Shell in Egypt
1911: The early beginnings
Shell arrived in Egypt in 1911 to operate two concessions in Gemsa and Hurghada. The upstream business was managed by the Anglo Egyptian Oil Company (a joint venture between Shell and British Petroleum), while Shell Company of Egypt dominated all downstream distribution business in Egypt.
1960s: Shell leaves Egypt
In 1964, all Shell interests were nationalised by the government: El Nasr Petroleum Company took over Shell’s refining facilities; Misr Petroleum Company assumed the old Shell marketing and distribution operations and The General Petroleum Company (GPC) took charge of the Exploration and Production arm of AEO.
1970s: Shell E&P returns to Egypt
In 1979, Shell, having returned to Egypt in 1974, discovered the Badr El -Din and Sitra fields. The Badr Petroleum Company, Bapetco, was formed in the early 1980s, as a joint venture between Shell and the Egyptian General Petroleum Corporation (EGPC). This was to be a decisive partnership, as Bapetco assumed responsibility for the development and production of Shell’s fields in Egypt.
1990s: Shell Marketing returns to Egypt
In 1990, Shell Marketing Egypt (SME) was registered to handle all downstream activities including retail, lubricants and marine.
2000 up till now: Embracing the new Millennium
Today Shell continues to explore for oil and gas in Egypt, investing in pioneering ventures, such as Deepwater drilling.