Tuesday, November 28, 2017
Egyptian firm Petrojet and Abu Dhabi’s National Petroleum Construction Company (NPCC) signed a MoU aimed at enhancing oil and gas project cooperation between the two. The agreement was signed by the Chairman of Petrojet, Salah Ismail, and the CEO of NPCC, Aqeel Madhi.
“Both companies are going to work and look for opportunities to partner and execute projects together. Petrojet has been operating in[the] oil sector since 1975, and is looking for opportunities in [the] UAE and Gulf Markets,” said the Petrojet chairman, according to the state-run news agency.
Madhi hailed the MoU as “a golden opportunity for NPCC to win and execute projects in Egypt”.