Egyps2018 day2

Official Publication

SHOW DAILY DAY TWO

Tuesday 13 February

EGYPS OPENING CEREMONY WELCOME TO EGYPT’S GREAT MOMENTUM OF SUCCESS In line with Egypt’s commitment to modernise the oil and gas sector and become a strategic energy hub, Cairo launched the second edition of the Egypt Petroleum Show (EGYPS 2018) under the High Patronage of His Excellency Abdel Fattah El Sisi, President of the Arab Republic of Egypt, and support of the Ministry of Petroleum and Mineral Resources.

EGYPS’ Official Opening Ceremony, held on Monday 12 February at the Egypt International Exhibition Centre’s Al Manara Hall, highlighted the country’s keenness to promote a revolution of data and information, guarantee safety and security for all petroleum sector’s employees, empower female participation in the energy industry, and improve the skills of young professionals and future leaders.

The Opening Ceremony was attended by H.E. President Abdel Fattah El Sisi; Egypt’s Prime Minister, Sherif Ismail; Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla; the Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC), Mohammed Sanusi Barkindo, and a number of ministers, deputies, and executive leaders.

During the Opening Ceremony, OPEC’s Sanusi Barkindo delivered a speech in which he praised Egypt’s consistent presence in the oil and gas market. As the secretary general well reminded, when Egypt hosted the first Arab Petroleum Congress in April 1959, key visionary leaders from petroleum producing countries gathered secretly at the Cairo Yacht Club to discuss the foundations of a strong organisation of petroleum exporters, leading to OPEC’s establishment in 1960 – to which Egypt became an observer in 1984.

Sanusi Barkindo’s reminder illustrates Egypt’s position as an important driver of insights and a valuable player to unlock prospects and reach new achievements in the oil and gas sector. In this line, OPEC’s secretary general highlighted the strategic importance of EGYPS 2018 in bringing together petroleum experts from all over world, adding that the future of the industry relies on cooperation, with Egypt playing a significant role on the sector’s successful journey.

OPEC’s secretary general further thanked the Egyptian president for advancing the development and prosperity of Egypt, extending his gratitude to minister Tarek El Molla for attending the last OPEC meeting in Vienna last November.

IN ORDER TO CONTINUE LAST YEAR’S SUCCESS, THE MINISTER ANNOUNCED FIVE NEW INITIATIVES TO INCREASE THE EFFICIENCY OF PERFORMANCE IN OIL AND GAS ACTIVITIES AND ATTRACT INVESTMENTS IN 2018.

El Molla subsequently praised the president’s high patronage on EGYPS’ editions, stressing the support given by the political leadership to the oil and gas sector and its impact on the achievements recorded during the past four years. The minister further pointed out that the conference is witnessing great momentum and international presence due to the success of the first edition, noting EGYPS 2018’s significant expansion in size, attendees, panels and discussions compared to the previous year. El Molla added that EGYPS is one of the implementation elements of the Ministry of Petroleum's strategy to welcome international cooperation in Egypt’s journey towards becoming an energy hub.

In parallel with the government’s daring economic reforms, Egypt’s oil and gas sector has embarked in a new era of strategies to overcome chronic challenges that have been shadowing the industry, which resulted in unprecedented successes in 2017. Achievements included four major natural gas projects coming online - adding 1.6 billion cubic feet of gas per day, representing 40% of Egypt's production – such as the projects of the first phase of Northern Alexandria, experimental operations at Atoll, and production increase from Nooros. Additionally, the ministry launched a 2D seismic survey at the untested Red Sea waters, which was possible thanks to the demarcation of the maritime border with Saudi Arabia.

In order to continue last year’s success, the minister announced five new initiatives to increase the efficiency of performance in oil and gas activities and attract investments in 2018. The first initiative consists of cooperating with international companies engaged in marketing petroleum products, aiming to Continued in page 3

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DAY TWO

Official Publication

EGYPS OPENING CEREMONY

WELCOME TO EGYPT’S GREAT MOMENTUM OF SUCCESS Continued from page 1

improve the quality of fuel and offering a new gasoline product to cope with modern developments. The second initiative announced was an agreement to conduct seismic surveys in the Gulf of Suez, which still has great exploration and production (E&P) potential to attract foreigner investment and increase the country’s reserves.

The third initiative is the signing of a memorandum of understanding with a consortium of leading international companies to establish the Egyptian Gateway for Exploration and Production, a geological information centre to promote research in areas offered by the ministry. El Molla pointed out that the fourth initiative is related to improving the E&P efficiency of joint ventures and international companies operating in Egypt, aiming at lowering operations costs. Meanwhile, the fifth initiative consists of launching an electronic portal to enhance communication between workers, serving as a reliable source of information, allowing the exchange of experiences and ideas, and enriching the spirit of teamwork within the sector.

Ell Molla added that the projects of developing refineries, transmission lines, and distribution of petroleum products and infrastructure from storage depots and ports have been carried out in the framework the Modernisation Program,

in addition to issuing the Gas Market Regulation Law in August 2017. The minister further reiterated the commitment of the State to pay the dues of foreign partners and create an attractive working environment for investment.

“The Minister's speech is highly reassuring as he stated the previous successes achieved in EGYPS 2017. It gives confidence to the investors to reassure them that the general management of the country is behind all the agreements and their commitments," Mahmoud Shawkat, Director Sales and Marketing North Africa at Baker Hughes, disclosed on the sidelines of the Opening Ceremony.

“All the firms came [to EGYPS] wanting to operate in Egypt, and I think the announcement of these successful stories were the biggest encouragement showing healthy investment climate in the country,” Abed Ezz el Regal, Head of the Egyptian General Petroleum Corporation, added.

The Opening Ceremony was concluded with H.E. President Abdel Fattah El Sisi’s tour at EGYPS’ Exhibition Halls. EGYPS 2018 counts with over 500 exhibiting companies and 12 country pavilions, giving visitors the opportunity to learn from different companies worldwide and expand business prospects. The conclusion of the Opening Ceremony set the official start of EGYPS’ Strategic and Technical Conferences, welcoming over 15,000 visitors to its mindset-rich halls.

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FRUITFUL LAND FOR PRIVATE INVESTMENT AN INTERVIEW WITH

PLATINUM SPONSOR

ALI RASHID AL JARWAN, DRAGON OIL’S CEO The private sector represents a solid ground in Egypt’s economic path. Given its remarkable presence, the oil and gas industry has built key partnerships for private investment and has invited prominent international oil companies (IOCs) to build the foundations of its prosperous energy market. The welcoming environment recently encouraged the privately held and wholly owned subsidiary of Emirates National Oil Company (ENOC), Dragon Oil, to bet its cards in the Egyptian resources.

Dragon Oil has successful exploration and production (E&P) operations in Africa and Asia. The company operates in Turkmenistan, Iraq, Algeria, Tunisia and Egypt, both in the oil and gas sectors. Egypt Oil & Gas sat with Ali Rashid Al Jarwan, the company’s CEO, and discussed Dragon Oil’s operations and aspirations for exploration, development, and production in the Egyptian oil and gas domains.

Current Operations The interview began with a brief overview of the company’s activities and expectations in Egypt.

Dragon Oil fully owns the East Zeit Bay offshore concession, located southern the Gulf of Suez.

The concession covers an area of 93 square kilometers and lies in shallow waters ranging in depth from 10 to 40 meters. “We are in the process of starting high resolution 2D seismic and our commitment is to drill two wells,” Al Jarwan disclosed. “We still have to explore, and although we do not expect a major discovery, we hope that we come out with a discovery good enough for us to expand,” he added.

Expansion Goals When asked about what attracts Dragon Oil to Egypt, Al Jarwan affirmed that the company sees the country as prospective for the future of oil and gas. “Egypt is really diversified in terms of natural resources, and we would like to stay. We need the government’s guidance and we look at being a good partner, assessing technicalities, geology, and prospects, in order to build something that contributes to the economy of Egypt.”

East Zeit Bay is the company’s initial entry in the Egyptian market and Dragon Oil looks forward to be involved in future rounds of bidding. “Onshore, we are interested in the Western Desert; so we will be involved in the new offers of the government in the area,” he disclosed.

In order to strengthen the company’s operations in Egypt, Al Jarwan highlighted the government’s role in facilitating the private participation in the oil and gas sector. “Previously, our challenge [in Egypt] consisted of mobilizing resources, as well as some approvals that took a long time.

However, we appreciate the government’s

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aspiration to do things quickly and with less routine, which helps us. It is a combination of our efforts and the government’s.”

Market Advantages Moving on, Egypt Oil & Gas asked about the advantages Dragon Oil brings to overcome the highly competitive market. “Now we are going through a transformation to improve our capabilities, so we have world-class expertise, exploration, reservoir development, drilling, and project management,” the CEO answered. He further explained that Dragon Oil has become a cost-effective company, which, as a commercial enterprise, looks at increasing its profit making.

“Since we were established on commercial bases, profitability is a key factor and driver for us. Our company’s character relies on agility, so we go fast to our target with an integrated team.

We develop good understanding of the prospect and we manage any challenges we have.”

Additionally, the company adopted an Enterprise Risk Management (ERM) framework in 2012 and developed a methodology to reduce and mitigate potential business risks in the execution of the company’s strategies. “We have a good risk management developed for each region. Our business risk factors could be technical, where we mobilize our best resources to analyze the problem, or they could be economical. In this case, we manage the economic uncertainty and cost management through innovation,” he explained.

Dragon Oil’s is a global and innovative company, which is achieved through a diversified team with an international workforce, Al Jarwan pointed out. “It creates a good environment for managing and for challenges. We believe innovation is key to manage challenges, including adequate cost

management, always making sure we maintain the profitability.” When it comes to innovation, Dragon Oil’s Head believes Egypt is a fruitful land. “We are happy to see the professional strength of the Egyptian people. There is a lot of great minds in technology,” he stated.

Private Sector Participation When asked about how the private sector can contribute to the petroleum industry in Egypt, Al Jarwan stressed that “eventually, the private sector will bring sustainable impacts to the flourishing economy.” According to him, the Egyptian government has showed encouragement and cooperation with private companies and consistent measures to encourage new partnerships. “Everything starts with collaboration, and we believe that Egypt has the right environment and encouragement to the private sector right now. I believe there is a lot of potential for contributions and economic impact by opening up to private companies like Dragon Oil.” In closing, Al Jarwan reaffirmed the company’s commitment to its E&P operations in Egypt.

“We aim to improve quality and use innovative technologies to open up and unlock potential for oil production. What we hear from the government is that they are promoting and engaging more serious companies, as Dragon Oil. We are ambitious to explore, produce, make business, and contribute to the Egyptian economy.”

Egypt is really diversified in terms of natural resources, and we would like to stay.

We need the government’s guidance and we look at being a good partner, assessing technicalities, geology, and prospects, in order to build something that contributes to the economy of Egypt.

DAY TWO

Official Publication

HALLIBURTON TACKL TECHNOLOGIES AND

COLLABORATION DRIVE OFFSHORE SUCCESS

Deepwater exploration and development presents some of the industry’s biggest challenges—and greatest potential rewards. The logistics of producing hydrocarbons from extreme water depths, complex geological formations and HP/HT environments require specialized knowledge and technology to safely and economically develop these assets. As the environment demands huge investments in capital and long-term commitment through cycles, Halliburton is focused on reducing uncertainty and increasing reliability in these challenging reservoirs.

With an extensive track record in offshore plays throughout the Middle East and North Africa, and in basins around the world, Halliburtoncollaborates with customers to engineer solutions that maximize their asset value and deliver increased production at lower costs-per-foot.

Reducing uncertainty and increasing reliability offshore requires a comprehensive approach including applying advanced reservoir analysis to fully investigate a prospect’s source, risk mitigation and contingency planning, new technologies to save

expensive rig time, data management software to process real-time downhole information and experts with local knowledge of the environment.

