Search DubaiPRNetwork.com

Home >> Energy and Industry

Industrial Internet of Things to Play a Central Role in Future of Egypt's Oil and Gas Sector

Tuesday, May 16, 2017/ Editor -  

Share

Home >> Energy and Industry

 

-    H.E. Tarek El Molla, Minister of Petroleum and Mineral Resources opens Honeywell Oil & Gas Technologies Symposium in Cairo

-    Honeywell Connected Plant solutions to enable Egypt to capitalize on full potential of its oil and gas reserves

Dubai, UAE - May 16, 2017 – Industrial Internet of Things (IIoT) and cloud-based solutions will be key driving forces for the development of Egypt’s oil and gas sector. That was the message delivered and showcased at the Honeywell (NYSE: HON) Oil & Gas Technologies Symposium, held in Cairo yesterday. H.E. Tarek El Molla, Minister of Petroleum and Mineral Resources gave the welcome speech and opening to the event, where Honeywell welcomed government representatives, stakeholders, consultants and partners who gathered to hear from the global technology leader’s oil and gas experts. The Symposium showcased how state-of-the-art connected technology is rapidly changing the way oil and gas organizations operate around the world.  

Khaled Hashem, president, Honeywell Egypt said: “Egypt is one of the most dynamic economies in the region, and the oil and gas sector is critical for its continued development and growth. Honeywell has been operating in Egypt for more than 30 years and during that time, we have worked on some of the most significant energy and infrastructure projects to date in the country. We remain committed to supporting the growth ambitions of Egypt’s economy and delivering technology that helps its industry extract maximum value from its oil and gas reserves. Our connected technologies will help Egypt create more value from its hydrocarbons and we look forward to continuing our work with industry leaders.”

Honeywell’s vast technology portfolio spans refining and petrochemical technologies, catalysts, process and control systems, renewable fuels and chemicals and specialty materials. It also includes industrial safety equipment, fire, gas and smoke detection products, home and industrial security, scanning and warehouse logistics solutions, cockpit controls, mechanical components and connectivity systems for aircraft, automotive turbochargers, defense technology and building management systems. 

 Evangelos Alepochoritis, sales director for Europe, Middle East and Africa at Honeywell Process Solutions, said: “We see a lot of opportunity to expand our presence in Egypt given the huge potential of this country, and we intend to continue our support to the Egyptian oil and gas sector through research, training and innovative product development. In particular, we continue to focus on expanding our IIoT and Honeywell Connected Plant offerings to help improve the productivity and efficiency of Egypt’s existing oil and gas infrastructure, leveraging decades of our experience in the sector.”

Honeywell Connected Plant offerings can bring significant benefits to industrial plants, including reduced downtime, increased efficiency, and improved safety and security. The company’s technology includes physical and cloud-based solutions that monitor, predict and improve plant performance. As the region continues to diversify its process industries in line with regional growth visions, the IIoT will play a critical role in this transformation. 

In addition to the workshop in Cairo, Honeywell is also hosting the Oil & Gas Technologies Symposium in Alexandria, Wednesday May 17 at the Four Seasons. 

 

 

 


Previous in Energy and Industry

Next in Energy and Industry


Home >> Energy and Industry Section

Latest Press Release

Alpha Assured Assistance (AAA) Loyalty Program to ramp up loyalty landscape in t ...

New Intelligent Huawei Phone Wows UAE's Most Stylish at Arab Fashion Week

ADFD, IRENA Open New Round of Funding for Renewable Energy Projects in Developin ...

Augmented Reality safety glasses eye Middle East debut at Intersec 2018

Huawei Unveils Proactive Security System at RSA 2017 Abu Dhabi to Build a Road t ...

Steel Alliance Against Counterfeiting: “Risks posed by counterfeiting put the wh ...

Schneider Electric at ADIPEC 2017: Real-time Data to Revolutionise Oil and Gas I ...

Dubai non-oil foreign trade increases by 13% year-on-year in the third quarter o ...

Fashion Forum by College of Fashion Design (CFD)

Six pairs of Emirati siblings marched together at Skyline's 27th Graduation Cere ...

Dubai Shines as Global Industry Descends on Vod Dubai International Jewellery Sh ...

Myths about Prostate Cancer

H.H. Sheikh Hamdan bin Zayed Al Nahyan Tours the Barakah Nuclear Energy Plant

PLAY FOR PEACE, Spread Good Vibes this Christmas

Runway Dubai Wrapped up an inspiring star studded event with iconic designer, Wa ...

UAE Exchange to Give Away AED 450,000 to Customers Over 45 days

Non-Muslims to secure inheritance distribution through RAK ICC registered Wills

Al Rawdah partners with SAP to implement ERP across all operations

Dubai Sports Council Championship for Football Academies set for a “bigger and b ...

Emirates Transport to launch the first electric-powered school bus in the region