Minister of Petroleum and Mineral Resources Karim Badawi recently met with Thomas Maher, CEO of Apex International Energy, and Kamel Al-Sawi, MiM, CEO of United Energy Egypt. Read more: https://lnkd.in/d5iswhRf #EnergyTransition #Sustainability #Investment #Eog #RenewableEnergy #hydrogen #Production
关于我们
Founded in 2016, with its initial investment in Egypt in 2017 and first oil discovery in 2021, Apex has grown rapidly through exploration and development success and a disciplined approach to acquisitions to become Egypt’s 8th largest oil producer as of the first quarter of 2023. Led by an accomplished management team with vast experience building upstream oil and gas businesses of scale in Egypt and recognized by Egyptian authorities for its rapid production growth, Apex aims to become a leading independent explorer and producer in the Western Desert by further consolidating its acreage position and exploiting organic and inorganic growth opportunities. Egypt remains one of the leading oil and gas provinces in the Middle East / North Africa region, and the upstream industry enjoys broad governmental support.
- 网站
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https://apexintl.com/
Apex International Energy的外部链接
- 所属行业
- 石油天然气
- 规模
- 201-500 人
- 总部
- Houston
- 类型
- 私人持股
- 创立
- 2016
- 领域
- Oil and Gas exploration and production、Asset acquisitions和Capital Investments
地点
Apex International Energy员工
动态
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Thomas Maher of Apex International Energy and Kamel Al-Sawi, MiM of United Energy Egypt meet with HE Eng. Karim Badawi, Minister of Petroleum and Mineral Resources, discussing key issues involving both companies and their pending combination. For more information about Apex, please see our website at www.apexintl.com. #apex #apexinternational #egypt #oilandgas #oilfield #westerndesert #energy #UnitedEnergyEgypt #UEG #Growth
?? Eng.Karim Badawi Minister of Petroleum and Mineral Resources, received Thomas Maher CEO of Apex International Energy and Eng. Kamel Al-Sawi, MiM CEO of United Energy Egypt in Egypt, where they discussed the group's plans following its acquisition of Apex’s assets in the Western Desert. ??During the meeting, Badawi emphasized that the Egyptian government is working to find #sustainable solutions to face challenges. He expressed the #Chinese group's interest to continue Apex’s #operations and build on the #successes achieved in Egypt. For his part, the CEO of Apex confirmed that the company’s operations will continue until the acquisition is completed, and they are #proud of the #success stories they have achieved in #Egypt. ??Meanwhile, Eng. Kamel Al-Sawi, MiM , CEO of United Energy Group stated that the company is preparing to implement an intensive #drilling program once the acquisition procedures are finalized, with the #goal of #increasing production rates and addressing the natural decline of #wells. ??He also emphasized that United Energy's acquisition of Apex reflects the company's interest in #expanding its #operations in Egypt, driven by confidence in Egypt’s petroleum investment #environment. ?? Furthermore, he expressed the group’s intention to #expand its activities to include #renewable energy projects and #hydrogen production. #Egypt #MOPMR #WesternDesert #OilandGas #Drilling #Renewableenergy
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Apex International Energy’s General Counsel & VP, Commercial Nicolas (Nick) Evanoff will be participating as a panelist at EGYPES - Egypt Energy Show.
I'm delighted to participate as a speaker at the EGYPES 2025 Finance & Investment in Energy Conference, aligning capital with energy security and sustainability. EGYPES Finance and Investment in Energy Conference will gather experts to drive meaningful dialogue on how global economies can build a resilient energy future to balance immediate energy security and affordability concerns, while financing the energy transition. I invite you to join me at the EGYPES 2025 Finance & Investment in Energy Conference alongside 2,500+ delegates from 17-19 February 2025 at the Egypt International Exhibition Center. Register for your delegate pass here: https://lnkd.in/gyfB9W_H #EGYPES2025 #EGYPES #energytransition #decarbonisation #energysecurity
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Bluewater sells Apex International Energy after rapid growth in Egypt’s upstream market. Since Bluewater’s initial investment in 2018, Apex has achieved key milestones, including the discovery of oil in its Southeast Meleiha concession in January 2021, which led to first production by August of the same year. The company further strengthened its position in January 2023 by acquiring six concessions in Egypt’s Western Desert from Italian energy giant Eni. In September 2023, Apex also began producing natural gas. Bluewater praised Apex’s leadership team for driving the company’s success. “Roger Plank, Tom Maher, and the entire management team have built Apex into a major player in Egypt’s oil and gas sector,” said Bluewater Partner Salil Oberoi. “We wish them continued success.” Read more: https://lnkd.in/dwnzcW2D #PEInsights #privateequity #exit #energy
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Bluewater announces the signing of an agreement to sell Houston-headquartered Apex International Energy to United Energy (MENA) Limited, a wholly-owned subsidiary of the Hong Kong based United Energy Group Limited. ? During Bluewater's successful stewardship, Apex has grown into one of the independent leaders in Egyptian oil & gas exploration and production. Apex holds interests in 8 concessions, and averaged more than 11 thousand barrels of oil equivalent per day working interest production in 2024. ? Bluewater Partner, Salil Oberoi: “Working with the great leadership team of President & CEO Thomas Maher and Founder & Chairman Roger Plank, we have invested in the business and helped it grow via both new discoveries and acquisitions to become a major player in the prolific Egyptian oil & gas sector. After six years of our ownership Apex International Energy is now on a clear growth trajectory and we are proud to hand the business over to the new owners in such strong shape.” The full announcement can be found here: https://lnkd.in/dzVQ375N.
