Features

Mohamad

  • Petrozenima Muzhil Field Development
    Projects

    Petrozenima Muzhil Field Development

    Wednesday, 10th February 2016
    South Abu Zenima Petroleum Company (Petrozenima) has been established as a joint venture company between Egyptian General Petroleum Corporation (EGPC) and National Petroleum Company (NPC) to carry out Muzhil Field Development in South Abu Zenima Concession.
  • Protecting and Commercializing Petroleum Technology: Recent Developments in Intelligent Energy Law
    Legal Opinion

    Protecting and Commercializing Petroleum Technology: Recent Developments in Intelligent Energy Law

    Wednesday, 10th February 2016
    Intelligent Energy Law is a key element of the continuing progression of “Intelligent Energy” solutions and innovations. It can be defined as the strategic planning and application of international law and contracts to maximize investment returns on advanced technology and know-how through the creation, acquisition, commercialization and protection of intellectual property.
  • Entering a New Period of Uncertainty
    Energy Finance

    Entering a New Period of Uncertainty

    Wednesday, 10th February 2016
    «Upstream» and «downstream» are general business terms referring to a company›s location in the supply chain. The closer to the end user a function or firm is, the further downstream it is said to be. Raw material extraction or production are elements of the supply chain considered to be upstream. The oil and gas supply chain is commonly referenced in this manner. The upstream companies identify oil and natural gas deposits and engage in the extraction of these resources from underground. These firms are often called exploration and production companies. Refiners represent the downstream element of the oil and gas supply chain.
  • Policy Options and Prospects for Egypt’s Downstream Sector
    Research & Analysis

    Policy Options and Prospects for Egypt’s Downstream Sector

    Tuesday, 9th February 2016
    Egypt’s refining industry suffers from a series of mismatches in the downstream sector. Refineries are not designed to process certain grades of crude that nonetheless are supplied to them. Business sources explain that the same holds true of petrochemicals. The end result of this has been excess capacity, underperformance, underinvestment, and technological backlog.
  • Across the Technological Horizon:  R&D Solutions for Egypt’s Downstream Sector
    Research & Analysis

    Across the Technological Horizon: R&D Solutions for Egypt’s Downstream Sector

    Tuesday, 9th February 2016
    Global technological breakthroughs in nano-applications are accelerating in the post-production or downstream sector of the oil industry. Egypt desperately needs to utilize these advances to solve many of its outlying economic problems related to the petroleum industry. The question is whether the scientific and industrial infrastructure of the country is suited for riding this technological wave that encompasses everything from petrochemicals to refining to midstream and even upstream.
  • New Generation Concept: VOS Navigates the Oil Price Waves
    Technical

    New Generation Concept: VOS Navigates the Oil Price Waves

    Tuesday, 9th February 2016
    We have just left behind a difficult year for Offshore Shipping. Extremely harsh business conditions have been forcing many companies all across the industry to implement often dramatic cost-saving and re-structuring measures. In 2016 the global Oil & Gas market continues with the alignment of operations and investment strategies on the basis of the ongoing, low oil-price reality. However, market fluctuations are part of the business in which we operate and the key to success is being flexible enough to add value in all circumstances. In such a challenging environment, Vroon Offshore Services (VOS), a leading maritime offshore-services provider with over fifty years’ experience in the business, has continuously been developing and enhancing its world-class offshore-support solutions.
  • Optimizing Egypt’s Fuel Distribution Scheme
    In Focus

    Optimizing Egypt’s Fuel Distribution Scheme

    Tuesday, 9th February 2016
    Drivers of cars, taxis, micro buses, and trucks know the drill by heart. Line up in front of a petrol station, wait for hours, fill up your tank, and drive away. Fuel shortage crises in Egypt erupted on countless occasions in the last few years. The government seems in denial that these crises are genuine; reflecting on deficiencies in the country’s downstream sector. Yet, it has started implementing a new fuel distribution system. The government awaits its new smart cards scheme to do the trick, and generate a massive improvement in fuel supplies to end customers.
  • Egypt Is Not Suffering from $30 Oil. Here Is Why.
    Overview

    Egypt Is Not Suffering from $30 Oil. Here Is Why.

    Tuesday, 9th February 2016
    Having reduced its foreign arrears from $7b in 2013 to $3b in 2015, discovered the largest Mediterranean natural gas field, and received investment commitments for a combined $24b from BP and Eni, Egypt’s energy sector seems to have a positive outlook, while other neighbors suffer.
  • Egyptian Industries Between the Dollar Crisis and the Energy Challenges
    Overview

    Egyptian Industries Between the Dollar Crisis and the Energy Challenges

    Tuesday, 9th February 2016
    Going into 2016, most of us are reflecting on the year gone by and looking forward to the year ahead. Many in the Egyptian industry, however, may be less than optimistic about 2016. The past year has been difficult for Egyptian industry, which has been consistently inhibited by dollar and energy shortages. Despite efforts to alleviate these challenges, these problems are not likely to be fully resolved any time soon. Looking to the year ahead, it may be helpful to recap the roots of these problems, how they affected Egyptian industry in 2015 and their possible outlook for 2016.
  • The Dilemma of Egypt’s Refining Goals
    Overview

    The Dilemma of Egypt’s Refining Goals

    Tuesday, 9th February 2016
    For Egypt, becoming a regional petrochemical and refined product exporter would be a dream come true. If this happens, Cairo would be a heavy-hitting geographic power player, able to lessen the burden on the state budget at a time when refined product imports are less accessible in foreign reserves.
  • PARALLEL PATHS: Energy Reform in Egypt and Jordan
    Interview

    PARALLEL PATHS: Energy Reform in Egypt and Jordan

    Tuesday, 9th February 2016
    Exclusive Interview with H.E Khaled Irani, Former Energy Minister of Jordan, exploring the remarkable similarities between Jordan’s past experience and Egypt’s current challenges.
  • The Changing Role of the CFO: How Energy Transformation Is Shifting the CFO Focus
    Energy Finance

    The Changing Role of the CFO: How Energy Transformation Is Shifting the CFO Focus

    Tuesday, 12th January 2016
    The world of electricity is changing fast. It’s a transformation that is exercising a great deal of thought and action in the boardrooms of power utility companies whose traditional business models are under threat. Technological innovation is creating new choices for customers and new opportunities for a wider range of industry entrants. The combination of the ‘push’ of technology, the ‘pull’ of the customer and the threat that comes from new competitors poses questions that go to the heart of company strategies and the role of the CFO.
  • INTERGAS VII: Linking the Experts to the Goal
    Events

    INTERGAS VII: Linking the Experts to the Goal

    Tuesday, 12th January 2016
    On the 24th of November INTERGAS VII Oil, Gas & Petrochemical Conference, one of the more prominent events in the petroleum industry, brought together leading executives under one roof, with the purpose of exchanging ideas, networking and more importantly, discussing the future of the Egyptian industry at this crucial time. Egypt is currently in the process of expanding its energy mix, dealing with shortages in foreign currency and energy, not to mention the governments work on economic reform through the implementation of changes in the industry.
  • NeoScope: Sourceless Formation Evaluation while Drilling
    Technical

    NeoScope: Sourceless Formation Evaluation while Drilling

    Tuesday, 12th January 2016
    Avoiding chemical sources saves time and money logging a directional well in EgyptNew sourceless measurement capabilities have become available in a unique logging-while-drilling (LWD) service based on pulsed neutron generator (PNG) technology. The NeoScope formation evaluation while drilling service provides a comprehensive sourceless petrophysical description of the formation in the shortest multifunction LWD collar available. Eliminating the need for chemical sources reduces drilling risk and handling costs, and also avoids potential delays related to local permitting and regulations.
  • Interconnectivity: Egypt’s Aspiration for Regional Electricity Hub
    Research & Analysis

    Interconnectivity: Egypt’s Aspiration for Regional Electricity Hub

    Tuesday, 12th January 2016
    Egypt has eloquently embarked upon the aspiration to become a leader in electricity transmissions scheme in the Middle East, Africa, and potentially Europe.
  • Efficiency Plan: Resolving Egypt’s Electricity Crisis
    Research & Analysis

    Efficiency Plan: Resolving Egypt’s Electricity Crisis

    Tuesday, 12th January 2016
    Egypt has committed itself to generate 20% of its energy from renewable sources by 2020, a target that the country’s renewables experts have gladly endorsed. Nonetheless, these self-same experts argue that “energy efficiency” is the more pressing priority for satisfying Egypt’s power generation needs, rather than renewables. Dr. Ehab Abdel-Rahman, Professor of Physics at the American University in Cairo, uses a simple analogy to illustrate this.
  • SOLAR POWER & POLICY: Renewable Solutions for Egypt’s Electricity Crisis
    Research & Analysis

    SOLAR POWER & POLICY: Renewable Solutions for Egypt’s Electricity Crisis

    Tuesday, 12th January 2016
    It appears that the renewable energy industry in Egypt previously had been managed in a similar way as other sectors in the country, such as transportation or retail. Analogies with the taxi transportation system may help to draw a clearer image of the conditions for renewables.
  • The Legal Reality of the ICC Ruling Against Egypt
    Legal Opinion

    The Legal Reality of the ICC Ruling Against Egypt

    Tuesday, 12th January 2016
    On December 3rd 2015, the International Chamber of Commerce (ICC) announced its ruling on the arbitration claim submitted by Israel Electric Company (IEC) against the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), and East Mediterranean Gas Company (EMG). The ruling states that EGPC and EGAS are to pay the sum of $1.76b to IEC as compensation, in addition to paying to EMG the sum of $324m as compensation, including a substantial portion of EMG’s legal fees and arbitration costs.
  • Coal for Energy: A Future or a Roadblock?
    In Focus

    Coal for Energy: A Future or a Roadblock?

    Tuesday, 12th January 2016
    During the climate talks in Paris in early December, countries agreed to limit their carbon dioxide emissions. Several European countries have ambitious plans to close their coal-fired power plants. Coal, a large contributor to carbon dioxide emissions, seems to be on the retreat. However, Egypt is moving in a different direction.
  • Egypt’s Nuclear Program: More Questions than  Answers
    In Focus

    Egypt’s Nuclear Program: More Questions than Answers

    Tuesday, 12th January 2016
    On November 19th, President Abdul Fattah Al-Sisi announced that Egypt’s “long dream” of nuclear energy had come true. The Egyptian nuclear program, initiated during the Nasser presidency in 1955, is finally taking a step towards electricity production after sitting dormant for most of the last 60 years.
  • Electricity in Egypt: The Whole Picture
    Overview

    Electricity in Egypt: The Whole Picture

    Tuesday, 12th January 2016
    One of the first sentences that a non Arabic speaker learns upon moving to Egypt is probably ‘Mafish kaharaba’, or “there is no electricity”. In summer, especially, and quite notably since the Revolution, Egypt has been suffering from an acute electricity crisis.
  • Service Companies: Between Innovation and Oil Prices
    Interview

    Service Companies: Between Innovation and Oil Prices

    Tuesday, 12th January 2016
    An Interview with Baker Hughes Vice President, Jerome Jammal, to explore the pressure of dropping oil prices on the current climate for service companies.
  • A LOW OIL PRICE WORLD:Driving A Creative Approach to Investment in the Industry
    Energy Finance

    A LOW OIL PRICE WORLD:Driving A Creative Approach to Investment in the Industry

    Thursday, 17th December 2015
    With a lower for longer oil price prediction, and mounting concerns regarding the potential cost of decommissioning, striking deals in the upstream market remains extremely challenging, yet possible.
  • PROFITS & GOOD WILL: CORPORATE SOCIAL RESPONSIBILITY
    Overview

    PROFITS & GOOD WILL: CORPORATE SOCIAL RESPONSIBILITY

    Thursday, 17th December 2015
    Business is full of acronyms, but there is one in particular that is shaping the oil industry. CSR, stands for Corporate Social Responsibility, and its importance lies in its ability to respond to the world’s constantly growing demand for accountability.
  • INVOLVING THE EXPERTS: Consultancy Firms and Egypt’s Petroleum Sector
    In Focus

    INVOLVING THE EXPERTS: Consultancy Firms and Egypt’s Petroleum Sector

    Thursday, 17th December 2015
    A very distinguished petroleum expert, on condition of anonymity, revealed that he had been brought in by the petroleum ministry, in the days of Sameh Fahmi, to advise them on certain matters, he did not provide any details; however he did say that it was all very hush, hush and not a frequent practice.
  • Interview with the Vice Chairman for Gas Regulatory Affairs, ENG. AMIRA AL MAZNI
    Interview

    Interview with the Vice Chairman for Gas Regulatory Affairs, ENG. AMIRA AL MAZNI

    Thursday, 17th December 2015
    To every storm there is an eye, a core to the problem. And for Egypt, the core is natural gas. The Egyptian energy mix is heavily skewed towards natural gas, which is used for electricity generation, feedstock for factories, processing petroleum products, transportation and for residential and commercial venues.
  • Paris Climate Change Conference: The Urgency of a Difficult Deal
    Interview

    Paris Climate Change Conference: The Urgency of a Difficult Deal

    Thursday, 17th December 2015
    Interview with the EU Commissioner for Energy and Climate Action, Miguel Arias Cañete
  • EGYPT’S IMPORT SOLUTION: FSRUs
    In Focus

    EGYPT’S IMPORT SOLUTION: FSRUs

    Tuesday, 3rd November 2015
    The age of natural gas has come. Once considered a useless byproduct of drilling, natural gas was burned off during the course of oil production. But as oil has become scarcer and more difficult to access, natural gas has skyrocketed in value. Prized for its easy extraction, simple carbon structure, and clean-burning emissions, natural gas has become a natural choice.
  • MODELS FOR EGYPT: SEISMIC DATA AS A PUBLIC GOOD
    In Depth

    MODELS FOR EGYPT: SEISMIC DATA AS A PUBLIC GOOD

    Tuesday, 3rd November 2015
    In February of 2015 we posed the question on the Egypt Oil & Gas website whether Data Packages for new bid rounds should be free, with these answer categories – Disagree, Agree, and Strongly Agree. The results have come in: 64, 109, 74. The majority agreed with our proposal while those who disagree were still outnumbered by those who strongly agree!
  • BRIDGING THE GAP:  2015 ANNUAL GLOBAL WORKING CAPITAL SURVEY OF THE OIL & GAS SECTOR
    Energy Finance

    BRIDGING THE GAP: 2015 ANNUAL GLOBAL WORKING CAPITAL SURVEY OF THE OIL & GAS SECTOR

    Tuesday, 3rd November 2015
    The oil and gas industry is currently facing tough challenges following the fall in oil prices that commenced in the second half of 2014. With no expectations of a price rebound, exploration and production (E&P) companies in the sector are being forced to re-evaluate major capex projects, and implement long term cost reduction strategies as they get used to a life of lower prices for longer that expected. Meanwhile oil field service companies (OFS) are beginning to feel the margin pressure passed down from E&P companies implementing cost reduction strategies.
  • ARCTIC SEA ENERGY: a Dream or a Nightmare?
    Political Review

    ARCTIC SEA ENERGY: a Dream or a Nightmare?

    Tuesday, 3rd November 2015
    Laying beneath the approximately 15,558,000 square kilometers of frozen Arctic Sea is 30% of the planet’s undiscovered natural gas reserves and 13% of its undiscovered oil, according to US Geological Survey.
  • SPE NORTH AFRICA  TECHNICAL CONFERENCE A RESOUNDING SUCCESS
    Events

    SPE NORTH AFRICA TECHNICAL CONFERENCE A RESOUNDING SUCCESS

    Thursday, 8th October 2015
    With over 600 participants, more than 200 papers (from nearly 100 countries), and 27 technical sessions spread out over its three day duration, the Society of Petroleum Engineers North Africa Technical Conference and Convention (SPE NATC) was an event set to go down in history as a resounding success for the region.
  • GUPCO CELEBRATES 50 YEARS  OF CHALLENGES & ACHIEVEMENTS
    Projects

    GUPCO CELEBRATES 50 YEARS OF CHALLENGES & ACHIEVEMENTS

    Thursday, 8th October 2015
    The Gulf Of Suez Petroleum Company (GUPCO) is celebrating its 50th anniversary this year by commemorating its long journey of challenges and achievements.
  • TAREK EL-MOLLA: THE FUTURE OF THE PETROLEUM MINISTRY
    In Focus

    TAREK EL-MOLLA: THE FUTURE OF THE PETROLEUM MINISTRY

    Thursday, 8th October 2015
    Within moments of announcing Sherif Ismail, the previous minister of petroleum, as the head of the new government, all attention shifted towards the question of who would become the next oil minister in Egypt. Rumors and speculation echoed through the business scene, after all, the petroleum ministry is the center of Egypt’s beehive, every decision made by the ministry, affects factories, electricity, energy subsidies, investment, foreign currency reserves—and by extension—the wellbeing of the entire Egyptian economy.
  • FROM PETROLEUM MINISTER TO PRIME MINISTER
    In Focus

    FROM PETROLEUM MINISTER TO PRIME MINISTER

    Thursday, 8th October 2015
    On September 12th H.E Engineer Sherif Ismail became the head of the Egyptian government. The timing couldn’t be better as it directed the media away from protests about the new civil service law, protests that could have expanded further affecting the upcoming parliamentary elections.
  • PUBLIC INFORMATION: THE CASE FOR A MEDIA STRATEGY IN EGYPT’S PETROLEUM SECTOR
    In Depth

    PUBLIC INFORMATION: THE CASE FOR A MEDIA STRATEGY IN EGYPT’S PETROLEUM SECTOR

    Thursday, 8th October 2015
    When asked about the issue of “petroleum awareness,” a friendly shopkeeper laughed out loud. “Where is this petroleum for there to even be an awareness of it?” he asked? He went on to advise against discussing these matters in public, fearing that both the interviewer and interviewee would end up in the police station. Finally, he explained that people’s awareness of fuel related affairs consisted of the knee jerk reaction of hoarding fuel whenever a shortage occurred, only making the whole fuel situation worse.
  • LNG SHIPPING – PRICING CONSIDERATIONS
    Energy Finance

    LNG SHIPPING – PRICING CONSIDERATIONS

    Thursday, 8th October 2015
    For a while, it seemed that LNG tanker charter rates could only go up. After a 2009-2010 over-supply glut, the time charter rates were propelled past the $100,000 a day threshold due to the combined effect of the Fukushima incident and expectations of future flows coming out of the new US and Australian liquefaction plants. In response, order books for tankers grew, encouraging international energy groups to enter the market. This ended up locking many companies into high rates for the service for multiple. These arrangements may now require revisiting as rates are decreasing in response to over-supply (new vessels entering service) and lower demand caused by the decrease in LNG price differentials.
  • CHECKMATE: ENI SHAKES UP THE MEDITERRANEAN STATUS QUO
    Political Review

    CHECKMATE: ENI SHAKES UP THE MEDITERRANEAN STATUS QUO

    Thursday, 8th October 2015
    Sometimes in life, as in chess, a single movement may determine the outcome of an entire game.In this sense, Eni’s discovery of massive gas deposits in Egypt could be the checkmate that Israeli gas exports have long anticipated –and dreaded–. With a Queen who can now move more freely than ever on the chessboard, the question is now focused on how Israel will react to the threat.
  • EGAS’ NEW GAS REGULATORY AFFAIRS DIVISION
    Overview

    EGAS’ NEW GAS REGULATORY AFFAIRS DIVISION

    Thursday, 8th October 2015
    Eng. Amira El-Mazni has been named the new Vice Chairman for Gas Regulatory Affairs, but she has yet to be given her own office. In fact, her building doesn’t actually currently exist. Her temporary office is still on the fifth floor inside the Egyptian Natural Gas Holding Company (EGAS) building, as no laws have been formally been issued for the new group’s mandate. More troubling still, the laws are not expected to even be passed for at least six months, as the Ministry of Petroleum is still studying the draft law that would establish the Gas Regulatory Affairs (GRA) authority.
  • MERGER MANIA: A RECIPE FOR RIDING THE DOWNSTREAM WAVE
    In Depth

    MERGER MANIA: A RECIPE FOR RIDING THE DOWNSTREAM WAVE

    Sunday, 13th September 2015
    Not a day goes by without a headline about a major merger or acquisition in the global oil and gas sector—recently Halliburton swallowed up Baker Hughes for $35b and, bigger still, Royal Dutch Shell bought out BG Group for $70b. But how can this be happening with oil prices being so painfully low? The oil sector everywhere is supposed to be cash strapped, so where are companies—especially independents like Halliburton—getting the money to make such purchases? Why make such a risky move to begin with in such a volatile price environment?
  • UNLOCKING EGYPT’S ENERGY POTENTIAL
    Overview

    UNLOCKING EGYPT’S ENERGY POTENTIAL

    Sunday, 13th September 2015
    The industry often gets a glimpse of how the state views the it, its challenges and its future; however, rarely does the government present a completely unified outlook of how the industry is viewed and how it plans to deal with challenges in the future. During an event organized by the British Egyptian Business Association (BEBA) Sherif Ismail, Minister of Petroleum and Mineral Resources presented the state’s view of the current challenges the industry faces, as well as the steps necessary to unlock Egypt’s energy potential.
  • WHO IS KIDNAPPING FOREIGNERS? A HISTORY OF SINAI STATE
    In Focus

    WHO IS KIDNAPPING FOREIGNERS? A HISTORY OF SINAI STATE

    Sunday, 13th September 2015
    On July 22nd, armed men stepped in front of Tomislav Salopek’s car just outside Cairo’s western suburb of 6th October City. Forcing the vehicle to a stop, the men quickly grabbed Salopek and bundled him into a waiting car. Then they were gone, leaving only a trail of dust behind them.
  • LOW OIL PRICES AND THEIR IMPACT ON NON-OIL SECTORS
    Energy Finance

    LOW OIL PRICES AND THEIR IMPACT ON NON-OIL SECTORS

    Sunday, 13th September 2015
    With oil prices still low, and many oil and gas companies laying off thousands, the oil downturn is marking a significant turning point in the energy industry, and the non-oil sectors have been affected as following
  • OIL AND INDEPENDENCE: DISSECTING THE REPUBLIC OF SOUTH SUDAN
    Political Review

    OIL AND INDEPENDENCE: DISSECTING THE REPUBLIC OF SOUTH SUDAN

    Sunday, 13th September 2015
    South Sudan enjoys the twin status of being the youngest nation in the world and, at the same time, the most oil-dependent country on the planet. 98% of South Sudan’s export revenues are from hydrocarbons. Being the new kid on the block, however, does not mean it does not know how to wield oil as a weapon, both regionally and internationally. There is much that can be learned here, both good and bad. One of the most amazing things about South Sudan, from a petroleum perspective, is that it even exists. To cite Khaled Medani of McGill University—a speaker at a recent conference on South Sudan— “If I was President Omar Al-Bashir, I wouldn’t have allowed the South to go independent, if only because of all the oil.”
  • DISCOVERY OF THE DECADE: ENI’S NEW DEEPWATER FIND BIGGEST EVER IN EGYPT.
    In Depth

    DISCOVERY OF THE DECADE: ENI’S NEW DEEPWATER FIND BIGGEST EVER IN EGYPT.

    Sunday, 13th September 2015
    “This Historic Discovery Will Transform the Energy Industry in Egypt”Statements like this often course through the oil and gas industry in Egypt, but this time it may actually not be hyperbole.In a company statement in late August, Eni announced a massive natural gas discovery off the Egyptian coast, the biggest gas discovery ever made in Egypt—or even the Mediterranean. The Zohr field within the deepwater El-Shorouk block has been found to hold an estimated 30 tcf of natural gas. The massive reserves are spread out over roughly 100 kilometers, and push the field’s classification into “supergiant” territory, an increasingly rare type as fossil fuels are drained globally.
  • OPTIMIZING PRODUCTION: INJECTING LOW SALINITY FRESH WATER IN WELLS TO INCREASE PRODUCTION.
    Projects

    OPTIMIZING PRODUCTION: INJECTING LOW SALINITY FRESH WATER IN WELLS TO INCREASE PRODUCTION.

    Thursday, 13th August 2015
    Injecting fresh water in wells to increase production has been a long-awaited project for GUPCO’s stakeholders since the time BP’s executives and the EGPC endorsed this method some time ago. The GUPCO LoSal EOR project, will substitute a low-salinity fresh water injection stream in place of the seawater currently utilized for pressure maintenance within the GUPCO Morgan and Badri fields.
  • THE BLACK WELL OF ANGOLA: AN OIL-RICH COUNTRY IN DESPAIR
    Political Review

    THE BLACK WELL OF ANGOLA: AN OIL-RICH COUNTRY IN DESPAIR

    Thursday, 13th August 2015
    Below the equator’s belt on the African continent, Angola sits in relative silence. Conflict ridden for years, the country switched from a war of independence that lasted over a decade to a civil war more than double in length. For 26 years, the country was split in two in a bloody civil war-pegged as the last proxy of the Cold War- that it only emerged from a little over a decade ago.
  • BAPETCO INTERVIEW: STRATEGIES FOR EXPLOITING AND OPTIMIZING IN THE  WESTERN DESERT
    Interview

    BAPETCO INTERVIEW: STRATEGIES FOR EXPLOITING AND OPTIMIZING IN THE WESTERN DESERT

    Thursday, 13th August 2015
    Recently Egypt Oil & Gas had the opportunity to sit down with the Bapetco’s Chairman, Emad Hamdy, and learn a little about the operations and plans of the company. The interview is too detailed to print in full, but selected highlights are below.
  • DYNAMIC, CAPABILITIES-DRIVEN STRATEGIES FOR OIL AND GAS COMPANIES
    Energy Finance

    DYNAMIC, CAPABILITIES-DRIVEN STRATEGIES FOR OIL AND GAS COMPANIES

    Thursday, 13th August 2015
    The oil and gas sector is undergoing a profound, once-in-a-lifetime transformation. For international and national oil companies, making investment choices has never been so challenging. In an industry facing increased volatility and intensifying skills shortages, oil and gas companies can no longer win across an ever-broadening spectrum of operating environments. Few companies have the technical, operational, and commercial capabilities required for activities that can range from exploring onshore to ultra-deep-water, all the way through to development and/or production of both conventional and unconventional oil and gas resources.
  • KARAM & ASSIL GAS TREATMENT PROJECT
    Projects

    KARAM & ASSIL GAS TREATMENT PROJECT

    Thursday, 2nd July 2015
    The Karam and Assil project is one of the most important gas treatment projects operated by Bapetco, as it produces about 150mcf of natural gas and 2000 b/d of condensate. The project successfully was started on November 2014 and is located in the Western Desert, about 300 km west of Cairo.
  • SHELL COMPANIES IN EGYPT CELEBRATE SAFETY DAY
    Events

    SHELL COMPANIES IN EGYPT CELEBRATE SAFETY DAY

    Thursday, 2nd July 2015
    On 6 May 2015, Shell companies around the world celebrated the safety day, and so did Shell companies in Egypt. The event was well-received by the employees and generated very positive feedback.Under the motto “Achieving Goal Zero. Because We Care,” the communications and safety day was split into two; the first part covered the business and safety updates from the different Shell companies in Egypt; Shell Egypt N.V., Badr Eldin Petroleum Company BAPETCo (the joint-venture company between Shell and the Egyptian General Petroleum Corporation, EGPC), and Shell Lubricants Egypt. The day also included road safety and security presentation, as well as a demonstration of the dangers of distracted driving.
  • JOINING THE SHALE REVOLUTION: HURDLES ALONG EGYPT’S PATH
    In Focus

    JOINING THE SHALE REVOLUTION: HURDLES ALONG EGYPT’S PATH

    Thursday, 2nd July 2015
    According to the Cairo University’s Mining Studies and Research Center shale oil could add 4.6 billion barrels to Egypt’s production; shale gas could also contribute another 100tcf. Even the already oil-rich Arab Gulf states are sinking money and expertise into this new sector. Moving into shale may seem like a foregone conclusion in the MENA region, not least in a net importing country like Egypt. Still, it is always wise to pause for thought if we are to make the best of our shale prospects, the current price environment notwithstanding.
  • FLEXPIPE SYSTEMS: ADVANTAGES OF TWIN 4” LINES OVER 6” STEEL LINES
    Product Overview

    FLEXPIPE SYSTEMS: ADVANTAGES OF TWIN 4” LINES OVER 6” STEEL LINES

    Thursday, 2nd July 2015
    Fexpipe Systems products are widely used in the oil and gas industry for applications such as oil gathering, gas gathering, water transfer and gas distribution. These products offer a host of advantages compared to traditional steel pipe, including immunity to corrosion, speed of installation and cost effectiveness.As the industry requires pipelines with larger internal diameters, multiple 4” Flexpipe Systems products installed in parallel present a very attractive solution for higher flow rate applications.
  • REPAVING THE WAY FOR ECONOMIC GROWTH: INVESTMENT CLIMATE IN EGYPT
    Overview

    REPAVING THE WAY FOR ECONOMIC GROWTH: INVESTMENT CLIMATE IN EGYPT

    Thursday, 2nd July 2015
    In Egypt’s Economic Development Conference, President Abdel Fattah al-Sisi gave a strong message to the international community: Egypt is back on track, stable and ready to receive investors. After four years of political turmoil, the government is making a vehement effort to redeem Egypt’s image on the international stage by introducing energy and fiscal reforms. In recent months, the president has toured European countries, finalizing investment deals and rallied billions in aid from Gulf States. As the country stabilizes and the economy recuperates, the government is moving to create a safe and attractive investment climate for private and foreign investors.
  • MODELS OF ENDURANCE: ARAB GULF STATES BETWEEN OIL PRICES AND GEOPOLITICS
    Political Review

    MODELS OF ENDURANCE: ARAB GULF STATES BETWEEN OIL PRICES AND GEOPOLITICS

    Thursday, 2nd July 2015
    The initial focus of his talk was Christopher Davidson’s After the Sheikhs: The Coming Collapse of the Gulf Monarchies, predicting the ultimate demise of these royal families as he did in his previous book, published before the Arab Spring. Davidson explained how these monarchies weathered this latest storm, just as they have withstood Arab nationalism, socialism, and republican coups. A flaw in Davidson’s interpretation of the scene, can be viewed through his insistence that oil and religion explain how the gulf monarchies accomplished this feat, a set of answers that betrays a profound ignorance of the paradoxical nature of oil economics and the dynamic nature of stability in the region.
  • SECTOR RESPONSE  TO OIL PRICE DECLINE
    Energy Finance

    SECTOR RESPONSE TO OIL PRICE DECLINE

    Thursday, 2nd July 2015
    Boom to bust – the familiar cycle for the commodity business of oil and gas – is once again rearing its head. Oil prices have declined over 50% within the last several months. Natural gas prices are following suit, with excess supply in the market. How low will prices go? How long will the price decline last? These are the burning questions of the day. But industry experts know that to provide products for the future, the planning and investment must continue today. Throughout the value chain, oil and gas projects take years to develop, and price fluctuations are all a part of the process.
  • WAR-TORN LIBYA FIGHTS FOR ITS FUTURE ONE BARREL AT A TIME
    Political Review

    WAR-TORN LIBYA FIGHTS FOR ITS FUTURE ONE BARREL AT A TIME

    Saturday, 27th June 2015
    Amid the airstrikes, political declarations, and hostage taking, there is another, little-known war being waged; one whose outcome will surely determine the ultimate winners and losers in the battle for Libya. This war is being fought over the country’s single most important feature.
  • YOUNG SCHOLARS VIEW ON PROFESSIONALISM: PROBLEMS AND RECOMMENDATIONS
    Spotlight

    YOUNG SCHOLARS VIEW ON PROFESSIONALISM: PROBLEMS AND RECOMMENDATIONS

    Saturday, 27th June 2015
    “The most valuable asset of a company is neither its hydrocarbon accumulations nor its technology patents, but rather its employees,” said Ahmed Kawanna, Recruiter and University Relations Manager for East Africa and East Mediterranean, during an information session for Schlumberger held at Suez University. However, not all employees are viewed the same way.
  • INTERVIEW WITH GDF SUEZ’S HEAD MAQSOOD SHER
    Interview

    INTERVIEW WITH GDF SUEZ’S HEAD MAQSOOD SHER

    Saturday, 27th June 2015
    Egypt Oil & Gas recently sat down with Maqsood Sher, head of Gaz De France Suez Egypt (GDF Suez) to speak to him about the upstream activities the company is involved in, as well as a bit of his own personal history. The interview is too detailed to print in full, but selected highlights are featured below.
  • EGYPT’S TECHNOLOGY PROBLEMS:  THE OIL SECTOR AS AN R&D SOLUTION
    In Focus

    EGYPT’S TECHNOLOGY PROBLEMS: THE OIL SECTOR AS AN R&D SOLUTION

    Saturday, 27th June 2015
    Talk to anyone in the oil sector in Egypt, even lab assistants, and they will tell you right away that the government does not provide them with any kind of support, even with simple things like rock core samples, the most basic item needed for research. The same goes for the Scientific Research Academy and the ministries of planning and manpower. No budgets are created for R&D expenses in the public sector generally, because any expenditure that does not bring a guaranteed result is considered a “squandering of public funds,” punishable by law. The oil sector has a little more leeway here, as it enjoys larger revenues. In most developed countries, companies actually get tax deductions for the research they do, while the private sector in Egypt is saddled with sales and value-added taxes.
  • CONVENTION WORKSHOP: OPTIMIZATION TOWARDS PROGRESS
    Events

    CONVENTION WORKSHOP: OPTIMIZATION TOWARDS PROGRESS

    Saturday, 27th June 2015
    Rounding out the Production Optimization Convention was a two-day long series of workshops bringing together experts in the oil and gas field to discuss ideas and newly implemented techniques in the field. Following the Production Optimization Technical Training Course on day one and the Production Optimization Roundtable Discussion on day two, the workshops focused on the specifics, providing a chance for attendees to delve deeper into selected topics.
  • TRAINING FOR OPTIMIZATION
    Events

    TRAINING FOR OPTIMIZATION

    Saturday, 27th June 2015
    The idea behind Egypt Oil & Gas’s Production Optimization Convention was to help the industry enhance its effectiveness. In support of this, the convention activities began with a full day dedicated to training sessions, designed to offer practical applications for production optimization.The core focus of the day revolved around artificial lift, going from an overview on the four forms of lift currently employed in Egypt to an in depth explanation of the optimizing production using each type of lift.
  • OPTIMIZATION ROUNDTABLE: JOINING EFFORTS TO BOOST PRODUCTION
    Round Table

    OPTIMIZATION ROUNDTABLE: JOINING EFFORTS TO BOOST PRODUCTION

    Saturday, 27th June 2015
    On Monday, May 11th, a room packed with the industry’s major key players welcomed the second Egypt Oil & Gas Convention Roundtable with a mix of excitement and curiosity. This year’s conference centered around production optimization, an important challenge for the industry’s main stakeholders as the international climate forces Egypt to shift focus from exploration to boosting production in existing fields. As part of the four-day convention, the roundtable brought industry experts together to discuss issues involving the public and private sectors. The participants faced each other on the large square table, including EGPC Chairman Tarek El-Molla, Former Minister of Petroleum, Abdullah Ghorab, as well as top-level IOC representatives and engaged in a discussion that acts as a stepping-stone towards greater collaboration between key players.
  • International Women’s Day at GUPCO
    Events

    International Women’s Day at GUPCO

    Tuesday, 19th May 2015
    BP is one of the main sponsors of the International Women’s Day held in the beginning of March. As such, it was proposed that GUPCO host an event to recognize and celebrate the contributions women have made to the oil and gas industry in Egypt. It was also held to try and inspire women currently working in GUPCO and our shareholder offices. GUPCO has a proud history of hiring, training, and developing all of their staff—including many of the women who now hold senior positions in government organizations.
  • Fugro SAE: International Company With Egyptian Heart (Pt.2)
    Advertorial

    Fugro SAE: International Company With Egyptian Heart (Pt.2)

    Tuesday, 19th May 2015
    Fugro SAE (FSAE) is responsible for Fugro’s survey and subsea activities in Egypt. Benefiting from investment in Egypt over more than 30 years, FSAE has developed a strong capability in the country, allowing delivery of world-class services to the Egyptian offshore industry entirely by Egyptian staff and locally available re-sources.
  • Yemen’s  “Gate of Tears”: the Strategic  Red Sea Strait of Bab El Mandeb
    Political Review

