The Abu Dhabi National Petroleum Construction Corporation (NPCC) and the Petroleum Project and Technology Consulting Company (Petrojet) signed a strategic agreement to explore opportunities for the development of petroleum resources in the UAE and Egypt.

NPCC stated: "Petrojet's ability to execute oil, petrochemical, industrial and marine projects of different nature and scale within and outside Egypt has been proven." The MOU is a step in exploring major opportunities, providing the rich experience of the two companies and will Business expansion into new areas of interest. NPCC is a subsidiary of the National Marine Dredging Company, which is listed in Abu Dhabi. It has operations in the Arabian Gulf, South Asia and Southeast Asia, and plans to expand to Africa and the Caspian Sea.

The company has a fleet of 23 offshore vessels equipped with modern equipment to support its shallow and deep water operations. As of March 2019, NPCC has implemented more than 1,216 EPC projects. NPCC CEO Ahmed Al Dhaheri said: “We will continue to strengthen our partnership with Petrojet through a strategic agreement to explore growth opportunities that benefit all entities.” Key words: Engineering construction, engineering news

In 2021, Abu Dhabi National Petroleum Corporation signed a US$744 million contract with NPCC to fully develop the offshore Belbazem block to increase its light crude oil production capacity to 45,000 barrels per day, the first barrel of oil is expected It will be realized in 2023. It also signed a preliminary agreement with France's Technip Energies to form a joint venture to carry out energy transition projects in the UAE and the wider Middle East and North Africa.Editor/XingWentao