Arab Finance: Engineer Karim Badawy, Minister of Petroleum and Mineral Resources, held a bilateral discussion session with Lorenzo Simonelli, CEO of Baker Hughes International, and his accompanying delegation, during which he discussed Baker Hughes projects in various fields of the oil and gas industry and its future plans for business development, especially in the areas of energy transition and emissions reduction and their applications in… The field of torch gas recovery and diversification of energy production sources, including geothermal energy, according to statement Ministry of Petroleum.
Badawi stressed that the Ministry, which is working on continuous development and has recently taken many measures and incentives to increase production of petroleum and mining wealth, supports all efforts that seek to do so and contributes to achieving the vital goals of developing all aspects of the petroleum and mining industry, especially digital transformation and environmental excellence projects, which are valuable. Added to work and production.
Simonelli also stressed Baker Hughes’ support for the petroleum sector in its development, and its agreement with the ministry’s vision of seeking to provide more clean, safe energy at a reasonable price, especially in the natural gas industry, as Baker Hughes works to provide all the necessary technologies to support increased production rates, as well as Providing the latest appropriate technologies to support the development of production from obsolete fields.
And the smart recovery operations of torch gases and in all stages of the energy transition. He also praised the Ministry’s path in working to overcome obstacles, reduce the required procedures, work flexibility, and the government’s direction towards diversifying sources of energy production and providing digital solutions through the Egypt Digital Portal for Exploration and Production, which provides distinct investment opportunities by offering bids. Global and easy to respond to all inquiries about it.
Related news
