{"id":572815,"date":"2020-07-09T03:41:02","date_gmt":"2020-07-09T03:41:02","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/"},"modified":"2020-07-09T03:41:02","modified_gmt":"2020-07-09T03:41:02","slug":"technip-signs-usd-1-bn-contract-for-assiut-refinery","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/","title":{"rendered":"Technip signs USD 1 bn+ contract for Assiut refinery"},"content":{"rendered":"

<\/a> Technip signs USD 1 bn+ contract for Assiut refinery:<\/strong> French construction firm Technip has signed an engineering, procurement and construction contract worth more than USD 1 bn to build a hydrocracking complex for the Assiut Oil Refining Company, Technip said in a statement<\/a>. The complex will produce around 2.8 mn tons of clean petroleum products each year using mazut as feedstock. Technip did not specify the exact value of the contract but defined it as a \u201cmajor\u201d project worth more than USD 1 bn. The company signed an initial agreement<\/a> with Enppi, Petrojet and the Assiut National Oil Processing Company earlier this year for the project.<\/p>\n","protected":false},"excerpt":{"rendered":"

Technip signs USD 1 bn+ contract for Assiut refinery: French construction firm Technip has signed an engineering, procurement and construction contract worth more than USD 1 bn to build a hydrocracking complex for the Assiut Oil Refining Company, Technip said in a statement. The complex will produce around 2.8 mn tons of clean petroleum products […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[944,93,942,72,5470,91,2324,2380,4270],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-572815","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-assiut","tag-energy","tag-enppi","tag-enterpriseam","tag-hydrocracking","tag-oil-and-gas","tag-petrojet","tag-speed-round","tag-technip","wpautop","entry"],"acf":{"mongo_id":"65a80b2e-f4b9-4506-9eb8-d3493d05e295","is_powered_by":true,"section_story_id":"619c1846-3ae4-4892-8495-bb3f302dad22","story_type":"1","photo_url":"","photo_position":"above","related_issue":[572803],"teaser":"","voice_url":""},"yoast_head":"\nTechnip signs USD 1 bn+ contract for Assiut refinery - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Technip signs USD 1 bn+ contract for Assiut refinery\" \/>\n<meta property=\"og:description\" content=\"Technip signs USD 1 bn+ contract for Assiut refinery: French construction firm Technip has signed an engineering, procurement and construction contract worth more than USD 1 bn to build a hydrocracking complex for the Assiut Oil Refining Company, Technip said in a statement. The complex will produce around 2.8 mn tons of clean petroleum products […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-09T03:41:02+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Technip signs USD 1 bn+ contract for Assiut refinery\",\"datePublished\":\"2020-07-09T03:41:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/\"},\"wordCount\":110,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Assiut\",\"energy\",\"Enppi\",\"EnterpriseAM\",\"hydrocracking\",\"oil and gas\",\"Petrojet\",\"SPEED ROUND\",\"Technip\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/\",\"name\":\"Technip signs USD 1 bn+ contract for Assiut refinery - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-07-09T03:41:02+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Technip signs USD 1 bn+ contract for Assiut refinery\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Technip signs USD 1 bn+ contract for Assiut refinery - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/","og_locale":"en_US","og_type":"article","og_title":"Technip signs USD 1 bn+ contract for Assiut refinery","og_description":"Technip signs USD 1 bn+ contract for Assiut refinery: French construction firm Technip has signed an engineering, procurement and construction contract worth more than USD 1 bn to build a hydrocracking complex for the Assiut Oil Refining Company, Technip said in a statement. The complex will produce around 2.8 mn tons of clean petroleum products […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-07-09T03:41:02+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Technip signs USD 1 bn+ contract for Assiut refinery","datePublished":"2020-07-09T03:41:02+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/"},"wordCount":110,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["Assiut","energy","Enppi","EnterpriseAM","hydrocracking","oil and gas","Petrojet","SPEED ROUND","Technip"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/","name":"Technip signs USD 1 bn+ contract for Assiut refinery - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2020-07-09T03:41:02+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Technip signs USD 1 bn+ contract for Assiut