???????????????????? ???????????? ?????? ?????????? ???????????????? ???? ???????????? ?????????????????????? At Bluewater, we are proud to announce a significant milestone in our journey: the successful agreement to sell Apex International Energy following the remarkable expansion of its Egyptian oil and gas business. ? This achievement underlines the transformative potential of strategic investments and operational excellence in the energy sector. Apex International Energy has grown into a key player in Egypt’s oil and gas landscape, delivering exceptional value and performance under Bluewater’s stewardship. ? We are grateful to the entire Apex team, our partners, and stakeholders for their dedication and collaboration in driving this success. As we transition to this new chapter, we remain committed to supporting innovative energy businesses that redefine efficiency and performance. ? ?? Read the full announcement here: https://lnkd.in/dzVQ375N ? #EnergyInvestments #OilAndGas #ValueCreation #OperationalExcellence #Egypt #Bluewater
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Egypt deal alert! United Energy Group (UEG) has struck a deal to acquire Apex International Energy for a headline US$150 million, subject to adjustments and a deferred payment of US$7 million. UEG is a publicly listed company in Hong Kong, with oil and gas assets in Egypt, Iraq, and Pakistan. The company entered Egypt in 2019 through the acquisition of Kuwait Energy. Apex is an independent oil and gas producer in the Western Desert of Egypt. The company was founded in 2016 and is owned by private investors, led by Bluewater, a private equity company. The acquired portfolio includes 8 onshore concessions, with an average working interest production of over 11,000 boe/d (~90% oil-weighted) in 2024.
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United Energy Group Limited (UEG) and Apex International Energy L.P. (Apex) are thrilled to announce the signing of a sale and purchase agreement under which Apex’s upstream oil and gas exploration and production operations in Egypt will be acquired by United Energy (MENA) Limited as the buyer, with Kuwait Energy Plc as the guarantor. Both the buyer and the guarantor are wholly-owned subsidiaries of Hong Kong-based UEG. Under the terms of the agreement, United Energy (MENA) Limited has conditionally agreed to acquire the entire issued share capital of Apex International Energy Holdings I, the company which holds Apex’s Egyptian business. Read more: https://lnkd.in/dD74UHvR #egypt #energy #agreement #eog #oilandgas #exploration #production #renewableenergy
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Apex International Energy today announced it has signed a sale and purchase agreement with United Energy Group Limited. Pursuant to the agreement, subject to the fulfilment of governmental approvals and customary conditions precedent, Apex will be bought by a subsidiary of United Energy Group Limited, a Hong Kong headquartered, and market listed, integrated energy group with major assets across the Middle East, North Africa, South Asia and Europe. The two companies together will have interests in 13 concessions in Egypt. Gross combined production for the two companies in 2024 averaged 39,000 boepd, which would rank in the top ten oil and gas producers in Egypt for the year. The joint press release of Apex and United Energy can be found at this link: https://lnkd.in/ghXGbnFm. For more information about Apex, please see our website at www.apexintl.com. #apex #apexinternational #egypt #oilandgas #oilfield #westerndesert #energy #UnitedEnergyEgypt #UEG #Growth
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Apex International Energy employees recently had the wonderful opportunity to inaugurate the playground at Ain Shams Distinguished School as part of our CSR initiatives. This project not only enhances the learning environment for the children but also reflects our commitment to community development. A heartfelt thank you to our dedicated CSR Team and the Admin Team for their hard work and unwavering support throughout this project. Special recognition goes to Medhat Shabaan from EGPC and Apex's Ashraf El-Manawy, MCIPS, ACIArb, CICCM, representing Rotary Egypt, for their active participation in the celebration. Your contributions have made a significant impact on this initiative. We're incredibly proud of our team and the difference we are making together! For more information about Apex and its CSR activities, please visit our website at https://lnkd.in/eK25zaHi. #apex #apexinternational #egypt #oilandgas #oilfield #westerndesert #energy #CSR #ESG #CommunityDevelopment #TeamWork
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Apex International Energy wishes you a prosperous New Year 2025! May this year open doors to new opportunities and bring you joy, health, and success in all your endeavors. #apex #apexinternational #egypt #oilandgas #oilfield #westerndesert #energy