North Petroleum International Company (NPIC), the Egyptian subsidiary of China ZhenHua Oil Company, Ltd., has appointed Deng Yong as its new Country General Manager in Egypt.
NPIC said Deng brings extensive industry leadership and expertise and will oversee the company’s next phase of development in Egypt, focusing on expanding its footprint, improving operational performance, and strengthening long-term strategic partnerships in the country’s energy sector.
The leadership change comes as NPIC seeks to expand its upstream presence in Egypt. The company has previously said it is pursuing opportunities to optimize existing assets and acquire new concessions, including opportunities in mature and frontier basins.
NPIC operates as a wholly-owned subsidiary of Zhenhua Oil, the oil and natural gas exploration arm of the Chinese state-owned conglomerate NORINCO. Established in 2003, Zhenhua Oil manages a diverse global portfolio of 11 upstream projects across six countries, with NPIC serving as its primary vehicle in Egypt since 2014.