Riyadh – Sharikat Mubasher: Petrojet, the engineering arm of the Egyptian General Petroleum Corporation, secured a SAR 600 million ($160 million) contract to carry out civil works at King Saud Air Base in Saudi Arabia, a senior Egyptian official told Asharq Business.

The contract covers connections, protection, and electrical networks, as well as sewage and water lines linked to a power plant that will be built by a consortium including Saudi firms Alfanar and Isam Khairi Kabbani Group alongside Petrojet. The project is expected to be completed within 18 months of signing.

Petrojet, which operates in 14 regional and international markets, reported new contracts worth EGP 112 billion ($2.32 billion) as of March, with 60% of its business coming from outside Egypt. The company is also pursuing projects in Saudi Arabia, the UAE, Iraq, Algeria, Oman, Kuwait, and in non-traditional markets such as Mozambique, Angola, Congo, and Croatia.