The state-owned Assiut Oil Refining Company (ASORC) signed a four-year agreement with Australia-based engineering services company WorleyParsons for management consultancy on ASORC’s USD 1.6 bn mazut hydrocracking facility in Upper Egypt, according to the Oil & Gas Journal. WorleyParsons will handle the project’s basic engineering phase, open-book estimate, detailed design, procurement, construction, and commissioning.”

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