Saudi Aramco has played a major role in a recently held conference in Saudi Arabia on "Oil and Gas Exploration and Production Technologies." The conference, which was attended by Minister of Petroleum and Mineral Resources Ali Ibrahim Al-Naimi, focused on seeking innovative approaches for oil and gas exploration and production technologies in the light of ever-increasing demand for oil that is a concern both for the energy industry and consumers around the world, according to a report carried by Saudi Aramco's web-site. Professionals, researchers and academics gathered in Riyadh to share opinions, expertise and knowledge at the meeting. “The ultimate goal of technology is successful scientific research and its application in petroleum fields all over the Kingdom,” Al-Naimi told delegates in his opening remarks. “Saudi Aramco is now considered the leading company in the field of research related to oil and gas exploration technologies and the management of these rich reservoirs.” Al-Naimi noted that Saudi Aramco's Research and Development Center, which has 65 patents and another 130 pending, is exploring new technologies that may provide big dividends to the industry in the future. “This center is tackling scientific research in addition to developing new technologies and providing specialized laboratory services to increase the company's profits efficiently and economically,” the oil minister said. --MORE