Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Han-Maurits Schaapveld, Dutch Ambassador to Egypt, to discuss cooperation pathways with Dutch oil and gas companies, the ministry said in a statement.

El Molla stated that the oil and gas sector, and Royal Dutch Shell are constantly working to develop their partnership especially with the growing investment opportunities in exploration and production (E&P) in Egypt.

Dutch companies work in a number of promising areas in the western and eastern deserts, as well as the Mediterranean and the Red Sea, in light of a long history of joint work between the two sides based on commitment, credibility, and success.

A number of major international OIL companies (IOCs) are keen to pump new investments into Egypt in the oil and gas industry after the recent successes, El Molla pointed out, stressing the sector’s keenness to fully coordinate with the successful international companies operating in Egypt, which can lead to achieving new success stories and enhancing mutual benefit.