AMOC | Egypt Oil & Gas - Part 3

Opportunity for further Egyptian Investment in Iraq

Iraq offered the Egyptian government the opportunity to invest in several concession areas.

AMOC to Export 3,000 tons of Mazot

Egypt's Alexandria Mineral Oils Company (AMOC) reached an agreement with the State Oil Company of Azerbaijan Republic (SOCAR) over exporting 3,000 tons of Mazot during June 2017.

AMOC to Buy Condensates from Dana Gas

AMOC aims to refine 1,500b/d of Dana Gas’ condensates in its refineries for two months, increasing the amount of condensates to 4,000b/d thereafter.

AMOC Chooses BNY Mellon to Run GDR Program

Alexandria Mineral Oils Company (AMOC) chose the BNY Mellon bank to run its global depositary receipt (GDR) program. It will also hire Baker and McKenzie as the legal consultant.

El Molla Heads AMOC’s General Assembly

Tarek El Molla, headed the extraordinary general meeting of Alexandria Mineral Oils Company (AMOC) as part of his inspection tours to track the refining projects' workflow in Alexandria.

AMOC Invests $800m for Production Increase

Alexandria Mineral Oils Company (AMOC) plans to increase diesel production to be 620,000 tons in 2017/2018.

AMOC to Offer Shares on Stock Market

AMOC plans a secondary offering of 10-20% of its shares on the Cairo stock market and will also issue 10% a global depository receipts in London.

Egypt invests $50m in AMOC Projects

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, attended board meeting of Alexandria Mineral Oils Company (AMOC).

Enppi, AMOC to Go Public

Engineering for the Petroleum & Process Industries (Enppi) and Alexandria Mineral Oils Company (AMOC) will launch an initial public offering (IPO) during 2017.

Ahly Capital Increased Its Equity in AMOC

Al Ahly Capital Holding increases its equity in AMOC to be 25.3% of the company's stocks

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