Abu Dhabi – Mubasher: National Petroleum Construction Company (NPCC), a part of Senaat Abu Dhabi, has signed a memorandum of understanding (MoU) with Egyptian company Petrojet with the aim of exploring new opportunities in the Egyptian market and GCC states.

The agreement stipulates mutual cooperation between the two parties to implement projects in their target markets, the Emirati company highlighted in a statement.

The deal has been inked by both the CEO of NPCC Aqeel Madhi and chairman of Petrojet Salah Ismail on the sidelines of the recently held Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC).

It is worth mentioning that NPCC was in talks with Saudi Aramco over establishing a number of projects in the future.