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The Indonesian Petroleum Association (IPA), which brings
together major oil companies and associates, is to hold its 32nd
convention and exhibition May 27 to 29 in Jakarta.
President Susilo Bambang Yudhoyono is slated to open the three-day
event, which will feature discussions between industrial partners and
government along with an exhibition showcasing the latest industry
technology.
So far some 113 exhibitors, including oil and gas companies, service
companies, contractors and consultants are scheduled to participate in
the event.
IPA president director Roberto Lorato said Thursday that since oil and
gas firms were facing challenges due to rising oil prices, this year's
seminar would have the theme "meeting energy challenges through
cooperation".
Lorato said one of the main aims of the convention was to facilitate
dialogue between the government and contractors to look at ways to
improve the performance of the country's oil and gas industry.
High-ranking officials from the Energy and Mineral Resources Ministry
and the upstream oil and gas regulator BPMigas will also participate.
On the last day of the event, the government will also announce a new
round of bidding for oil and gas blocks.
The IPA was established in 1971, with the group now comprising 47
company members and 93 associate members.
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