Anglo-Egyptian Oilfields Limited was an oil company registered in London, England on 6 July 1911 [1] with oilfields in Egypt. It was a joint venture between Shell and BP. [2]
In July 1961 the government of the United Arab Republic acquired a 50% shareholding in the company. It was renamed as the Al Nasr Oilfields Company on 4 January 1962, and was converted into a United Arab Republic Company. [3] It seems to have been nationalised in 1964, and news reports cite Gamal Abdel Nasser's seizing in 1964 [4] while Skinner's Oil and petroleum year book suggests 1951 control. [5]
The oilfields utilised were the Hurghada and the Ras Gharib, on the western shore of the Red Sea. It also held a joint leases in the Sinai peninsula. [6] [7] It had a refinery at Suez. [8]
Anglo-Egyptian Oilfields Limited was an oil company registered in London, England on 6 July 1911 [1] with oilfields in Egypt. It was a joint venture between Shell and BP. [2]
In July 1961 the government of the United Arab Republic acquired a 50% shareholding in the company. It was renamed as the Al Nasr Oilfields Company on 4 January 1962, and was converted into a United Arab Republic Company. [3] It seems to have been nationalised in 1964, and news reports cite Gamal Abdel Nasser's seizing in 1964 [4] while Skinner's Oil and petroleum year book suggests 1951 control. [5]
The oilfields utilised were the Hurghada and the Ras Gharib, on the western shore of the Red Sea. It also held a joint leases in the Sinai peninsula. [6] [7] It had a refinery at Suez. [8]