Egypt, Siemens form JV to boost oil production

The Egyptian Ministry of Petroleum announced a joint venture between Egyptian Electricity Holding, Egyptian Maintenance Company for Petroleum Services, and Siemens to increase oil production by boosting generators and refining labs in oilfields.

“The new JV company will aim to increase oil production through boosting the number of generators and refining labs in the oilfields in order to improve operational efficiency.”egyptoil-gas.com

• 1 source
• egyptoil-gas.comEgypt, Siemens Establish JV to Boost Oil Output | Egypt Oil & GasSarah SamirApr 23, 2017

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