The Engineering for the Petroleum and Process Industries (Enppi) said it has concluded contracts for the period from 2024 to 2028 worth some $5 billion.
Petroleum Minister Tareq El Molla on Thursday approved Enppi’s business outcomes for 2023, lauding great achievements made by the company at home and abroad.
For his part, Enppi Chairman Wael Lotfy said the corporation has overcome geopolitical and economic challenges in 2023 thanks to its flexible and efficient business methods to adapt to changes with continuous development, creativity and sustainability.
Enppi was established in 1978 and is currently working under Egyptian Investment Law 8 for 1997. The Egyptian General Petroleum Corporation (EGPC) is the principal shareholder, owning 97% of the total shares of Enppi.
