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Article: Hill International and Egyptian Ministry of Petroleum Enter Agreement to Create New Joint Venture Company

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Al Bawaba
Article date:
June 24, 2008
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Hill International and Egyptian Ministry of Petroleum Enter Agreement to Create New Joint Venture Company

Hill International, the worldwide construction consulting firm, announced recently that it has entered into an agreement with the Egyptian Natural Gas Holding Co. (EGAS) and the Egyptian Natural Gas Co. (GASCO), two subsidiaries of the Egyptian Ministry of Petroleum, pursuant to which they will form a new joint venture company that will provide project management services primarily on oil and gas projects throughout the Middle East and Africa. The new company, Hill International Petrol (Egypt) Ltd., will be owned 50% by Hill and 50% by the Ministry of Petroleum's subsidiaries. "This new ...

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