Qarun Petroleum Company

Our Company

At a Glance

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. Effective December 19th, 1996 Apache Egypt Inc. assigned and transferred all its assets to Apache Qarun Corporation I. D.C. Effective March 1999, Seagull and Ocean Energy merged into Ocean Energy. On November 19th, 1995, early production started using temporary facilities with an average production rate of 3500 BOPD. On May th 1997, QPC succeeded, wihtin18 months, to complete the permanent facilities and put the field on production with an average production rate of 38,000 BOPD. East Ras Budran was assigned to Qarun on March 2008 where the exploratory well East Ras Budran A-1x, was tested 1900 BOPD.

Field Rig

Mission, Vision & Goals

 Qarun Vision
Qarun Mission
Qarun Goals
Qarun Board Karama Board
Ashraf Abd El Gawad Chairman Ashraf Abd El Gawad Chairman
Jeff Wedgwood Board Member Jeff Wedgwood Board Member
Abd EL-Nasser Khafagy Board Member Abd EL-Nasser Khafagy Board Member
Rodrigo Alejendro Board Member Tim Poulin Board Member
Ashraf Fatouh Board Member Ashraf Fatouh Board Member
Ashraf Ali Hassan Board Member Ashraf Ali Hassan Board Member
Beni Sueif Board E Ras Badran
Ashraf Abd El Gawad Chairman Ashraf Abd El Gawad Chairman
Jeff Wedgwood Board Member Jeff Wedgwood Board Member
Abd EL-Nasser Khafagy Board Member Abd EL-Nasser Khafagy Board Member
Ashraf Fatouh Board Member Ashraf Fatouh Board Member
Ashraf Ali Hassan Board Member Ashraf Ali Hassan Board Member
El-Diyur Board N-El-Diyur Board
Ashraf Abd El Gawad Chairman Ashraf Abd El Gawad Chairman
Jeff Wedgwood Board Member Jeff Wedgwood Board Member
Edgar Kay Cross Board Member Tim Poulin Board Member
Abd EL-Nasser Khafagy Board Member Abd EL-Nasser Khafagy Board Member
Ashraf Fatouh Board Member Ashraf Fatouh Board Member
Ashraf Ali Hassan Board Member Ashraf Ali Hassan Board Member

Environment & Safety

Concern for the environment is one of Qarun's basic responsibilities and a long-standing company commitment. The Environment Protection Department provides leadership on environmental issues and ensures that the company operates in an environmentally responsible manner. Qarun has developed a broad array of operational requirements, engineering standards and performance guidelines to direct its commitment. These include sanitary codes, project environmental assessments, air and water quality standards, occupational health regulations, hazardous material communication guidelines, waste management procedures and vital oil spill contingency plans. Of parallel importance is the commitment to safety. The Loss Prevention Department's mission is to ensure the safety of The Company employees and the public, as well as company assets, by identifying hazards, by controlling risks and by educating and motivating company personnel and their families to work and live safely.