Advanced completions are an important technology helping operators reliably produce reservoirs at the lowest possible overall cost. As the service industry moves toward greater efficiency and tighter collaboration with E&P companies, Halliburton’s advanced completions platform leverages core completion strengths to drive a step change in efficiency for our customers.

Several capabilities within multilateral technology, sand control and intelligent completions help operators maximize well performance to lower their cost per barrel.Through reservoir insight we provide the level of understanding to develop the optimum completion design to reliably meet expectations.

Halliburton developed the SmartPlex® downhole control system to address a market need for multizone completions to improve reservoir performance and reduce operator costs related to installation and control of the multi-zone solution. The system

remotely activates downhole control devices using electro-hydraulic control lines from surface and the multi-drop system provides simple and reliable zonal control of up to 12 interval control valves in a single wellbore, with a minimum number of the control lines.It also offers the ability to selectively open and close different sets of valves, reducing uncertainty and increasing reliability.

Operators can also benefit from increased well exposure to optimize their completion activities.

Halliburton’s FlexRite® Multibranch Inflow Control (MIC) System helps provide significant additional per well exposure which reduces development costs saving valuable rig time and improving overall field economics. This reduction in infrastructure is particularly important in sensitive developments calling for a small environmental footprint. An operator recently installed eight FlexRite multilateral systems in an offshore field which delivered 16 lateral production wellbores. As a result, the operator reduced their well count by half and placed the reservoir on-line with much lower capital expenditures.

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THE IMPORTANCE OF STRATEGIC PARTNERSHIPS IN TRANSFORMING THE GLOBAL ENERGY LANDSCAPE EGYPS 2018 offers its attendees two days of high-level Strategic Conference, enabling petroleum industry’s global business leaders to actively discuss the successful development and growth of the industry, promote strategic partnerships, investment opportunities and enhance industry collaboration in the region and globally. The first day of the conference witnessed a series of strategic sessions, tailored towards new paths to strengthen strategic integration between different stakeholders.

Global Energy Outlook Robert Gardner, Manager of the Economics & Energy Division and the Corporate Strategic Planning Department for ExxonMobil, spoke in the first session of the Strategic Conference, entitled “Global Energy Outlook and Transition: Revising Energy Fundamentals, Adjusting Projections, Analysing New Trends and Identifying Global Shifts.” He detailed ExxonMobil’s recently released Outlook for Energy report.

The report was optimistic about the future of the oil and gas industry, highlighting the unprecedented growth of the middle-class as an underpinning factor of the positive projections. “With more free time and disposable income, the middle-class continue to provide demand through their ever growing need for transportation - notably international air transportation - and growing consumption,” Gardner stated.

The report predicted that the current changes being made in environmental policy will see CO2 emissions peak in 2040 and begin to decline thereafter. Gardner attributed this prediction to a number of factors, namely the increase in demand for natural gas over oil in all sectors, as natural gas has a lower carbon output. He also cited that improvements being made in transportation design, the increasing lightness of vehicles with the use of sturdy plastics, and engine efficiency improvements being made through hybridisation technology all contribute to the report’s predications for emission levels.

Strategic Session - Ministerial Panel

In response to a question about the challenge electrical cars pose to the industry, Gardner said that by 2040, 150-200 million electric cars will be in use, which will be a commendable in terms of energy efficiency. However, despite their increase in use, electric cars will not hinder the oil and gas industries, as the electricity used by the cars will need to be generated. He added that, by 2040, only 25% of oil and gas production will go towards transportation, and the remaining 75% will be utilised in other industries.

Gardner stated that “by 2040, oil demand will have increased by 20% to reach between 115 and 120 million barrels per day (current demand levels are around 100 million barrels per day) … half this increase will be from the transportation industry and the other half from chemicals industries.”

Finally, Gardner said that the world’s dependence on energy does not seem to be wavering; therefore, oil and gas will continue to play an important role in the energy industry, consequently continuing the investment needed to maintain levels of production.

He further noted that natural gas has the highest growth rate out of fossil fuels. However, non-fossil fuels are the fastest growing of all fuel sources. He stated that, by 2040, wind and solar power will make up 20% of global electricity production. Despite this, Gardner affirmed that the roles of oil and gas will remain vital to the industry.

The second session, entitled “Ministerial Panel: Inspiring, Leading and Creating Opportunities that will Transform the Global Energy Landscape,” included a discussion between four African ministries of petroleum and energy. The session addressed matters of supporting global progress to create collaboration and partnerships that help drive forward the global energy industry, foster progress, create new policies, and provide encouragement.

Developing international frameworks to create growth, sustainable development and opportunity to help overcome country specific and industry challenges was also one the main discussion points.

In addition, the session tackled implementing, structuring, and integrating visionary global initiatives that empower and optimise the oil and gas sector, strengthening the industry’s economic fundamentals and achieving a sustainable and successful energy future.

In response to a question from the session moderator about how the industry keeps up with constantly advancing technology, Gardner responded by saying that the biggest changes needed have been in the workforce, to employ people capable of undertaking large scale digital processing utilised by the industry today. He also stated that technological changes have greatly increased the cost of operations.

On the importance of efficiency to both the industry and the consumers, Gardner affirmed that efficiency is the most important field of research, detailing that the highest priority advancements being worked on are to do with efficiency for both consumer and freight vehicles, as wells as increasing the efficiency of electrical supply through improving the infrastructure of electrical grids to not unnecessarily loose electricity.

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Transforming the Global Energy Landscape

During the first part of the session, most of the speakers were stressing on the importance of collaboration between governments and International Oil Companies (IOCs) “We are promoting Egypt and the oil and gas business through a series of activities

that we are undertaking. We started our journey and the turning point after 2013,” said H.E. Tarek El Molla, Egypt’s Minister of Petroleum and Mineral Resources. “Our partners are our key success,

OUR PARTNERS ARE OUR KEY SUCCESS, WHETHER IN THE UPSTREAM OR DOWNSTREAM. H.E. Eng. Tarek El Molla

Egypt’s Minister of Petroleum and Mineral Resources

whether in the upstream or downstream,” he added.

El Molla, further highlighted that with the full support or Egypt’s President Abdel Fattah El Sisi, the sector was able to encourage foreign partners to raise their investments.

Moreover, H.E. Manuel Salvador Quevedo Fernandez, Minister of Petroleum of the Bolivarian Republic of Venezuela, stated that “events like EGYPS represent for everybody in the world the importance of the oil and gas market for producers, consuming countries, and investors as well. The balance between every actor is very important.

There are a lot of challenges ahead and there are opportunities that we can achieve in order to grow

DAY TWO

Official Publication

SOUTH AFRICA IS ONE OF THE NET OIL AND GAS IMPORTING COUNTRIES; THEREFORE, OUR PARTICIPATION HERE HELPS US TO HAVE A DISCUSSION AND COLLABORATE WITH OTHER PARTNERS. H.E. David Mahlobo

Strategic Session: Global Business Leaders Panel

South Africa's Minister of Energy and provide development for our people.”

From his side, H.E. Mustapha Guitouni, Minister of Energy of the People’s Democratic Republic of Algeria, affirmed on Fernandez’s words and stressed on the importance of EGYPS. “It is an exceptional event,” he noted. When asked about the dynamics of the Algerian industry, Guitouni said that “Algeria is a very attractive destination for operators and investors [….] Yet, we need to review our law. The legislations are hampering the process of investment.

We are really working hard on this issue.”

As for South Africa, H.E. David Mahlobo, Minister of Energy, mentioned that “from a South African point of view, energy is important for economic growth. […..] South Africa is one of the net oil and gas importing countries; therefore, our participation here helps us to have a discussion and collaborate with other partners.”

During the second round of the session, El Molla discussed Egypt’s economic reform and its implications on the oil and gas industry. “Since 2013, we were really looking after real reform and sustainable energy positioning […..] Subsidy reform is a challenge for most of the developing countries.

I think we have been suffering a lot from long-term subsidy strategy,” he noted.

highlighted, in order to transfer global knowledge and capabilities to develop gas projects and rapidly drive results whilst improving processes and achieving effective outcomes.

THE DYNAMICS OF THE INDUSTRY ARE CHANGING, AS PRODUCTIVITY IS BECOMING ONE OF THE MOST IMPORTANT ELEMENTS.

Lorenzo Simonelli

Chairman & CEO at Baker Hughes

BP INVESTED MORE MONEY IN EGYPT LAST YEAR THAN IN ANY OTHER COUNTRY IN THE WORLD

From his side, Fernandez mentioned that Venezuela is currently developing joint ventures (JVs) with more than 20 oil and gas companies. “We are planning to provide stability for investors.” While Guitouni stressed on the importance of creating a long-term balance in the market. “It is a matter of balance between demand and supply,” he stated.

Bob Dudley

Cooperation: The Fastest Way to Achieve Goals The third session entitled “Upstream Global Leaders Panel: Fostering Collaboration, Enhancing Strategic Partnership and Sharing Visionary Smart Goals” included a discussion between upstream global leaders representing three of the most influential International Oil Companies (IOCs) working in Africa. The session inspected the methods of sustaining industry collaboration to promote growth, transformation, and sustainable competitiveness in the oil and gas industry. During the discussion, the need to drive results quickly and efficiently was

On the other hand, Lorenzo Simonelli, Chairman & CEO at Baker Hughes, mentioned that “the dynamics of the industry are changing , as productivity is becoming one of the most important elements. To be a good global company, you have to be a great local company.”

Bob Dudley, Group Chief Executive at British Petroleum (BP), explained that BP is currently being modernised using many tools. “BP invested more money in Egypt last year than in any other country in the world,” he added.

By the second part of the session, Descalzi mentioned that IOCs need a stable environment in order to boost investments in the region, while Dudley explained that IOCs were negatively impacted by dropping oil production in the producing oil companies. By the end of the session, the three speakers agreed on how collaboration between mega IOCs is a priority.

Diversification and Sustainability

Furthermore, El Molla highlighted that the reform that started in 2016 is a long-term decision, as the country is aiming to attract extra investments in renewable energy in order to diversify its energy mix.

“Long-term decisions and policies are one of the priorities of our government,” he added.

When asked about the future of regional oil and gas sector, Mahlobo mentioned that “Africa is the next destination if you want to invest.”

of the company’s success in the region. “We look for different models […] During the last three years, we farmed out around 10 billion dollars of resources with very high capital gain,” Descalzi noted.

Group Chief Executive at BP

In addition, speakers looked over the importance of pinpointing international lessons learned from operating in very complex environments and adapting to global supply and demand and geopolitical constraints. Mergers and Acquisitions (M&As) and JVs were also considered as main points during the discussion, as both are important in leveraging strengths to diversify portfolios, merge capabilities, and achieve financial growth. The further session stressed on mentoring and investing in people’s capabilities to create sustained growth and long-term business success

The fourth session, entitled “Intergovernmental Organisations: Supporting Diversifications, developing a Sustainable Market Balance and Creating Stability through Collaboration,” had a discussion between three secretary generals of the most powerful oil and gas exporting organisations in the region.

The speakers were H.E. Mohammad Barkindo, Secretary General at Organisation of the Petroleum Exporting Countries (OPEC), H.E. Abbas Al Naqi, Secretary General at the Organisation of Arab Petroleum Exporting Countries (OAPEC), and H.E. Yury Sentyurin, Secretary General at the Gas Exporting Countries Forum (GECF).

The session tackled restoring industry stability and market balance across OPEC and non-OPEC oil producing countries, in addition to highlighting the importance of unifying petroleum policies and ensuring stabilisation of oil and gas markets, trying to answer the question of “what does the future hold for the next 5-10 years?.” The producer-consumer dialogue: the relationship between crude oil prices, efficiency of supply and market optimisation was additionally one of the main points of the session.

