About Conference

Conferenceseries LLC Ltd. invite all the participants across the globe to attend the "13^th International Conference on Petroleum Engineering” (Petroleum Engineering 2023) scheduled during November 07-08, 2023  London, UK. Theme: Fueling the Future: Advancements and Sustainability in Petroleum Engineering.

Petroleum engineering conference directs towards addressing main issues as well as future strategies of global energy industry. This is going to be the largest and most promising international conference where oil and gas engineering professionals as well as decision makers will come to discuss and debate on various aspects of the challenges, risks and investment opportunities throughout the complete integrated energy and utilities supply chain.

Conferenceseries LLC Ltd. Organise 1000+ Global Events Every Year across USA, Europe & Asia with support from 1000 more scientific societies and Publishes 700+ Open access journals which contains over 100000 eminent personalities, reputed scientists as editorial board and organizing committee members.

Young Scientist Benefits

• Our conferences provide best Platform for your research through oral presentations.
• Share the ideas with both eminent researchers and mentors.
• Young Scientist Award reorganization certificate and memento to the winners
• Young Scientists will get appropriate and timely information by this Forum.
• Platform for collaboration among young researchers for better development
• Award should motivate participants to strive to realize their full potential which could in turn be beneficial to the field as whole.

Importance & Scope:

Petroleum engineering is a field of engineering concerned with the activities related to the production of hydrocarbons, which can be either crude oil or natural gas. Exploration and Production are deemed to fall within the upstream sector of the oil and gas industry. Exploration, by earth scientists, and petroleum engineering are the oil and gas industry's two main subsurface disciplines, which focus on maximizing economic recovery of hydrocarbons from subsurface reservoirs. Petroleum geology and geophysics focus on provision of a static description of the hydrocarbon reservoir rock, while petroleum engineering focuses on estimation of the recoverable volume of this resource using a detailed understanding of the physical behaviour of oil, water and gas within porous rock at very high pressure.

The combined efforts of geologists and petroleum engineers throughout the life of a hydrocarbon accumulation determine the way in which a reservoir is developed and depleted, and usually they have the highest impact on field economics. Petroleum engineering requires a good knowledge of many other related disciplines, such as geophysics, petroleum geology, formation evaluation (well logging), drilling, economics, reservoir simulation, reservoir engineering, well engineering, artificial lift systems, completions and oil and gas facilities engineering.

Recruitment to the industry has historically been from the disciplines of physics, chemical engineering and mining engineering. Subsequent development training has usually been done within oil companies.

Why to attend?

Petroleum Engineering conference aims at multi-disciplined audience with diverse commercial, technical, corporate, operations, planning sectors of the upstream oil and gas engineering services. Meet Your Target Market with members from around the world focused on learning and sharing about Upstream Scientists/Engineers; this is your single best opportunity to reach the largest assemblage of participants from the global Oil and gas engineering industry. Conduct demonstrations, distribute information, meet with current and potential customers, make a splash with a new product line, and receive name recognition at this 2-day event. World-renowned speakers, the most recent techniques, tactics, and the newest breakthroughs in the upstream sector of oil and gas engineering are hallmarks of this conference.

Target Audience:

• Petroleum Engineers
• Scientists, Researchers & Technical Staff from petroleum engineering field.
• Professors, Students & Delegates from petroleum engineering Department
• The people who are specialized with geologists, geophysicists, reservoir engineers, production engineers, Chemical Engineers.
• Production engineers are the Potential Exhibitors for the Respective Conferences.
• The American Institute of Mining, Metallurgical, and Petroleum Engineers, Geologists associations, US Oil and Gas Association, The Society of Petroleum Engineers.

Sessions / Tracks

Track 1: Advances in Petroleum Engineering:

Petroleum engineering is a combination of innovation, exploration, and expansion. This major fuel the world and provides the building blocks for every other profession to effectively carry out its work." Energy is a key component in our everyday lives. A secure energy future requires a balance between environmental impact and affordable supply. Petroleum and Geosystems engineers are able to address and solve important issues that will lead to energy security and thus are in high demand. Petroleum engineers increasingly use advanced computers, not only in the analysis of exploration data and simulation of reservoir behavior but also in automation of oilfield production and drilling operations.

