Scimitar operates under a Petroleum Service Agreement with the General Petroleum Company (“GPC”) who is the owner of the assets, both the Issaran Field as well as the fixed assets that Scimitar has acquired for exploitation of the field.
Scimitar and GPC have a strong and effective working relationship covering technical operations, well approvals, HSSE, inventory checks, secondment of GPC engineers at Scimitar as well as policy support at other government levels. The unique relationship with GPC has been built over many years involving many individuals within the company.
Scimitar and GPC are together aiming to maximise the recovery of the very large Issaran Field, through cost effective, innovative and state of the art technology.
you can learn more about GPC and their operations by visiting GPC’s website: http://www.gpc.com.eg