UK Department for International Trade set up a delegation of Indian oil and gas organisations at the Society of Petroleum Engineers' Offshore Europe in Aberdeen from September 5 to 8. The group is led by senior officials from the Ministry of Petroleum and Natural Gas. It aims to take the existing bilateral partnership between UK and India forward. The delegation includes India's Oil and Natural Gas Corporation, the Federation of Indian Petroleum Industry and four other private companies.
SPE Offshore Europe will host technical sessions, conferences, workshops, and exhibitions from global industry players across the value chain. Andy Barr, Head of Trade and Investment at the British High Commission, New Delhi said, “Since the turn of the century, UK companies are responsible for over one third of all FDI into India's oil and gas industry. Companies such as British Petroleum and Shell have a long-established presence and, as India intensifies its offshore, deep water exploration and production, the UK's experience in the North Sea and Continental Shelf which has created a business infrastructure of over 3,000 companies means there is enormous potential to enhance our collaboration.”
The conference enables businesses and trade bodies to keep updated with the most significant technologies and helps them connect with a global network of over 50,000 international attendees. “We are bringing together British investors and export-ready companies with the visiting Indian delegation to look at opportunities for commercial partnerships across investment, services, technology and skills,” Barr said.
