 Eng.Tarek El Molla, Minister of Petroleum and Mineral Resources, met with David Welch, Bechtel’s President of the Europe, Africa, and Middle East region, and discussed Egypt’s ongoing and future projects with him.
The talks covered oil, gas and petrochemicals and Bechtel’s ability to participate in their execution along with other investment opportunities in Egypt. The Minister stressed that, currently, there is an intensification exploratory activity in line with the agreements signed during the last two years, reaching 63 petroleum agreements in addition to the refining and petrochemical projects.
The Minister added that he discussed the possible participation of the Egyptian construction and engineering companies in the projects being carried out by Bechtel, whether inside Egypt or abroad, in both oil and energy activities in general. For his part Welch presented the activities and projects currently being undertaken by Bechtel in Egypt, as well as the North Alexandria project status in the Mediterranean Sea, as Bechtel is the general contractor for the project.
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