    Yemen’s “Gate of Tears”: the Strategic Red Sea Strait of Bab El Mandeb

    Tuesday, 19th May 2015
    Bab El Mandeb has long been a historical and civilizational chokepoint where the shortest trade routes between Europe, North Africa, India, and East Asia can be controlled—or stopped. However, recent events in Yemen, with Houthi rebels in control of a number of ports along Yemen’s Red Sea coast, and the Arab bombing campaign of Yemen—which Egypt is party to—have made the future of the straights uncertain. According to the U.S. Energy Information Administration, an estimated 3.8 million b/d of crude oil and refined petroleum passed through the Bab El-Mandeb waterway in 2013, making it a critical junction for world trade.
  • Incentives and Solutions: Egypt’s Oil Recovery Prospects in a Low Price Environment
    In Depth

    Incentives and Solutions: Egypt’s Oil Recovery Prospects in a Low Price Environment

    Tuesday, 19th May 2015
    Oil recovery is a necessity, not a luxury, for an energy-importing nation like Egypt that has a limited number of oil producing wells, most of which are already mature. With a rapidly rising population and a slow pace of exploration there simply is no substitute for Improved and Enhanced Oil Recovery (IOR/EOR). It has been estimated that as much as 60% of a well’s original supply stays locked in a reservoir at the end of its 30 to 40 year life-cycle. IOR sets the scene so to speak; beginning at the primary and secondary stages and targeting mobile oil, while EOR comes at the hardest tertiary (third-stage) and involves immobile oil. Cairo University’s Mining Studies and Research Center estimates that as much as 3.2Bn barrels of oil remain to be extracted at this final stage.
  • Optimizing Services
    Overview

    Optimizing Services

    Tuesday, 19th May 2015
    “Optimization is improving something,” explained Miguel Muñoz, a Production Engineer at Apache Egypt, at the start of our interview. The term optimization in its most basic form is, “an act, process, or methodology of making something as fully perfect, functional, or effective as possible, whether it is mathematics, computer science, economics, management science, business development, or the intricate fabric of our lives.” While “you can optimize your life by sleeping a little bit more,” said Muñoz, in the oil and gas industry “optimization is an integral process that occurs in different technical aspects of all the disciplines and departments within the [oil] company,” he continued.
  • The Energy Crisis in Egypt  and the Repercussions of  Oil Prices
    Overview

    The Energy Crisis in Egypt and the Repercussions of Oil Prices

    Tuesday, 19th May 2015
    Oil is found mostly in sedimentary rocks (whether sand, shale, clay, or limestone) deposited by rivers and seas in prehistoric times. Besides water, they also carry fine organisms, plants, and organic matter which when buried, eventually becomes petroleum (oil or gas) under specific conditions of temperature and pressure. Oil does occasionally exist in non-sedimentary rocks but this is rare, which is why exploration tends to focus on sedimentary areas.
  • Definitions and Opportunities: Driving Development Through Optimization
    Spotlight

    Definitions and Opportunities: Driving Development Through Optimization

    Tuesday, 19th May 2015
    Optimization is one of those catchall terms that has taken the business world by storm, not least in the petroleum sector. Even our own newspaper is hosting a convention centered around it. In truth, optimization is an engineering concept straight out of the textbook, amply used by mechanical and electrical engineers to reconcile opposing priorities. In the world of petroleum engineering it is about balancing cost versus quality and getting the best (optimal) technological result within existing financial constraints.
  • THE AMAL PROGRAM: BRIDGING THE GAP BETWEEN EDUCATION AND INDUSTRY
    Overview

    THE AMAL PROGRAM: BRIDGING THE GAP BETWEEN EDUCATION AND INDUSTRY

    Wednesday, 8th April 2015
    Their slogan is Gain and Give, and they are practicing it every day as part of the Amal Program. It is an apt description for what the program hopes to achieve. Dr. Samir Abdelmouty, the program’s founder and director, explained that the program was born out of a realization that there was a training gap between universities and international oil companies. “Smart graduates are out there and they are qualified, they just need a little help to fully realize their potential,” said Abdelmouty.
  • EGYPT, THE FUTURE
    Political Review

    EGYPT, THE FUTURE

    Wednesday, 8th April 2015
    World leaders pouring in from all over the world, handshakes, pictures and even a selfie on stage. Cash flowing in, mega-projects announced one after the other, interrupted only by praises of the new Egypt and its newly-found stability.
  • WORDS OF THE WISE: RELYING ON EXPERIENCE
    Spotlight

    WORDS OF THE WISE: RELYING ON EXPERIENCE

    Wednesday, 8th April 2015
    After leaving academia for a fulltime political career, Dr. Moustafa El-Fiqi was once described as a “former thinker.” His logical reply, “When does somebody stop thinking”? By the same logic, just because someone is retiring doesn’t mean he has stopped being useful to the industry. Egypt Oil & Gas is celebrating our 100th issue, dedicating this month to celebrating the people who have made important contributions to the oil and gas sector here in Egypt.
  • BUILDING TALENT: HOW THE INDUSTRY  SUPPORTS THE BEST AND BRIGHTEST
    Spotlight

    BUILDING TALENT: HOW THE INDUSTRY SUPPORTS THE BEST AND BRIGHTEST

    Wednesday, 8th April 2015
    Since the sharp fall of oil prices in mid-2014, the oil industry has been forced to act with dexterity and composure, like an acrobat balancing across the tight rope. In spite of uncertainty, the acrobat relies on skill, instinct, and great effort to cross the suspended bridge that will lead him to stable ground.
  • WOMEN IN THE OIL AND GAS INDUSTRY
    Spotlight

    WOMEN IN THE OIL AND GAS INDUSTRY

    Wednesday, 8th April 2015
    Nerine Elwy is the current Communications Manager for Shell in Egypt and Kuwait. She began her career at the company in 1994, substituting for someone else’s maternity leave. Her excellent performance granted her a job offer in the company and few years later, she was in charge of the upstream and downstream External Affairs department.
  • EXCLUSIVE INTERVIEW WITH GANOPE CHAIR ABU BAKR
    Interview

    EXCLUSIVE INTERVIEW WITH GANOPE CHAIR ABU BAKR

    Wednesday, 8th April 2015
    Egypt Oil & Gas recently sat down with Abu Bakr, the chairman of Ganoub El-Wadi Holding Company (GANOPE) to ask him about the challenges facing Upper Egypt and the company’s plans to resolve them. As in other interviews, the entirety of this interview is too extensive to print below in detail.
  • EXCLUSIVE INTERVIEW WITH EGPC CHAIR TAREK EL-MOLLA
    Interview

    EXCLUSIVE INTERVIEW WITH EGPC CHAIR TAREK EL-MOLLA

    Wednesday, 8th April 2015
    EGPC chairman Tarek El-Molla recently sat down with Egypt Oil & Gas to discuss the current challenges for the petroleum industry, how to address them, and what their future plans are. Many questions were asked over our hour-long interview, far too many to include below. We then went through and selected the highlights for you below.
  • Total E&P Egypte: The Start Of A New Journey
    Interview

    Total E&P Egypte: The Start Of A New Journey

    Monday, 9th March 2015
    Egypt Oil & Gas speaks with the company’s Managing Director Jean-Pascal Clémençon
  • FUGRO SAE: International Company with Egyptian heart
    Spotlight

    FUGRO SAE: International Company with Egyptian heart

    Wednesday, 4th February 2015
    Fugro SAE (FSAE) is responsible for Fugro’s survey and subsea activities in Egypt. Benefiting from investment in Egypt over more than 30 years, FSAE has developed a strong capability in the country, allowing delivery of world-class services to the Egyptian offshore industry entirely by Egyptian staff and locally available resources.
  • Betting It All: How Saudi Arabia Is Gambling with Oil
    Political Review

    Betting It All: How Saudi Arabia Is Gambling with Oil

    Wednesday, 4th February 2015
    When the price for Brent Crude reached its peak in June 2014, few analysts or experts would have believed the longest and biggest oil boom in history was coming to an end. Or that prices would tumble to less than half their current price within six months. In the boom years, markets and experts had come to consider hundred-dollar oil as the rule, rather than the exception. Studies in the early 2000s on projected oil prices for 2015, when a barrel was expected to cost about $20, seemed laughable to say the least.
  • DIVERSIFYING EGYPT’S ENERGY MIX: The Road to Renewable Energy
    In Focus

    DIVERSIFYING EGYPT’S ENERGY MIX: The Road to Renewable Energy

    Tuesday, 3rd February 2015
    The Hurghada-Cairo road follows the Red Sea’s tranquil sea coast; the slightest swerve could drive a bus full of Egyptians, and the occasional foreigner, straight into the crystalline water. Opposite the Red Sea, the desert opens up in all directions, making the journey a pleasant experience, albeit the long bus ride The scenery turns extraordinary the moment the highway reaches the wind farms; their giant wind turbines rising like palm trees in the desert, a scene more suited to Germany than Egypt.
  • CHANGE; BUT FOR BETTER? What Egypt’s Shift in Energy Policy Means for the Future
    Opinion

    CHANGE; BUT FOR BETTER? What Egypt’s Shift in Energy Policy Means for the Future

    Tuesday, 3rd February 2015
    A famous Japanese proverb states, “The bamboo that bends is stronger than the oak that resists.” If there is any entity that has taken this advice to heart, surely it is the Egyptian energy sector.
  • Pricing Data Packages for Concessions: BENEFICIAL OR INEFFECTIVE?
    In Depth

    Pricing Data Packages for Concessions: BENEFICIAL OR INEFFECTIVE?

    Tuesday, 3rd February 2015
    A complaint raised recently by energy industry insiders in Egypt concerns the way bidding rounds take place for new concessions; namely that the bidders are required to buy the preliminary data packages needed for oil and gas exploration upon bidding for a concession.
  • Adverse  Environment: The Impact of Oil Prices on Egypt’s E&P
    In Focus

    Adverse Environment: The Impact of Oil Prices on Egypt’s E&P

    Tuesday, 3rd February 2015
    As oil prices continue their dive —with prices below $50 dollars per barrel at the time of publishing— many of us are left wondering what’s next. Will prices ever return to their previous levels? Have oil producers changed tactics? How will all this affect Egypt?
  • MOC 2014: Egypt Is Back on Track
    Events

    MOC 2014: Egypt Is Back on Track

    Thursday, 1st January 2015
    The 2014 Mediterranean Oil Conference (MOC) was held in Alexandria under the theme of “Unlocking the Potentials of Mediterranean Oil and Gas.” The three-day conference opened with a speech by Eng. Tarek El-Molla, Chairman of EGPC and Chairman of the 7th annual MOC.
  • $400 billion Loss for American Shale Due to Oil Price Deterioration
    Opinion

    $400 billion Loss for American Shale Due to Oil Price Deterioration

    Thursday, 1st January 2015
    It’s a chess game in every sense for the Organization of Petroleum Exporting Countries (OPEC) and American companies producing shale oil – where a nascent revolution faces its first real test since it emerged five years ago.
  • Deepwater Natural Gas Exploration Technologies
    Technology

    Deepwater Natural Gas Exploration Technologies

    Thursday, 1st January 2015
    While Egypt has received positive news recently regarding onshore gas projects in the Nile Delta and Western Desert, 80% of its gas reserves reside in the Mediterranean Sea. However, since most of the gas is located in deep-water fields, extraction has proved difficult.
  • Egypt’s Gas Prices: The Entire Story
    In Review

    Egypt’s Gas Prices: The Entire Story

    Thursday, 1st January 2015
    Gas pricing has been a recurring issue for the current and previous governments alike, and it remains without any apparent solution. The current government has changed the previous gas pricing equation – created by former Minister of Petroleum Sameh Fahmy– to allow gas prices to vary based on the nature of the drilling area and the cost of drilling; these amendments would only affect new and exploratory wells.
  • No Accountability: The Story Behind Mubarak’s Dropped Corruption Charges for Israeli Gas Deal
    Political Review

    No Accountability: The Story Behind Mubarak’s Dropped Corruption Charges for Israeli Gas Deal

    Thursday, 1st January 2015
    When on November 29th an Egyptian court dropped all the charges against former president Hosni Mubarak, who had been indicted for the killing of protesters during the January 2011 uprising, some Egyptians reacted with jubilee, others with outrage. While people in the streets and in cafés were busy commenting on the ruling or making jokes about it, the court also cleared Mubarak, as well as his sons Alaa and Gamal and old tycoon Hussein Salem of the corruption charges related to real estate interests in Sharm el Sheikh and to the Egyptian-Israeli gas deal.
  • WHEN NATURAL GAS IS NOT ENOUGH: Diversifying Egypt’s  Energy Mix
    In Focus

    WHEN NATURAL GAS IS NOT ENOUGH: Diversifying Egypt’s Energy Mix

    Thursday, 1st January 2015
    Egypt’s smothering summer months are old news, at least until May creeps back into our calendars. Yet the country’s worst energy crisis in decades continues to make the headlines. The second half of 2014 experienced plaguing power outages across the city, struggles to repay rising government debt, lagging foreign investment and a race to match natural gas production with domestic energy demand – all while juggling presidential elections, fuel subsidy reforms and a vulnerable industrial sector.
  • Egypt Stays Optimistic as Global Oil Prices Plummet
    In Focus

    Egypt Stays Optimistic as Global Oil Prices Plummet

    Thursday, 1st January 2015
    Following OPEC’s decision to maintain crude output levels at 30 million barrels per day (b/d), oil prices plummeted. The stock market in the Gulf plunged to unprecedented lows. At time of writing, Brent crude dropped to $61.38 per barrel, after four consecutive weeks of losses, down almost 16% over December, and nearly 50% since its June peak, Reuters reported. Saudi Arabian Petrochemical markets, as their prices are closely linked to oil prices, took major hits. Banks were down 3.2% and retail lost 3.5%. With sweeping market losses being reported internationally across various sectors, Egypt overcame the crash relatively unscathed, its market slipping a mere 0.2%.
  • Pan Marine Group
    Corporate Overview

    Pan Marine Group

    Wednesday, 31st December 2014
    Pan Marine Group is your Egyptian diversified and independent group. Our organization has been doing business for over than thirty years, and we are proud of our past success and continue to strive into the future. We provide an efficient and trustworthy service supported by our branches covering all over Egypt, guaranteed by quality management systems ISO certificated 9001, ISO 14001 and OHAS 18001 by BUREAU VERITAS.
  • The Beginning
    Corporate Overview

    The Beginning

    Wednesday, 31st December 2014
    At the end of the 20th century, Seaharvest Oil and Gas Services was established. Its first line of work was mainly in solid control and waste management. Then, at the start of the new millennia, gained an agency contract with Baker Bits. Starting off with little resources, Seaharvest Oil and Gas Services was able to open up a branch in Algeria offering all the services that Baker Hughes offers.
  • Universal Periodic Review: Egypt’s Human Rights Record Under the Spotlight
    Political Review

    Universal Periodic Review: Egypt’s Human Rights Record Under the Spotlight

    Wednesday, 31st December 2014
    On 5 November the stage was set for a public accounting of Egypt’s human rights record at the United Nation’s (UN) Universal Periodic Review (UPR); a mechanism that examines UN member states every four years. Egypt’s last review was in 2010, before the uprising that toppled former president Hosni Mubarak.
  • Offshore Oil and Gas Boom: A Brighter Future for the Mediterranean
    In Focus

    Offshore Oil and Gas Boom: A Brighter Future for the Mediterranean

    Wednesday, 31st December 2014
    When we think of offshore energy, we usually think of places like the North Sea or the Gulf of Mexico. The Mediterranean is a relative latecomer, driven by the need to develop more energy to drive developing economies and increasing populations. Many countries that border the Mediterranean such as Libya, Algeria, and Egypt already have established onshore energy economies, while recent offshore gas finds in Israel and Cyprus have redoubled attention to its vast hydrocarbon resources
  • EGYPT SITS ON MORE THAN 14 TCF OF STRANDED GAS RESERVES
    Round Table

    EGYPT SITS ON MORE THAN 14 TCF OF STRANDED GAS RESERVES

    Wednesday, 31st December 2014
    Industry Leaders Discuss Challenges and Potential at the First Stranded Gas Roundtable In Uptown Cairo on November 19, Egypt Oil & Gas held a roundtable to discuss the vast reserves of stranded gas in Egypt under the patronage of HE Eng. Sherif Ismail Minister of Petroleum. The event gathered industry leaders from the government and its foreign partners – representing the most promi- nent players and operators in the oil and gas sec- tor in Egypt. The roundtable was chaired by EGAS Vice Chairmen Geol. Mahfouz El Bony; its partic- ipants included the former Minister of Petroleum Eng. Abdallah Ghorab, EGAS Vice Chairman Eng. Osama Elbakly, Apache Vice President Thomas Maher, Country Manager of KUFPEC Egypt Mo- hamed Al Ajeel, Country Manager of Sea Dragon Ahmed Moaaz, and Egypt newcomer Aidan Mur- phy, the Country Chairman and Managing Director for Shell Egypt.
  • Interview With Mr. Mark Fenton, General Manager of Dana Gas
    Interview

    Interview With Mr. Mark Fenton, General Manager of Dana Gas

    Wednesday, 31st December 2014
    We managed to increase production targets of 2013 and we shall meet 2014 targets. The cash liquidity problem affects long-term growth plans. The total receivables balance as of mid-November 2014 is $277 million.
  • BG Egypt Through the Eyes of Mr. Arshad Sufi President of BG
    Interview

    BG Egypt Through the Eyes of Mr. Arshad Sufi President of BG

    Wednesday, 31st December 2014
    I have 32 years’ experience in the oil and gas industry. I have a doctorate in petroleum en- gineering from Stanford University in the US, and I started my career in the US as well. I’ve been all around the world, joining BG in 2000. While I’ve lived in a lot of different places, Egypt is like my second home – I have lived here over 12 years. In fact, I first joined BG in Egypt. At that stage we were doing a lot of major developments, and BG had not yet produced any gas. By 2005, we were by far the leading gas producer in the country. This is something BG prides itself on—very rapid development and implementation, which has been the hallmark of our stay in Egypt.
  • New Technologies
    In Review

    New Technologies

    Wednesday, 31st December 2014
    The pace of change in the oil and gas industry has been remarkable. Rapid industrialization over the past two decades has increased consumption of oil and gas, while technology has made meeting that demand possible. The expanding world population and chang- ing lifestyles means that the pressure to increase gas and oil production will never end.
  • Dana Gas: Investing for Growth in Egypt
    Highlight

    Dana Gas: Investing for Growth in Egypt

    Wednesday, 31st December 2014
    Dr. Mark Fenton, Dana Gas Egypt’s General Manager, opened the event with a word to the gathering crowd –including the UAE Ambassador in Egypt His Excellency Mohamed Bin Nakheira Al-Zahiri, the UAE Minister of State His Excellency Dr. Sultan Ahmed Al Gaber, EGAS Chairman Khaled Badie and Eng. Tarek El Mulla Chairman of the EGPC– announcing Dana Gas’ forthcoming investment plans in the country.
  • Militant Groups in Egypt:  Aims, Threats, and the  ‘War on Terror’
    Political Review

    Militant Groups in Egypt: Aims, Threats, and the ‘War on Terror’

    Wednesday, 31st December 2014
    Eid Al-Adha was a time of heightened security in Cairo, after Ansar Beit Al-Maqdis (ABM) – Egypt’s most prolific recent militant group - had threatened to make the start of the festival a “black day” for the security forces.
  • Stranded Gas: Technology Today and Future Challenges
    In Focus

    Stranded Gas: Technology Today and Future Challenges

    Wednesday, 31st December 2014
    Natural Gas is the world’s fastest-growing type of energy. Its use, according to many sources such as the Wall Street Journal, is predicted to at least double between 2000 and 2020. Many factors contribute to this surge in demand. First of all, population growth is a factor – more people equal the need for more energy. Oil, although still plentiful, is getting harder to recover. With environmental concerns rising all over the world, clean-burning natural gas is seen in a more positive light than coal, oil, or nuclear power. Many countries that previously had little or no modern infrastructure are now developing it. All of these factors add up to a vastly increased demand for natural gas, and the unfortunate possibility of an equivalent price rise. Current natural gas reserves for the entire planet are estimated at 6,100 trillion cubic feet (tcf), according to EIA estimates. Of these reserves, at least half are considered stranded.
  • Arab Oil Aid and the  Path to Egypt’s Upstream Independence
    In Focus

    Arab Oil Aid and the Path to Egypt’s Upstream Independence

    Wednesday, 31st December 2014
    The 2013/2014 fiscal year has ushered in many significant changes for Egypt’s economy and energy sector. Renewed efforts to pay off foreign debts and fuel subsidy cuts were the major features of president Sisi’s initial economic reform measures, and an upsurge in aid from Arab countries – much of it in the form of oil assistance – has contributed to meeting the countries significant energy demands. While Mohamed Morsi’s year as president was in some ways defined by the near $7.5 billion in financial aid from Qatar, which is now in the process of being returned, Egypt was flooded with billions of dollars from the United Arab Emirates, Saudi Arabia, and Kuwait, following Morsi’s ouster in support of the new regime. Regardless of the political implications, this new roster of foreign donors is proving essential to Egypt’s economic future.
  • Interview With  Mr. Maximilian Feller, General Manager of RWE Dea, Egypt
    Interview

    Interview With Mr. Maximilian Feller, General Manager of RWE Dea, Egypt

    Wednesday, 31st December 2014
    By profession I am a Petroleum engineer. I have been engaged in various positions in companies operating in the oil and gas industry, including countries like Kazakhstan, Romania, Pakistan, and Libya. In 2008 I have been appointed as General Manager for the Suez Oil Company (SUCO), the joint venture of RWE Dea and the Egyptian General Petroleum Company (EGPC).
  • Government Efforts to Stem the Decline in Oil and Gas Production
    Opinion

    Government Efforts to Stem the Decline in Oil and Gas Production

    Wednesday, 31st December 2014
    In an attempt to overcome severe energy shortage and to stem the decline in oil and gas production, the government has recently awarded twelve new exploration blocks to international oil companies (IOCs)
  • The Latest on Fracking
    In Review

    The Latest on Fracking

    Wednesday, 31st December 2014
    Hydraulic Fracturing, more commonly referred to as fracking, has now gone international. The USA has been fracking for decades, but now Egypt, South Africa, the United Kingdom, China and Mexico are exploring the previously difficult to recover gas and oil reserves.
  • Russia, Ukraine, the EU and Gas: Will it Ever End?  
    In Review

    Russia, Ukraine, the EU and Gas: Will it Ever End?  

    Wednesday, 31st December 2014
    Russia and Ukraine have a long history of disputes revolving around natural gas since Ukraine’s independence in 1992. In the last ten years the world witnessed three fallouts. The most recent of these came with a political background that proved neither simple, nor easily resolved. The current economic sanctions on Russia, which were imposed as a reaction to the political turmoil in Ukraine, affected the gas industry in numerous ways. While Russia is conquering new markets in China, Europe is feverishly diversifying its energy market.
  • Belayim Development Project- New Land Oil Train
    Projects

    Belayim Development Project- New Land Oil Train

    Wednesday, 31st December 2014
    Existing plant separation units are not achieving the required oil/water separation due to increasing water cut (80%) and aging of the equipment (20 years).Meeting the increased production of the plant (200 KBPD vs. 90 KPBD current capacity).
  • GE Oil & Gas and Petrojet Mark the Manufacture of 1000th Pumping Unit for Oil and Gas sector in Egypt
    Events

    GE Oil & Gas and Petrojet Mark the Manufacture of 1000th Pumping Unit for Oil and Gas sector in Egypt

    Wednesday, 31st December 2014
    Cairo, Egypt; September 22, 2014: GE Oil & Gas (NYSE: GE) and Petrojet Egypt, a multidisciplinary contractor who specializes in providing EPC services for the oil and gas sector, celebrated the local manufacture in Egypt of the 1000th API Certified Sucker Rod pumping unit.
  • Cairo Energy 2014
    Events

    Cairo Energy 2014

    Wednesday, 31st December 2014
    Under the Patronage of HE Engineer Sherif Ismail , Minister of Petroleum & Mineral PETROJET Sponsors Key Renewables ConferenceThe Cairo Energy Oil and Gas International Conference organized by the Pyramids Group Fair Organization under the patronage of Eng. Sherif Ismail the Minister of Petroleum and the Egyptian General Petroleum Company (EGPC), took place from September 6th through the 9th 2014 at the Cairo International Convention & Exhibition centre (CICC) in Cairo. The event was sponsored by PETROJET- the official sponser, Egyptian Maintenance Co. (EMC), AIDMO, General Electric, EGAS, Ganope, ABB and Scheider.
  • Militant Violence Spillover from Libya: The Threat to Egypt’s Oil and Gas Sector
    Political Review

    Militant Violence Spillover from Libya: The Threat to Egypt’s Oil and Gas Sector

    Wednesday, 31st December 2014
    Since the ouster of Muammar el-Qaddafi in 2011, the oil-rich country of Libya has descended into unrelenting violence, with rising fears that unrest could spill over the border into Egypt. The United Nations and foreign embassies in Libya have evacuated their staff and citizens, and many foreign airlines have terminated flights to Libya. Egyptian officials are openly anxious about growing links between militant groups in Libya and Egypt. With refinery attacks in Libya, and cross-border violence encroaching on Egypt’s Western Desert oil fields, concerns within the oil and gas industry are mounting.
  • Short Term Pain, Long Term Benefits
    Environmental Review

    Short Term Pain, Long Term Benefits

    Wednesday, 31st December 2014
    Gas and fuel prices soared this July, after the new Egyptian government reduced subsidies. Electricity shortages continued with the price of electricity set to double over the next five years.
  • An Argument for Direct Marketing: Need More Power? Free up the Gas
    Opinion

    An Argument for Direct Marketing: Need More Power? Free up the Gas

    Wednesday, 31st December 2014
    Power cuts and blackouts lasting between four and five hours are becoming a daily norm in Egypt, and the deficit between consumption and generation is widening year after year. It is not an installed generation capacity problem: on paper, Egypt has a 33,000 MW installed power generation capacity. As of 2014, all the fuel-to-power available is enough to generate only 22,000 MW compared to summer peak loads of 26,000-27,000 MW. So the installed capacity, even at 80% efficiency is enough to meet the summer peak loads.
  • Enhanced Oil Recovery:  A Cornerstone In Egypt’s Future Energy Development
    In Focus

    Enhanced Oil Recovery: A Cornerstone In Egypt’s Future Energy Development

    Wednesday, 31st December 2014
    Faced with an increase in the need for oil globally, energy companies have two choices: First, they can discover new fields; the second choice is to find a way to increase production for their current fields. Generally speaking, this second option is called EOR, or Enhanced Oil Recovery (it may also be referred to as Increased Oil Recovery or IOR). EOR can recover 30-60% of a site’s oil, as opposed to 20-40% using primary or secondary recovery, as stated by George Douglas Hobson in his “Introduction to Petroleum Geology.” This article will discuss the history of Enhanced Oil Recovery, several methods of recovery that fall under the broad definition of Enhanced Oil Recovery. It will also point out the current use of these methods in Egypt.
  • Can Subsidy Cuts Curb the Energy Black Market?
    In Review

    Can Subsidy Cuts Curb the Energy Black Market?

    Wednesday, 31st December 2014
    “In every country in the world there is a black market,” says Sherif El-Diwany, Executive Director of the Egyptian Center for Economic Studies. “But ours is huge and that’s what makes it so damaging for the economy.” An energy market distorted by subsidies provides an environment that is ripe for shortages and exploitation of black market profits. In early July, the Egyptian government announced a range of drastic cuts to energy subsidies. Subsidized gasoline and diesel fuel prices rose by as much as 78%. Electricity subsidies are to be completely phased out over a five-year period, with prices set in rise by up to 56% in some pricing tiers in the short-term. Natural gas subsidies to several industries are being slashed.
  • “3D GEOMODELLING OF COMPLEX STRUCTURE AS GOOD APPROACH TO RESERVOIR MANAGEMENT SCHEME”  RAS BUDRAN FIELD – GULF OF SUEZ, EGYPT
    Case Study

    “3D GEOMODELLING OF COMPLEX STRUCTURE AS GOOD APPROACH TO RESERVOIR MANAGEMENT SCHEME” RAS BUDRAN FIELD – GULF OF SUEZ, EGYPT

    Wednesday, 31st December 2014
    This study aimed to re-evaluate, update and adjust the structural model of Ras Budran field not only emphasizing on the productive area to provide infill development locations but also on the non-productive areas located within the lease concession to identify new potential areas that may lead to new discoveries targeting to increase the field recoverable reserves and production level.
  • Unconventional Assets The Global Resource Potential and Challenges for Egypt
    Technology

    Unconventional Assets The Global Resource Potential and Challenges for Egypt

    Wednesday, 31st December 2014
    The US sets up a great example to follow: The “unconventional resource asset revolution” represents a paradigm shift in energy supply that is reshaping global energy markets. In the U.S., unconventional resource plays have proven to be quickly producible in large volumes at a relatively low cost. The surge in hydrocarbon production from unconventional plays in the U.S. has resulted in abundant supplies of natural gas, oil (light tight oil), and natural gas liquids (NGL) that have reversed long-term declines in natural gas and oil production. Less than 10 years ago, most predictions for the U.S. forecast dramatic increases in LNG imports to meet increasing demand. Today, the U.S. is preparing to export LNG in the near future, and may become a net oil exporter around 2030.
  • Drilling in Egypt: Past,Present, and Future
    In Focus

    Drilling in Egypt: Past,Present, and Future

    Wednesday, 31st December 2014
    Advances in oil and gas technology are all around, increasing the amount and scope of discoveries with every passing year. Drilling, imaging, extraction, sample analysis—all of these areas and more are feeling the effects of technology research and development, with new discoveries giving rise to new interactions between sectors and almost instantly bringing forth ideas for even more.
  • Will Confidence in Sisi and Perceptions of Political Stability Translate into Oil and Gas Investment?
    Political Review

    Will Confidence in Sisi and Perceptions of Political Stability Translate into Oil and Gas Investment?

    Wednesday, 31st December 2014
    In a recent report from Business Monitor International, citing increased production efforts and positive attitudes toward operations in Egypt, it was stated that “The installation of the El-Sisi government has improved investor sentiment in Egypt,” while anticipating a “more stable environment for operators and investors over the coming years.” The Egyptian General Petroleum Corporation’s (EGPC) announcement at the beginning of the year to auction 22 new concessions, last month’s increase in fuel prices, as well as renewed plans to repay debt to operators are some of the efforts being made to motivate local and foreign investment. Many experts agree that initial reforms from Sisi’s administration and the political stability his presidency is expected to bring are having a positive effect, but it remains unseen if the sector will fully recover from Egypt’s damaged economy.
  • An International Shipping Company’s Operations in Egypt: Interview with Bab Reijntjes, Managing Director of Vroon Offshore Services
    Interview

    An International Shipping Company’s Operations in Egypt: Interview with Bab Reijntjes, Managing Director of Vroon Offshore Services

    Wednesday, 31st December 2014
    I have been in international shipping for over 25 years. I started as an agent for an owner with bulk/container vessels in Rotterdam. Later I spend 11 years in London with a Japanese shipping line and ship owner before moving to Vroon in 2004. In 2008 I joined Vroon Offshore Service, first in our Den Helder (Netherlands) affiliate and from 2012 in our Genoa (Italy) affiliate.
  • Developing a  Generation of  Oil and Gas Leaders
    Development

    Developing a Generation of Oil and Gas Leaders

    Wednesday, 31st December 2014
    Our research has confirmed that the key strategic capability for organizations across the globe is leadership, and companies in the oil and gas industry are no exception to this rule. But thousands of the oil and gas industry’s most experienced technical leaders must be replaced over the next three years as they reach retirement, and not enough new leaders are reaching the required levels fast enough. This exodus of skilled personnel and the increasing reliance on younger, inexperienced colleagues – known as the Big Crew Change – will leave a gaping hole in leadership capability across the industry.
  • The Implications of Egypt’s Energy Price Rises; Prosperity Through Pain?
    Economic Review

    The Implications of Egypt’s Energy Price Rises; Prosperity Through Pain?

    Wednesday, 31st December 2014
    Over the course of a few days in early July the Egyptian government announced a range of drastic cuts to energy subsidies.Natural gas subsidies to several industries are being slashed, increasing prices by 30-75% according to a report by Reuters. Subsidized gasoline and diesel fuel prices will rise by as much as 78%. Electricity prices are set in rise by up to 56% in some pricing tiers.
  • Sparking Reform:  Creating Dynamism in the Egyptian Energy Sector
    Opinion

    Sparking Reform: Creating Dynamism in the Egyptian Energy Sector

    Wednesday, 31st December 2014
    Egypt has been at the center of the news for the past several years. Its constant political and economic turmoil have kept the country on a razor’s edge. Since, the 2011 revolution, Egypt’s economy has sputtered. And, it has been extremely difficult for the country to retain and attract foreign revenue, as well as crucial tourism inflows. All of the preceding had a knock-on effect for the country’s energy sector, and its underlying strength and vitality have been severely questioned. Consequently, investors have turned away from the Egyptian market
  • DCS System for Petreco Plant
    Projects

    DCS System for Petreco Plant

    Wednesday, 31st December 2014
    This Petrobel project includes upgrading of an existing obsolete control system at Petreco control room from single loop to control to DCS system, and also including field instruments replacement to cope with DCS.
  • Israel’s Energy Future:  A CHANGE IN THE GAME
    In Focus

    Israel’s Energy Future: A CHANGE IN THE GAME

    Wednesday, 31st December 2014
    The name Yuval Bartov is not well known even in energy circles, yet he did something historic and world-changing. While taking samples of rock in the Middle East in 2009, he pulled up a sample of rock that contained oil. He was southwest of Jerusalem, Israel.
  • A Smarter Way to   Allocate Bread?
    Political Review

    A Smarter Way to Allocate Bread?

    Wednesday, 31st December 2014
    It was early morning and Mahdi Abdisalem, 17, was waiting in line at a state-subsidized bakery in the Nazlt El Smam neighborhood of Giza, a short walk from the pyramids. “It’s an Egyptian routine” he said, “I wake up at 6am, my mother sends me out, and I wait for hours.”
  • Mr. Jeroen Regtien Shell Egypt Country Chairman, VP & Managing Director
    Interview

    Mr. Jeroen Regtien Shell Egypt Country Chairman, VP & Managing Director

    Wednesday, 31st December 2014
    Egypt Oil and Gas had the opportunity to interview the Country Chairman, VP & Managing Director of Shell Egypt Jeroen Regtien. The interview addresses Shell Egypt's activities in the Egyptian oil and gas sector.
  • The Growing Threats  to Security in Egypt’s  Oil and Gas Sector
    In Review

    The Growing Threats to Security in Egypt’s Oil and Gas Sector

    Wednesday, 31st December 2014
    From militant bombings to organized crime and isolated events of theft, oil and gas infrastructure in the remote areas of Sinai and the Western Desert have always been vulnerable to gaps in security. In the midst of severe energy shortages and national and regional political tension—industry experts and officials express concern over the growing threat.
  • Egypt Can Move Forward with Energy
    Opinion

    Egypt Can Move Forward with Energy

    Wednesday, 31st December 2014
    With the establishment of the new El-Sisi government there is some hope for a more secure and more stable Egypt, but this is not guaranteed. The good general likely knows very well of the threats to energy, water, food and economic infrastructure that may lurk in Egypt.
  • DEKA Development Project
    Projects

    DEKA Development Project

    Wednesday, 31st December 2014
    The DEKA project launched by Petrobel is targeting the development of both the Denise and Karawan fields in Temsah Concession located at offshore Egypt in order to add a Natural Gas production of about 210 MMScfd, with an estimated cost of $ 470 MM. The Denise field is about 70 km off the Egyptian coast, while Karawan field is about 60 km off the Egyptian coast. The Denise field is in water depth of about 100 m and the Karawan field is about 68 m in depth.
  • Egypt Prepares to Open up  Gas Market
    In Focus

    Egypt Prepares to Open up Gas Market

    Wednesday, 31st December 2014
    An EGAS/GASCO joint working group is composing the drafts of a law and a decree that will enable to establish a gas regulator in Egypt next year. This is the first significant step towards opening the country’s gas market to competition.
  • Sisi’s Biggest Challenge: Fixing Egypt’s Faltering Economy
    Political Review

    Sisi’s Biggest Challenge: Fixing Egypt’s Faltering Economy

    Wednesday, 31st December 2014
    Reviving Egypt’s faltering economy is likely to be the biggest challenge facing Abdel Fattah al-Sisi, Egypt’s newly elected President. Egypt is experiencing an ongoing economic crisis characterized by corruption, a widening budget deficit, sluggish growth, soaring prices, energy shortages, high unemployment and entrenched poverty.
  • Heavy Oil  The Future of the Industry!
    Interview

    Heavy Oil The Future of the Industry!