Finally, speakers encouraged industry stakeholders to maintain a secure supply-demand balance for gas, developing energy transition technologies and encouraging a sustainable structure and development of global gas markets.

During the first part of the session, Claudio Descalzi, CEO at ENI, mentioned that Zohr can be an example

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ADDRESSING TECHNICAL ANGLES IN EGYPT'S BIGGEST OIL, GAS EVENT

In line with Egypt’s ongoing plans to attract oil and natural gas investments and develop its energy sectors, EGYPS 2018 Technical Conference kicked off on Monday 12 February with a series of technical topics addressing agreements, technologies, and new approaches in oil and gas.

"The technical conference is a good chance to exchange successful stories and learn from the flaws committed by others. This exchange of ideas and of what each operator has reached will benefit all the attendees and can definitely increase E&P opportunities," Abded Ezz El Regal, Head of the Egyptian General Petroleum Corporation (EGPC), commented.

Egypt’s ambition for the gas sector is not limited to meet the domestic demand or starting exporting; it further aims to process its gas products so it can make more profit out of it. In this line, EGYPS’ first day further included two technical conferences about gas processing technology and operations.

British Ambassador to Egypt, John Casson, stated his belief that it is important for Egypt to consider gas processing. “Part of moving from short-term stability to longterm success is extracting real value from Egypt. The oil and gas sector is not just about exports and dollars, it should be about building an industrial base for Egypt,” he stated.

Casson further noted gas processing and oil refinery will further contribute to decreasing unemployment in Egypt. “The most important thing for the future of Egypt is to find jobs for Egypt’s fantastic young populations, so we need to develop the value that we can get from the energy sector as an industrial base for Egypt,” he added.

The Technical Conference further included two sessions comprising six presentations focusing on the operation excellence, maintenance, and HSE, bringing together leaders in the industry from different parts of the world.

THE TECHNICAL CONFERENCE IS A GOOD CHANCE TO EXCHANGE SUCCESSFUL STORIES AND LEARN FROM THE FLAWS COMMITTED BY OTHERS.

Eng.Abded Ezz El Regal CEO - EGPC

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“The production now is stable, but what we look for now is how to maintain the stations, and how to rehabilitate it completely, as well as assigning needed equipment to make it sustainable for 20 years or more,” Mohamed Reda, General Manager at Gulf of Suez Petroleum Company (GUPCO), disclosed.

The deep-water and drilling has been limited in Egypt due to high cost over the past period. However, as new technologies surface, opportunities increase.

In this regard, Ehab Attia, Assets Leader of ENI, commented, “When we used to drill in deep water, high pressure and high temp reservoir, we faced stuck and blow out. Now things are much better, safety wise.”

MOST FIELDS ARE MATURE AND WERE DISCOVERED DECADES AGO. THE MAIN ISSUE HERE IS LOWPRODUCTION PROFILE THAT COMES AS A RESULT OF THIS AGING AND MATURITY OF FIELDS. Eng. Mostafa Kortam

Reservoir Engineer - Petrobel

Maturity of fields is another challenge faced by companies in the Egyptian Oil and Gas sector. “Most fields are mature and were discovered decades ago.

The main issue here is low-production profile that comes as a result of this aging and maturity of fields.

So we are focusing on how to rejuvenate those fields,” said Mostafa Kortam, Reservoir Engineer Belayim Petroleum Company (Petrobel).

He further affirmed that Egypt has available solid technologies and experience; however, there is a lack of integration among key players. “We have different partners, operators, and cultures. We have to share interest and knowledge, and I believe there is a great opportunity in this conference to help us integrate, attract foreign investments, and expose our work globally”, Kortam added.

THE MOST IMPORTANT THING FOR THE FUTURE OF EGYPT IS TO FIND JOBS FOR EGYPT’S FANTASTIC YOUNG POPULATIONS, SO WE NEED TO DEVELOP THE VALUE THAT WE CAN GET FROM THE ENERGY SECTOR AS AN INDUSTRIAL BASE FOR EGYPT

Eng. John Casson

British Ambassador to Egypt

DAY TWO

Official Publication

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Official Publication SUPPORTED BY

EGY 12 – 14 February 2018

SCHEDULE OF CONFERENCES Egypt International Exhibition Center

TECHNICAL SESSIONS

Drilling and Completions (DC)

DAY 2

Tuesday 13 February

DAY 3

Marketing and Distribution of Refined Products (MDRP)

Downstream: Refining, Petrochemicals and Fertilizers Technology and Operations (DRPFTO)

Connected Performance Technology and Services (CPTS)

THEATRE 2

THEATRE 3

09:00 - 10:30

SESSION 7 Basin analysis and mature fields

SESSION 8 Production optimisation

SESSION 9 Efficiency and improvements in oil and gas

10:30 - 12:00

SESSION 10 Reservoir characterisation

SESSION 11 Downstream added value maximisation

SESSION 12 Innovative solutions for optimisation

12:00 - 13:30

SESSION 13 Unconventional gas developments

SESSION 14 Diversifying the downstream value chain

SESSION 15 Fuels and lubes innovations and technologies

14:15 - 15:45

SESSION 16 Enhanced oil recovery (EOR)

SESSION 17 Connected performance for operational excellence and asset management

SESSION 18 Research findings and solutions for power generation

15:45 - 17:15

SESSION 19 Brownfield developments and opportunities

SESSION 20 Digital transformation and security intelligence

SESSION 21 New technologies for power generation

THEATRE 1

THEATRE 2

THEATRE 3

09:00 - 10:30

SESSION 22 Field developments and reservoir characterisation

SESSION 23 Drilling optimisation and new technologies

SESSION 24 Cost optimisation

10:45 - 12:35

SESSION 25 Innovation in offshore technologies

SESSION 26 Stimulation challenges

SESSION 27 Mega projects

13:30 - 15:00

SESSION 28 Optimisation in the offshore sector

SESSION 29 Drilling and completions challenges and case histories

SESSION 30 Field developments - case studies

TIME

Wednesday 14 February

Project Management, Engineering Technology and Implementation PMETI)

Technology and Operations (OTO)

Power Generation Technology and Operations (PGTO)

THEATRE 1

TIME

15:15 - 16:45

10

Oil, Gas and Unconventional Field Developments (OGUFD)

Gas Processing Technology and Operations (GPTO)

DAY 1 Monday 12 February

Operational Excellence, Maintenance and HSE (OEMH)

E&P Geoscience (GEO)

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DAY 2 Tuesday 13 February

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TECHNICAL CATEGORIES

SESSION 31 Production enhancement and artificial lift new technologies

DAY TWO

Official Publication

S 2018 CONFERENCES OVERVIEW GYPS 2018 CONFERENCES OVERVIEW

ference Registration: www.egyps.com/conferenceregistration Conference Registration: www.egyps.com/conferenceregistration

WOMEN IN ENERGY STRATEGIC SECURITY & SECURITY HSE IN & HSE INWOMEN IN ENERGY ENERGY SESSIONS SESSIONS SESSIONS ENERGY SESSIONS SESSIONS TIME

TIME

Session 4: Interview: oil and Gas trailblazers – Accelerating the discovery, delivery and monetisation of Egypt’s Natural Hydrocarbon Resources

15:20

DAY 2 Tuesday 13 February

SESSION 5: CEO Strategic roundtables

15:50

13:30

SESSION 6: Leader’s panel: Is Egypt’s Gas 10:00 potential an industry and country game-changer?

SESSION 7: The creation of successful partnerships in North Africa and the Mediterranean

11:00

SESSION 8: 12:00-13:30 Leadership Panel: spearheading oil and gas growth and competitiveness in Egypt, North Africa and the Mediterranean

12:00

OPTIONAL: FINANCE AND INVESTMENT LUNCH BRIEFING

Improving oil and gasOPENING safety KEYNOTE ADDRESS 08:40 09:30 and security through Energy Security, Sustainability collaboration and Stability within Egypt

PANEL DISCUSSION: 10:00 Diversity of thought: A choice or need of the hour?

PANEL DISCUSSION: 09:00 oil and gas safety Addressing securityImproving of and security through10:00 critical oil and gas assets collaboration and transportation infrastructure

Leadership panel: the creation of successful partnerships in North Africa and the Mediterranean 11:15

PANEL DISCUSSION: Addressing security of critical oil and gas assets and transportation Global trends in 11:15 infrastructure Emergency planning,

Impact of global decisions on opportunities for women

Diversity of thought: A choice or need of the hour?

10:00

How can we achieve gender parity at board level?

11:30

How can we achieve gender parity at board level?

preparedness and response

Young women in energy:

12:00 spearheading Leadership panel: Mentoring the next oil and gas growth and generation of oil and gas competitiveness in Egypt, North professionals 12:15 Africa and the Mediterranean

14:00

Localisation in the egyptian oil & gas industry

OPTIONAL: FINANCE AND INVESTMENT 14:00 LUNCH BRIEFING Defining the future direction of oil and gas project financing for Creating diverse 14:45 growth, portfolio diversification environments in refineries, and creating opportunity

gas processing facilities & petrochemical plants

Defining the future direction of oil

11:30

PANEL DISCUSSION: Global trends in Emergency planning, preparedness and response 12:00

DAY 3 Wednesday 14 February

SESSION 3: Downstream global leaders 14:35 panel: Transforming and creating 11:00 growth in the downstream refining and petrochemical sector

TIME

MINISTERIAL PANEL: 09:00 Impact of global decisions on opportunities for women

Leadership panel: is Egypt’s gas potential an industry and country game-changer?

10:00

TIME

TIME

DAY 3 Wednesday 14 February

SESSION 2: Upstream global leaders panel: 13:45 Fostering Collaboration, Enhancing strategic partnerships and Sharing visionary smart goals

09:30

DAY 3 Wednesday 14 February

SESSION 1: Ministerial panel: Inspiring, 12:00 Leading and Creating 10:00 opportunities that will transform the global energy landscape

DAY 3 Wednesday 14 February

RATEGIC ESSIONS

Cyber security Management vs process safety management within the evolving threat PANEL DISCUSSION: environment 12:15 Cyber security Management vs process safety management within the evolving threat14:00 environment Global trends in security technology and its increasing importance across the oil and gas PANEL DISCUSSION: Global trends in security 14:00 landscape technology and its 14:45 increasing importance across the oil and gas landscape

Young women in energy: Mentoring the next generation of oil and gas professionals

Localisation in the Egyptian oil & gas industry

Creating diverse environments in refineries, gas processing facilities & petrochemical plants

12:30 and gas project financing for

growth, portfolio diversification and creating opportunity Session 9:

15:00 15:30

14:30 Leadership Panel: the race and

desire to become a regional hub 14:30 Session 10:

15:30 Modernisation Programme

- looking towards the future: leadership, innovation, diversification and consolidation

Egyps 2018: Women in Energy Awards

Modernisation programme looking towards the future: leadership, innovation, diversification and consolidation 17:00

16:00

Closing remarks and close of Women in Energy

Recognising the importance of effective PANEL DISCUSSION: 15:00 against oil defence systems 15:30 and gas cyber threats Recognising the importance of effective defence systems against oil and gas cyber threats

16:00 and close of Closing remarks Security & HSE in Energy Closing remarks and close of 17:00 Security & HSE in Energy

EGYPS 2018: Women in Energy Awards

Closing remarks and close of Women in Energy

EGYPS SHOW DAILY 11

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TUESDAY 13 FEBRUARY 2018 VENUE: AL MANARA HALL

STRATEGIC SESSIONS IN FOCUS

The first day of EGYPS 2018 brings industry global business leaders together actively discussing the successful development and growth of the industry, promoting strategic partnerships, investment opportunities, and enhancing industry collaboration in the region and globally.

LEADERSHIP PANEL: IS EGYPT’S GAS POTENTIAL AN INDUSTRY AND COUNTRY GAME-CHANGER?

