Oil & Gas
Petrojet awarded $90m gas pipeline contract in Oman
Egypt’s oil and gas services provider Petrojet has been awarded a contract worth $90 million to established a gas pipeline in Oman’s Duqm city, the Ministry of Petroleum stated on Sunday.
This contract was granted by Oman Gas Company, said the ministry.
Earlier, Oman Gas Company awarded the Egyptian firm a contract to build Salalah Gas Loop Line project, which gas started in February 2016 and is expected to be ready in a year’s time.
In 2015, Petrojet reported EGP 7.3 billion revenues, higher 24% as compared to 2014, while the total value of awarded contracts stood at EGP 11.5 billion.
(Source: Mubasher)