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Largest 2P Reserves Amongst Peers
EGPC Receivables Successfully Managed
Established reputation in the MENA region as a reliable operator with an excellent track record
Long standing relationships with regional governments, NOCs and IOCs
Trusted partner as an indigenous company with international standard of operating expertise since 2008
Block 9 represents one of the largest independent-operated oil field developments globally
(3)
Egyptian business benefits from broader strategic partnership with EGPC, including EGPC’s investments in Iraq
818
480
392
322
264
205
54 50 37
Kuwait
Energy
Seplat DNO Tullow Genel
Energy
Maurel
& Prom
Ophir Cairn SOCO
131
164
117
66
30
YE2011 YE2012 YE2013 YE2014 YE2015
2P Reserves (mmboe)
(1)
Receivables at Year End ($m)
Source: Company filings, GCA report.
(1) Source: Latest company disclosure for peers; Kuwait Energy figures based on GCA report as at 31 December 2015 prior to Siba and Abu Sennan farm-out and excludes Oman reserves due to service contract restrictions.
(2) Net of royalties.
(3) Source: Wood Mackenzie; excluding fields operated by oil and gas majors and national oil and gas companies.
Regional Champion and Indigenous E&P
Operator
(2)
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