Petrojet, a leading regional Engineering-Procurement-Construction (EPC) contractor, and “TAQA” Saudi Arabia (Industrialization & Energy Services Company) a leading well solutions provider in the energy industry, signed a MoU for the establishing of a strategic alliance to explore integrated oilfield projects inAFRICA & Middle East.

The Alliance will leverage the collective capabilities of both companies to identify and seize opportunities in various aspects of oilfield development in Africa & Middle East, including early production facilities, engineering, and fabrication of equipment.

The MoU was signed by the Managing Director of Petrojet & the Executive Vice President Well Solutions of TAQA.

The signing of the MoU is the anchor for several cooperation between the two companies and was executed during the visit of H.E Mr. Majid Al-Qasabi Saudi Arabia Commerce Minister to Egypt.