    Wednesday, 31st December 2014
    In a world where the refining demand is constantly increasing and we are looking to add new product lines or building facilities that can handle more demand, Praxis Global Research looks to find ways of identifying the current needs of the industry and marrying them to state of the art know-how and technology. There is definitely not a shortage of need for upgrading and expanding refineries in Latam.
  • Pemex – Mexico Model: A Multi-beneficial Solution to Problems Facing the Egyptian Petroleum Sector
    In Review

    Pemex – Mexico Model: A Multi-beneficial Solution to Problems Facing the Egyptian Petroleum Sector

    Wednesday, 31st December 2014
    In 2008, PICO started to explore new business opportunities in countries other than Egypt, thinking out of the box; PICO then approached Pemex in Mexico for the following reasons
  • Overview of Egypt’s Oil Refineries
    In Review

    Overview of Egypt’s Oil Refineries

    Wednesday, 31st December 2014
    Egypt is Africa’s second largest oil refining country and holds 23% of the continent’s total, domestically produced, crude oil. Egypt’s market is comprised of nine refineries—all operated by Egyptian General Petroleum Corporation (EGPC) with the exception of the privately owned, MIDOR Refinery in Alexandria. The Wall Street Journal reported in 2013 that, “Egypt will spend $18 billion over coming years to build new refineries and modify existing plants in a move to increase its annual fuel output.” Most of the refineries are located in Cairo, Alexandria, or Suez.
  • Whither Egypt’s Economy?
    Opinion

    Whither Egypt’s Economy?

    Wednesday, 31st December 2014
    The new Egyptian leadership is facing formidable economic challenges. The official unemployment rate is above 13%, higher than last year. Compared to 2010, the number of unemployed Egyptians has grown from 2.4 million to 3.7 million. Large numbers are out of the workforce, or struggle in low-paid occupations in the informal sector. 26% of the population is living under the official poverty line, set at around $1.50 a day.
  • Fugro SAE Implements ROV and Subsea Engineering Control Deepworks Training Simulator Module for Egyptian Candidates
    Technology

    Fugro SAE Implements ROV and Subsea Engineering Control Deepworks Training Simulator Module for Egyptian Candidates

    Wednesday, 31st December 2014
    Deepwater and ultra-deepwater operations are now a core part of the business for many installation contractors. They rely heavily on Remotely Operated Vehicles (ROVs), lifting equipment and running tools for the deployment, maintenance and repair of deepwater production infrastructure. Additionally, umbilical, riser and flowline installations at depths up to 9,000 feet present huge technical and logistical challenges.
  • Egypt’s Oil Spill Preparedness
    Environmental Review

    Egypt’s Oil Spill Preparedness

    Wednesday, 31st December 2014
    In June 2010, the largest oil spill in Egyptian history occurred, polluting approximately 160 km of North Red Sea coastline. Known as the Jebel al-Zayt oil spill, the disaster mobilized a rapid clean-up campaign, informs University of Oxford energy expert Justin Dargin, which cleared approximately 90% of the resort-populated beaches within five days. The swiftness of response was seen as a success, however, the environmental disaster highlights the elevated risks surrounding the transport and exploration of oil in Egypt’s waters, which accordingly demands a higher level of preparedness and prevention. Egypt Oil & Gas Newspaper looks at the systems in place to protect Egypt’s waters in the Red Sea, the Mediterranean, and the Nile.
  • On the Politics of Power Cuts
    Political Review

    On the Politics of Power Cuts

    Monday, 29th December 2014
    At the beginning of The Square - the Oscar-nominated Egyptian documentary which has rapidly become the go-to reference point for people outside the country wanting to understand Egypt's last three years - there is a power cut. Young Egyptians sit joking around a table in the dark. "The lights went out," one says. "Why?"
  • Using the Right Honey to Attract Sweet Local Talent
    Local Content

    Using the Right Honey to Attract Sweet Local Talent

    Monday, 29th December 2014
    Forget millions-the billion-dollar question in the oil and gas industry over the next decade is: How to find the right local talent? With the Big Crew Change due to alter the structure of the industry, oil and gas companies must source qualified new talent who can create and implement new approaches needed to increase oil production in an increasingly complex and competitive industry.
  • KHALDA’S KALABSHA GAS COMPRESSION FACILITIES PROJECT
    Projects

    KHALDA’S KALABSHA GAS COMPRESSION FACILITIES PROJECT

    Monday, 29th December 2014
    Progress Report as of September 2013
  • KHALDA’S KALABSHA GAS EARLY PRODUCTION FACILITIES UPGRADE PROJECT
    Projects

    KHALDA’S KALABSHA GAS EARLY PRODUCTION FACILITIES UPGRADE PROJECT

    Monday, 29th December 2014
    Progress Report as of September 2013
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during April 2014.
  • Interview with Mr. Thomas M. Maher, General Manager of Apache Egypt
    Interview

    Interview with Mr. Thomas M. Maher, General Manager of Apache Egypt

    Monday, 29th December 2014
    Egypt Oil and Gas had the opportunity to interview Mr. Thomas M. Maher, General Manager of Apache Egypt. The interview addresses Apache's activities in the Egyptian oil and gas sector.
  • The Future of Egyp’s Brownfield Development Convention: An Overview of the Workshop
    In Focus

    The Future of Egyp’s Brownfield Development Convention: An Overview of the Workshop

    Monday, 29th December 2014
    At this month's convention, "The Future of Egypt's Brownfield Development," Egypt Oil & Gas will host a workshop dedicated to the latest advancements in technology and current case studies related to brownfield development in Egypt.
  • Eng. Tarek El-Barkatawy Chairman and Managing Director of Tanmia Petroleum Company
    Interview

    Eng. Tarek El-Barkatawy Chairman and Managing Director of Tanmia Petroleum Company

    Monday, 29th December 2014
    Egypt Oil and Gas had the opportunity to interview Eng. Tarek El-Barkatawy Chairman and Managing Director of Tanmia Petroleum Company. The interview addresses Tanmia's activities in the Egyptian oil and gas sector.
  • Interview with BRUNO LESCOEUR
    Interview

    Interview with BRUNO LESCOEUR

    Monday, 29th December 2014
    Edison's CEO Mr. Bruno Lescoeur sheds light on the company's history, motivations and its vision in Egypt during the company's event to celebrate 130 years of existence. The anniversary was attended by key figures from the Egyptian authorities and international energy companies as the attendees gathered to celebrate Edison's 130th birthday.
  • AUC Researchers in Pursuit to Boost Oil Recovery Rates with Nanoparticles
    In Review

    AUC Researchers in Pursuit to Boost Oil Recovery Rates with Nanoparticles

    Monday, 29th December 2014
    Although nanotechnology has been applied in the downstream petroleum industry for decades already, it was only in the 2000s that the upstream sector really began to take interest. Since then, research on upstream nanotechnology applications has boomed. In Egypt, this kind of research is conducted at the AUC by Dr. Adel Salem, Assistant Professor of Petroleum and Energy Engineering, and Abdelrahman Ibrahim El-Diasty, Research Assistant at AUC, and a senior student at Suez University.
  • An Investment Law in Egypt’s Best Interests?
    Economic Review

    An Investment Law in Egypt’s Best Interests?

    Monday, 29th December 2014
    The Egyptian business community is in no doubt: there needs to be change. And after three years of just that-revolutions, nationwide unrest and military takeovers-the authorities are looking to bring stability and economic recovery to Egypt, whatever the cost.
  • SinoTharwa Starts Offering Seismic Services
    Projects

    SinoTharwa Starts Offering Seismic Services

    Monday, 29th December 2014
    SinoTharwa Drilling Company, a joint venture between Egyptian and Chinese national energy companies, decided at the beginning of this year to compete in the market of seismic services. The services offered will be seismic acquisition, processing and interpretation. The company can use several profiling methods, 2D, 3D as well as 4D.
  • An Economy Built upon Sand
    Economic Review

    An Economy Built upon Sand

    Monday, 29th December 2014
    Shortly after Defense Minister Abdel Fattah El-Sisi and his Supreme Council of the Armed Forces (SCAF) removed the former President Mohamed Morsi from power, an Egyptian owner of a small technology start-up told me that the ouster of the Muslim Brotherhood president was a positive development for Egypt's economy. ''The military understands the importance of foreign investment, and they will bring stability back to Egypt. Foreign investors and tourists will return now that the Muslim Brotherhood is gone,'' he confidently declared. Nearly eight months later, it is clear that neither foreign investment nor tourists have been pouring into Egypt. Less clear, though, is where exactly to place the blame for Egypt's economic woes. A close examination of Egypt's economy reveals bleak prospects in the short-term; however, there is nevertheless some hope for cautious optimism.
  • ”Strike!” Is Egyptian Petroleum Safe from Industrial Unrest?
    Political Review

    ”Strike!” Is Egyptian Petroleum Safe from Industrial Unrest?

    Monday, 29th December 2014
    Mahalla – the spiritual home of Egypt's labor movement. For 12 days in February, workers at the state-owned Misr Spinning and Weaving Company staged a massive strike demanding the removal of holding company Chairman, Foaud Abdel-Alim, and the implementation of a EGP 1,200 minimum wage promised to public sector workers in January. After a fortnight of failed negotiations, Mahalla's workers made a patchy deal with the government on February 22: ''You have two months to meet our demands, or we strike again.'' The government has promised to implement the minimum wage. Before, an agreement between workers' representatives and Labor Minister Kamal Abu Eita to oust Abdel-Alim was left unsigned by the Investment Ministry. The minister, Omar Saleh, instead offered a replacement board of ''experienced members,'' an offer flat-out rejected by striking workers.
  • Vast Amounts Of Oil Hiden In Egypt’s Kerogen Rock
    Unconventional

    Vast Amounts Of Oil Hiden In Egypt’s Kerogen Rock

    Monday, 29th December 2014
    Besides conventional and shale oil, Egypt has a large amount of another hydrocarbon called oil shale. The country has conducted studies on this kerogen rich resource for decades, but its economical exploitability remains in question.
  • Khalda’s Qasr Compression Project: Monthly Progress Report (November 29 to December 27, 2013)
    Projects

    Khalda’s Qasr Compression Project: Monthly Progress Report (November 29 to December 27, 2013)

    Monday, 29th December 2014
    Qasr is a large, normally pressured gas-condensate reservoir located in the Western Desert, approximately 525 km west of Cairo. The field is operated by Khalda Petroleum Company (KPC), a joint venture between Apache Khalda Corporation and Egyptian General Petroleum Corporation (EGPC).
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during February 2014.
  • Energy Efficiency Master Plan for Egypt
    Round Table

    Energy Efficiency Master Plan for Egypt

    Monday, 29th December 2014
    "Energy Efficiency Master Plan for Egypt", a roundtable organized by Egypt Oil & Gas, took place at the Four Seasons Nile Plaza in Cairo on March 26th. The event, organized by Egypt Oil &Gas, brought together a diverse group of stakeholders including policy-makers, industry experts and academics to discuss how to tackle Egypt's current energy issues, particularly how the country can benefit from the implementation of policy and technologies that promote energy efficiency.
  • Energy Efficiency Success Stories And Lessons For Egypt
    In Review

    Energy Efficiency Success Stories And Lessons For Egypt

    Monday, 29th December 2014
    Experts continuously insist that Egypt's energy woes would be reduced significantly if the nation became more energy efficient. This could be accomplished mostly by reducing energy subsidies, so they stress, but decades of failures to decrease the subsidies significantly do not give hope that it will happen soon. However, experiences of other countries indicate that besides reducing subsidies, there are several other measures that can boost energy efficiency (EE). This article reviews a few successful EE policies, with particular attention on the lessons that could be learned from other MENA countries.
  • Dr. Mark Walker Fenton – General Manager of Dana Gas-Egypt
    Interview

    Dr. Mark Walker Fenton – General Manager of Dana Gas-Egypt

    Monday, 29th December 2014
    Dr. Fenton completed Ph.D in Geology and Bachelor of Science in Geology from the University of Melbourne. He started his career with Shell Australia in 1985 and was involved in several onshore and offshore exploration ventures. He served Shell International in The Hague for five years and also served for Shell in exploration, production and development projects in Australia, Netherlands, Vietnam, Myanmar, and Oman. In Oman he was involved in field development planning and drilling of the giant Yibal oil field. Dr. Fenton served as Petroleum Engineering Team Leader of Central Oman and was responsible for the development and production of some 13 oil fields. He joined Woodside in 2000 as Business Manager for the Offshore Enfield Development and was responsible for all development work and environmental approvals. He served as a Director of Kairiki Energy Limited from December 1, 2009 to February 2013.
  • The Road to Energy Self-Sufficiency
    Opinion

    The Road to Energy Self-Sufficiency

    Monday, 29th December 2014
    Energy is a vital line for any economy and an important factor in the lives of all Egyptians. Access to energy at affordable prices encourages growth in all economic sectors. Energy markets across the world are faced with a variety of similar challenges and each market can boost economic growth through the development of strategies to secure affordable, sustainable, and safe energy supplies.
  • May Presidential Elections
    Political Review

    May Presidential Elections

    Monday, 29th December 2014
    The first round of Egypt's presidential elections will take place from May 26th to 27th, Egypt's Elections Committee (PEC) announced on Sunday March 30th, 2014. Candidates are allowed to file their applications to the commission from March 31th to April 20th, the committee said.
  • Egypt: Crude Democracy?
    Political Review

    Egypt: Crude Democracy?

    Monday, 29th December 2014
    Egypt's oil and gas sectors have been vital drivers of the economy through years of dictatorship, revolution, and democratic upheaval. Like any aspect of life in Egypt since the January 25 revolution, the industry's fortunes have ebbed and flowed. And yet its relationship with Egypt's under-construction democracy is more complex than it might first appear.
  • GUPCO: Looking Forward
    Corporate Overview

    GUPCO: Looking Forward

    Monday, 29th December 2014
    The Gulf of Suez Petroleum Company (GUPCO) is going through a significant phase in its history of almost 49 years, as the company implements a number of projects that would put GUPCO in the position it is worthy of. The most important of these projects were presented to Engineer Al-Sharif Ismail, the Minister of Petroleum and Mineral Resources, during his recent visit to Gulf of Suez in mid-November.
  • Industry Demands Solution to Egypt’s Gas-Coal Problem
    Energy Focus

    Industry Demands Solution to Egypt’s Gas-Coal Problem

    Monday, 29th December 2014
    The huge load of black coal sitting on the docks in Alexandria last October was laden with symbolism. Lafarge, one of Egypt's largest cement multinationals, imported a shipload of coal into Alexandria without prior approval from the government. The environment ministry initiated legal proceedings soon after-a fine is likely, according to officials. ''Uncovered, and barely separated from the surrounding, densely populated residential neighborhood by a flimsy sheet of metal, the coal pile freely scattered its ashes and hazardous particles into the air,'' Louise Sarant then wrote in Mada Mas. The image of this ''giant mountain of coal'' reflects growing environmental concerns, delays, and frustration over Egypt's gas-coal issue.
  • Khalda Progress of the Hydra Gas Development Project
    Projects

    Khalda Progress of the Hydra Gas Development Project

    Monday, 29th December 2014
    The Hydra Gas Development Project of Khalda Petroleum Company initiated on April 4th 2013, and is set to complete its first phase on March 31st this year with the second phase to end September 30th. Genesis has been contracted for engineering and procurement support, while construction and installation is contracted by Petrojet. The project’s budget is USD 50 million for a USD 2.1 million expenditure. The issue date for the project was October 10th 2013, and its project managers are Neil Clark and Eng. Mohamed Ismail.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during January 2014.
  • Insider Perspective: Former Egyptian Minister of Oil Osama Kamal Gives Daring Interview
    Interview

    Insider Perspective: Former Egyptian Minister of Oil Osama Kamal Gives Daring Interview

    Monday, 29th December 2014
    Egypt Oil and Gas had the opportunity to interview Former Egyptian Minister of Oil Eng. Osama Kamal.
  • Overview Of Egypt’s Upstream Sector
    Corporate Overview

    Overview Of Egypt’s Upstream Sector

    Monday, 29th December 2014
    There are three major hydrocarbon-producing regions in Egypt: the Gulf of Suez, the Nile Delta, the Mediterranean, and the Western Desert. As of January 1st 2014, the country is estimated to hold 3.36 billion barrels (BCF) of technical liquid (oil and condensates/NGL) contracted reserves, 2.71 billion barrels of them commercial (on-stream or under development).
  • Negotiating Terms and Recovering Costs: Egypt’s Tedious Production Sharing Agreements
    In Focus

    Negotiating Terms and Recovering Costs: Egypt’s Tedious Production Sharing Agreements

    Monday, 29th December 2014
    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. However, there is a general concern surrounding the inherent shortcomings of PSAs and the cost recovery structure itself, especially considering the advent of expensive, high-risk forms of exploration such as deep-water or hydraulic fracturing.
  • Egyptian Local Content and Achieving In-Country Value
    In Focus

    Egyptian Local Content and Achieving In-Country Value

    Monday, 29th December 2014
    Since the beginning of petroleum industry and the renaissance era witnessed by all major countries producing hydrocarbons, most regulators of host governments discovered the vital role played by this industry in achieving sustainable development to their people. Whether by achieving a minimum limit for governmental revenue through taxes and royalties, or in the form of petroleum share, regulators discovered that achieving the in-country value throughout an effective local content strategy must be a main target of petroleum industry, in addition to monetary aspects and the petroleum share.
  • Egypt’s Gas Calamity: The Way Forward?
    In Focus

    Egypt’s Gas Calamity: The Way Forward?

    Monday, 29th December 2014
    Egypt's gas consumption has doubled in the past decade, but production has been in a downward trend since 2009. Currently, the country consumes about 6.7 billion cubic feet of natural gas a day, but produces only 5.4 billion, 0.8 billion of which is exported. The production fell by 8.5% in the first nine months of this year compared to the same period of 2012. Since gas export obligations are still in place, but import options are hardly established, the country is experiencing shortages. The shortages are set to worsen rapidly unless Egypt manages to produce or import more gas or curb consumption.
  • Over-Subsidized and Unaware: Egypt’s Culture of Energy Consumption
    Energy Focus

    Over-Subsidized and Unaware: Egypt’s Culture of Energy Consumption

    Monday, 29th December 2014
    Energy Consumption Crisis in Egypt Egypt lacks an energy conservation culture. Yet, the demand for energy continues to grow with increasing industrialization and a skyrocketing population. Egypt is not alone in facing this problem, as many other oil-producing countries in the Middle East are plagued with increasing domestic demand for energy.
  • A Constitution ”For All Those Determined”
    Political Review

    A Constitution ”For All Those Determined”

    Monday, 29th December 2014
    In an article last month, I wrote that the new Egyptian constitution must accomplish these three aims: prevent presidential autocracies, limit the authority of the military, and provide more rights for more Egyptians. Given that the draft constitution has been finalized, and a national referendum on the draft will commence on the 14th and 15th of January, I believe it is necessary to examine the degree to which the amended constitution accomplishes the lofty aims set forth in my December article. Although the draft constitution of 2013 takes some positive steps in the realms of protecting rights and freedoms and preventing presidential autocracies, it ultimately fails to limit the power of the military. Instead, it appears to pave the way for greater military involvement in politics as an unchecked, quasi-government entity.
  • Construction of the East Baharia Power Station
    Projects

    Construction of the East Baharia Power Station

    Monday, 29th December 2014
    Foreign partners have agreed to fund an electricity station to produce up to 8,000 barrels, and attract investments amounting to USD 47 million. This is following the company's success in reducing the cost of barrels, and maximizing the use of natural gas to manage all machinery and pumps-under the guidance of the Minister of Petroleum and the President of EGPC-that will reduce the imported amount of diesel and currency, made possible by the confidence of foreign partners in the feasibility of such projects.
  • EPEX Explores Unconventional
    Events

    EPEX Explores Unconventional

    Monday, 29th December 2014
    ENAP Sipetrol - Egypt Branch had the pleasure of hosting this year's EPEX Conference (Egyptian Petroleum Exploration Society) at Sky Resort on Wednesday December 4, 2013, under the auspices of HE the Minister of Petroleum and Mineral Resources. The Egyptian Oil Sector's most prominent figures, as well as Sipetrol's top management currently headed by Eng. Sayed Rezk, the newly appointed General Manager, attended the conference. Mr. Hesketh Streeter, ENAP E&P Manager attended as well.
  • Egypt Oil & Gas 2nd Winter Cup Soccer Tournament
    Events

    Egypt Oil & Gas 2nd Winter Cup Soccer Tournament

    Monday, 29th December 2014
    The 2nd Egypt Oil & Gas Winter Soccer Tournament took place this month. Egypt Oil & Gas would like to thank all of the tournament's sponsors: Dana Gas, Enap Sipetrol, Kuwait Energy, Lafarge and TransGlobe Energy. We would also like to thank all of this year's participating teams: Apache, Baker Hughes, Dana Gas, EDC, Enap Sipetrol, Halliburton, Lafarge, Kuwait Energy, Mantrac, PWC, Transglobe ''A'' and TransGlobe ''B''. It is worth mentioning that Halliburton was the winner in both the Ramadan and winter tournaments this year.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during December 2013.
  • Uncovering Egypt’s Shadowy Permits Process
    In Focus

    Uncovering Egypt’s Shadowy Permits Process

    Monday, 29th December 2014
    Initiating oil and gas exploration projects demands close compliance with governmental authorities, particularly the military. Holding companies under the Ministry of Petroleum award blocks in bid rounds to the most competitive bidder so that eventually, commercial development can take place in that concession area. But an extensive sequence of permits and approvals must be obtained between these two points before the IOC can begin its work.
  • Streamlining the Permit Process: Lessons from Abu Dhabi and Qatar
    In Review

    Streamlining the Permit Process: Lessons from Abu Dhabi and Qatar

    Monday, 29th December 2014
    According to University of Oxford energy expert Justin Dargin, no country exists in the MENA region where oil and gas permitting is an easy process for international energy companies (IOCs). However, some countries-notably Qatar and the UAE, as Dargin and other experts point out-cope much better than the rest of the region. This article looks into the permit processes in the emirate of Abu Dhabi and Qatar, and what Egypt could learn from them.
  • Perenco’s Innovative Approaches to Egypt’s Gas Fields
    Technology

    Perenco’s Innovative Approaches to Egypt’s Gas Fields

    Monday, 29th December 2014
    In 1975 Perenco was founded as a marine services company but spread into upstream operations in 1985. The independent oil and gas company's strategy ''evolved rapidly towards increasing production and reserves, renewing licenses and securing additional acreage for exploration and development opportunities.'' Perenco now spans onshore and offshore across the globe, with headquarters in Paris and London.
  • Gas Pipeline Project at North West Gemsa Field
    Projects

    Gas Pipeline Project at North West Gemsa Field

    Monday, 29th December 2014
    PetroAmir, established in March 2010, is a joint venture between EGPC and Greek firm Vegas Oil & Gas. PetroAmir was established for the development and production of the North West Gemsa (Amir) Field in the Zeit Bay area of the Red Sea. The monthly production, as of June 2013 is approximately 317,184 bbl of oil and 361 MMscf of gas.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during November 2013.
  • A Positive Outlook into the Future: An Interview with Eng. Hesham Ismail Vice President of Halliburton North Africa
    Interview

    A Positive Outlook into the Future: An Interview with Eng. Hesham Ismail Vice President of Halliburton North Africa

    Monday, 29th December 2014
    In an exclusive interview, Vice President of Halliburton North Africa Hisham Ismail gives Egypt Oil and Gas insightful information on future steps in the industry.
  • Egypt’s Poor Suffer at the Hands of Butane Crisis
    In Review

    Egypt’s Poor Suffer at the Hands of Butane Crisis

    Monday, 29th December 2014
    For short and long-term memories alike, lack of butane supply occupies the minds of many Egyptians this season, but more likely they are suffering from it. News breaks annually when the shortage worsens, and headlines echo a familiar call for alarm. But the real crisis runs far deeper than winter discontentment.
  • Uncertainty Amid Egypt’s Mounting Debt to IOCs
    In Focus

    Uncertainty Amid Egypt’s Mounting Debt to IOCs

    Monday, 29th December 2014
    Since the toppling of Mubarak, Egypt's energy sector has been in a perpetual state of disarray. The sector has suffered from declining production, pipeline attacks, an unsustainable subsidy system, and mounting debt. The current transitional government faces the daunting task of restoring the sector. One of the biggest hurdles is the government's USD 6.2 billion debt to IOCs. Company executives have repeatedly echoed their concerns to Egypt Oil & Gas over delayed payments. In this article experts and academics give their insight and opinions on the significance and impact of the arrears.
  • The Defendant Pleads Legitimate 
    Political Review

    The Defendant Pleads Legitimate 

    Monday, 29th December 2014
    Mohamed Morsi's appearance in court on November 4 was a sober reminder that the former president and his Muslim Brotherhood have not completely disappeared from the Egyptian political scene. Moreover, Morsi's assertion that he remains the legitimate president of Egypt revealed that the former president has not surrendered to the military's political roadmap-a plan that many Egyptians grudgingly accept as a political reality. Morsi's fate now lies in the hands of the judiciary, but that does not necessarily mean that his trial will be characterized by impartiality.
  • Interview with Bruno Boeddu, ABB’s Local Division Manager for Process Automation Egypt and Central Africa
    Interview

    Interview with Bruno Boeddu, ABB’s Local Division Manager for Process Automation Egypt and Central Africa

    Monday, 29th December 2014
    Egypt Oil and Gas had the opportunity to interview Mr. Bruno Boeddu, ABB's Local Division Manager for Process Automation Egypt and Central Africa. The interview addresses ABB's activities in the Egyptian oil and gas sector, as well as their goals for 2014.
  • Launching Event to Celebrate Cooperation Agreement Between Oil and Gas Skills (OGS) and PricewaterhouseCoopers ”PwC’s Academy”
    Events

    Launching Event to Celebrate Cooperation Agreement Between Oil and Gas Skills (OGS) and PricewaterhouseCoopers ”PwC’s Academy”

    Monday, 29th December 2014
    On the 10th of November 2013, PwC's Academy and OGS held the launching event of the cooperation agreement between OGS and PwC's Academy. The event took place at the JW Marriot with the attendance of numerous representatives from petroleum companies in Egypt as well as PwC Egypt. This cooperation resulted in a business alliance between the two organizations to consolidate PwC's Academy in Egypt as well as the ME training expertise to conduct and deliver selective number of training programs to OGS' expended clients' base and businesses in Egypt, UAE, Libya, Oman and Saudi Arabia.
  • Insight on Unconventional Resource Development: An Interview with Harry Saul President of Kuwait Energy Egypt
    Interview

    Insight on Unconventional Resource Development: An Interview with Harry Saul President of Kuwait Energy Egypt

    Monday, 29th December 2014
    Egypt Oil and Gas had the opportunity to interview President of Kuwait Energy Egypt Harry Saul. Mr. Saul shared his thoughts on Egypt's potential development of unconventional resources.
  • Interview with Dirk Warzecha The Chief Operating Officer of RWE Dea
    Interview

    Interview with Dirk Warzecha The Chief Operating Officer of RWE Dea

    Monday, 29th December 2014
    Egypt Oil and Gas had the opportunity to interview the Chief Operating Officer of RWE Egypt Dirk Warzecha. The interview addresses RWE's activities in the Egyptian oil and gas sector, as well as their goals for 2014.
  • Realizing Egypt’s Wind Power Potential
    Renewable

    Realizing Egypt’s Wind Power Potential

    Monday, 29th December 2014
    Regions of Egypt are known for excellent wind resources, allowing the country to become a leader in terms of installed wind power capacity in Africa and the Arab region. The government has committed to an ambitious target of increasing the share of wind energy to 12% by 2020 through engaging the private sector for the first time in developing Egypt's wind farms. However, bidding processes have not run as smoothly as expected and achieving the target remains elusive.
  • A Constitution to End All Constitutions
    Political Review

    A Constitution to End All Constitutions

    Monday, 29th December 2014
    As Egypt struggles to navigate its political roadmap following the revolutionary events of 25 January 2011, the debate over the constitution is proving to be a major roadblock.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during October 2013.
  • Meeting Egypt’s Electricity Needs
    In Review

    Meeting Egypt’s Electricity Needs

    Monday, 29th December 2014
    Egypt's electricity consumption has about doubled in each of the last three decades. Until recently production managed to keep up with this pace, but it is not the case anymore. Currently, Egypt can produce up to 27,000 MW of electricity per day, whereas daily consumption reaches 29,000 MW in summer.
  • Implications of Apache’s Asset Sale
    In Review

    Implications of Apache’s Asset Sale

    Monday, 29th December 2014
    Apache, one of the largest oil producers and US investors in Egypt, recently announced that it has sold a 33 percent minority interest in its Egypt operations to China's state-owned petroleum company Sinopec International Exploration and Production Corporation. This caused some to wonder if this is the first sign of oil and gas companies fleeing Egypt due to political turmoil. Optimistically however, the deal may actually mark another trend, China's growing influence in Egypt's energy sector.
  • Revitalizing a Brownfield: Kuwait Energy’s Area A
    Field Trip

    Revitalizing a Brownfield: Kuwait Energy’s Area A

    Monday, 29th December 2014
    This month Egypt Oil & Gas had the opportunity to visit Kuwait Energy's Area A concession located in the Eastern Desert. Accompanied by President of Kuwait Energy Egypt Harry Saul and Vice President of Operations Kamel Al-Sawi, we had the pleasure of touring a portion of Area A's Shukheir field along with Gamal Afifi the Assistant Field Superintendent, Hamid Fathy the HSSE Manager and Eng. Amr Abd Elrahman.
  • Fugro SAE Integrated GIS System for Offshore and Onshore Visualised Data Presentation
  • PICO Sponsors Ain Shams University Racing Team
    Events

    PICO Sponsors Ain Shams University Racing Team

    Monday, 29th December 2014
    PICO actively supports numerous activities as part of its commitment to corporate social responsibility. In order to promote education and young people in Egypt, PICO recently sponsored the Racing Team from Ain Shams University. The team will participate in several prestigious international competitions in car manufacturing and racing.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during September 2013.
  • The Future of Unconventional Oil and Gas in Egypt
    Round Table

    The Future of Unconventional Oil and Gas in Egypt

    Monday, 29th December 2014
    Egypt Oil & Gas Newspaper hosted its third roundtable discussion on October 3, 2013. The event was held at the Katameya Heights Clubhouse. The roundtable sought to promote dialogue between governmental officials and industry executives on the possibilities of developing Egypt's unconventional resources. Twenty-two delegates participated in the discussion, which was attended by approximately 100 members of the sector as well as local and international media outlets.
  • Unconventional Resources and Hydraulic Fracturing: Assessing the Environmental Impact
    In Review

    Unconventional Resources and Hydraulic Fracturing: Assessing the Environmental Impact

    Monday, 29th December 2014
    Recent technological advances have allowed for economically viable extraction of unconventional forms of gas. Unconventional forms of natural gas including shale, tight gas, and coalbed methane, generally occur in lower concentrations over larger areas compared to conventional gas reservoirs, making it difficult to extract. Currently, shale gas production is predominately limited to the United States, where it continues to grow rapidly. Shale gas was primarily responsible for the increase in gas production in the United States between 2010-2011. Noting the success of shale in the US, many other countries, including Egypt, are now considering the possibilities of tapping their own unconventional resources.
  • Lessons for Managing Unconventional Resources
    Guest Column

    Lessons for Managing Unconventional Resources

    Monday, 29th December 2014
    Recently, a report produced by the US Energy Information Agency noted that Egypt has significant proven and prospective volumes of natural gas and sizeable deposits of crude oil. There are around 2 trillion cu meters of proven conventional natural gas reserves and nearly further 3 trillion cu meters in unconventional reservoirs. Egypt also has 4.4 billion barrels of proven crude oil reserves and around the same volume in unconventional deposits. Whilst these are not the highest figures in the world, if optimally managed, such resources could play a significant role in Egypt's economic development.
  • Shale Gas
    In Review

    Shale Gas

    Monday, 29th December 2014
    Shale gas refers to natural gas that is trapped in small pores inside shale rock. Since the pores are not connected and shale is relatively impermeable, it is not possible to extract large amounts of shale gas by using conventional technologies. Therefore shale gas is called an unconventional hydrocarbon. The emergence of cost-effective technologies for extracting shale gas has caused a surge in its production in the US over the past few years. There is no precise estimate of how much shale gas exists world wide, but the US Energy Information Administration (EIA) estimates that the US and the 41 other countries have a total of 7,299 trillion cf of technically recoverable shale gas. This represents 37% of the world's total technically recoverable gas resources.
  • US Tight Oil Boom: Domestic and Global Implications
    In Review

    US Tight Oil Boom: Domestic and Global Implications

    Monday, 29th December 2014
    The US is currently in the midst of what has been dubbed an energy renaissance. This renaissance was spurred by the country's ability to tap unconventional oil and gas. Unconventional oil lacks a standard definition, but it is generally characterized as more difficult and expensive to extract than conventional oil. The conventional-unconventional categories are fluid, as some types of oil currently considered conventional were once labeled as unconventional.
  • The West and the Rest on Egypt’s Crackdown
    Political Review

    The West and the Rest on Egypt’s Crackdown

    Monday, 29th December 2014
    The removal of Egyptian President Mohamed Morsi from power on July 3 and the consequent crackdown on his supporters and other members of the Muslim Brotherhood has caused political turmoil, chaos and left over 1,000 dead within Egypt. Outside of Egypt, the military's bold course of action provoked a wide range of responses from regional and international actors. An analysis of the varied responses to the crackdown on the Muslim Brotherhood provides insight into the interests of major international and regional actors.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during August 2013.
  • Insurgency in Sinai and Suez: Threats to the Oil and Gas Sector?
    In Focus

    Insurgency in Sinai and Suez: Threats to the Oil and Gas Sector?

