(MENAFN - Kuwait News Agency (KUNA)) The Fourth edition of the Kuwait International Petroleum Conference and Exhibition (KIPCE) has received 489 research papers from 165 oil and gas companies representing 35 countries.
In a press statement, the KIPCE Organizing Committee said the number of paper presented to the upcoming edition is higher than third one by 242 percent.
It noted about 84 papers from 38 companies representing 19 countries have been selected to be debated in the three working days of the conference, scheduled December 10-12.
The fourth Kuwait International Petroleum Conference and Exhibition (KIPCE) will take place 10-12 December 2012 in Kuwait City, Kuwait. Co-organized by the Society of Petroleum Engineers (SPE) and Kuwait University, the event will combine a multi-disciplinary technical conference with a cutting-edge exhibition, bringing together regional and international professionals from all sectors of the oil and gas industry.
Kuwait is responsible for 9 percent of the world's oil reserves and reports suggest that between 2010 and 2020, Kuwait's oil production will increase by approximately 38 percent. This increase will not only present a number of new opportunities but also an array of new challenges. KIPCE provides a platform for delegates and attendees to focus on these issues in both a regional and global context.