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Video Highlights

POST SHOW REPORT

10TH EDITION - 25th & 26th May 2017 , Mumbai

IDEC was launched in the year 2008 as a platform to bring & share latest THE 10TH ANNUAL DRILLING &
trends developments& future of the oil and gas industry. Since its inception, EXPLORATION CONFERENCE
the event has seen the participation of 150 companies from 25 countries. The
(IDEC) WAS HELD IN MUMBAI
conference is getting better & bigger over the years.
AT HOTEL LEELA ON
MAY 25-26, 2017.
The two-day event was attended by stalwarts of oil and petroleum industry
who shared their views on the current situation of the current oil market due
to declining production and also laid out the measures to address solutions.

The unique conference brought national & international oil companies, oil
regulators, equipment manufacturers, oilfield service providers, financial
institutions together to share knowledge, exchange ideas, gain insight,
showcase expertise and enhance business relationship.

Welcoming the dignitaries & delegates to the 10th edition of the conference
organizers said that that the future of oil and gas despite palpable uncertainty
was “bright”. However, he did not completely brush off the concern and
challenges surrounding the oil and gas industry. “Greater challenges always
bring greater responsibilities and we have a duty to contain and face the
threats, but we also have to unlock the duty to unlock the world’s immense
untapped oil and gas reserves for growth and for sustainable development
because this is the most powerful way to prevent future crisis.

The event started with the ceremonial lamp lighting by Dr. Ravi Bastia (Director of Oil Max Energy Ltd), Neetu Vinayak Partner
(Head oil and gas KPMG), Gauri Johar, (Director IHS Markit), N.K. Mitra (COO GSPC) and senior professionals like Jayant
Malhotra (Schlumberger), S. Rath (FIPPI), Mr.J G Chaturvedi along with overseas guests.
The Chairman of the conference T K Sengupta, Director
Offshore ONGC during his opening speech said that he is
extremely happy to note that IDEC is completing its 10th year
and is celebrating this year with more participation and with a
much wider perspective. I have seen the growth of IDEC from its
initial days and happy the way the organizers have created a
platform for most of the operating companies, service
companies, manufacturing companies to share their skills,
expertise and knowledge to prepare a road map for the future.

With the global oil price hovering around a thin window of 45-
55$/bbl and the fast progress of renewable to create a disruption
in the energy sector , this is the time for increasing efficiency,
optimization of cost and out of the box innovative thinking to
survive, sustain and continue in the E&P business sector. This
Mantra is applicable to all of us and the onus for application is
also on all of us present here.

He further stated that hope in the next two days , there will be
brain storming sessions, open discussion amongst all the
learned delegates . This will help to prepare a logical way
forward which will be beneficial for the entire E&P industry to THEME
create its growth in this country.
CHALLENGES AND FUTURE
Oil Max Energy director Ravi Bastia spoke about ‘Geopolitical GROWTH IN A LOW OIL PRICE
impact on oil prices: social, political or economic'. He told that REGIME
the world has witnessed 4 major slides in the recent history of
oil prices. However, the current slump has been the longest,
extending more than 3 years. The speed and magnitude of oil
price decline has triggered financial strains, thus reducing the
global benefits of lower oil prices, although the effects have so
far been contained. Reduced oil prices have led to innovation
and low cost technology.

Shale oil & gas has been gaining significant momentum in USA
due to continuous risein production for a decade. Companies are
competing in boasting new technology developments, materials
and tangibles in order to make things less expensive. U.S. shale
survived the oil price crash with latest state of art technology
and emerged more resilient from the slump.

Production cuts, higher domestic demands and oil & gas theft
havereduced the crude exports of Mexico. Unstable political
regimes in Ecuador & Venezuela have led to increased
imports.Constant decline in Russian mature fields, lack of
sanctions and low oil prices have pushed back E&P activities in
the East Siberia and Arctic regions.

