Both sides discussed ways to exchange experiences and transfer modern technologies through the expansion of joint workshops, according to Ministry of Petroleum statement.
A wrap-up for the most prominent business news of the day.
Baker Hughes will provide project management, engineering procurement, fabrication, testing and transportation of a subsea production system.
GE’s subsidiary Baker Hughes is planning to enter in the field of oil and gas exploration in Egypt.
Baker Hughes, a GE Company has won a major contract to provide a wide range of services to develop Papua New Guinea's first offshore gas field which is seen as a new model to help producers adapt to a world of low oil prices.
Oilfield services provider Baker Hughes (BHGE.N), now part of General Electric Co (GE.N).