Mohamed Moanes First Undersecretary for Gas Affairs Ministry of Petroleum and Mineral Resources Arab Republic of Egypt

Maurizio Coratella CEO Edison International Spa

Jeremy Weir CEO Trafigura

William Coates CEO ONE LNG

Keith Elliott Senior Vice President East Mediterranean Noble Energy

LEADERSHIP PANEL: THE CREATION OF SUCCESSFUL PARTNERSHIPS IN THE MIDDLE EAST, NORTH AFRICA AND MEDITERRANEAN

Mustafa Sanalla Chairman of the Board NOC Libya

Ali Al Jarwan CEO Dragon Oil

Abby Badwi CEO Kuwait Energy

Maria Moraeus Hanssen CEO DEA

Walid Nasr Chairman of the Board Lebanese Petroleum Administration (LPA)

LEADERSHIP PANEL: SPEARHEADING OIL AND GAS GROWTH AND COMPETITIVENESS IN EGYPT, NORTH AFRICA AND THE MEDITERRANEAN

Hatem Soliman Senior Advisor to the CEO Schlumberger

Samia Nehme Vice President Deal Delivery Royal Dutch Shell

Grady Ables Senior Region Vice President Apache

Ahmed Kenawi Senior Vice President Middle East and North Africa Region Halliburton

Iman Hill Technical Director General Manager UAE and President Egypt Dana Gas

MODERNISATION PROGRAMME - LOOKING TOWARDS THE FUTURE: LEADERSHIP, INNOVATION, DIVERSIFICATION AND CONSOLIDATION Osama Mobarez Undersecretary Minister’s Technical Office Ministry of Petroleum and Mineral Resources Arab Republic of Egypt

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Mohamed Shimy Chairman Ganoub El Wadi Petroleum Holding Company (GANOPE)

Gasser Hanter Vice President Country Chairman and Managing Director Shell Egypt

TIMING: 10:00

Walid Sheta Cluster President North East Africa and Levant Schneider Electric

TIMING: 11:00

Demetris Fessas Executive Director Cyprus Hydrocarbons Company (CHC)

TIMING: 13:30

Jean Cahuzac CEO Subsea 7

TIMING: 14:30

Ashish Khanna Programme Leader (Sustainable Development) The World Bank

DAY TWO

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THE FINANCE AND INVESTMENT LUNCH BRIEFING

NEW FOR 2018 VENUE: AL MANARA HALL HEADLINE SPONSOR

Lunch briefing gathering government representatives, NOCs, IOCs, local operators, local and international banks and private equity firms

KEYNOTE ADDRESS : BUILDING A ROBUST FINANCIAL AND ECONOMIC ENVIRONMENT TO HARNESS EGYPT’S UNTAPPED OIL AND GAS POTENTIAL

GIFT SPONSOR

•Reviewing financial agreements to support the government’s economic reforms whilst uncovering the wealth of new investment opportunities •Creating new policies and implementing successful strategies to attract foreign direct investment that will develop and consolidate Egypt’s oil and gas industry

TIMING: 12:15 – 12:55

DEFINING THE FUTURE DIRECTION OF GLOBAL ENERGY PROJECT FINANCING FOR GROWTH, PORTFOLIO DIVERSIFICATION AND CREATING OPPORTUNITY •Understanding what financing structures are on offer for oil and gas companies to further sustain a global competitive advantage and gain access to financing for mega projects •Comprehending energy project financing methods, dynamics and trends: defining better transaction techniques and how to secure better returns on investment

•Navigating through investor perspectives - comparing global investment opportunities between renewable and oil and gas projects and identifying how the renewable and oil and gas industry can collaborate to attract more joint investment across sectors •IPOs: who is eligible, what is needed, and what motivates a company to ‘go public’?

Moderator:

Tarek Fayed Chairman Banque du Caire

Mohamed Farid Saleh Chairman The Egyptian Exchange (EGX)

David Chi Regional Vice President and General Manager Apache Egypt

Sahar Sallab Board Member National Bank of Egypt

TIMING: 12:55 – 13:30

DEFINING STEPS FOR SUCCESS TO SUPPORT AND FINANCE THE GROWTH OF EGYPT’S OIL AND GAS INDUSTRY •Pinpointing new energy projects in Egypt, what financing mechanisms are needed and how can operators successfully secure oil and gas funding?

•Analysing the full range of financing options available for new refining and petrochemicals complexes, project expansions, integration and diversification in Egypt

Walid Labadi Country Manager International Finance Corporation

Heba Abdel Latif Debt Capital Markets Head Commercial International Bank

•Determining how can companies secure capital efficiently to ensure portfolio optimisation and create growth •Highlighting the role of private equities within the oil and gas environment and understanding what alternative sources of capital funding they are offering to oil and gas companies

Ahmed Mortada Associate Banker Energy Sector EBRD

Youssef Beshay Senior Banker - Egypt BNP Paribas

EGYPS SHOW DAILY 13

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DAY TWO

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TECHNICAL SESSIONS IN FOCUS

TECHNICAL CONFERENCE SPONSOR

TUESDAY 13 FEBRUARY 2018 The EGYPS Technical Conference provides the opportunity to share technical expertise and exchange knowledge through 31 sessions set across 3 days. Bringing together experts from the entire upstream, midstream and downstream oil and gas value chain, attendees gain access to critical insights into Egypt and North Africa’s fast evolving hydrocarbon businesses.

Power Generation Technology and Operations (PGTO)

Marketing and Distribution of Refined Products (MDRP)

E&P Geoscience (GEO) SESSION 7

SESSION 15

SESSION 18

Basin analysis and mature fields

Fuels and lubes innovations and technologies

Research findings and solutions for power generation

Time: 08:00-09:30 Venue: Theatre 1

Time: 11:15-12:45 Venue: Theatre 3

SESSION 10

Time: 13:45-15:15 Venue: Theatre 2

Connected Performance Technology and Services (CPTS)

Reservoir characterisation Time: 09:30-11.00 Venue: Theatre 1

SESSION 21 New technologies for power generation operations Time: 15:30-17:00 Venue: Theatre 3

SESSION 17 Connected performance for operational excellence and asset management Time: 13:45-15:15 Venue: Theatre 3

Downstream: Refining, Petrochemicals and Fertilizers Technology and Operations (DRPFTO)

Oil, Gas and Unconventional Field Developments (OGUFD)

SESSION 20 Digital transformation and security intelligence Time: 15:30-17:00 Venue: Theatre 2

SESSION 13 Unconventional gas developments

SESSION 8

Time: 11:15-12:45 Venue: Theatre 1

Production optimisation Time: 08:00-09:30 Venue: Theatre 2

Operational Excellence, Maintenance and HSE (OEMH)

SESSION 11 Downstream added value maximisation

Enhanced oil recovery (EOR)

SESSION 9

Efficiency and improvement in oil and gas

Time: 09:30-11.00 Venue: Theatre 2

Time: 08:00-09:30 Venue: Theatre 3

SESSION 14

Brownfield developments and opportunities

Innovative solutions for optimisation

Time: 11:15-12:45 Venue: Theatre 2

Time: 13:45-15:15 Venue: Theatre 1

SESSION 19

SESSION 12

Diversifying the downstream value chain

SESSION 16

Time: 15:30-17:00 Venue: Theatre 1

Time: 09:30-11.00 Venue: Theatre 3

ATTEND THE TECHNICAL CONFERENCE AND LEARN

about the latest technical advancements in your field from 120+ expert speakers

MEET

technical experts behind cutting edge innovations from over 40 countries

ACQUIRE

new skills by attending 31+ focused technical discussions on upstream, midstream & downstream oil & gas topics

LEARN

about key industry trends and technical innovations by attending and networking with over 1,000 conference delegates.

EGYPS SHOW DAILY 15

Official Publication

Host

One global industry. One city. One meeting place.

12 - 15 November 2018

ADIPEC FAST FACTS 135,000 Gross sqm

102,601 Attendees

2,109 Exhibiting Companies

26 Country Pavilions

THE DRIVING FORCE BEHIND TOMORROW’S OIL & GAS PARTNERSHIPS Over 80% of exhibition space at ADIPEC 2018 is now sold out.

Due to unprecedented demand ADIPEC 2018 has increased exhibition space.*

BOOK YOUR STAND NOW adipec.com/bookastand

*The new Grandstand Hall 14 will be located next to the Atrium.

189 Conference Sessions

959 Expert Speakers

10,115* Conference Delegates

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16

National Oil Companies

International Oil Companies

*repeat delegate numbers

Supported By

Host City

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Knowledge Partner

ADIPEC Organised By

DAY TWO

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GRIGORIS STERGIOULIS, CEO, HELLENIC PETROLEUM In October 2017, Hellenic Petroleum joined forces with Total and Edison with the granting of E&P rights to the Ionian Sea’s Block 2. How important is this partnership for fast-tracking the production of Greece’s hydrocarbons resources?

We strongly believe that systematic exploration and exploitation of hydrocarbon reserves in Greece is a historic task for the country. With rising global energy demand trends up to 2040, and solid projections that oil and gas will continue to hold a sizeable percentage of the energy mix, the quest for new oil and gas reserves lingers on.

As part of our growth strategy, we have decided to play a leading role in this area where we hold a significant competitive advantage: our knowledge of the Greek geology. Hellenic Petroleum is no stranger to joining forces with reputable foreign companies to perform E&P activities. We are currently acting as an operator in a joint venture with Edison for the Patraikos Gulf Block, whereas in the recent past we participated in international consortia in the areas of West Obayed and Mesaha in Egypt. We firmly believe that teaming up with other players having extensive experience and possessing expertise on certain aspects, such as deep-water exploration, not only increases the chances of a positive outcome, but will also help to attract the interest of prospective investors, should the results of test-wells are promising.

We intend to continue along that path, as Hellenic Petroleum is currently investigating prospects of collaboration with major oil and gas companies to participate in the bid for two offshore blocks Southwest and West of Crete.

What about the downstream side of the business?

How is Hellenic Petroleum working to ensure profitability and efficiency in line with EU compliance costs and environmental standards that North African, Middle Eastern and Asian refiners are exempt from?

EU refineries in the East Mediterranean have to operate in an area where there is no level playing field, and be confronted by competitors who abide to a leaner environmental and regulatory set of rules. The heavy burden imposed upon East Med refineries stems primarily from higher

energy prices and increased compliance costs, as a result of stricter environmental standards compared to MENA and Asian refineries.

The average cumulative cost of the different pieces of legislation in between 2000-2012 has reduced the competitiveness of the EU refining sector by 25% in terms of decline in the observed net margin. According to most recent data, the competitive disadvantage of EU refineries vs. non-EU export oriented refineries is estimated around 3.6 $/bbl (1.3 $/bbl on energy terms, 0.6 $/bbl on maintenance costs plus another 1.7 $/bbl related to EU-only regulatory costs). It is interesting to stress that just a couple of years ago the competitive gap was close to 5 $/bbl, due to the heavier impact of energy cost when crude was close to 100 $/bbl.

infrastructure and supply corridors, ensuring universal conformance with environmental legislation, and fully committing to climate and energy policy framework, with a view towards a competitive, low-carbon economy.

The forthcoming change of marine fuel sulphur specification by IMO in 2020 will provide a good opportunity for policy makers and industry people to come together and find ways to ensure the highest level of conformance, and agree upon measures that will prevent weak enforcement of the law.

In our view, the only way to stay in business and ensure profitability and economic viability is through operational excellence.

The road to excellence is long and requires devotion, determination and above all team effort. In that context, Hellenic Petroleum has long adopted a policy of continuous improvement, focusing on meticulous monitoring of key performance indicators and participating in various benchmark studies to measure ourselves against the trend setting peers. These parameters are carefully reviewed throughout the year on a regular basis, whilst raising the bar for each subsequent year to ensure that the company’s competitiveness is sustained and not eroded away. Being consistent to this concept, we have assigned higher efficiency targets for 2018 on all business units, covering aspects such as energy consumption, operational and mechanical availability of equipment, safety performance, personnel productivity, cost reduction, etc.

