Unlocking Value at Mature Fields

PICO International Petroleum (PIP) is revitalizing and optimizing production at small and medium sized mature fields, where its interests span the range of oil and gas upstream activity — from near field exploration, to full field development planning and operations.

PIP focuses on the development of mature oil and gas fields with upstream potential.

Using technical expertise and a controlled cost base, the company unlocks value at declining fields: PIP’s activities are aimed at maximizing reserves and realizing ultimate asset recovery at each of its fields. To read more about our strategy, click here.

From its base in the robust Egyptian mature fields region, PIP is actively expanding into international markets in need of its particular brand of expertise. To read more about our international presence, click here.

Across all operations PIP adheres to international industry best practice HSE standards ensuring the well-being of all employees, the general public and the environment. To read more about our HSE standards, click here.