Minister of Petroleum, Tarek El Molla, met with a delegation from Siemens Egypt, headed by Mostafa El Bagoury, CEO of Siemens Egypt, to discuss ways of cooperation in areas of digital transformation.
The two sides also discussed ways of applying advanced technological solutions for the Petroleum projects management, a ministry statement said.
During the meeting, El Molla highlighted the continuous success achieved in the sector as a result of digital transformation adoption across the oil and gas sector’s activities since 2016 through a project to develop and modernize the sector.
The sector has successfully implemented several practical initiatives in this field, El Molla said, adding that this project covers all stages of the petroleum industry, from the well to the end consumer.
The sector is currently executing projects aiming to connect petroleum refineries digitally with the Egyptian General Petroleum Corporation (EGPC) through a modern system that allows easy and quick exchange of information and real-time monitoring of operations.
Moreover, El Molla stated that the implementation of the seventh work program of the Modernization Project is also being accelerated to apply an integrated ERP system for the management of resources and assets in the oil and gas system, automating all activities, and facilitating the circulation of data and information related to all of the sector’s activities in a digital form.
Meanwhile, Siemens delegation presented their advanced capabilities and technological solutions that could contribute to the activities of the oil and gas industry, as well as various digital systems and project control systems, noting that the company has an integrated center for digitization in the Administrative Capital.