In your opinion, how to further enhance continuous collaboration between all the Mediterranean countries? What potential partnerships do you see on the horizon across both upstream and downstream?

In our opinion, it is crucial that Mediterranean countries take initiative to shape and agree upon a common set of energy policy principles and work together towards its implementation in an effort to reach a common ground, such as improving the coordination of national energy policies; supporting the development and further expansion of energy

It is the first time that Hellenic Petroleum participate in EGYPS 2018 and I’m looking forward to joining the active discussions on future collaboration opportunities regarding the development of the oil and gas industry regionally and globally, and in seeking ways to further enhance partnerships between Greece and Egypt.

As far as partnerships are concerned, besides the E&P sector, we believe that there are great opportunities in the development of Renewable Energy Sources, as well as in the transportation & infrastructure of gas and power. Both these sectors will contribute substantially towards increasing Europe’s energy security, rendering it more energy sufficient and less vulnerable to energy supply disruptions.

Hellenic Petroleum are attending the Egypt Petroleum Show for the first time. Can you tell us how important is the EGYPS annual meeting platform for the industry and what are you most looking forward to at the Show?

We consider Egypt Petroleum Show a major event for the oil and gas community of the entire Mediterranean region. We believe that through the various panels, meetings and discussions we will be able to further enhance ties and collaboration with all major stakeholders of the Mediterranean Oil and Gas Industry. In particular, we believe that our participation will allow us to tighten our relations with the Egyptian Oil and Gas sector and will help us explore future opportunities of collaboration between Hellenic Petroleum, EGPC, and all the major Egyptian energy entities.

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FUTURE ENERGY AFRICA

EXHIBITION AND CONFERENCE 1 - 3 OCTOBER 2018

CAPE TOWN INTERNATIONAL CONVENTION CENTRE, SOUTH AFRICA

AFRICA’S INTEGRATED OIL, GAS AND ENERGY TRANSFORMATION

4,000+ Attendees

500+ Conference Delegates

+

+

250+ Exhibiting Companies

+

100

30

50

Speakers

Governments/Ministers

Countries

ORGANISED BY:

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DAY TWO

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IMAN HILL, TECHNICAL DIRECTOR GENERAL MANAGER UAE AND PRESIDENT EGYPT, DANA GAS Dana Gas has sizeable E&P assets in Egypt, namely onshore Nile Delta and offshore Mediterranean. Can you tell us more about your operations in-country and your future upcoming projects Egypt is an important core country for Dana Gas, which has been active in Egypt for over ten years. In November 2006, Dana Gas entered the market via an acquisition of Centurion Energy International Inc, which had assets in Egypt, Tunisia and offshore West Africa.

Since the acquisition, Dana Gas has concentrated on developing our Nile Delta concessions and expanding into new onshore and offshore territories in Egypt. We also completed the construction of an LPG recovery plant with a total capacity of 130,000 tons per annum in the Gulf of Suez.

energy market self-sufficient within the next two years. It was not long ago that Egypt was an exporter and this field could allow the country to export once again. Market dynamics is going to change and Egypt will once again become a hub for production across the eastern Mediterranean.

You are joining us as at EGYPS 2018 as a panellist. How important to the industry is EGYPS as an annual meeting place and what are you most looking forward to at the Show?

In terms of assets and operations, we are exploring, developing and producing in two areas: onshore Nile Delta and offshore Mediterranean.

All of our producing concessions are onshore currently and these include El Manzala, West Al Manzala and West El Qantara. In the offshore sector, we own the North El Arish (Block 6) concession.

We also jointly-own the El Wastani Gas plant with our local partner El Wastani Petroleum Company (WASCO). It was commissioned in 2006 and is equipped to treat wet gas.

Our current production output is circa 40,000 barrels of oil equivalent and our gross proved and probable reserves (2P) as of 31 December 2016 is estimated at 132 MMboe.

Regarding our future projects, we have a threewell drilling programme starting now, which will rollover into the first quarter 2018. Two of the wells will be drilled on our wholly-owned North El Salhiya (Block 1) concession, namely Bahy-2 and ESAEN-1. The third onshore well is planned to be drilled in the West Manzala Development Lease. We are also waiting on final permits for Block 6 and anticipate first drill in 2019. Block 6 is our first offshore concession and could, similarly to our prospects in Kurdistan, be a real game changer for the Company if we successfully find commercial quantities of gas.

Egypt has huge gas reserves that have the potential to change global gas market dynamics. In your opinion, how do you see the market developing over the next 2-3 years?

At the end of last year, the massive Zohr field came on stream. This is an absolute gamechanger for Egypt and could make Egypt’s

market dynamics have enabled the emergence of new markets in MENA like Egypt, Jordan and Pakistan. The trading-led liquidity in LNG markets is likely to help in homogenising gas prices across key markets (North America, Europe, Asia and the Middle East). This, together with the surge in LNG capacity construction that is due on-stream over the next four years is likely to maintain the existing glut in LNG and keep gas prices affordable. This is well timed as it will allow gas to compete and displace coal and oil in power markets enabling the reduction of GHG emissions and help achieve the Middle East’s COP21 pledges.

I am joining the Strategic, Women in Energy and Security and HSE conferences and I am very excited to be participating. This is the second edition of the Show and I look forward to sharing my views and opinions on what it means for me personally and to highlight how important EGYPS is for the industry.

The Suez Canal offers one of the easiest, and maybe the cheapest, trade routes for oil and gas. To add to this base, the partly stateowned Egyptian company Sumed is building a new large-scale LNG wharf on the Gulf of Suez. That should be finished by the end of 2018 and will supplement the capacity of the existing LNG facilities at Idku and Damietta on the Mediterranean coast.

From a Middle East market point of view, the region has vast gas reserves. However, the development of domestic non-associated gas resources across the region requires the liberalisation of gas prices and the removal of energy subsidies. Inter-country gas flows in Middle East are constrained by political barriers; limited inter-country gas infrastructure and distorted gas pricing. So to meet growing gas demand the Middle East is experiencing the strongest growth in LNG demand in the world (on a relative basis). The emergence of new LNG markets has been enabled by floating regas terminals, increased LNG trading and shorter contract terms. These evolving LNG

Dana Gas is delighted to be participating at the Egypt Petroleum Show. It is a great opportunity to join global oil and gas operators and our partners in Egypt, sharing insights of the projects and work we have been developing in-country.

EGYPS SHOW DAILY 19

Official Publication

EGYPS PETROLEUM CLUB: A PROSPEROUS PLATFORM TO OIL AND NATURAL GAS INDUSTRY’S KEY INVESTORS working in the oil and natural gas industry, possessing a job title which is equivalent to C-suite level or above and meeting qualifications demanded by the application criteria found in the online form.

EGYPS returns every year with a vital motive of bringing together Egyptian and North African government representatives, national oil companies, international oil companies, key project owners, key decision makers in the industry, EPC contractors, consultants, and financiers. They all gather on one platform to discuss and tackle growing opportunities in the Egyptian and North African energy arena.

In light of launching a prosperous platform for market key players in the oil and natural gas industry, Egypt Petroleum Show (EGYPS) brings about every key opportunity that each investor needs in efforts to expand businesses in Egypt and the region. One of EGYPS special segments connecting investors in 2018 is the EGYPS Petroleum Club. The club is an exclusive membership for oil and gas executives according to EGYPS official website.

members exclusive access any time during EGYPS which is to run between February 12 to February 14, network opportunities with industry key players, a fast-track entry into EGYPS to those owning a Petroleum Club Badge, and access to private enclosed settings suitable for business talks and meetings.

The Petroleum Club requires only few conditions to acquire membership according to guidelines on EGYPS website. These conditions include

EGYPS 2018 exhibition is featuring over 500 regional and international exhibiting companies as well as 11 country pavilions, resonating from 35 countries in aim to seize new opportunities in the region as well as foster their business portfolio with promising investments. Established over 2,000 square meters worth of space, The event will help investors and market clients define future project requirements, the country’s long and short term plans, and insights on North African oil and Natural gas sector alongside with identifying key strategic priorities and deciding on master plans relevant to the sector.

Providing a private environment for industry leader to connect and discuss potential investment opportunities, EGYPS Petroleum Club aims to strengthen business ties and offer members comfortable facilities in a quiet setting to foster networking. The EGYPS Petroleum Club membership is free of charge; however requires membership permission after filling an application form.

Hesham El Amroussy Chairman and Managing Director of Exxon Mobil Egypt has previously stated that the Petroleum Club offers a great opportunity for industry leader to overlook chances of future collaborations. Exxon Mobil has been a key play in the industry for 115 years with a packed portfolio in Egypt.

EGYPS Petroleum Club doesn’t only work as a networking opportunity but also as a platform for discussion and knowledge-sharing between the industry’s main decision makers, resulting in efficient strategies and planning required pushing forward the oil and natural gas sector.

Memberships in the Petroleum Club will provide

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DAY TWO

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EGYPS SHOW DAILY 21

PAVILION NEWS

METAL SAMPLES USA-based company Metal Samples is specialized in manufacturing products for corrosion monitoring and material evaluation over the past 30 years.

The company is capable to supply products and services to clients of various industries worldwide including nuclear, medical, aerospace, chemical processing, oil & natural gas, and petroleum. Metal Samples is able to offer a range of corrosion monitoring systems including access fittings for high-pressure/temperature systems to insert and retrieve probes, chemical injection systems, quills, and nozzles.

Probes are comprised of ER, LPR, erosion, hydrogen, biological, and custom. Corrosion instruments consist of portable meters, transmitters, and data loggers. Metal Samples also include corrosion test coupons, holders, insertion systems, Laser supplies and test racks. Laser cladding and manufacturing services are also available. The company’s Monitoring Instruments include an extensive line of corrosion monitoring instrumentation to interface with probes and interpret, analyze, and display the collected data. The instrumentation covers the spectrum from portable meters to

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transmitters to remote data loggers to telemetry systems.

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Metal Samples also offer new instruments include High Resolution Meters, Transmitters and Data Loggers that detect smaller increments of metal loss, providing faster response than conventional instruments (obtaining corrosion rates in hours instead of days).

Not only does the company offer a broad range of monitoring probes consists of electrical resistance, linear polarization resistance, erosion, hydrogen, and biological probes, but also designs and manufactures customized probes to meet the client’s special requirements.

Corrosion Coupons are another product provided by Metal Samples where it includes the world’s largest selection of corrosion monitoring test. Coupons are available in any size or shape, and in more than 2,000 alloys. Coupon holders are also offered as well as coupon insertion systems and coupon test racks. Metal Samples offers Access Systems/ Injection Systems offered for high-pressure/temperature systems to insert and retrieve probes, chemical injection systems, quills, and nozzles.

CORTEM GROUP

DI PIETRO GROUP SRL 2G51

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A leading Italian manufacturer, Cortem Group is offering a wide range of explosion-proof electrical equipment for hazardous areas for around 50 years.

The company is experienced in the Ex field and owns an extensive worldwide sales network of agents, distributors, hubs, and affiliated companies that are able to support clients both technically and commercially.

The company’s core business products are comprised of junction boxes, panel solutions and the LED lighting fixtures and floodlights with the latest LED technology generation with the best performances in terms of lumensand lux. Cortem Group will display examples of new LED lighting equipment at EGYPS 2018 including EWL and EVL series.

The EWL series lighting fixture features a LED plate and a body with fins designed in order to attain the maximum heat dissipation, maintaining a low temperature class (T5 – T100°C). Since the low bay EVL series lighting fixtures has a LED “COB” (Chip on Board), a multichip LED formed from a matrix of LEDs connected together and covered with a layer of diffused phosphorus. This type of technology attains high values of lumen output and the installation at low heights without the risk of distributing

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EGYPS SHOW DAILY

the operator.

