Petroleum Africa
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Sunday, April 22, 2018
Schlumberger invested $60 million to build a center to improve its operational capacity in Egypt. The center will also offer competitive services and ease the availability of information exchange in the country’s petroleum and gas industry, according to Hussein el-Ghazawy, general manager of the company.
Ghazawy said in his speech at an industry event in Alexandria that Egypt is qualified to implement its national project to become a regional hub of gas and oil, in light of its recent discoveries, vision of leadership, geographical location, infrastructure and facilities for LNG, skilled labor, and issuance of new investment and gas laws.
He pointed out that the company is committed to developing oil and gas resources in its areas of operation in the Nile and Mediterranean basins, where it has been operating for 15 years, as well as applying the latest technologies in the fields of research and exploration and encouraging investment in scientific research in all stages of the oil and gas industry.
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