BG Egypt hosted a reception at the British Embassy on 25 October to celebrate 20 years of successful energy investment and partnership in Egypt.

The reception to mark the occasion was held in the presence of His Royal Highness Prince Andrew, The Duke of York. It was attended by H.E. Sameh Fahmy, Minister of Petroleum and jointly hosted by H.E. Dominic Asquith, British Ambassador and Sami Iskander, BG Group's Executive Vice President for Africa, Middle East and Asia.

Addressing the many guests, Sami Iskander said: "Here in this garden are people who have played key roles as BG Group’s involvement in Egypt has grown, from our first offshore concessions in the Gulf of Suez in 1989 to our current position as one of the country’s major foreign direct investors – certainly the leading British investor - and a major gas producer serving both domestic and export markets." This would have not been possible, Mr Iskander said, without the strong support of the Egyptian government and people.

While recalling the company’s contribution to Egypt’s rapid development as a major gas producer both for domestic and export markets, Mr. Iskander looked forward to future growth opportunities including the next phases of development of existing concessions such as West Delta Deep Marine, and exploration of the North Gamasa offshore concession awarded to BG Egypt earlier this year.  

Speaking at the event, Egyptian Minister of Petroleum Sameh Fahmy saluted the strong partnership between Egypt and BG, saying that BG’s presence is strategic to the country’s interests. “We look forward to the joint development of ambitious new projects,” he said.

Stressing BG Egypt's commitment to the future of Egypt and its young population, Mr. Iskander announced the launch of BG Egypt's University Linkages Programme:
"A key area both for Egypt and BG Group is strengthening employability skills and industry-academic partnerships. With this in mind, I am particularly delighted this evening to announce a BG Egypt Public School Scholarship with the American University in Cairo (AUC), and a partnership with Cairo University."

The cooperation with AUC is a scholarship to support one student to study in the department of petroleum and energy engineering. This scholarship will be awarded to a new state school student every five years. The partnership with Cairo University is in collaboration with the British Council, and is designed to enhance the English and soft skills of geosciences students, which are essential for employability in a changing world.

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