The inauguration of Egypt Petroleum Show’s (EGYPS 2023) sixth edition was honoured with the presence of Egyptian President Abdel Fattah El Sisi who affirmed the importance of the East Mediterranean Gas Forum (EMGF) and Egypt's efforts to create stability in oil and gas markets.
As the industry moves from climate commitments to actions and continues efforts to decarbonize its oil and gas operations, the reshaping of markets, driven by new geographical supply and demand dynamics, continues at pace. During EGYPS 2023, the Strategic Conference addressed the current needs of the energy transition, being a key enabler to overcoming climate change and reducing dependence on limited energy sources.
The EGYPS 2023 Technical Conference provided the industry’s oil and gas professionals with an unrivaled opportunity to meet face-to-face and learn how to stay technically relevant, digitally competitive, and business resilient, fully embracing the constantly evolving market landscape. The conference program covers subjects from exploration and field development to HSE, digitalization, petrochemicals and biofuels – featuring a wide array of topics that are useful for any professional who wants to keep up with current developments in their specialized field.
Egypt is increasing its liquefied natural gas (LNG) exports to help solve Europe’s energy challenges. The Ministry of Petroleum and Mineral Resources declared that Egypt aims to export $8.5 to $10 billion worth of natural gas during the fiscal year 2022/23. The third edition of the EGYPS Finance and Investment in Energy Conference provided insights from global energy experts on investment opportunities in light of Egypt’s strategic roadmap to establish itself as a regional energy trading hub and exporter of gas and LNG globally.
On the final day of the Egypt Petroleum Show (EGYPS 2023), the event included an Equality in Energy conference, which featured a number of engaging sessions and panels across the day. As the industry walks through its decarbonization journey, the oil and gas existing and future employees remain committed to achieving net-zero ambitions. Therefore, it becomes important to develop the skills of existing employees and to expand the recruitment programs to attract millennial and generation Z graduates, as the industry creates transparent recruitment practices offering its workforce clear career progression, flexibility, and pay transparency.
The EGYPS 2023 Sustainability in Energy Conference has been an international platform that brings together global energy leaders as well as sustainability and HSE experts. It was a perfect venue for exploring how oil and gas operators are integrating sustainability practices into their business models and workplaces ensuring a positive impact on the planet, their employees, and the communities in which they operate.
