Shell Signs Two MoUs for Decarbonization, Capacity Building at EGYPS 2022

Shell Signs Two MoUs for Decarbonization, Capacity Building at EGYPS 2022

On the sidelines of EGYPS 2022, Shell has signed two memoranda of understanding (MoUs) to cooperate with the Egyptian government on decarbonization and building capabilities, a press release stated.

Shell signed an MoU with the Egyptian Natural Gas Holding Company (EGAS) to cooperate in decarbonizing natural gas production and processing facilities in Egypt to support energy transition.

According to the MoU, the two companies will work on determining the options available to decarbonize the Egyptian gas industry and assess the feasibility of decarbonizing these facilities. Also, they will identify the targeted facilities which the Ministry of Petroleum and Mineral Resources is interested in decarbonizing, exchange the best practices for decarbonization strategies, as well as evaluating the technical and financial feasibility of these strategies.

On this occasion, Kaled Kacem, Country Chairman and Managing Director in Shell Egypt, said “Shell is proud of this development cooperation with EGAS which aims to decarbonize the energy sector in Egypt. This cooperation with the Egyptian government aids in setting up organized frameworks to support decarbonization opportunities, reach clean energy and thus achieve sustainable development goals (SDGs).”

He affirmed that Egypt and all countries worldwide seek to achieve net zero emissions and that he takes pride in the partnership between Shell and the Egyptian Government to find innovative technical and commercial solutions for providing energy with the lowest carbon emissions.

Meanwhile, Shell signed another multilateral MoU with a number of oil and gas companies to support the fourth phase of the Middle Management Program in the Petroleum Ministry as a part of the Modernization project to prepare excellent petroleum leaders.

According to this MoU, the trainees will receive full and comprehensive training based on the international standards and the latest practices to enrich their professional expertise and reflect positively on their performance and their working environment.

The training programs include sessions featuring potential job simulations with Shell’s experienced employees, providing participants with experiences that enhance their capabilities, in addition to training programs targeting selected participants and provided by Shell employees inside the company itself.



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