Call for interest - Norwegian Energy Partners are pleased to invite you to participate in the Norwegian Pavillion at EGYPS 2019
Opportunity for members to meet Norwegian Energy Partners' Advisor and discuss your Saudi Arabia and Egypt business strategy and actions.
Energy Advisor for Saudi Arabia and Egypt, Mr. Osama Kamal, will be in Norway to meet Partners in the period from 3rd to the 8th of May 2018.
Osama will be available for meetings in Stavanger, Oslo and Bergen.
Saudi Arabia Workshop and One 2 One meetings in Oslo 2 May 2018
Call for interest!
Opportunity for members to meet Norwegian Energy Partners' Advisor and discuss your Egypt or Saudi Arabia business strategy and actions.
INTSOK visited Egypt on a fact-finding mission in October 2016, meeting a very representative group of decision makers, from the Minister of Petroleum and Mineral Resources, to the chairmen of EGPC, EGAS, Ganoub El-Wadi as well as the management of JV Companies.
Please go to the event to see all presentations:
During a visit to Egypt in October 2016, INTSOK met with the Egyptian National Oil Companies, (EGPC, EGAS and Ganope). EGAS gave a good and very detailed presentation about the natural gas industry in Egypt, which now is becoming the engine of growth in the Egyptian economy.
(This is an exerpt from the Annual Offshore Oil & Gas Market Report 2019 - 2022 )
After several years with political instability, financial challenges and low investment levels in the oil and gas industry, the situation has stabilized and the offshore market reached an all-time high in 2017. Fueled by giant gas fields coming on-stream in the period 2017-2019 and the end of LNG imports, Egypt’s economy is set to recover.
Egypt’s Oil Minister, Tarek El Molla, said that the country will increase its natural gas production to between 5.5 and 6 bcf/d by the end of 2019, Reuters reported. Egypt currently produces 3.9 bcf /d of natural gas. The minister also added that Egypt currently has 12 ongoing natural gas field development projects that required a total of US$ 33billion of investments. Three of these 12 projects, which include the mammoth Mediterranean gas field Zohr discovered by Italy’s Eni last year, are forecast to collectively bring in 4.6bcf/d, by the beginning of 2019.
INTSOK advisor Osama Kamal delivers an overview of the most important oil companies and joint ventures in Egypt per date.