The Minister of Petroleum discusses with a group "Al-Qahtani" Saudi Arabia cooperation and investment opportunities
The Minister of Petroleum and Mineral Resources, Engineer Karim Badawi, discussed with officials of the “Al-Qahtani” group… Saudi Arabia, opportunities for cooperation and investment in oil, gas and petrochemical activities, within the framework of the Ministry’s strategy to attract new investments to the petroleum sector.
The meeting – which was held at the Ministry’s headquarters in the Administrative Capital – witnessed Al-Jadeeda – Reviewing possible opportunities for cooperation and joint investment, most notably the development and production of oil and gas, in light of the package of promising investment opportunities presented by the Ministry in this field on the Egypt Digital Exploration and Production Portal (EUG).
The Minister of Petroleum expressed his welcome to the Al-Qahtani Group’s desire to partner with the petroleum and investment sector in Egypt, and its interest in studying investment opportunities and possible areas of cooperation, which was reflected in holding several joint business meetings. between the two sides during the past few period.
The Minister stressed the speed of work and cooperation on the part of the petroleum sector to facilitate investment and benefit from the distinguished investment opportunities and components in the petroleum sector, while discussing Expanding areas of cooperation based on the capabilities and capabilities available to both sides. The meeting touched on a review of the steps that have been taken to accelerate the basic procedures and studies necessary to prepare for the establishment of the Alamein Petrochemical Complex project in New Alamein, in which the Saudi Al-Qahtani Group participates with Shard Capital. English in cooperation with the Egyptian Petrochemical Holding Company.
In turn, officials of the Saudi Al-Qahtani Group confirmed that the group is open to partnering with the… Egyptian oil and investment in Egypt in light of the availability of attractive opportunities in a number of areas of cooperation and investment components, especially the distinguished infrastructure in Egypt, and they expressed their welcome to enter into investment opportunities in the areas of petroleum industry services, development and production. Oil and Gas.
The meeting included Sheikh Abdul Hadi Tariq Al-Qahtani, CEO of Tariq Al-Qahtani Company and the affiliated oil and gas pipelines and wells operation and maintenance services company. For the group, Sheikh Abdul Malik Tariq Al-Qahtani, Chairman of the Group’s revenue company, Engineer Hossam Ibrahim, Director of Business Development and the Group’s representative in the partnership with the Ministry of Petroleum, and Engineer Moataz Atef, Undersecretary of the Ministry for the Minister’s Office and the Technical Office. And the official spokesman, Engineer Mahmoud Nagy, Undersecretary of the Ministry for Transport and Distribution of Petroleum Products, Yahya Al-Roubi, Advisor to the Minister for Legal Affairs, Dr. Mohamed Radwan, Director of the Egypt Digital Portal for Exploration and Production EUG, and Engineer Ahmed Abu Bakr, Assistant Head of the Central Administration of the Technical Office and the official spokesman.
