Manama: Bahrain will host the third round of the Middle East Oil and Gas ICT Summit on November 3 and 4, under the patronage of Oil and Gas Affairs Minister and National Oil and Gas Authority chairman Dr Abdulhussain Mirza.

It is organised by the Dubai-based The World Development Forum. This year the summit is focusing on ‘Technology as a strategic pathway during the transition from recession to recovery

Dr. Mirza said that propelling the oil and gas sector towards more sustainability is among the top priorities of the leaderships in the region, where we have noted the success achieved by GCC countries in setting comprehensive strategies for developing and upgrading the oil and gas which supported these countries in facing the recent international financial crisis.

The minister said that the repercussion of the recent crisis has proved the winning bet on modern technology.

Dr Mirza highlighted the importance of the role played by information technology for assisting the oil and gas sector in facing the challenges of the international demand on energy, emphasising that technology provided an innovative solutions for mission critical from exploration operations to design and implementation processes, in addition to its major contributions to the fields of analysis, business intelligence and telecommunications.

This year’s summit is also hosting representatives from the major Arab and international companies working in the field of oil and gas, whereas the participation has been confirmed for speakers from Arab oil companies such as Saudi Aramco, Kuwait Oil Company, Bapco, in addition to speakers from the leading technology companies including HP and Aupec.

The summit is the first-of-its-kind in the region, gathering the information technology decision-makers in the oil and gas sector in the Middle East to meet with the leading technology companies in order to bring the latest technology for an in-depth analysis and facilitate the knowledge transfer.