With
such rich resources to be found in areas such as the Bay of Bengal
and the Andaman Sea, it is no surprise that Asia is quickly becoming
a key player in the oil and gas industry. As more Oil & Gas
blocks go up for tender, investors are moving in quickly, keen to
invest in the underdeveloped, energy-rich area.
Foreign investment is being actively encouraged. Fiscal incentives
for foreign investors is just one such example. Some of the largest
international energy players have begun to invest in the region's
largely untapped resources and oil and gas is fast becoming a
critical element to the economic future of the region.
On
18-19 November 2013, national and international industry leaders will
be meeting in Bangkok for the Asia Offshore Oil and Gas Summit. The
2-day event, co-hosted with the Bay of Bengal & Andaman Sea Oil
and Gas Summit, will bring together some of the world's leading
industry players, including Energy ministers, Senior Oil and Gas
company representatives, Contractors, Service Companies and Solution
Providers.
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