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imageISLAMABAD: A two-day Annual Technical Conference (ATC)-2016 on petroleum sector will start here from Tuesday in which around 1,000 delegates of local and foreign Exploration and Production (E&P) companies will participate.

Minister of State for Petroleum and Natural Resources Jam Kamal Khan will inaugurate the 23rd conference titled "Oil Price: Domestic Challenges and E&P Strategies," being organized in collaboration with Pakistan Association of Petroleum Geoscientists (PAPG) and Society of Petroleum Engineers (SPE).

Nominated President of SPE-2018 Prady Darcy will deliver the keynote address in the inaugural session.

In an informal media briefing here Monday, Chairmen PAPG Abdul Wahid Chughtai and ATC Gulzar Ahmed Memon said the conference would be attended by delegates from E&P companies, Service Providers, Academia and Regulatory bodies.

They said the professionals would deliberate on application of innovative technologies and share their experiences to meet energy challenges through indigenous resources.

Around 36 professionals and 24 students would give their presentations on the topic followed by panel discussions.

They said the ATC organization committee had arranged two pre- conference sources, which were conducted by renowned experts from world- known service companies M/S Schlumberger and M/S Weatherfoard to familiar the participants about modern trends in petroleum sector.

They expressed confidence that the conference would help encourage local and foreign E&P companies to accelerate exploration activities, especial when the prices of petroleum products were witnessing decline in international markets.

Copyright APP (Associated Press of Pakistan), 2016

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