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Dailynewsegypt > Blog > Business > Egypt is important regional energy hub for Africa, Mediterranean, and Middle East: US Ambassador
Business

Egypt is important regional energy hub for Africa, Mediterranean, and Middle East: US Ambassador

Nehal Samir
Last updated: 2022/02/16 at 9:15 PM
By Nehal Samir 2 Min Read
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US Ambassador in Cairo Jonathan Cohen said that Egypt is an important regional energy hub for Africa, the Mediterranean, and the Middle East, and has a proven track record of leadership in energy production, distribution, and security, as well as green technologies. 

His remarks came on the sidelines of US government officials and energy companies’ participation in the Egypt Petroleum Show (EGYPS 2022) in Cairo that ran from 14 to 16 February.

EGYPS is a leading energy exhibition in North Africa and the Mediterranean and features leading US companies such as Apache, AspenTech, Babcock & Wilcox, Baker Hughes, Bechtel, Chevron, Emerson, Exxon Mobil, and Halliburton.  

Cohen; Harry Kamian, the Senior Bureau Official for the Bureau of Energy Resources at the US Department of State; and Landon Derentz, the Director for Middle Eastern & African Affairs at the US Department of Energy represented the US Government at the event.

Highlighting the significance of US-Egypt energy cooperation, Cohen stated that the US’ “participation in EGYPS 2022 underscores the central role the energy sector plays in the US-Egypt commercial partnership — a role that is even more important in light of Egypt hosting the COP 27 this year.”  

“The US government and private sector are proud to serve as partners in this vital work and to see a number of US companies sign agreements to provide quality US products and services for local projects,” he added.

During EGYPS 2022, the ambassador will witness several signing ceremonies between US companies and the Egyptian government, including:    

  

ï        Bechtel’s front-end engineering and design contract for work on Egypt’s Suez Petro Refinery project.  

ï        An initiative led by a consortium comprising Bechtel, Baker Hughes, and General Electric to decarbonise existing oil and gas facilities throughout Egypt.  

ï        Apache’s MoU with the Ministry of Petroleum and Mineral Resource to assist the ministry in training middle management employees.  

ï        AspenTech’s MoU with the Petroleum Ministry to provide technical workshops, training, and certification programmes. 

ï        AmCham Egypt’s Oil & Gas Committee MoU with the Petroleum Ministry to execute its training of middle management government employees as part of its Modernisation Programme.  

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TAGGED: africa, Mediterranean, middle east, US ambassador
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