Company: Petroleum Projects and Consulting
Country: Egypt
Sector: Oil and gas
CEO: Not publicly listed
Website: Not publicly listed
Careers Page: Not publicly listed
LinkedIn: Not publicly listed
Email: Not publicly listed
Headquarters: Egypt
Founded: 1975
Valuation/Revenue: $1,840m revenue (African Business Top 250, rank 89)
Petroleum Projects and Consulting, widely known by its Egyptian trading name Petrojet, is one of the largest petroleum-sector engineering and contracting companies in the Middle East and Africa. Established in 1975 as an Egyptian joint stock company, it operates as a subsidiary of the state-owned Egyptian General Petroleum Corporation (EGPC) and specialises in implementing major oil and gas infrastructure projects.
What Does Petrojet Do?
Petrojet designs, builds and delivers large-scale petroleum sector projects, including pipelines, refineries and related infrastructure, both within Egypt and in other countries across the Middle East and Africa. It provides technical consultation services alongside its core engineering, procurement and construction (EPC) contracting work, positioning it as a key executor of Egypt’s national oil and gas infrastructure development programmes as well as an international contractor competing for projects abroad.
How Big Is Petrojet?
African Business’s Top 250 ranking placed Petrojet 89th by revenue among Africa’s largest companies, at roughly $1.84 billion. The company’s international standing has also been recognised in industry rankings: it placed 130th among Engineering News-Record’s Top 250 International Contractors and 140th among ENR’s Top 250 Global Contractors in the magazine’s 2021 rankings, underscoring its status as a significant contractor by global, not just regional, standards.
Who Owns Petrojet?
Petrojet is state-owned, operating as a subsidiary of the Egyptian General Petroleum Corporation (EGPC), Egypt’s national oil company. As such it is aligned with Egypt’s broader petroleum sector policy and national development objectives rather than operating as an independently listed commercial entity.
Is Petrojet Publicly Traded?
No. As a wholly state-owned subsidiary of EGPC, Petrojet is not listed on the Egyptian Exchange or any other stock market, and detailed public financial disclosures of the kind provided by listed companies are limited.
Where Is Petrojet Headquartered?
Petrojet is headquartered in Egypt, operating as part of the country’s state petroleum sector infrastructure, though a precise, independently verified head-office address was not available in public sources consulted for this profile.
How Old Is Petrojet?
Petrojet was established in 1975, giving it a 50-year operating history as one of Egypt’s principal petroleum-sector contracting companies.
How Does Petrojet Compare to Its Regional Peers?
Within Egypt’s petroleum sector, Petrojet operates alongside other EGPC-affiliated engineering and contracting entities, while competing internationally with major regional and global EPC contractors for oil and gas infrastructure work across the Middle East and Africa. Its position in ENR’s international and global contractor rankings places it among a relatively small group of Middle Eastern and African firms competing at that scale.
Links
Website: Not publicly listed
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed
FAQ
Is Petrojet legit?
Yes. It is a long-established, state-owned Egyptian petroleum engineering and contracting company operating since 1975, ranked among global engineering contractors by Engineering News-Record.
How old is Petrojet?
It was established in 1975.
Who owns Petrojet?
The Egyptian General Petroleum Corporation (EGPC), Egypt’s state oil company, owns Petrojet as a subsidiary.
Is Petrojet publicly traded?
No. It is a wholly state-owned entity, not listed on any stock exchange.
Where is Petrojet headquartered?
In Egypt, as part of the EGPC group of companies; a specific verified head-office address was not available in public sources.
What kind of work does Petrojet do?
Large-scale petroleum sector engineering, procurement and construction (EPC) projects, including pipelines and refinery infrastructure, in Egypt and internationally.