The Company was established in 1/1/1983 following the declaration of Badr El Din field in the Western desert as a commercial discovery. A development lease was granted according to the concession agreement (law no.99 for the year 1980) made by and between the Government of Arab Republic of Egypt, EGPC & Shell Winning (Presently known as Shell Egypt), on the basis that the Company will operate its activities on behalf of EGPC & Shell. The Company’s name refers to the area where oil & gas were initially discovered, this area has a composite of sand dunes known as Badr El Din , and this area is located in the middle of the western desert, at a distance of 300km west of Cairo, 180 north east of Baharia Oasis
BAPETCO continued its success during the fiscal year 2015/2016 in order to achieve the Company objectives, in the field of Exploration and Development. This was achieved by the remarkable staff as well as the shareholders full coordination and cooperation, we are proud of our production performance which continues at a high daily rate above 135,000 boepd, an increase from circa. 95,000 boepd in 2013.
Finally, we wish to express our sincere gratitude and deepest appreciation to our shareholders for their support and effective collaboration. This has helped to identify and solve critical issues and enable BAPETCO’s continued success and growth. Additionally, we would like to express our full appreciation to the BAPETCO staff for their outstanding effort and contribution which has enabled BAPETCO to exceed the planned targets. The company continued its strategy to develop human resources to focus on building relevant skills, improving the business using Continuous Improvement techniques and providing health and social care.