Investing Companies in Petroluem Sector Print

In witness of the great progress taking place within the Hydrocarbon Sector and the outstanding economic matrix adopted and applied, the Hydrocarbon sector attracted heavily foreign investments in the fields of Oil / Gas and Petrochemical industries / Technologies that require substantial financing . In reference to the above mentioned statement and in addition to secure the Egyptian financial status the Hydrocarbon sector encouraged international investments in the fields of Exploration /Development and production . Currently Egypt has 84 exploration and production operators, 49 of this figure are Multinational firms and the rest are either joint-ventures or nationals . The international trend of modernization has produced and urgent global need to Oil / Gas and petrochemical yields especially those which are exploited in our day to day requirements , this is has boosted the hydrocarbon sector to establish 27 joint-venture entities either Arab or otherwise partnerships . Today Egypt has 84 investing firms in different fields of Oil / Gas and petrochemical activities . The following illustrates the various companies operating within the different activities of the Hydrocarbon Industry :-

Upstream Companies.
Downstream Companies.
Mineral Resources Companies.

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