Egypt's petroleum ministry said on Sunday that a ?consortium of Petrojet and ENPPI ?had been selected for a six-year engineering, procurement and construction framework agreement ?with Petroleum Development Oman covering ?a portfolio of projects worth ?more than $6 billion.
- The agreement makes the ?consortium one of four global consortiums ?eligible to bid for projects within the portfolio, according to the ministry.
- The ?ministry said the deal was part of ?Egypt's strategy to support the expansion of petroleum-sector companies ?abroad ?and increase exports of engineering and technical services.
- The consortium is expected to support Oman's in-country value targets ?through knowledge ?transfer, ?training Omani engineers, and increasing the participation of local companies ?and national supply chains, the ministry ?said.
- The ?ministry said the agreement opened new horizons for partnership between Egypt ?and ?Oman in the energy ?sector.
(Reuters, July 19, 2026)
