EGYPS: world investors to focus on Egypt oil, gas sector next Feb

Egypt’s Petroleum Show EGYPS will take place in Cairo from February 14 and 16, set to be the largest oil and gas industry gathering in North Africa region.

Under the patronage of Egyptian President Abdel Fattah al-Sisi and Ministry of Petroleum, the event will be held at the Cairo International Convention Centre.

Egyptian Minister of Petroleum Tarek el-Molla affirmed that holding the conference and exhibition in Cairo reflects Egypt’s continuous efforts to promote new projects, attract investments in the petroleum sector, and consolidate communication with foreign investors and large international corporations, which are foremost on the investment opportunities map.

New prospects in oil and gas production, along with partnership opportunities, not only signify vast investment opportunities in new petroleum projects, but also target boosting energy supplies, and are one way the government aims to build the economy while securing the country’s energy needs for long periods to come.

“The three-day exhibition and conference promise to be the most sought after meeting place for all oil and gas professionals in the North African, Mediterranean and the South European region with leading global oil and gas players exhibiting across three halls and 70 percent of the exhibition sold out.” said Christopher Hudson, President of dmg :: Events Global Energy, the company responsible for organizing the Egypt Petroleum Show 2017.

Exhibiting companies includes Egyptian and Middle Eastern oil companies (NOCs), such as EGAS, EGPC, Ganope, ECHEM, BAPCO and BANAGAS. Government entities participating involve MIDOR, NOGA Holdings, and GPIC. IOCs from all over the world are attending, with ENI, BP, ExxonMobil, Apache, Shell and Edison exhibiting at the 2017 event.

A comprehensive list of world-class service providers exhibiting EGYPS encompasses the likes of Schlumberger, Halliburton, Baker Hughes, Weatherford, Aveva Solutions, DNV GL and AkzoNobel. At the local level, renowned firms such as ENPPI, Petrojet, Petroleum Marine Services, EPHH Rig Manufacturing, Ruhrpumpen Egypt, SHOTEC, Maridive Group, and the Ayadsons Group are all appearing in the exhibition halls.

Hudson added: “We have worked tirelessly over the last eight months to create a world-class event for Egypt. We are encouraged to see, as we anticipated, great interest from global, regional and local players, including government ministers, IOCs, NOCs, and a host of the sector-leading service providers. Egypt has enormous potential, and the eyes of the world are focused on this exciting market. In this prolonged period of low oil prices, it is gratifying to see so much excitement being generated by EGPYS.”

“Not only is EGYPS gearing up to be the largest oil and gas exhibition in the country, but also the largest industry technical conference, including 28 technical conference sessions across the event’s three days, covering over 10 technical categories and a one day dedicated women in energy conference to host 8 sessions” he added.

EGYPS is to also host two days of strategic industry conference sessions and panel discussions including ministerial dialogue and a global business leader’s panel, where the future of Egypt’s exciting oil and gas sector will be firmly under the spotlight. The EGYPS Petroleum Club is an exclusive, private business meeting and networking zone exclusively for C-level industry players, sponsored by Exxon Mobil.

“We see the Egypt Petroleum Show as a unique opportunity as it brings together key players in our industry, since the conference’s Executive Committee aims at ensuring the strategic development and future growth.  As such, several multi-disciplines ExxonMobil Egypt employees are participating as members in the key committees, such as technical, investment, CSR & media committees, thus providing knowledge and expertise to help shape the structure of the conference. By making EGYPS become the leading petroleum show across Egypt and North Africa, we help develop the Egyptian economy”, said Hesham El-Amroussy, chairman and managing director of ExxonMobil Egypt also a member of EGYPS Executive Committee.

Hussein Fouad El Ghazzawy, Vice President and General Manager – Schlumberger Egypt, South Sudan and East, also a member of EGYPS Executive Committee, said: “Our aim of being part of the EGYPS 2017 is to demonstrate our unwavering commitment to Egypt, its people and local talent to further enhance the country’s aim to be a vital regional energy player. We truly believe in the oil and gas potential of Egypt to the extent that we have invested in one of the largest projects for Schlumberger in recent years. Our Egypt Centre of Efficiency, a 100,000 Sq metre operating base in 6th of October will be inaugurated in 2017.”

Hudson said: “We are extremely grateful for the support and understanding we have received from the President and the Minister of Petroleum and Mineral Resources in ensuring the inaugural EGYPS 2017 is a success. Having the Minister himself as Event Chairman underlines Egypt’s commitment to bringing energy security to all.

“It is also testament to the event’s importance that we have the backing of Exxon Mobil as diamond event sponsor, BP as platinum sponsor, Schlumberger as gold sponsor and Halliburton as silver sponsor, and finally MIDOR and Baker Hughes as bronze sponsors. EGYPS 2017 is positively looking to attract over 800 conference delegates and 10, 000 visitors across the three days of the show” he added.