Societies & Associations:

Europe: European Petroleum Industry Association (EUROPIA), Association of Dutch Suppliers in the Oil and Gas Industry (IRO), United Kingdom Petroleum Industry Association (UKPIA), The Norwegian Petroleum Industry Association.

Asia: Japanese Association for Petroleum Technology, Southeast Asia Petroleum Exploration Society, Indian Association of Petroleum Geoscientists, International Society for Rock Mechanics (ISRM), South Korea.

USA: Petroleum Society of Canada (PETSOC), Society of Petroleum Evaluation Engineers (SPEE), American Rock Mechanics Association (ARMA), International Society of Offshore and Polar Engineers (ISOPE)

Track 2:  Fuels and Refining:

Generally, crude petroleum is heated and changed into a gas. The hot gases are passed into the bottom of a distillation column and become cooler as they move up the height of the column. As the gases cool below their boiling point, they condense into a liquid. The liquids are then drawn off the distilling column at specific heights, ranging from heavy resides at the bottom, raw diesel fuels in the mid-section, and raw gasoline at the top. These raw fractions are then processed further to make several different finished products.

Although all fractions of petroleum find uses, the greatest demand is for gasoline. One barrel of crude petroleum contains only 30-40% gasoline. Transportation demands require that over 50% of the crude oil be "converted" into gasoline. To meet this demand some petroleum fractions must be converted to gasoline. This may be done by cracking-breaking down large molecules of heavy heating oil and resides; reforming- changing molecular structures of low-quality gasoline molecules; and isomerization -rearranging the atoms in a molecule so that the product has the same chemical formula but has a different structure, such as converting normal butane to isobutene.

Generally, the simplest refineries consist of crude, vacuum, reforming and some hydrotreating capacity. The next level of complexity adds cat cracking and some additional hydrotreating. The most complex refineries add cooking, more hydrotreating, and hydrocracking.

Track 3: Petroleum Geology:

Petroleum geology is the study of origin, occurrence, movement, accumulation, and exploration of hydrocarbon fuels. It refers to the specific set of geological disciplines that are applied to the search for hydrocarbons (oil exploration).

Petroleum geology is principally concerned with the evaluation of seven key elements in sedimentary basins:

A structural trap, where a fault has juxtaposed a porous and permeable reservoir against an impermeable seal. Oil (shown in red) accumulates against the seal, to the depth of the base of the seal. Any further oil migrating in from the source will escape to the surface and seep.

Evaluation of the source uses the methods of geochemistry to quantify the nature of organic-rich rocks which contain the precursors to hydrocarbons, such that the type and quality of expelled hydrocarbon can be assessed. The reservoir is a porous and permeable lithological unit or set of units that holds the hydrocarbon reserves. Analysis of reservoirs at the simplest level requires an assessment of their porosity (to calculate the volume of in situ hydrocarbons) and their permeability (to calculate how easily hydrocarbons will flow out of them). Some of the key disciplines used in reservoir analysis are the fields of structural analysis, stratigraphy, sedimentology, and reservoir engineering. The seal, or cap rock, is a unit with low permeability that impedes the escape of hydrocarbons from the reservoir rock. Common seals include evaporites, chalks, and shales. Analysis of seals involves assessment of their thickness and extent, such that their effectiveness can be quantified.

The trap is the stratigraphic or structural feature that ensures the juxtaposition of the reservoir and seals such that hydrocarbons remain trapped in the subsurface, rather than escaping (due to their natural buoyancy) and being lost. Analysis of maturation involves assessing the thermal history of the source rock in order to make predictions of the amount and timing of hydrocarbon generation & expulsion.

Finally, careful studies of migration reveal information on how hydrocarbons move from source to reservoir and help quantify the source (or kitchen) of hydrocarbons in a particular area.

