San Misr Revenues Increase 30% in 2020

San Misr Revenues Increase 30% in 2020

The Egyptian Maintenance Company (San Masr) has announced an  achievement of a growth in 2020 roughly EGP 6.6 billion, which indicated an increase of 30% compared to 2019, a relevant press statement cited.

Per the statement, these remarks were made during San Masr General Assembly meeting held via videoconference and chaired by Minister of Petroleum and Mineral Resources, Tarek El Molla to review results and achievements of San Masr in 2020.

During the meeting, Mohamed Shimy, Chairman of San Masr, reviewed some of the company’s projects in Egypt including providing comprehensive maintenance and development activities as well as providing technical support and maintenance of turbines, marine wells, facilities, specialized workshops, and fixed equipment.

In addition to constructing greenhouses in cooperation with Enppi, the company could offer asset rehabilitation at its workshops in the cities of Badr and Suez for a number of petroleum sector companies.

The company also completed the electrical maintenance works for substations for Cairo International Airport’s Terminal 1, 

He also demonstrated San Masr work abroad, noting that it managed to provide maintenance of production facilities stations, gas separation stations, wells, turbines, and liquefied gas plants.

Moreover, the company provides specialized maintenance and development services for a myriad of international oil companies (IOCs) such as Eni, BP, and ExxonMobil in Iraq, Jordan, the UAE, and Angola. 

For his part, Tarek El Moll, Minister of Petroleum and Mineral Resources, praised the company’s development especially in the field of comprehensive maintenance in various fields of oil, gas, and petrochemicals. He also called for continuous development in the field of digital transformation and for developing training programs.

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