In a dazzling night under the shadow of the magnificent Abdeen Palace in Cairo, Wintershall Dea brought together the company’s partners and friends to celebrate its successful partnerships and stress their long-term commitment to Egypt.
The event, which began with an interesting tour of the royal Abdeen Palace, showcased the deep-rooted German-Egyptian relationship and cooperation, especially in the energy and hydrocarbon sector.
This occasion successfully highlighted Wintershall Dea as a leader in carbon management and low-carbon hydrogen solutions in Europe, North Africa, and beyond.
In a panel discussion on energy security and sustainability, Minister of Petroleum and Mineral Resources hailed the long-standing partnership with Wintershall Dea, stressing that the government role is to make sure that we have the proper fiscal regime, proper legislative terms and the right economic model with our partners. ” And this is something that everybody will see, the stability and the security for any investor to be happy. I think that all expats here are enjoying their stay here in Egypt and they love being here.”
Wintershall Dea’s CEO Mario Mehren; Frank Hartmann, Ambassador of Germany to Cairo; and Houda Allal, General Director of the Observatoire Méditerranéen de l’Energie (OME) also took part in the panel that highlighted Egypt’s role as an energy hub.
“I am very grateful that we are allowed to be a part in the Egyptian energy industry and I am really proud that we and our team feel extremely welcome in this country,” said Mario Mehren, Wintershall Dea CEO.
In a keynote speech, Wintershall Dea COO Dawn Summers stressed the importance of Egypt for her company. “We operate in many countries across the world and Egypt is one of those extremely important countries and has a special place and a very important place in our portfolio,” she said.
Managing Director of Wintershall Dea Egypt Sameh Sabry referred to the changing winds in the energy sphere. However, he highlighted the long-standing commitment to Egypt. “For the past 50 years almost every thing has changed. One of the consistent things is our commitment to this country.”
Hartmann took the chance to refer to the awaited COP27 conference: “We all know that we are looking to the upcoming COP27, and to be honest bilaterally heavily working in contributing our technology in the new fields of green hydrogen and the huge projects, a few people around here this evening are highly engaged in these projects in cooperation with the Ministry of Petroleum.”
Allal saw COP27 as a “chance for our region, but it’s happening even in this difficult moment and it is important to (not only) bring the voices of the realists, but also the optimists.”
The even also witnessed the signing of a Letter of Intent by Magdy Galal, Chairman of EGAS and Wintershall Dea Egypt’s Managing Director Sameh Sabry.