Societies & Associations:

Europe: European Petroleum Industry Association (EUROPIA), Association of Dutch Suppliers in the Oil and Gas Industry (IRO), United Kingdom Petroleum Industry Association (UKPIA), The Norwegian Petroleum Industry Association.

Asia: Japanese Association for Petroleum Technology, Southeast Asia Petroleum Exploration Society, Indian Association of Petroleum Geoscientists, International Society for Rock Mechanics (ISRM), South Korea.

USA: Petroleum Society of Canada (PETSOC), Society of Petroleum Evaluation Engineers (SPEE), American Rock Mechanics Association (ARMA), International Society of Offshore and Polar Engineers (ISOPE).

Track 4: Petroleum Distillation and Refining:

Petroleum refining processes are the chemical engineering processes and other facilities used in petroleum refineries (also referred to as oil refineries) to transform crude oil into useful products such as liquefied petroleum gas (LPG), gasoline or petrol, kerosene, jet fuel, diesel oil, and fuel oils.

Petroleum refineries are very large industrial complexes that involve many different processing units and auxiliary facilities such as utility units and storage tanks. Each refinery has its own unique arrangement and combination of refining processes largely determined by the refinery location, desired products, and economic considerations.

Societies & Association:

Europe: European Petroleum Industry Association (EUROPIA), Association of Dutch Suppliers in the Oil and Gas Industry (IRO), United Kingdom Petroleum Industry Association (UKPIA), The Norwegian Petroleum Industry Association.

Asia: Japanese Association for Petroleum Technology, Southeast Asia Petroleum Exploration Society, Indian Association of Petroleum Geoscientists, International Society for Rock Mechanics (ISRM), South Korea.

USA: Petroleum Society of Canada (PETSOC), Society of Petroleum Evaluation Engineers (SPEE), American Rock Mechanics Association (ARMA), International Society of Offshore and Polar Engineers (ISOPE).

Track 5: Exploration, Production, and Storage:

The oil and gas industry is usually divided into three major sectors: upstream, midstream and downstream. The upstream oil sector is also commonly known as the exploration and production (E&P) sector. The upstream sector includes the searching for potential underground or underwater crude oil and natural gas fields, drilling of exploratory wells, and subsequently drilling and operating the wells that recover and bring the crude oil and/or raw natural gas to the surface. There has been a significant

shift toward including unconventional gas as a part of the upstream sector, and corresponding developments in liquefied natural gas (LNG) processing and transport. Upstream Industry has traditionally experienced the highest quantum of Mergers, Acquisitions, and Divestitures. M&A activity for upstream oil and gas deals in 2012 totaled $254 billion in 679 deals. A large chunk of this M&A, 33% in 2012, was driven by the Unconventional/shale boom especially in the US followed by the Russian Federation and Canada. The aggregate value of Upstream E&P assets available for sale (Deals in Play) reached a record high of $135 billion in Q3-2013. The value of Deals in Play doubled from $46 billion in 2009 to $90 billion in 2010. With on-going M&A activity the level remained almost the same reaching $85 billion in Dec-2012. However, the first half of 2013 saw approximately $48 billion of net new assets coming on the market. Remarkably, the total value of Deals in Play in Q3-2013 nearly tripled over 2009 at $46 billion, in less than four years.

Societies & Associations:

Europe: European Petroleum Industry Association (EUROPIA), Association of Dutch Suppliers in the Oil and Gas Industry (IRO), Association of Dutch Suppliers in the Oil and Gas Industry (IRO), United Kingdom Petroleum Industry Association (UKPIA), The Norwegian Petroleum Industry Association.

Asia: Japanese Association for Petroleum Technology, Southeast Asia Petroleum Exploration Society, Indian Association of Petroleum Geoscientists, International Society for Rock Mechanics (ISRM), South Korea.

USA: Petroleum Society of Canada (PETSOC), Society of Petroleum Evaluation Engineers (SPEE), American Rock Mechanics Association (ARMA), International Society of Offshore and Polar Engineers (ISOPE).

