vessels (OSV) market will witness growth over the next the five years as key performance indicators such as offshore capex, number of wells to be drilled and new platform installations scheduled are all set to increase.

Within Asia, higher energy needs will lead to increased offshore activities and the quest for deep water activity has brought with it the need for OSVs with DP capabilities, and rig deliveries have kicked up the need for more sophisticated OSVs. Today, the shipping industry has an annual CO2 emission level equivalent to that of the entire nation of Germany. In the past, shipping was “exempt” from emissions legislation since it was international and therefore difficult to regulate.

However in the current climate, all OSV operators need to be aware of the environmental considerations involved in running their fleets. Hence given an increase in OSV requirements and the need of meeting international environmental norms, it will be essential that OSVs are designed, built and operated in a sustainable manner to meet environmental and maritime regulatory requirements.

The Asia-Pacific Offshore Support Vessels Summit 2013 will provide a unique opportunity to enable you to achieve these requirements while creating business opportunities by bringing together the entire OSV marine ecosystem in the region.

Benefits of attending Asia – Pacific Offshore support Vessel 2013

An update on current and upcoming projects from oil & gas companies to determine OSV needs and technical requirements

Reduce your operational downtime with better management of offshore logistics and OSV operations

Avoid legal implications by becoming well versed with Maritime regulations and contract drafting

14+ presentations from regional players in the Offshore Support Vessels Industry

-Over 5 hours of speed networking opportunities providing you with the opportunity to interact with E&P and OSV owners and operators from across Asia.

Asia-Pacific OSV 2013 will Discuss:

Reviewing growth and investment in global markets such as the Europe, Middle East, Western Africa and Latin America

Latest hull designs for performance in calm and rough seas to gain higher fuel efficiency

Advantages of deploying multipurpose vessels for offshore operations

Evaluating the strengths and weaknesses of ship (OSV) building facilities in Asia

And many more..

It is understood the Cayman Islands will be sending a delegate to the Asia-Pacific Offshore Support Vessels Summit, 2013 conference.

For more information go to:

http://www.offshoresupportvesselsasia.com/Event.aspx?id=842982