Introduction 1-Egypt: Petrojet and Enppi selected to implement projects in Oman exceeding $6 billion

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July 19 (Reuters) - Egypt's petroleum ministry said on Sunday that a consortium comprising Petrojet and Enppi had won a six-year engineering, procurement and construction framework agreement with Petroleum Development Oman, covering a portfolio of projects worth more than $6 billion.

  • The ministry added that, under this agreement, the alliance has become one of four global alliances eligible to compete for projects within the portfolio.

  • The ministry explained that this agreement comes within the framework of Egypt’s strategy to support the expansion of oil sector companies abroad and increase exports of engineering and technical services.

  • The ministry said the alliance is expected to support Oman’s goals of enhancing local value-added through knowledge transfer, training of Omani engineers, and increased participation of local companies and national supply chains.

  • The ministry indicated that this agreement opens new horizons for partnership between Egypt and Oman in the energy sector.


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