OUR BUSINESS - GlobalConnect

OUR BUSINESS admin 2017-10-07T21:10:39+00:00

Our Business

At GlobalConnect we identify prospects, with focus of the MENA region, that are uniquely valued, ranging from green field development to brown field management and EOR. Through decades of experience and knowledge in the region, we have the “eye for the jewel” and through our exceptional networking built through years of undisputed trust and reputation, we will contract, finance and manage projects and see them to maturity.

Our Partners

Our business model is built on harmonized partnerships based on cultural fit with our partners on a foundation of mutual trust, top business standards, code of conduct and compliance. Subject to the opportunity at hand, we will engage with our business partners in a thorough transparent due diligence upon which a contracting way forward would be determined.

Our Core Competencies

Our finite edge is the GlobalConnect technical team comprising individuals of distinguished qualifications covering all upstream domains; backed-up by decades of top industry international experiences and local knowledge, in addition to our networking with global worldwide senior advisors. Further, within our executive team experiences that have managed businesses up to $15Bn annually in a major multinational with exceptional record results. We have a proven track record of turning around situations and the ability to take exceptional measures when necessary to achieve and exceed targets. With confidence, we will get it done. In addition to the management of over 2,000 oilfield regional contracts worth of US$5Bn annually. Once the value is determined by our due diligence our contracting way forward has no boundaries with vast flexibilities on the business model thus always ensuring to win-win closures. .

Prospects & Projects

Effective December, 2016, GlobalConnect made its first acquisition, when it acquired 25% of the Abu Sennan concession at Egypt Western Desert, currently producing 3,400 boepd and promising to climb shortly to 7,000 boepd. Deal was approved by Egypt oil ministry in September 2017 and currently GlobalConnect assumes its duties and responsibilities as full partner in the Abu Sennan concession. Additionally, GlobalConnect is studying a few other prospects across the region and soon to make new additions to our portfolio.