With upstream activities as a core pillar on Egypt’s ambitious growth plans, petroleum leaders gathered at Cairo’s Sky Executive Resort on January 21st and 22nd to examine recent achievements and discuss ways of enhancing oil and gas production levels, reducing operational costs, and providing new opportunities for young industry
Under the patronage of H.E. Minister of Petroleum and Mineral Resources, Tarek El Molla, the two-day Upstream Technical Convention was launched in line with the ministry’s “Modernization Program,” offering important updates on the program’s activities and fruitful insights to meet the ministry’s expectations.
During his speech El Molla thanked the organizers for their efforts and commitment; he further praised the event’s importance in giving “an excellent opportunity to exchange ideas and insights on the challenges and opportunities of the recent developments in the oil and gas sector.” The minister expressed his expectation that the mindset-rich environment would promote “production increase and decrease costs,” as well as bring “significant recommendations on how to enhance opportunity and productivity of young professionals.”
The inaugural speech was presented by Egypt Oil & Gas Managing Director, Eng. Mohamed Fouad, who noted
the industry’s responsibility to “continuously reinvent itself in order to keep up with the high competitive
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