Assiut Refinery lets contract to Bechtel for modernization project
Assiut Petroleum Refining Co. (ASORC), a subsidiary of Egyptian General Petroleum Corp. (EGPC), has let a contract to a subsidiary of Bechtel Corp., San Francisco, for a grassroots unit to be built as part of ASORC’s $1.5-billion modernization program at its 4.5 million-tonne/year refinery in Assiut, Egypt, about 400 km south of Cairo. Bechtel Hydrocarbon […]
Expansion of gas production tops state priorities for next period
Egypt currently consumes about 73m tonnes of oil, 33m tonnes of this is directed to the electricity sector. The Cairo Oil Refining Company (CORC) is currently working on launching a new plant to refine about 4.2m tonnes of crude oil annually into liquefied petroleum gas (LPG) and other petroleum derivatives, Egyptian General Petroleum Corporation (EGPC) […]
Bechtel’s ThruPlus® Delayed Coking Technology Selected for Assiut Refinery in $1.5bn upgrade project
Company Partners with Assiut Oil Refining Company (ASORC) for a New Delayed Coking Unit. “Implementation of Bechtel’s ThruPlus® technology combined with our delayed coking expertise and extensive experience of our people will increase the efficiency of the Assiut refinery” — Dan Olsen, president of Bechtel Hydrocarbon Technology Solutions. Bechtel has signed a license agreement with […]
Video: Refining oil and gas (Total)
How to refine oil and gas? Different types of crude oil look different: some are black and viscous, others are brown and fluid. But none of them can be used as is in car engines, boilers or manufacturing units. They first have to be converted into various finished products through refining For more information, visit […]
Video: Downstream Industry Axens 2016 Market Outlook
How did 2015 crude oversupply affect fuel demand and refined products demand? What were the consequences for refiners? What are the 2016 forecasts? How will the 2015 Paris Agreement influence this context? Axens Marketing & Communications Vice President Eric Benazzi looks back at 2015 oil and gas market highlights and gives his insight on 2016 […]
WorleyParsons lands Project Management Consulting project for Assiut Refinery
WorleyParsons is pleased to announce that it received last week a Letter of Award from a new customer, Assiut Oil Refining Company (ASORC), a subsidiary of the main NOC Egyptian General Petroleum Corporation (EGPC), for work on the Assiut refinery in Egypt. The contract sees WorleyParsons establishing a significant new customer relationship with one of […]
Egypt seals deal with Azerbaijan on refining crude in local plants
The Egyptian government has reached an agreement with Azerbaijan on refining 500,000 barrels of crude oil a month in the Egyptian refineries, and exchanging Egypt’s naphtha with petrol 95. In statements to Al Mal newspaper, the head of Egyptian General Petroleum Corporation (EGPC) Mohamed Al Masry said that the agreement aims at using spare refining […]
MIDOR signs $1.2 billion loan agreement
Egypt’s state-owned Middle East Oil Refinery Company (MIDOR) has signed an initial loan agreement with three banks for $1.2 billion, the state news agency said on Tuesday. The loan represents around 80 percent of the cost of its $1.4 billion Alexandria refinery lab expansion, while the remaining $230 million will be self-financed, MIDOR Chairman Mohamed […]
Egyptian Refining Co to start output at country's largest refinery in Q1 2017
The Egyptian Refining Company, a subsidiary of one of Egypt’s largest investment companies Qalaa Holdings, will start production at its $3.7 billion oil refinery in the first quarter of 2017, managing director Mohammed Saad said. The refinery, which has a capacity to produce 4.2 million tons of refined products annually, the largest in Egypt, will […]
Emerson to Automate Carbon Holding's Tahrir Petrochemicals Complex in $150 million Contract
Automation and reliability programs for world’s largest naphtha cracker plant will support efficient, high-availability production of plastics and related materials for local and export markets. Emerson and Carbon Holdings, the privately owned Egyptian petrochemical firm, today announced that Emerson Process Management has been selected to provide automation and reliability technologies and services for Carbon Holdings’ […]