The Arab Contractors Company board chairman Eng. Salah Mohsen signed on Wednesday a memorandum of understanding (MoU) with Chairman and Managing Director of the Egyptian Petroleum Projects and Technical Consultations Company (PETROJET) for the implementation of joint petroleum projects in Equatorial Guinea.
Another agreement was signed between PETROJET and Guinean Minister of Mines and Hydrocarbons, Gabriel Mbega Obiang for joint working on petroleum and refining projects in Equatorial Guinea.
The signing ceremony was attended by the Egyptian Minister of Petroleum and Mineral Resources Eng. Tarek Al-Molla during day two of the Egypt Petroleum Show (EGYPS 2020).
Al-Molla has also signed an agreement with his Somalian counterpart Abdulrashid Mohamed Ahmed to enhance the cooperation between the two countries in the petroleum and mining industries.
It is noteworthy that several agreements were signed on the sidelines of the first day of EGYPS 2020, led by an agreement between ECHEM and Bechtel to work on a $6.7 billion refinery and petrochemicals complex in the Suez Canal Economic Zone (SCZE).
“EGYPS 2020” Exhibition
This exhibition is considered the most prominent platform in the energy field in North Africa and the Mediterranean region.
This year’s edition attracts more than 270 speakers from industry experts locally and internationally.
At least 15 international oil companies and more than 450 exhibitors will take part in the event.
The US and France, the UK, Germany, China, Canada, Norway, India, the UAE, Spain, Italy, Greece, Scotland, Bahrain, and Cyprus will have pavilions at the exhibition.
It also includes a variety of activities, including 36 technical sessions, 10 strategic sessions, and 4 seminars.
The participants will discuss funding and investment issues in the petroleum industry, as well as health, safety, environmental protection and the role of women in the energy sector.
The exhibition will allow attendees and exhibitors to showcase new projects, technologies, key products and services to help deliver growth within the Egyptian and North African hydrocarbon sector, according to its official website.
Contributed by Hassanain Tayea
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