Regional News

Egypt firms win $6bn Oman deal

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A consortium of Egypt’s Petrojet and ENPPI has secured a six-year engineering, procurement and construction (EPC) framework agreement with Petroleum Development Oman (PDO) covering projects valued at more than $6 billion. 

The Egyptian group was selected among four international bidders eligible for PDO projects. The agreement supports Egypt’s efforts to expand its petroleum-sector exports and strengthens energy cooperation with Oman through knowledge transfer, training, and greater participation of local companies and supply chains.