The Middle East has been experiencing decades of instability, both political and religion related.
On the other hand, low oil prices enhance economic activities in oil importing countries. Since India is importing
three-fourth of its oil requirement, the slump in oil prices is good news. Along with China, India is widely seen
as the largest source of oil demand in future.
"The Stone Age didn’t end for lack of stone; The Oil Age will end
long before the world runs out of oil if businesses are not
thought through" - Dr. Rabi Bastia
The session was chaired by Badal
Neetu Vinayak of KPMG said
Roy, GM-Head offshore Safety,
that the recent tax and
ONGC and had five speakers
regulatory amendments would
represented by Sigra Sharma
impact the drilling and
(Schlumberger), David Manson
exploration companies and the
(TWMA, UK), Zubair Mohamed
way business models will evolve.
(Halliburton India), Sumanesh
“Modi is favoring renewable
Banerjee (Groupon Sustainable
energy, which meant more
Solutions - Dupont) and Rekha
consumption of gas and limiting
Sharma (ERM India). While
the use of oil and coal, posing a
DIT / BRITISH HIGH focussing on the common
challenge to find availability of
COMMISSION WAS A PARTNER objective of Goal zero, the
gas. The government needed to
play an important role in
ORGANISATION AT THE 10TH speakers put forward diverse
IDEC 2017. DELEGATION OF perspectives and approach for
addressing the issue
achieving the goal.
significantly,” she said. SENIOR EXECUTIVES FROM
FLEXLIFE LTD., JDR CABLE
SYSTEMS LTD., OILTECH
Use of in - vehicle cameras for
Gauri Johar of IHS Markit CONSULTANCY LTD., SMD monitoring of drivers, rig floor
highlighted policies and LTD., TATA STEEL UK LTD., automation, remote operations for
innovations of several countries
SONARDYNE INTERNATIONAL decreasing risk exposure, alarm
like Venezuela, US, Saudi Arabia
LTD., GE OIL & GAS, EXPRO management and TCC Rotto mills
and Qatar for keeping the oil
GROUP & SHAWCOR for management of environment
prices in balance.
ATTENDED THE CONFERENCE. friendly disposal of drill cuttings
A SPECIAL ONE HOUR were discussed as possible
Schlumberger vice-president
technology solutions for reducing
Jayant Malhotra rued the lack of SESSION BY THE ABOVE
accidents and environmental
investment by exploration and COMPANIES BROUGHT FORTH
impacts. The speakers also
production companies. He said THE LATEST TECHNOLOGIES
emphasised on enhanced focus on
this is responsible for the poor AVAILABLE FOR THE OIL & investment in safety and
effect on the market. “The down GAS INDUSTRY. operational risk management in
town was meant to be for a small
the low oil price regime as past
period. Somehow the ramp-up is
statistics associate increased rate
not happening here,” he said.
of accidents with dips in oil price.
Role of Behaviour & attitudes and
The final technical session for
Human factor Engineering was
the conference was on HSE with
also discussed as one of the
the theme ‘HSE challenges in oil
important means of reducing
and gas industry – Investing in
accidents.
technology to achieve Goal zero’.

"With the global oil price hovering around a thin window of 45-55$/bbl
and the fast progress of renewable to create a disruption in the energy
sector , this is the time for increasing efficiency, optimization of cost and
out of the box innovative thinking to survive, sustain and continue in the
E&P business sector " - Mr. TK Sengupta
 KEY SPEAKERS
TK Sengupta , Director Offshore , ONGC
NK Mitra , COO , GSPC
Dr. Rabi Bastia , Director , Oilmax Energy
Neetu Vinayek , Partner , Head – Oil and
Gas , KPMG
Gauri Johar , Director , Consulting &
Research , Energy Insight , IHS Markit
A Venkata Rao , Head Upstream Solutions ,
Tech Mahindra
Amit Kubal , Completion Engineer ,
Halliburton
Markandeya Patowary , Completion
Engineer , RIL , E & P
Alain Wassink , Commercial Director ,
Gusto MSC B.V.
Abdo Ahmad , Head of Drilling &
Pratyush Tewari , Drilling Engineering
Manager , Schlumberger
Rohit Agarwal , Drilling Engineer ,RIL ,E & P
Karan Jain , Technical Marketing – Oil and
Gas , Sandvik Materials Technology
S Rath , Director , FIPPI
Vikramaditya Singh Shekhawat – Global
Department Manager – Drilling and Wells –
Kongsberg Digital
Raj Kamra , Area operations Manager ,
Schlumberger
Keith Won , Weatherford
Rahul Talreja , Geomechanics Engineer,
Software Integrated Solutions, Schlumberger

