| FOR IMMEDIATE RELEASE IPTC IN CHINA RECORDED SEVERAL FIRSTSKuala Lumpur, Malaysia (19 April 2013) – The 6th International Petroleum Technology Conference (IPTC), hosted by China National Petroleum Corporation, and co-hosted by ExxonMobil, was held from 26–28 March 2013 at the Beijing International Convention Center, Beijing, China. This successful event, the first to be held in China, attracted over 4,100 attendees representing 65 countries and more than 600 organisations. The Opening Ceremony featured remarks by Zhou Jiping, President, China National Petroleum Corporation, and Vice Chairman and President, PetroChina Company Limited; Mark W. Albers, Senior Vice President, Exxon Mobil Corporation; and Mahmoud M. Abdulbaqi, IPTC Board Chairman and Chairman, Argas. During his remarks, Mr. Zhou noted that, "IPTC has already become a highly influential conference in the oil and gas industry, despite its relatively short history". Under the conference theme, Challenging Technology and Economic Limits to Meet the Global Energy Demand, the 6th IPTC introduced several new and unique components. The conference featured the largest technical programme in the history of the event with over 550 papers presented in 70 technical sessions with up to 10 sessions held concurrently. 355 papers were presented in 45 interactive ePoster stations allowing delegates a unique ability to browse the posters at their own time. The conference also included, for the first time, both a CEO Plenary Session and an Executive Plenary Session. Both focused on the need for sustained interaction between national and international oil companies and service companies, "In the industry's current environment, it is impossible for any company to go it alone," said Peter Coleman, CEO of Woodside Energy, a theme echoed by all. It was also fitting that this is the first IPTC event held in China, home to 1.6 billion people. "China's growth in oil demand is offsetting the decline in demand from the US and Europe", said Khalid Al-Falih, CEO and President of Saudi Aramco. In order to meet this shifting demand, partnerships between companies and governments become even more crucial as financial capability and technical expertise must be shared, according to five chief executive officers at the CEO Plenary Session. A highlight of the conference was the IPTC Excellence in Project Integration Award. This year a record setting 16 nominations were submitted representing projects in 12 countries. During the gala Awards Dinner, it was announced that Total's submission for the Pazflor offshore development, a fully integrated project spanning the entire value chain from exploration to production, was given the prestigious award. The Total project team was recognised for having made "significant and unique achievements in managing and directing an integrated oil or gas project from discovery to delivery". Several programmes targeting a younger audience, such as the Young Professionals Workshop and the Education Week programme, were held in conjunction with IPTC. The highly interactive Young Professionals Workshop featured a mix of presentations by industry executives and other young professionals focused on the future of the industry, and provided opportunities for networking. Targeting an even younger group, the Education Week is designed to give an insight into the oil and gas industry to the best final year university students from around the world, and to allow them to interact directly with oil and gas professionals. This year, 101 students from 27 countries worked together on joint technical projects which ranged from Coalbed Methane Technology and Development to Intelligent Wells and Intelligent Fields. This marks the fourth time this activity has been held in conjunction with IPTC, and industry leaders recognise it as an important tool to encourage bright young minds to consider a career in the oil and gas industry. The exhibition featured 40 exhibitors from 19 countries, allowing them to showcase their technology and innovation in the energy sector in 2,600 square metres of exhibition space. Over 1,700 visitors shared the floor where companies displayed new products, services and the latest innovations for applications such as unconventional reservoirs, high pressure and high temperature wells and also displayed socially responsible development concepts. IPTC is a collaborative effort among the American Association of Petroleum Geologists (AAPG), the European Association of Geoscientists and Engineers (EAGE), the Society of Exploration Geophysicists (SEG), and the Society of Petroleum Engineers (SPE). The synergies between these four, leading professional societies result in the most comprehensive, multi-disciplinary technical programme among oil and gas conferences worldwide. The next International Petroleum Technology Conference (IPTC), will be held from 22-20 January 2014 at the Qatar National Convention Centre, in Doha, Qatar. For more information on 2013 IPTC Beijing Conference Highlights, please visit http://www.iptcnet.org/2013/
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