MOC NEWS 2018 DAY 2

SHOW DAILY DAY TWO

NEWS Supported by DAY TWO

Wednesday 18 April

Official Official Publication Publication

PetroleumToday Today Petroleum MM EE DD I AI A

NEWS

Welcome Message by

H.E THE MINISTER OF PETROLEUM AND MINERAI RESOURCES Dear Colleagues, Ladies and Gentlemen, Welcome to MOC 2018, the 9th edition of the Mediterranean Offshore Conference & Exhibition in Alexandria. lt is my great pleasure as Minister to host such a successful event under the Patronage of the Ministry of Petroleum and Mineral Resources.

MOC is regarded as one of the most important exhibitions & conferences since 2000 far the Oil & Gas industry in Egypt. Along the years, it has gained increasing prominence thus attracting oil & gas experts and leaders across the region. MOC 2018 will host aver 1600 delegates, 300 exhibitors and more than 7500 attendees, representing an outstanding event.

We are proud to have such a remarkable and distinguished gathering in Alexandria. lt is the second largest city in Egypt and an important industrial trading center in the world because of its location and ease in connection between

the Mediterranean Sea and the Red Sea. lt is regarded as one of the ancient discovered city and holds many historical monuments that attracts tourists from all aver the world.

MOC is a window for the Ministry of Petroleum to share the Oil & Gas sector strategy & success stories in Egypt. Aligned with Egypt 2030 vision, the sector adopted a new strategy, which aims to ensure energy security, financial stability and enhance the investment environment for international partners by highlighting the investment opportunities available in the industry.

Egypt has experienced tremendous developments over the past four years.

The oil & gas sector in turn realized fruitful achievements. These include the signing of 83 new upstream oil agreements with investment s of US$ 15.5 billion. The expansion and upgrade of refineries, transmission and oil and continued in page 3

,

PAST, PRESENT, FUTURE IN A WORD – MOC 2018

MOC 18 Opening Ceremony:

Unlocking the Mediterranean Potentials – Step 2 FIND INSIDE OFFSHORE BUSINESS VENUE MAP MOC AGENDA

H.E the Minister of Petroleum and Mineral Resources H.E the Minister of Petroleum and Mineral Tariq Al-MullaTariq emphasized the importance the of Resources Al-Mullaemphasized holding the ninth session the conference importance of holding theofninth session of and the conference of thecountries Mediterranean exhibition of and the exhibition Mediterranean «MOC countries «MOC 2018» in Alexandria as one of 2018» in Alexandria as one of the distinguished the distinguished oil platforms in which the experts and heads of companies and decision makers in the gas and petroleum industry meet locally, regionally and internationally to exchange views. He explained that the current session of the conference is held under the theme of «MEDITERRANEAN POTENTIALS – UNLOCKED STEP 2» and the logo of the conference is of particular importance, as the Mediterranean has enormous potential that can be used to promote cooperation and economic relations.

oil platforms in which the experts and heads of the Petroleum Sector, and InocenzoTitoni, companies andthe decision makers in and President of next version of the thegas «OMC petroleum industry meet locally, regionally and 2019».

IN EGYPT

the theme of « MEDITERRANEAN POTENTIALS – Sea was a large part of it. The most important UNLOCKED STEP 2» development and the logo of the conference of these were the of four major is of particular importance, as the Mediterranean projects to develop gas discoveries and put themenormous on production within onecan yearbeforused the first has potential that to time, West of the Nile Delta, Nawras, Atoll and promote cooperation and economic relations.

Dhahrwith a production of about 1.6 billion continued in page 3 cubic feet per day. We are currently working towards achieving self-sufficiency of gas by the end of 2018. The oil sector successfully managed to secure local energy demand for all sectors, Electricity sector, which overcame the shortage of electricity.

THE EGYPTIAN MINISTRY: A SUCCESS STORY.

internationally to exchange views. He explained that He pointed out that the Mediterranean Sea has heldrecent under the current session of the conference witnessed many discoveries and isthat years played an important role in uncovering its potential. The discovery of the giant back in the deep waters of the Mediterranean changed the world view of gas.The impact of the field back crossed the Egyptian border and opened the door to intensify the work of research and exploration and achieve new discoveries in the deep waters of the concession areas adjacent to the field back.

The World of Automatic Lubrication

This came during the opening speech of the

He also declared that the last few years have seen major changes for the Egyptian oil and gas sector, which was witnessed by MOC. The challenges of facing the oil sector and how to

2017 witnessed the launch of two major seismic projects in cooperation with two global companies in the Red Sea and Upper Egypt, for the first time, with investments exceeding $ 750 million by specialized international companies, Al-Mulla added. The ministry is

DAY TWO

Official Publication

Petroleum Today MEDIA

NEWS

IOCS VISION IN EGYPT:

OPTIMISTIC REVIEWS TOWARDS THE FUTURE Sami Eskandar Executive Vice President, Shell Egyptemphasized the strategic position of Egypt among other countries. «Egypt is forging its future. Egypt is a country in motion.» He said. Then, he moved to discuss the challenges. Firstly, he mentioned the challenge of the uncertainty of the price and what we can do together. He also discussed the energy transition and our role to help Egypt go forward. After that, he stated that the success in Egypt stands for the Egyptian government. Recently, Egypt has addressed the subsidiaries and the exchange rate. Egypt has undertaken the economic reform, Eskander added.

The ministry succeeds to build a very robust energy sector. The modernization program is here to develop the youth and capabilities.

Then, he addressed the audience encouraging them to contribute to the modernization program. Secondly, he praised the new gas law and liberalization process and its effect to attract more investments. Then, he discussed Egypt as an energy hub. Eskander also declared about phase 9B in the west Nile delta and how this project will be unique. Eskander hereby announced that Shell is back to explore in the offshore areas in Egypt. Moreover, he added that Shell also has a social responsibility towards the community. Eskander mentioned Entlaqa initiative to help the small and medium enterprises flourish and grow up. This initiative impacted over 8000 Egyptians and developed 750 enterprises.

Sami Eskandar

He also introduced fir for the future program to help the company move forward and remove the barriers. Eskander stated a unique and remarkable statement about the renewable energy business in Egypt saying that Egypt is the first country in the world to experiment on the renewable energy. He continued saying that in 1912, Egypt dealt the first thermal solar plants.

The Italian oil industry has witnessed unique achievements over the past year, stressing the availability of success factors for petroleum investments in Egypt, in particular the continuous support of the Egyptian government for all investments in the Egyptian oil industry, said Fabio Cavanna, general manager of IEOC. This field, as well as the full coordination between them and foreign companies operating in Egypt, which helps in strengthening efforts to reach more successes and laying the foundations for achieving stable long-term growth in the face of changes in the oil markets and prices, Along with the important role of using modern technologies in exploration and development projects to achieve ambitious aspirations and plans.

Fabio Cavanna

complete work on the project at an unprecedented pace. Participated in the back project was one of the main factors in its success because they are highly qualified companies and qualified to carry out major projects.

Cavanna also pointed out that the use of modern technologies has contributed to the technical challenges of the back project, in particular Cavanna reviewed the recent successes of ENI and the oil sector in the the drilling of deep water at a depth of 1500 meters, with the risks development and production of gas from the discoveries made by ENE and difficulties of dealing with the existing formations and reservoirs. in its Mediterranean concession areas. He pointed out that the project For advanced drilling systems with the highest degree of operational of the Nores gas field in the Nile Delta in the Mediterranean has been performance and safety factors, stressing its commitment during the a milestone since the discovery in July 2015 and the implementation of project to implement sustainability standards and programs of safety and ambitious plans to achieve a steady increase in the production of gas security and environmental protection, pointing to its commitment to its Schlumberger strives to provide value to customers and communities by lowering the environmental impact from this field, up toof currently billion cubic feetleader, of gas day. are social responsibility towards the community The projects of community our servicesabout globally.1.2 As a global technology ourper technologies directly and indirectly helping development for community service surrounding the project have been their operational efficiency, reduce emissions, decrease water usage, apply safer chemistry, Cavannaconfirmedcustomers that theimprove gas field will increase production with the raised with contributions of 20 million dollars over four years, pointing increaselines oil andofgas usingplant fewerinresources. start of the first andand second theproduction treatment April and May out that in this context, sulfur will be re-exploited during production and next, adding that itSchlumberger is plannedand to its double production from the to making approximately 100,000gradually employees are dedicated an environmentally sustainable field back this yeardifference to peak production year, adding that this is economic exploitation of the proceeds of its exploitation in community in the communitiesnext in which we live and work. an extension of Achieve achievements in the field over the past period development projects for the benefit of the local community.

Committed to global environmental stewardship

and start early production of gas at record times compared to similar slb.com/globalstewardship projects regionally and globally.

The success of the Dahar field18-OF-395774 project was based on a strong commitment ©2018 Schlumberger. from the Egyptian government and Italy›s ENI to intensify activities and

218

MOC SHOW DAILY 18-OF-395774 Ad Global Stewardship, MOC Egypt Conference.indd 1

He also reviewed the plans implemented to train cadres in the project to raise their efficiency in line with the development and modernization project launched by the Ministry of Petroleum. He pointed out that the Italian company Eni has been operating since the early fifties in Egypt

www.moc-egypt.com 3/27/18 4:15 PM

DAY TWO

Official Publication

Petroleum Today MEDIA

NEWS

IOCS VISION IN EGYPT:

OPTIMISTIC REVIEWS TOWARDS THE FUTURE Sami Eskandar Executive Vice President, Shell Egyptemphasized the strategic position of Egypt among other countries. «Egypt is forging its future. Egypt is a country in motion.» He said. Then, he moved to discuss the challenges. Firstly, he mentioned the challenge of the uncertainty of the price and what we can do together. He also discussed the energy transition and our role to help Egypt go forward. After that, he stated that the success in Egypt stands for the Egyptian government. Recently, Egypt has addressed the subsidiaries and the exchange rate. Egypt has undertaken the economic reform, Eskander added.

The ministry succeeds to build a very robust energy sector. The modernization program is here to develop the youth and capabilities.

Then, he addressed the audience encouraging them to contribute to the modernization program. Secondly, he praised the new gas law and liberalization process and its effect to attract more investments. Then, he discussed Egypt as an energy hub. Eskander also declared about phase 9B in the west Nile delta and how this project will be unique. Eskander hereby announced that Shell is back to explore in the offshore areas in Egypt. Moreover, he added that Shell also has a social responsibility towards the community. Eskander mentioned Entlaqa initiative to help the small and medium enterprises flourish and grow up. This initiative impacted over 8000 Egyptians and developed 750 enterprises.

Sami Eskandar

He also introduced fir for the future program to help the company move forward and remove the barriers. Eskander stated a unique and remarkable statement about the renewable energy business in Egypt saying that Egypt is the first country in the world to experiment on the renewable energy. He continued saying that in 1912, Egypt dealt the first thermal solar plants.

, MOC 18 Opening Ceremony: The Italian oil industry has witnessed unique achievements over the

Unlocking the Mediterranean Potentials – Step 2

past year, stressing the availability of success factors for petroleum investments in Egypt, in particular the continuous support of the Fabio Cavanna Egyptian government for all investments in the Egyptian oil industry, said Fabio Cavanna, general manager of IEOC. This field, as well as the full H.E the Minister of Petroleum and Mineral theoperating Petroleum Sector, and InocenzoTitoni, Sea was a large part of it. The most important coordination between them and foreign companies in Egypt, Resources Al-Mullaemphasized the more President of the and next version of work the on «OMC of these the development of four major which helps Tariq in strengthening efforts to reach successes complete the project at anwere unprecedented pace. Participated in 2019». projects to develop gas discoveries and they put importance of holding the ninth session of the laying the foundations for achieving stable long-term growth in the face the back project was one of the main factors in its success because them on production within forprojects. the first conference exhibition of the Mediterranean of changes and in the oil markets and prices, Along with the important are highly qualified companies and qualified to carryone outyear major He pointed out thatrole the Mediterranean Sea has time, West of the Nile Delta, Nawras, Atoll and countries «MOC 2018» in Alexandria as one of of using modern technologies in exploration and witnessed development projects many discoveries and also that pointed recent out that the use of modern technologies has Cavanna the distinguished oil aspirations platforms and in which to achieve ambitious plans.the years played an important role in uncovering Dhahrwith a production of about 1.6 billion contributed to the technical challenges theWe back project, in particular cubic feet per of day. are currently working experts and heads of companies and decision its potential.

Thein discovery the giant back inwater at a depth of 1500 meters, with the risks Cavanna reviewed the recent successes of ENI and the oil sector the theofdrilling of deep towards achieving self-sufficiency of gas by makers in the gas and petroleum industry the deepmade waters the Mediterranean changed development and production of gas from the discoveries byofENE and difficulties of dealing formations and reservoirs. thewith endthe of existing 2018. The oil sector successfully meet locally, regionally and internationally to the world view of gas.The impact of field systems with the highest degree of operational in its Mediterranean concession areas. He pointed out that the project For advancedthe drilling managed to secure local energy demand for exchange views. He explained that the current back crossedhas thebeen Egyptian border and and opened of the Nores gas field in the Nile Delta in the Mediterranean performance safetyallfactors, stressing its sector, commitment the sectors, Electricity which during overcame session of the conference is held under the to intensifyofthe work oftoresearch andsustainability standards and programs of safety and a milestone since the discovery in July 2015 and the the door implementation project implement the shortage of electricity. theme of «MEDITERRANEAN POTENTIALS andof achieve discoveries in the ambitious plans to achieve a steady increase in exploration the production gas new security and environmental protection, pointing to its commitment to its – UNLOCKED STEP 2» and the logo of the deep theday. concession areas adjacent 2017thewitnessed major from this field, up to currently about 1.2 billion cubic feetwaters of gasofper social responsibility towards communitythe Thelaunch projectsofof two community conference is of particular importance, as to the field back. with two global seismic projects in cooperation service surrounding the project have been the Mediterranean that has the enormous Cavannaconfirmed gas field potential will increase production with the development for community companies in dollars the Redover Seafour andyears, Upperpointing Egypt, raised with contributions of 20 million also declared that the last few years have that befirst used to second promotelines cooperation and He startcan of the and of the treatment plant in April and May for the first time, with investments exceeding in this oil context, seen major changes thethat Egyptian and sulfur will be re-exploited during production and economic relations. next, adding that it is planned to double production gradually from the for out $ 750 million by specialized international economic gasadding sector, that which was byexploitation MOC. The of the proceeds of its exploitation in community field back this year to peak production next year, this is witnessed companies, Al-Mulla added. The ministry is This came during the opening speech of the challenges of facing the development how to for the benefit of the local community. an extension of Achieve achievements in the field over the past period oil sector andprojects preparing for launching the public offering conference in the presence of Dr. Mohamed overcome them were discussed in 2016. The and start early production of gas at record times compared to similar He also reviewed the plans implemented to train cadres as in the project companies a part of Sultan, Governor of Alexandria, Ahmed Khalid, year 2017 was an exceptional year for the oil and of 11 oil and gas projects regionally and globally. to raise their efficiency in line with the development and modernization Commander of the Egyptian Navy, Major gas sector in Egypt, where many international the program to improve the management of project launched by the the Ministry of Petroleum. pointed out that the sector, in addition He to the issuance of the The success of the field project was based a strongwere commitment General Adel Al Dahar Ashmawi, Commander of onindices achieved.Italian The company Mediterranean been operatingthe since thegas early fifties and in Egypt Eni haslaw regulating new market the fromNorthern the Egyptian government the Military Region and andItaly›s ChiefENI of to intensify activities and

www.moc-egypt.com 16 18 MOC SHOW DAILY

MOC SHOW DAILY www.moc-egypt.com 3

DAY TWO

Official Publication

Petroleum Today MEDIA

NEWS

IOCS VISION IN EGYPT: gas affairs.

formation of an independent body to regulate

OPTIMISTIC REVIEWS TOWARDS THE FUTURE

Al-Mulla pointed out that the government›s declared energy reform program, as well as resolving much international arbitration against Sami ExecutiveinVice President, Shell Egyptemphasized the the oil Eskandar sector, will continue a friendly manner. strategic position of Egypt among other countries.

