Suez Oil Refinery in Egypt lent $50 million for energy efficiency upgrades
A London-based bank is supporting the modernisation of Egypt’s oil industry with a $50 million (£39m) loan to support energy efficiency investments at a refinery. Suez Oil Processing Company (SOPC) will use the grant from the European Bank for Reconstruction and Development (EBRD) to improve its refinery’s operational efficiency and introduce cleaner fuel. The measures […]
Shell announces participation in MOC 2019 as Platinum Sponsor
Under The Patronage of H.E Eng Tarek El Molla, Minister of Petroleum and Mineral Resources: Shell Egypt is the 10th Mediterranean offshore Conference and Exhibition (MOC2019) Platinum Sponsor. Shell Egypt announced its participation in the 10th Mediterranean offshore Conference and Exhibition (MOC 2019) as a platinum sponsor. The event will be held from the 15th […]
Qalaa announces operation of Hydrocracker unit at ERC Refinery
Qalaa Holdings announces the successful operation of the Hydrocracker in its flagship project Egyptian Refining Company “ERC”. All the project units are now operating. Qalaa declares all units at ERC are a go: The Egyptian Refining Company (ERC) has successfully begun hydrocracker operations, Qalaa Holdings said in a bourse filing on Thursday. With that, all […]
Interview: Sherif Gabr, Downstream Business Unit Director, Drexel Egypt
OUR SUCCESS STORY: DREXEL EGYPT has successfully completed commissioning tests and Nitrogen activities for the new constructed ammonia sphere and its piping networks in phosphate complex project located in El Ain El Sokhna (one of Hassan Allam Co. Projects) using a new pumping technology with safe manner and low risk. Appreciate the full support from […]
Contractors to start work on Carbon Holdings’ Tahrir Petrochemicals Complex
Contractors to start work on Egypt’s biggest ever petrochemicals plant. Tahrir Petrochemicals Complex – work expected to start on $10.9 billion project. The main contractors are expected to start work on Egypt’s biggest ever petrochemicals project this year, according to James Bishop, managing director of finance at the project’s developer Carbon Holdings. Tahrir Petrochemical Complex […]
Interview with Karim Hefzy, Carbon Holdings’ MD of Project Development
How is the Tahrir Petrochemical Complex (TPC) project progressing? When is it expected to come into operation and what will its production capacities be? As we announced in June last year, Tahrir Petrochemical Complex is a circa US$11bn project that will be financed by debt and equity from investors around the world. Since this announcement, […]
Work proceeds on Egypt’s Midor refinery expansion – TechnipFMC
TechnipFMC PLC has completed remaining conditions required to enable work to begin on an earlier awarded contract let by the Egyptian government for delivery of engineering, procurement, and construction services related to the modernization and expansion of state-owned Middle East Oil Refinery Co.’s (Midor) 115,000-b/d refinery in El Amreya Free Zone, near Alexandria, Egypt. Valued […]
Carbon Holdings sponsors Egypt Petroleum Show EGYPS 2019
Chairman and CEO of Carbon Holdings, Basil El-Baz, will be attending the Egypt Petroleum Show (EGYPS) and will be a key note speaker discussing the petrochemical industry and Egypt’s economy. Carbon Holdings, a mid-to-downstream petrochemical company and catalyst of industrial development in Egypt, announced today that it will participate in and sponsor the 2019 Egypt […]
Agility to manage Logistics for Carbon Holdings
Work will support Middle East’s largest petrochemicals complex. Agility, a leading global logistics provider, has signed a memorandum of understanding to manage logistics at Carbon Holdings’ industrial facilities in Egypt, including construction of the new Tahrir Petrochemicals Complex (TPC). Agility will work with Carbon Holdings, a midstream and downstream petrochemical and process industrial plant company, […]
Qalaa Chairman presents Landmark ERC Case Study at Africa Investment Forum
Qalaa Holdings Chairman Ahmed Heikal Presents Landmark ERC Case Study at Africa Investment Forum in Johannesburg, South Africa. Qalaa Holdings Chairman and Founder Ahmed Heikal showcases US$ 4.3 bn greenfield refinery as a successful example of a private sector-led infrastructure mega-project that will provide a domestic substitute for c. 40% of Egypt’s diesel imports. Ahmed […]
