Aamir Naseem, the Vice CEO of Well Solutions at TAQA, informed Al Arabiya Business that TAQA is contemplating an investment in the Egyptian offshore oil well services sector to enhance its targeted growth rates in the upcoming years.
The company is currently operating in Egypt’s Western Desert until the end of the coming year under several contracts signed with Egyptian oil companies, Naseem pointed out.
He added that the firm’s current strategy revolves around doubling and diversifying its investments in Egypt, saying that its investments in Egypt will be tripled or quadrupled in 2024 as compared to 2023.