    Monday, 29th December 2014
    Since the ouster of Morsi much of Egypt has been in a state of fluctuation. In the realm of oil and gas, the past summer has witnessed a few signs of concern. In July a consortium of Indian companies declined to sign a production sharing agreement for previously awarded concession blocks.
  • The Impact of Gulf Aid on Egypt’s Economy
    In Review

    The Impact of Gulf Aid on Egypt’s Economy

    Monday, 29th December 2014
    The unrest following the removal of Former President Mohamed Morsi has heightened the post-revolution impact that declining tourism revenue and decreasing foreign investment have had upon Egypt's economy. In the wake of Morsi's ouster, and sensing both Egyptian need along with a broader political or economic opportunity, three Gulf countries pledged billions of dollars in aid.
  • The Redefining of the Muslim Brotherhood
    Political Review

    The Redefining of the Muslim Brotherhood

    Monday, 29th December 2014
    The election of the Muslim Brotherhood's candidate, Mohamed Morsi, as the president of Egypt seemed to signal a promising future for an organization that was banned for the nearly six decades leading up to the January 25th Revolution.
  • EPEX Explores Unconventional Resources in Egypt
    Events

    EPEX Explores Unconventional Resources in Egypt

    Monday, 29th December 2014
    The Egyptian Petroleum Society (EPEX), headed by Dr. Ahmed A. Fattah, recently devoted a monthly session to the topic of unconventional resources in Egypt. Held on June 24th at the Sofitel in Maadi, the session brought together government officials, academics and industry professionals to discuss the potential of unconventional exploration in Egypt.
  • Halliburton Hosts Conference on Unconventional Resources
    Events

    Halliburton Hosts Conference on Unconventional Resources

    Monday, 29th December 2014
    Halliburton recently hosted the 2013 Technology Forum at the Cairo JW Marriott. Titled ''Shale Plays: Discovering the Opportunities in Egypt,'' the event brought governmental officials and industry executives together in order to discuss the potential of shale exploration in Egypt. The event, organized by Halliburton, was held in collaboration with the Ministry of Petroleum and EGPC.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during July 2013.
  • Unconventional Gas Beyond the US: Emerging Players in Shale Exploration and Development
    In Focus

    Unconventional Gas Beyond the US: Emerging Players in Shale Exploration and Development

    Monday, 29th December 2014
    Technological developments in the US have recently opened access to unconventional forms of natural gas. Types of unconventional gas include shale gas, tight sands, and coalbed methane. Shale gas is currently the most discussed unconventional gas as it has been credited as revolutionizing the energy sector in the US. Through the combined use of horizontal drilling technologies and hydraulic fracturing, Mitchell Energy was able to extract shale gas at an economically viable rate in 1998.
  • The Decline of Morsi
    Political Review

    The Decline of Morsi

    Monday, 29th December 2014
    One year after coming to power, Egypt's first democratically elected president, Mohamed Morsi was thrown out of office. Morsi loyalists continue to take to the streets defending the ousted president's legitimacy while the opposition holds demonstrations in Tahrir to show support for Morsi's overthrow. Many outside observers have questioned how this precedent will impact Egypt's future political landscape. While it is impossible to predict what the future holds for the Egypt, hindsight allows us to examine the decisions and failures that lead to his ouster. This article explores the grievances that led up to July 3rd.
  • Resolving the Egypt-Ethiopia Nile Dispute: Options for Moving Forward
    In Review

    Resolving the Egypt-Ethiopia Nile Dispute: Options for Moving Forward

    Monday, 29th December 2014
    While Egypt is facing several internal crises, it is also caught in an international dispute over the Nile. The future of the country's water resources is now in question following Ethiopia's construction of the Grand Ethiopian Renaissance Dam. At the time the dam's construction began in 2011, Egypt was preoccupied with the aftermath of January 25 Revolution, but when Ethiopia temporarily diverted the flow of the Nile in May, Egypt responded with a political uproar. As diplomatic relations between the countries become increasingly stained over the dam, Egypt Oil & Gas spoke to leading experts to assess possible solutions to the dispute.
  • Ratification of the Petroleum Concession Agreements
    Guest Column

    Ratification of the Petroleum Concession Agreements

    Monday, 29th December 2014
    The Egyptian constitution, adopted in 2012, stipulated that exploitation rights of ''state properties or public facilities'' shall be granted by a law. On July 3rd the Egyptian army declared the immediate suspension of Egypt's constitution. Given this, questions emerge regarding petroleum agreements in Egypt. Is it possible to formalize petroleum concession agreements in the absence of the legislature or People's Assembly? Considering exploration and exploitation rights are to be issued only by a law, are parliamentary elections necessary for new petroleum agreements to be completed?
  • Oil Prices, Unrest and Aid
    Analysis

    Oil Prices, Unrest and Aid

    Monday, 29th December 2014
    Second chances are rare in this world. Still, over the course of the last month, Egyptians have possibly created just that. However, the long-term consequences of this ''revolutionary repeat'' remain unknown.
  • ‘Shortages’ manifest in extreme gas lines in weeks leading up to June 30th. 
    Investigation

    ‘Shortages’ manifest in extreme gas lines in weeks leading up to June 30th. 

    Monday, 29th December 2014
    Extreme gas lines crippled Cairo in the days leading up June 30th. Queues at gas stations reached several hundred meters, worsening Cairo's already congested roadways. Drivers were forced to wait in lines for six to eight hours to refuel.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during June 2013.
  • Egypt’s Energy Trap
    Guest Column

    Egypt’s Energy Trap

    Monday, 29th December 2014
    Egypt's energy sector is in profound disarray, at a time when the Egyptian economy would desperately need the proceeds from functioning energy production and trade. Declining reserves and falling production, coupled to surging domestic energy demand have since 2008 turned Egypt into a net importer of oil and oil products.
  • Uncertainty, Instability and Political Progress?
    In Focus

    Uncertainty, Instability and Political Progress?

    Monday, 29th December 2014
    Egypt's unrest will undoubtedly affect the country's oil and gas sector. The publicly supported military overthrow of former President Morsi left the country in a state of political uncertainty characterized by internal power struggles, civil unrest, and localized violence. The rapid deterioration of political stability in Egypt inevitably flows over into the country's oil and gas sector. Egypt Oil & Gas spoke to experts, analysts, and operators to assess the current and potential future impacts that Egypt's unrest may have on the oil and gas sector.
  • Shell and British Council Egypt Honor Intilaaqah Graduates
    Events

    Shell and British Council Egypt Honor Intilaaqah Graduates

    Monday, 29th December 2014
    For the seventh year in a row Shell Egypt and British Council Egypt honored the graduates of the 'Shell Intilaaqah Egypt' program. The seventh annual awards ceremony was held at the Intercontinental City Stars, El Saraya Ballroom.
  • Kuwait Energy Launches Partnership with Students from Suez Canal University
    Events

    Kuwait Energy Launches Partnership with Students from Suez Canal University

    Monday, 29th December 2014
    Kuwait Energy recently announced an educational partnership with the Society of Petroleum Engineers involving students from Suez Canal University. The partnership is part of Kuwait Energy's ongoing efforts to support community-based initiatives.
  • The Elusive IMF Loan
    Political Review

    The Elusive IMF Loan

    Monday, 29th December 2014
    Many investors, politicians, and Egyptian citizens are hoping for a speedy agreement concerning the proposed $4.8 billion IMF loan to Egypt. Investors and businessmen believe that the loan will provide the short term economic stability needed to shore up investment. The Egyptian government sorely needs the financing for cash-strapped sectors of the economy. Egyptian citizens, view the loan as a litmus test for the ability of the government to provide the minimum level of economic security for its citizens. Despite months of negotiations, the Egyptian government and the IMF appear no closer to reaching an agreement over the loan. Meanwhile, political turmoil threatens future progress, and the economic situation in the country continues to deteriorate. An increasingly weary IMF and constantly changing government are unlikely to arrive at an agreement over the loan anytime in the near future.
  • Comparative Subsidy Reform
    In Review

    Comparative Subsidy Reform

    Monday, 29th December 2014
    Egypt's difficulties in implementing subsidy reforms are not uncommon. Many countries have encountered challenges while implementing energy subsidy reform. According to the International Monetary Fund (IMF), reductions in energy subsidies have often led to widespread public protests and to either a complete or partial cancellation of price increases.
  • Khalda Gas Compression Project
    Projects

    Khalda Gas Compression Project

    Monday, 29th December 2014
    The Qasr Gas Compression Project (QGCP) is designed to improve recovery at the gas-condensate Qasr reservoir in the Western Desert. The reservoir is located approximately 525 km west of Cairo and is operated by Khalda Petroleum Company (KPC), a joint venture between Apache Corporation and Egyptian General Petroleum Company (EGPC). ENPPI is the original contractor for the project and Eng. Ayman Saleh is the KPC Project Manager.
  • Sipetrol’s East Ras Qattara Concession
    Field Trip

    Sipetrol’s East Ras Qattara Concession

    Monday, 29th December 2014
    This month Egypt Oil and Gas had the pleasure of visiting Sipetrol International's record-breaking East Ras Qattara (ERQ) concession. Egypt Oil and Gas met with Sipetrol's Eng. Sayed Rezk, General Manager of PetroShahd (Sipetrol's joint venture) to discuss the history and recent successes of the concession. Egypt Oil and Gas also met with Sipetrol's Mohamed Ismael, Senior Reservoir Engineer and Gamal Shanhory, Field Manager, in order to discuss the developmental aspects of the East Ras Qattara concession.
  • Egypt’s Impending Subsidy Crisis
    In Focus

    Egypt’s Impending Subsidy Crisis

    Monday, 29th December 2014
    Since the revolution, Egypt's economy has been in a state of deterioration evinced by an increasing deficit, dwindling foreign reserves, and rising inflation. Economic reform, specifically the proposed removal of energy subsidies, continues to be a contentious issue particularly when juxtaposed against current energy shortages and increasing domestic consumption. Many argue that the removal of subsidies would have catastrophic consequences for the poorer strata of Egyptian society but others are demanding reform claiming that Egypt can no longer afford the luxury of subsidization. Egypt Oil and Gas examines the issue of energy subsidies in order to assess current expenditures, attempts at reform, and the potential economic, political, and social costs of inaction.
  • Interview with John Evans, General Manager of Fugro
    Interview

    Interview with John Evans, General Manager of Fugro

    Monday, 29th December 2014
    While we have faced several challenges over the last two years, our business was not seriously damaged.We managed to continue to trade profitably. Fortunately, we have not had to make staff reductions or cut salaries, as some other companies have had to do.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during April 2013.
  • Prospects for Renewable Energy in Egypt
    In Focus

    Prospects for Renewable Energy in Egypt

    Monday, 29th December 2014
    The consequences of Egypt's insatiable appetite for energy is becoming more pronounced. Amidst broader economic instability and reduced production rates of oil and natural gas the energy deficit is manifesting in electrical shortages throughout Cairo, Alexandria, Luxor, and Aswan. Electricity consumption in Egypt peaks during the summer months, in part due to soaring temperatures and Ramadan1. In response to recent power cuts, the state-run, National Energy Control Center issued a statement apologizing for nationwide power cuts. According to the statement, the recent blackouts stem from ''fuel shortages that have made it difficult for allocated generators to keep up with mounting consumption.'' It went on to call for citizens to conserve energy by rationing their use of electricity..
  • Environmental Regulation: Foundations Set, What Next?
    In Review

    Environmental Regulation: Foundations Set, What Next?

    Monday, 29th December 2014
    When it comes to HSE, the 'E' or environment is often set aside and talked about as a separate entity. This separation is most likely due to the different challenges and concerns that come with environmental management.
  • The Challenges of Development: An Interview with Weatherford’s Country Manager Ahmed Abuzeid
    Interview

    The Challenges of Development: An Interview with Weatherford’s Country Manager Ahmed Abuzeid

    Monday, 29th December 2014
    Egypt Oil and Gas obtained an exclusive interview with Country General Manager of Weatherford, Ahmed Abuzeid to discuss Weatherford's expanding service portfolio and goals for 2013.
  • Egypt’s Draft NGO Law: Strengthening National Security or Threatening Civil Society?
    Political Review

    Egypt’s Draft NGO Law: Strengthening National Security or Threatening Civil Society?

    Monday, 29th December 2014
    In Egypt, civil society organizations (CSOs) and non-governmental organizations (NGOs) are regulated by the Law on Non-Governmental Organizations (Law 84:2002) and the Executive Statute of the Law on Non-Governmental Societies and Organizations (Decree 178:2002). According to the International Center for Not-for -Profit Law (ICNL), despite being some of the most restrictive NGO laws in the world, they remain more discretionary than restrictive in practice1. The full weight of the law is generally only enforced against organizations advocating and implementing social and political reform.
  • Stop Gap Measures
    Guest Column

    Stop Gap Measures

    Monday, 29th December 2014
    It should be obvious that an increasingly palpable sense of worry is creeping into the Egyptian energy market. Many observers feel that the existing mechanisms and policies are not sustainable let alone designed to facilitate growth and development.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during April 2013.
  • Egypts Natural Gas Dilemma: Prices, Investment, Liberalization, and Geopolitics
    In Focus

    Egypts Natural Gas Dilemma: Prices, Investment, Liberalization, and Geopolitics

    Monday, 29th December 2014
    Ranking an impressive twelfth among global exporters in 2009, Egypt initiated natural gas production in the 1980s with a mere 30 billion cubic feet of gas to accommodate domestic consumption. These figures increased steadily over the coming years to reach 518 billion cubic feet in 1999 and 867 billion cubic feet in 2001.
  • Between a Rock and a Hard Place: Egypt’s New Natural Gas Supply Policy
    Guest Column

    Between a Rock and a Hard Place: Egypt’s New Natural Gas Supply Policy

    Monday, 29th December 2014
    The decision by the Egyptian government to commit to the long-term domestic supply of natural gas while allowing immediate imports of LNG and the rapid adjustment of domestic prices to reflect the cost of supply to the industry, signals a potentially significant shift in Egypt's energy policy.
  • Egypt’s Might-Have-Been Parliament
    Political Review

    Egypt’s Might-Have-Been Parliament

    Monday, 29th December 2014
    Oil and gas are sovereign resources owned by the Egyptian people. Consequently any business agreements in this sector must be ratified by a parliament serving as the official representative of the Egyptian people. Unfortunately, Egypt's parliament was dissolved in June of 2012, and President Morsi's administration has thus far been unsuccessful in conducting elections that are considered legitimate by Egypt's courts, the opposition, and the broader public. Moreover, it is unlikely that the parliamentary crisis will be resolved in the near future. In the meantime, sectors like oil and gas will remain in a precarious state of suspension.
  • Methods of Natural Gas Transport
    In Review

    Methods of Natural Gas Transport

    Monday, 29th December 2014
    In recent years we have seen extraordinary technological developments in the production of natural gas, which has lead to a significant increase in supply and a sharp drop in prices. As natural gas prices have decreased by more than half in the past five years, production has moved in the opposite direction. In 2011 it totaled 3,276 billion cm, which is about a third more compared to ten years ago.
  • KPC 24” Abu Gharadig-Dahshour Pipeline Repair Project
    Projects

    KPC 24” Abu Gharadig-Dahshour Pipeline Repair Project

    Monday, 29th December 2014
    The Khalda Petroleum Company is undertaking the 24'' AG/ DAH Pipeline Repair Project. The project is under the supervision of the Project Managers Neil Clark and Engineer Mohamed Ismail, and was contracted by PETROJET.
  • SPE Hosts North Africa Technical Conference and Exhibition
    Events

    SPE Hosts North Africa Technical Conference and Exhibition

    Monday, 29th December 2014
    The North Africa Technical Conference and Exhibition (NATC) took place on April 15th-19th in Cairo. The Society of Petroleum Engineers (SPE) hosted the event with the help of sponsors such as Baker Hughes, Total, Schlumberger and Shell.
  • Enap Sipetrol Sponsors Orphans Day at Awlady Orphanage
    Events

    Enap Sipetrol Sponsors Orphans Day at Awlady Orphanage

    Monday, 29th December 2014
    Enap Sipetrol Egypt held their first ever Orphans Day at the Awlady (My Children) Orphanage in Degla, Maadi on April 9th.
  • Dow Chemical Works to Enhance STEM Education In Egypt
    Events

    Dow Chemical Works to Enhance STEM Education In Egypt

    Monday, 29th December 2014
    In order to foster a better understanding of worldwide industries and broaden the horizons of students in matters that relate to their fields of interest and studies, Dow Chemical arranged a visit for the Maadi STEM School for Girls on April 3rd. Dow is working to build an innovative and competitive workforce, and create a knowledgeable society that values science and technology through its support for STEM education and careers. As an attempt in innovation, Dow is supporting the Education Consortium for the Advancement of Stem in Egypt (ECASE) project with STEM schools to make a difference for students, educators and academic institutions.
  • Upstream Anxiety: A Commentary on the Current Challenges within the Upstream Business Sector of the Egyptian Oil and Natural Gas Industry
    Guest Column

    Upstream Anxiety: A Commentary on the Current Challenges within the Upstream Business Sector of the Egyptian Oil and Natural Gas Industry

    Monday, 29th December 2014
    The 2011 revolution transformed the Egyptian government and left a sense of vagueness in the upstream business sector in Egypt. Revisions of the current gas export agreements resulted in amendments to increase gas prices in order match the current international benchmarks.
  • Hesham Fouad, Chief Executive Officer, SAPESCO
    Interview

    Hesham Fouad, Chief Executive Officer, SAPESCO

    Monday, 29th December 2014
    For our issue devoted to the Egyptian service sector Egypt Oil and Gas obtained an exclusive interview with Hesham Fouad, Chief Executive Officer of Sahara Petroleum Services Company (SAPESCO). The exclusive interview highlights SAPESCO's role as a leading service provider and addresses various issues confronting the Egyptian energy sector.
  • Mohamed H. El Gohary, Chairman & Managing Director of International Drilling Material Manufacturing (IDM)
    Interview

    Mohamed H. El Gohary, Chairman & Managing Director of International Drilling Material Manufacturing (IDM)

    Monday, 29th December 2014
    IDM is a joint venture between Ganope, Petrojet and Enppi. Star Oil and Gas Limited and Petro Materials are also partners in the entity. IDM's mission is to utilize state of the art manufacturing technologies to produce, assemble, thread, maintain and repair casing and tubing threads. IDM services Qarun, Bapetco, Agiba, Petrobel, Khalda and Petrosilah. Egypt Oil and Gas Newspaper recently had the privilege of interviewing IDM Chairman and Managing Director Mohamed El Gohary.
  • Sino Tharwa Drilling Company
    Profile

    Sino Tharwa Drilling Company

    Monday, 29th December 2014
    Sino Tharwa Drilling Company is the second largest land-drilling contractor in Egypt. Recently the company initiated efforts to expand into the offshore industry as well. With extensive financial and logistical support from China and Egypt, SinoTharwa provides drilling and work-over rigs to the oil and gas industry in Egypt. SinoTharwa has maintained a strong presence in Egypt since its inception eight years ago. The company benefited greatly from solid support of both Chinese and Egyptian backers as well as a motivated and well-experienced management team.
  • Power Generation Project at East Baharia
    Projects

    Power Generation Project at East Baharia

    Monday, 29th December 2014
    Qarun Petroleum Company has obtained approval from Apache Corporation for the construction of a new dual fuel power station in East Baharia. East Baharia is one of the key production areas for Qarun with a production rate of 10,000 BPD. This project was initiated to allow Qarun to gain more achievement in oil production while at the same time minimizing the oil to barrel production cost.
  • Al Amal Program completes its 5th round successfully
    Events

    Al Amal Program completes its 5th round successfully

    Monday, 29th December 2014
    The Al Amal Program was initiated in 2007 and developed by a team of experts from diverse oil and gas companies, universities and other Egyptian corporations. It is organized by the Egyptian Geophysical Society (EGS) and EPEX. The project was designed to fill any gap between industry and academia to help top graduates find their way to the market. The program also aims to help petroleum companies select the qualified and high caliber candidates for future positions in the Egyptian oil and natural gas sector.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during March 2013.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during January 2013.
  • Black Market Manipulation: Egypt’s Diesel Dilemma
    In Focus

    Black Market Manipulation: Egypt’s Diesel Dilemma

    Monday, 29th December 2014
    Daily ques for petrol products are no longer surprising, they have become the norm as Egypt is increasingly forced to navigate the black market to obtain energy essentials for daily life.
  • Egypt Two Years Later
    Political Review

    Egypt Two Years Later

    Monday, 29th December 2014
    On the second anniversary of the 2011 revolution, Egypt appears to be experiencing a bit of deja vu. Videos of a protestor stripped and beaten, a state of emergency declared by the president, and protestors chanting, ''the people want to bring down the regime'' are obviously similar to events that occurred two years ago. While Morsi's name has replaced Mubarak's within protestor's chants to take down the president, it is unclear if the masses have the stamina for another revolution. Many, disillusioned by bickering politicians and the broken promises of the Muslim Brotherhood, have lost their optimism.
  • Subsidies, Rationality, and Revolution: An Alternative Perspective
    Opinion

    Subsidies, Rationality, and Revolution: An Alternative Perspective

    Monday, 29th December 2014
    Economists and businessmen are generally expected to exhibit a blind faith in the virtues of individual self-interest and the absence of government intervention. However, such faith also often blinds policy makers and other free market advocates to the reality that there often exist very reasoned, politically necessary, and more foresighted economic justifications for petroleum subsidization or at least an exceptionally long period of time over which these subsidies might be reduced. Egypt's economic and political history since 2005, and the experience of the global food crisis in 2007/2008, efficiently serve as the background for such an argument and yield a policy prescription that focuses rightly upon proper timing as an element of any future action in the sphere of subsidies.
  • Interview with Haytham Ataya Chief Operating Officer of Vega Petroleum Limited
    Interview

    Interview with Haytham Ataya Chief Operating Officer of Vega Petroleum Limited

    Monday, 29th December 2014
    Vega, established in 2011, is a privately owned exploration and production company. Our founders, Mr. Juma Saif Rashid Bin Bakhit and Mr. Kamal Ataya, collectively bring more than 35 years of experience within the industry
  • PhPC East Nile Delta Phase 3
    Projects

    PhPC East Nile Delta Phase 3

    Monday, 29th December 2014
    This work plan describes the governance agreement, contract strategy and organizational staffing plan for the appraisal phase of the East Nile Delta Phase 3 project team.Pharonic Petroleum Company (PhPC) has identified several wells and associated facilities for utilization over a three-year period. A single task force will administratively coordinate the project in order to achieve optimum efficiency and coalescence amongst project team members and independent contractors. The unified administrative team will also produce scheduling and capex benefits.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during February 2013.
  • Inconvenient Tenders… Implications for Service Companies
    In Review

    Inconvenient Tenders… Implications for Service Companies

    Monday, 29th December 2014
    In the Egyptian petroleum sector the system of competitive tendering does little to promote transparency and fair competition among service companies. In a price-driven market, the emphasis is placed on the cheapest option. But at what cost? Egypt Oil and Gas explores the tendering process currently utilized in the Egyptian oil and gas sector in an effort to examine the long-term consequences of ''cheapest is best.''
  • Egypt-Israel Gas Deal: Behind Closed Doors
    Political Review

    Egypt-Israel Gas Deal: Behind Closed Doors

    Monday, 29th December 2014
    On March 25 the Cassation Court accepted an appeal for the retrial of former Minister of Petroleum Sameh Fahmy. The ex-official was charged with the wasteful use of public funds by allegedly facilitating the sale of Egyptian natural gas to Israel at a significantly below market prices. For his role in the deal, Fahmy was accused of corruption, negligence and the subversion of public interest.
  • Debt, Fuel, Water, and Social Stability
    In Focus

    Debt, Fuel, Water, and Social Stability

    Monday, 29th December 2014
    The Egyptian oil and gas sector, while crucial to the country's economy, is presently playing a dangerous financial and political game that is simultaneously generating substantial obstacles to future macroeconomic growth and development. Over the last year, evidence of this game is to be found in the media's wide reporting of the high debt levels owed by the Egyptian government to various oil and gas production companies.
  • Political Perplexity and Egypt’s Oil and Gas Sector
    Political Review

    Political Perplexity and Egypt’s Oil and Gas Sector

    Monday, 29th December 2014
    An atmosphere of political perplexity has deepened in Egypt since the vote on constitution referendum, with many Egyptians rushing to take out cash from banks and hoarding hard currency savings at home. Egypt’s Oil and Gas sector is not immune from the latest controversial political developments. Investors and local companies operating in the field are waiting to see if the transitional period will end any soon.
  • PhPC – WHX Project
    Projects

    PhPC – WHX Project

    Monday, 29th December 2014
    Pharonic Petroleum Company (PhPC) is a joint venture company established in Egypt between EGPC, BP and IEOC. PhPC currently operates three natural gas production fields located offshore the Egyptian sector of the Mediterranean Sea. The fields were coined as the Ha'py, Akhen and Taurt fields.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during December 2012.
  • Cautious Optimism: Honoring Oil and Gas Agreements in Egypt
    Round Table

    Cautious Optimism: Honoring Oil and Gas Agreements in Egypt

    Monday, 29th December 2014
    Egypt Oil and Gas Newspaper hosted our Second Annual Roundtable Discussion on January 16th, 2013 at the Katameya Heights Clubhouse. The event brought together oil executives and ministry officials in order to provide a forum to debate problems and issues within the Egyptian energy sector.
  • WHY IS EGYPT IMPORTING NATURAL GAS?
    In Review

    WHY IS EGYPT IMPORTING NATURAL GAS?

    Monday, 29th December 2014
    For the past several years Egypt has been trying to boost its natural gas production. Despite having significant natural gas reserves and promising new discoveries Egypt has not been fast or efficient enough to keep up with growing domestic demand.
  • Egyptian Concession agreement Model From a Legal Perspective
    Expert Opinion

    Egyptian Concession agreement Model From a Legal Perspective

    Monday, 29th December 2014
    The following is a comprehensive, yet not exhaustive, analysis concerning the current concession agreement model utilized within the Egyptian oil and natural gas sectors. The model is primarily utilized for petroleum exploration and exploitation. Given that I have gained extensive legal insight working with these types of agreements, I respectively offer this analysis in an effort to examine the current model and constructively examine problems within the current agreements.
  • Fugro Subsea Engineering presents a successful local model for a global service
    Technology

    Fugro Subsea Engineering presents a successful local model for a global service

    Monday, 29th December 2014
    Subsea Engineering & Intervention Tooling is one of the most crucial subsea activities to enable constant hydrocarbons flow offshore.
  • Tactical Technology in action
    Technology

    Tactical Technology in action

    Monday, 29th December 2014
    GC-TRACER advanced gas detection saves client $500,000 by identifying pay zones and enabling more informed decisions to be made about their potential while drilling an exploration well through limestone. Speed and accuracy of the detector were major factors.
  • EGPC Has a Successful 2011 Bid Round
    Bid Round

    EGPC Has a Successful 2011 Bid Round

    Monday, 29th December 2014
    In the midst of political turmoil and economic instability the Egyptian General Petroleum Corporation has successfully completed their first post-revolution bid round. Surprisingly, it was one of their most successful bid rounds in the last decade. Eleven out of fifteen offered blocks were rewarded by EGCP to nine different companies.
  • Proserv. Egypt Group
    Technology

    Proserv. Egypt Group

    Monday, 29th December 2014
    Proserv group became a leading petroleum service company in the whole Middle East region; it provides a wide pack of services at a very high level of professionalism.
  • Fugro SAE delivering exports for Egypt with international expansion
    Technology

    Fugro SAE delivering exports for Egypt with international expansion

    Monday, 29th December 2014
    Fugro SAE has showed once again that it is possible to develop expertise in Egypt for use in regional and international markets, translating local market leadership into word class survey services performed with dedication and integrity.
  • Kuwait Energy board meets in Egypt
    Events

    Kuwait Energy board meets in Egypt

    Monday, 29th December 2014
    Kuwait Energy's board members met in Egypt in October to visit their sites and discuss further investments in the region. Kuwait Energy's board hosted a dinner at Marriot Zamalek, to highlight the accomplishments and future forecasts of the Company, and took the opportunity to network with industry professionals in Egypt. Kuwait Energy's Executive Chairman Dr. Manssour Aboukhamseen, Ms. Sara Akbar - the Chief Executive Officer, Mr. Mohammad Alhowqal - Chief of Operations and Mr. Harry Saul - President, Kuwait Energy Egypt, were among the Company's team that welcomed many renowned figures from Egypt's energy sector to the event, headed by Egyptian Oil Minister Mr. Osama Kamal.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during November 2012.
  • An Examination of International Petroleum Contracts
    In Focus

    An Examination of International Petroleum Contracts

    Monday, 29th December 2014
    As the national dialogue shifts towards the future of the Morsi administration post constitutional referendum, a dialogue of another sort is currently under way and it is one of equal complexity and significance to Egypt's socioeconomic landscape.
  • An Interview with Abdullah Ghorab ”A Complicated Agreement: A Discussion of Transparency, Subsidies and the Power of Pricing”
    Interview

    An Interview with Abdullah Ghorab ”A Complicated Agreement: A Discussion of Transparency, Subsidies and the Power of Pricing”

    Monday, 29th December 2014
    At a pivotal juncture in Egypt's political and socioeconomic landscape Egypt Oil and Gas Newspaper obtained an exclusive interview with Abdullah Ghorab, former Minister of Petroleum to discuss the current and ongoing revision of international petroleum contacts or agreements.
  • A Brief Interview with John Evans, General Manager of Fugro
    Interview

    A Brief Interview with John Evans, General Manager of Fugro

    Monday, 29th December 2014
    Fugro SAE was established in 2004 as a subsidiary of Fugro Corporate. Fugro's specializes in the acquisition and synthesis of data. Their activities fall under the broad headings of geotechnical, survey and geosciences divisions. Fugro utilizes sophisticated technology and expertise to survey land, costal lines, and offshore as well as deep-water environments. Supplementary to surveying, data collection and analysis, Fugro also provides a variety of other services that facilitate infrastructural development and maintenance to ensure smooth transition amongst project phases of exploration, extraction, development and production. In this vein Fugro offers a wide variety of services to the oil and gas sector, the construction sector as well as the mining industry.
  • Toyo and ENPPI, Ethylene Plant in Ethydco Complex
    Projects

    Toyo and ENPPI, Ethylene Plant in Ethydco Complex

    Monday, 29th December 2014
    Toyo Engineering Corporation (TOYO, President and CEO Yutaka Yamada) and ENPPI, an engineering company under the Egyptian Ministry of Petroleum, have been jointly awarded a contract to build a 460,000 T/Y ethylene plant and a 20,000 T/Y butadiene extraction plant as part of Ethydco's petrochemical complex to be established in Alexandria, the Arab Republic of Egypt, and owned by ETHYDCO (The Egyptian Ethylene and Derivatives Company), a newly established company under the investment law no. 8/1997 of Egypt. This will be TOYO's second ethylene plant in Egypt after 300,000 T/Y ethylene plant completed in 2001 for Sidi Kerir Petrochemicals Co. (SIDPEC).
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during October 2012.
  • Governmental Economic Plan and Demands on Combustible
    Political Review

    Governmental Economic Plan and Demands on Combustible

    Monday, 29th December 2014
    Following the recent announcement to the press delivered by the Egyptian Prime Minister Hisham Qandil, revealing the country's 10-year economic plan, the country's economy is foreseen to exhibit an annual growth between 3.5 and 4 percent in the 2012-13 fiscal years, followed by a one percent increase on the following fiscal year.
  • Quitting the ”cheaper is better” motto
    In Focus

    Quitting the ”cheaper is better” motto

    Monday, 29th December 2014
    The most prominent obstacles and challenges facing the petroleum services companies in Egypt
  • Connecting chemistry with innovation
    Interview

    Connecting chemistry with innovation

    Monday, 29th December 2014
    Antoine Samaha, Dow's Regional Commercial Director shares with EOG the company's achievements, challenges and future plans
  • Providing world-class technical services
    Interview

    Providing world-class technical services

    Monday, 29th December 2014
    GL Noble Denton offers a unique mix of local oil and gas industry knowledge supported by a global network of technical experts
  • Liquid Production: A look at the past present and future of Egypt’s liquid reserves
    In Review

    Liquid Production: A look at the past present and future of Egypt’s liquid reserves

    Monday, 29th December 2014
    The 1970s was a period of transition for the Egyptian petroleum sector. The Petroleum Policy of 1973 mandated production-sharing contracts, which along with increased oil prices, attracted foreign investors. Exploration agreements for concessions in the Western Desert and Nile Delta regions were signed, yet exploratory activity during this time yielded few results.
  • DEKA Development Project
    Projects

    DEKA Development Project

    Monday, 29th December 2014
    Towards maximizing the usage of our existing resources and increasing the Gas production to fulfill the growing domestic needs, a new development project has been launched recently by Petrobel. The project is targeting the development of both the Denise and Karawan fields in Temsah Concession located at offshore Egypt in order to add a Natural Gas production of about 210 MMScfd, with an estimated cost of $ 470 MM.
  • Fugro Granted SAM Runner up HSE Award
    Advertorial

    Fugro Granted SAM Runner up HSE Award

    Monday, 29th December 2014
    Fugro SAE has been awarded the Golden SAM Runner up HSE Award for Year 2012. The Golden SAM (Safety Always Matters) is awarded annually to the Fugro company that has shown high quality submissions, commitment to safety and has achieved a consistent outstanding safety performance among all Fugro companies worldwide. A total of 21 applications from 7 business lines were taken into consideration by the HSE Team and the Executive Committee, judged against a number of hard and soft criteria. The effort put into the applications and supporting evidence again resulted in quality submissions and significant progress in improving performance in the field of HSE.
  • The ECHEM/Petroleum Economist Egypt Petrochemicals Conference, Petrochemicals in the New Egypt
    Events

    The ECHEM/Petroleum Economist Egypt Petrochemicals Conference, Petrochemicals in the New Egypt

    Monday, 29th December 2014
    On the 26th and the 27th of September, the Egyptian Holding Company for Petrochemicals (ECHEM) and Petroleum Economist organized the Egypt Petrochemicals Conference in the JW Marriott hotel in Cairo. The conference revolved around the theme of Petrochemicals in the New Egypt, aiming to discuss the prospects, opportunities, and challenges facing the growing petrochemicals sector in Egypt. Several high-profile figures and executives attended the conference in order to partake in the discussion regarding the development of Egypt's petrochemicals industry, most prominent among them Prime Minister Dr. Hisham Qandil and Minister of Petroleum and Mineral Resources Eng. Osama Kamal.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during September 2012.
  • Intangible Credit
    In Focus

    Intangible Credit

    Monday, 29th December 2014
    The ministry of petroleum is relying on its long-standing relationships with investors based on a history of mutual success, but this will not be enough to provide reassurances for current and future investments if the industry's finances remain unbalanced.
  • EGAS Refutes False Reports
    Political Review

    EGAS Refutes False Reports

    Monday, 29th December 2014
    Several false reports have been circulating in the Egyptian and Arab-speaking media, suggesting that Israel and Cyprus had taken over three Egyptian natural gas fields in the Mediterranean Sea. The dilemma was instigated by Egyptian geologists Khaled Ouda and Engineer Khalid Al-Shafei, who claimed that Israel took the opportunity of the Egyptian official ineptness and commenced drilling operations within Egyptian territorial waters as early as April 2012.
  • Bottomless Potential: Venturing into the Depths of the Mediterranean
    Interview

    Bottomless Potential: Venturing into the Depths of the Mediterranean

    Monday, 29th December 2014
    Egypt Oil & Gas speaks with Mohamed Shoeib before leaving his post as EGAS Chairman about the Mediterranean's gas wealth, the challenges and opportunities facing the company, and the future of natural gas in Egypt.
  • The Egyptian Natural Gas, New Legal Challenges over the East Mediterranean Gas
    In Review

    The Egyptian Natural Gas, New Legal Challenges over the East Mediterranean Gas

    Monday, 29th December 2014
    No one can deny that natural gas plays a vital role in all aspects of our life today. This proved apparent especially after the great industrial developments witnessed by the international sector that based solely on non-renewable energy, as a means to satisfying their intensive industrial needs. Although most developed countries exert thier best efforts to find alternatives ways instead of traditional means, they failed to get rid of oil and gas as a main source of Energy. Consequently all countries are aiming at achieving progressive steps to explore petroleum resources throughout its national or foreign petroleum companies. The war today indeed has become a war over oil and gas.
  • The Future of Natural Gas in the Mediterranean
    In Focus

    The Future of Natural Gas in the Mediterranean

    Monday, 29th December 2014
    Experts confirm that Egypt possesses 223 trillion cubic feet of natural gas in the Mediterranean; more investments needed to acquire them.
  • The New Minister of Petroleum: Has the Sector Found Its Saviour?
    In Focus

    The New Minister of Petroleum: Has the Sector Found Its Saviour?

