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OIL AND GAS NEWS

Oil sector must attract youth to leadership roles: Bahrain minister

Mar 6, 2018 12:06 PM

There is an urgent need to attract youth to take over the leadership of the oil sector in the future which requires investment in the development of competencies of the human capital in accordance with...

There is an urgent need to attract youth to take over the leadership of the oil sector in the future, which requires investment in the development of competencies of the human capital in accordance with international standards, said Bahrain's Oil Minister Shaikh Mohammed bin Khalifa Al Khalifa.  
 
He commended the efforts led by Bahrain's National Oil and Gas Oil Authority (NOGA) and its subsidiaries to adopt a comprehensive succession plan for the oil and gas sector in Bahrain. 
 
The challenge facing the region's oil sector is to combine technology, business and human resources in a way that they will enable us to produce  supplies successfully and deliver them to the market efficiently, he said inaugurating the 13th Middle East Geological Sciences Conference (GEO 2018) at the Ritz Carlton Hotel, according to a Bahrain News Agency report.
 
This requires cooperation between industry, government and consumers, considering supply and demand, he said. 
 
His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa deputised the oil minister to inaugurate the event.
 
Shaikh Mohammed said that the oil industry in the region is seeking to develop high-tech industrial initiatives and provide the best incentives for exploring difficult oil; and cooperate with the relevant support services companies to find innovative solutions to the challenges of this vital and important sector. 
 
He urged the industry to review the training programmes so they provide qualified professionals in this sector. 
 
The four-day event is being held under the patronage HRH the Premier at the Bahrain International Exhibition and Convention Centre (BIECC) under the slogan "Push the Technical Boundaries: Drawing the Image of Energy". It is organised by UBM- Arabian Exhibitions and AAPG in collaboration with the National Oil and Gas Authority (NOGA). 
 
The conference is attended by a large number of officials, chief executive officers of national and international companies, engineers and professionals, specialists and scientists, as well as researchers, academics, universities and university colleges and research institutes from around the world to discuss and shape the future of this vital industry, build capacity and skills and communicate with experts and specialists. 
 
He underlined the international reputation of the Middle East Geological Sciences Conference and Exhibition series since its inception in 1994, which contributed significantly to increasing the number of participants from all over the world in its thirteenth edition to find out about the latest developments in science and technological inventions related to various exploration issues on the Oil and Gas.
 
He highlighted the outstanding role played by "GEO" in the exchange of expertise and knowledge and best practices in the Middle East and the world among those interested in this vital field, which is a real opportunity to develop resources in a correct and effective and safe form and manner of high awareness and responsibility.
 
He referred to the modernization project of Bahrain Refinery, which is one of the strategic projects in Bahrain to upgrade the first refinery in the GCC region, established in 1936. 
 
The project aims to enhance competitiveness and profitability and to continue to contribute to the structure of the national economy by increasing the production of the refinery. 
 
The conference program includes more than 420 speakers of the best experts and focuses on geological studies and challenges of reservoirs, the role of earth sciences in environment, safety, risk management and innovation. The main activities daily panel discussions led by senior executives, technical peer-to-peer meetings and a program of activities designed for students and young professionals.

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