Baker Hughes GE signs EGP 1 bn contract with Petrojet

Baker Hughes GE signed a EGP 1 bn contract with state-owned Petrojet which would see it consult on expanding Petrojet’s industrial services for the oil and gas exploration, according to a Oil Ministry statement picked up by Al Mal. Petrojet hopes to manufacture, build and test offshore structures and components for the Zohr gas field's production. Baker Hughes will also advise on expanding the company’s product offering and creating manufacturing standards for the company.