international oil and gas companies in egypt

Cheiron Its c.3,500 employees serve clients including major national oil companies . Egypt's proven hydrocarbon reserves stood at 3.3 billion barrels of oil and 62.8 trillion cubic feet (tcf) of natural gas at the end of 2017. Egypt's state oil companies are starting to sign agreements to develop oil fields in other neighboring countries, which indicate that the country has plans to expand their territory out of Egypt and into foreign lands. El-Molla also held meetings with the heads of major US oil and gas companies, including Halliburton and Baker Hughes, to discuss their current activities in Egypt and to . Its oil activity spans more than one century and the country enjoys a colorful corporate landscape where large and small international companies and national companies cooperate and continue to make significant discoveries. Get in touch with us now. Also, use the search buttons as there are many more in the company database: List of Oil and Gas Companies in . Throughout 16 years of experience, PESCO has . Apex International Energy is an Independent Oil and Gas Exploration and Production Company Focused on Egypt After recent exploration-drilling success, Apex International Energy operates several hydrocarbon fields in the Western Desert of Egypt with our joint-venture company PetroFarah. Apex International Energy operates several hydrocarbon fields in the Western Desert of Egypt with our joint-venture company PetroFarah. . Below is the list of top 20 oil and gas companies and firms that are related to greater Cairo area. A subsidiary of the international oil company TotalEnergies SE, established in 1998, TotalEnergies . Shelf Drilling Secures Contract Extension in Egypt. International Iso 9001 Certified Companies Manufacturing Multinationals Pharmaceutical Textile Aramco Overseas - Top Oil and Gas Companies. He indicated that Egypt's total natural gas production is between 6.5 -7 . Egypt is continuing with its program to attract new international companies to research and explore natural gas on its territory. We are operating in Germany, Egypt, Syria, Libya, Pakistan, Dubai, Oman, Yemen, Turkey, Poland, Russia, Sudan, Iran and Nigeria. The oil companies have been major investors in Egypt, helping it double gas production from 2003 to 2009 and making the country one of the leading producers in Africa, along with Algeria. Apex's development leases are governed by a Production Sharing Agreement with the Government of Egypt. On 8th June 2021, Eng. PetroServices Drilling Engineering "PSDE" was established by highly professional international team, who have accumulated more than 25 years experience in mud . OIL engaged in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG. The minister reiterated that they are working at full power in order to benefit from a surge in international gas prices. The following is a list of notable companies in the petroleum industry that are engaged in petroleum exploration and production. Welcome to PetroServices Drilling Engineering Company PetroServices Drilling Engineering "PSDE" is International Oil and Gas Service Company headquartered in Egypt, with principal office in Cairo and main branches in Oman and U.A.E. By Sarah Samir. CAIRO - 23 March 2018: International oil and gas company APACHE plans to drill 50 wells in Egypt through the national companies Khaleda and Qaroun. Chairman's message With the important task of searching, exploring and producing oil and gas, General Petroleum Co. (GPC) has continually made efforts to renew itself drastically, speed up development and international integration with the strategic aim to making GPC a top international oil and gas company in the region, with modern science and technology background, economic and financial . +20 2 6381686. , Nov 8, 2021. The oil and gas processing facility to be constructed in Zirku Island has a design capacity of 200,000 barrels of oil per day, and 35 million cubic feet of gas. El-Molla and Greenlee affirmed that Exxonmobil's decision to invest in Egypt's E&P field will have a positive return on the Egyptian oil and gas industry, increasing the presence of . Investment in the oil and gas sector in Egypt declined by 26% in the financial year 2020-21, according to Tarek el-Molla, the country's Petroleum & Mineral Resources Minister. Tue 08 Jun 2021. QatarEnergy will enter Egypt's upstream oil and gas sector through an agreement to acquire working interests in two offshore exploration blocks from a Royal Dutch Shell subsidiary. The reduction of Egypt's debts to … Al Salam for Petroleum Services. The company aims to . with international energy companies and how the continent's countries can