    Monday, 29th December 2014
    The appointment of Eng. Osama Kamal to the post of Minister of Petroleum and Mineral Resources proved to be a surprise to many, prompting varied predictions and expectations. Egypt Oil & Gas weighs in on the new man in charge and his prospects for success.
  • Subsidies Readjustment: Paving a Path to the Poor
    Political Review

    Subsidies Readjustment: Paving a Path to the Poor

    Monday, 29th December 2014
    The subsidies dilemma is witnessing more and more relevance as the situation becomes unsustainable and the national economy buckles under the strain. The new minister of petroleum will have his hands full attempting to balance economic wisdom and public need.
  • The Commodity Dictates the Trade
    In Review

    The Commodity Dictates the Trade

    Monday, 29th December 2014
    In the twentieth century, we used to characterize the different markets according to the supply-demand balance and whether it is favoring the sellers or the buyers in any trade regardless of the commodity being traded.
  • CO2 Miscible Flooding Application To Egyptian Western Desert Oil Fields
    Technology

    CO2 Miscible Flooding Application To Egyptian Western Desert Oil Fields

    Monday, 29th December 2014
    CO2 miscible flooding has become an important method in Enhanced Oil Recovery (EOR) for recovering residual bypassed oil, and in addition it may help in protection of the environment as CO2 is widely viewed as an important agent in global warming.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during August 2012.
  • Cheques and Balances
    In Focus

    Cheques and Balances

    Monday, 29th December 2014
    The government must organize its own internal dealings financially and work for more efficiency if the petroleum sector is to balance its checkbooks.
  • Strikes Continue to Hit Egypt’s Petroleum Companies
    Political Review

    Strikes Continue to Hit Egypt’s Petroleum Companies

    Monday, 29th December 2014
    Ever since the eruption of the revolution of the 25th of January, protests and strikes have been the most effective mechanism for Egyptians to publicly display frustrations and grievances born of the deteriorating living and working conditions. The petroleum sector has been no stranger to these incidents, which dent productivity.
  • Trust and Optimism
    Interview

    Trust and Optimism

    Monday, 29th December 2014
    Asked to describe Dana Gas Egypt's performance during the last 12 years, company Chairman Dr. Hany EL Sharkawy summed it up in one word: Phenomenal. Dr. El Sharkawy sat down with Egypt Oil & Gas to discuss the past, present, and future of both the company and the Egyptian petroleum sector, particularly in light of the revolution and its aftermath.
  • ZoneSelect Fracturing System
    Technology

    ZoneSelect Fracturing System

    Monday, 29th December 2014
    Fracturing System Isolates and Fractures Long-Reach Horizontal Well, Maximizing Reservoir Access.
  • Staying Above the Fray: Why the new minister must sidestep the political power plays
    Political Review

    Staying Above the Fray: Why the new minister must sidestep the political power plays

    Monday, 29th December 2014
    The dominant theme in Egyptian politics has become the political struggle between the Muslim Brotherhood and the Supreme Council of the Armed Forces, and all other factions have either rallied under one of the two banners or faded vaguely into the background. It is the job of the new minister of petroleum to keep these circumstances as irrelevant as possible to the sector.
  • ProServ Egypt: Interview with Mr. Ahmed Hashem, Managing Director
    Interview

    ProServ Egypt: Interview with Mr. Ahmed Hashem, Managing Director

    Monday, 29th December 2014
    ProServ has been providing a wide range of quality services in the Egyptian petroleum sector for 6 years. Mr Ahmed Hashem, Managing Director of ProServ, discusses the company's activities and the reasons behind the success it has managed to achieve thus far.
  • Mobil SHC 600 & Mobil SHC Gear Product Launch
    Events

    Mobil SHC 600 & Mobil SHC Gear Product Launch

    Monday, 29th December 2014
    On the 6th of June, Exxon Mobil Egypt celebrated the launch of Mobil SHC 600 oil series and Mobil SHC Gear in the Four Seasons Nile Plaza hotel. The new products were introduced in Egypt by Exxon Mobil in order to meet the evolving requirements of the industrial sector.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during June 2012.
  • Between the Transitional Ministry and the Ministry of the Revolution
    In Focus

    Between the Transitional Ministry and the Ministry of the Revolution

    Monday, 29th December 2014
    Debts, dues, subsidies, fuel shortages and wage regulation present themselves as some of the most prominent and pressing issues facing the incoming minister of petroleum, as industry experts assure that these problems can be rectified in the space of a year and a half.
  • Petroleum in the Age of the Islamists
    Political Review

    Petroleum in the Age of the Islamists

    Monday, 29th December 2014
    Following President Morsy's first presidential trip to the oil-rich kingdom of Saudi Arabia, many are wondering if Egypt's ships will soon be sailing safer after veering for a long period into unchartered and dangerous waters. Both economic and political instability have strongly influenced the many sectors in the country. Placing the challenging and complex oil and gas sector under the spotlight reveals many questions as to how far Morsy's four-year presidency can affect the sector and what challenges the return of the legally dissolved parliament could possibly present to Egypt's oil and gas companies.
  • Proserv Maritime & Engineering Services S.A.E. Co. (PME) – One of Proserv. Egypt’s Group Companies
    Advertorial

    Proserv Maritime & Engineering Services S.A.E. Co. (PME) – One of Proserv. Egypt’s Group Companies

    Monday, 29th December 2014
    PME - Is a shareholding company, registered and government licensed in Alexandria & Egypt, with the authority to conduct all kinds of Inspection & Quality services within Egypt. PME offers and carries out highly professional surveys and inspection services to different clients worldwide through its network partners around the world.
  • Weatherford Artificial Lift Technology Seminar
    Events

    Weatherford Artificial Lift Technology Seminar

    Monday, 29th December 2014
    On the 17th of July 2012, Weatherford organized a seminar at the Dusit Thani hotel in order to exhibit the services and technologies it offers to clients. Representatives from the majority of Egypt's biggest oil and gas players were present, as Weatherford's subject matter experts used the opportunity to explain the advantages such technologies provide as well as to engage customers about their own production challenges.
  • Passive Seismic Survey and Applications
    Technology

    Passive Seismic Survey and Applications

    Monday, 29th December 2014
    Low Frequency Passive Seismic survey, also called Infrasonic Passive Differential Spectroscopy (IPDS), is a unique technology for hydrocarbon reservoir detection and monitoring from the surface. The technique is based on the principles of non-linear behaviour of multiphase fluid systems in porous reservoirs. It is well-known that the relative compressibility of Hydrocarbon fluids (gas & oil) is higher than water.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during July 2012.
  • Proserv Egypt Group
    Corporate Perspective

    Proserv Egypt Group

    Monday, 29th December 2014
    Proserv group became a leading petroleum service company in the whole Middle East region; it provides a wide pack of services at a very high level of professionalism.
  • Mapping Sensitive Habitats and Environmental Conditions in the Mediterranean
    Corporate Perspective

    Mapping Sensitive Habitats and Environmental Conditions in the Mediterranean

    Monday, 29th December 2014
    Offshore oil and gas projects in the Mediterranean are subject to an increasing level of regulation that stipulates Environmental Baseline Surveys (EBS) and Environmental Impact Assessment (EIA) must be carried out prior to any works in the marine environment. Fugro's wide range of offshore survey capabilities include capacity to undertake a variety of environmental surveys for the purposes of satisfying the aforementioned regulatory requirements, resource allocation and informing sound management of Marine Protected Areas (MPAs).
  • Microflux Control System Opens a Conventionally Inaccessible Offshore Drilling Operation in Egypt, Enhances Safety
    Technology

    Microflux Control System Opens a Conventionally Inaccessible Offshore Drilling Operation in Egypt, Enhances Safety

    Monday, 29th December 2014
    Microflux control system delivers a system that eliminates the narrow-margin drilling problems such as lost circulation, pressure ramps, and a narrow drilling window of 0.2 lb/gal with variable mud weights and formation pressure uncertainty. It also provides a more precise method to predict and control the annular pressure profile while detecting and controlling loss and gain influxes. Last but not least, it enhances overall operational safety by gaining control of downhole events.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during May 2012.
  • Hopes: The Sector Awaits its New Leader
    In Focus

    Hopes: The Sector Awaits its New Leader

    Monday, 29th December 2014
    With an incipient new ministerial cabinet, the petroleum sector awaits a new leader, and purview to every individual in the industry is the multitude of stumbling blocks hampering the efficient functionality of the Egyptian petroleum sector. Indeed this sector is one of the few organs of the economy that have persevered during the previous 16 months; it too suffers substantially dysfunctional bureaucracy.
  • EGAS 2012 Bid Round: Bold Modifications to Lure Bold Investments
    Interview

    EGAS 2012 Bid Round: Bold Modifications to Lure Bold Investments

    Monday, 29th December 2014
    Geologist Mostafa El-Bahr, EGAS Vice Chairman for Exploration and Agreements talks to Egypt Oil & Gas about the new Bid Round and Future of Mediterranean E&P.
  • In the World of CSR, Can Mickey’s Smile Steal the Spotlight from the Oil & Gas Industry?
    Corporate Perspective

    In the World of CSR, Can Mickey’s Smile Steal the Spotlight from the Oil & Gas Industry?

    Monday, 29th December 2014
    In their issue devoted to the world's most admired companies, Fortune Magazine includes a section listing their top 10 most socially responsible companies. The list actually features 11 companies, since there is a tie at both the eighth and tenth spots.
  • DwC Technology
    Technology

    DwC Technology

    Monday, 29th December 2014
    Defyer Bits, OverDrive System with TorkDrive Tool Set Casing at Planned Depth in one trip, Mitigate Losses
  • Agiba Gas Generation Plant in Raml Field
    Projects

    Agiba Gas Generation Plant in Raml Field

    Monday, 29th December 2014
    Agiba has succeeded in completing a 2.4 MW gas power generation plant project in the Raml field. The project was undertaken with the aim of simultaneously boosting cost-effectiveness of power generation and efficiency of power generation.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during March 2012.
  • Smoke and Mirrors: The Cloaked Reality of Halting Gas Exports to Israel
    Political Review

    Smoke and Mirrors: The Cloaked Reality of Halting Gas Exports to Israel

    Monday, 29th December 2014
    Egypt's sudden decision to cease exportation of natural gas to Israel owing to an alleged financial dispute is almost certainly politically motivated. While it may seem to be a simple populist push on the surface, the move and the intricacy with which it was executed betray more intricate political considerations. Evidence points to an expertly calculated political maneuver carried out under the cover of a controversial and ripple-inducing shock headline.
  • Visiting Suez Oil Company
    Field Trip

    Visiting Suez Oil Company

    Monday, 29th December 2014
    In keeping with our policy of always aspiring to bring the sector's most pressing issues to the surface and report the news from the ground, Egypt Oil & Gas was invited by Eng. Nabil Ali Zaki, Chairman of Suez Oil Company's (SUCO,) to visit two of the company's development concessions, namely Zeit Bay and Ras Budran, which are located in the Eastern Desert and the Sinai Peninsula respectively.
  • Coping with the Zeitgeist… Seeking Solutions for Tomorrow’s Inevitable Complications
    In Focus

    Coping with the Zeitgeist… Seeking Solutions for Tomorrow’s Inevitable Complications

    Monday, 29th December 2014
    Over the past decade, the development of Egypt's hydrocarbon resources has seen a significant quantitative rise. Investors lay their aggressive exploration and development strategies, and through intensified campaigns, they strive to achieve their desired targets. However, hydrocarbons are and will always be a non-renewable source of energy, which means the diminution of its resources, is inevitable. Egypt's extant conventional petroleum resources are on the verge of depletion, and experts estimate another five to six years before Egypt's finds itself at a juncture that necessitates the implementation of radical changes to the current regulatory framework to be able to resume upstream activities.
  • SandAid Sand Conglomeration: Higher sand-free flow rates, Reduced water production
    Technology

    SandAid Sand Conglomeration: Higher sand-free flow rates, Reduced water production

    Monday, 29th December 2014
    On the 12th of April 2012, EGAS hosted a seminar introducing Weatherford's latest SandAid Sand Conglomeration Technology. Presenting the technology was Rami Hamad, Weatherford's MENA Region Business Unit Manager. The seminar attracted the attendance of several petroleum companies such as PHPC, Wastani, Melrose, Rashpetco, Bapetco, Dapetco and Khalda Petroleum.
  • Opportunities for Oil & Gas Service Companies in Africa -2012 and Beyond
    Corporate Perspective

    Opportunities for Oil & Gas Service Companies in Africa -2012 and Beyond

    Monday, 29th December 2014
    Libya is focusing to reach the oil and gas production of pre-revolution levels soon. Ghana Authorities are building the needed infrastructure for their Oil & Gas new finds.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during April 2012.
  • Tragedy and Hope: Egypt’s Petroleum Sector in Light of the Economic Programs of Presidential Hopefuls
    Political Review

    Tragedy and Hope: Egypt’s Petroleum Sector in Light of the Economic Programs of Presidential Hopefuls

    Monday, 29th December 2014
    As the political fog clears and the future of Egypt's power structure narrows down to a handful of possibilities, the fate of the country's petroleum sector can be speculated upon in more precise, more firmly grounded terms. The implications of the electoral process on the sector and on the economy reach beyond the simple fact that the identity of Egypt's new president will be determined. The conclusion of the process itself is expected to beckon relative stability born of increased certainty, even as the powers to be designated to the new president remain unknown.
  • The Mediterranean: A Treasure Trove of Natural Gas for Egypt
    Interview

    The Mediterranean: A Treasure Trove of Natural Gas for Egypt

    Monday, 29th December 2014
    The Suez Oil Company (SUCO) is regarded as one of the major players in the Egyptian petroleum sector when it comes to both oil and natural gas. A joint-venture company between the Egyptian General Petroleum Company (EGPC) and German giant RWE DEA, SUCO has been a key petroleum operator in Egypt. Through its development strategies and emphasis on Quality, Health, Safety and Environment (QHSE), SUCO has cleverly placed itself among the most environment-friendly operators in the country.
  • 3D SEISMIC ACQUISTION OVER ABU QIR GAS FIELD
    Technology

    3D SEISMIC ACQUISTION OVER ABU QIR GAS FIELD

    Monday, 29th December 2014
    Fugro-Geoteam AS, one of the industry leaders in marine seismic acquisition was contracted by Edison International SpA to acquire what would turn out to be a very challenging 3D multi-azimuth seismic survey of the Mediterranean coast of Egypt in the North Abu Qir licence offshore Egypt. The North Abu Qir Concession is located 20km north of the Abu Qir gas field, which is 42 km north east of Alexandria. The survey area was approximately 350 sq. km and to be acquired with 3 azimuths of headings 000, 060 and 300 totalling approximately 1000 sq. km of acquired data.
  • GANOPE-NJSC Naftogaz Exploration Agreement Reinforces Minister’s Vision
    Agreements

    GANOPE-NJSC Naftogaz Exploration Agreement Reinforces Minister’s Vision

    Monday, 29th December 2014
    Under the stewardship of Petroleum Minister Eng. Abdullah Ghorab, the Egyptian petroleum industry has witnessed a rising number of agreements between the Egyptian government and foreign companies. Greater focus has been placed on encouraging foreign investment in exploration and development operations in order to build up Egypt’s reserves of oil and natural gas and thus meet burgeoning domestic needs, in addition to exporting surplus resources with the purpose of funding economic development.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during February 2012.
  • Standing On The Shoulders Of Giants
    Round Table

    Standing On The Shoulders Of Giants

    Monday, 29th December 2014
    The Egyptian petroleum industry's top-level executives convene to ponder the future of the sector's contractual agreements amid the vehement changing winds of the country's political makeup
  • A Roadmap to the Renaissance of Petroleum Agreements
    In Focus

    A Roadmap to the Renaissance of Petroleum Agreements

    Monday, 29th December 2014
    In times of political instability, such as those currently rocking Egypt, solid ground is needed in order to weather the storm. One of the few remaining patches of solid ground in the Egyptian economy is the country's petroleum sector, which has fared far better than other sectors in dealing with last year's tumultuous events. Therefore, taking advantage of the sector's relative stability could be instrumental in alleviating some of the pressure straining Egypt's ailing economy. In order for the sector to fulfill this role, further development of its various aspects is necessary.
  • Unitization Under the Egyptian Petroleum Exploration and Exploitation Agreements
    In Review

    Unitization Under the Egyptian Petroleum Exploration and Exploitation Agreements

    Monday, 29th December 2014
    Does the Egyptian petroleum exploration and exploitation agreements contain any provision governing the cases of unitization?
  • Walking the Fault Lines: Avoiding Conflict through Forced Cooperation
    Political Review

    Walking the Fault Lines: Avoiding Conflict through Forced Cooperation

    Monday, 29th December 2014
    International conflicts waged due to territorial disputes often veil a scramble for hydrocarbon resources. In many cases, the problem lies in the overlapping of resource reservoirs with interstate borders, triggering bouts of competitive exploitation and/or confrontation between states. Cooperation in resource development, in the form of Unitization or Joint Petroleum Development, can potentially minimize the probability of conflict if properly integrated into the international legal order.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during December 2011.
  • New Dawn or Nightfall: The rise of political Islam and its effects on the petroleum sector
    Political Review

    New Dawn or Nightfall: The rise of political Islam and its effects on the petroleum sector

    Monday, 29th December 2014
    In its modern history, Egypt has never been subject to Islamist political domination, and the upcoming experiment is already the source of anxiety for many with a stake in the country's economic future. The oil and gas sector, like all others, stands to be affected by any significant changes in policy, but while changes are expected, a drastic and potentially disastrous overhaul of the economy is not going to be realized anytime soon. The industry can adapt to whomever ends up running the country. What it will struggle with is the continuation of the status quo in which no one truly does.
  • Experts Ponder the Minister’s Plan: Guiding the Reformation of the EGPC
    In Focus

    Experts Ponder the Minister’s Plan: Guiding the Reformation of the EGPC

    Monday, 29th December 2014
    In our interview of last month with Petroleum Minister Eng. Abdullah Ghorab, he stressed the importance of overhauling the Egyptian General Petroleum Company (EGPC), consolidating the regulation of the entire upstream sector once again under its ceiling as well as calibrating the company's administrative structure. The gravity of the minister's plan has prompted a wide range of responses from various experts in the petroleum field. Therefore, it behooved Egypt Oil & Gas Newspaper to interview a number of those experts and document their responses, since their collective wisdom could prove beneficial in guiding the process of overhauling the EGPC, a move that would entirely reshape the Egyptian petroleum sector if implemented.
  • MONGOOSE PT Dual Motion Shakers Improve Performance in Western Canada SAGD Operations
    Technology

    MONGOOSE PT Dual Motion Shakers Improve Performance in Western Canada SAGD Operations

    Monday, 29th December 2014
    ''We saw immediate improvement in the quality of our solids control. MONGOOSE PT shaker performance easily justified replacing the remaining shakers; combined performance reduced our waste disposal costs by more than 40%. Moreover, our mud costs were reduced by more than 25%.
  • New Piping Modifications in SUCO, Agiba and GUPCO (U-102 & U-104) Existing Facilities
    Projects

    New Piping Modifications in SUCO, Agiba and GUPCO (U-102 & U-104) Existing Facilities

    Monday, 29th December 2014
    The Egyptian General Petroleum Company (EGPC) has concluded an agreement in conjunction with the Egyptian Bahraini Gas Derivatives Company (EBGDCO) and Engineering for the Petroleum and Process Industries (ENPPI), to implement a piping and instrumentation modifications project in the existing facilities of companies SUCO, Agiba and GUPCO. The target of the project is to create a new circulation stream to supply EBGDCO's NGL plant with 150 MMSCFD feed gas.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during January 2012.
  • Layers of Dust… The Antiquated Practices Standing Between the Petroleum Sector and Transparency
    In Focus

    Layers of Dust… The Antiquated Practices Standing Between the Petroleum Sector and Transparency

    Monday, 29th December 2014
    The organic development of the Egyptian petroleum sector has long been curbed by the venal administration that has festered over the last decade, and keeping the public at arm’s length remains an essential tool in maintaining the status quo and quelling any shot at genuine reform; the public is on a need-to-know basis, and in the eyes of the government, the public seldom does.
  • Crisis of Confidence: The Tantalizing Hope of Rebuilding Trust
    Political Review

    Crisis of Confidence: The Tantalizing Hope of Rebuilding Trust

    Monday, 29th December 2014
    On an unremarkable morning in mid-January of the current year, several cities across Egypt suddenly found themselves half-paralyzed and in a state of anxiety, owing to a sudden gasoline shortage that hit gas stations simultaneously. The shortage gradually developed into a crisis in the days that followed, and the public’s anxiety evolved into panic. Immense queues built up and tensions reached boiling point, leading to several violent clashes and a reported death. Meanwhile, the political leadership claimed innocence from the debacle and blamed circumstances and rumors, justifications which several private sector operators contradicted.
  • A Hopeful Outlook in Times of Uncertainty
    Interview

    A Hopeful Outlook in Times of Uncertainty

    Monday, 29th December 2014
    German energy company RWE Dea has been operating in Egypt for 30 years, proving to be a successful partner in the development of the country's hydrocarbon resources. Mr.Dirk Warzecha, General Manager of RWE Dea Egypt, speaks to Egypt Oil & Gas about the opportunities and challenges facing Egypt's Petroleum sector as well as the company's successes and plans for the future.
  • Qasr Gas Development Project
    Projects

    Qasr Gas Development Project

    Monday, 29th December 2014
    The Seth development project is one of the major projects that is held by the Belayim Petroleum company (Petrobel) on behalf of the Pharaonic Company
  • Expanding in Africa is our way out
    Technology

    Expanding in Africa is our way out

    Monday, 29th December 2014
    The year of 2011 has been a challenging year for most petroleum companies, but having three out of four branches located in Arab countries, which have been experiencing political and economic unrests, has further hardened the progress of Petrographics. The 100% Egyptian oil service company has been struggling this year to maintain its ambitious development plan, believing that the expansion in the African market is the best solution during this critical time. This is what Mr. Hany Abd El Halim, Chairman of Petrographics explains further in this interview.
  • Mediterranean Shale… Success Story
    Technology

    Mediterranean Shale… Success Story

    Monday, 29th December 2014
    Taurt-7 is a development well drilled in Taurt concession in the Mediterranean Sea owned by BP/IEOC -50/50 and operated by PetrobelM-I Swaco is the drilling fluids service for this well , The 12.25'' hole was drilled to 1,534m using M-I high performance water base mud ULTRADRIL through Mediterranean reactive shale.
  • IBM STUDY: DIGITAL ERA TRANSFORMING CMO’S AGENDA, REVEALING GAP IN READINESS
    Technology

    IBM STUDY: DIGITAL ERA TRANSFORMING CMO’S AGENDA, REVEALING GAP IN READINESS

    Monday, 29th December 2014
    Most chief marketers admit they are not sufficiently plugged into real-time conversations about their brands CMOs struggling to prove the return on marketing investments
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during November 2011.
  • EGPC must regain control of upstream activities
    Interview

    EGPC must regain control of upstream activities

    Monday, 29th December 2014
    Though his ministry has been heavily strained by burdens that have accumulated over the years, Eng. Abdallah Ghorab, the Egyptian Minister of Petroleum, talks to Egypt Oil & Gas about his strategy to tackle the persistent problems, his vision for creating a fertile investment milieu conducive to the sector's prosperity and his plan to alleviate some of the major obstacles encountered by foreign investors
  • PetroSennan’s Alam El -Shawish Concession
    Field Trip

    PetroSennan’s Alam El -Shawish Concession

    Monday, 29th December 2014
    After years of reporting news from concessions and covering companies’ activities, EOG has thought of inviting our esteemed readers to a free virtual tour of the Egyptian concessions. EOG made its first concession trip to PetroSennan's area in the Alam El-Shawish East Concession, which covers about 994 square kilometers in the Western Desert. The new comer to the hydrocarbon industry is believed to have a promising future in Egypt's petroleum industry.
  • Between Syria and Iran: Concessions and Contradictions in Brussels
    Political Review

    Between Syria and Iran: Concessions and Contradictions in Brussels

    Monday, 29th December 2014
    The European Union (EU) is finding itself in a practical dilemma, unwaveringly targeting the Syrian oil industry with its sanctions but hesitant to target the Iranian oil industry due to the precarious balance currently in place
  • 2012 Triggers Mixed Expectations
    In Review

    2012 Triggers Mixed Expectations

    Monday, 29th December 2014
    Experts' predictions and opinions regarding the state of the Egyptian petroleum sector in 2012 have varied, particularly in light of the shift in policy witnessed under the Petroleum Minister Eng. Abdullah Ghorab in comparison to his predecessors. These opinions can be broadly categorized into two main outlooks: one which retains much optimism for the new year, expecting an increase in investments despite ongoing political turbulence, the other sees drilling and exploration operations in Egyptian concessions taking a turn for the worse.
  • Hilal redevelopment project
    Projects

    Hilal redevelopment project

    Monday, 29th December 2014
    The existing Hilal platform is located in the Shoab Ali field in the Gulf of Suez. The platform was constructed and installed in 1984. However, 10 years later, the platform was severely damaged by ship impact and fire. Figure 1.1 shows the facility immediately post the ship impact.
  • PSC’s challenging role in fueling Competitiveness
    In Focus

    PSC’s challenging role in fueling Competitiveness

    Monday, 29th December 2014
    The rapidly evolving nature of the oil and gas industry makes it one of the world's most challenging and complex sectors for understanding, assessing and negotiating contracts. The legal and regulatory framework of upstream petroleum contracts is progressively changing as the tide of deregulation laps swiftly against the aging protectionist policies of state-regulated markets. Now, governments and petroleum producers alike are trying to adapt to the new way of doing business, though some are evolving faster than others
  • To Whom It May Concern!
    EOG Voice

    To Whom It May Concern!

    Monday, 29th December 2014
    Egypt Oil & Gas Newspaper team has been exploring many of the ambiguities surrounding the Egyptian petroleum sector. Despite the remarkable effort that has been exerted in advancing the sector's potential to achieve international standards, there is still a morbid sense of shared fear and anxiety among everyone involved in the sector
  • Challenging factors hinder better PSC’s terms
    Interview

    Challenging factors hinder better PSC’s terms

    Monday, 29th December 2014
    With a 45-year journey in the petroleum industry, whether in Egypt or worldwide, Eng. Hamed El-Ahmady, Group General Counselor of Seaharvest Group comments on the current critical situation and its effect on the petroleum sector. He shares his views about the idea of modifying the Production Sharing Contracts system and sheds light on the challenging factors hindering the gain of better PSC terms
  • Seth Development Project
    Projects

    Seth Development Project

    Monday, 29th December 2014
    The Seth development project is one of the major projects that is held by the Belayim Petroleum company (Petrobel) on behalf of the Pharaonic Company
  • Deep water goes ahead
    Technology

    Deep water goes ahead

    Monday, 29th December 2014
    Following a year of slow economic recovery, unstable price fluctuations and damaging incidents in the Gulf of Mexico and China, the oil and gas industry is predicting healthy investment in new exploration and market opportunities in 2011, according to a report on the future of the sector published earlier this year by the Economist Intelligence Unit and commissioned by GL Noble Denton, a leading independent technical advisor to the oil and gas industry
  • Fugro SAE: Model of innovation and expertise in the Egyptian service market
    Technology

    Fugro SAE: Model of innovation and expertise in the Egyptian service market

    Monday, 29th December 2014
    Since 1996, Fugro SAE (abbreviated FSAE) has been pioneer in the introduction of ROV services to the Egyptian market.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during October 2011.
  • Oil & Finance… The Epic Corruption
    Political Review

    Oil & Finance… The Epic Corruption

    Monday, 29th December 2014
    In his latest controversial book, Raymond J. Learsy presented a real-time account of a nation in crisis, filled with contemplations and reactions. He suggests ways to reduce dependence on foreign oil, develop alternative energy sources, stabilize economy and shore up the national security. Learsy condemns governments of major countries, mainly the U.S, along with the OPEC for providing misinformation about the oil prices, which has pervaded the understanding of how oil prices were determined and how the willful disinformation that was being circulated by them to make people meekly acquiesce to a rigged, manipulated and speculator driven market
  • The Cloud of Uncertainty Ushers in 2012
    In Focus

    The Cloud of Uncertainty Ushers in 2012

    Monday, 29th December 2014
    As 2012 is around the corner, the team of Egypt Oil & Gas newspaper attempts to review the performance of the various hydrocarbon producers operating in Egypt, during this historic and eventful year. After examining several quarterly reports, there seems to be a positive trend that is moving counter to the country's political instability. In fact, the majority of petroleum companies have declared an increase in production and revenues in their reports, while the official production rates showed some sort of decline.
  • A Rising Star in A World of Giants
    Interview

    A Rising Star in A World of Giants

    Monday, 29th December 2014
    PetroSenan, a new comer to the hydrocarbon industry, is believed to have a promising future in Egypt's petroleum industry. Since its foundation in October 2010, PetroSenan has demonstrated a strong dedication to significantly raise its production rates. Despite its relatively small size in comparison to veteran operators in the country, the company has cleverly wiggled its way into Egypt's competitive petroleum market
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during September 2011.
  • EOG Ramadan Petroleum Soccer Tournament ’11 The Egyptian Revolution Edition
    Special Coverage

    EOG Ramadan Petroleum Soccer Tournament ’11 The Egyptian Revolution Edition

    Monday, 29th December 2014
    For the fifth consecutive year, Egypt Oil & Gas organized the Ramadan Petroleum Soccer Tournament, which has become the premier social event in the oil and gas industry over the years.
  • HPHT: The Emerging Technical Challenge for Egypt
    Technology

    HPHT: The Emerging Technical Challenge for Egypt

    Monday, 29th December 2014
    Given the demand for natural gas in Egypt and the recent success exploring for gas focused upon deeper targets, there is an increasing need for solutions to address the challenges of high pressure and high temperature drilling environments. "Conventional" Miocene targets in the Nile Delta and Mediterranean Sea have relatively benign drilling and completion conditions; temperatures rarely exceed 150 degC and pressures are less than 10kpsi. However, for deeper Oligocene targets, where total depths can exceed 6000 meters, temperatures have approached and/or exceeded 200 degC. And, although expected formation pressure for these deeper targets is - by global standards - not so extreme (i.e. less than 15,000 PSI), equivalent circulating density (ECD) windows are extremely tight, and therefore pore pressure management is essential for a successful drilling campaign
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during August 2011.
  • The undisclosed cases of HSE failures in Egypt
    In Focus

    The undisclosed cases of HSE failures in Egypt

    Monday, 29th December 2014
    Since most of the law violations and corruption cases have been brought to the surface after the Revolution of January 25th, every single sector in Egypt has been tightly monitored by experts to weigh the points of weakness and avoid any future drawbacks like before. The petroleum sector is no far from this criticism and analysis, especially that questions have been raised; to what does the sector respect the HSE regulations? This article unearths the undisclosed cases of HSE failures
  • Assil and Karam fields on the development track
    Projects

    Assil and Karam fields on the development track

    Monday, 29th December 2014
    One of the development projects in Egypt is the Assil and Karam, which are major Non-Associated Gas (NAG) fields in the Alam Shawish West Block, onshore Egypt in the Western Desert
  • Libya’s Auspicious Petroleum Future: Al-Qaddafi’s Fall and the Arab Spring
    Political Review

    Libya’s Auspicious Petroleum Future: Al-Qaddafi’s Fall and the Arab Spring

    Monday, 29th December 2014
    Undoubtedly, it was a joyous moment when the Libyan rebels jubilantly celebrated their victory over Muammar Al-Qaddafi after finally seizing control of Al-Azizia compound in Tripoli, ending a horrid civil war that lasted over six months and a despotic regime that persisted over four decades. The future of Libya now seems promising, resting in the hands of its National Transitional Council (NTC), which acted as the political 'face' of the revolution, and currently serves as Libya's interim government.
  • IBM celebrates A decade of technological excellence and innovation
    Technology

    IBM celebrates A decade of technological excellence and innovation

    Monday, 29th December 2014
    IBM has founded its reputation over its long journey as the lead in the world of IT solutions and services worldwide. IBM Egypt has been an integral partner to the Egyptian Society and has led the technological development path in the country. Seizing the occasion of celebrating 100-year anniversary, Eng. Amr Talaat, General Country Manager, IBM Egypt shares with Egypt Oil & Gas his vision and IBM future plan.
  • Undiscovered energy sources
    Research & Analysis

    Undiscovered energy sources

    Monday, 29th December 2014
    Egypt's civilization is deep rooted in the world’s history; great achievements in astrology, medicine… and other fields are recorded in Egypt’s standing civilization. Its history in renewable energy is also recorded for having the first solar power demonstration about 100 years ago
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during June 2011.
  • Egypt’s Petroleum Services Market: The winning horse for Oil Companies in Egypt
    In Focus

    Egypt’s Petroleum Services Market: The winning horse for Oil Companies in Egypt

    Monday, 29th December 2014
    The new fiscal year (2011/2012) has been described by experts in the field of petroleum industries as a major obstacle. Such difficult times are being attributed to the Revolution of January the 25th and its aftermath; the continuous protests and increased instability have negatively affected all industrial sectors in Egypt, and has put strain on the petroleum industry in particular.
  • Industry overhaul: A call for reform
    Round Table

    Industry overhaul: A call for reform

    Monday, 29th December 2014
    A team of energy professionals explore challenges facing Egypt's petroleum sector and debate solutions for the industry at the Egypt Oil & Gas Reform 2011 roundtable discussion.
  • Reviewing the offshore rig market
    In Review

    Reviewing the offshore rig market

    Monday, 29th December 2014
    The offshore rig market continues to suffer worldwide from an oversupply of new rigs that outstrips demand. As the newly delivered rigs have been built at advanced specifications, older rigs have more trouble securing contracts
  • Subsea Safety
    Political Review

    Subsea Safety

    Monday, 29th December 2014
    The political events of the last few months have left Egypt's economy in a battered state. The country's once lucrative tourism industry suffers and the stock market continues to struggle as financiers scale back their investments. The oil and gas industry however, has largely been able to maintain its successes and continues to see investments despite the need for some reforms.
  • FIT into the right management
    QHSE

    FIT into the right management

    Monday, 29th December 2014
    Being the first of its kind in the country has been a motivation factor that has strengthened the company's aim to establish its solid roots in Egypt. The Fleet Information Technology (FIT) cherishes the concept of providing advanced fleet management and drivers control solutions by creating invocative technology that helps in reducing fleet cost and increase productivity
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during July 2011.
  • Historic downgrade shocks the Mideast markets
    Political Review

    Historic downgrade shocks the Mideast markets

    Monday, 29th December 2014
    The shocking, yet expected, decision of Standard & Poor's (S&P) to cut the U.S. level one notch to AA+ from its top AAA rating has negatively affected most of the markets worldwide, including the Middle Eastern and African ones. But, how far would this slump affect the oil industry, worldwide in general and in the Arab world in specific?
  • Settlement of Outstanding Debts: The EGPC’s Sole Solution Sustaining Steady Foreign Investment
    In Focus

    Settlement of Outstanding Debts: The EGPC’s Sole Solution Sustaining Steady Foreign Investment

    Monday, 29th December 2014
    Amid these unprecedented and turbulent times Egypt is undergoing, the Egyptian Petroleum sector continues to face significant obstacles that threaten to impede the stability of oil and gas production. At the forefront of these obstacles stands the problem of outstanding debts owed to foreign petroleum corporations by the Egyptian government, which have currently reached over $4 billion
  • The overall Egyptian legislative structure
    In Review

    The overall Egyptian legislative structure

    Monday, 29th December 2014
    Throughout the time, the Egyptians have always believed in the rule and importance of Law in organizing their lives. Along the history Egypt has hosted numerous cultures and civilizations through concurrence and occupation since 332 B.C. This in term has affected the legislative structure. In the modern history, Egypt represents one of the strongest, well-founded and structured judicial and legislative systems in the world
  • MidEast oil recovery enters a new phase
    In Review

    MidEast oil recovery enters a new phase

    Monday, 29th December 2014
    It has always been an axiom of world energy markets that Persian Gulf oil is both easy and cheap to produce. The crude that gushes from the scorching desert sands of Saudi Arabia, for example, is widely thought to cost less than $5 a barrel to produce, compared to the $70 price tag on raising a barrel from deep Atlantic waters. But, many of the Persian Gulf oilfields have been producing for decades, and an increasing number of the newer fields in the region contain heavier and harder to extract crudes. Squeezing out the remaining reserves from some existing fields and developing new more complicated ones will be costlier and will require more advanced technology. As a result, more Gulf countries are exploring the use of enhanced oil recovery (EOR)
  • SKF ”The Knowledge Engineering Company”
    Technology

    SKF ”The Knowledge Engineering Company”

    Monday, 29th December 2014
    For over 100 years SKF has been and still is the world leader in anti-friction bearings. Over the last 40 years SKF Reliability Services division has developed a portfolio of services, products and solutions to help our customers improve performance of their assets and facilities as well as decrease running cost and improve reliability.
  • Oil and Gas 2030, Meeting the growing demands for energy in the coming decades
    Technology

    Oil and Gas 2030, Meeting the growing demands for energy in the coming decades

    Monday, 29th December 2014
    Despite increasing attention to alternative energy sources, the world can’t forget about oil and gas as it struggles to meet ever-rising demand for clean and affordable energy. Technology is the most important force to increase the supply of more challenging oil and gas, and mitigate the environmental impact of energy production and consumption.
  • INTERGAS VI, A term held amid critical conditions
    Events

    INTERGAS VI, A term held amid critical conditions

    Monday, 29th December 2014
    With a proven track record of 10 years, the sixth term of this strategic conference was held in a very critical period of time for the Egyptian petroleum sector. Over nearly the past three months, specifically after the eruption of political and social unrests since January 25th, the Egyptian petroleum sector has been exposed to a wide public attack that has resulted in various administration changes.
  • Outstanding activities of SPE Suez Canal University
    Events

    Outstanding activities of SPE Suez Canal University

    Monday, 29th December 2014
    Suez Canal University Student Chapter (SCU SC) started in 2004, but it has not become active until early 2009. This Society of Petroleum Engineers (SPE) student chapter has witnessed a great progress recently. SPE SCU SC is seeking the best, making the difference, trying to be the helping hand to our university students, and the link between theories and reality. Check out some of their outstanding events.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during May 2011.
  • Integrating elements of productivity
    In Focus

    Integrating elements of productivity

    Monday, 29th December 2014
    It is important to review the elements that determine the shape and the actual existence of the companies in the Egyptian petroleum market, one might detect the importance of the company's control; one can confirm how successful the company is in handling its activities in the Egyptian petroleum sector, others have problems in maintaining the required high-level performance required
  • Petroleum sector under reform
    Political Review

    Petroleum sector under reform

    Monday, 29th December 2014
    Officials, investors and experts are keeping a close eye on the reform steps that have been taken by the Ministry of Petroleum. Since the pricing of gas exportation has been the core of a vigorous public attack on the Ministry, most of the present reform attempts have tackled this problem to ease the public anger and fortunately, they achieved some positive results. Yet, more efforts are need to be on the right reform track
  • Training: Filling the gap
    QHSE

    Training: Filling the gap

    Monday, 29th December 2014
    Who is running your rigs? Who keeps them operating? These are questions that may well be at the forefront of your mind as you see the age of your experienced electricians and mechanics moving up
  • A giant comes to life in the Qatari deserts
    In Focus

    A giant comes to life in the Qatari deserts

    Monday, 29th December 2014
    Imagine a technology that could turn natural gas into premium oil products, such as low-sulphur vehicle fuels, petrochemical feedstock and high-quality lubricants. This technology does not only exist, but is also being implemented at massive scale in the deserts of Qatar by Shell. Having invested $19 billion in constructing this modern-day wonder of the world, Shell is in the process of starting it up. This small country has became a prominent economic power crouching to find its place among super powers
  • Reservoir Pathway Identification in a Fractured Carbonate Heavy Oil Reservoir
    Technology

    Reservoir Pathway Identification in a Fractured Carbonate Heavy Oil Reservoir

    Monday, 29th December 2014
    The Issaran field, situated in the Egyptian Eastern Desert, is one of the few heavy oil fractured carbonate reservoirs in the world. It has an estimated 700 MMBBLS of 10-12 degree API crude in the Upper and Lower Dolomite reservoirs and the deeper Nukhul reservoir with 10% H2S. Production in 2008 was 5000 STBOPD, forecasted to increase to 6000 STBOPD in 2010. A Cyclic Steam Stimulation (CSS) project was started in Issaran in 2006.
  • Unsolved equation: oil prices vs. economic recovery
    In Review

    Unsolved equation: oil prices vs. economic recovery

    Monday, 29th December 2014
    Since the oil price hike in summer 2008, the oil prices have been witnessing dramatic decreases worldwide. However, this year, in the shadow of ongoing unrests in the Middle East and Africa region, oil prices have been escalating once more. This price increase is ringing the alert bell; would $100 per barrel harm the economic recovery?
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during April 2011.
  • Economic turmoil… set our protests aside
    Political Review

    Economic turmoil… set our protests aside

    Monday, 29th December 2014
    There are no new foreign investments in Egypt... economic losses are in billions and the country will go bankrupt in three months... all are lies the Egyptian economy will flourish... etc., over the last few weeks contradicting announcements made by top officials about the economic situation in Egypt has raised lots of questions among investors and citizens as wellt
  • New dawn has risen in Egypt
    Interview

    New dawn has risen in Egypt

    Monday, 29th December 2014
    Representing one of the few Arab companies that have distinguished E&P operations in the Egyptian petroleum industry, Mohammed Al-Howqal, Chief Operation Officer of Kuwait Energy Company (KEC) believes that Egypt is still has unexplored opportunities and the best is yet to come
  • Is the Egyptian petroleum sector Thriving or Surviving?
    In Focus

    Is the Egyptian petroleum sector Thriving or Surviving?

