Egypt and Schlumberger Announce the Launch of Egypt Upstream Gateway

The Upstream Gateway will host Egypt’s upcoming bid round highlighting lease availability information to national and international investors worldwide.
Publish Date
23rd February 2021
Categories
Read Time
2 minutes

The Egyptian Ministry of Petroleum and Schlumberger has announced the launch of an innovative national project for the digitalisation of subsurface information in Egypt, the Egypt Upstream Gateway.

The digital platform is to enable global access to the country’s subsurface data, which is kept by enhancing legacy datasets through reprocessing and new studies. The platform has an online portal which means data can be accessed virtually from anywhere.

The Gateway provides access to over 100 years of accumulated onshore and offshore seismic, non-seismic, well-log, production, and additional subsurface data under a single platform. It will also be used to unlock the potential of the petroleum sector and to promote exploration and production activities in the sector.

Speaking on the digitalisation, the Egyptian Petroleum Minister, Tarek El Molla, said: “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. 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.”

President, Digital & Integration, Schlumberger, Rajeev Sonthalia, said: “The Egypt Upstream Gateway is the embodiment of the Egyptian Ministry of Petroleum’s vision, leveraging digitization to modernize the country’s petroleum sector. 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.”

The Upstream Gateway will host Egypt’s upcoming bid round highlighting lease availability information to national and international investors worldwide.

Post Tags

Related Tags

My Blog

Related Articles

Leave an Opinion

Your email address will not be published. Required fiels are marked *