From the discovery of the Bakr Field in 1958 to today's advanced joint venture operations, we have been a cornerstone of Egypt's domestic energy production.
Seven decades of continuous operation, strategic partnerships, and technical evolution.
Original discovery of the Bakr Oil and Gas Field, establishing one of Egypt's foundational onshore petroleum assets with 135 million barrels of recoverable reserves.
Field development accelerated with advanced drilling techniques and enhanced recovery programs to maximize output from mature reservoirs.
PetroBakr Petroleum Company established as a strategic joint venture between the Egyptian General Petroleum Corporation (EGPC) and Vaalco Energy, combining state oversight with independent operational agility.
Commenced development drilling at Arta 92 well with Minister Badawi's oversight. Announced $121M investment plan alongside South Ghazalat targeting 14,000 bopd combined output.
Experienced professionals guiding PetroBakr's operational and strategic direction.
Overseeing PetroBakr's strategic direction, stakeholder relations with EGPC and Vaalco Energy, and overall operational governance.
Leading exploration initiatives, reservoir evaluation, and new well development strategies across PetroBakr's concession areas.
Operating with transparency and integrity under Egypt's petroleum regulatory framework.
Operating under EGPC-approved concession terms with defined cost recovery mechanisms and crude oil sales arrangements.
Zero-tolerance policy for corruption with regular audits and compliance training for all personnel.
Full compliance with Egyptian Ministry of Petroleum regulations, environmental standards, and labor laws.
Investing in the communities where we operate and prioritizing Egyptian talent and suppliers.
Over 95% of PetroBakr's workforce is Egyptian, from field operators to petroleum engineers. We prioritize local hiring and continuous skills development.
Active investment in health, education, and infrastructure in New Maadi and operational zones near the Bakr Field.