Energy Security, Decarbonization Take Centre Stage at 8th EOG Convention

Energy Security, Decarbonization Take Centre Stage at 8th EOG Convention

Following a productive COP27, the 8th Egypt Oil & Gas (EOG) Convention (November 27-29) came to crown the success of the global climate summit by uniting Egypt’s energy sector in discussing solutions to accelerating the implementation of decarbonization, digitalization, and energy security.

This year’s convention came with 2 milestones as it celebrated 15 years of the establishment of EOG and 10 years of the EOG committee.

The elaborate opening of the convention took place at Dusit Thani Hotel and was launched by Minister of Petroleum and Mineral Resources Tarek El Molla, who highlighted the importance of this occasion in his opening speech. “I think it is a good opportunity for us during these three days to cover all the good ideas that we have already set and identified. What we need to work on together is how we can accelerate the implementation.”

El Molla stated that the petroleum sector’s successes came from cooperation, interdependence, and teamwork on an integrated program in partnership between the sector’s entities with the state, the private sector and international companies, with the full support of President Abdel Fattah El Sisi, the government and everyone’s belief in the message, vision and cooperation together.

The Minster congratulated EOG and its team on the occasion of its 15th anniversary and the tenth anniversary of the EOG Committee hailing their efforts in bringing the industry’s stakeholders together. “Today we are celebrating the 8th convention of Egypt Oil & Gas, so, I am very happy to see the progress of this marketing arm that we have decided together to consider as part of our organization in order to make the bridge between the ministry and the state corporations together with our partners, the private and international community.”

Adding to his remarks, Mohamed Fouad, EOG CEO and Committee Co-Chairman, also had an inspirational opening speech, pointing out that the focus of the convention is to showcase the efforts of the oil and gas industry in COP 27 and how our industry is able to contribute and support climate change. He further highlighted the role of Egypt Oil & Gas Group and the EOG Committee in the sector since their establishment, affirming their continuous support for the industry. “In the last 15 years, we were able to position ourselves as much more than just a monthly publication, we’ve supported in creating strategies, and initiatives, and presented our industry efforts globally in the format it needs to be shown in. We worked to make an impact! And this will continue to our main goal.”

For his part, David Chi, Vice President and Country Manager of Apache Corporation, EOG Committee Chairman appreciated the support of the minister to EOG committee efforts. “All of us know that we live in a very dynamic and complex world, and one of the biggest challenges humanity faces today is how we produce more energy in order to meet the ever-growing energy demand while doing so in a very responsible, reliable, and affordable manner and that it is the key frame of today’s convention.”

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