Egypt’s Ministry of Petroleum, Schlumberger Launch National Digitalization Platform
The Egyptian Ministry of Petroleum and oilfield services provider Schlumberger have launched Egypt Upstream Gateway, a national digitalization project that will assist in promoting Egypt’s exploration and production potential globally.
The digital platform grants access to over 100 years of accumulated national onshore and offshore seismic, non-seismic, well-log, production and additional subsurface data. In turn, the data serves to de-risk decision-making by providing the ability to explore multiple basins and evergreen data, and can be accessed globally.
“Egypt is in the process of launching the Egypt Upstream Gateway, a digital subsurface platform that will act as an up-to-date repository of the country’s subsurface data,” said H.E. Tarek El-Molla, Minister of Petroleum and Mineral Resources. “The Egypt Upstream Gateway will digitally promote Egypt’s oil and gas bid rounds through seamless online access to the sector’s data, as well as endorsing our exploration potential worldwide.”
Egypt will host its 2021 bid round – in which it recently announced 24 blocks on offer across the Mediterranean Sea, Western Desert and Gulf of Suez – through the digital platform to highlight lease availability information to national and international investors worldwide.
“The Egypt Upstream Gateway is the embodiment of the Egyptian Ministry of Petroleum’s vision, leveraging digitization to modernize the country’s petroleum sector,” said Rajeev Sonthalia, President, Digital & Integration, Schlumberger. “With the launch of this industry-first platform, the Egyptian Ministry of Petroleum and its affiliates—EGPC, EGAS, GANOPE—can digitally showcase national assets to investors worldwide, in addition to leveraging the latest digital technology and solutions to accelerate discovery throughout the country.”