Egypt Signs Seven MoUs, Agreements for Sustainability, Emissions Reduction

Minister of Petroleum and Mineral Resources

Tarek El Molla witnessed the signing of seven memoranda of understanding (MoUs) and agreements between the oil and gas sector and a number of international companies in the field of sustainability and emissions reduction, during COP27.

El Molla stated that the MoUs came as an extension of the efforts launched by the ministry to enhance the capabilities of the Egyptian oil and gas industry and its capabilities in the field of carbon reduction and environmental sustainability of projects, and to benefit from the best experiences and practices provided by international companies in this field.