Egypt cooperates with foreign partners on extensive oil drilling program

During the meeting, the pair mulled the available investment opportunities to British companies wishing to invest in the field of oil and natural gas in Egypt

The Egyptian petroleum sector is currently implementing an extensive drilling program in cooperation foreign partners to make new oil discoveries and increase production, Minister of Petroleum and Mineral Resources Tarek El-Molla said in a meeting with the British Ambassador to Cairo Gareth Bayley.

During the meeting, the pair mulled the available investment opportunities to British companies wishing to invest in the field of oil and natural gas in Egypt.

They also discussed the key role played by the East Mediterranean Gas Forum (EMGF) in supporting regional and international integration.

Additionally, Bayley pointed out that some British oil and gas companies seek to review and study the available investment opportunities in Egypt.