PTC ASIA concerns China's petrochemical market

Summit on prediction and analysis of China’s oil-gas fields and drilling equipment market development and demand at PTC ASIA 2013. PHOTO PROVIDED TO CHINA DAILY

PTC ASIA 2014 is scheduled to open from October 27 to 30. Statistics indicate that this year’s exhibition will have an unprecedented scale.

The exhibition area totals 85,500 square meters, but it is still unable to satisfy the market demand, although the exhibition halls have reached a 110 percent utilization rate.

Despite its eminence, PTC ASIA sticks to its original purpose: to showcase innovative technologies and products and become the most effective platform of communication, exchange and cooperation for enterprises and users.

In order to provide exhibitors with a more convenient and effective platform to communicate with main engine manufacturers, organizers will hold a series of high-quality forums during the show, including a summit on prediction and analysis of China’s oil-gas fields and drilling equipment market development and demand.

The forum, which will be held on October 28, will be jointly sponsored by the Hannover Milano Fairs Shanghai Ltd and the editorial office of China Petroleum & Petrochemical Equipment Industry Association Yearbook.

The forum, themed the status, objectives, equipment demands, technological development and trends of China’s oilfields and unconventional petroleum resources in 2014, will have experts from the China National Petroleum & Chemical Planning Institute, the Research Institute of Petroleum Exploration and Development, the Research Institute of Petroleum Drilling Equipment, Chinese oilfields and major drilling equipment manufacturers to discuss the trends in the drilling equipment industry.

The main topics at the summit include: status and objectives of China’s oil and gas development; status and prediction of oilfields and drilling equipment development and market demand in China and the world; status of China’s shale gas development and demand analysis for drilling and fracturing technologies and equipment; latest development of drilling, completion and oil recovery technologies; application and promotion of energy efficiency technologies and environmentally-friendly products.

Participants at the forum will also include senior managers, planning, marketing and purchasing directors, and technical personnel managers from Chinese oilfields, engineering companies, drilling equipment manufacturers and main engine parts suppliers.

Time: 9:30, October 28, 2014

Venue: E2-M17 Meeting Room

Shanghai New International Expo Center