Pharos Energy plc, an independent energy company with assets in Vietnam and Egypt, is pleased to provide the following Trading and Operations Update ahead of the Company’s annual general meeting (A...
Operations
Agile, decisive & productive
Operations
Our production, development and exploration assets in Vietnam and Egypt place Pharos in a good position for future growth.
Pharos have established, valuable assets in Vietnam, with production at two fields (TGT & CNV) and further potential for growth from two additional exploration blocks (125 & 126). We have been present in Vietnam since 1997.
The addition of the El Fayum and North Beni Suef Concessions in Egypt has diversified our portfolio, increased our exploration prospects and reserve position, and established extensive new production resources and will provide a solid platform for future expansions.
We act responsibly and have an exceptional safety record by focusing on efficiency and diligent, practical management.
0
Lost Time Injury (LTI) in Vietnam since inception
5,398
Net production 2025 (boepd)
$19.39
Cash operating costs 2025 ($/bbl)
Where we operate
Egypt
High quality oil production operations and development assets and exploration blocks, building our scale and creating significant opportunities.
Vietnam
Established and valuable assets, with production at two fields and further potential for growth from two additional exploration blocks.
Creating a strategic hub in North Africa and the Middle East
Pharos is currently operating in Egypt and has a focus in the MENA region in addition to its traditional operating hub in South East Asia through responsible management of its current portfolio and careful selection of new opportunities.
Find out moreBenefiting countries & communities
We take our role in society very seriously. We are committed to open, transparent communication, and taking a rigorous, conscientious approach to the environment, our role in society, our business practices and ethics, and how we relate to people.
Find out more
Environment
- 356
tonnes CO2e per thousand tonnes of hydrocarbon produced by equity share in 2025
- 1
oil/chemical spills (quantities greater than 100 litres) in 2025
Society
- $500,000
Combined total training levies in Vietnam and Egypt for investment in industry capacity building in 2025
- $417,867
Community investments supporting 28 social projects in Egypt, Vietnam and UK in 2025
Business
- 100%
oil sold and used domestically in Egypt, contributing to host country development goals and access to energy in 2025
- 100%
oil sold and used domestically in Vietnam, contributing to host country development goals and access to energy in 2025
Ethics
- $133.6m
Taxes and royalties to host governments, includes host governments share of production entitlements in 2025
- 100%
Percentage of staff receiving anti-bribery and corruption training as at 31 December 2025
People
- 0
Lost Time Injury events across Group operations in 2025
- 53%
Female employees across the Group in 2025
Operational news
Pharos Energy plc, an independent energy company with assets in Vietnam and Egypt, announces its preliminary results for the year ended 31 December 2025. An analyst presentation will take place at...
Pharos Energy plc, an independent energy company with assets in Vietnam and Egypt, is pleased to provide the following Trading and Operations Update for recent operational activities and performanc...
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