refining | Egypt Oil & Gas - Part 6
Saudi Aramco Acquires 17% Stakes in Hyundai Oilbank
Saudi Aramco has completed acquiring 17% stakes of South Korea’s Hyundai Oilbank from Hyundai Heavy Industries Holdings, for approximately $1.2 billion, according to Pipeline Oil and Gas News. The acquisition wa...
Refining Investments in Egypt Record $4.7 B
Through the execution of five refining projects that are under implementation, the total value of refining investments in Egypt would reach $4.7 billion, Almal News reported citing an official source in the Ministry o...
Egypt Invests EGP 43 B in Assiut Oil Projects
Investments in oil production and refining projects in Assiut total EGP 43 billion, sources in the Ministry of Petroleum told Egypt Today. Projects include establishing a refining unit for producing high-octane gasoli...
El Molla Reviews Refining Projects
Egyptian Minister of Petroleum, Tarek El Molla, met with the higher committee for refining projects to discuss a number of projects aimed to boost refining capacities, Egypt Oil & Gas reports. The meeting reviewed...
KBR Extends its Maintenance Contract for Saudi’s Satrop Refinery
KBR has won a three-year extension for its maintenance services contract from Satrop, a joint venture between Saudi Aramco and Total, TradeArabia reported. Under the contract, KBR will continue to provide preventive, ...
ANOPC Establishes $1.9 B Refining Project
Egypt is establishing a $1.9 billion refining project that will utilize the latest refining technologies to transfer low-value Mazut into higher value petroleum products like diesel, butane, and high-octane gasoline, ...
Sonatrach’s Refinery Begins Maintenance
The Algerian Sonatrach’s Augusta refinery began its maintenance operations from February 21, Reuters reported. The maintenance work will continue for 45 days. The Algerian firm purchased the refinery from ExxonMobil d...
Saudi Arabia to Establish $10 B Refining Complex in China
Saudi Arabia’s Crown Prince, Mohammed bin Salman was in talks with the Chinese President Xi Jinping about a deal for a refining and petrochemical complex in China, Reuters reported. The deal was part of the Asian tour...
