Minister of Petroleum and Mineral Resources Tarek El Molla held a meeting with the Oil and Gas Committee of the American Chamber of Commerce in Egypt (AmCham Egypt) which comprises major American oil and gas companies operating in Egypt.

The meeting reviewed the committee’s activity during the recent period and its future plans in coordination with the petroleum sector in areas of common interest.

During the meeting, El Molla highlighted the importance of cooperation and strategic partnership between the petroleum sector and its foreign partners, with the aim of developing the oil and gas industry in Egypt and achieving common goals.

The Minister stated that this cooperation was one of the factors for the success of organizing a carbon removal day within the thematic days of the COP27 climate summit, as well as the success of the Egypt Petroleum Show (EGYPS 2023), which is gaining great global interest year after year.

The meeting was attended by Amr Abou Eita, Chairman of the Committee and Chairman of ExxonMobil Egypt; Karim El-Dessouky, Vice-Chairman of the Committee and Vice-President of Bechtel and General Manager of the company in Egypt; Anis Aboulnaga, Country Manager of Chevron Egypt; Sylvia Menassa, CEO of the American Chamber of Commerce in Egypt; Hisham Fahmy, CEO of the Chamber’s office in the US; Sherif Hasaballah, the Ministry’s Undersecretary for Petroleum Affairs; Ahmed Khalifa, the Ministry’s Undersecretary for Projects; and Alaa Hagar, the Ministry’s Undersecretary for the Technical Office.

El Molla praised the important role played by the Oil and Gas Committee of the American Chamber of Commerce as a platform for dialogue, convergence of views, and deepening cooperation between the petroleum sector and American oil companies, in addition to presenting important studies and applicable proposals in various fields of industry as well as contributing to training programs and developing the skills of petroleum sector cadres.

For his part, Abou Eita reviewed its various activities during the past year, which included providing intensive training programs within the middle management training program in the petroleum sector, providing studies for best safety practices, and hosting several sessions to exchange experiences on the energy transition and the prospects for the oil and gas industry.

Abou Eita stated that the committee aims during the current year to continue to provide training programs for cadres of the petroleum sector and to support the policies of the Eastern Mediterranean Gas Forum (EMGF) and the Global Methane Pledge, in addition to focusing on transportation, distribution and marketing activities.