EY Assurance Partner Nargiz Karimova speaks at Offshore Support Vessels Caspian Region conference

  11 March 2015    Read: 1234
EY Assurance Partner Nargiz Karimova speaks at Offshore Support Vessels Caspian Region conference
The Offshore Support Vessels Caspian Region conference, the industry’s first OSV conference for the region, took place on 10-11 March 2015 at the Hyatt Regency Baku. Supported by the local alliance of OSV operators, the Azerbaijan Caspian Shipping Company and Caspian Marine Services, the event was unique for this international industry. Participants gained insights into entry of new market players, partnership with local companies, business models in the Caspian and vessel requirements.

The Conference’s first session addressed the prospects for offshore support vessels in the Caspian Region . Nargiz Karimova participated in this session, making a presentation on global trends in E&P. The presentation focused on global economic trends impacting energy consumption, oil prices as a key challenge for the industry, oil and gas discovery trends, trends in upstream CAPEX and an economic overview of countries neighboring the Caspian Sea.

“First of all, I would like to thank the organizers for the opportunity to take part in an event where high-caliber professionals and key executives of leading marine shipping companies share their knowledge and experience related to this industry. Numerous speakers involved in the marine industry discussed challenges related to operations in the Caspian Sea, key market players, customer needs and opportunities for the development of marine shipping in the region. I think this event is of high significance for the country, which is in the process of developing its marine shipping industry,” said Nargiz.

The conference agenda covered a range of issues, including market outlook, operations and vessel features. The result was to help regional oil and gas companies and OSV operators to outline and share market strategies and partnership opportunities.

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