refinery"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":622831,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/14\/anopc-signs-contracts-to-develop-usd-1-9-bn-fuel-refinery-in-assiut\/","url_meta":{"origin":572815,"position":0},"title":"ANOPC signs contracts to develop USD 1.9 bn fuel refinery in Assiut","author":"enterpriseam admin","date":"14 October 2018","format":false,"excerpt":"Assiut National Oil Processing Company (ANOPC) inked contracts with Italy's Technip and Enppi to build the USD 1.9 bn fuel refinery in Assiut, Al Shorouk reports. The diesel hydrocracking complex, which will convert lower quality heavy fuel into higher quality products such as LPG, naphtha, kerosene and gasoline, will have\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641687,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/oil-minister-discusses-midor-refinery-development-with-technip\/","url_meta":{"origin":572815,"position":1},"title":"Oil Minister discusses MIDOR refinery development with Technip","author":"enterpriseam admin","date":"28 September 2017","format":false,"excerpt":"Oil Minister Tarek El Molla met yesterday with the regional head of Italy\u2019s Technip, Marco Villa, to discuss the company\u2019s progress in expanding the MIDOR refinery near Alexandria and modernizing the Assiut Oil Refining Company\u2019s (ASORC) mazut hydrocracking project, Al Shorouk reports. Villa told El Molla that Technip\u2019s work on\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569299,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/19\/your-top-infrastructure-stories-of-the-week-4\/","url_meta":{"origin":572815,"position":2},"title":"Your top infrastructure stories of the week","author":"enterpriseam admin","date":"19 February 2020","format":false,"excerpt":"Your top stories for infrastructure this week are: ECHEM signed an agreement with US construction giant Bechtel to set up a USD 6.7 bn petrochemicals and refinery complex in the Suez Canal Economic Zone.Enppi, Petrojet, Technip and ANOPC signed a USD 2.5 bn agreement to establish a mazut hydrocracking facility\u2026","rel":"","context":"In \"African Development Bank\"","block_context":{"text":"African Development Bank","link":"https:\/\/enterpriseam.com\/egypt\/tag\/african-development-bank\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622973,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/anopc-seeks-egp-1-2-bn-in-financing-for-refinery\/","url_meta":{"origin":572815,"position":3},"title":"ANOPC seeks EGP 1.2 bn in financing for refinery","author":"enterpriseam admin","date":"17 October 2018","format":false,"excerpt":"Assiut National Oil Processing Company (ANOPC) is in talks with local banks for a EGP 1.2 bn loan as part of the financing package for a USD 1.9 bn hydrocracking facility being built by subsidiary Assiut Oil Refining Company (ASORC), sources told Al Mal. ANOPC has approached the National Bank\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627719,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/10\/midor-signs-usd-1-7-bn-agreement-with-italys-technip-to-maximize-production\/","url_meta":{"origin":572815,"position":4},"title":"MIDOR signs USD 1.7 bn agreement with Italy\u2019s Technip to maximize production","author":"enterpriseam admin","date":"10 June 2018","format":false,"excerpt":"State-owned MIDOR refinery signed a USD 1.7 bn agreement with Italy\u2019s Technip as part of a USD 2.2 bn project to expand its refining capacity to 175k barrels of crude per day, from 115k barrels, the Oil Ministry announced on Thursday. ENPPI and Petrojet will also take part in the\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567618,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/01\/also-on-our-radar-on-1-december-2020\/","url_meta":{"origin":572815,"position":5},"title":"Also on our radar on 1 December 2020","author":"enterpriseam admin","date":"1 December 2020","format":false,"excerpt":"Who said that Egypt\u2019s renewables sector is (temporarily) on hold? Al Nowais is pushing ahead with its plans to build a 500-MW wind plant in Ras Ghareb and hopes award a construction contract in the first half of next year, the local press reports. Sources said that the Emirati firm\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/572815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=572815"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/572815\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/572803"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=572815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=572815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=572815"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=572815"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=572815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}