Anglo-Egyptian Oilfields Ltd

Anglo-Egyptian Oilfields Ltd was an oil company was registered in London on 6 July 1911[1] based on oilfields in Egypt.

The company was a joint operation of Royal Dutch Shell and British Petroleum.[2]

In July 1961 the government of the United Arab Republic acquired 50% shareholding of the company. It was renamed as the Al Nasr Oilfields Company on 4 January 1962, and was converted into a United Arab Republic Company.[3] It seems to have been nationalised in 1964, and news reports cite Nasser's seizing in 1964[4] while Skinner's Oil and petroleum year book suggests 1951 control.[5]

The oilfields utilised were the Hurghada and the Ras Gharib, on the western shore of the Red Sea. It also held a joint leases in the Sinai peninsula.[6][7] It had a refinery at Suez.


References

  1. Skinner, Walter E. (1910), Oil and petroleum year book : incorporating the Oil and petroleum manual, Walter E. Skinner, retrieved 24 January 2016 page 67 of the 1962 edition
  2. http://wiki.openoil.net/index.php?title=History_of_Egyptian_oil_and_gas_industry
  3. http://www.fundinguniverse.com/company-histories/egyptian-general-petroleum-corporation-history/
  4. "Nasser Seizes Oilfields.". The Canberra Times (ACT : 1926 - 1995). ACT: National Library of Australia. 26 March 1964. p. 5. Retrieved 24 January 2016.
  5. Skinner, Walter E. (1910), Oil and petroleum year book : incorporating the Oil and petroleum manual, Walter E. Skinner, retrieved 24 January 2016
  6. "New Egyptian Oil Well Tested.". The Advertiser (Adelaide, SA : 1931 - 1954). Adelaide, SA: National Library of Australia. 15 January 1949. p. 1. Retrieved 24 January 2016.
  7. "Egypt's New Oil Find.". The Argus (Melbourne, Vic. : 1848 - 1957). Melbourne, Vic.: National Library of Australia. 29 January 1949. p. 11. Retrieved 24 January 2016.
This article is issued from Wikipedia - version of the 7/3/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.