Egyptian Minister of Petroleum Tarek El Molla met with Francis Fannon, Assistant Secretary for the Bureau of Energy Resources (ENR) at the U.S Department of State, to discuss cooperation in the oil and natural gas sector, Egypt Oil & Gas reports.

During the meeting, El Molla and his guest reviewed aspects of cooperation between Egypt and the US in the oil and natural gas field, as well as efforts exerted to enhance the investment climate through the Ministry of Petroleum’s Modernization Program.

The ministry is looking forward to attracting exploration and production investments from major US companies, including ExxonMobil and Chevron.

Fannon pointed out his country’s keenness to boost cooperation with Egypt, and to expand oil and gas joint projects.