PICO International Petroleum (PIP), as a part of PICO Group, is a successful independent operator in the Egyptian oil and gas sector. Since its inception 1989, PICO has grown to become the largest private Egyptian Exploration Production (E&P) player and the largest independent producer in Egypt’s Gulf of Suez Region.
PICO focuses on the development of mature oil and gas fields with upstream potential.

to date,PICO is successfully operating 4 off-shore concessions in the Gulf of Suez (GoS).Apart from that, PICO also holds non-operating equity shares in another offshore concession in the GoS aswell as equity shares in an oil field in the WD.

Today,PICO is considered a leader in the category of “mid-sized independents” in terms of reserves on a Proved+Probable (2P) volumes basis.