Suez Canal Bank Sells Midor Stakes to EGPC for $30.6 MM
The Suez Canal Bank has sold its 1.27% stake in the Middle East Oil Refinery (Midor) for $30.6 million to the Egyptian General Petroleum Corporation (EGPC).
The Suez Canal Bank has sold its 1.27% stake in the Middle East Oil Refinery (Midor) for $30.6 million to the Egyptian General Petroleum Corporation (EGPC).
MIDOR company has issued a tender to sell a cargo of gasoil containing 0.1% Sulphur in May.
The production of the Middle East Oil Refinery (MIDOR) plant will exceed 7 million tons annually by the end of the expansion works.
The Petroleum Projects & Technical Consultations Company (Petrojet) is currently working on preparing the land of the project and finalizing the engineering designs with Engineering for the Petroleum & Process Ind ...
Middle East Oil Refinery (MIDOR) will receive the Iraqi crude as the company decided to refine the amounts of crude on its own.
The company produced 5 million tons of different high quality petroleum products that meet global standards.
The EPC services contract is worth over $1 billion and is set to be a part of TechnipFMC's Q1 inbound orders in the onshore-offshore segment.
Midor reached financial closure for the $2.2 billion expansion and upgrade program for its Alexandria refinery
Middle East Oil Refinery (Midor) has signed the final contracts for a $1.2 billion syndicated loan from Italy’s CDP, France's BNP Paribas, and Crédit Agricole.
The Middle East Oil Refinery (Midor) has signed a $1.7 billion agreement with Technip that will see the Italian company play a leading role in the expansion of the Midor refinery.