Business

Houston To Host 23rd World Petroleum Congress In 2020

It’s the first time since 1987 that the international oil and gas forum takes place in the United States.

Listen

To embed this piece of audio in your site, please use this code:

<iframe src="https://embed.hpm.io/180981/180979" style="height: 115px; width: 100%;"></iframe>
X
A Houston delegation, including Mayor Turner, fifth from the right, traveled to Bahrain to make its final pitch and witness the vote.

Delegates chose the Bayou City over Vancouver with a 25 to 10 vote Thursday.

It comes after two unsuccessful attempts by Houston to secure the triennial World Petroleum Congress in 2017 and 2014.

From Bahrain, where the vote took place, Houston Mayor Sylvester Turner told News 88.7 he is very excited.

"It was a total collective effort from the private sector, Houston First, the city of Houston that made it happen," he said.

Along with the U.S. bid committee, Turner lobbied for Houston extensively, including on his recent trade missions to Cuba and Mexico.

The congress is expected to draw about 10,000 top level oil executives from across the world. The economic impact is estimated to range between $60 million and 80 million.

"Even more significant, probably, is just the thought leadership in positioning Houston as that energy capital of the world and the place where people come and leaders come to determine the future of the industry and deal with the tough issues," Bob Pertierra, chief economic development officer at the Greater Houston Partnership, said.

This will be the third time the World Petroleum Congress takes place in the United States, and the second time in Houston.

The city will take the net profit of the event to establish a global program to benefit the next generation of energy professionals.

Subscribe to Today in Houston

Fill out the form below to subscribe our new daily editorial newsletter from the HPM Newsroom.

* required

Share