Engineer Tariq Al-Mulla, Minister of Petroleum and Mineral Resources, witnessed during the third day of the activities of the Fourth Egypt International Petroleum Conference and Exhibition “EGYPS 2020” signing 5 agreements and memoranda of understanding to implement new projects to maximize the added value and establish integration and partnerships between some petroleum companies.
Al-Mulla witnessed the signing of the contract for the construction of the expansion project of the Western Desert Gas Complex in Alexandria affiliated with the Gasco Company, one of the projects to maximize the added value of the Egyptian natural gas.
The contract was signed by Eng. Yasser Salah El-Din, President of GASCO, Engineer Walid Lotfy, President of Petrojet, and Engineer Ashraf Baha, President of Enppi.
The consortium of Enppi and Petrojet will act as a general contractor for the expansion project, which includes establishing a new production line, the fourth in the complex, with a capacity of 600 million cubic feet of gas per day.
The line contributes to raising the total capacity to 1,500 million cubic feet per day from the complex, which separates gas derivatives of high economic value from the gas produced from the fields of Western Sahara.
This contributes to continuing to provide the necessary production inputs for the Egyptian petrochemical industry in the CEDPC and ETHEDCO complexes for the production of petrochemicals in Alexandria and the polypropylene production project, as well as the production of butane and condensate.
Al-Mulla witnessed the signing of a memorandum of understanding to train cadres working in the fields of drilling offshore deep-water natural gas wells and designing wells.
The memorandum was signed by Engineer Osama El-Baqly, President of the Egyptian Natural Gas Holding Company (EGAS), Engineer Osama Kamel, President of the Egyptian Drilling Company, and Engineer Ihab Touma, President of Vantage International Management.
According to the memorandum, the company will organize an advanced training program with a fast track system to build cadres and competencies in the field of offshore drilling in deep water.
The company has advanced capabilities in this activity and the cadres of the Egyptian Drilling Company will participate in this program to enhance expertise, raise performance efficiency and keep up with new technologies through on-the-job training, as well as training on simulating the drilling rig abroad, which contributes to keeping the cadres up to international standards.
On the sidelines of the conference, the minister also witnessed the signing of two memoranda of cooperation for the Egyptian Company for Gas Services with Clarison Egypt and Sahara Petroleum Services Company.
The first agreement includes cooperation in the field of providing services for natural gas tankers, gasification units, and the shipping agency, and this agreement supports the increase of cooperation with Clarkson and the benefit of its long experience in the areas of providing natural gas carriers by sea and storage units, providing shipping agency services and facilitating port transactions.
The agreement strongly reinforces the plans of oil and gas production companies to develop offshore wells by taking advantage of port facilities.
The second agreement included an alliance with Sahari Petroleum Services Company (SAPEsco) to provide marine, geophysical, and subsea imaging services.
The agreement aims to support oil and gas production companies in choosing the best paths on the seabed for pipelines or offshore production platforms, which would extend the life of the fixed assets of the Egyptian oil and gas sector.
It aims to provide underwater imaging vehicles (ROV) services that help secure the operation of offshore rigs
The two agreements were signed by Eng. Mohamed Sadiq, Chairman of the Egyptian Company for Gas Services, on the side of Clarison Egypt, Major General Ihab Al Banan, Chairman of the Company, and on the side of Sahara Petroleum Services Company, Eng. Atef Abdel Sadiq, Chairman of the Company.