BILATERAL NEWS MONTHLY
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In our 25th year as a widely recognized global cross-industry resource, the Bilateral Chamber continues to transition and expand with the evolving landscape of international commerce by designing and implementing timely and relevant commercial opportunities for our U.S. and international members and stakeholders across the full geographic and economic spectrum.
As we advance and embark on ventures in new territories, we are pleased to highlight our recent programs and offer a glimpse into exciting programs coming next month and beyond. We also welcome four new world-renowned leaders to our Advisory Board. Our new Board of Advisor members are not only experts in their fields, but they are widening the scope of knowledge and possibilities in the broader healthcare, space, and clean energy industries.
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Peter Hotez,
M.D., Ph.D.
Co-Director, Texas Children’s Center for Vaccine Development
Dean,
National School of Tropical Medicine and Professor of Pediatrics and
Molecular Virology & Microbiology, Baylor College of Medicine
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Charles F.
Bolden, Jr.
Founder and CEO Emeritus of The Charles F. Bolden Group
12th Administrator, National Aeronautics and Space Administration (2009-2017) |
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Clay Neff
President
Chevron Middle East, Africa, South America Exploration and Production Company |
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Ndubuisi (ND) Maduemezia
Vice President - Investor Relations
Schlumberger Limited |
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Save the Date
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FINANCING THE GLOBAL ENERGY TRANSITION
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Members Only Executive Roundtable Networking Events
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March 8-9, 2022
Houston, Texas
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Join us for a series of high-level, members-only Boardroom Sessions to engage directly with key decision-makers representing the African countries of Egypt, Libya, and Equatorial Guinea for an exclusive in-depth discussion on their respective near-term energy sector projects with a focus on clean energy initiatives and their role in the global energy transition, their foreign direct investment landscape, and investment opportunities available to U.S. companies.
We are pleased to announce that joining the Boardroom Sessions will be senior officials from the U.S. Department of Energy (DOE) who will provide a candid perspective on the U.S. government's role in supporting the African energy sector, Mr. Eric Miller and Ms. Paula Swain, Export-Import Bank of the United States (EXIM), and Mr. T.J. Raguso, Amegy Bank and EXIM Advisory Committee Member, who will discuss public and private sector resources available for project finance investment in the African energy sector.
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| Egypt Executive Roundtable |
Tuesday, March 8, 2022
Houston, Texas
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His Excellency Tarek El Molla
Minister of Petroleum and Mineral Resources
Arab Republic of Egypt
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Libya Executive Roundtable
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Wednesday, March 9, 2022
Houston, Texas
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Mustafa Sanalla
Chairman
National Oil Company
State of Libya
Member
Bilateral Chamber
Board of Advisors
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Dr. Khalifa R. Mohammed Abdulsadek
Chief Executive Officer
Murzuq Oil Services
State of Libya
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Imad Benrajab
Deputy CEO
Murzuq Oil Services
State of Libya |
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| Equatorial Guinea Executive Roundtable |
Wednesday, March 9, 2022
Houston, Texas
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His Excellency Gabriel M. Obiang Lima
Minister of Mines and Hydrocarbons
Republic of Equatorial Guinea |
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| Guyana Trade Mission |
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On March 20-23, 2022, the Bilateral Chamber will lead a trade mission to the rapidly developing South American country of Guyana. The Bilateral Chamber-organized and executed trade mission will advance U.S. business interests and commercial objectives in Guyana through economic, legal and political briefings from U.S. and Guyana government and private sector officials, one-on-one meetings, networking events, various industry roundtables events, and relevant site visits.
With its recently discovered massive oil fields, Guyana has become one of the fastest-growing economies in the world. As a result of its economic boom and development, Guyana holds significant direct investment and export opportunities for U.S. companies in many economic sectors including oil and gas, renewable energy, financial, information and communications technology, infrastructure, agribusiness, and healthcare.
If you are interested in learning more about this trade mission or commercial opportunities in Guyana, please email us at sukejna@bilateralchamber.org.
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| Highlights from EGYPS |
February 14-16, 2022
Egypt
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In its 25th year, the Bilateral Chamber and its members once again played key roles in EGYPS 2022. Bilateral Chamber members, Chevron, Saudi Aramco, Bechtel, and Apache, respectively, each signed significant agreements during EGYPS and Bilateral Chamber CEO, Ms. Aida Araissi, led multiple EGYPS panels.
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Photo Credit: Egypt Oil & Gas
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Photo Credit: Saudi Aramco
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An MoU was signed between Egypt’s Cooperation Petroleum Company (Copetrole) and Chevron to promote cooperation in providing oils, fuel stations activities, and commerce in oils and chemical products.
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Bilateral Chamber Board member and Chairman of Aramco Trading Company, Mohammed Y. Al Qahtani, signed a non-binding crude oil supply and product offtake agreement with Egypt’s Red Sea National Petrochemicals Company on behalf of Aramco Trading.
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Photo Credit: Bechtel
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Photo Credit: Egypt Oil & Gas
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A coalition of energy transition leaders, including Bilateral Chamber member Bechtel, Enppi, Petrojet, GE, Baker Hughes, HSBC, and the National Bank of Egypt – signed a Memorandum of Understanding during EGYPS 2022. The coalition will provide execution, technology, and financing expertise for a new initiative to support decarbonization of select downstream facilities in Egypt, aligning plans with the country’s leadership of the COP27, UN Climate Change Conference 2022.
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The Egyptian Ministry of Petroleum and Mineral Resources and Apache Corporation signed an MoU to boost future cooperation to develop Khalda Petroleum Company and Qarun Petroleum Company, after the merger of the two companies in a unified commitment agreement in December 2021.
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Bilateral Chamber Board Members Dr. John Ardill, ExxonMobil; Clay Neff, Chevron Middle East, Africa, South America Exploration and Production Company; and Martin Houston, Tellurian provided insights at the Egypt Petroleum Show Strategic Conference.
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Bilateral Chamber CEO Aida Araissi was joined by David Chi, Apache Egypt; Sameh Sabry, Wintershall Dea; and Todd Wilcox, HSBC Egypt to talk about the significance of bolstering partnerships to boost energy investment & support project financing.
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Aida Araissi, Bilateral Chamber; Sara Akbar, Oilserv; Walid Sheta, Schneider Electric; Colin Hu, Huawei Technologies; Sherif Foda, NESR; and Osama Hanna, Microsoft convened to discuss digital transformation and its effects throughout the entire energy
value chain.
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The Women and Men as Enablers of the Clean Energy Transition panel featured Bilateral Chamber CEO Aida Araissi; Sara Akbar, Oilserv; Nicolas Katcharov, Energean; Diane Frachon Schlumberger; and Layla El Hares, Siemens Energy.
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Bilateral Chamber CEO, Aida Araissi, and H.E. Dr. Mohamed Maait, Egypt’s Minister of Finance, announced the winners of the Finance Leader of the Year and Financial Institution of the Year awards. Congratulations to our member, Dragon Oil’s Ahmad Ali Bin Obood, Chief Finance Officer, on winning the EGYPS 2022 Finance Leader of The Year Award at EGYPS 2022.
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