Anglo-Egyptian Oilfields
| Year | Barrels |
|---|---|
| <1911 | 0 |
| 1911 | 21,000 |
| 1912 | 214,000 |
| 1913 | 98,000 |
| 1914 | 753,000 |
| 1915 | 212,000 |
| 1916 | 404,000 |
| 1917 | 943,000 |
| 1918 | 1,935,000 |
| 1919 | 1,517,000 |
| 1920 | 1,042,000 |
| 1921 | 1,255,000 |
| 1922 | 1,188,000 |
| 1923 | 1,054,000 |
| 1924 | 1,122,000 |
| 1925 | 1,226,000 |
| 1926 | 1,188,000 |
| 1927 | 1,267,000 |
| 1928 | 1,842,000 |
| 1929 | 1,868,000 |
| 1930 | 1,996,000 |
| 1931 | 2,038,000 |
| 1932 | 1,895,000 |
| 1933 | 1,663,000 |
| 1934 | 1,546,000 |
| 1935 | 1,301,000 |
| 1936 | 1,278,000 |
| 1937 | 1,196,000 |
| 1938 | 1,581,000 |
| 1939 | 4,666,000 |
| 1940 | 6,505,000 |
| 1941 | 8,546,000 |
| 1942 | 8.275,000 |
| 1943 | 8,953,000 |
| 1944 | 9,416,000 |
| 1945 | 9,406,000 |
| 1946 | 9,070,000 |
| 1947 | 8,627,000 |
Anglo-Egyptian Oilfields Limited was an oil company registered in London, England on 6 July 1911 with a capital of £676,000 (£226,000 Anglo-Saxon Petroleum (Royal Dutch Shell), £450,000 Red Sea Oilfields Ltd) with oilfields in Egypt. It was a subsidiary of Royal Dutch Shell.
Egypt was the first oil producing country in the Middle East, even before Iran, but production was quite insignificant compared to the region's major oil producing countries.
The company headquarter was moved from London to Cairo in 1951 and taxes where henceforth paid to the Egyptian government, except those on dividends paid to UK residents. The company board for the first time met on July 10 in the newly build 10-story Shell House headquarters in which the Shell Company of Egypt Ltd and Anglo-Iranian Oil Co. (Egypt) Ltd were co-tenants.
The capital structure of the company (par value and number of shares issued) did not change between 1920 and 1954. In 1920 it was £1,350,000 (all issued) and as a typical part of the combine owned 60% by Royal Dutch and 40% by Shell. On May 31, 1956 the capital was increased to £5,665,500 and one bonus share issued for each two shares (i.e. a 1+1⁄2:1 stock split). The company properties were sequestered by order of Egyptian authorities on November 2, 1956 (Suez Crisis) and de-sequestered on April 21, 1959 and this was finalized on July 11, 1959 with control passing back to the former owners. In July 1961 the government of the United Arab Republic acquired a 55% 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. It seems to have been nationalised in 1964, and news reports cite Gamal Abdel Nasser's seizing in 1964 while Skinner's Oil and petroleum year book suggests 1951 control.