«Egypt is forging its Egypt has also succeeded in reducing the future.

Egypt is a country in motion.»

He said.

Then, he moved to discuss arrears of foreign partners with full regularity in Firstly, hepayments. mentioned the challenge of the uncertainty of the challenges. payment of periodic the price and what we can do together. He also discussed the energy The Minister stressed that Egypt, in addition transition and our role to help Egypt go forward. After that, he stated to its distinguished strategic location, has the that the success in Egypt stands for the Egyptian government. Recently, potential to be a regional center for trading of Egypt has addressed the subsidiaries and the exchange rate. Egypt has oil and gas in order to exploit all the available undertaken the economic reform, Eskander added. resources in the Eastern Mediterranean region The ministry succeeds to build robust energy sector. The and has already taken bold steps abyvery working modernization program is here develop the youth and capabilities. on several different axes.

Theto responsible Then, he addressed thetoaudience authorities in the state prepare encouraging a specific them to contribute to the modernization program.

Secondly, he praised the new gas law and strategy to transform Egypt into a regional liberalization process and its effect to attract center and added that at the political level. more investments. Then, he discussed Egypt as an energy hub. Eskander also declared about phase Sami Eskandar On the political level, there is close cooperation 9B in the west Nile delta and how this project will be unique. Eskander with the European Union to transform Egypt hereby announced that Shell is back to explore inreveal the offshore in of the sector by 2021 the fullareas potential into a regional center through several technical Egypt. Moreover, he added that Shell also has aassocial responsibility a basic engine for sustainable development support programs and financing programs. A towards the community. Eskander mentioned Entlaqa to help and a initiative role model for modern Egypt. memorandum of understanding is expected the small and medium enterprises flourish and grow up. This initiative to be signed next week during the visit of the The minister pointed out that Egypt is impacted over 8000 Egyptians and developed 750 enterprises.

EU Commissioner for Energy Affairs to Egypt, witnessing an unprecedented awakening He alsoasintroduced for theand future program to help the company as well continuing fir dialogue negotiation and opened wide horizons of aspirations for move forward and remove the barriers.

Eskander stated unique andthe oil sector has drawn with the research and exploration companies a better alife and that remarkable statement about the renewable energy business in Egypt in the region. That has recently led to an up its comprehensive plans and strategy saying that between Egypt is a the first country in the worldinto light experiment the of the state towards agreement private sector company of theonvision renewable energy.companies He continued thatgas in 1912, Egypt dealt the first and exploration tosaying receive achieving sustainable development by thermal solar plants. from offshore fields Tamar and Levathian.

2030. He also praised the role of the sector partners of international oil companies, The The Italian that oil industry witnessed unique over the He added the goal has of transforming Egypt achievements Ministry of Petroleum is ready to take all the past stressing theforavailability into ayear, regional center gas and ofoilsuccess is an factors for petroleum necessary stepsoftothe encourage and encourage investments in the Egypt, in particular the and continuous support integral part of project of developing international companies toFabio participate in the Cavanna Egyptian government all investments in thetoEgyptian oil industry, said modernizing the oil for sector, which aims

Fabio Cavanna, general manager of IEOC. This field, as well as the full coordination between them and foreign companies operating in Egypt, which helps in strengthening efforts to reach more successes and laying the foundations for achieving stable long-term growth in the face of changes in the oil markets and prices, Along with the important role of using modern technologies in exploration and development projects to achieve ambitious aspirations and plans.

Cavanna reviewed the recent successes of ENI and the oil sector in the development and production of gas from the discoveries made by ENE in its Mediterranean concession areas. He pointed out that the project of the Nores gas field in the Nile Delta in the Mediterranean has been a milestone since the discovery in July 2015 and the implementation of ambitious plans to achieve a steady increase in the production of gas from this field, up to currently about 1.2 billion cubic feet of gas per day.

Cavannaconfirmed that the gas field will increase production with the start of the first and second lines of the treatment plant in April and May next, adding that it is planned to double production gradually from the field back this year to peak production next year, adding that this is an extension of Achieve achievements in the field over the past period and start early production of gas at record times compared to similar projects regionally and globally.

The success of the Dahar field project was based on a strong commitment from the Egyptian government and Italy›s ENI to intensify activities and MOC SHOW DAILY www.moc-egypt.com 418

development of the oil and gas sector, and its keenness to benefit from international conferences, including MOC at work to strengthen regional cooperation to ensure the provision of safe, sustainable and accessible energy supplies.

For his part, the Governor of Alexandria stressed the readiness of the city to host this important oil event and provide all the necessary elements for its organizational success in light of the continuous and fruitful cooperation with the petroleum sector, which resulted in excellent oil projects in the fields of gas, refining and petrochemicals supporting the national economy and its responsibilities.

complete work on the project at an unprecedented pace. Participated in the back project was one of the main factors in its success because they are highly qualified companies and qualified to carry out major projects.

Cavanna also pointed out that the use of modern technologies has contributed to the technical challenges of the back project, in particular the drilling of deep water at a depth of 1500 meters, with the risks and difficulties of dealing with the existing formations and reservoirs.

For advanced drilling systems with the highest degree of operational performance and safety factors, stressing its commitment during the project to implement sustainability standards and programs of safety and security and environmental protection, pointing to its commitment to its social responsibility towards the community The projects of community development for community service surrounding the project have been raised with contributions of 20 million dollars over four years, pointing out that in this context, sulfur will be re-exploited during production and economic exploitation of the proceeds of its exploitation in community development projects for the benefit of the local community.

He also reviewed the plans implemented to train cadres in the project to raise their efficiency in line with the development and modernization project launched by the Ministry of Petroleum. He pointed out that the Italian company Eni has been operating since the early fifties in Egypt MOC SHOW DAILY www.moc-egypt.com 17

DAY TWO

Official Publication

Petroleum Today MEDIA

NEWS

IOCS VISION IN EGYPT:

EGYPTREVIEWS GAS COMPANY OPTIMISTIC TOWARDS THE FUTURE Sami Eskandar Executive Vice President, Shell Egyptemphasized the strategic position of Egypt among other countries. «Egypt is forging its future. Egypt is a country in motion.» He said. Then, he moved to discuss the challenges. Firstly, he mentioned the challenge of the uncertainty of the price and what we can do together. He also discussed the energy transition and our role to help Egypt go forward. After that, he stated that the success in Egypt stands for the Egyptian government. Recently, Egypt has addressed the subsidiaries and the exchange rate. Egypt has undertaken the economic reform, Eskander added.

The ministry succeeds to build a very robust energy sector. The modernization program is here to develop the youth and capabilities.

Then, he addressed the audience encouraging them to contribute to the modernization program. Secondly, he praised the new gas law and liberalization process and its effect to attract more investments. Then, he discussed Egypt as an energy hub. Eskander also declared about phase 9B in the west Nile delta and how this project will be unique. Eskander hereby announced that Shell is back to explore in the offshore areas in Egypt. Moreover, he added that Shell also has a social responsibility towards the community. Eskander mentioned Entlaqa initiative to help the small and medium enterprises flourish and grow up. This initiative impacted over 8000 Egyptians and developed 750 enterprises.

Sami Eskandar

He also introduced fir for the future program to help the company move forward and remove the barriers. Eskander stated a unique and remarkable statement about the renewable energy business in Egypt Egyptthat GasEgypt is oneisofthe thefirst Egyptian›s multi-discipline support contractors on oil & gas industry for 34 years since its establishment, saying country largest in the world to experiment on service the Certified ISO 9001, ISO 14001, OHSAS 18001, IGEM Institutes of Gas Engineers Managers, Russian Register & MGMT.SYS. renewable energy. He continued saying that in 1912, Egypt dealt the first We support our clients’ success by delivering the most professional integrated services and solutions for the Industry, offshore, and thermal solar plants.

Construction business and giving the client the confidence, that any project no matter how big or difficult is, will be carried out on time and The Italian oil industry has witnessed unique achievements over the with the best possible results. past year, stressing the availability of success factors for petroleum Our Strategy is to increase competitive strength by being recognized, more efficient and Different. investments in Egypt, in particular the continuous support of the Company’s personnel are highly skilled and gets continues training in safety, quality and new technologies having as a constant target to be Fabio Cavanna Egyptian government for all investments in the Egyptian oil industry, said a leader in its field.

Fabio Cavanna, general manager of IEOC. This field, as well as the full All equipment that we useand is 100% owned, of the best brandsininEgypt, the business with all the necessary certificates to show that perform very well coordination between them foreign companies operating and safely in any construction site. which helps in strengthening efforts to reach more successes and complete work on the project at an unprecedented pace. Participated in laying the foundations for achieving stable long-term growth in the face the back project was one of the main factors in its success because they Egypt inGas, will find: of At changes the You oil markets and prices, Along with the important role are highly qualified companies and qualified to carry out major projects.

A major force in the provision of scaffolding services by projects highly qualified, respected management and a fully CITB certified workforce of • using modern technologies in exploration and development Cavanna also pointed out that the use of modern technologies has delivering consistently high standards to achieve ambitious aspirations and plans.of service with full commitment. contributed theOur technical challenges of the back project, in particular • Most up to date technique for surface protection includes Full surface assessmenttoby experienced coatings Specialists in conjunction Cavanna reviewed the recent successes of ENI and the oil sector in the the drilling of deep water at a depth of 1500 meters, with the risks with the coatings manufacturers then recommend the most appropriate coating systems for all sorts of Offshore platforms and Onshore development and production of gas from the discoveries made by ENE and difficulties of dealing with the existing formations and reservoirs. facilities, in its Mediterranean concession areas. He pointed out that the project For advanced drilling systems with the highest degree of operational • Key player in the provision full maintenance of offshore platforms (Rehabilitation) including mechanical/electrical/blasting and protective of the Nores gas field in the Nile Delta in the Mediterranean has been performance and safety factors, stressing its commitment during the coating since and diving activitiesinwith ownand engineering, procurements, and fabrication, installation and quality departments. a milestone the discovery Julyour 2015 the implementation of project to implement sustainability standards and programs of safety and • Approved applicators for applying Intumescent Fire proofing system, into structures to resist flames for longer. ambitious plans to achieve a steady increase in the production of gas security and environmental protection, pointing to its commitment to its • Good knowledge and experience design, supply and install complete thermal, cryogenic and acoustic insulation systems. from this field, up to currently about 1.2tobillion cubic feet of gas per day. social responsibility towards the community The projects of community • Safe and efficient asbestos removal and disposal by highly regarded development specialists ensuring all relevant statutory requirements are met. for community service surrounding the project have been Cavannaconfirmed that the and gas Installation field will increase production with the • Complete Fabrication of Cylindrical Storage tank (floating roof & fixed roof), in addition to conducting the required raised with contributions of 20 million dollars over four years, pointing start of the first and second lines of the treatment plant in April and May maintenance, such as: Dislodging, cleaning, Painting & Lining. next, adding that it is planned to double production gradually from the out that in this context, sulfur will be re-exploited during production and • Installation of cathodic protection of transmission steal pipelines of all diameters. field back this year to peak production next year, adding that this is economic exploitation of the proceeds of its exploitation in community • Constructed different types of civil projects with a high level of quality. an extension of Achieve achievements in the field over the past period development projects for the benefit of the local community. and start early production of gas at record times compared to similar He also reviewed the plans implemented to train cadres in the project projects regionally and globally. to raise their efficiency in line with the development and modernization project launched by the Ministry of Petroleum. He pointed out that the The success of the Dahar field project was based on a strong commitment from the Egyptian government and Italy›s ENI to intensify activities and Italian company Eni has been operating since the early fifties in Egypt

www.egyptgas.com.eg

www.moc-egypt.com 18 MOC SHOW DAILY

MOC SHOW DAILY www.moc-egypt.com 5

DAY TWO

Official Publication

Petroleum Today MEDIA

NEWS

IOCS VISION IN EGYPT:

OPTIMISTIC REVIEWS TOWARDS THE FUTURE Sami Eskandar Executive Vice President, Shell Egyptemphasized the strategic position of Egypt among other countries. ÂŤEgypt is forging its future. Egypt is a country in motion.Âť He said. Then, he moved to discuss the challenges. Firstly, he mentioned the challenge of the uncertainty of the price and what we can do together. He also discussed the energy transition and our role to help Egypt go forward. After that, he stated that the success in Egypt stands for the Egyptian government. Recently, Egypt has addressed the subsidiaries and the exchange rate. Egypt has undertaken the economic reform, Eskander added.

The ministry succeeds to build a very robust energy sector. The modernization program is here to develop the youth and capabilities.

Then, he addressed the audience encouraging them to contribute to the modernization program. Secondly, he praised the new gas law and liberalization process and its effect to attract more investments. Then, he discussed Egypt as an energy hub. Eskander also declared about phase 9B in the west Nile delta and how this project will be unique. Eskander hereby announced that Shell is back to explore in the offshore areas in Egypt. Moreover, he added that Shell also has a social responsibility towards the community. Eskander mentioned Entlaqa initiative to help the small and medium enterprises flourish and grow up. This initiative impacted over 8000 Egyptians and developed 750 enterprises.

