Methanex Egypt has signed a new agreement with the Ministry of Petroleum and Mineral Resources to support the next phase of the country’s energy sector capacity-building programme, with a strong focus on safety and operational reliability.
The deal, finalised on the sidelines of EGYPES 2026, marks the launch of Wave III of the initiative. It aims to strengthen process safety management (PSM) frameworks and enhance asset integrity across Egypt’s oil, gas and petrochemical industries.
Under the agreement, a series of specialised training modules will be introduced to improve workforce capabilities and embed a stronger safety culture aligned with international standards. The programme is designed to address both technical competencies and leadership development, supporting long-term sector resilience.
Mohamed Shindy, managing director of Methanex Egypt, said, “Through initiatives like Capacity Building Wave III and our recently launched PSM professional diploma with AUC and the ministry, we continue to support efforts that develop capabilities, nurture future leaders, and enable safer, more reliable operations across Egypt’s energy industry.”
The initiative builds on previous collaboration between the two parties, including a US$1mn agreement signed during the 2025 edition of EGYPES. That earlier partnership introduced a professional diploma in process safety management in collaboration with the American University in Cairo, aimed at equipping industry professionals with advanced safety knowledge.
Officials said the latest phase will further strengthen human capital development by promoting best practices in risk management, operational safety and infrastructure reliability. The programme also aligns with the ministry’s broader strategy to modernise the energy sector while prioritising workforce safety and sustainability.
Industry stakeholders view the initiative as a key step towards reinforcing safety standards across Egypt’s energy value chain, particularly as the sector continues to expand and adopt more complex technologies.
By focusing on structured training and knowledge transfer, the programme is expected to support safer operations and improved performance across upstream and downstream activities.
