Bilfinger Tebodin Middle East has signed an engineering master service agreement with oil and gas contractor PETROJET in Egypt
This Agreement is an executive development of a strategic cooperation MOU signed in December 2018 by both parties. With this agreement, Bilfinger Tebodin Middle East will act as a technical and engineering consultancy partner to PETROJET
Ahmed Soltan, Bilfinger Tebodin Middle East Egypt, managing director, commented, “The signed agreement with PETROJET reflects Bilfinger Tebodin Middle East plans of strategic cooperation with the market-leading entities in Egypt’s oil and gas sector.”
Jon Rokk, president and CEO, Bilfinger Middle East, said, “Egypt is booming, and it offers broad potential and growth opportunities, especially the oil and gas and infrastructure sectors. We believe Bilfinger can play a leading role in Egypt based on our extensive portfolio.”
Eng. Nasser Abdelaal, Bilfinger Tebodin Middle Egypt, executive director, added, “With this agreement, Bilfinger Tebodin Middle East will be an engineering partner with PETROJET in Egypt with a potential opportunity to extend cooperation outside Egypt.”
In 2018, Bilfinger Tebodin Middle East Egypt started its business activities with the services of Project Management Consultancy (PMC) for two oil and gas projects. The first project is Sonker Bunkering Company's bulk liquid terminal in Sokhna Port, and the second project is for the Arab Petroleum Pipelines Company (SUMED).
The project includes a fuel oil tank farm with supporting facilities and utilities located on the Suez Gulf, and was inaugurated in November 2019 by President Sisi. The two projects are part of Egypt’s vision of becoming a regional hub for the petroleum and gas trade.
