Visit of the Chief Executive Officer of the Egyptian General Petroleum Corporation To Alamein Fields

As part of the on-site follow-up of petroleum field operations and the enhancement of partnerships with companies operating in the fields of exploration and production, Eng. Salah Abdel Karim, Chief Executive Officer of the Egyptian General Petroleum Corporation, conducted an inspection visit to the Alamein fields of Al Hamra Oil Company, accompanied by the Vice Chairmen of the Corporation for Production, Exploration, and Agreements, as well as the Assistant CEO for Safety and Occupational Health, in addition to representatives of foreign partners from operating and investment companies. The visit comes at a time when the strategy of the Ministry of Petroleum and Mineral Resources focuses on maximizing the benefits from petroleum resources and securing the local market’s needs for petroleum products, especially in light of the challenges related to the gap between production and consumption, and the necessity of improving operational performance and increasing the efficiency of producing fields. The visit began with a tour of the production site in the Alamein fields of Al Hamra Oil Company, whose production began in 1967, where attendees inspected the readiness of operational equipment and the generators area. The importance of applying the highest occupational safety standards and safeguarding critical assets was emphasized. A full-scale fire-fighting drill was also conducted to test the integrated protection system, including the mobilization of fire trucks and the simulation of a field injury, to ensure the rapid response of emergency teams and the timely arrival of ambulances — reflecting the Corporation’s and companies’ commitment to the sustainability and safety of operations. The tour also included an inspection of two drilling rigs, one belonging to the Egyptian Drilling Company (EDC) and the other to IPR Company, both operating for Al Hamra Oil Company as part of its program to maintain current production and enhance its rates. Following the field tour, technical presentations were delivered by the companies operating in the petroleum geographical area, starting with Al Hamra Oil Company, followed by Marina Oil, Borg El Arab Petroleum, and finally Alamein Petroleum Company. The meeting was attended by the heads of these companies or their delegates, including Dr. Mostafa El-Aswany, Chairman of Marina Oil; Eng. Sami El-Shehhat, Chairman of Borg El Arab Petroleum; and Eng. Yasser Abdel Aziz Baraka, Chairman of Alamein Petroleum, alongside representatives from the Egyptian General Petroleum Corporation and foreign partners, such as geologist Abu Bakr Ibrahim representing IPR Company. The presentations covered updates on drilling and production, field challenges, well tie-in projects, and the use of solar energy to supply power, in line with the Corporation’s direction toward enhancing sustainability, reducing diesel consumption, and achieving tangible economic savings. In his speech, the CEO stressed that attracting investments depends on a stable and efficient operating environment, noting that “the success of the petroleum sector lies in the success of the partners and the sustainable achievement of fair profits for the partner while safeguarding the state’s resources.” Therefore, companies must work on improving performance, accelerating drilling and maintenance programs, and reducing delays, emphasizing that operational seriousness is a key factor for the continuity and prosperity of investment partnerships. He also stressed the need for contractors to provide trained labor committed to occupational safety and health requirements, warning that in cases of negligence, contractors will bear the costs incurred by companies to ensure a safe environment for workers and equipment. He emphasized the importance of asset integrity and the need for competition among petroleum services and projects companies to improve service quality, ensuring a local breakthrough in the petroleum sector. He concluded his speech by urging company leaders to support youth, saying: “Make way for the youth.” The visit represented a clear message of support to field teams and operating companies and served as an incentive for further development and integration between the Corporation and its partners to secure energy supplies.