All company products are available in different methods of protection and are recognized using primary aluminum alloys, stainless steels, and plastic materials that ensure duration and resilience.

Cortem Group will also exhibit samples of other product categories including the junction boxes, plugs, and sockets that are all needed to attain a complete electrical system. Cortem Group Ex electrical equipment are certified in accordance with the European standard ATEX and the International regulation IEC EX and TR CU standards for the Customs Union formed by the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic and the Russian Federation.

Dipietro Group is a company established in 2008 as a result of the decision of Mr. Antonino Dipietro to merge into one single company three independent companies that were already operating for more than 20 years in site maintenance services, sales of instrumentation and engineering in refineries, and petrochemical plants located in the south of Italy.

Merging companies with people of different technical background, skills and experience, allowed Dipietro to grow quickly and become one of the most important players in the field of analytical system integration, experienced to work worldwide with main EPC contractors and end-users in

refining, chemicals and power.

Few year ago, we successfully approached the field of “turnkey laboratories,” where Dipietro Group is able to handle all the aspects starting from lab, layout and utilities calculation, space optimization, sub-suppliers coordination and installation supervision, becoming the univocal partner for all the laboratory’s main aspects, including furniture, instruments, cupboards, etc.

The company, constituted by technical engineers over twenty years experienced in the field, carries out its activity according with UNI EN ISO 9001:2000 regulations with RINA certification.

DAY TWO

PAVILION NEWS

CRANEMASTER Cranemaster® Improved Operability in Offshore Lifting Reduce waiting time and risk in your offshore installation projects. Utilization of Cranemaster® shock absorbers and passive heave compensators will often lead to significantly improved operational weather window, reduced probability of snap loads, and reduced heave motion. Cranemaster® units are mounted between the hook and the load, expanding your vessel capabilities while protecting your crane and personnel.

Cranemaster® shock absorbers and passive heave compensators enables significant improvements in operability and expansion of weather window for offshore lifting operations.

The Cranemaster® units are robust, reliable and easy to use. The units are designed to reduce impacts in offshore lifts above sea level, through the splash zone and subsea, and they will reduce resonance effects in deep water lifting operations.

Cranemaster® units have been in use for more than 30 years and have proven to be both effective and dependable. The units require a minimum of maintenance and deck space.

High Performance Features For demanding operations, we have developed Cranemaster® units with improved performance and additional functionality.

Available High Performance Features

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2H37 Depth Compensation – for deep water operations • Adaptive Cranemaster® adjustments for all lifting phases • CAST – superior performance for splash zone crossing of demanding payloads • Automatic stroke adjustments for temperature, weight and buoyancy correction • Lock & Release – reduction of rigging height through piston locking • Quick Lift – elimination of re-contact during lift off Lift Engineering Our engineering department can assist with analysis of all lifting phases. Our aim is to give you a clear view of movements, velocities, and forces in crane/winch and load for different wave conditions.

Typically, this includes force analysis in crane/ winch/load during lifts in air or through the splash zone, operational weather window calculations, subsea landing speed analysis or review of the above based on analysis received from the customer.

Levels of lift engineering • Feasibility study. Uses all available information about the lift and the application to determine

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the eventual operational benefit of using Cranemaster®.

• Lift analysis – normal level. Simulation results and weather window using methodology in accordance with DNV RP-H103.

• Lift analysis – extensive level. Full extreme value statistical analysis of the lifting operation.

Cranemaster is exhibiting their technology on the Norwegian pavilion, Stand 2H32. Go there to discuss how you may reduce risk and improve operability during your offshore lifting operations.

Videos are shown demonstrating real offshore operations and simulations are demonstrating the actual lifting benefits obtained during the operations.

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EXHIBITOR NEWS

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SHEARWATER GEOSERVICES

Participating in this year’s EGYPS with aims to exhibit technological advances that suit the client’s needs and explore possibilities with unified business lines, Shearwater is the innovative global provider of 3D marine seismic data acquisitions, land and marine processing and imaging products, and data processing software. The company’s team of experienced professionals is able to display prestigious capabilities through providing consumers a full understanding of the effectiveness of our services.

Shearwater delivers Marine Acquisition, Processing & Imaging, Reveal Processing Software and

Multi-Client services. The company owns headquarters around the globe and provides clients with experienced teams to support projects from beginning to end.

The company operates a fleet of four of the most powerful 3D seismic vessels in the world, ideal for today’s exploration development and production needs.

Shearwater also offers advanced acquisition technology and efficient, powerful, and modern seismic for any 3D or 4D requirement.

The Processing & Imaging teams are able to process and re-process Land and Marine seismic data by combining the latest processing software with experienced geophysicists and

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efficient hardware. The company’s interactive software, Shearwater Reveal, together with expert offshore and onshore processing teams provides the highest quality 2D and 3D imaging of a customer’s geology.

The same processing software is used both on Shearwater’s vessels and its offices. This provides Shearwater teams the flexibility to process customers’ data using the same interface for fully interactive testing and batch processing, from Real Time QC through to model building and depth imaging. The company’s advanced processing software, Reveal, can be licensed to E&P companies as well as seismic contractors and consultants.

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For more than 40 years, TechnipFMC has been creating value in Egypt, offering its clients world-class subsea, surface and onshore services.

Our staff in New Cairo provides our Egyptian clients with a full-service offering and innovative technologies in all segments of operations, from feasibility studies and FEED to lump sum EPC and project management consultancy.We also offer operational, logistic, security and financial support to our projects and entities in Egypt.

We have been operating in Egypt since the mid-1970s in all three main markets: Onshore Since the 1980s, TechnipFMC has been involved in the oil and gas downstream and refinery sector, delivering key projects such as the EPC of MIDOR grassroots refinery; refinery expansion EPC projects in SOPC, ANPRC, APC and ANPRP; the PVC plant at the Egyptian Petrochemical Complex (EPC), including the ethylene import terminal; and basic engineering for the Soukhna grassroots refinery and petrochemical complex (SRPC) and the Assiut Hydrocracker complex.

We also offer Project Management Consultancy (PMC) to support contract execution throughout theproject life cycle and provide a singlepoint of customer contact. We help clients achieve their investment objectives and deliver projects by consulting at every project phase.From technology and licensor selection to management of multinational consortia and delivery of turnkeyprojects, our PMC experts have carried out some of the world’s most challenging and innovative EPC projects.

Subsea For nearly 20 years, we have been engineering and delivering projects for the Burullus Gas Company (Simian, Sienna and Sapphire), and Phase 7 and Phase 8a of West Delta Deep Marine.

We offer unique integrated subsea solutions from the early stages of front-end engineering and design to execution and support over the life of the field. We provide optimized concepts and integrated solutions based on technological innovations and seamless project management.

The full suite of products and services include subsea trees, manifolds, umbilicals, flexible and rigid pipes and installation. Our Integrated EPCI (iEPCITM) offering is a real differentiator and market acceptance has been robust.

Surface We provide well heads, dry trees and other associated equipment that ensure the production of oil and gasboth onshore and on offshore platforms. Since the 1970s, we have delivered many projects to numerous clients in the Red Sea, Mediterranean and Western Desert.

National content TechnipFMC has a strong commitment to cooperating with national companies and developing local knowledge in Egypt. The company meticulously operates on five main aspects: Engineering: Close long-term cooperation with ENPPI, Procurement: Maximization of qualified local manufacturer, Construction and fabrication: Longterm relationship with Petrojet and other local construction contractors, Marine services and installations: Close collaboration with well-established local companies such as PMS for shore approach, shallow water pipelay and provisions of barges and tugs, and Recruitment: Development of young and skilled Egyptian personnel for later employment in operations and maintenance by end-user companies .

Based on our long-standing presence in Egypt, combined with our technical expertise, innovative services and thorough knowledge of our clients’ needs, TechnipFMC delivers solutions that make us the partner of choice for all onshore, subsea and surface projects.

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About TechnipFMC TechnipFMC is a global leader in subsea, onshore/offshore, and surface projects.

With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our clients’ project economics. To learn more about how we are enhancing the performance of the world’s energy industry, go to www.TechnipFMC.com.

IPR Energy Group, based in the USA with global operations, is pleased to participate in the 2018 EGYPS conference and exhibition, and will have a full contingent of technical staff and senior management in attendance representing E&P operations and Oilfield Services.

DAY TWO

EXHIBITOR NEWS

Official Publication

DYNAMIC OIL TOOLS

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In efforts to increase productivity and improve the drainage of a reservoir, Dynamic Oil Tools Manufacturing Co (DOT) meticulously works on improving Upstream completion tools from Shoe to Liner Hanger in order to increase productivity and improve the drainage of a reservoir.

Throughout EGYPS 2018, DOT will be exhibiting products for the Downstream Industry, for catalytic and resin processes for a variety of applications such as Refineries and Petrochemical Processing, Paper Pulp Processing, Mining, Food and Cosmetic Processing, Potable and Industrial Water Treatment, Waste Water Treatment, and Animal Waste Processing. With over 35 years of experience, DOT manages to focus on all the above mentioned products that go through 100% metallurgical quality testing in our own laboratory and are ISO and API certified. A design and service engineering team supports DOT in solving and performing to the benefit of our customers, which will also work on serving the Egyptian Oil and Gas Industry, as well as Process Industry.

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know-how either from its own intellectual property or licensed from global technology suppliers.

DAY 1 WINNER OF RAFFLE DRAW

As one of the fastest growing EPC companies in chlor alkali/caustic soda, hydrogen peroxide, sulfuric acid and calcium chloride, Nuberg serves in the industries of chemicals & fertilizers, hydrocarbon, steel and nuclear and defence worldwide.

A global EPC and turnkey project management company, Nuberg offers single point responsibility solutions and services for engineering and construction of industrial plants, from concept to commissioning. The company delivered over 60 turnkey projects across more than 32 countries over the past 20 years. Nuberg believes in strong and reliable relationship with its clients by providing them best in class services and time commitment to complete the project.

Nuberg delivers projects with best in class quality considering time schedule and budget through its solutions, technology and engineering services. The company provides turnkey project solutions with basic engineering and process

Pursuing a challenge to develop and offer large scale, Nuberg’s prime industrial solutions are offered at affordable price. The company is working on a wide range of global projects including the Middle East and plans to bring EPC and LSTK solutions for turnkey services in engineering, technology knowhow, procurement, design, project management and construction of chemical plants globally.

Nuberg is excited to exhibit at EGYPS 2018 in anticipation of meeting Egyptian and North African government representatives, key project owners, international service providers, consultants and financiers to address the evolving opportunities in Egypt and North Africa. The company’s participation in EGYPS 2018 will help in reaching stakeholders and building and maintaining a relationship with them.

MAGED MAMDOUH AL-KASED GEOCOMP

EVERY DAY at 16:00 EGYPS stand 1H68, Hall 1 Watch out for today's draw to be announced in Show Daily Day 3 EGYPS SHOW DAILY 25

EXHIBITOR NEWS

IPR ENERGY GROUP Exploration & production (E & P) -IPR Energy Group has a strong presence in Egypt E&P operations dating back 36 years. Currently active in 10 concessions as Operator and/or partner, IPR Energy Group will have technical personnel available to discuss unique development and production challenges encountered through its long track record. IPR Energy group will have senior management in attendance at the EGPYS conference and exhibition who will be available for discussion regarding current and future investments within Egypt.

Reservoir Studies – Petroleum services provided by IPR showcases IPR’s vast experience in field production optimization and reservoir simulation studies, reservoir characterization and enhanced oil recovery (EOR), and improved oil recovery (IOR). IPR has been a pioneer in EOR field development technology application worldwide.

IPR Oilfield Servicesis proud to present its vision, services and expertise to the Egypt oil and gas industry.

