Masoud Suleiman, Chairman of the National Oil Corporation, met with Lorenzo Simonelli. Simonelli is the CEO of the American company Baker Hughes. Suleiman also met with other Baker Hughes leaders. These leaders represented the North Africa and Middle East regions. The meeting took place in Florence, Italy. It was held on the sidelines of Baker Hughes’ annual global summit.
The discussions focused on enhancing cooperation. This cooperation is between the NOC and Baker Hughes. It aims to support the NOC’s plans. These plans include increasing production. They also involve developing oil and gas sector infrastructure. This occurred during a broad gathering of senior oil and energy officials worldwide.
The two parties also discussed introducing modern technologies. These technologies are for drilling and production operations. They considered contributing to national training programs. These programs aim to qualify national staff. This will enhance professional efficiency. It will keep pace with global developments in the oil and gas industry.
Masoud Suleiman highlighted Baker Hughes’ crucial role. This involves projects to boost production capacity. The NOC plans to implement these projects this year. He stressed the importance of increasing local content. This will contribute to improving the national economy.
Suleiman stated the meeting reflects the NOC’s commitment. The NOC seeks to expand strategic partnerships with global companies. This ensures the NOC achieves its sustainability goals. It also boosts production capacity. This demonstrates the NOC’s dedication to supporting the national economy. This is achieved through developing the oil and gas sector.