EGYPT: Cairo to host 2015 Oil & Gas summit next February

Recently, Egypt announced companies that were awarded blocks following the country’s 2013 bidding round which received great participation from international oil companies. The blocks awarded included two in the east Mediterranean frontier basin and two offshore the Nile Delta.

Although wells have yet to be drilled in these blocks, seismic and regional data indicate that the plays are similar to others where hydrocarbons have been discovered in the past. Considering the country is one of the oldest oil producers in the world, the results of the first tests are very much anticipated.

Senior representatives from GASCO, BP, RWE, Dana Gas, Apache, Vegas, Edison, Amal Petroleum, El Hamra Oil, South Abu Zenima Petroleum, Sinai Gas, and Tanmia Petroleum will be sharing their experience through insightful presentations.

Spectrum, Technip and Genesis are confirmed as sponsors of the Egypt Oil & Gas Summit. Spectrum is a key company in the international seismic industry, and for Egypt especially, they have an advanced “Data Processing Centre” with the capability of processing large volumes of both offshore and onshore seismic data. Technip, has been awarded various contracts in Egypt for the construction of refineries and expansion projects, subsea EPIC and others. Genesis is the subsidiary of Technip that specialises in various engineering projects for operators in numerous locations globally.