Schneider Electric to showcase EcoStruxure™ platform in Egypt Petroleum Show (EGYPS) 2020
- The exhibition is an excellent opportunity to meet experts and world's major companies and showcase the latest technologies in the oil and gas sector: Eng. Sheta
- Schneider Electric contributes to refining 30% of global oil production and 80% of oil and gas transportation and storage, through its EcoStruxure™ digital transformation platform: Eng. El Ardy
Cairo, February 2020: Schneider Electric, a global leader in energy management and automation, will participate in the fourth edition of Egypt Petroleum Show (EGYPS), which will be held under the patronage of His Excellency President Abdel Fattah El-Sisi, during the period 11-13 February 2020, at the Egypt International Exhibition Center, under the title “North Africa and the Mediterranean ... Delivering the Energy Needs of Tomorrow”.
During the show, Schneider Electric will showcase the latest applications of digital transformation for a sustainable future in the oil and gas sector, mainly the company's digital transformation platform EcoStruxure™, which provides integrated solutions for the management systems of oil and gas stations and petrochemical plants to ensure the highest levels of safety, reliability and production sustainability.
Eng. Walid Sheta, Regional President of Schneider Electric Egypt, North Africa and the Levant, said: “EGYPS is an excellent opportunity to meet experts and the world's major companies operating in the oil and gas sector and showcase the latest technologies in the sector, especially with the oil discoveries seen recently in Egypt. During 2019, a total of 55 new petroleum discoveries were declared (40 oil fields - 15 gas fields) in the Mediterranean, Western Desert, Eastern Desert, the Gulf of Suez, the Nile Delta and Sinai regions. Furthermore, Egypt has achieved the highest rate of oil production in its history, which amounted to about 1.9 million bbd of crude oil, gas and condensate”.
Eng. Sheta added: "The MENA region is expected to require at least 267 Gigawatts of additional energy for power generation by 2030, an increase of 66% over the current generation capacity level. However, clean and renewable energy still encounters challenges in terms of relying on it independently; thus, technologies that achieve safety and reliability in the production of fossil fuels should be adoptd, which is what we are working on at Schneider Electric."
Eng. Hassan El-Ardy, Vice President Power Systems Business Unit for Schneider Electric Egypt, North East Africa &Levant Cluster, said: “Through EcoStruxure™ digital transformation platform, Schneider Electric contributes to refining 30% of global oil production, and 80% of oil and gas transportation and storage. It also enables, through its products and solutions in the oil and gas sector, the achievement of green oil strategies in order to conserve the resources and achieve the highest rates of production and proactive maintenance, thus ensuring uninterrupted production under the umbrella of the highest levels of safety and reliability”.
Eng. El-Ardy added: “In light of the paramount importance given by the Egyptian government to oil and gas projects, it is natural that such project are managed using the topnotch technologies that ensure the highest degrees of safety and sustainability. Schneider Electric has been honored to be chosen as a major success partner, for the supply of major equipment for Zohr field, as well as for the gas fields in West Delta and Abu Rudeis. As the petroleum discoveries in Egypt continue, Schneider Electric will strive to be the partner of choice for the oil sector through the technology it provides via its EcoStruxure™ digital transformation platform to serve the oil and petrochemicals sector".
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