Egypt Oil & Gas, Ministry of Petroleum welcome new NOC members to EOG committee

At an open dialogue meeting in Enppi’s Cairo headquarters, new members of the Egypt Oil & Gas (EOG) Committee from Egypt’s national oil companies (NOCs) were jointly welcomed by Egypt Oil & Gas and the Ministry of Petroleum and Mineral Resources.

The meeting was attended by many industry leaders from the Ministry, international oil companies (IOCs), and NOCs.

The Ministry’s Undersecretary of the Technical Office Alaa Hagar opened the meeting by pointing out that Minister of Petroleum and Mineral Resources Tarek El Molla has emphasized the importance of EOG’s role in uniting the sector’s stakeholders together to work for one purpose. “He wanted the EOG taskforces to be a platform for cooperation between IOCs and NOCs in order to exchange ideas on the challenges and opportunities we face as a sector,” Hagar said. “[It’s] also to help the acceleration of efforts to secure a sustainable future for the sector in our beloved country. I am confident that this platform will provide a unique opportunity for NOCs and IOCs to foster deeper partnerships and engagements.”

EOG Committee Chairman David Chi, who is also the Vice-President of Apache Corporation and Country Manager for Apache in Egypt, started the session by outlining the importance of the EOG Committee’s work and the Minister’s tireless efforts in COP27. “The Committee has been very successful for many years in making a very significant impact, sometimes directly [or] sometimes indirectly,” Chi said. “I want to congratulate the Ministry’s team, and His Excellency [the Minister of Petroleum and Mineral Resources] in particular, for a very successful COP27 Decarbonization Day.” 

EOG Group Founder and CEO Mohamed Fouad also delivered opening remarks, praising El Molla for Decarbonization Day’s success and announcing that the EOG Committee is about to celebrate its tenth anniversary at the 8th Egypt Oil & Gas Convention set to take place next week.