The Oilfield Services team is comprised of technically qualified experts in drilling, well servicing. The team will be on-site and available to collaborate with other industry professionals regarding technical challenges, and recommendations of best practices for oilfield drilling and servicing operations within Egypt.

Drilling and Workover - IPR Oilfield Services has introduced purpose built drilling equipment which is lighter, smaller and more versatile for developing reserves at 8,500’ and shallower which used to be in the realm of rigs twice the size. With 11 successful wells drilled and completed, the equipment has proved to be fuel efficient and environmentally friendly with a smaller footprint, especially important in agricultural areas. Due to its versatility, fuel efficiency and experienced crews,

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the light weight and quick moving drilling rig is a capable workover and completion unit providing a costeffective way to drill and complete wells using a single unit. IPR is eager to communicate these successes to the EGYPS audience.

Well Servicing – IPR Oilfield Services has introduced pulling unit services with the same concepts as used in drilling operations. Rig #2 is purpose built, easily moved and equipped with a modern, fuel efficient, primary engine and has successfully pulled a series of deep set 9 5/8” packers, an operation formerly performed by larger workover rigs. The IPR team will be available to discuss these successes and the technical requirements of Operators active in Egypt operations.

Chemicals - IPR Oilfield Services is committed to providing quality chemical products for upstream and downstream operations and will have teams available to discuss unique solutions involving chemical application. IPR is particularly involved in demulsification, pour point reduction, corrosion inhibitor and water injection solutions.

Other – IPR Oilfield Services is active in exploring other exploration and production services and can offer polymer application services, Vibro-Seismic production enhancement, remediation services and production monitoring equipment.

IPR will have technical

personnel to answer questions regarding these future services.

IPR has been an active member in the executive committee of IPR as well as a member of the papers’ technical evaluation committee member in EGYPS. During the event, we aim at showcasing IPR services, boostingthe company profile and enhancing our exposure to industry experts worldwide across our distinguished booth #2D48 (hall 2).

WWW.PAN-MARINE.NET

YOUR ONE STOP SERVICES PROVIDER IN EGYPT Offshore Support Vessels - Free Zone Warehousing - Marine Shipping Agency - Logistics Services

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DAY TWO

Official Publication

UNLOCKING E&P PROSPECTS THROUGH NEW TECHNOLOGIES

Finding new oil and gas resources and enhancing production from existing wells are the most important aspects of the upstream sector’s strategy to improve exploration and production (E&P) activities. However, as easy-to-reach hydrocarbons have already been incorporated to the E&P map,the industry faces several challenges to develop oil and gas projects in extreme locations and optimize production from mature fields.

In order to reach ultra-deep waters, high-pressure and high-temperature formations, as well as small accumulations unconventional reservoirs, advances in technology play an indispensable role to meet production goals at lower costs and safer environments. With innovation as one of the Ministry of Petroleum and Mineral Resources’ core pillars to achieve a modernized oil and gas sector, attracting investments and new technologies application represent a step forward in Egypt’s ambitious journey to become a regional energy hub.

In line with the ministry’s efforts, Egypt has applied an array of new and advanced techniques in E&P processes in the past years – and 2017 was no exception. Throughout last year, the country witnessed outstanding results from innovative approaches in E&P projects, which encouraged oil and gas companies to enhance their investments and transfer the most efficient methods in the market to the development of the country’s fields.

In December, Egypt put the untested Red Sea area

on the exploration mapwith a 2D seismic project consisting of an advanced new acquisition and new imaging techniques. Through the new approach, Egypt is expected to integrate all legacy seismic and non-seismic data with a wide insight on the complex subsalt structures. As the new imaging technology offers a better understanding of subsurface areas and helps in better decision making in structurally complex formations, the project illustrates how technology mitigates salt-imaging challenges and unlocks new business prospects.

In a related development, Egypt witnessed the application of the latest version of AGR’s software (AGR P1™) in North El Arish concession area (Block-6), located in the Nile Delta. The most recent version of P1™ is cloud-based and is used to improve the accuracy of well time and cost modelling. The software can be applied to all drilling and well-related operations, including completions and interventions, in order to increase productivity in well planning and anticipate well costs.

Although cloud computing is wide spread among other industries, the technology is a new player on the petroleum sector. Its incorporation to E&P projects represent a great improvement toward efficiency and practicality in data storage, as the new approach eases data access and management, avoids timeconsuming operational developments, and speed up responses from information demand.

In parallel with exploration, using advanced technology during production processes ultimately enables the reduction of production costs and the better understanding of reservoirs, which directly leads to increasing output rates. One of Egypt’s most recent innovative approaches in production activities is the application of a Multiple Discrete Temperature Sensor System(MDTS) in Zohr-2 (North-East culmination) and Zohr-5 (South-West culmination).

MDTS is a wireless temperature monitoring system, which gathers continuous high-resolution temperature profiles from any section of the well. Providing these profiles helps the E&P team to better understand the reservoir and ,hence, better manage the wells.

Compared to MDTS, traditional methods of gathering information from a reservoir after well testing is both more costly and risky, especially in deep water wells.

MDTS saves 15% of the excising costs when testing a single well, while it can save up to 40% when used for a dual well test strategy.

The outstanding results from the application of new technologies highlight the need of continuously attracting new investments into the sector’s technical innovation. As the increase in oil and gas demand remains a fact,rapid technology development blows fresher airs in the petroleum sector’s lungs, building a sustainable oil and gas sector and pushing Egypt forward as a strong market competitor.

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EXHIBITOR NEWS

TUBACEX GROUP

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The Tubacex Group, multinational leader in the supply of seamless stainless steel tubular solutions, is facing a challenging phase with a strategic plan focused on Growth, Diversification and Excellence in service. Three pillars aimed at providing high technological steel solutions developed in co-creation with customers increasing the global efficiency of their projects and processes and reducing total costs of ownership.

Within its strategy to become a global supplier of tubular solutions, TUBACEX has reinforced its fittings and special components extensive production program with the joint venture signed with the Japanese company Awaji Materia in 2017. This strategic acquisition enables the company to complete the fittings range offered until now through TTA (Spain) and IBF (Italy).

On the other hand, TUBACEX has reinforced a service division with a constantly growing product and service portfolio close to clients, while significantly promoting services offered to them: TUBACEX Advanced Solutions. Tubacex Advanced Solutions integrates the global network of own stock and service centers in Spain, France, Central Europe, Houston, Brazil, Middle East, Iran and India (TSS) and all TUBACEX companies oriented to added-value services. The portfolio of services is very extensive and depending on the region it can be even wider: cutting, color coding, beveling, welding, special markings, polishing, cutting, thirdparty inspections or NDT, among others.

As part as TUBACEX commitment in the development of new products, the Group is also working on products treatments in collaboration with TUBACEX INNOVATION Area. More specifically, the company is working on customized solutions based on tubular advance coatings through the subsidiary company Tubacoat.

This ceramic coating products show an outstanding corrosion resistance in different media and thermal conditions, high abrasion resistance, anti-adherent and anti-fouling properties, and improved mechanical hardness. Tubacoat offers efficient and environmental friendly solutions to meet customer needs, reducing operating expenses in real challenging applications, increasing the service life of critical components and thus minimizing the cost of maintenance over the investment lifetime.

As a result of TUBACEX strong organic growth in value added products and services and relevant acquisitions in recent years, the company now covers a manufacturing range in Stainless Steel and High Nickel alloys tubes

HINGENEERING CONSULTING HINGENEERING Consulting is based in Edmonton, Alberta, Canada since 2014. We provide engineering services for oil and gas projects. Our industry niche is to provide structural integrity and reliability solutions for new and existing oil and gas facilities. With a team of experienced professional engineers, the company is committed to achieve complete satisfaction of our clients through timely completion of the tasks using their skills, knowledge and expertise. The company offers services inclluding Structural integrity assessment, rehabilitation and structural reliability solutions of oil and gas facilities in service to extend its design life. Other services include Fatigue life improvement techniques for critical steel connections in high vibrating structures, offshore structures and pipelines, assessment of structural performance through its life time using structural health monitoring techniques, structural engineering services and shop drawings for industrial facilities, and last but not least providing technical sessions about structural integrity and reliability for oil and gas facilities.

Goals and objectives for HINGENEERING Consulting at EGYPS 2018 The company seeks to market its services as a great way to expand their clients by finding foreign niche markets and take advantage of the oil and gas demands and new high profile projects oil and gas project recently or still under development in Egypt in particular and the region at large. Hingeneering Consulting niche services are very important to protect the oil and gas assets and helping our clients for long term reliable maintenance and operation plans. One of the company's goal is to expand the concept of structural safety among the clients by providing the most comprehensive solutions

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and fittings up to 72” OD for applications with a high technology component (Oil&Gas, Petrochemical or Powergen sector, among others).

Offering high technological solutions implies having state of the art manufacturing plants with lean processes and qualified professional teams. The success of the industrial strategy for the Tubacex Group’s plants is based on the implementation of the TUBACEX Production System (TxPS) in each plant, resulting in major improvements in each TxPS area of action with significant and sustainable results in all plants in terms of continuous and radical improvements (customer service, productivity, H&S, among others) and preventive maintenance.

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and/or techniques to achieve that.

Who do we want to talk to during EGYPS? HINGENEERING Consulting services could be provided to a variety of clients.

First are the oil and gas companies i.e. the facilities owners and we can work closely with their maintenance team to enhance the structural functionality of their facilities.

Second, HINGENEERING Consulting can be hired by local EPC consultants and contractors to provide this niche services. Finally, the service companies that regular maintenance services that will require more comprehensive solutions.

By participating in Egypt Petroleum Show (EGYPS), HINGENEERING Consulting had the chance to be featured among 400 exhibitors from over 11 countries delivering a unique and vital platform for industry interaction between National and International Oil Companies, service providers and over 15,000 regional and international attendees. Within Canada pavilion, we had the opportunity to talk to clients, showcase our

expertise, technical skills, technologies and other key services to help deliver growth within the Egyptian and North African oil and gas sector.

Who are your key competitors?

To our knowledge, the local market doesn’t have any consulting work that does that type of work we do.

However, there could be potential competitors from the other countries that will exhibit in EGYPS 2018.

In general, there is a wide broad market that needs such high skills and expertise required to assess the existing facilities as there are a lot of parameters to be considered in order to provide a solid framework solution for structural safety of oil and gas facilities.

DAY TWO

EXHIBITOR NEWS

Official Publication

PETROJET

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With an ambitious portfolio in Egypt, Petrojet ranks today amongst the largest full service construction groups across the Middle East and Africa.

Established in Egypt in 1975, the company utilizes its workforce of 30,000 engineers, technicians and labor and its large fleet of modern construction equipment to provide integrated EPC services to the Hydrocarbon, Power, Industrial and Infrastructure sectors.

Additionally, Petrojet owns five process equipment fabrication workshops, and 2 Marine Fabrication Yards, and two Pipe Coating facilities. The company works in various activity fields including Major Civil, Building & Infrastructure Works, Mechanical Works, Electrical & Instrumentation Works, Trunk Pipelines, Tank Farms, Process Equipment Fabrication, Pipe Coating, and Fabrication of Offshore Platforms & Deep Water Structures.

Petrojet has a packed portfolio in the industry comprising of over 1,500 projects, 140 process plants, Fabrication and Erection of 260,000 tons of Steel Storage Tanks (Cylindrical, Spherical and Cryogenic), and Laying of 25,000 kilometers of trunk Onshore Pipelines with Pipe Diameters up to 66 inch. Other achievements also include 5'000'000

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m3 of poured concrete, for Civil & Building Works, Fabrication and supply of 1,400 units of Process Equipment, Fabrication of 200,000 tons of Various Offshore & Deep Water Structures, and 22,000,000 m2 of pipe coating (concrete, polyethylene, polypropylene and polyurethane).

