29 int’l deals inked in EGYPS 2020 – Egypttoday

  • Date: 14-Feb-2020
  • Source: Egypt Today
  • Sector:Economy
  • Country:Egypt
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29 int’l deals inked in EGYPS 2020 – Egypttoday

Eight deals were signed with US giants Bechtel and Chevron Corporations and British Petroleum (BP) company.. Some other deals were inked with Schlumberger international, Italy's Landi Renzo and Saipem companies, Shell Egypt, Canada's Methanex Corporation, Germany's Siempelkamp and Europe's Neptune Energy company.. The ministry also signed a deal to cooperate with Neptune Energy Company in exploring for oil and natural gas in the Gulf of Suez with $35 million investments.. The Egyptian General Petroleum Corporation also signed a cooperation agreement with British Petroleum (BP) Company on fueling ships.. A consortium of Egyptian companies including the Egyptian Natural Gas Holding Company (EGAS), the Egyptian International Gas Technology (Gastec), and the Natural Gas Vehicles Company (CAR GAS) signed two deals with the Italian Landi Renzo company for locally assembling of the natural gas supply stations and the components needed for converting vehicles to run on natural gas in Egypt.. EGYPS is the largest oil and gas conference and exhibition across Egypt, North Africa and the Mediterranean.. Egypt reviews preparations for Belgrade International Tourism Fair.