EGYPT: Baker Hughes, Petrosafe Sign Contract to Help Reduce Emissions from Oil and Gas Flaring

Baker Hughes and Petrosafe, a subsidiary of the Egyptian General Petroleum Corporation (EGPC), announced a contract that will mark the first deployment of Baker Hughes’ flare.IQ technology in refinery operations in Egypt to help reduce emissions from oil and gas flaring operations.

This initial phase of a broader flare recovery partnership will be implemented at the APC Refinery in Alexandria.

The Egyptian Ministry of Petroleum and Mineral Resources (MoPMR) aims to reduce emissions and improve the efficiency of oil and gas operations as part of its ambitious aim to reduce greenhouse gas emissions from this sector.

Source: Nasdaq