use marginal oil and gas fields to develop domestic energy industries that, once strong, will compete globally. Profile • Info. A comprehensive overview of trade companies and retailers in Egypt - find traders in different sectors, as well as the latest industry news. Our clients are the international and local E&P companies among them Petrobel (Egypt), BP . in Public Relations and Advertising, from the Faculty of Mass Communication, Cairo University in 1983. Our client is and will always be the main core of our foundation. In Egypt, natural gas makes a greater economic contribution than oil due to a growing number of exploration and production projects, notably the Zohr gas field and other offshore discoveries in the Mediterranean, while most oil fields have reached maturity. Egypt oil & gas market contributes to the region's oil production that stands at 5 percent of the global production. +20 2 6374014. The subsea and onshore oil and gas companies in the Middle East are involved in all stages of the petroleum industry worldwide, but of mostly in the Black Sea, Caspian Sea and Gulf of Mexico.The Middle East petroleum companies search for, explore and produce petroleum, they transport, refine and market petroleum and petrochemical products. Research Expert covering the economy and society on Egypt, South Africa, and Ethiopia. While oil production is expected to decline from 713.700 barrels per day (b/d) in 2012 to 648,300b/d in 2021. She gained this experience through her long tenure with other American oil companies in Egypt and the Gulf Region; she has worked with Pennzoil, Drexel Oilfield, Qatar Gas, and Amoco companies. Two oil companies affiliated with the Egyptian Ministry of Petroleum are planning to invest more than $1 billion in oil exploration in the Western Desert.. During a virtual meeting held April 28, the head of Khalda Petroleum Co., Saeed Abdel Moneim, said about $830 million is expected to be invested during the 2021-22 fiscal year as part of a plan to search for oil and gas and develop . EG >> 3/10/2020 - SDX Energy Plc, the MENA-focused oil and gas company, is pleased to announce the result of its Rabul-3 well in the West Gharib Concession in Egypt (SDX 50% Working Interest & Joint Operator). with international energy companies and how the continent's countries can use marginal oil and gas fields to develop domestic energy industries that, once strong, will compete globally. (gas & Electric ). The Company was established in 2007 in Alexandria Free Zone under The umbrella of The Egyptian General Petroleum Corporation (EGPC) with its head quarter in Maadi, Cairo and with 1000 m2 Storage area in Ameriya Alex Free Zone. Italy's ENI is the most prominent of these, and they were the ones to discover the much-publicized Zohr gas field in 2015. IMEX, throughout its 40 years of crude oil and oil products trading has built sustain consistency and high degree of recognition in the Egyptian market and reliability and confidence on the international scene. Below is a list of foreign companies operating in Egypt: OIL/GAS FIRMS: * BP -- has invested over $17 billion in Egypt, with an annual investment of $1 billion since 2007. There are currently more than 50 international oil companies working in Egypt. Established in April 1981 by its parent company KPC, KUFPEC is an international oil company, engaged in exploration, development and production of crude oil and natural gas outside Kuwait, active in Africa, Middle East, Asia, UK, Norway, Canada and Australia. The South Korean EPC specialist is nearing completion of a $1.4 billion pipeline project in Kuwait for Kuwait Oil Company, which is expected to be handed over this summer. Alghanim International is the flag-ship company of Fouad Alghanim & Sons Group of Companies, a multinational group based in Kuwait, operating for over five decades.The Group has grown to be one of the largest corporations with interests in engineering, construction, power, oil and gas, automotive, investment, trading, shipping, aviation, telecom, hospitality and real estate. From its robust base in the Egyptian mature fields region, Cheiron . BP, Eni, Royal Dutch Shell (through the acquisition of BG), and Apache are the major oil and natural gas companies active in Egypt. The list is in alphabetical order by continent and then by country. Our Group. Apex's development leases are governed by a Production Sharing Agreement with the Government of Egypt. Questions posed and answered: Why Africa's fledgling natural gas resources can allow the continent to emerge as a key global player in the industry We continue to drill exploration wells outside of our development leases. The Company. Apex International Energy