Track 6: Reservoir Engineering:

Reservoir engineering is a branch of petroleum engineering that applies scientific principles to the drainage problems arising during the development and production of oil and gas reservoirs so as to obtain a high economic recovery. The working tools of the reservoir engineer are subsurface geology, applied mathematics, and the basic laws of physics and chemistry governing the behavior of liquid and vapor phases of crude oil, natural gas, and water in the reservoir rock of interest to the reservoir, engineers are generating accurate reserves estimates for use in financial reporting to the SEC and other regulatory bodies. Other job responsibilities include numerical reservoir modeling, production forecasting, well testing, well drilling and workover planning, economic modeling, and PVT analysis of reservoir fluids.

Reservoir engineers also play a central role in field development planning, recommending appropriate and cost-effective reservoir depletion schemes such as water flooding or gas injection to maximize hydrocarbon recovery. Due to legislative changes in many hydrocarbon producing countries, they are also involved in the design and implementation of carbon sequestration projects in order to minimize the emission of greenhouse gases.

Societies & Associations:

Europe: European Petroleum Industry Association (EUROPIA), Association of Dutch Suppliers in the Oil and Gas Industry (IRO), United Kingdom Petroleum Industry Association (UKPIA), The Norwegian Petroleum Industry Association.

Asia: Japanese Association for Petroleum Technology, Southeast Asia Petroleum Exploration Society, Indian Association of Petroleum Geoscientists, International Society for Rock Mechanics (ISRM), South Korea.

USA: Petroleum Society of Canada (PETSOC), Society of Petroleum Evaluation Engineers (SPEE), American Rock Mechanics Association (ARMA), International Society of Offshore and Polar Engineers (ISOPE).

Track 7: Petrochemistry:

Petrochemistry is made of a mixture of different hydrocarbons. Additionally, petroleum chemistry contains several more complex hydrocarbons such as asphaltenes. Each geographical location and hence oil field will produce raw petroleum with a different combination of molecules depending upon the overall percentage of each hydrocarbon it contains, this directly affects the coloration and viscosity of the petroleum chemistry. In extremely large quantities petroleum has been produced a lot of years by natural changes in organic materials. Offering the necessary building blocks petrochemicals allow downstream industries to originate and improve the quality of life.  Plant oils will replace petroleum in the coming year.

Societies & Associations:

Europe: European Petroleum Industry Association (EUROPIA), Association of Dutch Suppliers in the Oil and Gas Industry (IRO), United Kingdom Petroleum Industry Association (UKPIA), The Norwegian Petroleum Industry Association.

Asia: Japanese Association for Petroleum Technology, Southeast Asia Petroleum Exploration Society, Indian Association of Petroleum Geoscientists, International Society for Rock Mechanics (ISRM), South Korea.

USA: Petroleum Society of Canada (PETSOC), Society of Petroleum Evaluation Engineers (SPEE), American Rock Mechanics Association (ARMA), International Society of Offshore and Polar Engineers (ISOPE).

Track 8: Processing units used in refineries:

Petroleum refining processes are the chemical engineering processes and other facilities used in petroleum refineries (also referred to as oil refineries) to transform crude oil into useful products such as liquefied petroleum gas (LPG), gasoline or petrol, kerosene, jet fuel, diesel oil, and fuel oils. Petroleum refineries are very large industrial complexes that involve many different processing units and auxiliary facilities such as utility units and storage tanks. Each refinery has its own unique arrangement and combination of refining processes largely determined by the refinery location, desired products, and economic considerations. Some modern petroleum refineries process as much as 800,000 to 900,000 barrels (127,000 to 143,000 cubic meters) per day of crude oil.

Societies & Associations:

Europe: European Petroleum Industry Association (EUROPIA), Association of Dutch Suppliers in the Oil and Gas Industry (IRO), United Kingdom Petroleum Industry Association (UKPIA), The Norwegian Petroleum Industry Association.

Asia: Japanese Association for Petroleum Technology, Southeast Asia Petroleum Exploration Society, Indian Association of Petroleum Geoscientists, International Society for Rock Mechanics (ISRM), South Korea.

