and gas s.a. type private industry petroleum and gas exploration founded 2003 headquarters athens greece area served se europe northern africa key people vardis vardinogiannis chairman hussein kamel v. chairman giannis vardinogiannis ceo products oil and gas production profit 131 million 2014 total assets 4.6 billion 2015 number of employees 1 200 2014 website www.vegasoil.com vegas oil and gas s.a. is a company based in egypt focusing on petroleum exploration and gas exploration . headquartered in athens but mainly operating from the cairo suburb of maadi . 1 vegas is wholly owned by the vardinogiannis family . contents 1 activities 2 recent news 3 references 4 external links activities edit vegas is also a large e & p group of companies with assets in usa egypt and yemen . 2 it is 50 % shareholder and operator of the nw gemsa concession circle oil have a 40 % interest and sea dragon energy have the remaining 10 % . 3 oil production from the nw gemsa concession peaked at 9 000 bbl d 1 400 m3 d . 4 all gas currently produced from the field is flared due to sub economic low volumes . 5 vegas is a 35 % shareholder in the alam el shawish west concession with shell egypt operator 40 % gdf suez 25 % . 6 it is operator and 50 % shareholder of the east ghazalat concession western desert with transglobe energy corporation holding the remaining 50 % . 7 8 recent news edit in august 2013 vegas announced it had discovered oil gas and condensate in egypt . 9 references edit vegas welcomes shell in egyptian concession . rigzone . retrieved 2010 01 17 . vegas oil & gas s.a. . linkedin . retrieved 2010 06 05 . egypt shell acquires interest in alam el shawish concession in deal with gdf suez and vegas oil & gas . retrieved 2010 01 15 . sea dragon announces completion of al amir . gulf oil and gas . retrieved 2010 01 15 . egypt oil and gas . egypt oil and gas . retrieved 2010 01 19 . shell egypt to buy 40 pct of w. desert concession . reuters . 2010 01 14 . retrieved 2010 01 15 . vegas booms on the exploration route . egypt oil and gas . retrieved 2010 01 17 . cnn money . cnn . retrieved 2010 01 25 . vegas oil & gas discovers oil gas and condensate in egypt africa oil review africa 2013 external links edit official website circleoil.com seadragon.ca trans globe.com gdfsuez.com shell.com retrieved from https en.wikipedia.org w index.php title vegas oil and gas & oldid 743912714 categories oil and gas companies of egypt navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 12 october 2016 at 00 31 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view