IPTC has attracted thousands of top oil and gas industry professionals from around the world. It took place, for the first time in Saudi Arabia, at the Dhahran EXPO in Dhahran, Saudi Arabia, under the patronage of HRH Prince Mohammed Bin Salman Bin Abdulaziz Al-Saud, Crown Prince, Deputy Prime Minister and Minister of Defense.
TAQA participation at the International Petroleum Technology Conference (IPTC), which ended last week, has been a resounding success. For three consecutive TAQA has showcased its innovative products and solutions, both of which differentiate TAQA and enable the company to challenge the norms of what our industry offers and how it operates.
High-level delegates, including HRH Prince Abdulaziz Bin Salman Bin Abdulaziz Al Saud, Minister of Energy, and host of senior executive management from the host Saudi Aramco, visited TAQA booth and were briefed by Khalid Nouh, Chief Executive Officer, on the company offering and its technical capabilities as a national champion.
On the sideline of IPTC, TAQA and AlMansoori Petroleum Services announced an agreement to penetrate the Hydraulic Fracturing Market in KSA. The agreement establishes an alliance between TAQA and UAE-based AlMansoori Petroleum Services to provide high-end fully integrated fracturing and stimulation solutions. By combining their expertise and capabilities in geoscience and engineering, well-site management, well testing and flow back, fracturing, stimulation, slickline, coiled tubing, and perforation services and equipment, they will be able to access to the growing hydraulic fracturing market, forecasted at a value of more than SAR2.0BN in 2020.