operates several hydrocarbon fields in the Western Desert of Egypt with our joint-venture company PetroFarah. Egypt's proven hydrocarbon reserves stood at 3.3 billion barrels of oil and 77.2 trillion cubic feet (tcf) of natural gas at the end of 2018. Ganoub El Wadi Petroleum Holding Company (GANOPE) was established in 2003 to spur exploration and production in Upper Egypt, which has many under-explored basins. In the world of fast changing technologies, GESCO stays up to date allowing us . The Government of Egypt encourages international oil companies (IOC) to participate in the oil and gas . The country became much more stable between 2014 and 2019. International Consulting Limited is located in egypt, we are the liquid petroleum gas, asphalt ac-30 supplier. TotalEnergies is the world's fourth-largest publicly-traded integrated oil and gas company, with operations in more than 130 countries spanning all aspects of the petroleum industry, including upstream and downstream operations. 1961 Innovative agreement to set-up Cope (Compagnie Oriental de Petrol d'Egypt), an Italo-Egyptian company. Egypt. Egypt is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia by a land bridge formed by the Sinai Peninsula.Egypt's economy depends mainly on agriculture, media, petroleum imports, natural gas, and tourism; there are also more than three million Egyptians working abroad, mainly in Saudi Arabia, the Persian Gulf and Europe. United Oil & Gas (UOG) was established in 2015. national oil companies (NOCs) produce approximately 55 percent of the world's oil and gas, pumping out an estimated 85 million barrels of oil equivalent per day.1 The World Bank has estimated that they control up to 90 percent of global oil and gas reserves, thereby serving as gatekeepers for international oil companies' access Egypt. Mrs. Abdel Aleem earned her B.A. The American Chevron Corporation won block one, while the Dutch […] He indicated that Egypt's total natural gas production is between 6.5 -7 . Pharos Energy plc, an independent oil and gas exploration and production company, is pleased to provide an update on its activities in Vietnam. Egypt Oil & Gas News. Classification (s) : OIL COMPANIES - PRODUCERS / OIL COMPANIES - REPRESENTATIVE OFFICE / OIL COMPANIES DEVELOPERS / OIL COMPANY DISTRIBUTORS / OIL DRILLING OPERATING COMPANIES / OIL MARKETING COMPANIES / OIL REFINERIES. The Egypt Petroleum Show is North Africa and the Mediterranean's most important oil and gas exhibition and conference held under the patronage of His Excellency Abdel Fattah El Sisi, President of the Arab Republic of Egypt, where oil and gas professionals convene to engage in dialogue, create partnerships, do business and identify solutions and strategies that will reshape the global energy . The agreements were signed with six major international and Egyptian companies, including Egypt's . The Government of Egypt encourages international oil companies (IOC) to participate in the oil and gas sector, and currently more than fifty IOCs are operating in Egypt. Egypt's Minister of Petroleum and Mineral Resources, Tarek el-Molla, signed on Friday nine new agreements to search for oil and natural gas in the eastern and western regions of the Mediterranean Sea and the regional waters of the Red Sea. 2. In the span of these 25 years, the GESCO team has done its utmost to achieve Gesco's policy—Client Satisfaction. Tarek El Molla, Minister of Petroleum and Mineral Resources, before of the British Egyptian Business Association (BEBA): Egypt is a Launching point for the IOCs activities in the East Mediterranean. mex International S.A.E, a privately free-zone company established in 1979 an energy trading company headquartered in Cairo, Egypt. EGYPS hosts hundreds of exhibitors, including major international oil and gas companies and dozens of country pavilions under one roof. It allows Egypt to showcase the development and modernization of its oil and gas sector and its emergence as a regional energy hub, both part of its sustainable development strategy for 2030. The effect on the pandemic on Egypt's natural gas industry is yet to be determined. Tarek El Molla, Minister of Petroleum and Mineral Resources, highlighted how More . Egypt invested USD XX billion in the oil & gas sector between 2013 and 2015 and it is estimated that an additional USD XX billion would flow in by 2021. Egypt plays a vital role in international energy markets through the operations of the two Suez Canal transit points and the Suez-Mediterranean (SUMED) pipeline. Click the links to find company profile, jobs and contact details for each company. However, the high capital investment required, coupled with a lack of . 