Its roles Owner EPC
The Petroleum Projects and Technical Consultations Company (PETROJET) is a major Egyptian joint-stock company and leading multidisciplinary EPC contractor in the oil, gas, petrochemical, power, and infrastructure sectors.
Founded in 1975 as the construction arm of the Egyptian petroleum sector, it delivers integrated engineering, procurement, construction, fabrication, and project management services for industrial plants, pipelines, tank farms, offshore structures, process equipment, and civil works including roads, bridges, tunnels, and buildings.
PETROJET operates fabrication yards, manufacturing centers, and pipe-coating facilities in Egypt (including new sites in Alamein and El-Tebbin) as well as in Iraq, the UAE, and under construction in Saudi Arabia. It employs over 35,000 people and maintains a large fleet of modern construction equipment.
The company holds extensive certifications including ASME nuclear stamps (N, NPT, NS, NA), API monogram, and multiple ISO standards. It operates across more than 28 countries in the Middle East, North Africa, and Sub-Saharan Africa, ranking among the top international contractors.
Ownership is dominated by the Egyptian General Petroleum Corporation (EGPC) at approximately 97%, with small stakes held by ENPPI and employee funds. PETROJET participates in major regional projects and serves as a shareholder in Egyptian consortia, including the Abu Tartour Phosphoric Acid Plant.
Also known as بتروجت, شركة المشروعات البترولية والإستشارات الفنية, The Petroleum Projects & Technical Consultations Co., and Petroleum Projects and Technical Consultations Company.
chemXplore tracks 3 projects involving PETROJET, of which 3 are active.
Closest to start-up first.
2 more active projects are in the record. See all 3 in chemXplore →
Main EPC and drilling contracts signed; project targets >3 TCF resources and up to 500 mmscf/d plateau, start-up H1 2028, gas to be processed in Egypt and liquefied at Damietta.
Start-up begins on Phase 2 facility to process up to 100 million scf/d, adding wells, gathering systems and a dedicated export pipeline to boost domestic gas supply.
Valued at USD $500–$750M, the deal covers project management, engineering, procurement and installation support, executed from hubs in Houston, Perth, London and Kuala Lumpur.
Groundbreaking held for the Abu Tartour phosphoric acid plant in Egypt under an EPC joint-venture contract.
Double-digit underlying production growth, new JV and project FIDs, entry into critical minerals, and a larger share buyback with slightly higher 2026 production guidance.
Final Investment Decision for Cronos targets first Cypriot gas in 2028; field holds >3 Tcf GIIP and will route gas via Egypt’s Zohr and Damietta for LNG exports.
Cyprus' first gas field will send about 2.8 Mtpa LNG to Europe via Egypt's Damietta terminal; start-up expected 2028 and half the output will be marketed to Europe.
