Petroleum Air Services (PAS) is expected to increase its business volume by 10-15% in 2018 as a result of the expansion of exploration and production (E&P) activities in the Eastern Mediterranean, Egypt Oil & Gas reports.
PAS Head Yehia Hussein revealed the company’s estimations during the general assembly chaired by Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, to review the company’s work in 2017.
The aviation company supplied supplied air transport services to the oil and gas sector through a fleet of 46 helicopters and fixed-wing aircrafts in 2017.
Egypt is expanding the infrastructure of air transport services to the oil and gas sector through the establishment of an aircraft Hangar in Port Said. This is in addition to the expansion of Cairo airport and the establishment of a new tunnel at El Nozha Airport in Alexandria.
PAS has operational centers across Egypt: in Port Said, Al Nozha in Alexandria, Ras Shuqair in the Gulf of Suez, Jebel El Zayt, Ras Ghareb, and Abordis in South Sinai.