Newsletter subscribe
Tag: Enppi
Refinery

Egypt signs deal with Technip, Enppi for Assiut Refinery upgrade

Posted: October 14, 2018 at 2:16 pm   /   Oil & Gas

Egypt has signed a deal with Italy’s Technip to set up a $1.9 billion refinery complex that will be the largest in the country’s south as part of the government efforts to meet local market demands, the petroleum ministry said in a statement on Thursday. The deal, signed between state-owned oil company ENPPI, the Assiut […]

No Comments read more
Enppi-Wood

Enppi, Wood Group sign partnership deal for deepwater gas drilling

Posted: September 25, 2018 at 3:04 pm   /   Oil & Gas

Egypt’s state oil company Engineering for Petroleum and Process Industries (ENPPI) signed a deal on Monday with the UK’s Wood Group for a technical and engineering partnership on natural gas exploration and production through deepwater drilling. In an official statement, Egypt’s petroleum ministry said the inking of the agreement was witnessed by Minister of Petroleum […]

No Comments read more
Dhunseri

India’s Dhunseri looks for a partner for Egypt joint venture EIPET

Posted: May 27, 2018 at 7:40 pm   /   Oil & Gas

Chandra Kant Dhanuka owned Dhunseri Petrochem is looking to rope in a strategic equity partner for its Egyptian venture. The move follows full repayment of the joint venture Egyptian Indian Polyester Company S.A.E (EIPET) outstanding dues and scaling up its holding to 93 %. The company on Friday said it has paid $ 87 million […]

No Comments read more
ZH&P

Zaki Hashem & Partners to advise on Enppi’s IPO – sources

Posted: May 25, 2018 at 2:24 pm   /   Oil & Gas

Egypt’s state oil firm ENPPI is expected to appoint local law firm Zaki Hashem & Partners (ZH&P) as legal adviser for its planned initial public offering (IPO), sources familiar with the matter told Amwal Al Ghad. The IPO, which is part of the government’s programme to float stakes in dozens of state-owned companies and officials […]

1 Comment read more
Enppi

Enppi’s IPO to take place towards the end of this year

Posted: February 23, 2018 at 3:43 pm   /   Oil & Gas

The listing of state energy firm Enppi will take place towards the end of the year, said CEO Mohamed Hathoot. He tells Al Borsa that the company now is working on listing procedures with NI Capital. A number of people involved in the transaction, including the Chairman of CI Capital, which advising on the transaction, […]

No Comments read more
Enppi

Enppi IPO to launch on EGX in Q1 2018

Posted: August 8, 2017 at 2:08 pm   /   Oil & Gas

Enppi will launch an initial public offering (IPO) on the Egyptian Exchange (EGX) during the first quarter of 2018, Egypt’s Minister of Investment and International Cooperation Sahar Nasr said. Nasr agreed with the new EGX’s board on establishing new programmes to innovate new mechanisms for the EGX to speed up the implementation process of the […]

No Comments read more
Baker McKenzie

Baker McKenzie selected as legal advisor for Enppi IPO

Posted: July 10, 2017 at 2:35 pm   /   Oil & Gas

Baker McKenzie was reportedly selected as legal advisor on the listing of up to 24% of state energy company Enppi, sources tell Al Borsa. The international law firm apparently beat out four of the country’s most prominent law firms: Matouk Bassiouny, Zaki Hashem & Partners, and Zulficar & Partners. As noted last week, a consortium […]

No Comments read more

New 150 MW power plant inaugurated at Ethydco complex

Posted: July 8, 2017 at 5:38 pm   /   Electricity & Power

A new 150MW power plant was inaugurated at the complex of the Egyptian Ethylene and Derivatives Company (ETHYDCO) Thursday, at a cost of $98 million. The power plant was built by the Engineering Co. for Petroleum and Process Industries (ENPPI) and the Egyptian Maintenance Company (EMC – Sun Misr), Minister of Petroleum Tarek El-Molla said […]

No Comments read more
CI Capital

CI Capital-led consortium to manage Enppi IPO

Posted: July 6, 2017 at 1:50 pm   /   Oil & Gas

The consortium of CI Capital, Jefferies International, and Emirates NBD Capital has been chosen as the investment bank to manage the initial public offering (IPO) of the Engineering for Petroleum and Process Industries (Enppi). “The Ministry of Investment and International Cooperation, the Ministry of Petroleum and Mineral Resources and NI Capital announced on Tuesday that […]

No Comments read more
Agiba

Agiba commissions Enppi for EPC work on Meleiha field

Posted: June 18, 2017 at 3:00 pm   /   Oil & Gas

Eni JV Agiba has commissioned Enppi to develop crude oil shipping systems from its Meleiha field in the Western Desert, Al Mal reports. Enppi will provide engineering, procurement, and construction works for pumps on the field. A source says the project will be completed within nine months, but did not provide information on the value […]

No Comments read more