USA: Petroleum Society of Canada (PETSOC), Society of Petroleum Evaluation Engineers (SPEE), American Rock Mechanics Association (ARMA), International Society of Offshore and Polar Engineers (ISOPE).

Track 9: Field Development & Production Operations:

Crude and condensate production in 2015 averaged 50,600 bpd, up from 2014 production of 48,800 bpd. The black oil rate reached a high of 51,000 bpd in June 2015, with a yearly average of 46,200 bpd. Several key projects were completed to improve oil and gas production, handling capacity, surveillance, and reduce downtime.

Oil operations successfully commissioned 65 new oil wells.  These new wells contributed significantly to the production stabilization in 2015.

Societies & Associations:

Europe: European Petroleum Industry Association (EUROPIA), Association of Dutch Suppliers in the Oil and Gas Industry (IRO), United Kingdom Petroleum Industry Association (UKPIA), The Norwegian Petroleum Industry Association.

Asia: Japanese Association for Petroleum Technology, Southeast Asia Petroleum Exploration Society, Indian Association of Petroleum Geoscientists, International Society for Rock Mechanics (ISRM), South Korea.

USA: Petroleum Society of Canada (PETSOC), Society of Petroleum Evaluation Engineers (SPEE), American Rock Mechanics Association (ARMA), International Society of Offshore and Polar Engineers (ISOPE).

Track 10: Petroleum Engineering and its Industrial Application:

Petroleum engineering is a field of engineering concerned with the activities related to the production of hydrocarbons, which can be either crude oil or natural gas. Exploration and Production are deemed to fall within the upstream sector of the oil and gas industry. Exploration, by earth scientists, and petroleum engineering are the oil and gas industry's two main subsurface disciplines, which focus on maximizing economic recovery of hydrocarbons from subsurface reservoirs. The combined efforts of geologists and petroleum engineers throughout the life of a hydrocarbon accumulation determine the way in which a reservoir is developed and depleted, and usually, they have the highest impact on field economics. Petroleum engineering requires a good knowledge of many other related disciplines, such as geophysics, petroleum geology, formation evaluation (well logging), drilling, economics, reservoir simulation, reservoir engineering, well engineering, artificial lift systems, completions and oil, and gas facilities engineering. Subsequent development training has usually been done within oil companies.

Societies & Associations:

Europe: European Petroleum Industry Association (EUROPIA), Association of Dutch Suppliers in the Oil and Gas Industry (IRO), United Kingdom Petroleum Industry Association (UKPIA), The Norwegian Petroleum Industry Association.

Asia: Japanese Association for Petroleum Technology, Southeast Asia Petroleum Exploration Society, Indian Association of Petroleum Geoscientists, International Society for Rock Mechanics (ISRM), South Korea.

USA: Petroleum Society of Canada (PETSOC), Society of Petroleum Evaluation Engineers (SPEE), American Rock Mechanics Association (ARMA), International Society of Offshore and Polar Engineers (ISOPE).

Track 11: Sustainable & Renewable Energy:

Rising prices, increasing air pollution and scarcity of fuels have forced scientists to look for alternative fuel sources. All energy sources which can be naturally replenished are renewable energy sources. Most of the times these two terms are used interchangeably. There is some sort of common belief that all renewable energy sources are sustainable and there is no difference between the two terms. However, this is not true. Renewable energy includes all those sources that do not cause any harm to the environment and have minimal impact on the surrounding environment. Sustainable is much more a wider term and includes all type of energy sources. Sources such as solar, wind, geothermal, hydropower, wave, tidal and hydrogen are renewable as well as sustainable since they have minimum impact on the environment whereas Nuclear energy is not considered as renewable but it is sustainable as it pollutes the environment. This is the only reason that it is said that all renewable energy sources are sustainable but all sustainable energy sources are not renewable.

