ENAP and Schlumberger signed a memorandum of understanding(MoU) for mutual cooperation between the two companies in the oil and gas sector, seeking to boost ENAP business through new blocks in Egypt across integrated digitally enabled solutions.

As a Chilean state company specialized in exploration and production (E&P), ENAP has aspirations to develop/manage assets in Egypt’s oil and gas industry. The statement also added that ENAP is seeking to double the current production baseline.

“ENAP was an early adopter in Q1 2021 for DELFI cognitive E&P environment to enable materializing their business growth strategy aiming expansion plan in new assets through integration solutions,” added the statement.

Being at the forefront of technological innovation, Schlumberger works with customers to access energy. It achieves this through its provision of project management, domain expertise, and digital enablement to conduct multidisciplinary energy operations and services, including reservoir characterization, drilling services and well intervention.

The MoU was signed by Sherif Bayoumy, Managing Director, Egypt & East Mediterranean GeoUnit, Schlumberger and Denisse Abudinén Butto, CEO ENAP Sipetrol and General Manager ENAP Sipetrol Egypt branch and witnessed by Lyndsey Lomas, VP Digital Subsurface Solutions – MENA, Schlumberger.