Sami Eskandar

He also introduced fir for the future program to help the company move forward and remove the barriers. Eskander stated a unique and remarkable statement about the renewable energy business in Egypt saying that Egypt is the first country in the world to experiment on the renewable energy. He continued saying that in 1912, Egypt dealt the first thermal solar plants.

The Italian oil industry has witnessed unique achievements over the past year, stressing the availability of success factors for petroleum investments in Egypt, in particular the continuous support of the Egyptian government for all investments in the Egyptian oil industry, said Fabio Cavanna, general manager of IEOC. This field, as well as the full coordination between them and foreign companies operating in Egypt, which helps in strengthening efforts to reach more successes and laying the foundations for achieving stable long-term growth in the face of changes in the oil markets and prices, Along with the important role of using modern technologies in exploration and development projects to achieve ambitious aspirations and plans.

Cavanna reviewed the recent successes of ENI and the oil sector in the development and production of gas from the discoveries made by ENE in its Mediterranean concession areas. He pointed out that the project of the Nores gas field in the Nile Delta in the Mediterranean has been a milestone since the discovery in July 2015 and the implementation of ambitious plans to achieve a steady increase in the production of gas from this field, up to currently about 1.2 billion cubic feet of gas per day.

Cavannaconfirmed that the gas field will increase production with the start of the first and second lines of the treatment plant in April and May next, adding that it is planned to double production gradually from the field back this year to peak production next year, adding that this is an extension of Achieve achievements in the field over the past period and start early production of gas at record times compared to similar projects regionally and globally.

The success of the Dahar field project was based on a strong commitment from the Egyptian government and Italy›s ENI to intensify activities and

6 18

MOC SHOW DAILY

Fabio Cavanna

complete work on the project at an unprecedented pace. Participated in the back project was one of the main factors in its success because they are highly qualified companies and qualified to carry out major projects.

Cavanna also pointed out that the use of modern technologies has contributed to the technical challenges of the back project, in particular the drilling of deep water at a depth of 1500 meters, with the risks and difficulties of dealing with the existing formations and reservoirs.

For advanced drilling systems with the highest degree of operational performance and safety factors, stressing its commitment during the project to implement sustainability standards and programs of safety and security and environmental protection, pointing to its commitment to its social responsibility towards the community The projects of community development for community service surrounding the project have been raised with contributions of 20 million dollars over four years, pointing out that in this context, sulfur will be re-exploited during production and economic exploitation of the proceeds of its exploitation in community development projects for the benefit of the local community.

He also reviewed the plans implemented to train cadres in the project to raise their efficiency in line with the development and modernization project launched by the Ministry of Petroleum. He pointed out that the Italian company Eni has been operating since the early fifties in Egypt

www.moc-egypt.com

DAY TWO

Official Publication

Petroleum Today MEDIA

NEWS

IOCS VISION IN EGYPT:

OPTIMISTIC REVIEWS TOWARDS THE FUTURE and Sami theEskandar field of Belayimin Executivethe Vice Gulf President, of Suez Shell is theEgyptemphasized oldest field in Egypt, the strategic andposition so far more of Egypt than among 2.6 billion other barrels countries. of crude «Egypt oil from is forging the field, its 1953 which future.is Egypt the largest is a country crudeinoil motion.» field was He discovered said. Then, he in Egypt movedthroughout to discuss the history challenges. of theFirstly, Egyptian he mentioned oil industry.the challenge of the uncertainty of the price and what we can do together. He also discussed the energy For his part, Edison Executive Vice President Nicolas Monti stressed transition and our role to help Egypt go forward. After that, he stated the importance of the MOC conference in attracting many experts in that the success in Egypt stands for the Egyptian government. Recently, the fields of oil and gas industry, which follows a series of discoveries Egypt has addressed the subsidiaries and the exchange rate. Egypt has of natural gas achieved in the Mediterranean over the past ten years. undertaken the economic reform, Eskander added.

Egypt since 1994, in two of the largest fields producing West Delta and Abu The Bakr ministry production succeeds areatosince build2009, a very which robust confirms energy the sector. company›s The commitment modernizationtoprogram invest is in here Egypt to develop promising, the noting youth and thatcapabilities. there are opportunities Then, he addressed and distinct the audience elements encouraging in Egypt make them it a to major contribute player to in the field modernization of energy program. not only the Secondly, existence he praised of reserves the new Terrible gasWhich law and is aliberalization necessary step process in the anddevelopment its effect to attract and organization more investments. of localThen, market he mechanisms discussed Egypt to become as an energy a regional hub. centre Eskander for also energy declared and a link about between phase the 9B ininternational the west Nile producing delta andcompanies how this project and the will be oil unique. and gasEskander market, despite hereby announced the existence thatofShell challenges is back to ofexplore risk The in global the offshore financial areas and in economic Egypt. Moreover, situation, hewhich added requires that Shell a change also has in methods a social and responsibility methods of towards production the community. and the pattern Eskander of energy mentioned consumption.

Entlaqa initiative to help the small and medium enterprises flourish and grow up. This initiative Monti added that there is evidence of huge reserves of gas in the eastern impacted over 8000 Egyptians and developed 750 enterprises.

Mediterranean, but the production of gas from deep water requires huge He also investments introduced due fir to forrisks the and future high program development to helpcost, the company so future exploration move forward andand development remove theprocesses barriers. Eskander in these areas statedneed a unique to secure and investment remarkablereturns. statement about the renewable energy business in Egypt saying that Egypt is the first country in the world to experiment on the Edison praised the efforts and support of the Ministry of Petroleum in renewable energy. He continued saying that in 1912, Egypt dealt the first the amendment of models of oil agreements to achieve balance and thermal solar plants. interests of both parties in the price of gas or production and sale through The Italian export oil industry or sale inhas the local witnessed market. unique achievements over the past year, stressing the availability of success factors for petroleum He also reviewed the work of the company in Egypt, where he explained investments in Egypt, in particular the continuous support of the that it is planned to drill the first exploratory well in the area of North Sea Egyptian government for all investments in the Egyptian oil industry, said Trust North Eastern Mediterranean in 2019, and the company continues Fabio Cavanna, general manager of IEOC. This field, as well as the full to develop the field of Abu Qir, which was produced about 40 years ago, coordination between them and foreign companies operating in Egypt, 2016 / 2017 and the drilling and completion of 6 wells in 2017 contributed which helps in strengthening efforts to reach more successes and to the increase of production to 275 million cubic feet per day, an laying the foundations for achieving stable long-term growth in the face increase of 50% of production in 2016 and 100% increase compared to of changes in the oil markets and prices, Along with the important role production in 2009, and doubled the production of condensates to 5300 of using modern technologies in exploration and development projects barrels per day, About 300 million dollars and the current production to achieve ambitious aspirations and plans. rates represent the highest level production since the establishment of Cavanna of ENI and thethree oil sector in the Abu Bakir reviewed Company.the Herecent addedsuccesses that the plan to develop new areas development andfields production of gas from the discoveries byBakir ENE north of Abu Qir has been started by linking themmade to Abu in its Mediterranean concession areas.reserves He pointed outbillion that the project facilities and infrastructure to develop of 500 cubic feet the Nores gas field in of thethese Nile Delta Mediterranean of gas, The development areas in is the prosecution of Edison. has been a milestone since the discovery in July 2015 and the implementation of He pointed to the company,s desire to develop its business in the fields of ambitious plans to achieve a steady increase in the production of gas transportation and circulation of gas, especially after the liberalization of from this field, up to currently about 1.2 billion cubic feet of gas per day. the gas and energy market in Egypt and the establishment of a regulator of the activities of thethat gasthe market, pointing out that the companywith has the Cavannaconfirmed gas field will increase production necessary and expertise to qualify for work start of thetechnology first and second lines of the treatment plant in in this Aprilfield. and May next, adding that it is planned to double production gradually from the The country manager of BP Egypt said that according to BP,s forecasts field back this year to peak production next year, adding that this is on energy, by 2040, with the rapid growth of the growing economies, an extension of Achieve achievements in the field over the past period there is an increase in world energy demand, by one third, especially and start early production of gas at record times compared to similar natural gas, the second largest source of energy. BP confirms its projects regionally and globally. commitment to providing energy to Egypt while continuing to help meet the for field energy, through a strong with the Thegrowing success demand of the Dahar project was based on apartnership strong commitment Ministry Petroleum and its partners theENI Petroleum Corporation from theof Egyptian government and Italy›s to intensify activities and

www.moc-egypt.com 18 MOC SHOW DAILY

IGAS to develop a number of important projects.

Karim pointed out that the company has managed over the last two decades to intensify its activities in the Mediterranean and during this decade has increased its gas supply to the domestic market and it aims to achieve more than 3 times the net gas production in Egypt by 2020 and will achieve this through the implementation of projects While maintaining high production rates for years to come.

He explained that the West Nile Delta project is one of the most important BP strategic projects, which will save about 25% of the gas supplies in Egypt by completing the development of all fields on production, where production is expected to reach Billion cubic feet per day as the development stages are completed.

Karim pointed to the implementation of the first phase of the project of theSami WestEskandar Nile Delta before the planned date. In addition, the second exploration well at Atoll fields in the North Damietta marine concession area is the first major project of PEB in Egypt to be put on production in 2018. It is also the first successful project in developing the layer oligocene in the Nile Delta region and NBC is very proud of the implementation of the Atoll project through its Pharaonic Petroleum Company and completed this project in less than two years which is a huge achievement Atoll currently produces about 350 million cubic feet of gas and 10,000 barrels of condensates daily.

Fabio Cavanna

complete work on the project at an unprecedented pace. Participated in the back project was one of the main factors in its success because they are highly qualified companies and qualified to carry out major projects.

Monti Cavanna also pointed out that the use of modern Nicolas technologies has contributed to the technical challenges of the back project, in particular the drilling of deep water at a depth of 1500 meters, with the risks and difficulties of dealing with the existing formations and reservoirs.

For advanced drilling systems with the highest degree of operational performance and safety factors, stressing its commitment during the project to implement sustainability standards and programs of safety and security and environmental protection, pointing to its commitment to its social responsibility towards the community The projects of community development for community service surrounding the project have been raised with contributions of 20 million dollars over four years, pointing out that in this context, sulfur will be re-exploited during production and economic exploitation of the proceeds of its exploitation in community development projects for the benefit of the local community.

He also reviewed the plans implemented to train cadres in the project to raise their efficiency in line with the development and modernization project launched by the Ministry of Petroleum. He pointed out that the Karim Alaa Italian company Eni has been operating since the early fifties in Egypt MOC SHOW DAILY www.moc-egypt.com 197

DAY TWO

Official Publication

Petroleum Today MEDIA

NEWS

TheINExhibition: Focused, Rich and Representing IOCS VISION EGYPT:

OPTIMISTIC REVIEWS TOWARDS THE FUTURE

MOC 2018 exhibition witnessed a remarkable attention from the industry guests and the companies

Sami Eskandar Executive Vice President, Shell Egyptemphasized the strategic position of Egypt among other countries. ÂŤEgypt is forging its future. Egypt is a country in motion.Âť He said. Then, he moved to discuss the challenges. Firstly, he mentioned the challenge of the uncertainty of the price and what we can do together. He also discussed the energy transition and our role to help Egypt go forward. After that, he stated that the success in Egypt stands for the Egyptian government. Recently, Egypt has addressed the subsidiaries and the exchange rate. Egypt has undertaken the economic reform, Eskander added.

The ministry succeeds to build a very robust energy sector. The modernization program is here to develop the youth and capabilities.

Then, he addressed the audience encouraging them to contribute to the modernization program. Secondly, he praised the new gas law and liberalization process and its effect to attract more investments. Then, he discussed Egypt as an energy hub. Eskander also declared about phase 9B in the west Nile delta and how this project will be unique. Eskander hereby announced that Shell is back to explore in the offshore areas in Egypt. Moreover, he added that Shell also has a social responsibility towards the community. Eskander mentioned Entlaqa initiative to help the small and medium enterprises flourish and grow up. This initiative impacted over 8000 Egyptians and developed 750 enterprises.

Sami Eskandar

He also introduced fir for the future program to help the company move forward and remove the barriers. Eskander stated a unique and remarkable statement about the renewable energy business in Egypt saying that Egypt is the first country in the world to experiment on the renewable energy. He continued saying that in 1912, Egypt dealt the first thermal solar plants.

The Italian oil industry has witnessed unique achievements over the past year, stressing the availability of success factors for petroleum investments in Egypt, in particular the continuous support of the Egyptian government for all investments in the Egyptian oil industry, said Fabio Cavanna, general manager of IEOC. This field, as well as the full coordination between them and foreign companies operating in Egypt, which helps in strengthening efforts to reach more successes and laying the foundations for achieving stable long-term growth in the face of changes in the oil markets and prices, Along with the important role of using modern technologies in exploration and development projects to achieve ambitious aspirations and plans.

Cavanna reviewed the recent successes of ENI and the oil sector in the development and production of gas from the discoveries made by ENE in its Mediterranean concession areas. He pointed out that the project of the Nores gas field in the Nile Delta in the Mediterranean has been a milestone since the discovery in July 2015 and the implementation of ambitious plans to achieve a steady increase in the production of gas from this field, up to currently about 1.2 billion cubic feet of gas per day.

Cavannaconfirmed that the gas field will increase production with the start of the first and second lines of the treatment plant in April and May next, adding that it is planned to double production gradually from the field back this year to peak production next year, adding that this is an extension of Achieve achievements in the field over the past period and start early production of gas at record times compared to similar projects regionally and globally.

The success of the Dahar field project was based on a strong commitment from the Egyptian government and Italy›s ENI to intensify activities and

818

MOC SHOW DAILY

Fabio Cavanna

complete work on the project at an unprecedented pace. Participated in the back project was one of the main factors in its success because they are highly qualified companies and qualified to carry out major projects.

Cavanna also pointed out that the use of modern technologies has contributed to the technical challenges of the back project, in particular the drilling of deep water at a depth of 1500 meters, with the risks and difficulties of dealing with the existing formations and reservoirs.

For advanced drilling systems with the highest degree of operational performance and safety factors, stressing its commitment during the project to implement sustainability standards and programs of safety and security and environmental protection, pointing to its commitment to its social responsibility towards the community The projects of community development for community service surrounding the project have been raised with contributions of 20 million dollars over four years, pointing out that in this context, sulfur will be re-exploited during production and economic exploitation of the proceeds of its exploitation in community development projects for the benefit of the local community.