Market Analysis

Summary:

Petroleum Engineering 2023 is the platform to gain or share knowledge in the new technological developments in the field of chemical engineering. This conference brings together professors, researchers, scientists and practitioners in all the areas of Petroleum Engineering, oil and gas engineering services which provides an international forum for the spreading of approved research results, new ideas, and practical developments. We are honored to invite you all to attend and register for the “13^th International Conference on Petroleum Engineering (Petroleum Engineering 2023)”.The organizing committee is gearing up for an exciting and informative conference program including plenary lectures, symposia, workshops on a variety of topics, poster presentations and various programs for participants from all over the world. We invite you to join us at the Petroleum Engineering 2023, where you will be sure to have a meaningful experience with scholars from around the world. All members of the Petroleum Engineering 2023 organizing committee look forward to meeting you in Rome, Italy.

For more details please visit:  http://petroleumengineering.insightconferences.com/

 Importance & Scope:

Petroleum engineering is a field of engineering concerned with the activities related to the production of hydrocarbons, which can be either crude oil or natural gas. Exploration and Production are deemed to fall within the upstream sector of the oil and gas industry. Exploration, by earth scientists, and petroleum engineering are the oil and gas industry's two main subsurface disciplines, which focus on maximizing economic recovery of hydrocarbons from subsurface reservoirs. Petroleum geology and geophysics focus on the provision of a static description of the hydrocarbon reservoir rock, while petroleum engineering focuses on estimation of the recoverable volume of this resource using a detailed understanding of the physical behavior of oil, water, and gas within porous rock at very high pressure.

The combined efforts of geologists and petroleum engineers throughout the life of a hydrocarbon accumulation determine the way in which a reservoir is developed and depleted, and usually, they have the highest impact on field economics. Petroleum engineering requires a good knowledge of many other related disciplines, such as geophysics, petroleum geology, formation evaluation (well logging), drilling, economics, reservoir simulation, reservoir engineering, well engineering, artificial lift systems, completions and oil, and gas facilities engineering.

Recruitment to the industry has historically been from the disciplines of physics, chemical engineering, and mining engineering. Subsequent development training has usually been done within oil companies.

Why London?

London is the capital city of England and the Cumulated Kingdom. It is the most populous region, urban one and metropolitan area in the Coalesced Kingdom. Standing on the River Thames, London has been a major settlement for two millennia, its history going back to its founding by the Romans, who designated it Londinium. London is a leading ecumenical city, with strengths in the arts, commerce, inculcation, regalement, fashion, finance, healthcare, media, professional accommodations, research and development, tourism and convey all contributing to its prominence. It is one of the world’s leading financial centers and has the fifth-or sixth-most sizably voluminous metropolitan area GDP in the world depending on quantification. London is a world cultural capital. It is the world’s most-visited city as quantified by international advents and has the world’s most sizably voluminous city airport system quantified by passenger traffic. London has a diverse range of peoples and cultures, and more than 300 languages are verbalized within its boundaries. It is a major Centre of higher edification edifying and research and its 43 universities form the most sizably voluminous concentration of higher edification in Europe.

Why to attend?

Petroleum engineering conference aims at the multi-disciplined audience with diverse commercial, technical, corporate, operations, planning sectors of the upstream oil and gas engineering services. Meet Your Target Market with members from around the world focused on learning and sharing about Upstream Scientists/Engineers; this is your single best opportunity to reach the largest assemblage of participants from the global Oil and gas engineering industry. Conduct demonstrations, distribute information, meet with current and potential customers, make a splash with a new product line, and receive name recognition at this 3-day event. World-renowned speakers, the most recent techniques, tactics, and the newest breakthroughs in the upstream sector of oil and gas engineering are hallmarks of this conference.

