The company will establish crude oil distillation apparatus with production capacity 1.2 million tons per year.

Nasr Petroleum Company (NPC) plans to refine 3.8 million tons of crude oil and condensates during fiscal year (FY) 2018/2019, NPC’ Head, Nabil Fahmy.

The Suez Oil Processing Company (SOPC), Nasr Petroleum Company (NPC), and Petroleum Pipelines Company (PPC) reported on their operations for fiscal year (FY) 2016/2017.

Citadel Capital, the leading private equity firm in the Middle East and Africa with US$ 9.5 billion in investments under control, confirmed portfolio company National Petroleum Company Egypt Ltd. (NPC Egypt) has divested the National Petroleum Company Shukheir Marine Ltd.

Sea Dragon Energy Inc. is pleased to announce that its wholly owned subsidiary Sea Dragon Energy Holding Ltd. has completed the acquisition of all of the issued and outstanding shares of National Petroleum Company Shukheir Marine Limited.

Sea Dragon and Golden Crescent Investments Ltd. have reached a non-binding understanding to extend the date by which Sea Dragon shall be required to complete its acquisition, directly or indirectly, of all of the issued and outstanding shares of National Petroleum Company Egypt Limited.

Citadel Capital, the leading private equity firm in the Middle East and Africa with US$ 9 billion in investments under control, issued today the following statement regarding revised terms of sale for the National Petroleum Company Egypt.

Sea Dragon Energy Inc. announces that it is revisiting the terms of its agreement with Golden Crescent Investments Ltd. for the acquisition of National Petroleum Company Egypt Limited and intends to withdraw its short form prospectus.

In the session held Oct. 7, chaired by Jordan's Prime Minister Nadir al-Dhahabi, the Council of Ministers approved the partnership agreements between the National Petroleum Company (NPC) and the British company British Petroleum (BP) for the concession of the Al-Rishah gas field, including the agreements for amending the concession, execution, share remittance, and operation.