1955 Belayim Marine offshore oil discovery Gulf of Suez. As of 2018, the volume of crude oil production in Egypt was 224 million 42-gallon barrels. Coal Gas Crude Oil Electricity Industrial Fuel Natural Gas; Other Energy Related Products Petrochemical Products Bitumen Solar Energy Products . 3- manufacture all stainless s . (Chairman) Eng.Atef madkour Sadek 2 Tharwa Petroleum . The first three companies have Driven by the strength, skills and imagination of our people, we are making a positive impact in everything we do. Because of the continuous and intensive petroleum exploration programs during the past period, 449 discoveries (315 oil - 134 gas) achieved which added Egypt's oil and gas reserves about 522.3 million barrels of oil and condensates in addition to 41.7 TCF gas from 2013 until 2020. and (119) development lease for new discoveries were signed in . Pertamina -- Indonesia. Downstream is booming. Egyptian Natural Gas Holding Company (EGAS) was established in 2001 to stimulate the development of the gas sector, while giving EGPC the opportunity to focus on declining oil production. PetroZas is a supply & Services company with a Sales Department which Services the Oil & Gas industries. List of Main Petroleum Companies in Egypt No. El-Molla said that foreign investments in the sector were $5.4bn in the 2020-21 financial year, down from $7.3bn in the 2019-20 financial year. Oil and gas exploration, development and production company with existing assets in Egypt, UK, Italy and Jamaica. SDX Announces Result of Rabul-3 Well, West Gharib Concession. We continue to drill exploration wells outside of our development leases. Oil and gas are important to Arab economies, and Egypt is no exception. Egypt has significant energy resources, both in traditional fossil fuels and in renewable energy. . Operating in both upstream and downstream segments, the company has extensive operations in production, exploration, petrochemicals, refining, marketing, and international shipping. Ocean Marine Egypt (S.A.E) is one of the leading offshore oil and gas marine services companies in Egypt, with over 30 years of experience in providing services to the middle-estern oil and gas companies.We offer a broad range of offshore marine services that include crew and supplies transport, towage, anchor handling, offshore project assistance and regularly undertaking salvage operations. ADES International Holding extends oil and gas drilling and production services through its subsidiaries and is a leading service provider in the Middle East and North Africa, offering onshore and offshore contract drilling as well as workover and production services. Cheiron is an independent exploration and production company focusing on revitalizing and optimizing production at medium-sized mature fields. Natural Gas companies in Egypt Add your free listing . Oil & Gas Companies in Egypt Egyptian General Petroleum Corporation - EGPC -- Egypt EGPC activities in Exploration, Crude oil & Natural Gases Production, Refining & Processing, Local consumption, Petroleum Projects, Petroleum & Environment and Training & Manpower. economy. OIL also provides various E&P related services. The ‎approximately $9 billion development is a testament to bp's long-term commitment ‎to Egypt as it represents an important contribution to meeting Egypt's growing energy ‎needs by providing a cost-competitive and resilient gas supply from the country's own ‎resources.‎ bp has an 82.75% stake in the West Nile Delta development . Egypt's non-oil commodity exports rose by 40 percent in the first nine months of 2021 to record USD 29.7 billion, compared to the USD 21.2 bln in 2020 Egypt, Israel sign MOU to increase gas supplies International oil companies (IOCs) play a large role in Egypt's upstream oil sector, holding shares in producing assets in partnership with EGPC. This list does not include companies only involved in refining and marketing. Compared to the previous year, this was an increase from 220 million 42-gallon barrels. When it comes to oil and gas exploration and production, Egypt is in a different league than its neighbors in the Eastern Mediterranean. The announcement came during Minister of Petroleum Tarek El Molla's meeting with a delegation from APACHE headed by its CEO, John Christmas, in the presence of Egyptian geologist Ashraf Farag. Upstream sector covers exploration, production, and transmission of oil and gas. Company name Address Phone Fax Main Activity Executives Oil production, oil wells drilling (Company works according to agreement, signed by Shahin El-Sayed Shahin 1 Rashid Petroleum Maadi,Cairo Cairo [Egypt] + 20 2 5188400 + 20 2 3776180 Egyptian petroleum cooperation & shell Egypt company.)