Target Audience:

• Petroleum Engineers
• Scientists, Researchers & Technical Staff from the petroleum engineering field.
• Professors, Students & Delegates from petroleum engineering Department
• The people who are specialized with geologists, geophysicists, reservoir engineers, production engineers, Chemical Engineers.
• Production engineers are the Potential Exhibitors for the Respective Conferences.
• The American Institute of Mining, Metallurgical, and Petroleum Engineers, Geologists associations, US Oil and Gas Association,   The Society of Petroleum Engineer

Major petroleum engineering Research Associations around the Globe:

·         American Association of Petroleum Geologists

·         American Institute of Mining, Metallurgical, and Petroleum Engineers

·         Canadian Association of Oilwell Drilling Contractors

·         Canadian Association Of Petroleum Producers

·         Pennsylvania Petroleum Association

·         American Fuel and Petrochemical Manufacturer

·         Society of Petroleum Engineers

·         Independent Petroleum Association of America

·         American Association of Petroleum Geologists

·         The Petroleum Marketers Association of America

·         US Oil and Gas Association

·         Petroleum Motor Transport Association

·         The Petroleum Marketers Association of America

·         Japanese Association for Petroleum Technology

·         Independent Petroleum Association of America

Major Oil & Gas Companies around the Globe:

·         Sinopec

·         China National Petroleum Corp. (Petrochina)

·         Royal Dutch Shell

·         ExxonMobil

·         Saudi Arabian Oil Company (Aramco)

·         BP

·         Total S.A.

·         Kuwait Petroleum Corp

·         Chevron Corporation

·         OJSC Lukoil

In total, percentage of attendees from various sectors as follows

·         Industry       50%

·         Academia     40%

·         Others          10%

A glance at a market of petroleum industry:

Global oil and gas production has increased over the last five years, from 81.15 Million barrels per day in 2009, to 88.67 Million barrels per day b 2014. This has led to the supply for oil & gas exceeding its demand which has ultimately caused a decline in the prices of crude oil during the last six months of 2014. Consequently, the oil and gas operators have reduced their capital expenditure outlook for 2015 citing concerns over low profit margins. This reduction has mainly impacted the upstream exploration and production (E&P) activities. However, the declining production from onshore oilfields in countries such as Russia, the U.K. and India among others has resulted in higher demand for exploring new offshore reserves. Drill pipe which are used to support drilling and exploration activities are expected to grow at a CAGR of 3.8% to reach USD 1,133.8 Million by 2020 from USD 940.62 Million in 2015. In this report, 2014 is considered as the base year and 2020 is considered as the forecast year. The report covers the grade of drill pipe as well as the application segments.

The oil & gas market is expected to grow from an estimated USD 3.22 Billion in 2016 to USD 4.54 Billion by 2021, registering a CAGR of 6.9% from 2016 to 2021. The global market is witnessing significant growth on account of the decline in natural gas prices, an increase in electricity demand, and low emission levels of the gas & oil compared to other fossil fuels. Increasing investments in distributed power generation are also expected to drive the demand for oil & gas across the globe.

Past Conference Report

Petroleum Engineering -2022

The 12^th International Conference on Petroleum Engineering hosted by the Conference Series llc LTD was held during November 21-22, 2022 Webinar  with the theme “Demonstrating advancements in the field of Petroleum Engineering". Benevolent response and active participation were received from scientists, engineers, researchers, students, and leaders from the fields of Petroleum Engineering, who made this event successful.

The meeting was carried out through various sessions, in which the discussions were held on the following major scientific tracks:

• Petrochemistry
• Processing units used in refineries
• Advances in Petroleum Engineering
• Fuels and Refining
•  Field Development & Production Operations
• Petroleum Geology
• Sustainable & Renewable Energy
•  Petroleum Additives: Synthesis and Application
• Exploration, Production and Storage
• Petroleum Distillation and Refining
• Reservoir Engineering
• Petroleum Engineering and its Industrial Application

The conference was initiated with a series of lectures delivered by both Honorable Guests and members of the Keynote Forum. 

Conference Series llc LTD offers its heartfelt appreciation to Organizing Committee Members, adepts of the field, various outside experts, company representatives and other eminent personalities who supported the conference by facilitating the discussion forums. Conference Series llc LTD also took the privilege to felicitate the Organizing Committee Members who supported this event.

Thanks to all our wonderful speakers and conference attendees, Petroleum Engineering was our best ever!!

With the grand success of Petroleum Engineering -2021, Conference Series llc LTD is proud to announce the " 13^th International Conference on Petroleum Engineering " to be held during November 07-08, 2023 London, UK