Egypt Meets the Solutions of Geosteering Technologies


Egypt Meets the Solutions of Geosteering Technologies

From February 12 to 14, Geosteering technologies company participated in the international EGYPS 2018 exhibition, which was held in Cairo. The organizers present this event as a platform to exchange experience in the oil and gas industry, showcase the modern technologies and investment opportunities. In addition, the exhibition helps in bringing in important players in the industry to shape the energy sector in this region, and increase the cooperation opportunities.

This year about 400 local and international companies from more than 30 countries, including Russia, Bahrain, the UK, Germany, India, China, Norway, UAE, Saudi Arabia, the USA, etc. took part in EGYPS. The event was attended by more than 15 thousand specialists. About 40 sessions were held during the three days of the show.

Geosteering technologies received an official personal invitation and took part in the plenary session which was attended by the President of Egypt. The company experts also took part in a gala dinner with the Minister of Petroleum of Egypt.

The exhibition also included series of meetings with the largest companies of the region which are potential customers and representatives of partner-companies that have been working in this market for many years. Egyptian Natural Gas Holding Company, Khalda Petroleum Co, birket Qarun Petrleum Co, Tharwa Petroleum Company, Oil Exploration Services GTI etc. are among them. In the course of negotiations agreements on further cooperation in the field of maintenance services provision and development of joint centers of competence were reached.

"Participation in this exhibition is dictated by the strategic goal of our company which is expansion into the global markets, - says Yury Petrakov, technical and overseas development director of Geosteering technologies. Today the oil market of the Middle East is considered as a launching pad for entering the African region, which will become the most promising in terms of oil production in the coming years. This exhibition demonstrated the interest to the modern and cost-effective solutions. Our program complex "Geonaft" not only completely satisfies the stated requirements, but it is also tried and tested in the largest oil producing companies - Shell, BP, Gazpromneft, Bashneft and the others. This allows to count on significant prospects in this region.