Bechtel Looks to Step Up Activity in Egypt
Bechtel is interested in increasing its investments in Egypt’s oil and gas sector, the company’s CEO, Brendan Bechtel, said during a meeting with the Egyptian officials.
Bechtel is interested in increasing its investments in Egypt’s oil and gas sector, the company’s CEO, Brendan Bechtel, said during a meeting with the Egyptian officials.
The Egyptian Petrochemicals Holding Company (ECHEM) increased its revenues in fiscal year (FY) 2016/2017 to EGP 1.141 billion, a 56.6% increase from FY 2015/2016.
Production units at Sidi Kerir Petrochemicals (Sidpec) are running at full capacity despite a fire that broke out in one of the refrigerating compressors at the company's ethylene-producing factory.