The oil and gas industry has seen a rise in the importance of independent producers with the ability to manage and develop small to medium sized oil and gas fields and ventures in a cost effective manner. In realizing this trend early on, PICO Petroleum seized the opportunity to occupy a niche in the evolving Upstream Industry. PICO quickly established itself as an important player in the Egyptian Oil Sector by proving its ability to take control of medium and small sized fields with diminishing production levels and efficiently restoring their producing capacities beyond conventional expectations. PICO operates Amal, Zaafrana, and Gemsa fields, and holds working interests in Osoco, West Quarun, West Gabal El-Zeit, and South Ramadan fields. more...

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