US EditionEgypt’s Petrojet Gets $1bn Contract for Algeria Oil Field
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The Egyptian company Petrojet has won a contract worth $1.087 billion for the development of the oil field of Hassi Bir Rekaiz, Algeria. This major project is part of the company's ongoing efforts to strengthen its presence in regional and international markets. According to Karim Badawi, Egyptian Minister of Foreign Affairs and...
AGBI
Europe SaysEgypt’s Petrojet gets $1bn contract for Algeria oil field
Egypt’s state-owned Petroleum Projects and Technical Consultations Company (Petrojet) has received a preliminary award of $1.1 billion to serve as the main contractor for the second phase of Algeria’s Hassi Bir Rekaiz oil field development. The project will be developed by a consortium comprising Petrojet and Italy’s Arkad Spa to expand the joint venture between Algeria’s Sonatrach and Thailand’s PTTEP, the Egyptian cabinet said in a statement. …
Petrojet secures an Energy Contract with Sonatrach and PTTEP in Algeria | The Middle East Observer
Egypt’s state-owned Petroleum Projects and Technical Consultancy Company (Petrojet) has received preliminary approval to serve as general contractor for the second phase of Algeria’s Hassi R’Kaiiz oil field development, a project valued at $1.087 billion, following a competitive international tender. The contract marks one of Petrojet’s largest overseas wins to date and reinforces its standing […]
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