Completions , Reliance E & P Jyoti Prakash Nayak , Sales Director , APAC ,

Jayant Malhotra , VP , Schlumberger Welltec
Kaushik Roy, Country Manager , Ajay Kumar , AVP & Head ( FEC ) , HLS Asia
Weatherford Ltd.
Ashish Kumar , VP & Head , Assets &
Fraser Hamilton , Business Development
Technical , Essar Oil , E & P Division
Manager , Impact Selector International
Francesco Colaianni , R & D Project
Sankhajit Saha, Geomechanics Consultant ,
Manager , Drillmec SPA
Anand Gupta , Senior Field Service Baker Hughes
Coordinator , Halliburton Badal Roy , GM , Head Offshore Safety ,
Ian Hatchell , VP – Operations – Radial ONGC
Drilling Services Sigra Sharma , HSE Manager , Schlumberger
Aditya Mukherjee , Business Development Zubair Mohammed , Area HSE Manager ,
Manager , SK Oilfield Equipment
Halliburton
Diwanshu Gupta , Technical Sales
Rekha Sharma , Senior Consultant and
Coordinator – Completions , Weatherford
Technical Risk Specialist , ERM India
GC Katiyar , ED , Basin Manager , WOB ,
ONGC
Sumanesh Banerjee , Consultant , Dupont
Sustainable Solutions
David Manson , Sr. Operations Manager ,
TWMA , UK
 PARTICIPATING COMPANIES
OIL & GAS REGULATOR • R STAHL
• UNITED DRILLING TOOLS
DGH • TRIMBLE
• WEATHERFORD
STATE OWNED COMPANIES: • SCHLUMBERGER
• HALLIBURTON
• OIL • BAKER HUGHES
• ONGC • EXPRO
• GSPC • WELLTEC
• RELIANCE (E & P) • HLS ASIA
• BPRL
FOREIGN COMPANIES: DIT REPRESENTATION ( UK COMPANIES ) :
• KONGSBERG DIGITAL FLEXLIFE LTD
• DRILLMEC ITALY JDR CABLE SYSTEMS LTD
• IMPACT SELECTOR OILTECH CONSULTANCY LTD
• TWMA SMD LTD
• GUSTOMSC TATA STEEL UK LTD
SONARDYNE INTERNATIONAL LTD
RIG OWNERS: GE OIL & GAS
EXPRO GROUP
• DEEPWATER DRILLING SHAWCOR
• JOHN ENERGY
• ESSAR OTHERS:
• SHELF DRILLING
• TECHNIP
OILFIELD SERVICE PROVIDERS: • SANDVIK
• AF GLOBAL
• ALMANSOORI • EX SAFET
• ARVI ENCON • REVUP
• OFI • GAC
• CONSTELLATION MARINE SERVICES • SRI ENERGY
• FLEXLIFE • SANDVIK
• SMD • TUBACEX
• SONARDYNE • DOW
• JDR CABLES • SGS
• SUBSEA 7 • PARVEEN INDUSTRIES
• DUPONT • DNV GL
• BHARAT FORGE • PETROLINK
• ELEKTRONIK LAB • OILEX
• RVP INTERNATIONAL • BUMI ARMADA
• BSR AND ASSOCIATES • ABAD
• SATYAM STEEL AND MARINE SUPPLY • OILMAX
• OCS SERVICES • UKTI
• AMETEK • JUBILANT
• LILY MARITIME • ERM
• ADANI WELSPUN • GE OIL & GAS
• AMETEK • MACHINOMATIC
• LILY MARITIME • SRI ENERGY
• ADANI WELSPUN • ALL RIG
• BRUNEL • ARYATECH
• S K OILFIELD • PRONOVA
• BENLINE •L&T
• MINERVA AUTO • INTEGRATED EQUIPMENTS
• CHANDRA SHIPPING
 S T A T I S T I C S
Attendees By Region Attendees By Job Function

