In line with the Egypt 2030 vision, the oil and gas sector, as an engine of economic growth, has adopted a new strategy to further fulfil the aspirations of the Egyptian people.
The sector embarked on a modernization project, which aims to design and implement an integrated transformative program for Egypt's oil and gas sector.
Its primary goal is to develop a modern and efficient oil and gas sector by targeting sector governance and accountability, as well as supporting financial sustainability and fiscal balance.
These goals shall ensure the realization of a simplified sector structure with autonomous and independent entities focused on operations across value chain segments. Adherence to international governance standards with high performing boards and performance transparency, as well as following a world-class talent management that recognizes performance and encourages entrepreneurship.
Design and implement an integrated transformative program for Egypt's Oil & Gas sector to enhance its contribution as an engine of economic growth & to reinforce its role as a model for other sectors to mimic.
Analysis and diagnosis of the oil & gas sector, coming up with unified and clear vision leading to seven programs
Setting a detailed timeline with specified milestones and quick wins.
To continuously unlock the sector’s full value chain potential as a growth and a sustainable development engine for Egypt
Achieve financial sustainability.
Become a leading regional Oil and Gas hub.
Role model for the future of modernized Egypt .