Our passion is to strive for unmatchable services to all our customers. – Islam Mustafa Mohammed Metuli
Egypt boasts a rich oil and gas history dating back to 1886. Over the last 125 odd years, the country’s PSM PETROLEUM industry has seen mostly good times. Oil and Gas is one of the most dynamic industries in Egypt, and hydrocarbon production is by far the largest single industrial activity in the country. Egypt has significant energy resources, both in traditional fossil fuels and in renewable energy. Egypt’s proven hydrocarbon reserves stood at 3.3 billion barrels of oil and 62.8 trillion cubic feet (tcf) of natural gas at the end of 2017.
The oil and gas sector has witnessed the ripples of change in the last few years in comparison to the relatively static and monotonous process after the advent of new and proactive companies’ hoverboarding the growth to an enhanced dimension. Innovating ideas and going beyond the conventional lines of providing petroleum services, challenging the exiting industry is one such brand PSM Petroleum Services, who’s meticulously meeting the demands of customers. Offering diversified, comprehensive, distinguished and sustainable petroleum products and services to customers with the highest quality at the lowest possible cost, the company is an initiative of Islam Mustafa Mohammed Metuli, CEO who sown the seed of a world-class petroleum services and products company with a passion to bring improvement in the petroleum industry.
Strategically headquartered in Egypt with branches in other parts of the world, they have their strong presence throughout the Middle East. Incepted in 2015, the world-class petroleum services and products company PSM Petroleum Services is also a regional and local leader in petroleum products and services, working with partners to be the first choice in the field of and excellence by providing innovative and leading solutions as well as focusing on the growing needs of the customer in the community.
As an individual company, PSM Petroleum is expanding its relationship globally, adhering to ethical standards and dedication to maintaining environmental and community safety and contributing to improving the economy
THE MAN WHO CEMENTED THE VISION
The man of his destiny and words of course, Islam Mustafa Mohammed Metuli is the man behind PSM Petroleum. Result-driven, growth-oriented, focused professional with years of experience, Islam Mustafa has attained comprehensive exposure in establishing as well as stabilizing businesses in the petroleum field. He is a 32-year-old Egyptian national Honorary Doctorate in Project Management, who works rigorously towards his dream and likes to put customers first.
SERVICE PORTFOLIO
Purpose-built to serve the myriad needs of people, PSM Petroleum Services is acingit; they are providing services in creative ways and according to the latest technologies, contemporary and potential and achieve aspirations. Some of its offerings are;
- Drilling Rigs
- Maintenance Drilling Equipments
- Surface well Testing
- Industrial Oils
- Training Courses
With its unique solutions, the company offers multiple services to meet customers’ needs and make them accessible and useful to the community and institutions.
THE GENESIS: HOW IT ALL STARTED
On asking about the company’s inception; Islam Mustafa shares, “Since I graduated from the Faculty of Engineering department of petroleum engineering in 2010 I went to work in one of the companies specialized in training employees in the field of oil and from 2010 to 2011. Then I joined in one of the company’s marketing petroleum products and worked there for two years and moved to work in a specialized company in the field of equipment maintenance.”
“I gained a lot of experience and decided to set up my project, PSM Petroleum Services, in 2015 and initially working in two fields: labour training and marketing of petroleum products. Here, we have trained many oil companies at the local level and national level and we have also provided many oil products to countries,” he further adds.
A GLIMPSE OF OIL AND PETROLEUM INDUSTRY
In the current situation and the main challenges are the presence of the so-called oil mafia that works to steal oil products worldwide, which led to the emergence of some gangs that impersonate factories and buyer yen for these products for this mafia which affects the economy and the oil market International also leads to the fall of many companies under their reach.
“The solution to this phenomenon is the establishment of strict laws to deal in this area as I advise the need to establish an international institution to assemble all companies that work in this field whether seller or buyer or intermediaries. Because of this phenomenon continues, black gold and its derivatives will be lost and it will not reach its beneficiaries,” states Islam Mustafa on talking about the solution.
HICCUPS ON THE WAY
At first PSM Petroleum Services was a small company and many big companies were controlling this market. Among them, several giant companies were refusing to deal with PSM Petroleum Service at the time due to its small market size. But because of its outstanding team and unique strategies, the company could survive and today stand on steady feet; it has become one of the big companies. In the recent past, PSM Petroleum has transformed completely from just a marketing company to an industrial company.
SECRET BEHIND THE SUCCESS
The underlying factors;
1- Adhering to values and business ethics.
2- Wise management.
3- Outstanding staff
4- Fruitful cooperation between the team and each other and cooperation between PSM Petroleum Services and many companies
5- Work to satisfy customers in all cases
6- It also has after-sales service.
CORPORATE ETHOS IN THE WORKSPACE
It is necessary to motivate and encourage the team by listening to their opinions and implementing what can be implemented and discussing what cannot be implemented. It helps the team to develop the element of belonging to work and love of work and singing for the public interest as well as. At PSM Petroleum, people are given space for innovation and creativity. The management team rewards the team if they succeed and correct them if they make a mistake.
LONG TERM CUSTOMER RELATIONSHIPS
“The thing that connects the customer to the company from my point of view is after-sales service because it makes a strong relationship between the client and the company as it makes the customer feel that we are one family and not just a seller and consumer relationship,” asserts Islam Mustafa.
COOKIES IN THE JAR
At PSM Petroleum, it is understood that to be the leading name, one should have the right mindset and plan in-line with a proper approach maintained with due diligence. They have followed a systematic approach for excellence, and professionalism, the company has inevitably supported the companies and people by providing the top-quality products at the best market price.
The company obtained the ISO certificate in management 1001 in 2019 and PSM Petroleum Services has contracted with many local and international companies in providing their needs for trained labour as well as petroleum products as well as well-maintained wells such as Egypt, Bangladesh, Tunisia, Kazakhstan, India, Russia, Canada, and China.
The petroleum industry with time has altered into different faces, the development is more rapid, the growth is at sweet pace, the goodwill is being given it is due importance, and PSM Petroleum Services believes in growing at the same pace.
PLANS AHEAD
The company is now looking forward to targeting the audience on a wider range. They are also planning to extend their team that is professional strong and expert. It would not just amplify the quality of their offering but also deliver a product that is in the best interest of people.
Islam Mustafa wraps with, “Finally, we hope to be one of the first leading companies in this field in the future.”
