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Egypt’s Petrojet awarded USD 100 mn coastal protection contract in Dabaa: Egyptian contractor Petrojet was awarded a USD 100 mn contract by Russian nuclear power equipment provider Atomstroyexport — a fully owned subsidiary of Russian state nuclear firm Rosatom — to implement coastal protection works at Egypt’s 4.8 GW Dabaa nuclear power plant, according to a statement released this week.
What we know: Petrojet’s scope of work will cover 4.2 km, where it will implement earthworks for 2 mn cubic meters and supply and install over 800k cubic meters of rock supply and 91k of concrete breakwaters, according to the statement. Petrojet was the first contractor to join the nuclear project in 2019.
Petrojet has a home advantage: It was recently tapped along with Enppi to develop an EGP 550 mn, 10 MW solar plant for EGPC subsidiary Assiut Oil Refining that would be fully funded by the EU. Petrojet also signed an agreement earlier this year with Egypt’s Abu Qir Fertilizers, along with Swedish-Swiss multinational ABB Group and sustainable infrastructure solutions firm MPS Infrastructure, for the supply of green hydrogen and renewable electricity to produce green ammonia. It was also tapped last year as a contractor for two planned concentrated solar power plants in Egypt’s New Valley.
REMEMBER- Egypt is moving ahead with its nuclear ambitions: Rosatom kicked off the construction of the fourth and final reactor of the 4.8 GW Dabaa nuclear power plant earlier this year. It was contracted in 2015 to handle the construction and provide fuel for Dabaa. It broke ground on the c. USD 30 bn project in July 2022. Construction work was set to begin in the second half of 2020 and completed by the fiscal year 2028-2029, but pandemic-related disruptions led to delays.
