Dubai Forum Cairo - Mubasher: Assuit Oil Refining Company (ASORC) signed a memorandum of understanding (MoU) with Engineering for the Petroleum & Process Industries (ENPPI) and Petroleum Projects & Technical Consultations Company (PETROJET) to establish a new atmospheric distillation unit at Assiut oil refinery with an investment cost of EGP 6 billion. The new project has a designed capacity of 5 million tonnes of crude oil per year, which [...] Read ASORC inks MoU to build EGP 6bn new project at Assiut oil refinery on DUBAI FORUM.