Corporate History
We have delivered profitable growth year on year since 1999, and are committed to grow organically and through acquisitions in the ME, Africa and Asia.
Extending Petrogas International Presence to East Africa (Mozambique Area A)
Installed the first Petrogas offshore gas platform in the north sea
Oil & Gas acquisition in Dutch sector of the North Sea.
Awarded Petrogas Kahil LLC Oman / Block 55.
Petrogas completed the farm-in to Block SL-18, Somaliland
Recorded best ever profit. Added two exploration assets in the portfolio - one in Oman And another in Africa.
Steady growth form existing assets. Achieved Reserves Replacement more than 5.
Production - gross / working interest of 51,106 / 27,048 bopd. Successfully operated three offshore exploratory wells.
Acquired interests in Area-A in Egypt, Block 45 & 48 and Rima cluster small fields in Oman
Awarded three exploration blocks in India
Petrogas E&P established as holding company to subsidiaries (Petrogas LLC & Mazoon)
Mazoon Petrogas SAOC established. Acquired Block 5.
Petrogas LLC is established in January 1999 and acquires Block 7 (Butabul) contract area in Oman from Elf Petroleum.
Extending Petrogas International Presence to East Africa (Mozambique Area A)
Oil & Gas acquisition in Dutch sector of the North Sea.
Awarded Petrogas Kahil LLC Oman / Block 55.
Recorded best ever profit of ~$180 MM. Added two exploration assets in the portfolio - one in Oman And another in Africa.
Steady growth form existing assets. Achieved Reserves Replacement more than 5.
Production - gross / working interest of 51,106 / 27,048 bopd. Successfully drilled three offshore exploratory wells.
Acquired interests in Area-A in Egypt, Block 45 & 48 and Rima cluster small fields in Oman
Awarded three exploration blocks in India
Petrogas E&P established as holding company to subsidiaries (Petrogas LLC & Mazoon)
Mazoon Petrogas SAOC established. Acquired Block 5.
Petrogas LLC is established in January 1999 and acquires Block 7 (Butabul) contract area in Oman from Elf Petroleum.
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