At the end of the 20th century, Seaharvest Oil and Gas Services was established. Its first line of work was main- ly in solid control and waste management. Then, at the start of the new millennia, gained an agency contract with Baker Bits. Starting off with little resources, Seaharvest Oil and Gas Services was able to open up a branch in Algeria offering all the services that Baker Hughes offers. Five years later, Seaharvest was able to boost Baker Hughes revenue about 10 times the amount they started with. After such a huge success, Baker Hughes felt that the North African market was full of potential thus opened up its own offices in Egypt and Algeria. After Baker Hughes left, Seaharvest obtained the agency for Boots and Coots. Boots and Coots was the spark that enabled Seaharvest to become the company that it is right now. After Boots and Coots was acquired by Halliburton, and Seaharvest was given a sum of money to give up the agency, Seaharvest went on to acquire the agency for National Oilwell Varco (NOV).
The Present
Currently, Seaharvest is an agent for many companies and products that serve the oil and gas industry. It cur- rently operates three business units, each dealing with a set of issues that revolve around the oil and gas indus- try. The oldest unit would be the AID, Asset Integrity De- velopment unit. The AID unit currently holds distribution and agency licenses for Walker Technical Resources, a leader in Cold Repair, Seal-Tite, a leader in downhole leak repair, and many other brands and products. The other business unit is the Wellbore Technology Solu- tions unit, or WTS. This encompasses tools that are needed for drilling such as drill pipes, casing, tubing,
Eng. Abdel Reheem El Marsafawy Seaharvest, Business Development casing accessories, jars, and bops, and tools need- ed in the production process such as artificial lifts and production chemicals. Last but not least, and the new- est business unit is the SOS, or Supply Chain Oil-Field Services, which includes three divisions: Distribution, Supply House, and Management. Seaharvest Oil and Gas is part of the Seaharvest Group. The Seaharvest group is currently the controlling stakeholder of over 20 companies all around the globe. The group is very di- versified, with companies in 8 different sectors. These companies compete in sectors that include oil and gas, freight, tourism, real estate, medicine, medical supplies and more.
The Future
The potential for future growth is vast in the Seaharvest Group. With over 10 new start-ups, the possibilities are endless. The potential for Seaharvest Oil and Gas is also vast, celebrating its 15th year servicing the oil and gas industry in 2014. Its mission is to become one of the major rig contractors in the MENA region. Starting with smaller work over rigs and hopefully advancing into the drilling rigs category. Seaharvest acknowledges that the energy from oil and gas is an unsustainable form of energy. Thus, it has decided to expand into the renew- able energy sector. Seeing that Egypt is one of the top ten countries in the world that receives sunlight (over
3000 hours per year), Seaharvest aims to expand into the solar energy market. Even though nobody knows what the future holds, it is apparent that Seaharvest Oil and Gas is on its way to become the next big name in oil and gas services.
By: Eng. Abdel Reheem El Marsafawy Seaharvest, Business Development
