Petroleum Africa
Find us on: 
Tuesday, July 28, 2015
Technip finalized a joint agreement with EGPC and Assiut Oil Refining Co. (ASORC) for the modernization project of the Assiut refinery. The refinery is located in Upper Egypt.
The investment has an estimated total value of $1.5 billion, aimed at maximizing diesel production, and will introduce the most modern refinery technologies in Upper Egypt and satisfy the region’s growing demand for petroleum products.
According to the agreement, Technip will now start activities for the project, as well as provide support to ensure project financing.
In due course Technip will take responsibility for the EPC phase of the project.
" alt="First LNG Realized at the Greater Tortue Ahmeyim Project">
" alt="United Energy Acquires Western Desert Producer APEX">
" alt="Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG">
" alt="ReconAfrica: Naingopo Results Demonstrate a Working Petroleum System">
" alt="Tullow Highlights 2025 Operational Plans in Ghana">
" alt="TotalEnergies to Supply 1.5 TWh to STMicroelectronics in France Over 15 years">
" alt="Rockhopper Reaches Final Settlement with United on Egypt’s Abu Sennan Concession">
" alt="Oil & Gas Crucial for African Growth: AEC Calls for Industry Support to Defend African Market">
