Eng. Sameh Fahmy, the Egyptian minister of Petroleum, issued his orders to bring some movements to the head of General Petroleum Company (GPC) and some other companies. Eng. Sherif Sousa was promoted to be the chairman of the GPC instead of Eng. Reda Moustafa.
Sousa was the CEO of Rashid Petroleum Company (Rashpetco) before becoming the CEO of GPC. Besides, Eng. Raafat El Beltagy was appointed to fill Sousa’s place in Rashpetco.
Another move saw Eng. Kamal Gaballah, a previous operation manager of Abu Qir petroleum company, becoming the CEO of North Alamein Petroleum Company and to replace Dr. Mohamed Ali Badawy, who reached the legal retirement age.
Moreover, Eng. Abed Ezz El-Regal, who was the General Manager of production facilities in EGPC, replaced Eng. Ashraf Mekawy to lead North Sinai Petroleum Company (NOSCO). Mekawy turned out to be the CEO of South Dabaa Petroleum Company, replacing Eng. Amin Amer who reached the legal retirement age.