Schlumberger Unveils Egypt Digital Project

The Egyptian Ministry of Petroleum and Schlumberger (NYSE: SLB) have launched a national subsurface digitalization project to promote Egypt’s exploration and production potential globally, Schlumberger reported Wednesday.

“Egypt is in the process of launching the Egypt Upstream Gateway, a digital subsurface platform that will act as an up-to-date repository of the country’s subsurface data,” remarked Tarek El-Molla, Egypt’s petroleum and mineral resources minister, in a written statement emailed to Rigzone. “The Egypt Upstream Gateway will digitally promote Egypt’s oil and gas bid rounds through seamless online access to the sector’s data, as well as endorsing our exploration potential worldwide.”

According to Schlumberger, the platform provides digital access to more than 100 years’ worth of accumulated national onshore and offshore seismic, non-seismic, well log, production, and other subsurface data.

“The Egypt Upstream Gateway is the embodiment of the Egyptian Ministry of Petroleum’s vision, leveraging digitization to modernize the country’s petroleum sector,” commented Rajeev Sonthalia, Schlumberger’s president for digital and integration. “With the launch of this industry-first platform, the Egyptian Ministry of Petroleum and its affiliates – EGPC, EGAS, GANOPE – can digitally showcase national assets to potential investors worldwide, in addition to leveraging the latest digital technology and solutions to accelerate discovery throughout the country.”

To contact the author, email mveazey@rigzone.com.