Oceantex
2010
 That
India owns around 80% of the offshore
contracting services market is what
brings a greater need to delve deeper
into this forum. India is now the
leader of this business, owing to
reasons like a highly skilled work
force, extensive use of the English
language, viable labour costs and
most importantly encouragement in
software development disciplines
With
Oceantex 2010, the Chemtech foundation
brought to light the significance
of offshore business in India differently.
Held from 3rd to the 6th of March,
2010, Oceantex saw the world’s
top Offshore, Marine and other energy
sector related companies showcasing
their services with leading edge
concepts. The scope of offshore
business in India was discussed
and debated by experts from various
parts of the world.
Speakers from Japan, Italy, Brazil,
France, Singapore and various other
countries highlighted the importance
of offshore technology and gave
the Indian entrepreneurs an insight
into the gamut of opportunities
that come with it. The theme was
introduced by The founder and Chairman
of the Jasubhai group, Jasu Shah
and the Director (Exploration) of
ONGC, D.K Pande, as “Growth
Drivers for Energy Security for
the Decade”. After the rather
crisp welcome address by Jasu Shah,
‘energy security’ and
the challenges in technology were
the highlights of Pande’s
speech.
As they have always claimed, Oceantex,
this year has helped identify areas
of cooperation and find ways to
use
the world’s petroleum resources
in the most optimal and efficient
manner. Rahul Dhir of Cairn India,
dexterously explained the rising
energy demand and consumption and
pointed that transportation was
responsible for most of it and that
“what is needed is urgent
action, and on a collective basis”.
For the first time in India, Oceantex
saw Brazil participating in the
conference and had Nelson Narciso,
Director of ANP National Petroleum
Agency) emphasize on the opportunities
that are available and open to the
Indian market in Brazil. He described
the principles of securities regulation,
by which they are governed, that
make Brazil the safest place for
investors. Oceantex 2010 saw other
distinguished speakers such as I.J
Kapoor-NTPC, H.K Srivastav - Director
General of Hydrocarbons who said
“KG basin block will be responsible
for the doubling of India’s
oil production in the coming years
and that we require intensive exploration
and research for untapped resources”,
Yogesh Bhatnagar - Executive Director
of ONGC who illuminated the strategies
for energy security in his presentation.
Presentations from Technip propelled
the attendees of the conference
deeper into the offshore business
world, with topics such as Floating
LNGs and Umbilicals. The Project
Manager of Reliance Industries Limited,
Naresh Narang, presented the KG
D6 block in an elaborate manner.
Revolving around the theme, Oceantex
2010 also witnessed a behaviour-
based safety presentation that left
the audience intrigued, by Roger
Moore, the Principal Consultant
of BST global safety solutions.
A presentation with a difference,
Moore pointed out the vital role
of safety training among the top
level management in a company for
its smooth functioning, and how
occupational injuries can be avoided.
 Oceantex
2010 also included a four day exposition
wherein the world’s leading
offshore-based companies and other
energy-related firms had a great
deal of services displayed. Among
the Indian entrepreneurs, this event
has also spurred ideas of the latest
marine technology coming from the
world’s leading energy firms
outside India. Although offshore
outsourcing to India has always
been popular, this event hosted
by Chemtech foundation gave the
Indian and foreign investors an
excellent business platform and
better reason, than just the cost
reduction factor, to take, not just
the Indian, but the world offshore
business to a greater level.
Vidya Prakash
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