Steve Greenlee, the president of ExxonMobil Exploration Company, said during a meeting with Egyptian Minister of Petroleum Tarek El-Molla that the company is looking to invest in Egypt for the first time by participating in energy exploration and production activities.
Greenlee and El-Molla met on the sidelines of CERAWeek – the World’s Premier Energy Event, taking place in Houston, US. Greenlee said that the company is interested in the bid rounds launched by the Egyptian oil and gas sector for exploration in the Mediterranean and Red Sea.
Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.