business materials semester 1

2. THE BUSINESS DETAILS
• o Type: Partnership
• o Industry: Natural Gas.
• o Number of employees: 505 Employees.
• o Number of locations: two locations (Headquarters and The Field).
• o CEO & founder: Chairman and Managing Director. Hossam Zaki.
• o Established date: 2008.
• o Head Quarter: Fifth Settlement - New Cairo
• o Annual Revenue: 7.8 million dollars.
• o Annual gross profit: from 5 to 10 percent.
• o Competitors: Rashid petroleum, Badr Eldin, Gasco,

3. o History:
• Pharaonic Petroleum Company (PhPC) is a joint venture company
established in Egypt between EGPC, BP and IEOC
• PhPC currently operates three natural gas production
• . The current compression strategy predicts that a new HP
compression stage will be required by 2013.

4. Mission
• • Deliver Health, Safety, Security and Environmental Excellence.
• • Deliver Maximum and Sustainable Gas Production.
• • Deliver Efficient, Reliable and Compliant Operations.
• • Deliver Competent People Resources.

5. o Vision:
• To be recognized as a leading gas production Joint Venture in Egypt

6. THE HIGHLIGHTS
•Awards: awarded third place in gas production.
• Certifications: PhPC is certified for ISO 45001 and 14001.
•Special programs and projects: The company successfully completed
the offshore and onshore installation of the Atoll field project in the
first half of the fiscal year 2017/2018.

7. Efficiency and Effectiveness
• The company is efficient, because they achieved 96.9% of the
stretched target and a 100% in the target date,
• we can measure a company’s effectiveness by doing everything
through reliable, responsible, systematic management and
operational standards.

8. Planning Function of Management in (PhPC)
What to do:maximum number of factories and to deliver gas to
provinces, preserving environment as a strategic goal by reducing the
consumption of other petroleum products contaminated environment
(LPG – Gas Oil – Fuel Oil), contribute to establishing new plants working
with natural gas, in addition to feed houses and factories located along
the route of these national gas grid pipelines
•How to do:Focusing on the success rate of previous projects and the
development and modernization of the petroleum sector to keep pace
with the requirements of the current era to achieve the highest rates of
success by maintaining environmental standards

9. Strategic plan
• PhPC continues to maximize natural gas reserves, attracting more
investments and creating new job opportunities, in that spirit, the
mega spec project in the Western part of the Mediterranean Sea.

10. Operational plan
• • Upgrade fire and gas system in site admin building, workshops &
outside yard.
• • Study to decrease Onshore gas compressors suction pressure
from 22-to 20 barg