Schneider Electric carries out digital transformation plans in Egypt’s petroleum sector

Published on : 2023-03-26

Schneider Electric is currently carrying out digital transformation plans in the Egyptian petroleum sector, according to a statement by the Ministry of Petroleum and Mineral Resources.

The plans come within the framework of a project to develop the petroleum sector, which will contribute to boosting the efficiency of operations.

These plans were discussed by Minister of Petroleum Tarek El-Molla and President for the Middle East and Africa Caspar Herzberg during their meeting in the US, on the sidelines of the CERAWeek 2023 conference.

During the meeting, both parties mulled over ways to reinforce cooperation in the fields of digital transformation in the oil and gas sector.

The meeting also tackled new potential cooperation in training human cadres through a human development program in collaboration with partners as per the highest global standards.

Related Articles

Abu Qir launches a new company with EGP10 billion investments

Abu Qir Fertilizers established a new company named North Abu Qir for Agricultural Nutrients, with an authorized capital of LE 10 billion and paid-up capital of LE 1 billion.

Read More

Egypt: Abo Qir unveils new venture at $323mln authorised capital

Both Abu Qir Fertilizers and Egyptian General Petroleum Corporation will hold a 45% stake in the venture

Read More

Egypt Gas posts 23.6% YoY growth in Q1 net profits

Established in 1983, the company is engaged in the design, installation, operation, and maintenance of natural gas distribution networks

Read More
Wintershall Deaneptune LogoSIEnppipetrojetTransGlobe SCHNEIDER-ELECTRIChempleEgypt gasNorthAlmansooriSKY CTS exxonmobilSchlumberger