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February 17, 2020

Schlumberger announces Egypt Upstream Gateway project

Oilfield services company Schlumberger has announced a partnership with the Egyptian Ministry of Petroleum to introduce the Egypt Upstream Gateway (EUG) project.

By Himaja Ganta

Oilfield services company Schlumberger has announced a partnership with the Egyptian Ministry of Petroleum for the Egypt Upstream Gateway (EUG) project.

The Egypt Upstream Gateway project will help digitise subsurface information. It will deliver a platform to improve the safety of Egypt’s subsurface data.

Schlumberger CEO Olivier Le Peuch said: “Schlumberger is very proud to have been selected for this unique partnership.

“We’re looking forward to creating an industry-first solution, that will transform not only the Egypt oil and gas core processes but also will serve as a benchmark for many countries and basins in the future.”

Schlumberger said that by leveraging its GAIA digital subsurface platform the EUG provides value-added solutions.

The company’s DELFI cognitive exploration and production (E&P) environment capabilities and technologies power the GAIA platform, launched by Schlumberger’s geophysical data solutions division WesternGeco.

It provides access to all applicable and licensed data. This speeds up data discovery, screening and ranking of exploration opportunities.

Le Peuch added: “The future of the oil and gas industry is digital and the EUG marks an important moment that will open a new, high-performance future for Egyptian oil and gas.”

In September, Schlumberger introduced the Ora intelligent wireline formation testing platform. This enables real-time decisions in a Cloud-native environment.

Also in September, Schlumberger and Norwegian survey service firm TGS announced a strategic collaboration. They will cooperate on a new 3D seismic reimaging project in the Egyptian Red Sea.

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