Petrojet | Egypt Oil & Gas - Part 11

NCIC Awards EPC Contract to Enppi

El Nasr Company for Intermediate Chemicals (NCIC), an affiliate to the Armed Forces National Service Authority, has awarded a new management services contract to Enppi, the Company reported. Under the contract, Enppi ...

Natural Gas Grid Expansion Exceeds Target

Egypt has achieved a remarkable rate of connecting residential units to the natural gas grid, by adding about 1.76 million units since July 2018, according to a statement by the Ministry of Petroleum. The number of un...

Petrojet Completes Major Projects in Suez Canal

The Ministry of Petroleum revealed that Petrojet has successfully implemented a number of projects valued at EGP 22 billion, in coordination with the Armed Forces Engineering Authority, Al Ahram reported. Projects inc...

Petrojet, Russian CNIITMASH Sign MoU for Nuclear Projects

Egypt’s Petrojet signed a memorandum of understanding (MoU) with Russia’s JSC RPA CNIITMASH to cooperate in establishing nuclear projects in the Middle East and North Africa (MENA), Al Mal News reported. The MoU was s...

Petrojet Revenues Hit New Record High

Petrojet achieved a new record in revenues exceeding EGP 26.5 billion in 2018, with a 12% year-on-year growth, Egypt Oil & Gas reports. The surge in revenues is attributed to the unprecedented volume of contracts ...

Ennpi, Petrojet Sign Training Protocols with AASTMT

Engineering for Petroleum and Process Industries (Enppi) signed a cooperation protocol with the Arab Academy for Science, Technology and Maritime Transport (AASTMT) for training, scientific research, higher education ...

Enppi’s IPO to Take Effect before June

Engineering for Petroleum and Process Industries (ENPPI)’s initial public offering (IPO) on the Egyptian Exchange (EGX) is expected to take place before the end of the first half of 2019, Minister of Petroleum T...

Egypt Cooperates with Arab Region States

Egypt has been keen to invest in the Arab region in order to boost international cooperation between the region’s countries, the Arab Weekly reported. Two seismic surveys in the Red Sea and southern Egypt have b...

Enppi, Petrojet Complete 60% of Gas Expansion Project in Jordan

Egyptian engineering, construction, and procurement (EPC) company Enppi and Egyptian Petroleum company Petrojet have completed 60% of their natural gas network expansion project in Jordan, Al Ahram reported. The proje...

Petrojet Awarded $33M Contract for Dock Revamp

Egyptian petroleum company Petrojet has signed a $33 million agreement for dock revamp work in Damietta governorate, Trade Arabia reported. The contract, awarded by Egypt’s Holding Company for Maritime & Lan...

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