Serving several fields in the industry, the company prides itself for being a one-stop-shop to its clients.

This is clear from diversity and wide spectrum of activities rendered by the company. Petroject has a strong edge owning a large fleet of modern

䴀伀刀伀䌀䌀伀 ㈀㘀㔀 䈀䐀 娀攀爀欀琀漀甀渀椀 䌀⼀伀 䈀甀猀椀渀攀猀猀 䌀漀渀渀攀挀琀椀渀最 一攀琀眀漀爀欀椀渀最 ⴀ 䌀愀猀愀戀氀愀渀挀愀 ⴀ 䴀漀爀漀挀挀漀

construction plant and equipment to cover the wide range of diversified activities provided. This fleet that is easily maneuvered and mobilized to Petrojet's work sites across the Middle East and North Africa.

Petrojet is committed to maximize the involvement of local companies (subcontractors and vendors), in addition to the employment and hiring of national citizens in its operations thus supporting the technology transfer and economic development of the communities in which it operates.

䴀䄀䰀吀䄀 ㄀ 㠀 Ⰰ 䠀漀漀欀栀愀洀 䘀爀攀爀攀 匀琀⸀ Ⰰ 䜀ᤠ䴀愀渀最椀愀 倀吀䄀

⬀㈀ ㈀ ㈀㔀㄀ 㤀㤀 ㄀㈀㌀ ⴀ ㈀㔀㄀ 㤀 㜀 ㈀ 䘀⸀ ⬀㈀ ㈀ ㈀㔀㄀ 㘀㘀 ㌀㠀㘀

EGYPS SHOW DAILY 29

EXHIBITOR NEWS

PROSERVE

Official Publication

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FLARE CAPTURE TECHNOLOGY IN EGYPT REDUCE RETURN

EMISSIONS, PROFIT

RECOVER

PRODUCT,

Flaring has become a common practice in oil and gas exploration, production and processing operations. It is estimated that 5,200 Billion cubic feet or 147 billioncubic meters of gas is flared worldwide per day; that equates to 3.5% of the global gas production.

As per world bank report, Egypt is flaring more than 2 billion cubic meter annually which contributes a huge loss of energy while Egypt is importing 50% of its gas consumption which from abroad.

Gtuit& Berg chilling systems are partnered with Professional Engineering Services “ Proserve” in Egypt to recover this flare gas and convert it into revenue.

90% of the total gas flared occurs in upstream production areas, where gas may be stranded or isolated by lack of infrastructure. Gas flaring has been routinely used to deal with stranded gas issues such as physical location, lack of infrastructure and contaminants including hydrogen sulphide (H2S).

Recognizing the inefficient nature of flaring practice, oil and gas producers globally are tasked with getting the best value for their resource, minimizing waste and emissions and seeking alternatives to wasteful flaring. With GTUIT’s modular and scalable flare capture system, gas flaring is all but eliminated, turning flares into usable energy, reducing emissions and creating revenue.

GTUIT’s- Berg Chilling modular and scalable flare capture system enables oil producers to improve business sustainability, meet legislative requirements and reduce greenhouse gas emissions by eliminating unnecessary flaring of valuable products that can be efficiently captured and monetized. GTUIT’s proprietary flare reduction technology processes

associated gas at the well-site level, including innovative hydrogen sulfide removal, recovery of Natural Gas Liquids (NGLs), dehumidification of gas and conditioning fuel gas. The GTUIT system is modular, mobile and scalable from 250 MCFD to over 5 MMCFD; based on a gas analysis and flow rates, the correct combination of gas sweetening, gas conditioning, NGL recovery, storage and power generation modules can be specified to meet customer’s requirements.

GTUIT’s – Berg Chilling flare recovery system starts with proprietary flow control to even out the ebbs and surges of oil wells, allowing delivery of product at a consistent flow rate and pressure, translating to increased reliability for all downstream applications.

The gas is then compressed before being sent through our mechanical refrigeration system, which lowers the temperature so that the heavier liquids (NGLs) condense out of the gas stream,recovering over 70% of the C3+ components. Natural Gas Liquids (NGLs) or the Heavy Hydrocarbon Gas (C3+) are often considered an impurity for producers

INTERTEC Reshaping the economics of plant upgrade projects through Intertec’s novel outdoor equipment shelters Offering diverse field protection solutions over 50 years worldwide, Intertec is demonstrating a highly unusual equipment shelter at EGYPS (the Egypt Petroleum Show). Its outdoor PERI SHELTER for protecting field-instrumentation and automation makes all the system components that are required for normal operation accessible via the exterior of the building. This 'inside out' design approach can dramatically reduce shelter sizes, and greatly simplify construction and installation. The company’s concept is being demonstrated at the EGYPS exhibition on the booth of its system integration partner MISC Automation Systems, using a scale model of an example shelter.

Shipping and designing over a million outdoor enclosures since 1965, Intertec is a provider of protection equipment operating in the most crucial conditions whether in Arctic regions or the hottest deserts. The company’s clientele includes the world’s recognized energy and processing organizations and engineering houses that pursue the company in protecting their equipments and instrumentation against climate risks.

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looking to harvest lighter methane (C1) and ethane (C2) but NGLs are a highly profitable commodity.

The NGLs can be stored at site in mobile tankers and transported to plants for further processing or combusted directly in turbines for power generation.

The remaining conditioned fuel gas can be used for power generation, compressed into LNG or CNG on site or exported with new or existing gas infrastructure and pipelines.

All GTUIT – Berg Chilling equipment can be remotely monitored and operated from anywhere in the world, giving the user absolute oversight and control.

The remote monitoring system allows the user to continually monitor, display trends over time and control the equipment in order to optimize efficiency and guarantee safety.

When gas capture is no longer required, or the well is connected to a gas pipeline, our mobile modules can be quickly moved to another site. Equipment takedown and re-deployment can be accomplished in less than 24 hours, minimizing downtime and maximizing NGL recovery and gas capture volumes.

2H21 "PERI SHELTERS can cut project costs by millions of dollars, and cut months off of project timescales" says Intertec's Director for the GCC region, Rohit Nath. "For turnaround projects in existing plants, the unmanned shelters avoid the need to install larger and expensive manned buildings such as satellite instrument houses or remote instrument enclosures.

They fit easily in crowded spaces, close to the process in hazardous areas. And, with the benefit of Intertec's unique hybrid cooling technology, they are also ideal for SCADA applications in remote locations and on pipelines."

Intertec's PERI SHELTER meets a growing problem faced on automation projects. Automation systems are becoming more complex, due in large part to ever more sophisticated safety technology. Adding such equipment into already crowded plant areas - often close to the process in hazardous areas has become a major challenge. And the problems that result can contribute significantly to project cost overruns, a situation that some industry insiders describe as a crisis.

This new outdoor shelter concept has just been proved by Intertec on a current refinery upgrade project in the Middle East. Eight PERI SHELTERS

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are being used to house new PLC-based control and safety systems for the refinery's burner systems.

Panel-mounting enclosures on the exterior provide access to electrical connection and I/O termination points, and cooling systems. A touchscreen HMI panel that sits on an external wall allows operators on the ground to monitor the PLC or make adjustments to control programs locally via an inspection door.

The shelters also feature a novel fault tolerant cooling system that is ideal for Middle East locations, based on a combination of passive and active cooling.

Passive cooling is extremely reliable and operates independently of an electrical power supply ensuring that the shelters remain cool even during a power outage. An additional powered water cooler improves the efficiency of the cooling system. A third air cooler provides an independent back up.

Intertec continues to work on avoiding many design problems and costs through making plant buildings blast proof and fire resistant because personnel might be inside, major reductions in size by eliminating desks, control panels, door opening spaces, aisles/ walkways/escape routes etc, and much simpler internal atmospheric control requirements.

DAY TWO

Official Publication

CREATING AN ECO-FRIENDLY HYDROCARBON

FRAMEWORK: EGYPT’S FUTURE FOR GREEN PRODUCTION The petroleum industry has played an important role in the global economy for many years. In recent times, however, environmental concerns have arisen from the oil and gas operating business, due to the negative impact the industry forces upon the surrounding environment. Production’s harmful effects on the environment are usually generated from emissions to the air and discharges to the sea that occur during operation.

This is why “Quality, Health, Safety and Environment” (QHSE) management has been prioritized by most of the prominent international oil and gas companies (IOCs), which have made a turn toward creating an eco-friendly oil and gas sector, through building a healthy and safe working place for their employees and further by protecting the environment in which they operate.

Steps Forward Oil and gas exploration and production (E&P) activities are high-risk businesses where any error can negatively affect the environment. Therefore, reducing these risks linked to the industry became vital. Efforts to reduce gas flaring, for instance, are slowly gaining support around the world. Even though reducing flaring is still not a common feature in many petroleum fields, the harmful practice could end worldwide by 2030 if pursued efficiently, as outlined by the World Bank’s “Zero Routine Flaring” initiative.

Sustainable Developments Goals Although significant efforts have been made to create an eco-friendly energy sector and increase green hydrocarbon production in Egypt, it is also important to mention that, "Achieving sustainable development requires multisector and multidisciplinary approaches and many of the challenges the Sustainable Development Goals (SDGs) address are beyond an individual company’s capabilities or control. To realize the full potential to contribute to the achievement of the goals, oil and gas companies should engage in meaningful multi-stakeholder dialogue with relevant actors locally and nationally to identify joint SDG priorities and collectively define potential coordinated responses to the SDGs in the local context," according to a new joint report on mapping the oil and gas industry to the sustainable development goals, by the United Nations Development Program (UNDP), the International Finance Corporation (IFC), and IPIECA. With careful planning and implementation, the hydrocarbon industry has the opportunity to be greener and to contribute across all SDGs, either by enhancing its positive economic and social contributions or by avoiding or mitigating negative impacts on the environmental.

Scientists have demonstrated that flared gas can instead be utilized in three ways: LPG/condensate production, recycling, and power generation. These alternatives were studied technically, financially, and economically. The results indicate that the investors’ orientation and vision play a vital role in decision making, especially when a production-sharing agreement is applied, according the European Bank for Reconstruction and Development (EBRD)’s study.

As for reduction efforts in Egypt, the EBRD signed a memorandum of understanding (MoU) with the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), and Ganoub El Wadi Petroleum Holding Company (Ganope) under the auspices of the Ministry of Petroleum and Mineral Resources in 2015. The agreement aims to strengthen cooperation among the parties in four main ways: by reducing the level of greenhouse gas emissions and air pollution, helping with the implementation of international best practices and standards, increasing the competitiveness of the sector, and contributing to energy security in Egypt.

Benefits of Green Production Industry experts believe that implementing eco-friendly techniques and green technologies will protect the environment and benefit oil companies as well. For instance, curbing flare boosts the profit margins of oil companies that invest in the use of associated petroleum gas (APG) rather than merely having it flare. In this line, IOCs could secure a return on their investments to eliminate routine gas flaring if market conditions were amended and improved, Cristian Carraretto, EBRD’s Associate Director for Energy Efficiency and Climate Change, told Egypt Oil & Gas. In Egypt, promoting the elimination of gas flaring would be a prominent asset to the economy, as it would result in considerable savings for the country during the current scenario of budget restrictions. In addition, flare reduction could make a notable contribution to Egypt’s precarious power supply situation and produce tangible environmental benefits, especially as the government is putting greater emphasis upon climate change prevention.

After inking the Paris Agreement COP21, the time is right for Egypt to consider how to incorporate flare reductions into its nationally determined contributions and to further explore opportunities for attracting international climate cofinancing for such efforts, according to EBRD’s study.

Creating an eco-friendly hydrocarbon industry in Egypt is possible, especially when considering that the country has a sustainable development vision with “Egypt Vision 2030.” Yet, more collaboration between stakeholders is essential.

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