27th Caspian Oil & Gas Expo to host nearly 250 firms in Baku on June 1-3

By Sibel Morrow

ANKARA (AA) - The 27th Caspian Oil and Gas International Exhibition will be held between June 1 and 3 in Azerbaijan’s capital Baku, bringing together 249 companies from 30 countries across the globe to discuss key oil and gas developments.

The event will host top executives to discuss key oil and gas projects in the Caspian region during the events of Baku Energy Week.

The 10th Caspian International Energy and Renewable Energy Exhibition along with the Baku Energy Forum will also take place on the sidelines of the exhibition.

Among the countries participating are Azerbaijan, Belarus, the UK, Hungary, Germany, Greece, Israel, Spain, Italy, India, Kazakhstan, China, Netherlands, Norway, United Arab Emirates, the Russian Federation, Romania, Saudi Arabia, Serbia, Singapore, the US, Turkiye, Finland, Switzerland and Japan.

Azerbaijan’s Energy Ministry and Azerbaijan's national oil company SOCAR support the event that will host leaders of the energy industry and international energy companies, including bp, Equinor, Masdar, Turkish Petroleum (TPAO), Baker Hughes, Gazprombank, TotalEnergies, Uniper, Baku Steel Company, Schlumberger and Ernst & Young.

The exhibition will display energy and electrical engineering, alternative and renewable energy sources, cable and wire products and lighting.

During the exhibition, the companies will showcase innovative technologies for oil production and energy transportation, oil and gas storage and services, along with current and prospective oil and gas projects in the region.

The event will also focus on global energy prospects encompassing a map of exploration and production opportunities in the Caspian region, financing the transition to green energy and other topical issues.

Along with talks on the global energy outlook, the Baku Energy Forum will facilitate discussions on topics including the path to net zero, unlocking workforce potential for the transition towards a lower-carbon future in the energy sector, mapping exploration and production opportunities in the Caspian region and oil refining and petrochemistry sector: current projects and development prospects.

Also, at the initiative of the World Bank, a special Azerbaijan Offshore Wind Road session will be held within the framework of the Baku Energy Forum.

The British energy giant bp and the Azerbaijan State University of Oil and Industry are expected to sign an agreement on the implementation of a higher renewable energy program.