Continental Focus, International Reach

Egypt and US Sign MoU

Tuesday, July 30, 2019

Egypt and the US signed a MoU to boost bilateral cooperation in the oil and gas industry. The MoU was signed in Cairo by Egyptian Minister of Petroleum and Mineral Resources Tareq Al Molla and US Secretary of Energy Rick Perry, according to a statement released by the Egyptian Petroleum Ministry.

The agreement is aimed at facilitating an exchange of technical information, consultancy services and the transfer of technology in the fields of oil and gas exploration, production and refining, as well as petrochemicals, the statement said.