Midor | Egypt Oil & Gas - Part 5
Egypt Studies State-Owned Oil Companies for IPO
Minister of Petroleum Tarek El Molla told Reuters that the Egyptian Ministry of Investment is to study the suitability of listing eight state-owned oil companies on the Egyptian Stock Exchange or share issuance.
Ministry of Petroleum to Expand Midor’s Refineries in 2019
The Egyptian Ministry of Petroleum and Mineral Resources seeks to invest $1.6b in a project that aims to expand the refining facilities of the Middle East Oil Refinery (Midor) in order to meet the domestic demand of ...
Egypt Seeking to Boost Refining Capacities
Egyptian firms are planning to expand their refining capacity and boost output of petroleum products, companies' representatives stated at the Thirds Annual Energy Conference - Energy and Sustainable Development. MIDOR’s Recorded $100m Profit in 2015
The Ministry of Petroleum has announced that MIDOR's profits in 2015 amounted to $100m.
French Banks to Finance MIDOR Refinery Expansion
French banks, Credit Agricole and BNP Paribas will offer a $1.2b loan to expand Egypt’s MIDOR refinery.
NBE’s Loans to the Petroleum Sector Amount 40bn
Ayman Yassin, Head of Corporate Banking Group at the NBE told Daily News Egypt in an interview that the petroleum sector's loan for the fiscal year of 2014/2015 had reached 40bn, in comparison with 27bn in the fiscal ...
Italy’s Technip Lands Deal to upgrade Egypt’s ASORC & MIDOR
Technip Italy, a world leader in project management for the energy industry, has finalised two joint agreements valued at a total of US$2.9 billion with Egypt-based companies for upgrades of two refineries there.
MIDOR Signs $1.4 bn Deal to Expand Refinery
Egypt’s state-run petroleum refinery MIDOR has signed two deals worth $1.4 billion with US-based engineering company UOP to raise its capacity.
