2016 Post Show Review
OSEA2016, the most established oil & gas industry event in Asia, concluded successfully as close to 18,000 trade attendees comprising exhibitors, visitors, conference speakers and delegates, and press members gathered at the 4-day exhibition and conference to network, learn and keep updated with the latest industry developments.
The 21st edition of OSEA continued to deliver and remain relevant by addressing the immediate concerns of the industry through showcasing solutions that enhance productivity and create greater cost savings. More importantly, OSEA2016 provided a source of ideas for companies to future-ready their businesses and contemplate the next best direction to steer towards amidst the challenging market conditions.
OSEA2016 kicked off in an opening ceremony graced by Guest-of-Honour Dr Koh Poh Koon, Minister of State, Ministry of National Development & Ministry of Trade and Industry.
An extremely successful Industry Networking Night at OSEA2016 as exhibitors and high level executives mingle and network in a light-hearted atmosphere.
Busy booths on the show floor as exhibitors fielded questions from trade visitors who were eager to find out more about their products.
Trade attendees exchanged insights and views on developments for the oil & gas industry at OSEA2016.
A Gathering of Global Oil & Gas Solution Providers
983 exhibitors from 48 countries/regions and an impressive line-up of 17 international group pavilions from Australia, China, France, Germany, Italy, Korea (3), Netherlands (2), Norway, Russia, Scotland, Singapore, Taiwan, UK and USA showcased their latest and innovative solutions for Asia’s oil & gas industry at OSEA2016.
“The Asia Pacific is a very important market for us, and OSEA, being held in Singapore, where many rig owners have a foothold and many shipyards are located makes it a vital hub for us. We have made good contacts at the show, and am confident 2017 will see new opportunities for us to add value to our clients and help them distinguish their operations from the rest of the market”
“For the past few days, many relevant visitors had visited the Norwegian Pavilion and participated in business meetings, networking, stand presentations, product demonstrations that have provided good leads, potential contracts and partnership opportunities. Given the low energy prices and low profitability levels, there has been a strong cost focus to use advanced and cost effective technologies. This event has been successful to provide additional insights, trends and generated many opportunities for our exhibitors to collaborate with local players.”
A Refreshed OSEA2016 International Conference
Presented in an all-new masterclass format, the OSEA2016 International Conference offered an interactive learning experience through 13 masterclasses that focused on Asset Optimisation, Operational Excellence and Sustainable Growth.
165 conference delegates gained much from these sessions that were led by 28 industry experts from ConocoPhillips, Shell, Chevron, Fjords Processing, Fluor, Schlumberger, Singapore LNG Corporation, Reliance Gas Pipelines, Herrenknecht Vertical, McDermott and more.
“The content of the masterclass conference was adequate and useful. The speakers are equipped with vast field experiences and are able to deliver knowledge to the audience.”
“The masterclasses provided an excellent opportunity to reappraise our approach to risk management with input from industry experts. It was well worth attending.”
The masterclasses allowed delegates to get up close with experts in an interactive learning environment
Delegates were all ears in a crowded conference room at the Combined Morning Plenary
The Combined Morning Plenary that took place on the second day of conference drew strong interest as ambassadors to Singapore and government officials from Australia, Norway, the Netherlands and the United Kingdom provided an overview of oil and gas developments in their respective countries, as well as outline collaboration opportunities with firms in the region.
Industry thought leaders who spoke at the popular session also expressed optimism about industry recovery from 2017 and beyond, especially in LNG.
“I am optimistic we are headed toward a period of upward pressure on commodity prices because of the significant pullback in spending to find new oil and gas reserves over the last two years. Singapore, Malaysia and Indonesia will all benefit from the rise in importance of LNG as a growing global commodity.”
Delivering More Content for Visitors
For the first time, SUBSEA Asia 2016 was held alongside OSEA2016 and featured 40 exhibitors who presented the latest subsea equipment and services. Leading experts also shared insights with delegates at the free-to-attend SUBSEA Asia Conference that covered market outlook, managing cost and efficiency, deepwater projects and other technical topics.
Well-attended Market Briefing at the SUBSEA Asia Conference
OGmTech2016 returned for its second edition alongside OSEA, allowing visitors to discover more about manufacturing technologies which are dedicated for the oil & gas industry.
To create more opportunities for visitors to find out more about exhibitors’ offerings, the OSEA Tech Garage was newly launched at OSEA2016. A series of 26 free knowledge-sharing sessions which consisted of interesting product demonstrations and presentations conducted by industry leaders was well-received by many visitors.
Advanced metrology solutions for application in oil & gas industry were showcased at OGmTech2016
Visitors at OSEA Tech Garage who were eager to hear from industry leaders
Rewarding Experience from Trade Visitors
A strong turnout of 12,024 oil & gas industry professionals from 64 countries/regions was welcomed at OSEA2016. Senior management, engineers and many from the operations, production and purchasing team took time to catch up with current suppliers and forge new connections. Companies who sent representatives to visit OSEA2016 include:
AUXILIUM OFFSHORE • BAKER ENGINEERING • BEACON OFFSHORE • CAMERON • CATERPILLAR • CHEVRON • DRILL-QUIP • EXXON MOBIL • FRANKLIN OFFSHORE • GE MARINE • GE OIL & GAS • HALLIBURTON • INDONESIAN NAVY • JURONG SHIPYARD • KEPPEL FELS • KEPPEL OFFSHORE & MARINE • KUWAIT OIL COMPANY • MALAYSIA MARINE & HEAVY ENGINEERING • NATIONAL OILWELL VARCO • SEMBAWANG SHIPYARD • SEMBCORP INDUSTRIES • SEMBCORP MARINE • SHELL EASTERN PETROLEUM • SIEMENS • ST MARINE • TRIYARDS MARINE SERVICES • TRUMARINE • WARTSILA • WEATHERFORD ASIA PACIFIC … & many more
“OSEA is a very complete, all rounded exhibition. It is a one-stop destination that perpetuates the growth of my business. The exhibitors are warm and friendly which helped ensure smooth and fast transactions. I have expanded my connections and widened my exposure to many new innovations which will definitely be beneficial for my company.”
“I’m glad to have visited OSEA2016 as it has been a fruitful trip. I met new suppliers from Italy and UK who can provide useful solutions for the fast-growing oil & gas, marine and shipbuilding industries in India.”
“OSEA2016 has been an enriching and spectacular event to attend. With such a wide array and good selection of exhibitors, I hope to cover as much as I can on my visit.”
“OSEA has been an enriching and eye-opening experience. Being in the maintenance and operating services sector, OSEA has been an excellent platform for me to compare similar or identical products from various companies.”
Live product demonstrations were a draw at the show floor
Establishing new business contacts
Exhibitors and visitors engaged in discussions
Myanmar Oil & Gas Services Society (MOGSS) formed a group delegation made up of buyers, specifiers and decision makers
The Organiser would like to thank all exhibitors, trade visitors, conference speakers and delegates, press members, as well as supporting organisations and supporting media for the strong support in making OSEA2016 a success.