Features

Jack Beckford

  • Oil Fights Back: Brownfield Rejuvenation in Egypt
    Overview

    Oil Fights Back: Brownfield Rejuvenation in Egypt

    Wednesday, 4th November 2020

    Oil brownfields are the backbone of the oil industry. According to a report from IHS Cambridge Energy Research Associates, two-thirds of the world’s daily oil production hails from mature fields. This figure is even greater in Egypt, and according to empirical data at Egypt Oil & Gas’ (EOG) “Future of Egypt’s Brownfield Development” roundtable, crude production from brownfields in Egypt makes up a resounding 77%.

  • Revitalizing Brownfields: A Case Study from The Western Desert
    Paper Review

    Revitalizing Brownfields: A Case Study from The Western Desert

    Wednesday, 4th November 2020

    The issue of revitalizing brownfields in Egypt is a pressing issue. With over 70% of Egypt’s oilfields in a mature stage of their production lifespan, the need to prolong the oilfield’s lifespan is of paramount importance. As a result, a myriad of revitalization techniques have been implemented to try and boost production at brownfields.

  • Energy Egypt Highlights Advantages of Spoolable Composite Pipeline
    Events

    Energy Egypt Highlights Advantages of Spoolable Composite Pipeline

    Tuesday, 6th October 2020

    Energy Egypt held its first online webinar on September 24 to discuss the latest updates on the prevalent debate on Spoolable Composite Pipeline (SCP) and Steel Pipelines (SP). The Webinar titled “The Economical Benefits of SCP vs Steel”, was organized by Energy Egypt and Shawcor, giving industry experts’ insight into the matter.

  • THE EMGF: Navigating Choppy Waters
    Overview

    THE EMGF: Navigating Choppy Waters

    Tuesday, 6th October 2020

    With the Eastern Mediterranean home to over 70 trillion cubic feet (tcf) of gas discovered since 2009, its commercial potential is undeniable. As large swathes of these reserves are located offshore, production costs are naturally higher. Thus, the challenge that faces Eastern Mediterranean gas producers is identifying markets where gas extraction can be commercially viable.

  • A Deeper Understanding of The Offshore Nile Delta: Organic Geochemistry of Condensates and Natural Gases
    Paper Review

    A Deeper Understanding of The Offshore Nile Delta: Organic Geochemistry of Condensates and Natural Gases

    Tuesday, 6th October 2020

    The natural gas potential for Egypt in the offshore East-Mediterranean region is undeniable and accounts for about 60% of Egypt’s 223 billion cubic feet (bcf) of proven natural gas reserves and nearly six million barrels of natural gas liquids, according to data from a recent study . One of the most prolific concessions is the West Delta Deep Marine (WDDM) concession with extensive commercial production. Despite years of gas and condensate discoveries that have been achieved in the deep ultramarine Nile Delta Basin of northern Egypt, the genetic origin and formation mechanisms of these hydrocarbons still remain largely unidentified.

  • Petroleum System Modelling: Identification of Promising Oil and Gas Bearings in The Gulf of Suez
    Paper Review

    Petroleum System Modelling: Identification of Promising Oil and Gas Bearings in The Gulf of Suez

    Monday, 7th September 2020

    One of the most vital tasks in the oil and gas industry is to minimize the failure of exploration by means of accumulating accurate and reliable data. This can be achieved by amassing comprehensive information about the types and volumes of the pre-existing hydrocarbons before embarking on drilling operations. Coming up dry can have huge financial implications and, in a time where strong profit margins are imperative, this data has never been so important.

  • Has COVID-19 Knocked the Wind Out of Egypt’s Transition to Renewables?
    Industry Insights

    Has COVID-19 Knocked the Wind Out of Egypt’s Transition to Renewables?

    Monday, 10th August 2020

    Against the background of low oil prices, the market has been flooded with cheap energy which threatens to derail the global transition to renewables. The Financial Times maintains that the perfect storm of disruption to supply chains, coupled with historically low oil prices, could potentially alter governments’ policies towards energy transition. However, Omar Nagi, Head of Wind Energy at Infinity Energy, views this as a chance to accelerate the low carbon economy and set the world on a green path.

  • Nanoparticle Technology: Optimizing Drilling Technology in Egyptian Oil, Gas Fields
    Paper Review

    Nanoparticle Technology: Optimizing Drilling Technology in Egyptian Oil, Gas Fields

    Monday, 10th August 2020

    To maximize profitability on Egypt’s exciting opportunities, efficient drilling operations are required. Drilling fluids area vital component of drilling efficiency. They fulfill several vital functions including controlling pressure, carrying cuttings and cooling bit and drill strings, and stabilizing wellbore as well as controlling fluid losses.Due to its substantial impact on operational efficiency, it comes as no surprise that drilling fluid technology is one of the most targeted and developed technologies worldwide.

