Minister of Petroleum and Mineral Resources Karim Badawi conducted a meeting with the CEO of SLB Olivier Le Peuch during which they reviewed the available investment opportunities through Egypt Upstream Gateway (EUG) to develop brownfields.

The meeting addressed the fruitful cooperation and strategic partnership between the two sides as well as the company’s support to the initiatives launched by the Ministry of Petroleum and Mineral Resources (MoPMR) especially digitalizing the sector through EUG.

The two sides also discussed how to enhance cooperation in the field of emission reduction. They also tackled carbon capture and storage (CCCS) in the offshore Nile Delta, according the memorandum of understanding signed in EGYPS 2022.