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“…No wonder, for Omanis have been, from ancient times, civilization makers, thanks to their great historical heritage, their openness to other civilizations across the seas and oceans, and their ability to communicate and exchange mutual benefits with others. This is why Omanis are well-qualified to be a model for others to follow in this age of rapid development and progress, and why Omanis are also capable of coping with the challenges of the modern age—espousing every new enlightened idea, benefiting from sciences and new technology and, at the same time, constantly preserving values and high principles in which they believe and traditions and original customs with which they were brought up. We all know that progress is part of the reality of the universe we live in.”

His Majesty Sultan Qaboos Bin Said, 2011.

Introduction: Ocean Economy

One of the world’s most important natural resources, our oceans drive our climate and weather systems and play a key role in the global carbon cycle. They hold a large share of the Earth’s biological diversity, a wealth of non-living resources and offer a vast and largely untapped source for the development of medicines, materials and more. Our oceans provide and support economic goods and services from energy, mining and fisheries to marine transportation and security. Read More

Research by the United Nations shows that the world’s oceans provide livelihoods for more than three billion people from fishing alone, directly or indirectly, employing in excess of 200 million. Our oceans bring US$3 billion to the global economy each year – that’s about 5% of global GDP and according to recent figures from the OECD, contribute US$1.5 trillion annually in value-added to the overall economy.

A major source of food, our oceans serve as the primary source of protein for over 3.2 billion people, and are central to global food security. They also provide conduits for trade and transport, recreation and are an endless source of beauty and wonder.

For Oman, five vital sectors support our strategy for future prosperity, agriculture and fisheries, logistics, mining, manufacturing, and tourism and our coastal waters have a central role to play in the successful diversification of our economy.

The fertile coastal waters of the Sultanate offer a wealth of possibilities for the fishing industry and provide abundant opportunities for aquaculture – the fastest growing area of agriculture. In fact, the Ministry of Agriculture & Fisheries estimates that aquaculture could represent a 220,000 ton/US $500-900 million industry by the year 2030, creating jobs, attracting investment, improving food security and opening up other opportunities.

Our location at the heart of global trade routes makes our peaceful and calm seas an attractive and reliable hub for the global logistics industry and as such will allow us to maximize the rich promise of our mining and manufacturing sectors – shipping their produce quickly, efficiently and cost-effectively to customers and clients around the globe.

Beyond this, blue-bio technology is an exciting emerging sector with tremendous potential for the use of marine biological systems and living organisms or derivatives to produce novel and innovative products and services for the medical and beauty industries. Replete with rich and unique marine life, Oman’s waters hold particular promise in this regard and indeed our scientists are already investigating marine based treatments for diabetes and cancer as well as new antibiotics, amongst other areas.

Of course, many industries around the world are reliant on the marine environment for resources that include oil, gas and marine aggregates.  However, the waters of Oman are especially blessed in this regard. Additionally, our oceans hold the potential for renewable energy technologies, such as offshore wind farms, tidal or wave energy devices.

Our oceans have incredible potential to boost Oman’s economic growth and wealth. But this most valuable and precious natural resource is under threat from climate change, pollution and human activity. It is our responsibility, as a nation and whose history and heritage has long been tied to the seas and as responsible global citizens, to protect and conserve our coastal waters.  We must manage them sustainably to make our coastlines more resilient, to develop knowledge and capacity around ocean health, and to educate the public on the incredible importance of the sea. It is not an exaggeration to say that the very survival of humanity depends on the health of our oceans.

Why an Ocean Economy Conference?

Objectives

  • Explore current and prospective ocean economy related industries.
  • Exchange knowledge and international case studies, prioritization and benchmarks for a sustainable ocean economy.
  • Develop a global understanding on ocean sustainability through science and technology diplomacy.
  • Highlight future technologies and innovation in the ocean economy.
  • Stimulate international collaboration in the sustainable ocean economy.

Conference Agenda

The Conference will touch upon the trends that are forming the future Ocean Economy, including disruptive and oceanology, concepts and international case studies. We will examine future ocean technologies with emphasis on, operational enhancements, emerging oceanology business opportunities, regulatory challenges and the impact on current and future careers

Conference Themes

Aquaculture

& Fisheries

Ocean

Energy

Transportation

Logistics & Ocean

Ocean

Mining

Sustainability

Who Should Attend

Regulators Oil & Gas Renewable
Energy
Deep Ocean Mining Ocean Logistics,
Services &
Manufacturing
Aquaculture Ocean future innovation

and technologies

Oceanology Research & studies Fisheries Deep Ocean Technologies

Who Should Attend

Regulators Oil & Gas
Renewable
Energy
Deep Ocean Mining
Ocean Logistics,
Services &
Manufacturing
Deep Ocean Technologies
Aquaculture Future Technologies
Oceanology Research Fisheries
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

International Partners

The Foreign Ministries Science and Technology Advice Network (FMSTAN) is a global web of science advisors with experience within countries’ Foreign Ministries.
INGSA provides the forum for policy makers, practitioners, national academies, scientific societies, and researchers to share experience, build capacities, and develop theoretical and practical approaches to the use of scientific evidence in informing policy at all levels of government.
The International Science Council (ISC) is a non-governmental organization with a unique global membership that brings together 40 international scientific Unions and Associations and over 140 national and regional scientific organizations including Academies and Research Councils.

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