Digital Transformation | Egypt Oil & Gas - Part 3

Aramco, stc Launch Dammam 7 Supercomputer

Aramco and stc announced the launch of a new supercomputer under the name of Dammam 7 which is one of the top ten supercomputers in the world, a press release reported. The supercomputer center provides new opportunit...

El Molla Reviews Ways to Speed Up NGVC Implementation

The Minister of Petroleum and Mineral Resources, Tarek El Molla, held a meeting with a number of petroleum companies’ heads to discuss ways to speed up the implementation of the presidential initiatives of natur...

Petroleum, Justice Ministries Sign Protocol to Support Digital Litigation System

The Minister of Petroleum and Mineral Resources, Tarek El Molla, signed a protocol with the Minister of Justice, Omar Marwan, on supporting an electronic litigation system and automating all transactions pertaining to...

Microsoft, BP Sign Digital Energy Innovation Deal

Microsoft and BP have agreed to collaborate as strategic partners to further digital transformation in energy systems and advance the net-zero carbon goals of both companies, according to a press release. Under the te...

Copetrole Sells 6.5 mmt of Petroleum Products in FY 2019/20

Cooperation Petroleum (Copetrole) sold a total of 6.5 million tons of petroleum products in fiscal year (FY) 2019/20, Adel Ayad, the company’s Chairman, stated during the company’s general assembly. Copetrole sold abo...

ECHEM Exports PVC to 10 Countries

Egypt exported polyvinyl chloride (PVC) and liquid caustic soda to Italy, Portugal, Cyprus, Greek, Brazil, Morocco, Jordan, Syria, Sudan, and Algeria at a cost of $17 million, with total investments reaching EGP 355 m...

Egypt’s Largest High-octane Gasoline Complex to be Finalized by Q4 2020

Egypt’s largest high-octane gasoline complex, located in Assuit, is expected to be fully operational by the end of 2020, Minister of Petroleum and Mineral Resources, Tarek El Molla, stated. The $450 million project is...

Atoll’s Natural Gas Production Increases by 28% in FY 2019/20

Atoll field’s production increased by 28% from 250 million cubic feet of natural gas per day (mmcf/d) to 320 mmcf/d during fiscal year (FY) 2019/20, Mohamed Samir, Pharaonic Petroleum Company’s (PhPC) Head, stat...

Schlumberger Enters Digital Transformation Collaboration

Schlumberger, one of the world’s largest oilfield service companies, has announced its collaboration with IBM and Red Hat to accelerate digital transformation across the oil and gas industry, according to a press rele...

PTTEP Awards Halliburton Digital Transformation Contract in Thailand

Halliburton, one of the world’s largest international oil field service companies, has been awarded a contract by PTTEP, a national petroleum exploration and production company in Thailand, to design and impleme...

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