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Should the Egyptian military provide protective security details for oil and gas operations in the Sinai and Suez regions?
 
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FEATURED NEWS
Palestinians Seek to Drill for Oil in West Bank

The Palestinian Authority on Tuesday announced plans to explore for oil in the West Bank, throwing a new element of uncertainty and confusion into troubled U.S.-backed peace efforts. more...

Lukoil
Russia's Lukoil hopeful of new gas deal in Saudi Empty Quarter

Russia's Lukoil is negotiating a deal with the world's top oil exporter Saudi Arabia to tap unconventional gas deposits in the kingdom's "Empty Quarter" desert region, the company's overseas unit said. more...

Baghdad, Erbil reach agreement over exporting oil, endorsing Budget

Baghdad (AIN) -The Central Government and Kurdistan Region have reached a compromise over exporting the oil and endorsing the Budget. more...

DNO
DNO Jumps Most in Month as New Wells Push Tawke Output to Record

DNO International ASA (DNO), a Norwegian oil producer focused on northern Iraq, gained the most in a month in Oslo after two new horizontal wells increased output at its Tawke field in the Kurdistan region of Iraq to a record. more...

Kuwait Oil Company
No leakage at oil installations- KOC

Kuwait Oil Company (KOC) on Tuesday emphatically denied rumours on social media sites about purported oil leakage at some installations. more...

PGNIG
PGNIG Withdrawing from Egypt Investment

PGNIG recently decided to withdraw from its oil and gas exploration project in Egypt amid geopolitical risks, reported Reuters. more...

Egypt's Energy Efficiency Master Plan Roundtable
 
 
Egypt Oil & Gas Media Planner 2014
 
 
UPCOMING EVENTS
Middle East Health, Safety, Environment & Sustainable Development Conference and Exhibition
September 22-24, 2014
B2B for Investment & Real Estate Marketing
Egypt Oil & Gas Newspaper
Insider Perspective: Former Egyptian Minister of Oil Osama Kamal Gives Daring Interview
Egypt Oil and Gas had the opportunity to interview Former Egyptian Minister of Oil Eng. Osama Kamal.
Negotiating Terms and Recovering Costs: Egypt's Tedious Production Sharing Agreements
Production Sharing Agreements (PSAs) for oil and gas exploration are seen as a characteristic of developing countries that “seek to exploit their resources for economic rents but lack the experience or technical expertise to bear the financial burden,” wrote energy law expert Marcia Ashong in her 2010 Dundee University study on cost recovery. While international oil companies (IOCs), desire for swift recovery of costs and profit maximization, delayed payments to contractors have caused frustration for IOCs as national debt mounts in Egypt.

March 2014 Issue

March 2014

Egypt Oil & Gas Research & Analysis
INDUSTRY INDICATORS
 
Natural Gas Daily
4.30
06-01-2014

Egypt Suez Blend 33 Weekly
111.07
11-11-2011
Current Rig Utilization in Egypt - September2013
Currency Exchange Rates 30-01-2014
US Dollar 6.9588 EGP
Euro 9.4626 EGP
Sterling 11.4730 EGP
Yen 0.0679 EGP
Stock Market
06-01-2014
Company
Start End
Alexandria Mineral Oils Co.
17.29 17.11
Sidi Kerir Petrochemicals
63.94 63.88