    Monday, 29th December 2014
    Egypt's recent revolution has caused chaos in the country's economy. From the tourism sector, which has seen a catastrophic 46% drop in revenues post-revolution, to the struggling real estate sector, major investments and injections of economic aid will be needed to get the country back on its feet, but what about the oil and gas sector?
  • Drilling the Egyptian market
    Research & Analysis

    Drilling the Egyptian market

    Monday, 29th December 2014
    In the middle of the current social, economic and political unrests, people are having a close eye on the Egyptian market. Focusing on the petroleum industry, which contributes by 15 % of the national GDP and 45% of total Egyptian exports, more speculations and concerns about the sector's strategies dominate the scene. Satisfying the current need for in-depth analysis and forecast of the Egyptian petroleum industry, Egypt Oil & Gas presents its latest division the Research & Analysis Department to investigate the market and draw the future scheme
  • The forgotten Human Resources!
    Vision

    The forgotten Human Resources!

    Monday, 29th December 2014
    Leading organizations in today's economic climate require a different mindset and new insights on how to get the most of their people. Without any doubt, a productive and engaged workforce provides the single greatest competitive advantage and as such, it is critical that managers find ways to optimize their workforce, implement the right employee engagement and development strategies, and make the best human capital investments
  • Deepwater Surveys Offshore Nile Delta
    Technology

    Deepwater Surveys Offshore Nile Delta

    Monday, 29th December 2014
    Until 2000, most offshore exploration activity in Egypt was focused on the shallow waters of the Gulf of Suez. Since then, the industry's focus has gradually switched to the Mediterranean Sea and the search for natural gas. Discoveries have stimulated investment and activity has grown rapidly, moving further offshore into deep water.
  • World’s largest gas find in Israel
    In Review

    World’s largest gas find in Israel

    Monday, 29th December 2014
    The latest achievements hit by Noble Energy offshore Israel have attracted world's attention towards the probable gas potentials in Israel, which could turn it to a gas exporter instead of a current importer
  • Gas potentials outline the Egyptian scheme
    In Review

    Gas potentials outline the Egyptian scheme

    Monday, 29th December 2014
    Egypt is a rapidly growing natural gas producer. The Suez Canal and Sumed Pipeline are strategic routes for Persian Gulf oil shipments, making Egypt an important transit corridor for world oil markets.
  • Oil and gas agreements over different Jurisdictions
    In Review

    Oil and gas agreements over different Jurisdictions

    Monday, 29th December 2014
    Hydrocarbons and ownership of natural resources in general have played a principal role in classifying civilizations throughout the history of man and especially over the past six decades in the whole world. Such role has changed the political and economic map of the world and has also set the aims and poles of power. The history of mankind has also evolved and developed laws and rules to preserve the treasures and natural resources of every nation within its geographical and political borders.
  • PICO DFT hits new records
    Success Story

    PICO DFT hits new records

    Monday, 29th December 2014
    Upon the performed work with all of Petrogulf Misr, Amapetco, Waha Oil Company and Vegas; a new success was proved within the trial well 113-159 in Sinai that belong to Balayim Petroleum Company ''Petrobel''. The evaluation report from Petrobel was indicating a new record in their field regarding drilling days, performance and the total mud cost.
  • Rheliant
    Success Story

    Rheliant

    Monday, 29th December 2014
    RHELIANT - A new synthetic-base mud designed to provide better drilling performance with flat rheological properties for deepwater and-or cold environment.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during March 2011.
  • Gas contracts review… Weighing the pros and cons
    In Focus

    Gas contracts review… Weighing the pros and cons

    Monday, 29th December 2014
    Whether it is due to public pressure or a necessity that should have been done long time before, the current review of all gas contracts has been the key to put an end to the ongoing controversy in the petroleum sector. Weighing all sides of Egyptian gas exportation is the challenge now to stabilize the gas investments once more.
  • No more production exploitation to please authorities
    Round Table

    No more production exploitation to please authorities

    Monday, 29th December 2014
    Following our aim to be part of the positive change and draw a future scheme for the petroleum sector, Egypt Oil & Gas host a panel discussion about the challenges facing the oil and gas production in the Egyptian petroleum arena.
  • To export or not to export…
    Political Review

    To export or not to export…

    Monday, 29th December 2014
    Currently, there is no voice louder in the Ministry of Petroleum than amending the gas contracts with other countries. The people's revolution came to make the voice of the people heard and sometimes a strong factor in changing political scenes. Hence, will all Egyptian gas contracts be reviewed?
  • GALIOM Makes Inspection Data Acquisition an Easy Job
    Success Story

    GALIOM Makes Inspection Data Acquisition an Easy Job

    Monday, 29th December 2014
    Carrying out technical inspections and compiling inspection data is laborious work. Oil and gas operators spend millions on having their platforms and pipelines inspected and wall thickness data collected. While electronic data loggers, which record data over time or in relation to location, are commercially available and used extensively, data reporting is often done manually using paper forms. Electronic data is rarely kept in a centralized database.
  • The other face of revolution
    Political Review

    The other face of revolution

    Monday, 29th December 2014
    Egypt has been wholly transformed, whether socially, economically or politically. Over the past weeks, analysts have been observing the changes and studying the various effects of such transformation of the whole country in general and of the petroleum sector in specific. The question that should be raised, to which extent has the petroleum industry been affected?
  • How eligible is the new minister?
    In Focus

    How eligible is the new minister?

    Monday, 29th December 2014
    The wave of change has dominated every aspect in the Egyptian society. The Petroleum Sector has had its share of alterations that led to the appointment of a new Petroleum Minister, Eng. Mahmoud Latif, Chairman of EGAS. Though it is known that this interim cabinet is selected to conduct workflow for six months only, there is a long list of reforms and demands that is required to be fulfilled by Eng. Latif
  • Rising to the challenge
    In Focus

    Rising to the challenge

    Monday, 29th December 2014
    The newly appointed Petroleum Minister Eng. Mahmoud Latif will start his first days with a working agenda that is filled with lots of tribulations. The new ministry came knowing that their working table overflowing with controversial contracts, late deals, $6 million petroleum debt, and labor strikes await to be solved in such critical time
  • Breakthrough in 2011 E&P spending
    In Review

    Breakthrough in 2011 E&P spending

    Monday, 29th December 2014
    Global exploration and production spending is forecast to rise 11% in 2011 from $442 billion in 2010 to $490 billion. This increase will be driven by spending gains in Latin America, the Middle East North Africa and Southeast Asia.
  • Monthly News
    In Review

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during February 2011.
  • Egypt’s Gas Agreements: Exploitative or Necessary for Growth?
    In Focus

    Egypt’s Gas Agreements: Exploitative or Necessary for Growth?

    Monday, 29th December 2014
    Egypt's location as a gateway between Asia, Africa and Europe and the strategic presence of the Suez Canal, in addition to substantial untapped resources, have made it a very attractive destination for international gas producers. While Egypt's government has been focused on attracting as many companies as possible to do business in the country with highly preferential terms of agreement, accusations of corruption and misuse of public funds have followed revelations about discriminatory agreements obliging Egypt to sell gas at below market price, or determining higher price levels for gas bought by the Egyptian government from foreign producers.
  • Foreign Investments under public attacks
    Round Table

    Foreign Investments under public attacks

    Monday, 29th December 2014
    Over the last two months, the Egyptian petroleum industry has been under attack, specifically the former ministerial board, being accused of giving special incentives-privileges to foreign companies on the expenses of the Egyptian ones. On the other hand, many foreign investors condemned the old system for not fulfilling its financial commitments towards them and that many modifications, especially contracts-agreements, should be made for a more advantageous work environment
  • Egypt is not Libya
    Political Review

    Egypt is not Libya

    Monday, 29th December 2014
    When Muammar Gaddafi's son said that Libya is not Egypt, in one of his TV appearances after demonstrations started in Libya, he was definitely right. Egypt itself just went through a major change, but it was totally different from what is currently happening in Libya. Egypt's demonstrations were wholly white, for instance it did not seek blowing up petroleum infrastructure as in Libya. Italian group Eni SpA, which in Egypt is a major producer with more than 200,000 barrels of oil per day, commented on Libya's events ''There has been a major change in Egypt; we did not lose one barrel, so a change does not necessarily mean an impact on our production''
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during December 2010.
  • Industry Pioneers Discuss Challenges Facing Field Development
    Round Table

    Industry Pioneers Discuss Challenges Facing Field Development

    Monday, 29th December 2014
    Calling for modifications, asking for more production, warning of energy exploitation, boosting Egypt's reserves…etc are all factors either supporting or threatening the development scheme in Egypt. Egypt Oil & Gas invited the petroleum industry's well-known figures and experts to its first round-table discussion to share views, analyze the development potentials and draw a plan for the future.
  • 2011: the petroleum kick-off year
    In Focus

    2011: the petroleum kick-off year

    Monday, 29th December 2014
    Though many believes that the year of 2010 brought some kind of relief to the petroleum industry worldwide, but the concerns now revolves about the new year of 2011 and what would it bring to the Egyptian sector?
  • Payment Delays: A threat to the petroleum sector?
    In Focus

    Payment Delays: A threat to the petroleum sector?

    Monday, 29th December 2014
    Egypt's petroleum sector leads the nation's economy in attracting foreign direct investment (FDI). This crucial component of the local economy is driven by partnership agreements between the Egyptian government and contracting companies, including major oil giants like British Petroleum (BP), British Gas (BG), and ExxonMobil, among many others.
  • Fostering investments In a fiery country
    Political Review

    Fostering investments In a fiery country

    Monday, 29th December 2014
    Is it time to invest in the Egyptian market, or will the current local and international political and social instability hinder more investments to come?
  • Increased awareness of sustainable development
    QHSE

    Increased awareness of sustainable development

    Monday, 29th December 2014
    Egypt petroleum sector experienced a dynamic liveliness within the QHSE field after the Gulf of Mexico oil leak made headlines and attracted the full intention, but the question still insists: Is it enough?
  • More than A 100-year journey
    In Review

    More than A 100-year journey

    Monday, 29th December 2014
    The year of 1886 was the landmark in the Egyptian petroleum history, when oil was found for the first time ever. Since then, a long journey of attainments and failures shaped today's history of the Egyptian petroleum sector.
  • American-Chinese struggle over Africa
    In Review

    American-Chinese struggle over Africa

    Monday, 29th December 2014
    In the context of continuous struggle to dominate the world's economies and be labeled as the unbreakable mega power, the U.S. and China are keeping close eye on the African continent, the land of yet-to-find black gold.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during January 2011.
  • No more drawbacks allowed!
    Round Table

    No more drawbacks allowed!

    Monday, 29th December 2014
    Solving the negativities of the old regime and calling to bring all corrupted officials to justice should never obscure our vision for the prosperous future, we are dreaming of! This is the time to lay down the foundations of an industry that has been long outing for more reform!
  • Exploring the brighter side
    Political Review

    Exploring the brighter side

    Monday, 29th December 2014
    Looking back at a year filled with ups and downs, one cannot disclaim the role that the Ministry of Petroleum played to expand Egypt's relations with other countries... and yet more to come
  • SPE-CUSC continues serving the community
    Youth Voice

    SPE-CUSC continues serving the community

    Monday, 29th December 2014
    The Society of Petroleum Engineers, Cairo University Student Chapter (SPE-CUSC) has been playing an effective role in the students' field serving the petroleum industry by developing the students' educational, technical and social skills to minimize minimizing the gap between them and the companies' requirements.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during November 2010.
  • In 2011 service firms seek Equal chances, transparency and quality
    In Focus

    In 2011 service firms seek Equal chances, transparency and quality

    Monday, 29th December 2014
    Cruising into 2011, the most crucial requirements for the services companies are the need for transparency, a self-regulating organization, quality awareness as well as equal opportunities.
  • NOSPCO conquers the lands of Sinai
    Interview

    NOSPCO conquers the lands of Sinai

    Monday, 29th December 2014
    Considered as one of the pioneering companies in the area of North Sinai, the North Sinai Petroleum Co (NOSPCO) has engraved its production achievements in this remote area from deep waters of its acquisition area of the eastern side of Nile Delta and the Mediterranean Sea. Eng. Abed Ezz El-Regal, the third recently appointed President of NOSPCO, reveals the company’s new fiscal plan, obstacles challenging its implementation and shares the E&P strategy
  • OSOCO to yield higher achievements in 2011
    Interview

    OSOCO to yield higher achievements in 2011

    Monday, 29th December 2014
    Despite its limited production compared to other companies, the Offshore Shukheir Oil Company (OSOCO) is currently classified as one of the most vital companies operating in the area of Gulf of Suez. Eng. Mostafa Shehata, OSOCO President sheds light on the company's outstanding attainments in 2010 and prioritizes the 2011 targets
  • Doubts and certainties of reserves dilemma
    In Review

    Doubts and certainties of reserves dilemma

    Monday, 29th December 2014
    Oil reserves are defined as the quantities of crude oil estimated to be commercially recoverable by application of development projects to known accumulations from a given date forward under defined conditions. Reserves are further categorized by the level of certainty associated with the estimates. This is contrasted with contingent resources, which are those quantities of petroleum estimated, as of a given date, to be potentially recoverable from known accumulations, but the applied projects are not yet considered mature enough for commercial development because of one or more contingencies
  • Wiki-leaking the oil and gas community
    Political Review

    Wiki-leaking the oil and gas community

    Monday, 29th December 2014
    Whether it's Julian Assange or other partners, Wikileaks was just the bomb that dropped hard towards the end of this year. This year saw the BP gulf oil crisis in addition to some other problems and it would not handle a new hit to the oil and gas industry.
  • Drilling in Deep Water
    Engineering

    Drilling in Deep Water

    Monday, 29th December 2014
    As an Independent Verification Body and Quality Surveillance Provider, GL Noble Denton has been supporting various Burullus development projects since 2003
  • SPE CUSC: glory starts with a step
    Youth Voice

    SPE CUSC: glory starts with a step

    Monday, 29th December 2014
    Society of Petroleum Engineers (SPE) is the largest individual membership organization serving professional engineers scientists, managers, and students in the exploration and production (E&P) segments of the worldwide oil and gas industry. It is associated with more than 80,000 members participate in 162 sections in 65 countries and 161 student chapters in 46 countries. SPE’s membership represents 113 countries. And, the journey continues
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during October 2010.
  • Drilling the market’s, high hope
    In Focus

    Drilling the market’s, high hope

    Monday, 29th December 2014
    Trying its best to escalate the national production rates, the Egyptian Petroleum Ministry's attempts to achieve this goal cannot be emphasized in reality without influencing the drilling, production as well as development plans of the petroleum companies operating in the domestic market
  • A $245-million development plan for Al-Amal Field
    Interview

    A $245-million development plan for Al-Amal Field

    Monday, 29th December 2014
    Characterized by being one of the very few 100% Egyptian E&P companies, Al-Amal Petroleum Company has succeeded to generate some fruitful results of oil and gas production. Eng. Abdallah Abdel Mawgoud, AMAPETCO CEO, reveals the company’s new development plan, exclusively to Egypt Oil & Gas.
  • Newcomer, yet promising as experienced
    Interview

    Newcomer, yet promising as experienced

    Monday, 29th December 2014
    ''We are targeting the production of 22 thousand barrels of oil per day during the coming five years,'' stressed Eng. Abdul Khaleq El Tahawy, Chairman of PetroSannan Company, in his interview with Egypt Oil & Gas newspaper.
  • When prices wobble subsidies’ balance
    In Review

    When prices wobble subsidies’ balance

    Monday, 29th December 2014
    Petroleum product subsidies have again started to rise with the slow recover of international prices. This note reviews recent developments in terms of subsidy levels and argues that it is necessary to reform the policy framework for setting petroleum product prices in order to reduce the fiscal burden of these subsidies and to address the market change
  • Legal safeguards in Egypt’s petroleum concession agreements
    In Review

    Legal safeguards in Egypt’s petroleum concession agreements

    Monday, 29th December 2014
    The Petroleum Industry is one of the most dynamic and flourishing industries in Egypt and petroleum production is by far the largest single industrial activity, representing eight to ten percent of Egypt's GDP. The Egyptian Government is encouraging the International Oil Companies (IOC) to participate in the activity of exploration and exploiting oil and natural gas. Actually, more than 50 international companies are operating in Egypt. Hence, rules and regulations are crucial to control the foreign operations in the country
  • Extra expansion into fresh assets
    Interview

    Extra expansion into fresh assets

    Monday, 29th December 2014
    ''New investment will come from many diverse sources, which underline the wisdom of the Egyptian Ministry of Petroleum to seek out and strengthen relations with other neighboring countries in the region,'' Ian Barden, Vegas Country Manager, said describing the strategy of the Ministry of Petroleum which aims to strengthen relations with foreign and neighboring countries to lure more investments
  • Into the Global Jackup Market
    In Review

    Into the Global Jackup Market

    Monday, 29th December 2014
    Over the last quarter of 2010, the drilling offshore makers enjoyed a status of stability in the jackup market. The last eight months, the global jackup utilization counted for 80% since the beginning of 2010. However, the supply-side of the equation has grown with 13 jackups delivered and 11 additions are still expected before year-end. In aggregate there are 366 jackups currently marketed around the world, out of which 290 are working
  • Ganope offers new seven blocks
    Bid Round

    Ganope offers new seven blocks

    Monday, 29th December 2014
    Ganoub El Wadi Petroleum Holding Company (Ganope) invites the qualified Petroleum Exploration Companies to participate in the INTERNATIONAL BID ROUND 2010 to explore/exploit for Gas and Crude Oil under the Production Sharing Agreement (PSA) Egypt model 2010.
  • When oil solidifies political ties
    Political Review

    When oil solidifies political ties

    Monday, 29th December 2014
    Too many success stories of the Egyptian petroleum sector crown the celebration of the Petroleum Day this month. Strengthening bridges connecting not only the companies operating in the Egyptian territories, but also connecting the Egyptian petroleum industry to its counterparts, has proven the vitality of the Egyptian industry on all levels
  • 3M Fire Protection Solutions Offering the Top Industry-Leading 20-Years Warranty
    QHSE

    3M Fire Protection Solutions Offering the Top Industry-Leading 20-Years Warranty

    Monday, 29th December 2014
    Novec 1230 fluid helps offshore marine vessels meet increasing environmental and safety standards
  • ‘No guarantees Macondo won’t happen again’
    QHSE

    ‘No guarantees Macondo won’t happen again’

    Monday, 29th December 2014
    Inspectors from the UK's Health & Safety Executive (HSE) have hit out at BP, saying the supermajor failed to give adequate safety training to crew at one of its North Sea installations.
  • Celebrating the 35th Petroleum Day
    Head Quotes

    Celebrating the 35th Petroleum Day

    Monday, 29th December 2014
    Selecting November 17th for the Petroleum Day celebration was not by coincidence. It is the date that marks the restoration of all Sinai fields that were detained by the Israeli Army during the war. For 35 years, the petroleum calendar marked that day as the day of glory
  • So long our beloved gas!
    Political Review

    So long our beloved gas!

    Monday, 29th December 2014
    "We have to stop exporting Gas instantly," replied an official petroleum source angrily when asked the late power cuts due to the shortage of gas supplies to the power stations, condemning the Israeli deal for this shortage!
  • Why does Russia support Iran sanctions?
    In Review

    Why does Russia support Iran sanctions?

    Monday, 29th December 2014
    Gazprom, the largest natural gas company in the world and the mainstay of the Russian economy, is in deep crisis. By Gazprom’s own estimates, it will not be able to reach the pre-crisis level until 2013. Based on a conditional assessment, for Gazprom to climb back to its former position, it needs to make sure that there is no alternate route for gas supplies to Europe. This, in essence, is the reason why Russia supported the United Nations Security Council sanctions on Iran
  • Efficient compression solution for CO2 Capturing and Sequestration, Enhanced Oil Recovery and Enhanced Gas Recovery
    Technology

    Efficient compression solution for CO2 Capturing and Sequestration, Enhanced Oil Recovery and Enhanced Gas Recovery

    Monday, 29th December 2014
    Anthropogenic CO2 emissions are among the most unwanted side effects of civilization. However, industrial solutions are at hand for capturing and sequestration of CO2. Drawing on hundreds of front-end engineering and design studies, Siemens analyzed three general scenarios to identify appropriate re-compression solutions
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during September 2010.
  • Breakthrough Years 1999-2010… New economic perspective for the Egyptian petroleum industry
    In Focus

    Breakthrough Years 1999-2010… New economic perspective for the Egyptian petroleum industry

    Monday, 29th December 2014
    During the first decade of this century, the Egyptian Petroleum Industry record was full of numerous distinctive landmarks that place it in line with other major counterparts worldwide. These significant outcomes have confirmed the success of first integrated, defined strategy that was set upon scientific planning, at the beginning of this century, in January 2000
  • In quest of success
    Interview

    In quest of success

    Monday, 29th December 2014
    ''So as to reserve the good reputation and the high quality of our services, in 2011 we are going to focus on the high and unique techniques and solutions,'' Mr. Hany Abd El Halim, Chairman of Petrographics, explained while talking about the company's plans for 2011
  • Fading gas behind blackouts!
    Political Review

    Fading gas behind blackouts!

    Monday, 29th December 2014
    ''First they claimed they would deliver gas to every households, now we still do not have gas and they took our electricity too,'' said a local citizen wondering who is responsible for this problem, the Ministry of Electricity or Ministry of Petroleum
  • Egyptian Refining Co receives $2.6 billion loan
    Downstream

    Egyptian Refining Co receives $2.6 billion loan

    Monday, 29th December 2014
    The Egyptian Refining Company (ERC) signed a debt package of $2.6 billion to finance construction of its state-of-the-art $3.7 billion second-stage oil refinery in the Greater Cairo Area, the company said in statement.
  • RasGas makes its first LNG delivery
    Downstream

    RasGas makes its first LNG delivery

    Monday, 29th December 2014
    RasGas has delivered its first supply of liquefied natural gas (LNG) into Portugal.
  • More Egyptian expansion on the way
    Reports

    More Egyptian expansion on the way

    Monday, 29th December 2014
    Expanding the Egyptian activities abroad has been on the top of the Ministry of Petroleum agenda, which its fruitful results were reflected in the number of contracts signed lately for local service companies to conduct activities abroad. But, should not the Ministry expand its exploration activities as well?
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during August 2010.
  • Another rig burned and sunk
    Technical Review

    Another rig burned and sunk

    Monday, 29th December 2014
    You may have heard the news about the Deepwater Horizon drilling rig, which caught fire, burned for two days, and then sank in 5,000 ft of water in the Gulf of Mexico. There are still 11 men missing, and they are not expected to be found
  • Coming Decade’s obstacles hindring progress of the petroleum sector
    In Focus

    Coming Decade’s obstacles hindring progress of the petroleum sector

    Monday, 29th December 2014
    Discussion surrounding Egypt's supply and production of petroleum and natural gases has been heating up steadily over the past several years. As a vital yet decidedly limited market in the region, the petroleum sector faces some serious challenges, prompting a series of conferences, reforms and debates to be held by ministers, heads of state, and industry leaders.
  • Continual improvement for being a one-stop shop
    Interview

    Continual improvement for being a one-stop shop

    Monday, 29th December 2014
    "I believe that it is very much our solid experience and our wide global technical service offerings that has made these projects a great success," said Eng. Hisham El-Grawany, Country Manager and Managing Director of GL Noble Denton Egypt, commenting on the Burullus and Rashpetco Rosetta deepwater gas development projects.
  • Will the British giant collapse?
    In Review

    Will the British giant collapse?

    Monday, 29th December 2014
    Last July, the U.S. House of Representatives voted to end the federal moratorium on deepwater drilling for oil companies, imposing new federal safety requirements. The proposal to end the moratorium was an amendment to a pending energy bill. The moratorium will not end unless the Senate also votes to terminate it and President Barack Obama signs the legislation into law. The fate of the proposal in the Senate is uncertain. The Obama administration imposed the six-month moratorium on exploratory drilling in waters more than 500 feet deep in response to the BP oil spill. The moratorium runs through the end of November
  • Responding to API RP 545 to improve petroleum tank lightning safety
    QHSE

    Responding to API RP 545 to improve petroleum tank lightning safety

    Monday, 29th December 2014
    When lightning struck on or near a petroleum tank at the Magellan Midstream Partners distribution terminal in Kansas City, Kansas, in 2008, the tank, containing approximately 1.2 million gallons of unleaded gasoline, caught fire, sending a large plume of smoke across portions of the greater Kansas City metro area.
  • U.S Natural gas shale amazes the world
    In Review

    U.S Natural gas shale amazes the world

    Monday, 29th December 2014
    Gas shale has become an important source of natural gas in the United States over the past decade, and interest has spread to potential gas shale in Canada, Europe, Asia, and Australia. One analyst expects gas shale to supply as much as half the natural gas production in North America by 2020
  • Discussion to build four refineries in Iraq
    Downstream

    Discussion to build four refineries in Iraq

    Monday, 29th December 2014
    The Iraqi oil ministry is talking to several international oil companies about investment in four planned refineries throughout Iraq to meet increasing domestic demand, the country's deputy oil minister has said.
  • Vitol, Helios in talks for Shell’s Africa Downstream Businesses
    Downstream

    Vitol, Helios in talks for Shell’s Africa Downstream Businesses

    Monday, 29th December 2014
    The Vitol Group confirmed that it is in exclusive negotiations with Shell Oil Products Africa for the potential acquisition of equity in their downstream businesses in 19 countries in Africa, subject to final negotiations and any necessary regulatory and final company approvals.
  • Egyptian definition of Field Development
    Political Review

    Egyptian definition of Field Development

    Monday, 29th December 2014
    Why do we need foreign assistance to develop our fields? Is not the Egyptian expertise capable of conducting field development plans, which have been a key focus in the industry?
  • How crisis management differs locally than abroad?
    Reports

    How crisis management differs locally than abroad?

    Monday, 29th December 2014
    As the Gulf of Mexico oil leak continues to dominate headlines, Egypt experienced its own oil-related ecological threat, however, its source remained undercover
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during July 2010.
  • Still controlling the ups and downs of the gas industry
    In Focus

    Still controlling the ups and downs of the gas industry

    Monday, 29th December 2014
    Although everything is usually subjected to alternating periods of good and bad fortune or even high and low spirits as well as smart and failure management, here in Egypt we tend to pause or suspend life temporarily for each mood. When we admire, we extremely praise while for objecting to something we totally turn off the light. That's a quick summery for the Egyptian gas sector
  • Flexibility’s value in escalating investments
    Interview

    Flexibility’s value in escalating investments

    Monday, 29th December 2014
    ''In fact, it is not a burden as working without a cost recovery is not risky for us since it has the shape of the usual investment projects in other countries,'' Dr. Hans-Hermann Ecke, General Manager of RWE Egypt, told Egypt oil & gas in an interview describing the agreement of the West Nile Delta Project
  • Hopeful future lies ahead
    Political Review

    Hopeful future lies ahead

    Monday, 29th December 2014
    Egypt's economy has long been one rich in resources and potential, with the petroleum and gas field currently at the helm of resource development. While much of the global economy has been consumed by the difficulties of the global financial crisis, Egypt's economy has shown consistent production rates in mining natural resources, making readily available the fuel for a growing domestic and international market.
  • U.S seeks less oil dependence from the Middle East
    In Review

    U.S seeks less oil dependence from the Middle East

    Monday, 29th December 2014
    "And for the sake of our economy, our security, and the future of our planet, I will set a clear goal as president in 10 years… We will finally end our dependence on oil from the Middle East," announced the U.S President Barack Obama
  • Safety is Our Common Language… A trip through Fugro SAE’s Change in Safety Culture
    QHSE

    Safety is Our Common Language… A trip through Fugro SAE’s Change in Safety Culture

    Monday, 29th December 2014
    Fugro SAE (FSAE) has activities carried out all over Egypt that are primarily aimed at providing a complete range of offshore and onshore survey services to the oil and gas industry. FSAE considers safety as the solid ground from which to launch any of its successful operations
  • Fatigue Management
    QHSE

    Fatigue Management

    Monday, 29th December 2014
    Fatigue is a significant risk in Schlumberger operations. Sleep loss due to demanding hours of operation and limited time between assignments increases the likelihood of fatigue. Fatigue impairs alertness, often without you realizing it. In fact, sleepiness or fatigue can produce performance problems similar to those caused by alcohol. Staying awake for over 18 hours will impair a person’s performance as much as having a blood alcohol concentration of .05% or higher, above the legal limit for driving in many countries.
  • As usual, Petrobel comes first in the production rankings
    In Focus

    As usual, Petrobel comes first in the production rankings

    Monday, 29th December 2014
    The continuous efforts of the Ministry of Petroleum to overcome any obstacle that hinders its production plan reflect the officials' targets to keep high levels of oil and gas production. Despite all speculations claiming the slow down of such attempts, Egypt has witnessed a relative progress in its oil and gas production rates since the beginning of this year
  • Surprising Truth!
    In Review

    Surprising Truth!

