Scimitar Production Egypt Ltd. (Spel)

Founded in 1998, Scimitar Production Egypt Ltd. is an oil producing company at the forefront of heavy oil in Egypt. The company operates the Issaran concession, onshore on the West coast of the Gulf of Suez (“GOS”), in which it operates the heavy oil development through a PSA with the General Petroleum Company (GPC). The main activities include Production of oil, injection of steam, Drilling, Reservoir Development, Steam Modeling, and Exploration of oil and gas and all other activities that take place in an upstream oil company. Scimitar Production Egypt Ltd. key objectives are to run a safe and responsible operation; innovate, grow reserves and grow production by employing the use of technology and resources. The company currently employs more than 500 employees. Our future includes the focus on developing of existing assets and on maintaining the business growth as well. We achieve through a highly skilled team of the most experienced talents, who ensures our commitment to safety and reliable operations. We consider our core values as our pillars towards the future culture of our organization. Our core values are: • Integrity & Respect • Accountability • Fairness • Continuous improvement • Teamwork • Leadership