{"id":641687,"date":"2017-09-28T04:04:52","date_gmt":"2017-09-28T04:04:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/oil-minister-discusses-midor-refinery-development-with-technip\/"},"modified":"2017-09-28T04:04:52","modified_gmt":"2017-09-28T04:04:52","slug":"oil-minister-discusses-midor-refinery-development-with-technip","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/oil-minister-discusses-midor-refinery-development-with-technip\/","title":{"rendered":"Oil Minister discusses MIDOR refinery development with Technip"},"content":{"rendered":"<p>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, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=26092017&id=50908175-6f50-42b8-a324-7700934a3444\">Al Shorouk reports<\/a>. Villa told El Molla that Technip\u2019s work on the projects is progressing according to schedule. Technip had <a href=\"https:\/\/enterprise.press\/stories\/2015\/07\/28\/technips-usd-2-9-bn-refinery-upgrade-projects-are-among-largest-deals-announced-since-eedc\/#anchor1\">announced back in 2015<\/a> that it reached a USD 1.4 bn agreement to help MIDOR expand its refining capacity to 160k barrels of crude per day, up from 100k barrels previously. The company was <a href=\"https:\/\/enterprise.press\/stories\/2016\/03\/27\/amer-under-fire-after-cbe-imposes-term-limits-on-bank-heads-cbe-boss-clashes-with-naguib-sawiris\/\">also contracted last year<\/a> to manage the first phase of ASORC\u2019s USD 1.6 bn hydrocracking project.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 the projects is progressing according [&hellip;]<\/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":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-641687","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"a3906e5f-7d0d-4cfe-a673-99dd20687e77","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[641656],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Oil Minister discusses MIDOR refinery development with Technip - 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\/2017\/09\/28\/oil-minister-discusses-midor-refinery-development-with-technip\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil Minister discusses MIDOR refinery development with Technip\" \/>\n<meta property=\"og:description\" content=\"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 the projects is progressing according [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/oil-minister-discusses-midor-refinery-development-with-technip\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-28T04:04:52+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\/2017\/09\/28\/oil-minister-discusses-midor-refinery-development-with-technip\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/oil-minister-discusses-midor-refinery-development-with-technip\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Oil Minister discusses MIDOR refinery development with Technip\",\"datePublished\":\"2017-09-28T04:04:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/oil-minister-discusses-midor-refinery-development-with-technip\/\"},\"wordCount\":119,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/oil-minister-discusses-midor-refinery-development-with-technip\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/oil-minister-discusses-midor-refinery-development-with-technip\/\",\"name\":\"Oil Minister discusses MIDOR refinery development with Technip - 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Villa told El Molla that Technip\u2019s work on the projects is progressing according [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/oil-minister-discusses-midor-refinery-development-with-technip\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-09-28T04:04:52+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\/2017\/09\/28\/oil-minister-discusses-midor-refinery-development-with-technip\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/oil-minister-discusses-midor-refinery-development-with-technip\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Oil Minister discusses MIDOR refinery development with Technip","datePublished":"2017-09-28T04:04:52+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/oil-minister-discusses-midor-refinery-development-with-technip\/"},"wordCount":119,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["energy","EnterpriseAM"],"articleSection":["Energy"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/oil-minister-discusses-midor-refinery-development-with-technip\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/oil-minister-discusses-midor-refinery-development-with-technip\/","name":"Oil Minister discusses MIDOR refinery development with Technip - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-09-28T04:04:52+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/oil-minister-discusses-midor-refinery-development-with-technip\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/oil-minister-discusses-midor-refinery-development-with-technip\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/oil-minister-discusses-midor-refinery-development-with-technip\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Oil Minister discusses MIDOR refinery development with Technip"}]},{"@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":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":641687,"position":0},"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 &quot;Energy&quot;","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":628005,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/20\/zaki-hashem-advised-on-usd-1-7-bn-agreement-between-midor-and-technip\/","url_meta":{"origin":641687,"position":1},"title":"Zaki Hashem advised on USD 1.7 bn agreement between MIDOR and Technip","author":"enterpriseam admin","date":"20 June 2018","format":false,"excerpt":"Zaki Hashem & Partners advised state-owned MIDOR on its 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, sources tell us. The Oil Ministry secured a USD 1.2 bn loan from France\u2019s\u2026","rel":"","context":"In &quot;Law&quot;","block_context":{"text":"Law","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/law\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572815,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/","url_meta":{"origin":641687,"position":2},"title":"Technip signs USD 1 bn+ contract for Assiut refinery","author":"enterpriseam admin","date":"9 July 2020","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626945,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/midor-looks-to-afreximbank-adib-for-usd-200-mn-loan-to-finance-refinery-expansions\/","url_meta":{"origin":641687,"position":3},"title":"MIDOR looks to Afreximbank, ADIB for USD 200 mn loan to finance refinery expansions","author":"enterpriseam admin","date":"16 July 2018","format":false,"excerpt":"MIDOR looks to Afreximbank, ADIB for USD 200 mn loan to finance refinery expansions: The state-owned MIDOR is reportedly in talks with the African Export-Import Bank (Afreximbank) and Abu Dhabi Islamic Bank (ADIB) for a USD 200 mn loan to help finance expansion plans at the company\u2019s refinery, banking sources\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571560,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/17\/suez-canal-bank-sells-midor-stake-for-usd-30-6-mn\/","url_meta":{"origin":641687,"position":4},"title":"Suez Canal Bank sells Midor stake for USD 30.6 mn","author":"enterpriseam admin","date":"17 May 2020","format":false,"excerpt":"M&A WATCH- Suez Canal Bank sells Midor stake for USD 30.6 mn: The Suez Canal Bank has approved the sale of its 1.27% stake in the Middle East Oil Refinery (Midor) for USD 30.6 mn to the Egyptian General Petroleum Corporation, which owns 78% of the company, a bank statement\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567527,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/26\/midor-completes-usd-300-mn-financing-agreement\/","url_meta":{"origin":641687,"position":5},"title":"MIDOR completes USD 300 mn financing agreement","author":"enterpriseam admin","date":"26 January 2020","format":false,"excerpt":"The Middle East Oil Refinery (Midor) has secured a USD 300 mn medium-term syndicated loan from CIB and Al Ahli Bank of Kuwait (ABK), according to Al Mal. Midor plans to use the loan to finance its crude oil imports and their working capital.","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"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\/641687","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=641687"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641687\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/641656"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=641687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=641687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=641687"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=641687"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=641687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}