Egypt partners with American energy giant Noble Energy to bolster position as regional energy hub

EGYPT – Egypt has signed two deals worth $430m with Texas-based Noble Energy Inc., to enhance its position as the regional energy hub for the Middle East and North Africa. The first deal will enable noble energy to pump natural gas through the East Mediterranean Gas Company’s (EMG) pipeline, while the second deal involves the manufacture petroleum products in partnership with Egypt’s Dolphinus Holdings. The agreements were signed on the sidelines of the Investment for Africa 2019 forum by Egypt’s Minister of Investment Sahar Nasr, and the CEO of the…

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