Export controls have become a high priority for the oil & gas industry in recent years. Governments have started to take a more stringent approach to the topic and are placing a much stronger focus on enforcing export controls to control the flow of data, technology and equipment around the world to make sure it doesn't fall into the wrong hands, in particular owing to political instability in certain parts of the world.
As the demand for oil & gas increases, yet reserves from traditional sources dwindle, this has forced the industry into newer, less established and riskier locations to try to meet this rise in energy demand. As projects become more complex and the technology needed to exploit these resources becomes more hi tech, the industry is facing more and more challenges in the areas of trade compliance and export control. Not only does the industry have to deal with the logistical challenges of exporting this equipment to difficult locations (whilst monitoring costs) and the complexity of their supply chain, they also have to ensure they have the correct export controls in place to ensure trade compliance.
With the industry working on a global scale and on a project by project basis, ensuring compliance to trade rules and regulations to ensure equipment arrives on location in the most cost effective manner, without causing delays in the supply chain, or violating export controls, has never been more important.
Time: 8th-10th April 2013
Location: The Hilton London Paddington Hotel, United Kingdom
Hosting Organization: marcus evans
Event Website: http://www.marcusevans-conferences-paneuropean.com/GlobalTrade_SCBpress
Contact: Tel: +357 22 849 408
Fax: +357 22849 394
Enjoy curated articles directly to your inbox.