Corporate History

We have delivered profitable growth year on year since 1999, and are committed to grow organically and through acquisitions in the ME, Africa and Asia.

Milestones
2017

Production–gross/working interest of 88,339/43,218 boepd. Steady growth from existing assets. Shot 3D seismic in Dutch North Sea, AB area. Inaugurated gas processing & export facilities in Daleel.

2016

Petrogas extended its presence to UK, Germany & Denmark through acquisition of PA Resources North Sea assets.

2015

Extending Petrogas International Presence to East Africa (Mozambique Area A) Installed the first Petrogas offshore gas platform in the north sea

2014

Oil & Gas acquisition in Dutch sector of the North Sea. Awarded Petrogas Kahil LLC Oman / Block 55. Petrogas completed the farm-in to Block SL-18, Somaliland

2013

Recorded best ever profit. Added two exploration assets in the portfolio - one in Oman And another in Africa.

2012

Steady growth form existing assets. Achieved Reserves Replacement more than 5.

2011

Production - gross / working interest of 51,106 / 27,048 bopd. Successfully operated three offshore exploratory wells.

2007

Acquired interests in Area-A in Egypt, Block 45 & 48 and Rima cluster small fields in Oman

2006

Awarded three exploration blocks in India

2005

Petrogas E&P established as holding company to subsidiaries (Petrogas LLC & Mazoon)

2001

Mazoon Petrogas SAOC established. Acquired Block 5.

1999

Petrogas LLC is established in January 1999 and acquires Block 7 (Butabul) contract area in Oman from Elf Petroleum.

2017

Production–gross/working interest of 88,339/43,218 boepd. Steady growth from existing assets. Shot 3D seismic in Dutch North Sea, AB area. Inaugurated gas processing & export facilities in Daleel.

2016

Petrogas extended its presence to UK, Germany & Denmark through acquisition of PA Resources North Sea assets.

2015

Extending Petrogas International Presence to East Africa (Mozambique Area A) Installed the first Petrogas offshore gas platform in the north sea

2014

Oil & Gas acquisition in Dutch sector of the North Sea. Awarded Petrogas Kahil LLC Oman / Block 55. Petrogas completed the farm-in to Block SL-18, Somaliland

2013

Recorded best ever profit. Added two exploration assets in the portfolio - one in Oman And another in Africa.

2012

Steady growth form existing assets. Achieved Reserves Replacement more than 5.

2011

Production - gross / working interest of 51,106 / 27,048 bopd. Successfully operated three offshore exploratory wells.

2007

Acquired interests in Area-A in Egypt, Block 45 & 48 and Rima cluster small fields in Oman

2006

Awarded three exploration blocks in India

2005

Petrogas E&P established as holding company to subsidiaries (Petrogas LLC & Mazoon)

2001

Mazoon Petrogas SAOC established. Acquired Block 5.

1999

Petrogas LLC is established in January 1999 and acquires Block 7 (Butabul) contract area in Oman from Elf Petroleum.