Bilfinger Exhibits at EGYPS 2020 and Develops its Business Strategy

01.03.2020

Bilfinger exhibited at EGYPS 2020, which took place in Cairo from February 11 to 13, 2020. The company’s booth attracted the attention of many of the industry leaders.

Dr. Ahmed Soltan, Managing Director of Bilfinger in Egypt, said about EGYPS: “It was an opportunity to exchange the latest knowledge and learn from industry peers.”

Dr. Ahmed was a key speaker in HSSE panel discussion highlighting Bilfinger successful safety culture and record. The company, part of Germany global engineering and industrial services provider, started its Egypt business with Project Management Consultancy services of two projects in the oil and gas sector.

The first project is a bulk liquid terminal for Sonker Company in Sokhna Port. The project is a marine tank farm of total capacity 250,000 cubic meters for handling petroleum products. The second project, for the Arab Petroleum Pipelines Company (SUMED), includes oil products tank farm of total capacity 295,000 cubic meters. This is part of SUMED’s major investment plan for Ain Sokhna Products Hub. Eng. Mohamed Abdelhafez, SUMED Chairman, said Bilfinger showed exceptional performance in the project execution in terms of schedule and HSEQ standards, adding that the company is an important partner for SUMED’s future projects.

Bilfinger’s Egypt entity signed two MOUs with PETROJET and Egypt’s main oil and gas players. During EGYPS 2020, Bilfinger finalized discussions of a Technical Services Agreement with PETROJET - an executive development of the mutually signed MOU. This will entail Bilfinger to act as a technical and engineering consultant to PETROJET in Egypt and MENA. Walid Lotfy, Chairman of PETROJET said: “This is a perfect match that integrates the parties’ competencies and brings in huge business opportunities and returns.”

In parallel with EGYPS, Bilfinger discussed with ENPPI the potential cooperation. Ashraf Bahaa, Chairman of ENPPI commented: “We had constructive discussions on the potential role and technical support Bilfinger can provide in the context of digitization and modernization of Egypt's refineries.”