Corporate Structure 

In 2001, Petrogas acquired the onshore Block 5, Sultanate of Oman. Mazoon Petrogas SAOC, a subsidiary of Petrogas E&P LLC, holds its 50% working interest in the Petroleum Agreement for Block 5, onshore Oman. Daleel Petroleum Co. LLC is the operator of the block. It is an incorporated joint venture with Petrogas and CNPC each having a 50% stake. Daleel Petroleum is set up on a no-profit, no-loss basis.

In 2007, Petrogas farmed in Area A, onshore Egypt. Kuwait Energy Company is the operator and holds a 70% working interest. Petrogas owns the remaining 30% working interest of this service contract with General Petroleum Company S. A. E. (GPC), Egypt.
In 2008, Petrogas was awarded with a service contract to operate the Rima Satellite Small Fields. Petrogas Rima LLC is the operator for the Rima Satellites Small Fields service contract with Petroleum Development Oman (PDO). It has a 75% working interest in the contract, with the remaining interest held by Oman Oil Company E&P LLC (OOCEP). These onshore fields are located in the south eastern part of Oman.


In 2014, Petrogas purchased producing assets through a company acquisition, in the Netherlands. Petrogas registered its subsidiary in the Netherlands, Petrogas Europe (PGE) (registered name is Petrogas International E&P Coöperatief U.A.), to manage its assets in the Netherlands and Europe. PGE is also responsible to further enhance the company portfolio of Exploration and Production assets in Europe and the region. Petrogas E&P Netherlands B.V. (PEPN), a 100% subsidiary of PGE, has operating interests in 11 production and 2 exploration licences in the Dutch Continental Shelf, whereas, Petrogas Transportation B.V. (PT), a 100% subsidiary of PEPN, owns offshore and onshore crude oil and natural gas handling and transportation infrastructure.

In 2016, Petrogas extended its presence to UK, Germany & Denmark through another company acquisition. Currently, Petrogas E&P UK Ltd. (PEPUK), a 100% subsidiary of PGE, having 100% operated interest in Birgitta discovery (through its 100% subsidiary Petrogas North Sea Ltd.), 70% operating interest in 2 exploration licences, all in the UK Continental Shelf (UKCS) and 90% operating interest in 1 exploration licence in offshore Germany. In addition, PEPUK and Petrogas Denmark ApS (PGDKK) has together 24% non-operating interest in 2 development licences in Denmark offshore.