• MD / CEO – 9%
• VP / Directors – 13 %
• GM / Country Manager / BD Head / ED / Head Technical – 19%
• Managers – 34 %
• Engineers / Technical Advisors / Geologists / Consultants – 25 %

Reasons For Attending The Conference

A) Current Development in the Sector

B) To present / Co-present a paper
C) To Network ,Attend the Inaugural session /
Keynote Speakers and Technical Sessions

INAUGURAL CONTENT / PANEL DISCUSSIONS – 90% OF THE ATTENDEES RATED THE KEYNOTE SESSION/PANEL DISCUSSIONS
AS INFORMATIVE AND APPLICABLE FOR THE INDUSTRY’S GROWTH.

THE TECHNICAL SESSIONS RECEIVED THE FEEDBACK FROM EMINENT DIGNITARIES AS –

1) INFORMATIVE AND APPLICABLE FOR FINDING OUT SOLUTIONS GIVEN THE CLIMATE OF THE INDUSTRY.
2) HIGHLIGHTED THE MARKET FUTURE AND APPROACH BEING USED BY MAJOR CORPORATIONS.
3) APT RANGE OF TOPICS COVERED WITH QUALITATIVE CASE STUDIES.
4) A GOOD PLATFORM FOR DRILLING CONTRACTORS WITH REAL EXAMPLES ON THE FIELD.
5) PANEL DISCUSSIONS REFLECTED THE CURRENT DEVELOPMENTS.
6) MEETING WITH EXISTING AND POTENTIAL CLIENTS.

OVERALL ORGANISATION OF THE CONFERENCE – 95% OF THE ATTENDEES RATED THE CONFERENCE FLOW AND
ORGANIZATION AS EXCELLENT AND WELL MANAGED.
 FEEDBACK REPORT
NAME- ARUN SHAHI

DESIGNATION- Manager Assets

COMPANY- BHARAT PETRORESOURCES LTD.

Technical sessions were very informative and panel discussions reflected the current development happening in

the industry.

NAME- JAYANT MALHOTRA

DESIGNATION- VICE PRESIDENT

COMPANY- SCHLUMBERGER

IDEC is wonderfully maturing since last few years. I am so glad to see the performance and participation in the

recently concluded event at The Leela in Mumbai. Impressive show and I am convinced that with new strategy

and ideas, it will take itself to the next level. Congratulations and keep up the good work.

NAME- ARUN JULKA

DESIGNATION- Executive Director

COMPANY- OCS SERVICES India

Technical sessions were information rich and applicable for business growth. Very useful topics, well covered by

the speakers within the time available.

NAME- DEENA DHAYALAN

DESIGNATION- Country Manager

COMPANY- Brunel India Private Limited

Delivered integral insights for the oil and gas market future and various ideas and approaches to overcome this

hard time.

NAME- JAMES GORDON

DESIGNATION- Technical advisor

COMPANY- TWMA

UBD presentation by Halliburton, Drilling and Casing by WFD were of the most interest to myself on a technical

level.
K E Y S U P P O R T E R S

Department of International Trade /

British High Commission ,UK

For More Details -

Contact - Mr. Mohit Kapoor - 9769345348
parth@idecindia.co.in / mohit@idecindia.co.in

Website - www.idecindia.co.in