Welcome from the Executive Committee Chairs
On behalf of the Executive and Programme Committees, we are pleased to welcome you to the eighth SPE Annual Caspian Technical Conference (CTC). This year, due to the continuing uncertainties surrounding the global pandemic, we will be transitioning to a virtual format. Despite this change, the objectives for holding the conference will continue to be about bringing together oil and gas professionals in Azerbaijan and the Caspian region to discuss the latest technical developments and to promote the region as a hub for technical innovation and expertise in the oil and gas sector.
The oil and gas industry has experienced highs and lows in recent times but the challenges it has faced over the last year have been unprecedented. The COVID-19 pandemic has impacted demand and changed working practices and the transition to a lower carbon environment has placed an increased focus on the application and viability of new technologies.
On a regional level, with the technical challenges of extracting oil and gas in the Caspian and the increasing maturity of many fields, the industry has sought ways to adapt to these challenges and improve its performance. The priority is maximising productivity and efficiency to reduce exploration costs, improve oil recovery and to identify and exploit more complex reserves. Central to this effort will be improving competitiveness, working with fewer resources and sustaining efficiencies post pandemic.
Delivering long term and sustained value through digital technologies and initiatives are also key to the discussion as is attracting and retaining talent particularly against a backdrop of changes in demography and perceptions of the industry.
This year’s Caspian Technical Conference will feature three keynote panel sessions on: Unlocking Value Through New Technology and Digitalisation; Attracting and Retaining Talent in a Challenging Market; and Maximising Efficiencies in Today’s Evolving Landscape. There will be 50+ technical paper presentations, panel and poster sessions. Plus, the unique opportunity to network with industry leaders and E&P experts locally and from across the globe.
We look forward to welcoming you to our virtual platform in October.