Partex
Appearance
Partex Oil and Gas (Holdings) Corporation is an oil company which is fully owned by the Calouste Gulbenkian Foundation, from Lisbon, Portugal.
History
In 1938, before the beginning of the Second World War, Calouste Gulbenkian incorporated in Panama a company to hold his assets in the oil industry. It was Participations and Explorations Corporation from which came the name Partex. The Iraq concession was nationalized in 1973 but it go on active in Abu Dhabi and Oman and diversified geographically to other countries like Kazakhstan, Algeria and Brazil.