As the world geared up for Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) 2021, Egypt Oil & Gas Newspaper was eyeing the opportunity to speak with Dawn Summers, the Chief Operating Officer of Europe’s leading gas and oil company, Wintershall Dea. Mohamed Fouad, the CEO of EOG met with Dawn to discuss her strategic and technical insights on the latest developments that shape the energy transition pathway.

Following the acquisition of Shell’s onshore assets, Cheiron’s operated production in Egypt has increased to over 130 kboepd, establishing us as one of the four biggest E&P operators in the country. The acquisition has also diversified our asset portfolio and created a long term, core investment area for the company in the Western Desert, to complement our existing Gulf of Suez and emerging Nile Delta positions.

Realizing that energy security and carbon neutrality should be two sides of the same coin, Egypt has linked national development plans, especially those concerning energy transition and energy efficiency (EE), with carbon reduction opportunities. Notably, the move comes within the framework of Egypt’s vision for 2030, which reflects the country’s long-term strategic plan to achieve the Sustainable Development Goals (SDGs).

To begin with, it can be noticed with the increasing oil and gas activities, that there has been an exponentially large amount of greenhouse gases (GHGs) that have been emitted into the atmosphere. This particular phenomenon adheres mostly to Carbon Dioxide (CO2) emissions. With that, the technique of trapping CO2 produced during power production and industrial operations and preserving it so that it is not released into the environment is known as carbon capture and sequestration/storage (CCS). CCS technologies offer a lot of promise for lowering CO2 emissions in energy systems. CCS-equipped plants can collect nearly all of the CO2 that is emitted.

Global warming and climate change are among the most dangerous challenges facing the world these days and will have a negative impact in the future. In 2015, 196 parties have signed The Paris Agreement, an international treaty that aims to limit global warming to less than 2°C compared to the levels before the Industrial Revolution. This came after experts painted a gloomy picture of the future, given the increase in global temperatures.

The industrial development and societal practices of the 20th century have undoubtedly had a disturbing impact on the environment of planet Earth. The wasteful use of natural resources, lack of energy sources development, and improper disposal of energy by-products poses an adverse impact on the entire ecosystem and human health. The causes may be diverse and numerous, but the problems created by the production and consumption of fossil fuels in general and petroleum in particular, represent some of the greatest concerns shared by the entire international community.

With skyrocketing global temperatures, increased natural disasters, and rising sea levels, never has humanity felt the wrath of today’s natural environment. Experts have pointed to global environmental and climate patterns that could spell an apocalyptic scenario if humanity seeks to continue living the way it is now. Despite the various opinions about climate change that exist within human societies, the global community is in unanimous consensus that there is a dire need for the people of the world to work together to reduce greenhouse gas emissions. As the world begins to adapt to this new reality, inventors have been hard at work trying to find new ways for human communities to live with the energy needs that they have, while leading a carbon-neutral lifestyle.

 A global energy crisis is looming as European gas prices hit record highs amid tight supply and increasing demand by economies recovering from the COVID-19 pandemic.

On the occasion of Breast Cancer Awareness Month, Schlumberger launched its annual breast cancer awareness hybrid event in collaboration with the As-Salam International Hospital on Thursday, October 28. The event, which was hosted by Schlumberger Connect Women Egypt chapter, aimed to underline the importance of early detection of breast cancer and spread awareness about how to deal with this disease.

Methanex Egypt announced on Sunday, 7th November 2021 the full and early settlement of all remaining debt on the EMethanex Joint Venture project financing facility on 30 September 2021.