A united system for management of resources and assets (SAP) of the Egyptian General Petroleum Corporation (EGPC) has been recently launched by Misr Petroleum Co., a step that forms a crucial add to the work of the company’s affiliated refineries and distribution firms.

SAP provides an extensive range of software solutions that optimize operational workflows, promote data governance, and facilitate informed decision-making across diverse organizational domains.

“It is a historic day in the journey of Misr Petroleum,” said Mohamed Maged Bakheet, Chairman of the company.

He credited the project’s success to the full efficiency, eagerness, and ability of the working team to face challenges, stating that they met all expectations and presented an outstanding performance.

“This achievement reflects their belief in the importance of development and their willingness to embrace change, enriching Misr Petroleum’s operations and ensuring a more structured and dynamic work environment for all employees,” he added.

He also stated that the experience gained from this application will be transferred to the Cooperation Petroleum Company and integrated as a strategic arm in providing petroleum products alongside Misr Petroleum.

On the occasion of the project’s launch on Thursday, Ahmed Khalifa, EGPC’s Deputy Chairman for Planning and Projects, congratulated the team who conducted this project on their achievement, emphasizing that this launch signifies the beginning of a new phase that will validate the decision to invest in such project.

Iman Wafy, Assistant CEO of EGPC for Information Technology & Telecommunications, stated that the SAP system was first applied to the four distributing companies in November 2022 with the full support of the authorities the matter that led to this launch at Misr Petroleum, to follow the line of Pipelines and Petrogas companies.

Some companies, including Enppi supported the project as it provided consultations and technical support and IBM as it dedicated cooperative teams. Additionally, the Ministry and EGPC provided investments and full support to the project as Wafy noted.

“Now we can speak of a comprehensive and interconnected system that includes the EGPC, six refining companies, and four distribution companies in a single downstream value chain, an unprecedented achievement in Egypt,” she added.

On his part, Ayman Abdel Badie, EGPC’s Vice Chairman for Transport and Distribution, highlighted the significant role Misr Petroleum is playing especially in the oil transportation and marketing system which includes 14 other marketing companies in the local market that work together to ensure stable supply of petroleum products as a key objective of the Ministry of Petroleum and Mineral Resources.