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Tag: Downstream
Hempel

Hempel launches Hempafire XTR 100 for hydrocarbon passive fire protection of O&G downstream assets

Posted: June 25, 2022 at 9:53 am   /   Oil & Gas

After 10 years of continuous success in the passive fire protection (PFP) market with its cellulosic range of products, Hempel today launched its first product for the hydrocarbon PFP segment: Hempafire XTR 100. Providing UL 1709-certified hydrocarbon passive fire protection in a lightweight coating with low dry film thicknesses, Hempafire XTR 100 offers significant safety […]

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aramco

Aramco inks supply, offtake deal with Egypt’s Red Sea PetChem Complex

Posted: February 19, 2022 at 12:29 pm   /   Oil & Gas

Aramco inks supply, offtake deal with proposed Egyptian integrated complex: Saudi Aramco’s Aramco Trading Co. has executed a long-term, nonbinding agreement to supply 100,000 b/d of Arabian crude oil to Red Sea National Petrochemicals Co.’s grassroots integrated refining and petrochemicals complex to be built on the Gulf of Suez. Saudi Aramco’s Aramco Trading Co. (ATC) has executed […]

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Refinery

Six European banks to provide $1.5 bn finance for Assiut refinery’s new mazut hydrocracking complex

Posted: February 17, 2022 at 7:53 pm   /   Oil & Gas

Several of Europe’s biggest banks are providing us with USD 1.5 bn to finance the construction of the new mazut hydrocracking complex at the Assiut refinery, the Oil Ministry said in a statement yesterday. A syndicate of six European banks put pens to paper on the sidelines of the Egypt Petroleum Show yesterday to lend money for the […]

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El Molla Bloomberg

Egypt to Reach Self-Sufficiency in Refined Oil Products by 2023 – El Molla to Bloomberg

Posted: October 26, 2021 at 11:14 am   /   Oil & Gas

Egypt to Produce Enough Energy to Meet its Needs by 2023. “We’re doing great in refined products,” says energy minister. Country is seeking to sell more LNG via long-term contracts. Egypt said it’s on target to produce enough fuel to cover its own needs by 2023. The country will reach its goal thanks to upgrades […]

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Anchorage

Anchorage Investments to develop $2.5 bn petrochemical mega-project in Suez Canal

Posted: October 5, 2021 at 12:30 pm   /   Oil & Gas

The project is expected to help increase the annual domestic production by 812 thousand tons and create more than 2,500 new jobs in the sector. Egypt’s new investment law provides legislation and guarantees that encourage foreign investments. Anchorage Investments, a company specializing in the development, investment and operation of industrial projects in the petrochemical sector, […]

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Misr Methanol

Petroleum Ministry to establish a new $1.6 bn methanol plant in Ain Sokhna

Posted: August 26, 2021 at 2:19 pm   /   Oil & Gas

The Oil Ministry has formed a new state-owned petrochemicals company that will join Methanex in producing methanol in Egypt. A shareholder agreement has been signed establishing Misr Methanol and Petrochemicals, which will manufacture methanol, ammonia, and other petrochemicals, the Oil Ministry announced in a statement. Around USD 1.6 bn will be invested in the first phase of Misr […]

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Bechtel

Bechtel inks two agreements for Ain Sokhna’s $7.5 bn petchem complex

Posted: July 11, 2021 at 12:29 pm   /   Oil & Gas

Bechtel to lead design + construction of Africa’s largest petrochemicals complex: US construction giant Bechtel will lead the design and construction of the USD 7.5 bn petchem complex being built by the Red Sea National Refining and Petrochemicals Company in the Ain Sokhna industrial zone under two agreements signed with the Oil Ministry over the […]

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Ain Sokhna

Egypt signs agreement for major petrochemical plant in Ain Sokhna

Posted: May 1, 2021 at 1:50 pm   /   Oil & Gas

Egypt launches $7.5bn petrochemical plant in Ain Sokhna: Egypt has signed an agreement for a major petrochemical plant in Ain Sokhna, with an investment of $7.5 billion. Egypt has signed an agreement for a major petrochemical plant in Ain Sokhna, with an investment of $7.5 billion. Egyptian Prime Minister Mostafa Madbouly attended the signing ceremony […]

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Nijhuis Saur

Nijhuis Saur Industries awarded contract for Egypt’s new ANOPC Complex

Posted: April 6, 2021 at 12:23 pm   /   Oil & Gas

The main EPC contractor Petrojet has awarded Nijhuis Saur Industries the Engineering, Manufacturing and Procurement order to supply the industrial wastewater treatment plant for the new ANOPC hydrocracking complex in Egypt. The leading regional full-service construction group Petrojet has awarded Nijhuis Saur Industries the prestigious engineering and procurement order to supply the wastewater treatment package […]

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Sidpec

Egypt’s Sidpec advances expansion of Alexandria petrochemicals complex

Posted: February 13, 2021 at 11:41 am   /   Oil & Gas

Sidi Kerir Petrochemicals has implemented process automation improvements from Honeywell International to upgrade production capabilities as part of the expansion of its petrochemical complex in the El-Amerya—El-Nahda Territory of Alexandria. Egyptian Petrochemicals Holding Co. (ECHEM) subsidiary Sidi Kerir Petrochemicals Co. (Sidpec) has implemented process automation improvements from Honeywell International Co.’s Honeywell Process Solutions (HPS) to upgrade […]

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