Egypt’s Petrojet has delivered a strategic masterstroke in regional oil and gas, securing a major contract to develop a key Algerian oilfield—a move that amplifies Cairo’s ambitions to become a center of energy engineering and cross-border cooperation. This landmark deal not only bolsters Petrojet’s international portfolio but also signals Egypt’s growing influence as a trusted partner for large-scale hydrocarbon projects across North Africa. The ripple effects are set to be felt across the region’s energy landscape for years to come.
## Petrojet’s Algerian Milestone: Project Overview
Petrojet’s latest achievement is the preliminary selection as general contractor for the second phase of the Hassi R’Kaiiz oilfield development in Algeria, a project valued at over $1 billion. This contract, awarded after a competitive international tender, involves the construction of a central processing plant designed to handle 31,500 barrels per day, as well as 217 kilometers of pipelines and related infrastructure. While Petrojet is leading the consortium, Italian engineering firm Arkad is a key partner, reflecting the project’s multinational collaboration.
The Hassi R’Kaiiz field, located in Algeria’s oil-rich central region, is a flagship asset for Sonatrach, Algeria’s state-owned energy giant, and its Thai partner PTTEP. For Petrojet, the project marks one of its largest overseas wins, further solidifying its reputation as a go-to engineering and construction firm for complex hydrocarbon endeavors.
### Strategic Importance of the Contract
The Algerian contract is more than a commercial triumph—it is a strategic coup for Egyptian technical expertise. By exporting its engineers, project management, and fabrication capabilities, Petrojet is helping to redefine Egypt’s role from a regional player to a continental leader in oil and gas sector development. The project is a testament to the company’s decade-long presence in Algeria, where it has previously executed refinery and pipeline works.
In parallel, Petrojet and Sonatrach are reportedly exploring plans to establish joint manufacturing workshops in Algeria. These facilities will boost local content, foster technology transfer, and create a sustainable regional supply chain for fabrication and maintenance—a win for both technical collaboration and economic integration.
## Economic and Diplomatic Impact
The ripple effects of Petrojet’s Algerian win are both economic and diplomatic. On the economic front, the company stands to gain substantial foreign currency revenues, which are vital for Egypt’s macroeconomic stability. The project is also expected to create hundreds of jobs, both in Egypt and Algeria, and open new opportunities for Egyptian
