Hyproc Shipping Company
| Company type | Joint-stock company (SPA) |
|---|---|
| Industry | Shipping, Hydrocarbon transportation |
| Founded | 1982 |
| Headquarters | Oran , Algeria |
| Owner | Sonatrach |
| Parent | Sonatrach |
Hyproc Shipping Company (in Arabic: هيبروك للنقل البحري) is dedicated to the sea transportation of hydrocarbon products. Established by a government decree in 1982, its headquarters are located in Oran, Algeria. Since 1997, it has functioned as a fully owned subsidiary of Sonatrach.
History
The company was initially founded in 1982 under the name Société Nationale de Transport Maritime des Hydrocarbures et des Produits Chimiques (SNTM-HYPROC). It was restructured into a joint-stock company (SPA) in 1995. In October 1997, it became entirely owned by the Sonatrach group through the holding entity Société d’Investissement et de Participation (SIP).
By December 2001, Hyproc was integrated into Sonatrach's Société de Valorisation des Hydrocarbures (SVH). Following amendments to its statutes, the company adopted the name "Hyproc Shipping Company" in 2003.
MC Oran
During the Algerian Gas Industry Association Symposium held in Oran on 14 March 2023, it was revealed that Hyproc would assume the role of majority shareholder and sponsor of the football club Mouloudia Club of Oran (MC Oran).
On 17 July 2023, Hyproc finalized the purchase of 90% ownership of MC Oran's shares, while the remaining 10% remained with the club’s amateur sports association CSA/MCO. This transaction officially transitioned MC Oran into a professional football club under Hyproc’s stewardship.