The 27th Caspian Oil and Gas International Exhibition which gathered 249 companies from 30 countries across the globe started on Wednesday in Azerbaijan’s capital Baku.
The exhibition, which is organized by Azerbaijan’s Energy Ministry and Azerbaijan's national oil company SOCAR, is a part of 3-day Baku Energy Week.
Companies around the world gathered in Baku Expo Center and displayed innovative technologies in the field of oil production and energy transportation, storage of oil and gas systems and services, as well as current and prospective oil and gas projects in the region.
The event will also host the 10th Caspian International Energy and Renewable Energy Exhibition along with the Baku Energy Forum.
Top executives will discuss key oil and gas projects in the Caspian region during the events of Baku Energy Week.
Among the countries participating are Azerbaijan, Belarus, the UK, Hungary, Germany, Greece, Israel, Spain, Italy, India, Kazakhstan, China, Netherlands, Norway, United Arab Emirates, the Russian Federation, Romania, Saudi Arabia, Serbia, Singapore, the US, Turkey, Finland, Switzerland and Japan.
Azerbaijan’s Energy Ministry and Azerbaijan's national oil company SOCAR support the event that will host leaders of the energy industry and international energy companies, including bp, Equinor, Masdar, Turkish Petroleum (TPAO), Baker Hughes, Gazprombank, TotalEnergies, Uniper, Baku Steel Company, Schlumberger and Ernst & Young.
The event will also focus on global energy prospects encompassing a map of exploration and production opportunities in the Caspian region, financing the transition to green energy and other topical issues.
Along with talks on the global energy outlook, the Baku Energy Forum will facilitate discussions on topics including the path to net zero, unlocking workforce potential for the transition towards a lower-carbon future in the energy sector, mapping exploration and production opportunities in the Caspian region and oil refining and petrochemistry sector: current projects and development prospects.
Also, at the initiative of the World Bank, a special Azerbaijan Offshore Wind Road session will be held within the framework of the Baku Energy Forum.
By Sibel Morrow
Anadolu Agency
energy@aa.com.tr