AMOC | Egypt Oil & Gas - Part 2

AMOC to Offer 20% Stake on EGX

Egypt's Minister of Finance, Mohamed Maait, has announced that a further 20% of the Alexandria Mineral Oils Company (AMOC) will be offered on the Egyptian Exchange Market (EGX).

HSBC to Manage AMOC’s Share Sales

Alexandria Mineral Oils Company (AMOC) has chosen British bank HSBC to manage its share sales on the Egyptian Exchange later this year.

AMOC Posts EGP 1.48B Profit in 2017/18

Alexandria Mineral Oils Company (AMOC) posted profits of EGP 1.48 billion in fiscal year (FY) 2017/18, a 35% increase from the EGP 1.1 billion profit posted in FY 2016/17.

Thyssenkrupp to Work on 5 Petrochemical Projects

German industrial company Thyssenkrupp will work on five new petrochemical projects in collaboration with Egyptian companies.

AMOC Agrees Financing for Refinery Project

The Alexandria Mineral Oils Company (AMOC) has reached an agreement with five financial organisations to fund its $500 million refinery project.

AMOC Targets Nasdaq Bourse

Egypt’s Alexandria Mineral Oils Company wants to list shares on the Nasdaq Dubai bourse.

AMOC Invited to Cross List on Dubai Exchange

Nasdaq Dubai proposed that Alexandria Mineral Oils Company (AMOC) cross list some of its shares on the Dubai stock market.

AMOC’s Profits Rise 153%

Alexandria Mineral Oils Company (AMOC) produced EGP 8.5 billion petroleum products in fiscal year (FY) 2016/2017 with a net profit of EGP 1.1 billion, a 153% increase in profits from FY 2015/2016.

AMOC Increases Mazut Exports

Alexandria Mineral Oils Company (AMOC) increased its crude mazut exports during the months of May and June.

AMOC Mulls $500M Fuel Oil Refining Complex

Alexandria Mineral Oils Company (AMOC) is considering an investment of $500 million in a mazut refining project to turn mazut into a high-value product.

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