Dubai’s Government-owned Dragon Oil will participate in the Egypt Petroleum Show (EGYPS-2022) held under the patronage of His Excellency Abdel Fattah El Sisi, President of the Arab Republic of Egypt, at the Egypt International Exhibition Center.
The 5th edition of EGYPS-2022 will take place in the third week of February 2022 with the support of the Egyptian Ministry of Petroleum and Mineral Resources.
CEO of Dragon Oil, Mr. Ali Rashid Al Jarwan may participate with a working paper within the activities of the conference and exhibition, which will be held this year under the slogan “North Africa and the Mediterranean: Meeting Today’s Energy Needs.”
The event is a starting point for effective strategic dialogue to formulate a roadmap for the oil and gas sector to ensure a sustainable future. It serves as an important opportunity for these regional experts to exchange ideas and visions for achieving a more comprehensive ecosystem that considers current social and environmental standards.
The EGYPS-2022 also comes at a critical time to discuss the challenges faced by the energy sector and its strategic opportunities ahead of the “2022 United Nations Climate Change Conference” (COP27), which will be held in Sharm El-Sheikh, Egypt, and to discuss the effects of the policy shift and change in demand dynamics. In addition, it will highlight the development of technology aimed at curbing carbon emissions using technologies such as carbon capture and storage and hydrogen production.
Chief Human Resources Officer at Dragon Oil, Ms. Badria Ahmed Khalfan stated that “This is the Dragon Oil’s third participation in EGYPS, confirming the strength of its commitment to strengthening our firm presence in Egypt.”
Ms. Khalfan explained that EGYPS-22 would witness the participation of more than 40 national and international oil, energy and service companies, along with many ministers of energy and petroleum from several countries, CEOs and Secretary-Generals of international petroleum organizations and institutions.
“The event is a good opportunity to exchange opinions and technical expertise, and to explore the cutting-edge technologies applied in the global oil and gas industry, through technical sessions to be organized within its activities,” Ms. Khalfan added.
Dragon Oil Chief HR Officer further added that “Dragon Oil is working to continue its growth and expansion in the Egyptian market in 2022 through intensifying the exploration, development of fields and reparation of wells to increase the production from the oil fields in Gulf of Suez. The company aims to reach production rates of 65,000-70,000 barrels per day, compared to an average of 60,000 per day in 2021.”
Dragon Oil recently carried out AI technique-based plans in exploration, drilling, and production operations in Egypt, and become the first company to apply this technology.