He also reviewed the plans implemented to train cadres in the project to raise their efficiency in line with the development and modernization project launched by the Ministry of Petroleum. He pointed out that the Italian company Eni has been operating since the early fifties in Egypt

www.moc-egypt.com

DAY TWO

Official Publication

Petroleum Today MEDIA

NEWS

IOCS VISION IN EGYPT:

OPTIMISTIC REVIEWS TOWARDS THE FUTURE Sami Eskandar Executive Vice President, Shell Egyptemphasized the strategic position of Egypt among other countries. «Egypt is forging its future. Egypt is a country in motion.» He said. Then, he moved to discuss the challenges. Firstly, he mentioned the challenge of the uncertainty of the price and what we can do together. He also discussed the energy transition and our role to help Egypt go forward. After that, he stated that the success in Egypt stands for the Egyptian government. Recently, Egypt has addressed the subsidiaries and the exchange rate. Egypt has undertaken the economic reform, Eskander added.

The ministry succeeds to build a very robust energy sector. The modernization program is here to develop the youth and capabilities.

Then, he addressed the audience encouraging them to contribute to the modernization program. Secondly, he praised the new gas law and liberalization process and its effect to attract more investments. Then, he discussed Egypt as an energy hub. Eskander also declared about phase 9B in the west Nile delta and how this project will be unique. Eskander hereby announced that Shell is back to explore in the offshore areas in Egypt. Moreover, he added that Shell also has a social responsibility towards the community. Eskander mentioned Entlaqa initiative to help the small and medium enterprises flourish and grow up. This initiative impacted over 8000 Egyptians and developed 750 enterprises.

Sami Eskandar

He also introduced fir for the future program to help the company move forward and remove the barriers. Eskander stated a unique and remarkable statement about the renewable energy business in Egypt saying that Egypt is the first country in the world to experiment on the renewable energy. He continued saying that in 1912, Egypt dealt the first thermal solar plants.

The Italian oil industry has witnessed unique achievements over the past year, stressing the availability of success factors for petroleum investments in Egypt, in particular the continuous support of the Egyptian government for all investments in the Egyptian oil industry, said Fabio Cavanna, general manager of IEOC. This field, as well as the full coordination between them and foreign companies operating in Egypt, which helps in strengthening efforts to reach more successes and laying the foundations for achieving stable long-term growth in the face of changes in the oil markets and prices, Along with the important role of using modern technologies in exploration and development projects to achieve ambitious aspirations and plans.

Cavanna reviewed the recent successes of ENI and the oil sector in the development and production of gas from the discoveries made by ENE in its Mediterranean concession areas. He pointed out that the project of the Nores gas field in the Nile Delta in the Mediterranean has been a milestone since the discovery in July 2015 and the implementation of ambitious plans to achieve a steady increase in the production of gas from this field, up to currently about 1.2 billion cubic feet of gas per day.

Cavannaconfirmed that the gas field will increase production with the start of the first and second lines of the treatment plant in April and May next, adding that it is planned to double production gradually from the field back this year to peak production next year, adding that this is an extension of Achieve achievements in the field over the past period and start early production of gas at record times compared to similar projects regionally and globally.

The success of the Dahar field project was based on a strong commitment from the Egyptian government and Italy›s ENI to intensify activities and

www.moc-egypt.com 18 MOC SHOW DAILY

Fabio Cavanna

complete work on the project at an unprecedented pace. Participated in the back project was one of the main factors in its success because they are highly qualified companies and qualified to carry out major projects.

Cavanna also pointed out that the use of modern technologies has contributed to the technical challenges of the back project, in particular the drilling of deep water at a depth of 1500 meters, with the risks and difficulties of dealing with the existing formations and reservoirs.

For advanced drilling systems with the highest degree of operational performance and safety factors, stressing its commitment during the project to implement sustainability standards and programs of safety and security and environmental protection, pointing to its commitment to its social responsibility towards the community The projects of community development for community service surrounding the project have been raised with contributions of 20 million dollars over four years, pointing out that in this context, sulfur will be re-exploited during production and economic exploitation of the proceeds of its exploitation in community development projects for the benefit of the local community.

He also reviewed the plans implemented to train cadres in the project to raise their efficiency in line with the development and modernization project launched by the Ministry of Petroleum. He pointed out that the Italian company Eni has been operating since the early fifties in Egypt MOC SHOW DAILY www.moc-egypt.com 9

DAY TWO

NEWS

Official Publication

Petroleum Today MEDIA

IOCS VISION IN EGYPT: AN INTERVIEW WITH

OPTIMISTIC REVIEWS TOWARDS THE FUTURE ENG. HUSSEIN FOUAD EL-GHAZZAWY

Sami Eskandar Executive Vice President, Shell Egyptemphasized the Viceposition President Managing Director, strategic of Egypt&among other countries.

«Egypt Egypt is forging& itsEast future.

Egypt is a country in motion.» He said. Then, he moved to discuss Med.Region Schlumberger the challenges. Firstly, he mentioned the challenge of the uncertainty of the price and what we can do together. He also discussed the energy transition and our role to help Egypt go forward. After that, he stated Obviously, you have a great journey around the government. and ensuringRecently, excellence in service delivery. that the success in Egypt stands for the Egyptian world has withaddressed Schlumberger in different and positions Egypt the subsidiaries the exchange rate. Egypt has of the last three years The prolonged downturn undertaken the economic reform, added. and with different clients. We wouldEskander like to hear has meant our industry has had to change and that in your way. during this time, we have sought to strengthen The ministry succeeds to build a very robust energy sector. The our technology offering and our market presence program to develop the youth and capabilities.

Itmodernization is a long story drivenisbyhere passion.

I joined in leading markets the world. During the Then, he addressed audience to Schlumberger as a fieldthe engineer after encouraging graduation them to contributearound same period, we have restructured all relevant theJuly modernization he praised the new gas law and in 1984 and it program. was a realSecondly, honor to start my parts of the company, in terms of size and liberalization process and its effect to attract more investments. Then, he career in a leading oil services company.

I began our market discussed an -energy hub.two Eskander declared aboutset-up, phase to maximize Sami Eskandar my career Egypt in the as field spending years also in organizational competitiveness and operational agility.

9B in the west delta and how this Egypt, and thenNile Pakistan, followed by project Nigeria,will be unique. Eskander

hereby announced Shell is Iback explore offshore areasSchlumberger in and West Africa. . that In Nigeria, heldtomy first inAsthewe can see, has acquired Egypt.

Moreover, he added that Shell also has a social responsibility management position, managing nearly thirty different companies along its journey to deliver towards theAfter community.

Eskander mentioned to help and to enlarge its scoop. engineers. that, I moved to Libya to run Entlaqa higherinitiative service quality the small and medium enterprises flourish and grow up.

This initiative operations, before returning to Egypt between How do you see this thing affects the growth of the wellbore accurately within the reservoir. impacted developed 750 enterprises.

1998 to over 2000,8000 to Egyptians manage and Schlumberger’s Schlumberger?

We also unveiled the new Pulsar multifunction Drilling and Measurement product line forprogram Egypt, to help the company He also introduced fir for the future Integration can be a constructive way of growing spectroscopy service that pairs multiple Sudan,forward and East Next I moved move andMediterranean.. remove the barriers.

Eskandera stated a unique and business and incorporating more areas of detectors with a high-output pulsed neutron to a sales andstatement marketingabout basedthe position in Dubai remarkable renewable energy business in Egypt O&G operations.

In April 2016 Schlumberger generator to provide stand-alone cased hole which was experience I was travelling a saying thatgreat Egypt is the firstascountry in the world to experiment on the completed the acquisition of Cameron formation evaluation and reservoir monitoring lot, and was exposed to many customers renewable energy.

He continued saying thatand in 1912, Egypt dealtenabling the first the combination of our with openhole logging quality.

International, technicalsolar challenges.. thermal plants. My next role as Regional complimentary portfolios into a pore to pipeline Manager involved managing D&M segment New technologies are regularly deployed in product and over service The Italianinoiltheindustry has witnessed unique achievements the offering. The transaction operations UAE, Oman, Qatar, and Yemen, Egypt and in fact Egypt pioneered the use of creation of technology-driven past stressing the availability factors for the petroleum beforeyear, becoming the General Managerofforsuccess entire facilitated some of the innovative techniques before other growthsupport by integrating investments in particular the from continuous of the Schlumberger reservoir SchlumbergerinOilEgypt, field Services for Yemen places Fabio Cavanna Egyptian government all investments in UAE the Egyptian oil technology industry, said and well with Cameron wellhead and 2007 to 2010.

After that,for I moved back to the Fabio Cavanna, general of IEOC.for This field, as equipment, well as the full surface flow control, and processing Going forward our objective is to connect E&P to be the Vice President & manager General Manager coordination between them and foreign companies operating in Egypt, technology.

Schlumberger now boasts a holistic domains, people and processes through a digital Schlumberger UAE- at that time I was responsible foundation.

We recently launched the DELFI which helps in strengthening efforts to reach more successes and completeand workrecovery on the project at an unprecedented pace. Participated in for over 2000 employees from approximately 60 offering enabling optimal efficiency cognitive E&P environment to enable secure laying the foundations for achieving stable long-term growth in the face rates from the first geological survey to the the back project was one of the main factors in its success because they nationalities - a high percentage of which were of changes in thea oil markets and prices, Along with the of important role fluids collaboration acrosstoE&P teams by leveraging are highly and qualified carry out major projects. delivery the produced to thequalified end user.companies women.

It was completely diverse working of using modern technologies in exploration and development projects digital technologies analytics and machine environment and a really enriching experience. How does Schlumberger care Cavanna also pointed about R&D and why? out that the use of modern technologies has to achieve ambitious aspirations and plans. learning, high-performance computing, and Now, I have returned to Egypt to undertake contributed to the technical challenges of the back project, in particular With a global network of research and engineering the Internet of Things - to improve operational a similar reviewed job as Vice President & Managing Cavanna the recent successes of ENI and the oil sector in the the drilling of deep water at a depth of 1500 meters, with the risks facilities, Schlumberger places strong emphasis efficiency and deliver optimized production at the Director for Egypt and the East Mediterranean. development and production of gas from the discoveries made by ENE and difficulties of dealing with the existing formations and reservoirs. developing innovative technology that adds lowest cost per barrel.

I am to be concession back in Egypt to share my on out in its delighted Mediterranean areas.

He pointed that the project For advanced drilling systems with the highest degree of operational value for ourhas customers.

In 2017, we invested experience withinDelta my inhome of the Noresand gas knowledge field in the Nile the Mediterranean been performance and safetyThe factors, stressing its commitment the Egyptian Petroleum industry during witnesses close to $800 million in R&E for our oilfield country. a milestone since the discovery in July 2015 and the implementation of project to implement sustainability standards and programs of safety and a golden era with the recent activities and activities.

We are committed to developing ambitious plans to achieve a steady increase in the production of gas security and environmental protection, to itstocommitment to its Wepointing would like know your vision Of course, we know the history of Schlumberger new technologies and innovative services to discoveries. from this field, up to currently about 1.2 billion cubic feet of gas per day. social responsibility towards the community The projects of community about Egypt and the possibility to be an energy but we would like to know from you the learned enable the exploration of challenging oil and gas for community service surrounding the project have been hub in the region. lessons from that long journey and will howincrease the resources, Cavannaconfirmed that the gas field production with the thedevelopment to increase production from new raised with contributions of 20 million dollars over four years, pointing company dealt ups and downs the oil and start of the firstwith andthe second lines of theintreatment plantexisting in Aprilfields, and May Many exciting opportunities exist production in Egypt andand we and toout improve the efficiency that in this context, sulfur will be re-exploited during prices. next, adding that it is planned to double production gradually from the withofour onina community wide range and reduce the overall cost of the exploitation exploration ofare theworking proceeds itscustomers exploitation field back this year to peak production next year, adding that this is economic of projects.

More recently we have seen a move example, in 2017 we Schlumberger has extensive domain knowledge and production cycle. Fordevelopment projects for the benefit of the local community. an extension of Achieve achievements in the fieldlaunched over the the pastxBolt* period towards higher levels of integration as customers accelerated drilling service of exploration and production (E&P) operations and start early production of gas at record times compared to similar He also reviewed the plans implemented to train cadres in theoffshore project the benefits.For example, through robust recognize gained through more than 90 years of experience. that maximizes drilling efficiency projects regionally and globally. to raise their efficiency in line with the development and modernization Therefore, we have a unique understanding reliability and high-speed electromagnetic and Egypt, the Testing & Process product line used projectrates, launched by the aMinistry of Petroleum.

He pointed for out that the combination of technologies Belayim pulse communication enabling of anDahar industry and as onmud Theoperating success ofinthe fielddownturn project was based a strong commitment Italianwhile company Eni has Petroleum been operating since(Petrobel) the early to fifties in Egypt from thewe Egyptian ENI to intensify always, remain government committed toand our Italy›s customers operatorsactivities to deliverand wells faster positioning Company complete a

10 18

MOC SHOW DAILY

www.moc-egypt.com

DAY TWO

Official Publication

Petroleum Today MEDIA

NEWS

IOCS VISION IN EGYPT:

production test of the first appraisal well on the Zohr discovery in the Shorouk block.

exploration risks and accelerate hydrocarbon maturation cycles.

we will also maintain our other facilities such as Salam base WD, Abu Rudies, and Ras Shoukeir to assist with our operations over there., the base is a state of art with investment more than $60 million ,

OPTIMISTIC REVIEWS TOWARDS THE FUTURE

Lately in 2017, TGS and Schlumberger announced How will the new gas law draw a new energy map a new 2D Multiclient project in Egyptian Red Sea. in Egypt?

Sami Eskandar Executive President, Shell Egyptemphasized the We would you to wrap up this Vice attractive initiative Egypt is already richitsby its Natural resources, strategic position of Egypt among other countries.

«Egypt is forging and your expectations for the red sea region.

Human resources & infrastructure; a more future. Egypt is a country in motion.» He said. Then, he moved to discuss Yes, in July 2017 TGS and Schlumberger attractive legislative environment will open up the challenges. Firstly, he mentioned the challenge of the uncertainty of announced a new offshore opportunities. the price and what2D weseismic can do project together.

He also new discussed the energy Egypt.

The project involves the acquisition of transition and our role to help Egypt go forward.The After that, he stated new operational base in the 6th of October, more than 60,000 in km2 2D long-offset that the success Egypt stands for broadband the Egyptian government.

Egypt›s CenterRecently, of Efficiency (ECE), Will it replace multiclient seismic survey.

Advanced newexchange rate. Egypt has Egypt has addressed the subsidiaries and the the other bases? Why did you establish it? What is acquisition techniques will provide undertakenand the imaging economic reform, Eskander added. new concerning it? better illumination of complex subsalt structures.

The ministry succeeds to build a very robust energy sector.

The the new Schlumberger base is a state of The project will integrate all legacy seismic and Yes, modernization program is here to develop the youth and capabilities. non-seismic data. Acquisition commenced in the art facility located in the industrial area of 6th Then, he addressed audiencetoencouraging them to contribute to October city over 100,000 m2. The center for mid-December and istheexpected complete of the modernization program.

Secondly, he praised the new gas law and March 2018. Our program will have significant efficiency is equipped with our latest technologies liberalization andpotential its effect for to attract more and investments.

Then, he also comprises of a training facility that will impact on theprocess exploration the entire discussed Egypt as an energy Eskander also serve declared phase and Sami Eskandar us, about our customers the Egyptian O&G Red Sea (600,000 km2 across hub.

5 countries).

Our 9B in the west Nile delta and how this project will be unique. Eskander collaborative approach will help customers to sector . The majority of our employees in Egypt hereby announced that Shell is back to explore in the offshore areas in identify high potential play segments, assess will be based out of the new center, however Egypt. Moreover, he added that Shell also has a social responsibility towards the community. Eskander mentioned Entlaqa initiative to help the small and medium enterprises flourish and grow up. This initiative impacted over 8000 Egyptians and developed 750 enterprises.

Egypt as a GeoMarket, How challenging is the working environment and what are your recommendations for a better progress as well as your plan in the upcoming years?

Egypt is a very competitive market, and we are working to e ensure that we exceed our customer’s expectations.

Maintaining the highest levels possible of health and safety for our employees, customers and contactors, as well as protection of the environment in the communities in which we live and work is of paramount importance]. This is achieved through an unwavering commitment to planning, execution of job and evaluation after the job.

SCHLUMBERGER IS A DISTINGUISHED EXHIBITOR DURING MOC 2018

He also introduced fir for the future program to help the company move forward and remove the barriers. Eskander stated a unique and remarkable statement about the renewable energy business in Egypt saying that Egypt is the first country in the world to experiment on the renewable energy. He continued saying that in 1912, Egypt dealt the first thermal solar plants.

The Italian oil industry has witnessed unique achievements over the past year, stressing the availability of success factors for petroleum investments in Egypt, in particular the continuous support of the Egyptian government for all investments in the Egyptian oil industry, said Fabio Cavanna, general manager of IEOC. This field, as well as the full coordination between them and foreign companies operating in Egypt, which helps in strengthening efforts to reach more successes and laying the foundations for achieving stable long-term growth in the face of changes in the oil markets and prices, Along with the important role of using modern technologies in exploration and development projects to achieve ambitious aspirations and plans.

Cavanna reviewed the recent successes of ENI and the oil sector in the development and production of gas from the discoveries made by ENE in its Mediterranean concession areas. He pointed out that the project of the Nores gas field in the Nile Delta in the Mediterranean has been a milestone since the discovery in July 2015 and the implementation of ambitious plans to achieve a steady increase in the production of gas from this field, up to currently about 1.2 billion cubic feet of gas per day.

Cavannaconfirmed that the gas field will increase production with the start of the first and second lines of the treatment plant in April and May next, adding that it is planned to double production gradually from the field back this year to peak production next year, adding that this is an extension of Achieve achievements in the field over the past period and start early production of gas at record times compared to similar projects regionally and globally.

The success of the Dahar field project was based on a strong commitment from the Egyptian government and Italy›s ENI to intensify activities and

www.moc-egypt.com 18 MOC SHOW DAILY

Fabio Cavanna

complete work on the project at an unprecedented pace. Participated in the back project was one of the main factors in its success because they are highly qualified companies and qualified to carry out major projects.

Cavanna also pointed out that the use of modern technologies has contributed to the technical challenges of the back project, in particular the drilling of deep water at a depth of 1500 meters, with the risks and difficulties of dealing with the existing formations and reservoirs.

For advanced drilling systems with the highest degree of operational performance and safety factors, stressing its commitment during the project to implement sustainability standards and programs of safety and security and environmental protection, pointing to its commitment to its social responsibility towards the community The projects of community development for community service surrounding the project have been raised with contributions of 20 million dollars over four years, pointing out that in this context, sulfur will be re-exploited during production and economic exploitation of the proceeds of its exploitation in community development projects for the benefit of the local community.

He also reviewed the plans implemented to train cadres in the project to raise their efficiency in line with the development and modernization project launched by the Ministry of Petroleum. He pointed out that the Italian company Eni has been operating since the early fifties in Egypt MOC SHOW DAILY www.moc-egypt.com 11

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IOCS VISION IN EGYPT: AN INTERVIEW WITH

OPTIMISTIC REVIEWS TOWARDS THE FUTURE NICOLAS KATCHAROV

Sami Eskandar Executive Vice President, Shell Egyptemphasized the General Egypt VP North Africa and strategic positionManager of Egypt among otherBranch countries. «Egypt is forging its future.

Egypt isEast a country in motion.» He said.

Then, heEgypt moved to discuss Middle Operations, Edison, the challenges. Firstly, he mentioned the challenge of the uncertainty of the price and weacan do together.

He also sister discussed the energy company EDF Energies Nouvelles. We Absolutely, youwhat have great journey around transition and our role to help Egypt go forward.

After that, heactively stated with our presence and the world with Edison in different positions and support them that the success in Egypt forown the Egyptian government. exposure.

We would like to stands hear your story. understandingRecently, of the market, and we are glad Egypt has addressed the subsidiaries and the exchange rate.

Egypt has about their recent success in concluding a first In fact, I joined Edison in January 2017 only, taking undertaken the economic reform, Eskander added.

2x50 MW solar project in Benban. But if one can my actual location in Cairo. Before, I spent nearly the energy The ministry succeeds to build a verywithin robustconsider energy that sector.

The efficiency – consisting 20 years in different management positions in investments and know-how for saving energy modernization is here of to Edison, developafter the youth and capabilities.

EDF Group, the program mother company -them is a sort of renewable Then, he addressed the audience encouraging to contribute to energy, so yes, Edison is 6 years in Gaz de France in the very beginning active for 15 months in the Egyptian market with the modernization program.

Secondly, he praised the new gas law and of my carrier in the energy sector in France. In liberalization process and its effect to attract more investments.

Then, he a dedicated for such projects company Edison Egypt, I came after great experiences such discussed as an energy Eskander also Egypt declared about phase Energy Services. We areEskandar developing Sami as CEO ofEgypt Budapest Power hub.

Plants, Hungary, 9B in the west Nile delta and how this project will be unique.

Eskander energy and water efficiency project and we are and CEO of EDF Fenice, one of the European hereby announced that Shell is back to explore in the offshore areas in convinced that our main E&P activity dedicated to leading companies specialized in energy and Egypt.

Moreover, he added that Shell also has a social responsibility environmental services, both subsidiaries of EDF. produce more gas, should be led in parallel with towards the community. Eskander mentioned Entlaqa initiative to assisting help our other activity the end consumers Edison hasand beenmedium operating and investing in Egypt the small enterprises flourish and grow up.waist This initiative not to energy. To increase the energy for a while,over How8000 was Egyptians that periodand anddeveloped what were 750 impacted enterprises. efficiency and to protect the environment shall the challenges? be,help in my the next long term strategic He also introduced fir for the future program to theopinion, company goal of Egypt in which In Egypt, Edisonand hasremove been present since 1994, in move forward the barriers.

Eskander stated a unique andwe intend to play a role.

two main productive assets which West Delta remarkable statement about theare renewable energy business in always Egypt an effective partner in the Edison has been Deep Marine from 1994 and 2001, and in Abu saying that Egypt is the first country in the worldEgyptian to experiment onWould the we see Edison in more Egypt can benefit from this experience avoiding industry.

Qir since 2009.

This renewable energy.

He long-term continued presence saying thatand in 1912, Egyptconcessions, dealt the firstand initiatives? go-and-back movements and applying the past projects, our commitment even during the most tough thermal solar plants. experiences in EU for faster and more efficient times in the very recent Egyptian history, is self- In principle, yes. We are studying new opportunities organization process. Of course, there are local The Italian oil industry has witnessed unique achievements over the explanatory about the importance and trust we offered by the bid round to be launched. But once particularities in the way how to promote, take past year, stressing the availability of success again, factorsnew for commitments petroleum shall be now eased by attach to the country and to its potential. The and apply decisions, but this is the case with any investments in Egypt, in particular the continuous support of the main challenge since the 2011 revolution was, simplified and clear processes defining better country.

Fabio Cavanna Egyptian government for all investments in the Egyptian oil industry, said and this is not a secret, to succeed in continuing the role and responsibilities of the parties in the Fabio Cavanna, general manager of IEOC. This field, as well as the full our investments efforts while we, as any IOC, concessions, and mainly securing better the Edison exists in Egypt with different E&P projects coordination between them and foreign companies operating in Egypt, were suffering from the triple effect of the global investors’ decisions and expected returns. The and activities. What is the role of E&P and other which helps in strengthening efforts to reach more successes and complete on the project at an unprecedented pace. Participated in of the work concession disciplines in Egypt? financial crisis, the drop of the oil prices and the ongoing since 2017 review laying the foundations for achieving stable long-term growthfrom in the face the back project was one of the main factors in its success because they principles one hand, and the opening of the increasing overdues. In such a situation it is a real Our definitive targettoiscarry to contribute with our of changes in the oil markets and prices, Along with the important role are highly qualified companies and qualified out major projects. challenge to finance during many years a highly gas market initiated in 2017 from another hand, E&P activity to the energy transition of Egypt. of using modern technologies in exploration and are development projects offering new possibilities for this andpointed I am out that the use of modern technologies has capex-intensive activity such as the Oil and Gas Cavanna also That means that the gas produced in Egyptian to achieve ambitious aspirations and plans. the management Exploration and Production in a country crossing confident the process, under contributed to the technical challenges should of the back project, particular concessions ensure the innecessary of the of in Petroleum, going to rightwater deep economic and Cavanna reviewed thesocial recenttransformation. successes of We ENI and the Ministry oil sector the theisdrilling of the deep at a depth of 1500 meters, with the risks and competitive energy for Egyptians and their direction.made by ENE and difficulties of dealing can be proudand thatproduction Edison has neverfrom failed development of gas the indiscoveries with the existing formations and reservoirs. industry, progressively replacing polluting and its its commitments during this period, whileHe many in Mediterranean concession areas. pointed that themarket project For advanced drilling with the highest degree of operational Theout Egyptian is totally different from the systems not efficient usages. Our E&P production is part other companies decreased their exposure Delta of the Nores gas field in the Nile in the Mediterranean has been performance and safety factors, stressing its commitment during the European one. How does Edison deal with local of our global project of making people living or simply have leftthe Egypt.

I hopein as that, a milestone since discovery Julywell 2015 and market the implementation of project to implement sustainability standards and programs of safety and development concept in Egypt? better tomorrow, and Egypt has the chance to given the good about athe fast improving ambitious plans news to achieve steady increase in the production of gas security and environmental protection, pointing to its commitment to its be rich of gas.

If we leave beside the transitional difficulties that macroeconomy thisabout period over,cubic from this field, upoftoEgypt, currently 1.2 isbillion feet of gas per day. social responsibility towards the community The projects of community which – once for again – and we can also be awarded for our patience I mentioned before, and development community surrounding the project Whatservice is your expectations for have the been east Cavannaconfirmed that the gas field will increase production with theto the past, the Egyptian I consider belonging and efforts in supporting Egypt. To take such an raised with contributions of 20 million dollars over four years, pointing Mediterranean area and how does Edison oversee start of the first and second lines of the treatment market plant inisApril not and thatMay different than any market in sulfur will be re-exploited during production and award is our current challenge. out that in this context, the region? next, adding that it is planned to double production the initialgradually phase offrom liberalization.

In Europe, we have of the proceeds of its exploitation in community economic exploitation Edison hasthis a year strong portfolio to invest field back to peak production nextin year, adding that this experience is gas potential in EastMed is already proven. It quite an extensive how to projects operate forThe development the benefit of the local community. renewables, is the upcoming plans forinEgypt? an extensionwhat of Achieve achievements the fieldand over the past period how to contribute to the market design and, is a major source of future energy for the region, and start early production of gas at record times compared to similar He also reviewed the plans implemented to trainthat cadres in the project it is well known it is not cheap due task to consolidate however Edison is very active and among the leaders trust me, it was not an easy projects regionally and globally. to raise their efficiency in line with the development and modernization in renewables in Italy, while In Egypt, by the some 27 EU members states’ markets into to the high exploration risks and development project launched by the costs.

MinistryFor of sanctioning Petroleum. He pointed decisions out that the investment in rules. This process initiated 20 years internal Group organization, the development The success of the Dahar field project was based oncommon a strong commitment Italian company Eni has been operating since the early fifties in Egypt ago is stillactivities not finalized, of renewables is under the responsibility ourto intensify from the Egyptian government and Italy›sofENI and by the way. I believe that such a scale, it is critical to have a clear view on

12 18

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NEWS

IOCS VISION IN EGYPT:

the gas prices, the capacity to sell the production As you said before, «Egypt is really the solution and the security to be paid for. Unfortunately, here for the entire region.» How can Egypt succeed the gas reserves are not always located close to be an energy hub? to markets capable to valorize them, therefore In my opinion, Egypt can with success become the of regional Samidevelopment Eskandar Executive Vice infrastructures President, Shell on Egyptemphasized the term the most viable the short to middle and cooperation a clear market strategic position and of Egypt among otherdesign countries.

«Egypt is forging its option for the regional and economical export are necessary the valorization of He thesaid. future future.

Egypt is for a country in motion.»

Then,Mediterranean he moved to discuss gas thanks to its existing LNG projects.

EdisonFirstly, has already demonstrated its capacities the challenges. he mentioned the challenge of the uncertainty of Coast. This is a great on the North the price and what weincan do2017 together.

He also opportunity discussed the energy confidence, engaging June the second for transforming Egypt in a gas hub, transition and our role to helpThekah Egypt go forward.knowing After that, he stated exploration phase in North offshore that in my personal understanding that the success Egypt stands Recently, concession and in planning to drill for a the first Egyptian deep- government. a “hub” is not only a gas route, but also a Egypt has addressed and the rate.maker.

Egypt has water exploration wellthe in subsidiaries 2019. We are alsoexchange gas price Indeed, given the Egyptian undertakentwo the economic reform, Eskander added. evaluating other contingent concessions domestic market’s size and potential for growth, in theministry Egyptiansucceeds East Med, to North Porta Fuad administrated The build very and robustif energy sector. with The an adequate regulation North East Hapy. securing transparent and market-based pricing, modernization program is here to develop the youth and capabilities.

Then, he addressed the audience encouraging them to contribute to the modernization program. Secondly, he praised the new gas law and liberalization process and its effect to attract more investments. Then, he discussed Egypt as an energy hub. Eskander also declared about phase Sami Eskandar 9B in the west Nile delta and how this project will be unique. Eskander hereby announced that Shell is back to explore in the offshore areas in Egypt. Moreover, he added that Shell also has a social responsibility towards the community. Eskander mentioned Entlaqa initiative to help the small and medium enterprises flourish and grow up. This initiative impacted over 8000 Egyptians and developed 750 enterprises.

then Egypt can become the bridge between the regional gas producers and the international gas markets.

OPTIMISTIC REVIEWS TOWARDS THE FUTURE

What is the role of Edison to participate in energy hub mega project?

Of course, we are looking on any opportunity within this project. We have a unique position being present in the Egyptian upstream, the regional midstream and with the capacity and know how to develop further the local downstream and market design. The initiative of the mega project belongs to the Egyptian authorities and we hope that Edison’s contribution on specific opportunities will be solicited.

GASCO with a unique and effective existence during MOC 2018 exhibition

He also introduced fir for the future program to help the company move forward and remove the barriers. Eskander stated a unique and remarkable statement about the renewable energy business in Egypt saying that Egypt is the first country in the world to experiment on the renewable energy. He continued saying that in 1912, Egypt dealt the first thermal solar plants.

The Italian oil industry has witnessed unique achievements over the past year, stressing the availability of success factors for petroleum investments in Egypt, in particular the continuous support of the Egyptian government for all investments in the Egyptian oil industry, said Fabio Cavanna, general manager of IEOC. This field, as well as the full coordination between them and foreign companies operating in Egypt, which helps in strengthening efforts to reach more successes and laying the foundations for achieving stable long-term growth in the face of changes in the oil markets and prices, Along with the important role of using modern technologies in exploration and development projects to achieve ambitious aspirations and plans.

Cavanna reviewed the recent successes of ENI and the oil sector in the development and production of gas from the discoveries made by ENE in its Mediterranean concession areas. He pointed out that the project of the Nores gas field in the Nile Delta in the Mediterranean has been a milestone since the discovery in July 2015 and the implementation of ambitious plans to achieve a steady increase in the production of gas from this field, up to currently about 1.2 billion cubic feet of gas per day.

Cavannaconfirmed that the gas field will increase production with the start of the first and second lines of the treatment plant in April and May next, adding that it is planned to double production gradually from the field back this year to peak production next year, adding that this is an extension of Achieve achievements in the field over the past period and start early production of gas at record times compared to similar projects regionally and globally.

The success of the Dahar field project was based on a strong commitment from the Egyptian government and Italy›s ENI to intensify activities and

www.moc-egypt.com 18 MOC SHOW DAILY

Fabio Cavanna

complete work on the project at an unprecedented pace. Participated in the back project was one of the main factors in its success because they are highly qualified companies and qualified to carry out major projects.

Cavanna also pointed out that the use of modern technologies has contributed to the technical challenges of the back project, in particular the drilling of deep water at a depth of 1500 meters, with the risks and difficulties of dealing with the existing formations and reservoirs.

For advanced drilling systems with the highest degree of operational performance and safety factors, stressing its commitment during the project to implement sustainability standards and programs of safety and security and environmental protection, pointing to its commitment to its social responsibility towards the community The projects of community development for community service surrounding the project have been raised with contributions of 20 million dollars over four years, pointing out that in this context, sulfur will be re-exploited during production and economic exploitation of the proceeds of its exploitation in community development projects for the benefit of the local community.

He also reviewed the plans implemented to train cadres in the project to raise their efficiency in line with the development and modernization project launched by the Ministry of Petroleum. He pointed out that the Italian company Eni has been operating since the early fifties in Egypt MOC SHOW DAILY www.moc-egypt.com 13

DAY TWO

NEWS

Official Publication

Petroleum Today MEDIA

ACTIVELY WORKS WITH THE EGYPTIAN IOCS VISION IN EGYPT:

GOVERNMENT TO FIND OPPORTUNITIES Eng. Kamel Al Sawi OPTIMISTIC TOWARDS ANDREVIEWS BOOSTING THE FAST GROWING THE FUTURE AN INTERVIEW WITH

Kuwait Energy Egypt President

EGYPTIAN ECONOMY

Sami Eskandar Executive Vice President, Shell Egyptemphasized the strategic position of Egypt among other countries. «Egypt is forging its Can you offer us some insight intoKuwait Energy’skey Abu Sennanon the other hand, is producing future. Egypt is a country in motion.» He said. Then, he moved to discuss recent achievements in Egypt?

4,000 boepd. A rate that is subject to the challenges. Firstly, he mentioned the challenge of the uncertainty of Kuwait Energy has four assets in Egypt namely; increase following the planned drilling the price and what we can do together. He also discussed the energy East Ras Qattara (ERQ), Burj El Arab (BEA), activities in 2018. We also hopeful that the transition and our role to help Egypt go forward. After that, he stated Abu Sennan, and Area A. We continue to recent ministerial approval obtained will that the success in Egypt stands for the Egyptian government. Recently, invest in drilling development and exploration facilitate securing a 5-year exploration phase Egypt has addressed the subsidiaries and the exchange rate. Egypt has wells in all our assets to increase, or at a extension. This will be critical to unlock undertaken the economic reform, Eskander added. minimum maintain, production and enhance the full potential of the Abu Sennan asset.

The ministry succeeds to build a veryEven robust energy sector. reserves to support Egypt’s economy.

Additionally, theThe Company has introduced modernization program is 2011, here to develop the youth and capabilities. during the local turmoil in Kuwait Energy a great example of utilizing EGPC idle Then, addressed the audience encouraging to contribute didn’thehalt is operations despite the turbulent them resources in thetoQarun JV company by thetimes. modernization praised the new gas law recommissioning and Over 55%program. of KuwaitSecondly, Energy’she overall mobilizing and a 20 years liberalization process and its effect to attract more investments.

Then, he Sennan that handles up production stems from Egypt. We remain keen old gas plant at Abu discussed Egypt as an energy hub. possible, Eskanderby also declared about phase Sami Eskandar to increase our production, where to 34 mmscfd. wells by the end of 2018. Moreover, we are 9Bcarrying in the west Nileintensive delta and how thisprogram project will be unique.

Eskander out an work-over Lastly, BEA is currently producing 1,500 planning to expand the water injection to hereby announced that Shell is back to explore in the offshore areas to in boost BEA’s production and drilling new wells. bopd.

Our ability other areas inside the field.

Egypt.

Moreover, he added that Shell also has a social responsibility Recently, with the support of EGPC and the from 130 bopd at the start of our operations As for Abu Sennan, we are planning to drill towards thewecommunity.

Eskanderobtained mentioned initiative help was one of the greatest ministry, have successfully the Entlaqa to over 2,000tobopd one exploratory well and two development thenecessary small andmilitary mediumpermits enterprises flourish and grow up. This we initiative in ERQ, which milestones have achieved in Egypt. wells by the end of 2018 and start water impacted Egyptians developed allowed over us to8000 resume drillingand and increase 750 enterprises.

Kuwait Energy takes great pride in its injection at Al-Jahraa field. production in the the future asset, program which to relationship – that has grown into a Hethealso introducedrate fir for help the company Lastly, for BEA, we are in active dialogue with currently stands at 17,500 bopd.

Moreover, partnership – with move forward and remove the barriers. Eskander stated a unique andthe Egyptian Government EGPC to extend the license for 10 more years this has facilitated theabout process appraising the inEgyptian General Petroleum remarkable statement the of renewable energyand business Egypt to develop the area in the most optimal way. the recent discovery we made late world in (EGPC). saying that Egypt is the that first country in the toCompany experiment on the In support of project; 2014 at the deep Jurassic level/reservoir. modernization, that Does your focus remain on drilling further wells to renewable energy. He continued saying that in 1912,Petroleum Egypt dealt Sector’s the first This was a result of drilling the Shahd-4 well, aims to transform Egypt into a regional Oil improve and maintain production? thermal solar plants. which tested at 2,400 barrels of condensate Kuwait Energy will continue to inject capital into and Gas hub by achieving the petroleum’s The oil industry witnessed unique achievements over the andItalian 20 mmscf of gas has per day.

This Jurassic its Egyptian portfolio to minimize any decline sector full potential, Kuwait Energy actively past year, stressing availability success factors for petroleum discovery reinforcesthe the value of our of existence in production levels in its assets. We continue works with the Egyptian Government to find investments Egypt, inthe particular theascontinuous support of the in Egypt byinpositioning Company an to carry extensive work-over programs and opportunities that aim to boost Egypt’s fastFabio Cavanna Egyptian government for all investments in the Egyptian oil industry, said oil as well as gas producer. drill further development wells to achieve this growing economy. This support is exhibited Fabio Cavanna, manager ofmanaged IEOC. This field, as well as the full As for Area A, general we successfully and increase production further. by facilitating Egypt’s entry into its first coordination between themofand companies operating in Egypt, to boost the production thisforeign mature field international venture through the Egyptian What at type enhancement plans you have for which strengthening efforts to reach successes and complete work on the project an of unprecedented pace.do Participated in from helps 1,200 in bopd at the commencement of more General Petroleum Company (EGPC) in projects to optimize production? laying the foundations for to achieving stable long-term growth in the face the back project was oneyour of the main factors in its success because they our operations in 2008 9,000 bopd today.

Iraq in Block 9 acquiring 10% participating Kuwait is very keen onmajor applying new of The changes in the also oil markets and prices, Along with the important role are highly qualified companies andEnergy qualified to carry out projects.

Company succeeded at keeping interest. In 2017, Egypt’s presence in Iraq of the using modern technologies in exploration and development projects technologies that enhance and optimize production level of Area A above 6,500 Cavanna also pointed expanded to also include ownership of a out that the use of modern technologies has to for achieve aspirations plans. us production levels. We have led numerous moreambitious than 8 years, whichand secured to the challenges of the back project, in particular 15% revenue interest incontributed the Siba gas fieldtechnical in initiatives in this regard which reflected to at a leading role the for recent being successes a pioneer in Cavanna reviewed of the ENI andBasra, the oil Iraq, sector in the the drilling of deep water at a depth of 1500 meters, with the risks where Kuwait Energy is also the increasing production and reserves. management mature offields.We havediscoveries development andofproduction gas from the made by ENE operator of the field. and difficulties of dealing with the existing formations and reservoirs. announced the oil discovery in recently its Mediterranean concession areas.

He pointed out that the project For advanced drilling systems the highest degreeyou of operational Has thewith excellent relationship established What are your future plans for the East Ras Qattara (SK-1X) AreainAtheatMediterranean of of theSouth Nores Kheir-1X gas field in the Nilein Delta has been performance and(ERQ), safetywith factors, stressing its commitment during the the Egyptian General Petroleum Corporation Sennan, the Burg and Area A assets? sustainability standards and programs of safety and Western Desert at an initial oil flow 2015 rate of a milestone since the discovery in July and the theAbu implementation ofEl Arab project to implement following the commissioning of a gas plant led to future plans for thesecurity four assets focuses 2,452 barrels per day (bopd) increase from the in theOur ambitious plansoftooil achieve a steady production of gas and environmental protection, other projects? pointing to its commitment to its on per drilling wells to Hamman Faraun from this field, up to MBR/Belayim currently aboutformation 1.2 billionatcubicmainly feet of gas day. development social responsibility towards community The projects of community Asthe mentioned before, our relationship with increase production development and explore the 128 /64 - inch choke size. This discovery is for community service surrounding the project have been EGPC is distinguished at all levels.

We enjoy Cavannaconfirmed that the gas field will increase unexplored production acreage with the to increase our reserves. considered a direct result of our technical raised with contributions ofan20open millionrelationship dollars overbased four years, pointing on trust and start of the first and second lines of the treatment plant in April and May drilling In ERQ, we resumed early in 2018, and team reprocessing old 2D/3D seismic and out that in this context, sulfur will be re-exploited during production and partnership. next, adding that it is planned to double productionwe gradually from the are planning to drill more development identifying drillable exploration opportunities, exploitation of the of itsinexploitation community As proceeds our partners two of ourinIraqi assets, field back this year to peak production next year,and adding that thisappraisal is economic exploration wells to increase and demonstrates Kuwait Energy’s ability to development projects for the benefit of the local community. we work closely with them operationally, an extension of Achieve achievements in the field over the past period production and delineate the Jurassic continue to find hydrocarbons in mature fields and to financially.

This in compliments and start early production of gas at record times compared to similar He also reviewed the planstechnically, implemented train cadres the project structure that we discovered late 2014. as just mentioned. It is worth mentioning our special relationship with Egypt projects regionally and globally. to raise their efficiency in line with the development and modernization In Area A, the exploratory well we drilled here that Kuwait Energy is proud of its track Government, which is maintained bythe a project by the Ministry of Petroleum. He pointed out that late 2017 marked the start launched of our drilling The success of the Dahar project was based on ainstrong commitment record of around 55%field exploration success management Egyptian local Italian company Eni has been operatingteam sinceand the 100% early fifties in Egypt from Egyptian government and Italy›s ENI to intensify activities campaign whichand entails drilling three more ratethe in Egypt. workforce of over 180 staff.

14 18 10

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NEWS

IOCS VISION IN EGYPT:

OPTIMISTIC TOWARDS THE FUTURE The WorldREVIEWS of Automatic Lubrication Sami Eskandar Executive Vice President, Shell Egyptemphasized the strategic position of Egypt among other countries. «Egypt is forging its future. Egypt is a country in motion.» He said. Then, he moved to discuss the challenges. Firstly, he mentioned the challenge of the uncertainty of Germany the price and what we can do together. He also discussed the energyPerma Automatic Lubrication: transition and our role to help Egypt go forward. After that, he stated1. Economical – perma reduces costs by up to 25%. that the success in Egypt stands for the Egyptian government. Recently,2. Safety – perma reduces the risk of accidents by up to 90%.

Egypt has addressed the subsidiaries and the exchange rate. Egypt has3. Technical aspects – perma can prevent 55% of all roller bearing failures.

4. Reduced maintenance time, lower costs, increased safety. undertaken the economic reform, Eskander added.

The ministry succeeds to build a very robust energy sector. The modernization program is here to develop the youth and capabilities.

Then, he addressed the audience encouraging them to contribute to the modernization program.

Secondly, he praised the new gas law and TECHNOLOBRISYSTEM (TLS) ITALY: liberalization process and its effect to attract more investments. Then, he 1. Central Lubrication pump working with upto 300 point. discussed Egypt as an energy hub. Eskander also declared about phase 2. Central Lubrication pump upto 30 kg.

9B in the west Nile delta and how this project will be unique. Eskander 3. Central Lubrication pump compatible with NLGI #3. hereby announced that Shell is back to explore in the offshore areas in 4. Central Lubrication pump working with pressure upto 300 bar.

Egypt. Moreover, he added that Shell also has a social responsibility 5. Accessiores ( High pressure tube for lubrication, Distributors , Fitting ..etc. towards the community. Eskander mentioned Entlaqa initiative to help the small and medium enterprises flourish and grow up. This initiative impacted over 8000 Egyptians and developed 750 enterprises.

TECNOLUBRISYSTEM

Growth Promoters World

He also introduced fir for the future program to help the company move forward and remove the barriers. Eskander stated a unique and For Trading, Import &energy Suppliers remarkable statement about the renewable business in Egypt saying that Egypt is the first country in the world to experiment on the renewable energy. He continued saying that in 1912, Egypt dealt the first thermal solar plants.

Sami Eskandar

www.promoters-world.com info@promoters-world.com +2010 651 16 644 +2012 722 98 856

INTERNATIONAL INTERNATIONAL MARINE MARINE WORKS WORKS (IMW) (IMW)

The Italian oil industry has witnessed unique achievements over the past year, stressing the availability of success factors for petroleum investments in Egypt, in particular the continuous support of the Fabio Cavanna Egyptian government for all investments in the Egyptian oil industry, said Fabio Cavanna, general manager of IEOC. This field, as well as the full coordination between them and foreign companies operating in Egypt, which helps in strengthening efforts to reach more successes and complete work on the project at an unprecedented pace. Participated in INTERNATIONAL laying the foundations for achieving stable long-term growth in the face the back project was one of the main factors in its success because they of changes in the oil markets and prices, Along with the important role are highly qualified companies and qualified to carry out major projects. of using modern technologies in exploration and development projects Cavanna also pointed out that the use of modern technologies has to achieve ambitious aspirations and plans. contributed to the technical challenges of the back project, in particular Cavanna reviewed the recent successes of ENI and the oil sector in the the drilling of deep water at a depth of 1500 meters, with the risks development and production of gas from the discoveries made by ENE and difficulties of dealing with the existing formations and reservoirs. in its Mediterranean concession areas. He pointed out that the project For advanced drilling systems with the highest degree of operational of the Nores gas field in the Nile Delta in the Mediterranean has been performance and safety factors, stressing its commitment during the a milestone since the discovery in July 2015 and the implementation of project to implement sustainability standards and programs of safety and ambitious plans to achieve a steady increase in the production of gas security and environmental protection, pointing to its commitment to its from this field, up to currently about 1.2 billion cubic feet of gas per day. social responsibility towards the community The projects of community MARINE WORKS Cavannaconfirmed that the gas field will increase production with the development for community service surrounding the project have been start of the first and second lines of the treatment plant in April and May raised with contributions of 20 million dollars over four years, pointing that in this context, sulfur will be re-exploited during production and WE DO from IT THE RIGHT WAY next, adding that it is planned to double production gradually the out economic exploitation of the proceeds of its exploitation in community field back this year to peak production next year, adding that this is development projects for the benefit of the local community. an extension of Achieve achievements in the field over the past period +203 5714407 / 8 / 9 and start early production of gas at record times compared to similar He also reviewed the plans implemented to train cadres in the project +203 5714406 VISIT US projects regionally and AT globally. to raise their efficiency in line with the development and modernization info@inw.com.eg STAND A5 of Petroleum. He pointed out that the The success of the Dahar field project was based on a strong commitment project launched by the Ministry www.inw.com.eg from the Egyptian government and Italy›s ENI to intensify activities and Italian company Eni has been operating since the early fifties in Egypt

D iv ing

Ma r i n e

ROV

Rope Access

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MOC 2018 GENERAL AGENDA

IOCS VISION IN EGYPT:

OPTIMISTIC REVIEWS TOWARDS THE FUTURE Wednesday April 18 , 2018 th

Sami Eskandar Executive Vice President, Shell Egyptemphasized the 08:00of- Egypt 08:30 among other countries.

Coffee and Tea is forging its strategic position «Egypt future. Egypt is a country in motion.» He said. Then, he moved to discuss 08:00 - 16:00 Registration the challenges.

Firstly, he mentioned the Onsite challenge of the uncertainty of the price and what we can do together. He also discussed the energy transition and our role to help Egypt go forward. After that, he stated that the success in Egypt stands for the Egyptian government. Recently, Egypt has addressed the subsidiaries and the exchange rate. Egypt has undertaken the economic reform, Eskander added.

Special Session

- H.E. The Minister of Petroleum & Mineral Resources Eng. Tarek El Molla - BP – Eng. Hesham Mekawi, Regional President North Africa - Schlumberger – Eng. Hussein Fouad El Ghazzawy, Vice President & General Manager – Egypt & East Mediterranean - BHGE – Eng. Ayman Khattab, Vice President south Gulf & East Africa

The ministry09:00 succeeds to build a very robust energy sector. The - 10:00 (Egypt as an Energy Hub) modernization program is here to develop the youth and capabilities.

Then, he addressed the audience encouraging them to contribute to the modernization program. Secondly, he praised the new gas law and liberalization process and its effect to attract more investments. Then, he discussed Egypt as an energy hub. Eskander also declared about phase Sami Eskandar 9B in the west Nile delta and how this project will be unique. Eskander - Gas Regulatory - Eng. Karem Mahmoud hereby announced that Shell is back to explore in the offshore areas in - IPR - Dr. M. Dabbous Special Egypt. Moreover, he added that Shell also has aSession social responsibility – 11:30 (The Future ofinitiative Gas Market in Egypt) at - Wood Machenzy - Stephen Fullerton towards the 10:15 community.

Eskander mentioned Entlaqa to help Great Hall - Wood Machenzy - Bas Percival the small and medium enterprises flourish and grow up. This initiative - Petronas – Eng. Abu Fitri Abdul Jalil impacted over 8000 Egyptians and developed 750 enterprises.

He also introduced fir for the future program to help the company Technical Sessions move forward and remove 08:30 - 10:30 the barriers. Eskander stated a unique and Digital Posters remarkable statement about the renewable energy business in Egypt saying that Egypt is the first country in the world to experiment on the 10:30 - 10:55 Coffee Break renewable energy. He continued saying that in 1912, Egypt dealt the first thermal solar plants.

Technical Sessions

11:00 - 12:30 The Italian oil industry has witnessed unique achievements over the Digital Posters

past year, stressing the availability of success factors for petroleum investments 12:30 in Egypt, in particular theLunch continuous support of the - 13:55 (By Invitations) Egyptian government for all investments in the Egyptian oil industry, said Technical Sessions Fabio Cavanna, general manager of IEOC. This field, as well as the full 14:00 - 15:30 coordination between them and foreign companies operating in Egypt, Digital Posters which helps in strengthening efforts to reach more successes and laying the foundations for achieving stable long-term growth in the face 15:30 - 15:55 Coffee Break of changes in the oil markets and prices, Along with the important role Technical Sessions of using modern technologies 16:00 - 17:30 in exploration and development projects to achieve ambitious aspirations and plans.

Digital Posters

Hall (A-B-C-D-E) Partitions (1 - 6)

Hall (A-B-C-D-E) Partitions (1 - 6) Fabio Cavanna

Hall (A-B-C-D-E)

Partitions (1 - 6)

complete work on the project at an unprecedented pace. Participated in the back project was one of the main factors in its success because they are highly qualified companies and qualified to carry out major projects.

Hall (A-B-C-D-E)

Cavanna also pointed out that the use of modern technologies has Partitions (1 - 6) contributed to the technical challenges of the back project, in particular Cavanna reviewed the recent successes of ENI and the oil sector in the the drilling of deep water at a depth of 1500 meters, with the risks Thursday April 19th, 2018 development and production of gas from the discoveries made by ENE and difficulties of dealing with the existing formations and reservoirs. in its Mediterranean areas. He pointed 08:00 - concession 08:30 Coffee andout Teathat the project For advanced drilling systems with the highest degree of operational of the Nores gas field in the Nile Delta in the Mediterranean has been performance and safety factors, stressing its commitment during the a milestone since the discovery in July 2015 and the implementation of project toHall Technical Sessions (A-B-C-D) implement sustainability standards and programs of safety and 08:30 10:30 a steady increase in the production of gas security and environmental protection, pointing to its commitment to its ambitious plans to -achieve Digital Posters Partitions (1towards - 6) the community The projects of community from this field, up to currently about 1.2 billion cubic feet of gas per day. social responsibility Cavannaconfirmed the gas field willCoffee increase production with the development for community service surrounding the project have been 10:30 -that 10:55 Break start of the first and second lines of the treatment plant in April and May raised with contributions of 20 million dollars over four years, pointing this(A-B-C-D) context, sulfur will be re-exploited during production and Hall next, adding that it is planned to double Technical productionSessions gradually from the out that in 11:00 - 12:30 economic exploitation of the proceeds of its exploitation in community field back this year to peak production Digital next year, adding that this is Posters Partitions (1 -for 6) the benefit of the local community. development projects an extension of Achieve achievements in the field over the past period and start early production of gas at record timesand compared similar He also reviewed the plans implemented to train cadres in the project 13:00 Closing AwardstoCeremony projects regionally and globally. to raise their efficiency in line with the development and modernization project launched by the Ministry of Petroleum. He pointed out that the The success of the Dahar field project was based on a strong 14:00 Exhibition Close commitment from the Egyptian government and Italy›s ENI to intensify activities and Italian company Eni has been operating since the early fifties in Egypt

16 14 18

MOC SHOW DAILY

www.moc-egypt.com

DAY TWO

NEWS

Official Publication

Petroleum Today MEDIA

IOCS VISION IN EGYPT:

TALKING TO SAHARA INTEGRATED OPTIMISTIC REVIEWS TOWARDS THE FUTURE DURING THE EXHIBITION

Sami Eskandar Executive Vice President, Shell Egyptemphasized the strategic position of Egypt among other countries. «Egypt is forging its Firstly, we would like to know about you. future. Egypt is a country in motion.» He said. Then, he moved to discuss the challenges. he mentioned challenge of the uncertainty of Islam Kortam, Firstly, Vice chairman and the CEO in the price for andProjects what weand canInvestments do together.Co. He also discussed the energy SAHARA transition andtoour role Sahara to helpasEgypt goand forward.

After that, he stated We are eager explore a group its Egypt stands that the success contribution to theinEgyptian market.for the Egyptian government. Recently, Egypt has addressed the subsidiaries and the exchange rate. Egypt has We are in Egypt from early 1980s. We have undertaken the economic reform, Eskander added.

Sahara Oil and Gas and its president, Eng. Ali The ministry to for build a very robust energy sector. The Mira.

We have succeeds also a branch services called modernization herefirst to companies develop the youth and capabilities.

SAPESCO. Weprogram are fromisthe Then, started he addressed audience encouraging which in Egyptthe and went abroad.

That them to contribute to thesomething modernization program. he praised the new gas law and is we are all proudSecondly, of. liberalization process and its effect to attract more investments. Then, he Sahara Petroleum Services Company S.A.E discussed Egypt an energy hub. Eskander also declared about phase «SAPESCO» is aasregional leader with more Sami Eskandar 9B inthirty the west delta and how this project than yearsNile of experience in providing the will be unique. Eskander hereby announced back of to oilfield explore in the offshore areas in oil and gas industry that with Shell a wideisrange Egypt. Moreover, he added that Shell also has a social responsibility services using state-of-the-art techniques towards the community.

Eskander mentioned and proven technologies.

SAPESCO is an Entlaqa initiative to help the small and mediummulti-discipline enterprises flourish and grow up. This initiative indigenous Egyptian oil field impacted over 8000 Egyptians developed solutions provider operating and under global 750 enterprises. standards while continuously raising the He also introduced fir for the future program to help the company benchmark of customer satisfaction. move forward and remove the barriers. Eskander stated a unique and remarkable statement about the renewable energy business in Egypt What are the main spotlights in each subsidiary? them Egypt. We cooperate now years. This event is scheduled each two years saying that Egypt is the first country in the worldtotorepresent experiment on in the withEgypt a Chinese company to represent it in the either in Alex or Ravenna. That huge event renewable energy.

He continued that in 1912, dealt the first For example, SAPESCO is saying the industry thermal solar plants. dominant service provider. We work with nearly market enlarging the scope of the business gathers the high profile figures in the industry all the EGPC companies. We are recognized and enriching the market with a variety of and helps them connect together and share The Italian oil industry has witnessed unique achievements over the knowledge. Egypt is so unique place for as one of the highest market share s in coiled options. past year, stressing the availability of success factors for petroleum investment and MOC is a great opportunity tubing service. Concerning Sahara Oil and investments in Egypt, in particular the continuous support of the Gas which is a production arm, we have Moving to you Eng. Ali, how do you oversee MOC,18? to attract the investors and showcase Egypt›s Fabio Cavanna Egyptian government for all investments in the Egyptian oil industry, said potential. We also showcase our capabilities renewed the two concessions agreement Fabio Cavanna, general manager of IEOC. This field, as well as the full That is a definitely great event.

I have been from the technology and human resources either in Zaafrana or North Baharia. We also coordination between them and foreign companies operating in Egypt, have some partnerships with other companies in the oil and gas business for more than 42 perspective. So, we can position ourselves in which helps in strengthening efforts to reach more successes and complete work on the project at an unprecedented pace. Participated in the minds of the international investors. That laying the foundations for achieving stable long-term growth in the face the back project was one of the main factors in its success because they event is totally beneficial and represents a winof changes in the oil markets and prices, Along with the important role are highly qualified companies and qualified to carry out major projects. win case for the entire sector. of using modern technologies in exploration and development projects Cavanna also pointed out that the use of modern technologies has to achieve ambitious aspirations and plans. contributed to the technical challenges of the back project,decade in particular What is your vision for the upcoming in the Cavanna reviewed the recent successes of ENI and the oil sector in the the drilling of deep water at a depth of 1500 meters, with the risks Egyptian petroleum sector? development and production of gas from the discoveries made by ENE and difficulties of dealing with the existing formations and reservoirs.

After the great discoveries in the Mediterranean, in its Mediterranean concession areas. He pointed out that the project For advanced drilling systems with the highest degree of operational acquired unique opportunities to have of the Nores gas field in the Nile Delta in the Mediterranean has been performance and safetyEgypt factors, stressing its commitment during the unprecedented investment deals. We are all a milestone since the discovery in July 2015 and the implementation of project to implement sustainability standards and programs of safety and working on transforming Egypt into an energy ambitious plans to achieve a steady increase in the production of gas security and environmental protection, pointing to its commitment to its hub. We deserve to be an energy hub. We from this field, up to currently about 1.2 billion cubic feet of gas per day. social responsibility towards the community The projects of community haveservice all the surrounding requirements the inputs.

We development for community theand project have been Cavannaconfirmed that the gas field will increase production with the have a lot of facilitations services, logistics, of 20 million dollars over four years, pointing start of the first and second lines of the treatment plant in April and May raised with contributionseconomic cost and highlyproduction qualified man will belabor re-exploited during and next, adding that it is planned to double production gradually from the out that in this context, sulfur power.

We can build pipelines across the economic exploitation of the proceeds of its exploitation in community field back this year to peak production next year, adding that this is region to transport the gas.

In addition, we the benefit of the local community. an extension of Achieve achievements in the field over the past period development projects forcan use the LNG plants to liquidate the natural and start early production of gas at record times compared to similar He also reviewed the plans cadres in theGas, project gas implemented and export it.toIntrain Sahara Oil and we projects regionally and globally. to raise their efficiency inare lineall with the development and modernization optimistic and ambitious about the Ministryespecially of Petroleum. that the with He the pointed ministryout facilitation The success of the Dahar field project was based on a strong commitment project launched by the future, been operating since the earlyvision. fifties in Egypt and their promising from the Egyptian government and Italy›s ENI to intensify activities and Italian company Eni hasprocesses

www.moc-egypt.com 418 MOC SHOW DAILY

MOC SHOW DAILY www.moc-egypt.com 17

DAY TWO

Official Publication

Petroleum Today MEDIA

NEWS

IOCS VISION IN EGYPT:

OPTIMISTIC REVIEWS TOWARDS THE FUTURE

VENUE MAP

Sami Eskandar Executive Vice President, Shell Egyptemphasized the strategic position of Egypt among other countries. ÂŤEgypt is forging its future. Egypt is a country in motion.Âť He said. Then, he moved to discuss the challenges. Firstly, he mentioned the challenge of the uncertainty of the price and what we can do together. He also discussed the energy transition and our role to help Egypt go forward. After that, he stated that the success in Egypt stands for the Egyptian government. Recently, Egypt has addressed the subsidiaries and the exchange rate. Egypt has undertaken the economic reform, Eskander added.

The ministry succeeds to build a very robust energy sector. The modernization program is here to develop the youth and capabilities.

Then, he addressed the audience encouraging them to contribute to the modernization program. Secondly, he praised the new gas law and liberalization process and its effect to attract more investments. Then, he discussed Egypt as an energy hub. Eskander also declared about phase 9B in the west Nile delta and how this project will be unique. Eskander hereby announced that Shell is back to explore in the offshore areas in Egypt. Moreover, he added that Shell also has a social responsibility towards the community. Eskander mentioned Entlaqa initiative to help the small and medium enterprises flourish and grow up. This initiative impacted over 8000 Egyptians and developed 750 enterprises.

Sami Eskandar

He also introduced fir for the future program to help the company move forward and remove the barriers. Eskander stated a unique and remarkable statement about the renewable energy business in Egypt saying that Egypt is the first country in the world to experiment on the renewable energy. He continued saying that in 1912, Egypt dealt the first thermal solar plants.

The Italian oil industry has witnessed unique achievements over the past year, stressing the availability of success factors for petroleum investments in Egypt, in particular the continuous support of the Egyptian government for all investments in the Egyptian oil industry, said Fabio Cavanna, general manager of IEOC. This field, as well as the full coordination between them and foreign companies operating in Egypt, which helps in strengthening efforts to reach more successes and laying the foundations for achieving stable long-term growth in the face of changes in the oil markets and prices, Along with the important role of using modern technologies in exploration and development projects to achieve ambitious aspirations and plans.

Cavanna reviewed the recent successes of ENI and the oil sector in the development and production of gas from the discoveries made by ENE in its Mediterranean concession areas. He pointed out that the project of the Nores gas field in the Nile Delta in the Mediterranean has been a milestone since the discovery in July 2015 and the implementation of ambitious plans to achieve a steady increase in the production of gas from this field, up to currently about 1.2 billion cubic feet of gas per day.

Cavannaconfirmed that the gas field will increase production with the start of the first and second lines of the treatment plant in April and May next, adding that it is planned to double production gradually from the field back this year to peak production next year, adding that this is an extension of Achieve achievements in the field over the past period and start early production of gas at record times compared to similar projects regionally and globally.

The success of the Dahar field project was based on a strong commitment from the Egyptian government and Italy›s ENI to intensify activities and

12 18

MOC SHOW DAILY

Fabio Cavanna

complete work on the project at an unprecedented pace. Participated in the back project was one of the main factors in its success because they are highly qualified companies and qualified to carry out major projects.

Cavanna also pointed out that the use of modern technologies has contributed to the technical challenges of the back project, in particular the drilling of deep water at a depth of 1500 meters, with the risks and difficulties of dealing with the existing formations and reservoirs.

For advanced drilling systems with the highest degree of operational performance and safety factors, stressing its commitment during the project to implement sustainability standards and programs of safety and security and environmental protection, pointing to its commitment to its social responsibility towards the community The projects of community development for community service surrounding the project have been raised with contributions of 20 million dollars over four years, pointing out that in this context, sulfur will be re-exploited during production and economic exploitation of the proceeds of its exploitation in community development projects for the benefit of the local community.

He also reviewed the plans implemented to train cadres in the project to raise their efficiency in line with the development and modernization project launched by the Ministry of Petroleum. He pointed out that the Italian company Eni has been operating since the early fifties in Egypt

www.moc-egypt.com

DAY TWO

Official Publication

Petroleum Today MEDIA

NEWS

IOCS VISION IN EGYPT:

OPTIMISTIC REVIEWS TOWARDS THE FUTURE

SUPPORTED BY EGYPTIAN MINISTRY OF PETROLEUM AND MINERAL RESOURCES

Sami Eskandar Executive Vice President, Shell Egyptemphasized the strategic position of Egypt among other countries. «Egypt is forging its future. Egypt is a country in motion.» He said. Then, he moved to discuss Egyptian General The Egyptian the challenges. Firstly, he mentioned the challenge of the uncertainty of Natural Gas Petroleum Corporation Holding Company the price and what we can do together. He also discussed the energy transition and our role to help Egypt go forward. After that, he stated that the success in Egypt stands for the Egyptian government. Recently, Egypt has addressed the subsidiaries and the exchange rate. Egypt has undertaken the economic reform, Eskander added.

The ministry succeeds to build a very robust energy sector. The modernization program is here to develop the youth and capabilities.

Then, he addressed the audience encouraging them to contribute to the modernization program. Secondly, he praised the new gas law and liberalization process and its effect to attract more investments. Then, he discussed Egypt as an energy hub. Eskander also declared about phase 9B in the west Nile delta and how this project will be unique. Eskander hereby announced that Shell is back to explore in the offshore areas in Egypt. Moreover, he added that Shell also has a social responsibility towards the community. Eskander mentioned Entlaqa initiative to help the small and medium enterprises flourish and grow up. This initiative impacted over 8000 Egyptians and developed 750 enterprises.

Ganop El Wadi Petroleum Holding Company

Egyptian Holding company for Petrochemicals

Sami Eskandar

He also introduced fir for the future program to help the company move forward and remove the barriers. Eskander stated a unique and remarkable statement about the renewable energy business in Egypt saying that Egypt is the first country in the world to experiment on the renewable energy. He continued saying that in 1912, Egypt dealt the first thermal solar plants.

The Italian oil industry has witnessed unique achievements over the past year, stressing the availability of success factors for petroleum investments in Egypt, in particular the continuous support of the Egyptian government for all investments in the Egyptian oil industry, said Fabio Cavanna, general manager of IEOC. This field, as well as the full coordination between them and foreign companies operating in Egypt, which helps in strengthening efforts to reach more successes and laying the foundations for achieving stable long-term growth in the face of changes in the oil markets and prices, Along with the important role of using modern technologies in exploration and development projects to achieve ambitious aspirations and plans.

Cavanna reviewed the recent successes of ENI and the oil sector in the development and production of gas from the discoveries made by ENE in its Mediterranean concession areas. He pointed out that the project of the Nores gas field in the Nile Delta in the Mediterranean has been a milestone since the discovery in July 2015 and the implementation of ambitious plans to achieve a steady increase in the production of gas from this field, up to currently about 1.2 billion cubic feet of gas per day.

Cavannaconfirmed that the gas field will increase production with the start of the first and second lines of the treatment plant in April and May next, adding that it is planned to double production gradually from the field back this year to peak production next year, adding that this is an extension of Achieve achievements in the field over the past period and start early production of gas at record times compared to similar projects regionally and globally.

The success of the Dahar field project was based on a strong commitment from the Egyptian government and Italy›s ENI to intensify activities and

www.moc-egypt.com 18 MOC SHOW DAILY

Fabio Cavanna

complete work on the project at an unprecedented pace. Participated in the back project was one of the main factors in its success because they are highly qualified companies and qualified to carry out major projects.

Cavanna also pointed out that the use of modern technologies has contributed to the technical challenges of the back project, in particular the drilling of deep water at a depth of 1500 meters, with the risks and difficulties of dealing with the existing formations and reservoirs.

For advanced drilling systems with the highest degree of operational performance and safety factors, stressing its commitment during the Visitor & Exhibitor Restaurant project to implement sustainability standards and programs of safety and security and environmental protection, pointing to its commitment to its social responsibility towards the community The projects of community development for community service surrounding the project have been raised with contributions of 20 million dollars over four years, pointing out that in this context, sulfur will be re-exploited during production and economic exploitation of the proceeds of its exploitation in community development projects for the benefit of the local community.

He also reviewed the plans implemented to train cadres in the project to raise their efficiency in line with the development and modernization project launched by the Ministry of Petroleum. He pointed out that the Italian company Eni has been operating since the early fifties in Egypt MOC SHOW DAILY www.moc-egypt.com 19 13

DAY TWO

Official Publication

Petroleum Today MEDIA

NEWS

IOCS VISION IN EGYPT:

OPTIMISTIC REVIEWS TOWARDS THE FUTURE Sami Eskandar Executive Vice President, Shell Egyptemphasized the strategic position of Egypt among other countries. ÂŤEgypt is forging its future. Egypt is a country in motion.Âť He said. Then, he moved to discuss the challenges. Firstly, he mentioned the challenge of the uncertainty of the price and what we can do together. He also discussed the energy transition and our role to help Egypt go forward. After that, he stated that the success in Egypt stands for the Egyptian government. Recently, Egypt has addressed the subsidiaries and the exchange rate. Egypt has undertaken the economic reform, Eskander added.

The ministry succeeds to build a very robust energy sector. The modernization program is here to develop the youth and capabilities.

Then, he addressed the audience encouraging them to contribute to the modernization program. Secondly, he praised the new gas law and liberalization process and its effect to attract more investments. Then, he discussed Egypt as an energy hub. Eskander also declared about phase 9B in the west Nile delta and how this project will be unique. Eskander hereby announced that Shell is back to explore in the offshore areas in Egypt. Moreover, he added that Shell also has a social responsibility towards the community. Eskander mentioned Entlaqa initiative to help the small and medium enterprises flourish and grow up. This initiative impacted over 8000 Egyptians and developed 750 enterprises.

Sami Eskandar

He also introduced fir for the future program to help the company move forward and remove the barriers. Eskander stated a unique and remarkable statement about the renewable energy business in Egypt saying that Egypt is the first country in the world to experiment on the renewable energy. He continued saying that in 1912, Egypt dealt the first thermal solar plants.

The Italian oil industry has witnessed unique achievements over the past year, stressing the availability of success factors for petroleum investments in Egypt, in particular the continuous support of the Egyptian government for all investments in the Egyptian oil industry, said Fabio Cavanna, general manager of IEOC. This field, as well as the full coordination between them and foreign companies operating in Egypt, which helps in strengthening efforts to reach more successes and laying the foundations for achieving stable long-term growth in the face of changes in the oil markets and prices, Along with the important role of using modern technologies in exploration and development projects to achieve ambitious aspirations and plans.

Cavanna reviewed the recent successes of ENI and the oil sector in the development and production of gas from the discoveries made by ENE in its Mediterranean concession areas. He pointed out that the project of the Nores gas field in the Nile Delta in the Mediterranean has been a milestone since the discovery in July 2015 and the implementation of ambitious plans to achieve a steady increase in the production of gas from this field, up to currently about 1.2 billion cubic feet of gas per day.

Cavannaconfirmed that the gas field will increase production with the start of the first and second lines of the treatment plant in April and May next, adding that it is planned to double production gradually from the field back this year to peak production next year, adding that this is an extension of Achieve achievements in the field over the past period and start early production of gas at record times compared to similar projects regionally and globally.

The success of the Dahar field project was based on a strong commitment from the Egyptian government and Italy›s ENI to intensify activities and

20 18

MOC SHOW DAILY

Fabio Cavanna

complete work on the project at an unprecedented pace. Participated in the back project was one of the main factors in its success because they are highly qualified companies and qualified to carry out major projects.

Cavanna also pointed out that the use of modern technologies has contributed to the technical challenges of the back project, in particular the drilling of deep water at a depth of 1500 meters, with the risks and difficulties of dealing with the existing formations and reservoirs.

For advanced drilling systems with the highest degree of operational performance and safety factors, stressing its commitment during the project to implement sustainability standards and programs of safety and security and environmental protection, pointing to its commitment to its social responsibility towards the community The projects of community development for community service surrounding the project have been raised with contributions of 20 million dollars over four years, pointing out that in this context, sulfur will be re-exploited during production and economic exploitation of the proceeds of its exploitation in community development projects for the benefit of the local community.

He also reviewed the plans implemented to train cadres in the project to raise their efficiency in line with the development and modernization project launched by the Ministry of Petroleum. He pointed out that the Italian company Eni has been operating since the early fifties in Egypt

www.moc-egypt.com