Monday, February 27, 2023
During the Egypt International Petroleum Conference and Exhibition (EGYPS 2023) held in Cairo from February 13-15, Kuwait Energy Egypt was busy signing agreements for work in the petroleum sector.
The first memorandum of understanding (MoU) saw Kuwait Energy Egypt and the Egyptian General Petroleum Corporation (EGPC) sign a concession agreement for the exploration and development of the Borg Al Arab in the Western Desert.
An MoU was also signed between Kuwait Energy Egypt and the Ministry of Petroleum and Mineral Resources to work with industry on capacity building for operational safety and asset integration teams. This program aims to enhance the technical and executive competence of middle management at production sites.