    Monday, 29th December 2014
    A common assumption today is that the Middle East has an abundance of natural gas supplies; however, the reality is quite different. Surprisingly, the Middle East, which has 40% of the world's remaining gas reserves, is struggling to find enough gas to meet its own needed demands. In view of below-market pricing and muted incentives for gas sector investment, the evolution of the region's gas industry has lagged behind that of the oil sector, despite significant gas deposits
  • More petroleum prosperity is yet to come
    Interview

    More petroleum prosperity is yet to come

    Monday, 29th December 2014
    With more than 15 years experience in the petroleum industry and being the former head of the energy and industry committee of the People's Assembly for three terms, Dr. Amin Mubarak, Professor of energy and mechanical engineering at Cairo University, shares his analytical views concerning the Egyptian petroleum industry and confirms that more prosperity is yet to come
  • Rashpetco, the backbone of Egypt’s gas production
    Interview

    Rashpetco, the backbone of Egypt’s gas production

    Monday, 29th December 2014
    On January 31, 2001, Rashid Petroleum Company (Rshpetco) achieved its first gas production form the Nile Delta region and since then, the company has taken the lead of gas producers in Egypt in association with its two foreign partners BG and Petronas. "More than 35% of Egypt's gas production is generated by Rashpetco," expressed Taher Abdel Rahim, Operations Manager the role of his company in this vital industry
  • Less drilling in an unsustainable market
    Studies

    Less drilling in an unsustainable market

    Monday, 29th December 2014
    Any unexpected collapses trigger a recovery phase that paves the route for resuming the state of prosperity and wealth once more. Any industry swings continuously over the ups and downs due to the economic conditions. No matter how long would it take to overcome the downs, a healthy industry can always control once back its wheel
  • Lacking the production vision
    Political Review

    Lacking the production vision

    Monday, 29th December 2014
    "A decrease in the production of oil in Egypt," as the United States Department of Energy predicted in last February, it came in a report titled "The Forecasts of Energy in the Short Term". The report, which is focused on non-OPEC supply of oil in 2010 and 2011, said that it expects a decrease in the country's oil production during the monitoring period that runs from 2009 through 2011
  • MOVA – Complete Logistics Solutions for the Oil & Gas Industry Innovations in Transportation safety – Focus on Trucking
    Logistics

    MOVA – Complete Logistics Solutions for the Oil & Gas Industry Innovations in Transportation safety – Focus on Trucking

    Monday, 29th December 2014
    MOVA, a provider of Transportation and Logistics services for the Oil & Gas Sector provides the full gamut of services and this month we would like to focus on Safety Innovations in Trucking that MOVA will soon be implementing to further improve the quality of in local road transport - trucking across Egypt.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during June 2010.
  • More development on its way
    In Focus

    More development on its way

    Monday, 29th December 2014
    Throughout the past eight years, the Ministry of Petroleum has been implementing an ambitious plan to develop its fields, whether the newly discovered ones or the brownfields. The results of this strategy reflect the value of the country’s fields that are still fruitful. More development plans are yet to come
  • Egypt’s first national force develops the national treasure
    Interview

    Egypt’s first national force develops the national treasure

    Monday, 29th December 2014
    "Tanmia has been established not just for developing the Egyptian fields and reduce cost recovery, but it is also developing the humanitarian force pushing the industry forward by protecting and maintaining Egyptian experts and professionals working in the country," that is how Eng. Mostafa Abdel Aziz, President of Tanmia Company, puts in plain words the role of the company, describing it as a sacred national goal
  • All lies in the infrastructure
    Studies

    All lies in the infrastructure

    Monday, 29th December 2014
    Connecting more residential, commercial and industrial units to the natural gas grid should be met with an appropriate expansion plan to provide the adequate infrastructure to accommodate the new customers. Though the Ministry of Petroleum is carrying a major part of this heavy burden, the contribution of private sector has been a factor contributing to the implementation of this national plan
  • Egypt and China to join refinery forces
    Downstream

    Egypt and China to join refinery forces

    Monday, 29th December 2014
    The Egyptian Ministry of Petroleum signed an agreement with China to build a new $2 billion refinery, which will have its affect on the oil industry in Egypt. "Signing this agreement with China to build a refinery could not pick a better time. We are now on the right track, especially that our current refineries lack the technologies that being used in other countries," an official in the petroleum sector told Egypt Oil & Gas newspaper (EOG).
  • BG investments counted for 12% of Egypt’s total 2009 FDI
    Interview

    BG investments counted for 12% of Egypt’s total 2009 FDI

    Monday, 29th December 2014
    "I am in the right place, at the right time," described Dr. Arshad Sufi the timing of his appointment as the new President and General Manager of BG Egypt, earlier this year. He believes this is an "exciting time" for investment, future projects and education. Holding a Ph.D in petroleum engineering from Stanford University and distinguished by a splendid resume that includes diverse work experiences in the U.S.A, Canada, Trinidad, Egypt, Qatar, U.K, Nigeria and Oman, the new president bears the mission of maintaining and developing BG activities in the country. Dr. Sufi shares his views and discusses the current and future plans of BG Egypt
  • Mediterranean is the focus
    Interview

    Mediterranean is the focus

    Monday, 29th December 2014
    There is a committee responsible for the development of the Mediterranean and it identifies the production and joint production facilities to maximize the use of those facilities in a simple way to reduce the time and work on a common understanding between global partners in the Mediterranean, Eng. Ismail Karara, the previous first undersecretary for gas affairs in the Egyptian petroleum Ministry, said.
  • Statoil’s offshore faith
    Interview

    Statoil’s offshore faith

    Monday, 29th December 2014
    We can manage the challenges since our goal is to be successful in developing our position in the offshore of Egypt, Anders Kullerud, General Manager of Statoil Egypt, emphasized.
  • Deeper drilling, deeper challenges
    In Focus

    Deeper drilling, deeper challenges

    Monday, 29th December 2014
    With the focus shifting to the potentials of the Mediterranean Sea, the deepwater will be shallow by focusing more on the challenges facing the IOCs at sea
  • The latest technologies in the Mediterranean
    In Focus

    The latest technologies in the Mediterranean

    Monday, 29th December 2014
    Over the last few years, drilling activities have significantly increased in the Mediterranean. Operators have been mainly focusing on hitting their targets and achieving their well objectives as safely and efficiently as possible. Schlumberger, Halliburton and Weatherford are of the major Service providers in the Mediterranean Sea. Their technologies play a great important role for the offshore operators.
  • Speaking the global offshore language!
    Political Review

    Speaking the global offshore language!

    Monday, 29th December 2014
    Digging deeper in the offshore industry, obstacles maybe come in hefty numbers, but anyone can notice that the ministry tries to apply the most appropriate strategy to cover the most of challenges
  • PetroMod Petroleum Systems Modeling Software Reducing Exploration Risk
    Technology

    PetroMod Petroleum Systems Modeling Software Reducing Exploration Risk

    Monday, 29th December 2014
    PetroMod petroleum systems modeling software combines seismic information, well data, and geological knowledge to model the evolution of a sedimentary basin. PetroMod software will predict if, and how, a reservoir has been charged with hydrocarbons, including the source and timing of hydrocarbon generation, migration routes, quantities, and hydrocarbon type in the subsurface or at surface conditions.
  • First HSE Forum in Egypt’s Oil & Gas sector
    HSE

    First HSE Forum in Egypt’s Oil & Gas sector

    Monday, 29th December 2014
    In January 2006, Egypt's Oil & Gas Health Safety and Environment (EOGHSE) forum was launched. The forum is chaired by BP Egypt and includes oil and gas upstream and downstream companies operating in Egypt. The forum addresses health, safety and environmental issues with a focus on safety.
  • The Future of the Offshore Oil and Gas Industry to 2020
    In Review

    The Future of the Offshore Oil and Gas Industry to 2020

    Monday, 29th December 2014
    GBI Research's report, "The Future of the Offshore Oil and Gas Industry to 2020", provides an in-depth analysis of the offshore oil and gas industry, highlighting the various concerns, shifting trends and emerging regions in the global offshore oil and gas industry. The report also provides in-depth analysis of key trends and challenges faced by the global offshore oil and gas markets.
  • All lies in the infrastructure Part V
    Studies

    All lies in the infrastructure Part V

    Monday, 29th December 2014
    Although the Egyptian Ministry of Petroleum has suspended new gas contracts since June 2008, waiting for a stabilized world price, Egypt has been engaged in many gas export deals and projects, which necessitate a continuous development of the country’s gas infrastructure
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during April 2010.
  • Drilling For A Better Future
    In Focus

    Drilling For A Better Future

    Monday, 29th December 2014
    Drilling for oil and gas has occurred in one way or another for hundreds of years. The Chinese, for instance, invented a bamboo rig to obtain oil and gas, but only in the last 40 years has humankind been able to efficiently extract petroleum from beneath the seas - an achievement to rank with this century's mightiest technological triumphs
  • Financial Institutes for the rescue
    In Focus

    Financial Institutes for the rescue

    Monday, 29th December 2014
    Though the banks have been a steady form of support, the world economic crisis has cast its shadow over the Egyptian oil sector
  • Your Corporate Need Is to Lease Not Just Be Financed
    In Focus

    Your Corporate Need Is to Lease Not Just Be Financed

    Monday, 29th December 2014
    Maturing countries such as Egypt need to adopt successful financial mechanisms to foster effective infrastructure to support and expand the economy. This moves beyond financing alone, indicating that leasing is the way forward. Awareness of the benefits leasing add to the sector is on the rise in Egypt and stands to be a substantial part of financing the existent oil and gas industry.
  • How sustainable is this type of long term financing?
    Interview

    How sustainable is this type of long term financing?

    Monday, 29th December 2014
    Project finance is a long term financing tool with debt repayment being wholly reliant on the success of the project and creditworthiness as such, is a function of a bank’s ability to assess and predict this success. Let us be clear, project finance is not high risk but managed risk. Lenders and advisers undertake a rigorous due diligence process on each project with the benefit of independent advice on technical, environmental, market, legal and insurance aspects of a project.
  • All lies in the infrastructure Part IV.
    Studies

    All lies in the infrastructure Part IV.

    Monday, 29th December 2014
    Last month's article shed lights on the gas pipeline network in Egypt and the expansion potentials and future plans. Similarly, liquid pipeline network is no less important than the gas one. Although the existing liquid pipeline transmission system satisfies the needed demand, as it covers various areas in the country, yet there is a number of obstacles that would setback its potential capacity. That is what will be discussed in the following lines
  • Oil exploration costs on the rise
    In Review

    Oil exploration costs on the rise

    Monday, 29th December 2014
    The cost of discovering a new barrel of oil/gas has risen three-fold over the last decade as technology has pushed the frontiers of exploration into more remote areas. As old fields run dry, oil companies expand their exploration activities in harsh regions, where political, geological, geographical, technical and contractual risks are high, and they have had remarkable success.
  • Funding Egypt’s oil projects
    Political Review

    Funding Egypt’s oil projects

    Monday, 29th December 2014
    2010 has seen an increased focus on revising banking and financial policies for Egypt's current oil and gas projects. In the midst of reforms, budget adjustments and pending projects for the quarter, some key developments are underway to bolster the country's oil and gas fueled economy.
  • The challenge of having a Safe Culture
    HSE

    The challenge of having a Safe Culture

    Monday, 29th December 2014
    It is simply passing the knowledge, to achieve a change in behavior, then build A Safe Culture
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during March 2010.
  • Can we change our mindset?
    Interview

    Can we change our mindset?

    Monday, 29th December 2014
    Though in many countries Integrated Services (IS) is the only way to conduct business, Magdy Wedad, Managing Director of PICO Energy Petroleum Integrated Services, clarifies the values of implementing the IS concept in Egypt
  • MOVA’s upgrade hits the oil & gas logistics sector
    Downstream

    MOVA’s upgrade hits the oil & gas logistics sector

    Monday, 29th December 2014
    Mrs. Mahy Tousson, Managing Director of MOVA Transportation & Oil Services, Drexel Oilfield Equipment (Egypt), states that MOVA will start offering global freight forwarding services, airfreight as well as seafreight to and from Egypt within the next coming weeks.
  • All lies in the infrastructure Part III
    Studies

    All lies in the infrastructure Part III

    Monday, 29th December 2014
    As highlighted in the previous part, the increasing production of petroleum products has to have an equal increasing grid of pipeline infrastructure, with an appropriate capacity suitable to transmit the quantities of products to various areas of the country. Therefore, how far does the current transmission pipeline system facilitate/accommodate the transmission process? What are the future expansion plans?
  • ACT Model summarizes Organizational Success
    Studies

    ACT Model summarizes Organizational Success

    Monday, 29th December 2014
    Many organizations develop great vision/mission statements yet are unable to implement them. After researching a number of organizations with particular concentration on Gulf countries, we have determined that there are three major cornerstones that an organization must have in place; Organizational Alignment, Open Communication, and Functional Trust (ACT) in order to succeed
  • Unexpected amelioration in the rig market
    In Focus

    Unexpected amelioration in the rig market

    Monday, 29th December 2014
    The egyptian petroleum sector is on the verge of a huge change in its rig market, due to the recent exploration bids offered by the government in the Mediterranean, Gulf of Suez, Eastern and Western desert, Nile delta and Sinai.
  • Innovative technique inhibits post fracturing water productions using relative permeability modifiers
    Technology

    Innovative technique inhibits post fracturing water productions using relative permeability modifiers

    Monday, 29th December 2014
    Hydraulic fracturing has proven to be extremely beneficial for almost all different kinds of reservoirs in the Western Desert of Egypt, with approximately 70% of the production resulting out of this stimulation technique. However, a deterrent to fracturing in many cases has been the proximity of the producing zones to underlying (or overlying) water zones, either located near the water-oil contact or the producing zones adjacent to water bearing zones.
  • Drilling through service pricing combat
    Political Review

    Drilling through service pricing combat

    Monday, 29th December 2014
    After suffering from the brutal challenge between service companies by competitors' system of lowering prices, fears began to emerge for monopolizing the market through lowering prices
  • Southeast Asia Rig Market Challenge
    In Review

    Southeast Asia Rig Market Challenge

    Monday, 29th December 2014
    By 25 active operators in Southeast Asia with 46 rigs, the contracting conditions have been challenging due to the collapse in crude oil prices while exploration and production spending have pressured both utilization and day rates in the region
  • ”Be afraid…” – HSE Chair warns the energy industry
    HSE

    ”Be afraid…” – HSE Chair warns the energy industry

    Monday, 29th December 2014
    Never allow short-term business pressures to blind you to the real and potentially devastating human and business consequences of neglecting process safety and asset integrity', is the warning the Chair of the Health and Safety Executive gave to an international audience of oil and gas experts.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during February 2010.
  • European companies come first
    In Focus

    European companies come first

    Monday, 29th December 2014
    The Egyptian petroleum industry has always been one of the favorable environments for foreign investments, which are not just good sources for economic revenues, but a way to get locally updated with the latest international operations techniques and exchange expertise
  • All lies in the infrastructure! Part II
    Studies

    All lies in the infrastructure! Part II

    Monday, 29th December 2014
    Continuing the series of Egypt’s infrastructure, this part tackles the processing plants and facilities distributed in various corners in the country, their capacity and the future plans
  • 2010 brings optimism to the Jackups Market
    Studies

    2010 brings optimism to the Jackups Market

    Monday, 29th December 2014
    After drilling contractors posted record levels of earnings in the period from 2004 to 2008, the year 2009 marked the beginning of an earnings descent likely to continue over next year or two. When exploration and development spending was curtailed in 2009, rig utilization was quick to follow and leading edge rig day rates deflated.
  • Weighing the two sides!
    Political Review

    Weighing the two sides!

    Monday, 29th December 2014
    Some would see it as a good move, "It would be a good idea to import the gas cheaply from Iraq and lock in at that price for the future, if Egypt has the view that gas prices will go up on the long term.", others may oppose it, "Has the minister finally awakened to the tragedy of Egypt's wasted petroleum resources.
  • Driving Management in Schlumberger
    QHSE

    Driving Management in Schlumberger

    Monday, 29th December 2014
    Deep commitment to Quality, Health, Safety and Environment and Taking driving management to next level
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during January 2010.
  • Industry Lacks Service Quality
    In Focus

    Industry Lacks Service Quality

    Monday, 29th December 2014
    Providing the higher quality became the key factor for service companies in Egypt without taking their eyes off the price aspect to keep themselves within the competition
  • El-Khazindar: Aiming to take service quality to the next level
    Interview

    El-Khazindar: Aiming to take service quality to the next level

    Monday, 29th December 2014
    Operating in Egypt since 1937, Yasser El-Khazindar, Vice President and General Manager – East Mediterranean of Schlumberger, stressed that despite the variation of ranks from one market segment to another, Schlumberger currently holds the top rank in the Egyptian market segments altogether
  • MI SWACO introduces new technologies for the deep water activities
    Interview

    MI SWACO introduces new technologies for the deep water activities

    Monday, 29th December 2014
    Due to acknowledging foreign experience, Hazem El Shaife, MI Swaco Country Manager emphasizes that new technologies in Egypt and the Middle East are always subjected to prices, not all the operators see the value of new technologies especially at the beginning awing to its high-cost
  • Banby: suspension of gas exportation is not a media show
    Interview

    Banby: suspension of gas exportation is not a media show

    Monday, 29th December 2014
    His long decades of experience in the petroleum sector have been like a fortune of information for us. Dr. Hamdy El-Banby, former Minister of Petroleum supports latest decision concerning Egyptian gas exportation and shares his views concerning lifting of subsidies, economic recovery and much more...
  • All lies in the infrastructure!
    Studies

    All lies in the infrastructure!

    Monday, 29th December 2014
    Holding treasures of energy resources would not be valuable unless effective plans are set to the preeminent and most effective utilization of such treasures. Developing and continuously upgrading an infrastructure for energy resources is a key factor that completes the scheme from production to distribution phases
  • Edison: an aggressive $400 million investment in 2010
    In Focus

    Edison: an aggressive $400 million investment in 2010

    Monday, 29th December 2014
    Made a historic deal at a time when everybody was cutting down their investments, believed in the high potentials of Abu Qir Concession and trusted their expertise and abilities to achieve prosperous accomplishments, Edison promises more vigorous plans this year in Egypt as Mr. Maurizio Coratella, Edison Country Manager, told Egypt Oil & Gas
  • El-Sharkawi: at least 20% production increase in 2010
    In Focus

    El-Sharkawi: at least 20% production increase in 2010

    Monday, 29th December 2014
    Dana Gas, known by being one of the most active companies in Egypt, celebrated the new year of 2010 with the successful achievement of its 2009 production target in excess of 40 thousand boepd
  • Al-Howqal: Regardless delay of martial permits, Western Desert is full of potentials for investors
    Interview

    Al-Howqal: Regardless delay of martial permits, Western Desert is full of potentials for investors

    Monday, 29th December 2014
    Since the initiation of its activities in Egypt, Kuwait Energy Company (KEC) has been strengthening its steps in the industry. However, its ambitious plans to further expand are hindered by some obstacles that slow down its investment wheel. Mohammed Al-Howqal, Kuwait Energy Chief Operation Officer, sheds light on these obstacles and reveals the companys 2010 plan in Egypt
  • Qarun’s third train ready to commence the route of production boost!
    Interview

    Qarun’s third train ready to commence the route of production boost!

    Monday, 29th December 2014
    Qarun Petroleum Company (QPC) is back on track and is ramping up activity as oil prices recover from the economic crisis, said the company's General Manager/Managing Director John L. Hendrix, highlighting that Qarun is targeting the production above 2009 levels during 2010
  • Towards a brighter future in natural gas production
    Downstream

    Towards a brighter future in natural gas production

    Monday, 29th December 2014
    Natural Gas distribution continues to occupy major importance in MENA region as it is considered one of the investment priorities of the country
  • Fueling the industry with foreign investment
    In Focus

    Fueling the industry with foreign investment

    Monday, 29th December 2014
    Over the last quarter of 2009, rumors spread in every corner in the country claiming that major foreign companies plan to decrease, if not discontinue, the volume of their investments and operations in the country due to the deteriorating status of the industry. Some said that foreign partners do not get their share from the EGPC and that negatively affected their financial standard. That is why we raised the question: what is the investment budget of foreign companies in 2010?
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during November 2009.
  • Mixed expectations for a possible recovery
    In Focus

    Mixed expectations for a possible recovery

    Monday, 29th December 2014
    A full year of economic recession came to an end, but still not fully solved yet. However, the beginning of 2010 has been filled with hopes for global economic recovery, combined with mixed expectations concerning a possible national revival of the petroleum sector during this year
  • Japanese dilemma of oil and gas imports
    In Review

    Japanese dilemma of oil and gas imports

    Monday, 29th December 2014
    Though its economy is considered the second largest in the world, approximately $5.8 trillion in terms of GDP, after the U.S. and China, Japan is struggling to secure its energy sources as the country is heavily depending on the oil and gas imports to satisfy the local demand.
  • Chaos can turn negative into positive
    Political Review

    Chaos can turn negative into positive

    Monday, 29th December 2014
    The simmering tensions between Egypt and Algeria resulted in a new petroleum export deal
  • Time to get rid of restrictions
    Interview

    Time to get rid of restrictions

    Monday, 29th December 2014
    Believing that the Egyptian petroleum sector bears heavy burdens that are challenging its prosperity, Geologist Samy Shahine, former deputy chief of exploration and petroleum agreements at the EGPC, advisor of the Industry and Energy Committee of the People’s Assembly and member of the Energy Committee of the National Democratic Party (NDP) opens his chest and shares his views for a favorable environment of investments and petroleum activities in Egypt
  • QHSE Integrated Management System and ISO 9001, 14001 and 18001 certificates
    HSE

    QHSE Integrated Management System and ISO 9001, 14001 and 18001 certificates

    Monday, 29th December 2014
    The new world trend now is to integrate the quality, health, safety & environment in one management system (QHSEIMS) to enable the organization manage their management systems and achieve the certificates in one go. Certification to the ISO 9001:2008, ISO 14001:2004 & OHSAS 18001:2007 is not an easy process, it need a big efforts, commitment and team working as it requires compliance to the regulatory requirements as well as the standard requirements including continual improvement.
  • Environmental Services Specialist researches on reducing Carbon Footprint of Drilling Process
    HSE

    Environmental Services Specialist researches on reducing Carbon Footprint of Drilling Process

    Monday, 29th December 2014
    Leading environmental services specialist Total Waste Management Alliance (TWMA) has completed a research project aimed at helping operators reduce the carbon footprint of the drilling process.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during October 2009.
  • High potentials reflected in discoveries boom
    In Focus

    High potentials reflected in discoveries boom

    Monday, 29th December 2014
    Since the beginning of 2009, most of speculations revolved around the slowdown of operations in the petroleum sector, not only in Egypt but also worldwide due to the market instability and the international prices fluctuations. Although some of these assumptions turned to be true, the wheel of oil and gas discoveries in Egypt has proved that nothing would stop it
  • Africa swims over oil seas
    In Review

    Africa swims over oil seas

    Monday, 29th December 2014
    Until recently, big oil companies gave little thought to south Saharan African beyond the coast of Nigeria and Angola
  • Russia worries about the price of oil, not a nuclear Iran
    Political Review

    Russia worries about the price of oil, not a nuclear Iran

    Monday, 29th December 2014
    U.S. President Barack Obama's visit to Russia has seen over $1.5 billion of company deals unveiled, but a longer term step-change in business between the nations will depend on Moscow boosting the rule of law
  • When energy storage is big business
    In Review

    When energy storage is big business

    Monday, 29th December 2014
    Fifty oil tankers anchored off British coast refusing to unload as they lie in wait for fuel price hikes
  • U.S.A and China: The rapport policy
    In Review

    U.S.A and China: The rapport policy

    Monday, 29th December 2014
    The agenda of the next meeting of global climate change, scheduled next December in Copenhagen, focuses on negotiating global agreement for reducing greenhouse gas emissions meeting will include representatives from 200 countries who will gather in this capital. Many analysts in the international community believe that the U.S and China, the world’s dominant producers of carbon emissions, should play a major role to set the agenda for global climate efforts
  • Weaker dollar leads to healthier oil recovery
    Political Review

    Weaker dollar leads to healthier oil recovery

    Monday, 29th December 2014
    The last month witenessed an increase of oil prices, which exceeded the edge of $70 per barrel, reflecting some, regain of the previous session’s losses associated with the beginning of global economic recovery and a weaker U.S dollar
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during September 2009.
  • Mixed reactions… with or against the subsidies removal!
    In Focus

    Mixed reactions… with or against the subsidies removal!

    Monday, 29th December 2014
    Despite the recent campaign waged by an independent newspaper about the cancelation of energy subsidies followed by a series of ministers’ announcements last month, it did not in fact catch the eye as the government’s decision is a one-year old
  • Mansora’s horizontal success in Delta
    Interview

    Mansora’s horizontal success in Delta

    Monday, 29th December 2014
    Since its establishment in 2004, El-Mansoura Petroleum Co has been recognized by a series of oil and gas significant discoveries and known for its considerable achievements over the past five years, since it has commenced its operations, which is a short period of time. Eng. Ahmed El-Aidy, Mansoura Chairman recalls the early phases of El-Mansoura, calling himself the "Son of Delta"
  • Gas reserves up, prices down
    In Review

    Gas reserves up, prices down

    Monday, 29th December 2014
    The riddle of natural gas prices is still puzzling the experts and analysts who failed to reach an accurate reason behind the sliding prices of natural gas, despite the beginning of seasonal hurricanes usually leading to high prices and more demand
  • One step forward
    Political Review

    One step forward

    Monday, 29th December 2014
    Despite the extensive dispute in Israel, the Israel Electric Corporation agreed to pay much more for the Egyptian natural gas
  • Chinese oil heads straight to Iran
    Political Review

    Chinese oil heads straight to Iran

    Monday, 29th December 2014
    Chinese state companies have started last month supplying Iran with oil without intermediaries
  • UNESCO slump
    Political Review

    UNESCO slump

    Monday, 29th December 2014
    Irina Bokova was elected UNESCO Director General in a suspenseful fifth round to defeat the Egyptian candidate Farouk Hosny
  • Global economy at risk from oil price rise
    Political Review

    Global economy at risk from oil price rise

    Monday, 29th December 2014
    Oil policy changes as well as prices after economy is nearing recovery
  • Oil is the market crystal ball
    Political Review

    Oil is the market crystal ball

    Monday, 29th December 2014
    With a stronger economic backdrop, demand for most goods will pick up, including for oil and money
  • Fluid Sampling System Collects Unprecedented Volumes in West Africa Field Enabling Operator to Manage Reservoir More Efficiently
    Technology

    Fluid Sampling System Collects Unprecedented Volumes in West Africa Field Enabling Operator to Manage Reservoir More Efficiently

    Monday, 29th December 2014
    ood reservoir management depends to a great extent on decisions made using high quality reservoir information. Much of that information is obtained from the capture and subsequent analysis of representative reservoir fluid samples. The preferred method for obtaining a representative reservoir fluid is to collect downhole fluid samples from the reservoir. In a cased-hole environment these are usually collected using slick/wire line conveyed samplers or tubing conveyed sample carriers. The use of a sample carrier allows multiple samples to be collected simultaneously.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during August 2009.
  • When lack of expertise strengthens capabilities!
    In Focus

    When lack of expertise strengthens capabilities!

    Monday, 29th December 2014
    Though the headline sounds illogical, it is true that the lack of expertise in any industry, especially in the highly dynamic ones such as the petroleum industry, should be a motivating reason for strengthening the capabilities and skills of existent personnel and paving the way for more professional cadres to emerge in order to be the right work guidance for the middle-age and fresh employers
  • Desertec… The new initiative of Siemens
    Interview

    Desertec… The new initiative of Siemens

    Monday, 29th December 2014
    Revealing its most recent project for a sustainable supply of energy, Peter Löscher, the Chief Executive Officer of Siemens AG – sheds light on the company’s initiative, "Desertec", describing it as a new generation for renewable energy
  • Eight exploration blocks released in the GoF
    Bid Round

    Eight exploration blocks released in the GoF

    Monday, 29th December 2014
    The Egyptian General Petroleum Corporation (EGPC) invites Petroleum Exploration Companies for the International 2009 Bid Round No.1 to explore / exploit for Oil and Gas in Egypt under the Production Sharing Agreement.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during July 2009.
  • Egypt’s investments on track
    In Focus

    Egypt’s investments on track

    Monday, 29th December 2014
    In any industry, the volume of investments represents the backbone of the industry's richness, development and effectiveness. The petroleum sector, being one of the leading industries in Egypt, aims at creating this favor environment to lure more investments to the country
  • West African Oil draws world’s attention
    In Review

    West African Oil draws world’s attention

    Monday, 29th December 2014
    Over the last eight months, the price indicators of crude oil and natural gas prices showed a tremendous fluctuation, while experts and economists have been doing their best to predict and analyze this important commodity that affects people’s lives. However, positive economic news has been spurring the recent crude oil rally that brought prices back up from $50
  • Fire & Explosion… How safe is your workplace?
    HSE

    Fire & Explosion… How safe is your workplace?

    Monday, 29th December 2014
    How to provide a safe working environment to your employees? How to maintain this safety and avoid any possible fire or explosion incidents? This can be summarized in five words; Dangerous Substances and Explosive Atmospheres Regulations 2002 –usually known as DSEAR.
  • Obama seeks Mubarak’s help with Mideast
    Political Review

    Obama seeks Mubarak’s help with Mideast

    Monday, 29th December 2014
    Egyptian President Hosni Mubarak made his first trip to Washington in over five years after strained relationship with former U.S. President George W. Bush
  • Iran’s unrest will not lead to higher oil prices
    Political Review

    Iran’s unrest will not lead to higher oil prices

    Monday, 29th December 2014
    Despite oil prices have doubled since the beginning of this year, amid hopes that an economic recovery could boost demand, the price of a barrel of oil has fallen four percent since the presidential election held in Iran last month
  • CobraMax H Service
    Technology

    CobraMax H Service

    Monday, 29th December 2014
    An issue with coiled tubing-based pinpoint stimulation for multizone fracturing has been that large-diameter coiled tubing was required to achieve the high rates and fluid volumes, velocities and downhole pressures required for perforating and fracturing. The 2-3/8-in. or 2-7/8-in.-diameter coiled tubing imposed depth limitations due to the additional weight and the reel capacity of conventional coiled tubing units. Fortunately, recently developed technology has eliminated these shortcomings.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during June 2009.
  • A 10-years Journey
    In Focus

    A 10-years Journey

    Monday, 29th December 2014
    Throughout the last ten years, the Egyptian petroleum sector has witnessed a series of successful achievements under the chairmanship of Eng. Sameh Fahmy
  • Fluctuating rig market
    In Review

    Fluctuating rig market

    Monday, 29th December 2014
    Before analyzing the fluctuating rigs market in the shadow of the current price drops, a full picture of the market conditions over the last two years should be presented in order to make an evaluation of the present situation. As a matter of fact, the year of 2007 is considered as a base-year for upsurge of commitments and construction of rigs, and the first six months of 2008
  • BG achieved world-class records in avoiding Lost Time Injury
    HSE

    BG achieved world-class records in avoiding Lost Time Injury

    Monday, 29th December 2014
    Tim Blackford, BG Egypt President, sheds light on the strategies and policies of HSE applied by the BG Group, in Egypt and worlwide
  • Intensive European tour by Mubarak
    Political Review

    Intensive European tour by Mubarak

    Monday, 29th December 2014
    Egyptian President Hosni Mubarak called for Europe to improve cooperation with the southern Mediterranean states in order to confront the global economic crisis
  • China’s race into the oil market is in trouble
    Political Review

    China’s race into the oil market is in trouble

    Monday, 29th December 2014
    Will the deadly riots and clashes erupted in China affect the stability of the world's most populous country and the second largest oil consumer?
  • A necessity for diversifying
    Political Review

    A necessity for diversifying

    Monday, 29th December 2014
    There has been some de-linkage between oil prices and economic growth, as countries try to diversify, but at the end of the day, oil revenues are what drive the economies of the region
  • A marked drop in financing activity!
    Interview

    A marked drop in financing activity!

    Monday, 29th December 2014
    William Stevens, Global Head of the Upstream Oil & Gas, Director of Resources and Energy Group, HSBC Bank sheds light on the financing strategies and the projects calendar in 2009, in the shadow of the current credit crisis
  • Technology advancement, the engine for E&P
    In Focus

    Technology advancement, the engine for E&P

    Monday, 29th December 2014
    Despite the slight increase of oil prices, swinging at the $60 per barrel edge, after the dramatic fall down, service companies have modified their pricing strategy to cope with the current market conditions and ensure the spread of their technologies
  • Obama picks Egypt as speech venue
    Political Review

    Obama picks Egypt as speech venue

    Monday, 29th December 2014
    U.S President Barack Obama will visit Egypt this month to deliver his promised address to the Muslim World, culminating a long and politically sensitive selection process by choosing Egypt as his venue
  • Oil vs. tourism in the North Coast
    Political Review

    Oil vs. tourism in the North Coast

    Monday, 29th December 2014
    The wheel for exploring new areas to boost the oil production in Egypt has been searching in every corner. Lately, the North Coast Area, used to be known as a magnificent touristic spot, has attracted the focus as a new virgin area for oil and gas E&P
  • New bid-rounds for old potentials
    Political Review

    New bid-rounds for old potentials

    Monday, 29th December 2014
    The first-ever Afghanistan bidding round attracts major players The Ministry of Mines, on behalf of the Government of the Islamic Republic of Afghanistan, launched the First Afghan Hydrocarbon Bidding Round 2009 to initiate hydrocarbon exploration in Northern Afghanistan.
  • Weatherford Fracturing services Now in Egypt!
    Technology

    Weatherford Fracturing services Now in Egypt!

    Monday, 29th December 2014
    After the outstanding success in the US, Argentina, Mexico and Russia, Weatherford Fracturing service is now in Egypt. Weatherford’s Stimulation & well services Technologies group is committed to providing the highest level of safety, service follow in the Weatherford tradition of service excellence and professionalism.
  • Renewable Energy Era
    In Review

    Renewable Energy Era

    Monday, 29th December 2014
    In 2008, record oil prices caused a big push for clean energy. Demand for Polysilicon drove prices up and producers’ share prices went along with them. Those who controlled the bulk of the supply chain and buffered themselves against spikes were able to make the most out of the panel (price run up). Then oil and the global economy fell off a cliff
  • INTERGAS V… Future Energy Challenges
    Events

    INTERGAS V… Future Energy Challenges

    Monday, 29th December 2014
    INTERGAS V became the must-attend event for all companies operating in the oil, gas and petrochemical industries and aiming at enhancing or boosting their businesses in Egypt.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during May 2009.
  • Safety is NEVER achieved by CHANCE!
    In Focus

    Safety is NEVER achieved by CHANCE!

    Monday, 29th December 2014
    Striving for revenues and production records and fulfilling corporate goals for high achievements should not be the sole concern to focus on. Each petroleum entity or corporation has several duties towards the environment and employees have rights to keep their health and safety intact. This can be summarized in three words Health, Safety and Environment(HSE)
  • Workplace Risk Assessment
    HSE

    Workplace Risk Assessment

    Monday, 29th December 2014
    "Any establishment and its branches shall carry out an evaluation and analysis of the risks and of the expected industrial and natural disasters, and prepare an emergency plan for protection of the establishment and its workers in the event of an occurring disaster, providing the effectiveness of this plan shall be tested and etc" (Egyptian Labors Law # 12/2003 5th book, Article # 215)
  • Impact on rig markets
    In Review

    Impact on rig markets

    Monday, 29th December 2014
    The current economic crisis cast its shadow on all producing activities including oil industry, which used to generate trillions of dollars, but now, many oil producers and relevant services companies sustain loss of billion dollars. Undoubtedly, the economic crisis made biggest companies to shrink their activities in exploration and exploitation, excluding the developing countries, which are compelled to produce under any circumstances and whatever the prices are, to fulfill government budget cash inflows
  • More flexibility needed to lure investments, Oil refining companies will not be exempted from taxes
    Political Review

    More flexibility needed to lure investments, Oil refining companies will not be exempted from taxes

    Monday, 29th December 2014
    Egypt was about to take a step towards expanding its refining sector after the financial crisis and a new tax regime applied to the country’s industrial zones have already hampered plans to upgrade Egypt’s refining capacity
  • When the forgotten becomes the lead
    In Focus

    When the forgotten becomes the lead

    Monday, 29th December 2014
    When it was first produced, it did not have the value it has nowadays. It used to be burnt to get rid of, while now it has become a vital commodity; almost as valuable as oil. Natural gas has been targeted all over the world and Egypt, being classified as the second producer of gas in Africa, after Algeria, measures should be taken into consideration to better utilize and benefit from this gift
  • Weighing the balance after the shut down
    Political Review

    Weighing the balance after the shut down

    Monday, 29th December 2014
    The collapse of oil prices has led many oil producers to pack up their rigs and stow their jacks, yet, some other producers were satisfied by cutting costs. As a matter of fact, many refineries were shut down due to the low oil prices, while others warns that it will lead to a spike of oil prices in the coming years
  • When the G20 met
    Political Review

    When the G20 met

    Monday, 29th December 2014
    The G20 agreed an economic recovery package of more than $1 trillion and new regulations for financial institutions
  • H-1 Device introduces new TPAD cleaning techniques
    Technology

    H-1 Device introduces new TPAD cleaning techniques

    Monday, 29th December 2014
    While mining no precious (ordinary), semiprecious and precious minerals, such as silver and gold, people learned to extract from the depths of the earth huge amounts of unique mineral resources known as oil which is rightfully called the "black gold"
  • 3M dedicates itself to Fire Protection
    Technology

    3M dedicates itself to Fire Protection

    Monday, 29th December 2014
    3M offers thousands of innovative solutions to the "Construction Industry" through an extraordinary range of technologies, products and services. From the world's strongest adhesives to vibration dampers and an extensive range of 'Fire Protection products.' Every day, 3M's scientists devote themselves to develop and test innovative fire stop solutions, designed to help save lives.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during April 2009.
  • BG’s 20-year journey in Egypt
    Interview

    BG’s 20-year journey in Egypt

    Monday, 29th December 2014
    Seizing the occasion of celebrating 20-year partnership in Egypt, BG Egypt President Tim Blackford takes us to the company’s long and outstanding journey, throughout which this leading British-based company has been crowned as one of the biggest investors in the country and an indispensable partner of success
  • Going offshore, sailing to the future!
    In Focus

    Going offshore, sailing to the future!

