Energy Magazine January 2016 | Page 55

MIDDLE EAST transfer of its skills to the mining and exploration industries , aiming to be fully established in these sectors within the next five years .
He explains : “ I don ’ t want ARGAS to be affected by oil prices , so we are expanding horizontally and vertically ; vertically by offering new services – horizontally in two respects – geographically and by offering services to new industries that we are typically not used to working with . ARGAS operates throughout the whole Gulf Cooperation Council region , as well as in Egypt ; we also want to move our operations into Iraq , Sudan and into Syria , once the situation there is stable .”
While competing providers struggle with the fluctuations of the oil and gas markets , ARGAS will be so positioned that it will be able to absorb these shocks while having a more generous budget than its competitors . Diversification also has the potential for a lot of skills transfer between the oil and gas industry and other sectors .
ARGAS operates throughout the whole Gulf Cooperation Council region
www . argas . com 55