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UK trade delegation at PETROTECH reaffirms UK commitment to India

More than 20 British companies are participating in PETROTECH being organised by Government of India in New Delhi, 4 to 7 December 2016.

Petrotech
UK team at PETROTECH 2016

In its 12th edition, PETROTECH serves as a platform for national and international experts in the oil and gas industry to exchange views and share knowledge, expertise and experiences.

The visit is been organised by Scottish Development International (SDI), the Scottish Government’s international arm, and the Department for International Trade (DIT), in response to supply chain opportunities presented by recent announcements from the Government of India, and a visit to Aberdeen from India’s Minister of State for Petroleum and Natural Gas, Dharmendra Pradhan in September 2016. During the visit, the minister outlined the need for a stronger India-UK partnership based on further trade and investment, technology and skills transfer, and world-class innovation.

Jamie Banks, Regional Director – Oil and Gas, DIT said:

The sky is the limit when it comes to collaboration between India and the UK in the field of oil and gas. The recent visit of Dharmendra Pradhan, the Indian Minister for Oil and Gas for the Government of India, set the bar high for collaboration our countries, and this large British trade mission to PETROTECH reaffirms UK’s commitment to India’s oil and gas sector.

The UK trade mission at PETROTECH will contain world-leading companies that bring real competitive advantage to the economy. British expertise and knowledge in oil and gas is in demand across the world, and Scotland has become a significant global hub for development in this area.

Scotland’s oil and gas industry is a 50 year success story, and has played a critical role in the world’s economy. Despite global recession, Scotland’s world class expertise has allowed record exports of products and services in oil and gas. Total supply chain sales are now worth in excess of £22 billion a year, with direct international sales accounting for almost half that figure.

Cherise Mascarenhas, Country Head – India, SDI said:

Scotland’s energy sector is a force to be reckoned with and I am delighted to welcome such a large delegation representing Scotland’s oil and gas industry. In recent times, the global climate in the oil and gas sector has been challenging and it is very encouraging that Scotland’s supply chain continues to seek opportunities both domestically and in overseas markets. Scotland’s core strengths across the supply chain span from technology and engineering through to project management, health & safety and training & education. This mission is an opportunity to showcase Scotland’s expertise and to build on existing commercial partnerships. Scotland recognises India’s ambitious plans for the energy sector and is keen to be a strategic partner in this journey. I look forward to significant partnerships and trade deals being forged as a result of this mission.

At the PETROTECH event, a new gas forum designed with UK support will be launched on 6 December to provide stakeholders with a platform and a voice to shape the development of India’s gas market. The forum will be hosted at PETROFED, and has been designed with input from IHS and ICF. Gas markets will play an important role in India’s plans to boost energy security and develop cleaner fuels.

British companies are also participating in the exhibition and showcasing their cutting edge technologies at:

Stand no. F 02,
J and K Pavilion, Hall no.18, Mezzanine
Entry from Gate No. 8 of Pragati Maidan, New Delhi

For more information, please contact:

  • SDI works to attract inward investment and knowledge to Scotland to help the economy grow. It also helps Scottish based companies to trade overseas and promotes Scotland as a good place to live, work and do business. It is a partnership between the Scottish Government, Scottish Enterprise and Highlands and Islands Enterprise and its work is guided by the Scottish Government’s strategy for economic development in Scotland.

  • DIT helps UK-based companies succeed in the global economy. We also help overseas companies bring their high-quality investment to the UK’s dynamic economy. DIT offers expertise and contacts through its extensive network of specialists in the UK, and in British embassies and other diplomatic offices around the world. We provide companies with the tools they require to be competitive on the world stage. Find more on GREAT website.

For media queries, please contact:

Stuart Adam, Head,
Press and Communications
British High Commission,
Chanakyapuri, New Delhi 110021
Tel: 24192100; Fax: 24192411

Mail to: Anshuman Atroley

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Published 5 December 2016