    Monday, 29th December 2014
    Despite the distinguished production increases attained by the Ministry of Petroleum, exceeding expectations and scoring unprecedented achievements, the question raised, for how long will the Ministry be able to maintain the same rates of increase? By what means it can keep booming the production? Many experts that a production sustainability can be fulfilled through offshore investments; the real route to a prosperous future
  • Middle East’s complex situation
    Political Review

    Middle East’s complex situation

    Monday, 29th December 2014
    After one-sidedly severing ties with Tehran, Rabat claims that Iran is to be blamed for the situation due to its lack of respect for Morocco
  • Libyan congresses delay Gaddafi’s oil share-out plan
    Political Review

    Libyan congresses delay Gaddafi’s oil share-out plan

    Monday, 29th December 2014
    Libya's People's Congresses, the country's highest authority, have voted to hold-up President Muammar Gaddafi's plan to disband the government and give oil money directly to the people
  • The indictment against Sudan’s Al-Bashir
    Political Review

    The indictment against Sudan’s Al-Bashir

    Monday, 29th December 2014
    The International Criminal Court against Sudanese President Omar Al-Bashir is set to take a toll on Egypt's national security
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during March 2009.
  • A symphony of continuous discoveries
    Interview

    A symphony of continuous discoveries

    Monday, 29th December 2014
    Despite the speculations of most analysts expecting the slow down and deterioration of the energy sector in Egypt, Dana Gas has broken these theories through a shower of successful gas discoveries. This is just the beginning and yet more to come, said Dr. Hany El-Sharkawy, Dana Gas Country Director
  • Glimmer of hope in the heart of crisis
    In Review

    Glimmer of hope in the heart of crisis

    Monday, 29th December 2014
    The credit crunch has destroyed faith in the free market ideology, which has dominated the Western economy for a generation. But should it be replaced? Over the coming weeks, a wide debate to be conducted over this controversial political issue
  • Oil prices fall as demand downturn
    In Review

    Oil prices fall as demand downturn

    Monday, 29th December 2014
    The dramatic situation of oil prices is apparently dire. It deems that Top officials of two camps disperse rumors, which affect oil prices between downturn as imaginative cuts and prospective economy recovery. Actually, as common practice, prices are oscillating but incline to down. Using gas as clean energy is increasingly accepted, particularly in Europe and U.S.A, and their gas outlook can possibly leads to oil price falls
  • $725-million program to develop Gupco’s fields and Rehab production facilities
    Interview

    $725-million program to develop Gupco’s fields and Rehab production facilities

    Monday, 29th December 2014
    The year of challenges! This is how Geologist Mohamed Refaat Khafagy, Chairman and Managing Director of the Gulf of Suez Petroleum Company (GUPCO), described the company’s plan in 2009, where the main focus revolves around field development and production optimization to achieve production forecast
  • PICO 4 to foster the integrated service concept in Egypt
    In Focus

    PICO 4 to foster the integrated service concept in Egypt

    Monday, 29th December 2014
    PICO '4', the world's largest and most technically advanced liftboat sets to change the mindset of workover in the GOS. Sherif Wadood, Managing Director of PICO Energy Holding, sheds light on how it would be of benefit to the market
  • Field Development back on track!
    In Focus

    Field Development back on track!

    Monday, 29th December 2014
    When the wheel of new explorations slows down, costs become unaffordable, and new investments draw back, then it is time to get back to the old fields and turn on the engine of development. In the shadow of the current global economic crisis, initiating new E&P projects is no longer on the top of list set by the petroleum companies this year, therefore the most suitable alternative to keep an ongoing oil and gas production is summarized in two words; Field Development
  • Diversification of energy resources
    Political Review

    Diversification of energy resources

    Monday, 29th December 2014
    It is no longer knotty to imagine Egyptian gas flowing into Europe by 2013 Last month, Budapest hosted a significant summit bringing together presidents and heads of governments who represent the potential partners for a gigantic 3,300-km gas pipeline, Nabucco. Worth $12 billion, this pipeline is to transport gas from the Caspian Basin and Central Asia via Georgia and Turkey to Bulgaria, Hungary, Romania, and Austria, circumventing Russia, central to the EU’s energy diversification strategy.
  • More exclamation marks
    Political Review

    More exclamation marks

    Monday, 29th December 2014
    Egyptian Appeals Court overturns November ruling cancelling gas export deal between Israel and Egypt The Supreme Administrative Court canceled the First Instance Court’s ruling to stop gas exports to Israel, thereby accepting the appeal that was filed by the government. The court explained that the decision to sell surplus gas to the Eastern Mediterranean, including Israel, was issued within the scope of the political function of the sovereign government; a sovereignty that the constitutional, administrative and normal judiciary does not control.
  • Moving alone
    Political Review

    Moving alone

    Monday, 29th December 2014
    Senators in Washington say have reached agreement on a huge economic stimulus package designed to revitalise the U.S. economy
  • Near Bit Sensors Create ‘Formation Evaluation-While-Geosteering’ Capability
    Technology

    Near Bit Sensors Create ‘Formation Evaluation-While-Geosteering’ Capability

    Monday, 29th December 2014
    Advances in directional drilling technology have enabled more complex trajectories to be drilled and brought hard-to-reach reservoirs within range. These drilling technology advances have driven the parallel development of near bit sensor technology that serves both the driller and the petrophysicist. This “formation evaluation-while-geosteering” capability capitalizes on advances across the spectrum of at-bit sensor technology, from the most fundamental inclination-only sensors for rotary steerable drilling, to an azimuthal focused resistivity sensor with a “resistivity-at-bit” measurement for rotary steerable and motor applications.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during February 2009.
  • Vegas booms on the exploration route
    Interview

    Vegas booms on the exploration route

    Monday, 29th December 2014
    Since the end of last year, Vegas Oil & Gas has been impressing the petroleum sector with its exploration hits in the North West Gemsa, which are the first of their kind in this area. The series of successful achievements over a short period of time have grabbed the attention towards the Greek company. Mr. Adam Vavourakis, General Manager of Vegas Oil & Gas shares his views and plans with Egypt Oil & Gas
  • Next-generation Developments in Logging Technologies
    Technology

    Next-generation Developments in Logging Technologies

    Monday, 29th December 2014
    Halliburton Wireline and Perforating Services have been focused on product development in recent years, resulting in a full suite of advanced logging tools that are helping operators overcome the challenges of the oilfield. Customers are especially excited about these technologies because they have been crafted and refined with customer input to directly solve high-value problems.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during December 2008.
  • Abu Qir, a new guaranteed challenge for Edison
    Interview

    Abu Qir, a new guaranteed challenge for Edison

    Monday, 29th December 2014
    The recent $1.4 billion-“historical deal” between Edison S.p.A and the Egyptian General Petroleum Corporation has grabbed the sector’s attention for the gigantic re-entry of the Italian company into the Egyptian petroleum field once more. Edison’s Chief Executive Officer Umberto Quadrino reveals to Egypt Oil & Gas the company’s plan to boost the offshore fields of Abu Qir
  • Time to think alternatively
    In Review

    Time to think alternatively

    Monday, 29th December 2014
    Undoubtedly energy is connected with economic life, where energy producers always look at global economy to measure wealth growth that is why we concentrate on economic cycle and its effects on all sectors, specifically crude oil as a vital source of energy
  • New Developments in Chemical Stimulation of Gas Condensate Wells
    Technology

    New Developments in Chemical Stimulation of Gas Condensate Wells

    Monday, 29th December 2014
    Natural gas wells are susceptible to condensate drop out, as the wells are typically operated below the dew point pressure of the reservoir. The condensate accumulates in the near well bore region, which results in a decrease in production. Even in a lean gas reservoir (<1% dropout), significant amounts of fluid can accumulate reducing production by a factor of two or three. The amount of blocking depends on several factors including fluid properties, formation characteristics, flow rate and pressure.
  • Gaza ceasefire eases oil prices
    Political Review

    Gaza ceasefire eases oil prices

    Monday, 29th December 2014
    The Oil price has been raised briefly on fears of heightened tension in the Middle East following Israel's offensive attacks on the Gaza Strip while after the cease-fire edged the prices lower
  • European energy stability in the Russian hands
    Political Review

    European energy stability in the Russian hands

    Monday, 29th December 2014
    Signing a 10-year gas deal between Russia and Ukraine has put an end to the large dispute that caused more than 15 nations to scramble for alternative sources of energy
  • The Petroleum Masters Championship
    In Focus

    The Petroleum Masters Championship

    Monday, 29th December 2014
    The ongoing hunting race for oil production is never limited; the E&P wheel never stops and each operator is not only seeking the economic profit it can add to his treasury, but also he is competing for taking the lead as the top achiever of the year
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during January 2009.
  • Much ado about cartel
    Political Review

    Much ado about cartel

    Monday, 29th December 2014
    Since the announcements made last month by the world's three biggest reserves of natural gas; Russia, Iran, and Qatar, about their attempt to establish an OPEC-style organization for natural gas exporters, speculations about the formation of the natural gas cartel were sparked worldwide
  • The Truth about Tape Part II
    IT

    The Truth about Tape Part II

    Monday, 29th December 2014
    Over the last few decades, the IT industry has been the battleground for a number of heated debates concerning the future of technology. One of the most interesting debates revolves around "Tape versus Disk" that has raged for years
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during November 2008.
  • Optimism despite the economic collapse
    In Focus

    Optimism despite the economic collapse

    Monday, 29th December 2014
    Despite the status of worries and anxieties dominating the rig market and postulations of how far would the global economic crisis affect the industry, most of the key petroleum players have kept their 2009 plans unaltered; believing that it will not be as worse as analysts assume and opting for the relief to come soon
  • What the current economic crisis holds in store for the rig market
    In Focus

    What the current economic crisis holds in store for the rig market

    Monday, 29th December 2014
    With the fall of crude oil prices to below $40 a barrel, the future of the international rig market does not seem bright
  • Rig production to increase in 2009
    Interview

    Rig production to increase in 2009

    Monday, 29th December 2014
    In the shadow of the current global economic collapse, rumors and concerns spread in every corner stating that the E&P operations in Egypt are to decline and that recent demands for rigs have been cancelled. Eng. Mohamed El-Gohary, President of the Egyptian Petroleum HH for Rig Manufacturing Co (EPHH) replies to these rumors affirming that this strategic industry is in fact flourishing
  • Gangs of Somali pirates!
    Political Review

    Gangs of Somali pirates!

    Monday, 29th December 2014
    Regardless the poverty, lawlessness, chaos and desperation dominating Somalia, a highly organized, lucrative, ransom-driven business, piracy, has been formed, imposing its threats on one of the world’s main marine routes. Over last year, more than 25 ships were hijacked and in many cases, they were paid million-dollar ransoms to release them. The juicy payoffs have attracted gunmen from across Somalia, and the pirates are thought to number in the thousands, augmenting the economic and political drawbacks over the region
  • Decline in OPEC’s power
    Political Review

    Decline in OPEC’s power

    Monday, 29th December 2014
    Despite the oil producers' cartel OPEC has agreed to make a record cut in output, oil prices continue to fall
  • By law, no more gas to Israel
    Political Review

    By law, no more gas to Israel

    Monday, 29th December 2014
    The historic court rule to overrule the controversial 20-year deal on gas exports to Israel has generated a wave of public satisfaction and increased concerns about the efficiency of strategies and pricing systems of the government
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during September 2008.
  • Echo of Collapse
    In Focus

    Echo of Collapse

    Monday, 29th December 2014
    Since the globalization ideology has been adopted, the whole world has turned into one small village; connected in every aspect of life, whether socially, politically, economically...etc. therefore, if a disaster in the western hemisphere occurs, it will consequently have its negative effects on the eastern hemisphere! And, that is the case with the current world economic collapse! Though the Egyptian economy is still categorized as a developing one, the echo of this dramatic collapse will, possibly, impose its negative impact on the country
  • Flow rate high at Suez Gemsa
    In Focus

    Flow rate high at Suez Gemsa

    Monday, 29th December 2014
    Britain-based Circle Oil and Premier Oil have struck oil and natural gas in their onshore North West Gemsa Concession in Egypt
  • Oil in disequilibrium
    Political Review

    Oil in disequilibrium

    Monday, 29th December 2014
    The turbulence in oil markets in the past couple of months was, perhaps, a shock for many speculators. It was only a few months ago that oil traded at $147 a barrel. Today, it trades around $70 a barrel (if not less), a fall of more than 50%
  • The Truth about Tape (Part I)
    IT

    The Truth about Tape (Part I)

    Monday, 29th December 2014
    Over the last few decades, the IT industry has been the battleground for a number of heated debates concerning the future of technology. One of the most interesting debates revolves around "Tape versus Disk" that has raged for years. Disk defenders have claimed that tape is dead for many years, while tape defenders claim that tape is strong and growing up, neither dead, nor dying like foot soldiers in the Civil War
  • British Airways announces FIRST upgrade for price of Club World
    Advertorial

    British Airways announces FIRST upgrade for price of Club World

    Monday, 29th December 2014
    British Airways is offering a free one-way upgrade to FIRST for customers purchasing a Club World return ticket departing from Cairo to London, USA or Canada. The offer is valid for tickets purchased / journeys between the 7th of October 2008 and the 31st of March 2009.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during October 2008.
  • Fahmy: Time for Russian ties
    In Focus

    Fahmy: Time for Russian ties

    Monday, 29th December 2014
    Over the past two months, there have been intensive discussions and negotiations between the Egyptian petroleum top officials and their Russian counterparts studying the means to bolster the mutual cooperation between the two countries. Why is Russia becoming today’s world attention? What benefits would the Russian cooperation generate to Egypt? Hady Fahmy, President of the Egyptian Chamber of Petroleum and Mining sheds lights on the fruitfulness of the Russian-Egyptian ties
  • More Russian wave to flood into Egypt
    In Focus

    More Russian wave to flood into Egypt

    Monday, 29th December 2014
    Becoming today’s world hub, economically and industrially, Russia has been symbolizing the ideal gateway for most nations seeking prosperity and wealth by strengthening mutual ties. Following this strategy, Egyptian officials have worked closely with their Russian counterparts to revive the mutual cooperation between the two countries and bring more investments in the country
  • Booming increase in the phosphate market
    In Focus

    Booming increase in the phosphate market

    Monday, 29th December 2014
    Since the initiation of the Abu Tartour phosphate project any Egypt three years ago, no fruitful production or achievement were made as planned, leading to an enormous economic loss and a wide public opposition blaming the government for this failure! However, the current unparalleled alternations dominating the phosphate market worldwide has brought lights of hope
  • Sigma Guard EHB
    Technology

    Sigma Guard EHB

    Monday, 29th December 2014
    "Resistant for many chemicals plus potable water and sea water"
  • What is Storage Virtualization? Part I
    IT

    What is Storage Virtualization? Part I

    Monday, 29th December 2014
    As discussed before in the previous episode "How to select Mid Range Storage?", Fiber Channel Storage category selection is a critical process that needs proper sizing in order to have the best fit solution and gain the intended benefits of SAN Storage Solutions.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during August 2008.
  • What is Storage Virtualization? Part II
    IT

    What is Storage Virtualization? Part II

    Monday, 29th December 2014
    Storage Virtualization Definition Simply, it is the ability to have single point of management for all storage devices. At its core, the storage virtualization layer pools physical storage from multiple, heterogeneous network devices and presents a set of volumes for hosts to use (regardless of the storage brand).
  • Tharwa and Elab to join the Stock Market
    In Focus

    Tharwa and Elab to join the Stock Market

    Monday, 29th December 2014
    For a long time, the activity of petroleum companies in the Egyptian Stock Market was considerably limited; only two petroleum companies have been listed in the stock exchange. However, this will no longer be the case as more petroleum corporations are to join the stock world. Coping with the current plans to expand the petroleum participation rate, the Ministry of Finance revealed its intention to vend its shares in Tharwa Petroleum Co. and the Egyptian Petroleum Co. for Alkyl Benzene Production (Elab)
  • Seven blocks of EGAS on the scene
    In Focus

    Seven blocks of EGAS on the scene

    Monday, 29th December 2014
    The Egyptian Natural Gas Holding Company (EGAS) invites Petroleum Exploration Companies for EGAS International Bid Round 2008 to explore/exploit for Gas and Crude Oil in seven blocks situated in the Mediterranean Sea basin of Egypt
  • Between a rock and a hard place
    Political Review

    Between a rock and a hard place

    Monday, 29th December 2014
    At a time, when Egypt tries to put a brake on energy subsidies, a report issued last month by the Ministers Council's Information and Decision-Support Centre showed that Egypt's oil production has been on the decrease in 2007. The report said that Egypt is among the top countries that subsidize petroleum, making the prices of its products lower than international prices.
  • More discoveries booming Upper Egypt
    In Focus

    More discoveries booming Upper Egypt

    Monday, 29th December 2014
    Upper Egypt started a new phase in the history of the Egyptian petroleum industry
  • Full-Wave Seismic for Reservoir Analysis
    In Review

    Full-Wave Seismic for Reservoir Analysis

    Monday, 29th December 2014
    The need to increase hydrocarbon production is particularly acute in China. China produces nearly 5 Bcf/d of natural gas, and demand is expected to reach nearly 11 Bcf/d by 2010. To meet the demand, pressure is being brought to bear on the two main domestic producers, CNPC and Sinopec, to increase in-country production. The government has set a target to nearly double gas usage within the country’s energy mix to 5.3% in 2010 from 3% today.
  • Failed Summit? Jeddah oil summit apparently failed to bear fruit
    Political Review

    Failed Summit? Jeddah oil summit apparently failed to bear fruit

    Monday, 29th December 2014
    As oil prices continued to climb unprecedented highs, consumers and economies across the United States, Europe and much of the world have been negatively affected. Moreover, many countries have experienced social unrest and economic turmoil as a result of the food crisis augmented by soaring oil prices.
  • Introduction of High-Performance Water-Based Fluids in Ultra-Deep Offshore Wells in the East Mediterranean Sea
    Technology

    Introduction of High-Performance Water-Based Fluids in Ultra-Deep Offshore Wells in the East Mediterranean Sea

    Monday, 29th December 2014
    Over the years, operators drilling offshore and onshore in the Nile Delta area have searched for a high-performance water-based fluid (HPWBF) that can replace oil-based fluids and exhibit the same characteristics. Recently a new HPWBF has been introduced to the area that has helped close this gap.
  • Brown Fields Development Opportunities Emerging – Part II
    Technology

    Brown Fields Development Opportunities Emerging – Part II

    Monday, 29th December 2014
    As the crude oil prices are tremendously increasing; jumping above the $100, the development economics are totally changing. Minor, and mature or Brown Fields assets have considerable economic value evolved dramatically. Given the fact that technology is evolving exponentially enough to support non traditional hydrocarbon assets development, and to extremely pushing the recoveries to the highest limit
  • Time to drill horizontally!
    Events

    Time to drill horizontally!

    Monday, 29th December 2014
    Under the slogan “Overcome your Horizontal Challenges”, the Integrated Solutions for Horizontal Well Design Workshop was held in Sharm El-Sheikh, 7-10July 2008. Through this three-day event, coordinated by Eng. Ahmed El-Aidy, Workshop Chairman & Mansoura Petroleum Company Chairman and Managing Director, more than 17 speakers contributed with their expertise and technical papers covering various aspects of the Horizontal Drilling. The 76 delegates had the opportunity to be exposed to such a variety of presentations and their interactions during the discussion rounds reflected the increasing awareness of Horizontal Drilling in Egypt and the vitality of its application.
  • Oil field developed with horizontal wells
    Events

    Oil field developed with horizontal wells

    Monday, 29th December 2014
    In a private seminar organized by Pico Integrated Solutions, Expert Sam Metcalfe, Blackwatch Petroleum Services discussed the case history of a North Sea oil field developed with horizontal wells
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during July 2008.
  • From one crisis to another
    In Focus

    From one crisis to another

    Monday, 29th December 2014
    A shortage of subsidized 80-octane gas has spread from Greater Cairo to other parts of the country, as the gasoline completely disappeared from gas stations in light of drivers' rush to buy it due to its low price
  • Fuel Fears
    Political Review

    Fuel Fears

    Monday, 29th December 2014
    Oil prices continued to make headlines throughout the past weeks. Soaring prices of oil has become the talk of the town, augmenting fears that the global economy could see a wide-scale recession. Therefore, Energy ministers of the advanced nations last month expressed serious concerns about soaring oil prices and urged oil-producing countries to increase production through greater investment and provide more transparency on oil supply data.
  • Bio-fuel blamed for food crisis!
    Political Review

    Bio-fuel blamed for food crisis!

    Monday, 29th December 2014
    "The end of cheap food era," ran the headline of The Economist few months ago. The anticipation was but a prelude to an era that would witness a steady increase in food prices all over the world. Protests and demonstrations swept more than 30 countries and are still moving from one poor country to another, posing a serious threat to global social security
  • Mid-way to 2008 achievements’ road
    In Focus

    Mid-way to 2008 achievements’ road

    Monday, 29th December 2014
    Starting the third quarter (Q3) of 2008, petroleum mega players have revealed the bag of their achievements accomplished during the first two quarters of this year. Some confirm they are on track as scheduled, while others assert they are ahead their plans; both are rigidly competing to hold the title of best achiever of the year. However, the current figures and numbers are the only measurement units which would roughly locate the positions of competitors in the mid race of 2008 top achiever for the time being.
  • Brown Fields development, where opportunities emerge
    Technology

    Brown Fields development, where opportunities emerge

    Monday, 29th December 2014
    As the crude oil prices are tremendously increasing; jumping above the $100, the development economics are totally changing. Minor, and mature or Brown Fields assets have considerable economic value evolved dramatically. Given the fact that technology is evolving exponentially enough to support non traditional hydrocarbon assets development, and to extremely pushing the recoveries to the highest limit.
  • New technology for well bore clean up and completions
    Technology

    New technology for well bore clean up and completions

    Monday, 29th December 2014
    MI SWACO Specialized tools has through the acquisition of SPS International (2006) being able to bring to Egypt the vast experience of Wellbore Bore Assurance and introduce for the first time in Egypt the Wellbore assurance practices in conjunction with MI SWACO DF and the Operator.
  • IBM 2008 Storage Forum
    IT

    IBM 2008 Storage Forum

    Monday, 29th December 2014
    IBM, the world’s Technology Inventor & the Information Technology Leader, held its annual Storage Forum last month, through which IBM has been crowned as the top provider of innovative technology, outstanding storage proven software, hardware and solution offerings in addition to unique performance. With the remarkable attendance of large number of guests representing the different industry sectors, IBM revealed its new and latest storage offerings, which have further strengthened the value and uniqueness of IBM products in this dynamic market.
  • MIDOR on the spot Will it be privatized?
    In Focus

    MIDOR on the spot Will it be privatized?

    Monday, 29th December 2014
    Over the past month, rumors were spread in every corner of Egypt claiming that the government is to start a privatization plan for the petroleum companies. Since then, a wave of disagreements, oppositions and discontents has dominated the petroleum scene, asking for replies and facts from the government in general and from the Ministry of Petroleum in particular
  • Storage Area Networks Concepts
    IT

    Storage Area Networks Concepts

    Monday, 29th December 2014
    Why do we use SAN Storage? Is it essential for any infrastructure? What type of problems will it solve? Do we need it to solve capacity problems only or there are other more pivotal issues? Will it have an impact on performance, scalability and upgradeability?
  • Evolution of hydraulic workover units to sidetrack drilling capability
    Technology

    Evolution of hydraulic workover units to sidetrack drilling capability

    Monday, 29th December 2014
    Nowadays, several of the world’s oil and gas regions are in a mature development phase, with many installations experiencing a decline in hydrocarbon production. Still, they offer the potential for significant reserves from untapped, bypassed or previously noncommercial pockets if there were an economical way to access the reserves.
  • Mi SWACO applies new technologies in the Mediterranean
    Technology

    Mi SWACO applies new technologies in the Mediterranean

    Monday, 29th December 2014
    Mi SWACO Branch in Egypt is registered as M-I Overseas Limited, Egypt Branch and is independently operating under the law 43 of 1976 for Free Zone companies. The Branch of Egypt is the head quarter of the Middle East operations. Egypt Branch Supplies full range of Drilling Fluids additives, Drilling Fluids Engineering Services, Bulk Operations Services, Liquid Oil Mud and Brine mixing and storage facilities.
  • The forgotten mines obstruct Egypt’s oil and gas route
    In Focus

    The forgotten mines obstruct Egypt’s oil and gas route

    Monday, 29th December 2014
    Though Egypt is one of the most heavily mined countries in the world, it has not acceded to the Mine Ban Treaty
  • Natural Gas may be a safe bet
    In Focus

    Natural Gas may be a safe bet

    Monday, 29th December 2014
    Amid fierce competition over energy, Liquefied Natural Gas (LNG) projects entice international corporations to speed up exploration efforts in Egypt
  • Bright prospects for petrochemicals
    In Focus

    Bright prospects for petrochemicals

    Monday, 29th December 2014
    Growing gas reserves at home and Kyoto Protocol drive up investments in Egypt’s petrochemicals industry
  • The SigmaFast curing range… Improved productivity through speed of cure
    Technology

    The SigmaFast curing range… Improved productivity through speed of cure

    Monday, 29th December 2014
    Sigma Protective Coatings is dedicated to the development, manufacture and supply of coatings to meet the very challenging needs of specific industries. With a heritage of outstanding expertise in coatings technology and decades of international investments in research and development for the Protective Coatings market, no company could be better place than Sigma to meet the fast-changing global challenges of this technically demanding sector.
  • How to Select Midrange Storage?
    IT

    How to Select Midrange Storage?

    Monday, 29th December 2014
    As discussed deeply in the previous episode “Storage Area Network Concepts”; (Oil & Gas Newspaper – May 2008 – Issue 17); Fiber Channel Storage is added to your infrastructure to raise servers’ performance as well as increasing systems’ scalability and availability. Moreover it gives you the capability to go for a tier-5 disaster recovery solution replicating data between two storage arrays that are placed one at Main Site while the other is located in the Disaster Recovery Site.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during May 2008.
  • Egypt halts new gas contracts
    In Focus

    Egypt halts new gas contracts

    Monday, 29th December 2014
    In a move considered as a victory for opposition, Minister of Petroleum Eng. Sameh Fahmy announced last month that the government will revise its natural gas export prices and will not sign new exportation contracts until the end of 2010
  • European Oils: Absolute Value? Attractive yield and PE
    In Review

    European Oils: Absolute Value? Attractive yield and PE

    Monday, 29th December 2014
    Oil sector strategy • Good earnings visibility and strong balance sheets should give the sector resilience in uncertain markets • On IBES 2009e PE, the sector is trading at 10-year low. Its PE relative is at a 14% discount to the market, excluding financials. Its yield relative on the same basis is 145% • Our strategists have an overweight stance on the oil sector because of its attractive valuation and defensive characteristics
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during March 2008.
  • StatoilHydro takes on the deep water challenges
    In Focus

    StatoilHydro takes on the deep water challenges

    Monday, 29th December 2014
    Being a "late entrant" to the Egyptian oil and gas market has not hindered Norway’s leading company StatoilHydro in joining this "promising area", but what are the challenges it is facing? How will it solve them? What are its plans? Per Johan Bugge, StatoilHydro General Manager in Egypt, exchanges with Egypt Oil & Gas the clarifications to all the queries and reveals the company’s target in strengthening its operations in the country.
  • Horizontally drilling new potentials II
    In Focus

    Horizontally drilling new potentials II

    Monday, 29th December 2014
    Shedding light on the Horizontal Drilling Technique in Egypt, and the fruitful outcomes it can bring to the oil and gas industry, Steve Gauld, Business Development Manager of Baker Hughes Egypt exchanges more information about this trendy methodology
  • Negotiations to increase gas prices set to fertilizer companies
    In Focus

    Negotiations to increase gas prices set to fertilizer companies

    Monday, 29th December 2014
    The Egyptian government is negotiating with a number of fertilizer companies operating in free zone areas to increase the price they pay in return for natural gas in order to compile with the international gas prices
  • Deep challenges open deep oil frontiers
    In Focus

    Deep challenges open deep oil frontiers

    Monday, 29th December 2014
    Despite the challenges, technology has evolved and revolutionized the exploration and expansion of current and new oil fields, especially the deep water well construction
  • Toyota Corp., the newest member in the Egyptian energy sector
    In Focus

    Toyota Corp., the newest member in the Egyptian energy sector

    Monday, 29th December 2014
    Talks by the Egyptian Natural Gas Holding Company (EGAS) with Toyota Corp on launching a drilling joint-venture for deep-waters operations have reached a very advanced stage
  • Will Russia become Egypt’s nuclear partner?
    Political Review

    Will Russia become Egypt’s nuclear partner?

    Monday, 29th December 2014
    "We believe that energy security is a major part of building a future for the country, and an integral part of Egypt’s national security system," thus spoke President Hosni Mubarak upon inaugurating an electricity power plant north of Cairo in September. Since President Mubarak announced that Egypt would tread the nuclear path to secure its every increasing energy needs, studies have been conducted to choose the right foreign partner which will cooperate in building Egypt's first set of reactors.
  • Yet another round
    Political Review

    Yet another round

    Monday, 29th December 2014
    Egypt will once again host the World Economic Forum this month, having managed to deliver a successful round in Sharm El-Sheikh in 2006.
  • Saving the US Economy
    Political Review

    Saving the US Economy

    Monday, 29th December 2014
    It seems that the U.S economy is heading towards a long-standing recession. With the credit crunch crisis, growing problems in Iraq, decreasing value of the US dollar vis-à-vis other main currencies, rising oil prices which exceeded the $100 dollar mark for the first time in decades came to cap it all. And as oil prices have risen about 16% this year, and the oil producers’ cartel, OPEC, has declined to raise output, the American administration, as a result, felt at sea and began to move and hold talks with oil-producing countries.
  • Improving the Performance of Drilling Fluids in the GOS of Egypt; saving two Casing Strings and completing a stable hole
    Technology

    Improving the Performance of Drilling Fluids in the GOS of Egypt; saving two Casing Strings and completing a stable hole

    Monday, 29th December 2014
    A Case History A challenging well in the Gulf of Suez of Egypt where the offset wells indicated numerous problems experienced throughout all the wells sections. The Well was drilled where both the 18 5/8” CSG & 7” Liner were saved and the wire-line logging ensured the stability of bore hole against the hydrostatic for more than 3,000psi differential pressure. DFT accepted the challenge and strived to be committed to High Quality Services.
  • TOPTECH Egypt wins Apache’s tender for Storage Infrastructure Consolidation Project
    Technology

    TOPTECH Egypt wins Apache’s tender for Storage Infrastructure Consolidation Project

    Monday, 29th December 2014
    Apache Egypt Companies, a key player in the Oil and Gas sector is eager to maintain its international standards through adapting topnotch IT solutions. TOPTECH Egypt IBM Business Partner - with its broad proficiency in implementing storage solutions in Egypt was the winning partner dedicated to work with Apache in order to achieve the project objectives.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during February 2008.
  • Horizontally drilling new potentials
    In Focus

    Horizontally drilling new potentials

    Monday, 29th December 2014
    Seeking higher productivity, prolongation of a reservoir’s commercial life, reduction of drilling costs… etc. have always symbolized the ideal targets for any oil or natural gas operator trying to achieve. Horizontal drilling has become one of the most valuable technologies ever introduced into the business, which leads to the attainment of these desired targets.
  • Holding a stake insures oil products flow
    In Focus

    Holding a stake insures oil products flow

    Monday, 29th December 2014
    With the unprecedented increasing rates of oil prices worldwide, risks of supplying the required amounts of oil products have became a point of concern to consider and investigate. Such worries reflect the reason why the Egyptian government represented in the Egyptian General Petroleum Cooperation (EGPC) maintains a stake in any new oil refinery constructed in Egypt
  • Fierce competition over Abu Qir gas field
    In Focus

    Fierce competition over Abu Qir gas field

    Monday, 29th December 2014
    Forty six companies joined the race of the bid launched by the Egyptian General Petroleum Corporation (EGPC) to develop the offshore Abu Qir gas field in 2007. The EGPC, which is seeking partners (Contractors) to farm into or contribute to the Abu Qir gas field, is expected to decide on the proposals by next June.
  • Cementing Iranian-Iraqi ties
    Political Review

    Cementing Iranian-Iraqi ties

    Monday, 29th December 2014
    The Iranian President Mahmoud Ahmadinejad’s visit to Iraq last month was a mixture of business and politics. Widely described as historic, this visit was the first by an Iranian leader in 29 years, and it was meant to further cementing bilateral relations between the one-time warring countries
  • From Gazprom to the Kremlin, business as usual
    Political Review

    From Gazprom to the Kremlin, business as usual

    Monday, 29th December 2014
    There has been a perplexing question that exercised the minds of many energy analysts after the election of Dmitry Medvedev, Gazprom's Chairman of the Board of Directors as Russia's president: will there be any change in its energy policies?
  • Dependable performance – superior protection
    In Review

    Dependable performance – superior protection

    Monday, 29th December 2014
    With unparalleled levels of experience and expertise in coating technology and many decades of investment in research and development of coatings, no company is better placed than Sigma Coating to answer the very specific and demanding challenges of the protective coatings industry. Established in 1722, Sigma is one of the world’s oldest paint and coating manufacturing companies. Today, we aim to develop, manufacture and distribute the finest products and deliver them around the world with the best customer service.
  • Filtration of Completion and Workover Fluids
    Technology

    Filtration of Completion and Workover Fluids

    Monday, 29th December 2014
    Weighted brines are commonly used to prepare oil and gas producing wells for completion and the initiation of production. These brines are often referred to as completion fluids. The proper type and concentration of brine is required in order to prevent blowouts and ensure well safety by balancing the formation pressure. If the system is under-balanced, when the formation pressure is greater than the well bore, oil and gas will enter the "hole" endangering the rig and crew. As a result, most work is performed in a slightly over-balanced situation, where the fluid pressure in the hole is slightly greater than the formation pressure. When over-balanced, large volumes of expensive brine may be lost to the formation. Since these fluids will come in contact with the formation, perforation and gravel pack, it is important that they be free of suspended solids so that they do not damage or reduce the permeability of these production zones.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during January 2008.
  • SAPESCO prepares its missiles to penetrate the land of fire!
    In Focus

    SAPESCO prepares its missiles to penetrate the land of fire!

    Monday, 29th December 2014
    Neither five million land mines nor security threats will hinder Sahara Petroleum Services Company S.A.E (Sapesco) from exploiting the lands of the second largest oil reserves country, Iraq. Kurdistan is the next station in the series of Sapesco’s ongoing expansions. Eng. Mamdouh Mahfouz, Sapesco’s President shares the new expansion plans and reveals exclusively to Egypt Oil & Gas Newspaper, for the first time, Sapesco’s 2008 plan to establish the Sahara Petroleum Service Holding Company.
  • GAS -to liquid (GTL): is it an attractive route for gas monetization? Part III
    In Review

    GAS -to liquid (GTL): is it an attractive route for gas monetization? Part III

    Monday, 29th December 2014
    GAS-to-liquid process involves the conversion of natural gas into a clean source of energy mainly diesel and naphtha.
  • Rashid and Burullus sail in the Mediterranean
    In Focus

    Rashid and Burullus sail in the Mediterranean

    Monday, 29th December 2014
    Rashid Petroleum (Rashpetco) and Burullus Gas Co. completed the fourth phase of the renovation and development held in the deep water area, worth $350 million.
  • Tart Field is back with 12 million cubic feet of gas
    In Focus

    Tart Field is back with 12 million cubic feet of gas

    Monday, 29th December 2014
    The Gulf of Suez Petroleum Co. (GUPCO) has received L.E. 12 million worth production facilities from Petrobel, which serve GUPCO’s plan to increase its natural gas production from Tart Field by an average of 12 million cubic feet of gas per day. Currently, GUPCO’s daily production accounts for 143 million cubic feet per day.
  • Chavez threatens to stop oil exports to US
    Political Review

    Chavez threatens to stop oil exports to US

    Monday, 29th December 2014
    It’s as if the US economy was needing yet another setback after the “credit crunch” and soaring oil prices that bordered on the $100 a barrel. