The Egyptian Ministry of Petroleum and Schlumberger have launched a national project for the digitalization of Egypt’s subsurface data, the Ministry and Schlumberger announced this week.
The Egypt Upstream Gateway provides digital access to the country's subsurface data using over 100 years' worth of accumulated national onshore and offshore seismic, non-seismic, well-log, production, and additional subsurface data under a single platform.
This data, which will empower de-risked decisions through the ability to explore multiple basins and evergreen data, can be accessed virtually from anywhere using the platform’s online portal.
Egypt Upstream Gateway is expected to unlock the potential of Egypt's petroleum sector and also aims to promote the country's exploration and production potential worldwide, according to Egyptian Petroleum and Mineral Resources Minister Tarek El-Molla.
The Egypt Upstream Gateway will also host the country’s upcoming bid round, highlighting lease availability information to national and international investors worldwide.
'With the launch of this industry-first platform, the Egyptian Ministry of Petroleum and its affiliates—EGPC [Egyptian General Petroleum Corporation], EGAS [Egyptian Natural Gas Holding Company], GANOPE [Ganoub El Wadi Petroleum Holding Company]—can digitally showcase national assets to investors worldwide, in addition to leveraging the latest digital technology and solutions to accelerate discovery throughout the country,” said Rajeev Sonthalia, president of Schlumberger.
By Sibel Morrow