# 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.

- Type: Partnership
- Announced: 2017-04-23
- Where: Egypt
- Status: announced
- Products: generators, refining labs
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Siemens](https://endata.com/companies/301.md) (partner)
- [Egyptian Electricity Holding Company](https://endata.com/companies/21503.md) (partner)
- [Egyptian Ministry of Petroleum and Mineral Resources](https://endata.com/companies/23043.md) (partner)
- [Egyptian Maintenance Company for Petroleum Services](https://endata.com/companies/23754.md) (partner)

## Sources

- [egyptoil-gas.com](https://egyptoil-gas.com/news/egypt-siemens-establish-jv-to-boost-oil-output/), 2017-04-23: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.