Egypt

British Harbour Energy Acquires Wintershall Dea’s Nile Delta and Mediterranean Concessions

Published on : 2024-06-02

Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Harbour Energy CEO Linda Cook to witness the signing of an agreement for the British company Harbour Energy to acquire the concession areas of the German company Wintershall Dea in Egypt.

The agreement was signed by Yasseen Mohamed, CEO of the Egyptian Natural Gas Holding Company (EGAS); Sameh Sabry, Senior Vice President and Managing Director for the Middle East and North Africa at Wintershall Dea; and Howard Landes, General Counsel for Harbour Energy.

Following their meeting, El Molla highlighted Egypt's advanced petroleum infrastructure and the expertise of its skilled workforce. He welcomed the British company's entry into the Egyptian market, emphasizing its potential to bring new investments and advanced technologies. He also acknowledged the successes achieved in collaboration with Wintershall Dea and expressed his hopes to continue this success with Harbour Energy.

Linda Cook expressed her enthusiasm for investing in Egypt's petroleum sector and expanding operations, aiming to make Harbour Energy one of the leading energy companies in the country.

It is noteworthy that Harbour Energy had previously announced its acquisition of Wintershall Dea’s assets in several countries, including Egypt.

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EnppipetrojetSCHNEIDER-ELECTRIChempleEgypt gasNorthSKY CTS exxonmobilhttps://www.shell.com/CPCADESSLBTam oilfieldIPR energy groupEthydcoHarbour EnergyVaalco EnergyUEE