  • EOG First Webinar Discusses Pandemic, Commodity Price Crash
    Events

    EOG First Webinar Discusses Pandemic, Commodity Price Crash

    Thursday, 9th July 2020

    Egypt Oil & Gas (EOG) held its first online webinar on July 1 to discuss the impact of the novel coronavirus on Egypt’s oil and gas sector. The webinar, titled “Egypt’s Oil and Gas Sector Pandemic and Commodity Price Crash”, hosted industry experts to share their insight on these prevalent issues and also give insight as to how their companies were dealing with the ensuing pandemic.

  • Deal or No Deal: A Post Coronavirus M&A Landscape
    Industry Insights

    Deal or No Deal: A Post Coronavirus M&A Landscape

    Thursday, 9th July 2020

    Aftershocks of the recent oil-price war and production cuts, fueled by the COVID-19 pandemic, have created an unprecedented environment for mergers and acquisitions (M&A) in the oil and gas industry. During uncertain times, companies tend to place a stronger emphasis on cash flow and, as Adi Karev, the global oil and gas leader at EY, says, “Everything in the oil and gas sector has switched to a short-term perspective.” Subsequently, many upstream companies have announced major cuts in planned 2020 operational expenditure (Opex), in some cases in excess of a 50% decrease from 2019 figures. However, opportunities present themselves in times of chaos and companies may have the chance to enact structural change by making strategic and opportunistic investments, securing their long-term success.

  • Contract Strategy in Large-Scale Oil and Gas Projects
    Paper Review

    Contract Strategy in Large-Scale Oil and Gas Projects

    Thursday, 9th July 2020

    Due to the dynamic nature of the oil and gas industry, many factors force companies into signing agreements such as engineering, procurement, construction (EPC) contracts. Any delay or inefficiency in these contracts can have a devastating impact. Thus, ideal contract strategy is of paramount importance to avoid deviation from the project schedule or budget to reap the maximum benefit for companies. Unsurprisingly, contract strategy is at the forefront of oil and gas companies’ agenda.

  • Operational Efficiency in The Oil and Gas Sector: An Empirical Approach
    Paper Review

    Operational Efficiency in The Oil and Gas Sector: An Empirical Approach

    Thursday, 11th June 2020

    Cost efficiency has been at the forefront of the agenda of oil and gas companies since the 2008 oil crash and the subsequent reduction in profit margins. Since then, many firms have opted to cut their manpower to avoid high operational costs and also reduce capital expenditure (Capex). At present, with the COVID-19 pandemic, low oil prices are having an adverse impact on oil companies’ expansion, growth and profit margins. Historically, oil and gas firms that can keep their production costs low have been the winners. Thus, enhancing operational efficiency is of paramount importance and is both a simple yet very effective way of improving cost efficiency throughout the sector.

  • Artificial Intelligence: Application in The Oil and Gas Sector
    Paper Review

    Artificial Intelligence: Application in The Oil and Gas Sector

    Sunday, 10th May 2020

    In an industry where profit margins are becoming ever slimmer, innovation and technology is becoming in the heart of the oil and gas industry’s attempt to boost efficiency and buoy profits. Artificial intelligence (AI) helps the oil and gas companies in optimizing their production by identifying the areas of inefficiency and providing informed decision making.

  • Exhuming Lost Gold: An Interview with Mark Campbell, President and CEO of Aton Resources
    Interview

    Exhuming Lost Gold: An Interview with Mark Campbell, President and CEO of Aton Resources

    Monday, 6th April 2020

    You can go back to the pharaonic times, there is no doubt that gold has played a major part in the history of Egypt. You have this time from the pharaonic period to the Romans, and then you have the early Arab period. And this is where gold mining re-emerged again and activity accelerated a lot.

  • The Golden Years: Egypt’s Gold Mining Throughout History
    Overview

    The Golden Years: Egypt’s Gold Mining Throughout History

    Monday, 6th April 2020

    For millennia, ancient Pharaohs built powerful kingdoms made possible by the unparalleled riches of the Egyptian gold deposits. More recently, however, active gold mining has been recorded throughout the 20th Century when British mines were producing gold. However, despite the obvious prosperity that lies underfoot, modern Egypt has seen little in the way of active gold mining over the last 100 years, with only the Sukari mine producing gold at present. This overview intends to examine how gold mining has ebbed and flowed from the very beginning up until the modern day and the reasons for its evolution.

  • Data Integration: An Innovative Way to Map Mineral Resources in Arid Regions
    Paper Review

    Data Integration: An Innovative Way to Map Mineral Resources in Arid Regions

    Monday, 6th April 2020

    Mineral exploration is the process undertaken by companies, partnerships or corporations to find commercially viable concentrations of minerals through mining. Satellites or reconnaissance aircraft play a significant role in aiding our understanding of mineral mapping due to their capability of detecting hydrothermal alteration minerals and of the sensing surface and subsurface fault zones.

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