This Kick-off Plenary session will focus on “Opportunities, Challenges, and Solutions in Oil & Gas Industry” that must be addressed in Low Price Environment. The oil and gas business is and will continue to be a technology driven business.
    This session will discuss what the industry has accomplished in the last 20 years and that going forward, that our industry will explore how multidisciplinary integration can lead to state-of -the art breakthrough, optimized development and value creation. Recently we have seen many innovations in technology and business practices that help us develop unconventional resources. To continue to make projects more affordable, commercial and technological creativity must be adopted properly.
   During this session, technology leaders and experts will share their views on opportunities and challenges we face such as (This plenary session will discuss):

What are the new trends in technology of petroleum exploration and development?
Are technology development and end users properly aligned? Is the pace of technology development and introduction fast enough to support the ambitions of our industry?
What is the role of universities, and research institutes in technology innovation and invention ?
What is progress towards the future in China unconventional gas and oil?

    Unconventional gas and oil is becoming mainstream in North America with astounding increases in production rates.  This session will review some of the factors that made North America successful and explore their implications in our domestic technical and regulatory environment.
Of the main factors, is it geology, the technology or the regulatory framework that is the key in the US unconventional gas success?
    Can our domestic investment community adapt and by how far in order to recreate the North American success?
    Can the technology simply be imported or are localized adaptations and solutions necessary?

How to invest intelligent instrumentation and progress intelligent oil and gas in low price environment?

   In spite of the recent fall in oil prices, the industry will continue to invest in new technologies and better ways to use technology.  But not everyone in the industry is convinced that the introduction of more intelligent instrumentation is necessarily creating value. It is clear that adding instrumentation inevitably increases the capital costs and can often lead to higher operating costs but does the investment always produce improved revenue?

How to deliver HSE and to find opportunities to operate better and more efficiently and to provide more safety in an enhanced environmental framework?

   This panel will address the various issues and barriers impacting the HSE and operational performance in the oil and gas industry, as well as discuss potential actions and solutions in order to achieve world class HSE and operational performance across all parts of the E&P business in various parts of the world.