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EGYPT – Technip Italy to build country’s largest oil refinery

An Italian firm, Technip Italy SpA, is about to become a new leader on the international business panorama, having signed a contract with the Egyptian Soukhna Refinery and Petroleum Company to build the country’s largest oil refinery at Ain-Sokhna (approximately 120 km east of Cairo). Present at the signing were representatives of the Egyptian Oil Ministry and State Oil Company Egp, with President and CEO Tarek El-Barkatawy, representatives of Technip’s Egyptian partners, international financiers, Technip Italy CEO Marco Villa and the project’s managers, and Ambassador of Italy to Cairo Maurizio Massari. Read more, in Italian.