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In search of partnership in Egypt

Source: www.gulfoilandgas.com 4/15/2008, Location: Africa

Rezex a trading company specializing in the field of Petroleum Products and Bi-Products is in search of a partnership within Egypt for the acquisition, operation, and production of an Egyptian Government previously owned concession.

Rezex is aiming in becoming a producer of it own traded commodities in order to further integrate, and hence creating a further competitive edge for itself in the global market of petroleum trading. This integration can only be possible with a partnership of a company with the know how of excavation and extraction.

In search of an excavation company Rezex has set pre-requisites for such. Firstly Rezex is looking for a company within the same size and dimension as its own, i.e. being small and flexible. Secondly the excavation company has to have set a growth plan within the same direction as that of Rezex. Thirdly and lastly but definitely not least in importance, both Rezex and its new partner should be aiming in the direction of acquiring a concession of suitable size and production.

Henceforth the concession size and capcity should not be more than that of 13000 to 15000 bpd. The reason for such production size and capacity is that this volume meets the current contracted volumes of Rezex with its clients and its projected/estimated and planned growth scheme over the next months till year end.

The deadline set for such agreements is preferable prior to 1st of June 2008 in order to finalize discussions and terms of agreement prior to the bids' deadline submissions of mid-July set forth by GANOPE's Vice President for Exploration and Productions, Mr. Mohamed Ezat Sakr.

For more information contact:
George F. Mina
General Manager Rezex
15 Salem Salem St.
Agouza, Cairo, Egypt
Tel/Fax: +20237600687
GSM: +20127770174

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Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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