Directors from firms including BP, Shell, Chevron, Statoil and GDF Suez are set to discuss the industry's "technology gaps" - with the Gulf of Mexico oil disaster just one of a series of topics the industry plans to address in 2011.
The annual event is hosted by the ITF, a not-for-profit group based in Aberdeen, which is owned by and acts as an "honest broker" between major oil and gas operators and service firms.