ENAP Sipetrol is expanding its footprint through a balanced strategy of exploration-driven growth and a commitment to sustainability. Gustavo Guisolfo, General Manager of ENAP Sipetrol Egypt, discusses the company’s recent milestones, its approach to low-carbon operations, and its vision for the future of Egypt’s energy sector.
Egypt remains a cornerstone of Energean’s Mediterranean strategy. It offers a balanced mix of scale, stability, and growth potential in a market that values gas as a transitional and strategic fuel. Our operations here are efficient and resilient, with floor price protections that ensure stable returns even in volatile price environments.
2025 has been one of UEE’s most dynamic and successful years in Egypt. We’ve safely and efficiently drilled 14 wells to date, with another five planned before year-end - all executed with strong operational discipline and zero safety incidents. Our Area A seismic processing, in the Eastern Desert, was completed earlier this year following last year’s acquisition campaign, yielding highly encouraging results that have directly supported our recent drilling successes.
PETRONAS, through its subsidiary PICL (Egypt) Corporation Limited (PICLE), has built a long-standing relationship with Egypt for more than 22 years, following its entry into the West Delta Deep Marine (WDDM) concession in the Mediterranean Sea and participation in the country’s LNG value chain through a significant stake in the Egyptian LNG (ELNG) plant in Idku, a facility with two liquefaction trains and a combined capacity of 7.2 million tonnes per annum.
I’m lucky to have had a long work history with this wonderful country since 2000 when I led Shell here. So, I understand the relevance and importance of our sector to Egypt. It is a joy for me to create partnerships with colleagues in the Ministry of Petroleum and Mineral Resources (MoPMR) and the Egyptian General Petroleum Company (EGPC) to generate value for Egypt and my Company.
As Setcore marks its 40th anniversary, the company stands as a testament to endurance, integrity, and excellence in the oilfield services sector. From humble beginnings to becoming a trusted name across the MENA region, Setcore’s journey has been defined by its commitment to safety, people, and performance.
For nearly a century, the International Gas Union (IGU) has stood at the intersection of technical excellence, policy dialogue, and global energy strategy. Founded in 1931 as a knowledge-sharing body focused on engineering safety and operational standards, the IGU has since transformed into the recognized global voice of the Gas industry, representing over 70 countries and shaping the future of energy through collaboration, insight, and influence.
The maritime industry continues to face escalating geopolitical tensions and shifting global dynamics. These challenges have long cast a shadow over the sector, particularly in activities related to oil and gas.
As the Chairman of Maridive, Shahira Zeid has had many years of remarkable accomplishments as a successful businesswoman and industry leader in the oil and gas sector. Egypt Oil & Gas was given the exclusive opportunity to uncover her personal story as a woman competing in a male-dominated field.
Success is often sought but seldom achieved with the exception of one woman business leader. Egypt Oil & Gas has the exclusive opportunity to interview an industry pioneer, Mounia Attiga, Energy Strategist and Chair of North African at Lean in Equity & Sustainability.
