Egypt Oil & Gas Midstream Industry Overview
The Egypt oil and gas midstream market is semi-consolidated. Some of the major companies (in no particular order) include Egyptian Natural Gas Holding Company, Eni S.p.A, Shell PLC, Egyptian General Petroleum Corporation, and BP p.l.c., among others.
BP p.l.c is actively involved in the production of natural gas supply in Egypt. Through its Joint venture with Egyptian natural Gas holding company (EGAS), Egyptian General Petroleum Products (EGPC), International Egyptian Oil Company (IEOC) – ENI, the Pharaonic Petroleum Company (PhPC) and through collaboration with Belayim Petroleum Company (Petrobel), BP Egypt now produces more than 60% of Egypt’s total gas supply
The company will accelerate growth in hydrocarbon exploration and development activities through its advanced technology and investments in R&D sector. As per the company’s annual report 2022, the company invested around USD 274 million in research and development activities in 2022.
Egypt Oil & Gas Midstream Market Leaders
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Egyptian Natural Gas Holding Company
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Eni S.p.A
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Egyptian General Petroleum Corporation
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Shell PLC
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BP p.l.c.
- *Disclaimer: Major Players sorted in no particular order
