Egypt’s Petrojet reports robust 2025 year, expands into nuclear sector – ministry

Egypt’s state-owned engineering and construction firm Petrojet is moving into nuclear power while maintaining a strong pipeline of domestic and international projects valued at 246 billion Egyptian pounds through 2029, the Ministry of Petroleum said on Wednesday.

The company reported new contracts worth 121 billion Egyptian pounds in 2025.

The announcement was made at Petrojet’s general assembly, attended by Minister of Petroleum Karim Badawy, who described the company as a key player in national oil, gas, and infrastructure projects. Badawy highlighted Petrojet’s role in securing gas supplies through the regasification vessel project and praised its strong safety record and ethical commitment to protecting workers.

Waleed Lotfy‏, Chairman of Petrojet, said the company became the first Egyptian firm to participate in the El Dabaa nuclear power project, a key element of Egypt’s effort to diversify its energy mix. Lotfy also noted the company’s regional expansion, including work in Saudi Arabia, the UAE, and Iraq, and participation in Saudi Arabia’s Neom megaproject.

Petrojet has prioritised safety and environmental standards, earning SCC certification to operate as a contractor in Europe, and has opened a Safety and Risk Management School in Ain Sokhna, in partnership with BP and Bechtel. The company is also investing in local manufacturing, with new centres in Alamein and Tebbin, and expanding international facilities certified by major energy firms such as Aramco, ADNOC, and Sonatrach.

Lotfy said Petrojet’s workforce development programmes and five-year strategic plan for 2027–2031 aim to bolster the company’s ability to compete regionally and internationally, reinforcing its role as a pillar of Egypt’s ambitious energy and infrastructure agenda.

Attribution: Amwal Al Ghad English

Subediting: Y.Yasser