sector-insights

Egyptian-led venture to expand Algerian oil field

By CityCalc Newsroom · Wed May 06 2026 · Source: AGBI

A consortium led by Petrojet, a subsidiary of state-owned Egyptian General Petroleum Corporation, has signed a $1 billion contract to start developing the second phase of the Hassi Bir Rekaiz oil field in Algeria. The scope includes the construction of a central processing facil…

A consortium led by Petrojet, a subsidiary of state-owned Egyptian General Petroleum Corporation, has signed a $1 billion contract to start developing the second phase of the Hassi Bir Rekaiz oil field in Algeria. The scope includes the construction of a central processing facil…

Curated by CityCalc from AGBI. Read the full article at the source.

Related articles

Continue exploring