February 12, 2020

The Arab Contractors Company and Petrojet signed MOU to implement petroleum projects in Equatorial Guinea

On the sideline of Egypt Petroleum Show “EGYPS 2020” under the slogan “North Africa and The Mediterranean: Delivering the Energy Needs of Tomorrow” which inaugurated by President Abdel Fattah El Sisi in the presence of Dr. Moustafa Madbouly – Prime Minister, Eng. Tarek El Molla - Minister of Petroleum and Mineral Resources and the high officials and chairmen of the top international petroleum companies; within the directions of President Abdel Fattah El Sisi for the Egyptian companies to cooperate and contribute in the development and infrastructure projects of the African countries. in the presence of Eng. Tarek El Molla - Minister of Petroleum and Mineral Resources and his Guinean counterpart Mr. Gabriel Mbaga Obiang Lima. Minister of Mines and Hydrocarbons Republic of Equatorial Guinea; Eng. Mohsen Salah – CEO and Chairman of the Arab Contractors Company and Eng. Waleed Lotfy - Chairman Petrojet signed MOU to cooperate in the implementation of oil and gas future projects in Equatorial Guinea through the establishment of a national Guinean company to implement the petroleum projects there. The signing ceremony was in the presence of Eng. Ibrahim Mabrouk – Head of Africa Sector, Eng. Alaa Amer – Managing Director of the Guinean Arab Contractors Company, Eng. Amany Khodeir – Manager of the Technical Follow-Up for Africa and number of officials from Petrojet Company. it is a noteworthy that the Arab Contractors Company exists in Equatorial Guinea since 2003. His Excellency Mr. Teodoro Obiang Nguema – President of the Republic of Equatorial Guinea honored the Arab Contractors Company with the Medal of Merit from the First Class for its implementation of mega developmental projects on record time and according to the highest quality. These projects includes: Pico Road, designing and construction of Basila’s Statue and Church in Pico Mountain, Nguema - Copoe Road, Malabo Water Networks, Pico Broadcasting Building, Presidential Ceremony Hall, Fish Town Residential City in Malabo and the new Egyptian Embassy Complex in Guinea.