Qarun
Petroleum Company (QPC) was established on August, 13th 1995, as an
operating company for EGPC and the group consisting of Phoenix
Resources Company of Qarun, Apache Oil Egypt Inc, and GNR Seagull at
Qarun area of the Western Desert covered by the concession
agreement.
between the government of A.R.E. (represented by EGPC) and the said
group. Effective May 1996, Phoenix and Apache merged in Apache Egypt
Inc. more
Mission
Preserve the shareholders investment
and confirms their confidence in
participating in the Company more
Vision
Dynamic and flexible to achieve
challenging targets in oil
production and to find and develop
reserves. more