The European Bank for Reconstruction and Development (EBRD) issued yesterday a procurement notice for a consultancy firm to advise Egypt’s Oil Ministry on its plans to modernize the country’s oil and gas sector. The winning firm would be tasked with facilitating the ministry’s implementation of its seven-pronged modernization strategy and advising on “workflow/business process requirements aimed at increasing integration, governance, transparency, and accountability,” according to an EBRD statement. The bank set EUR 450,000 as the maximum budget for the contract.

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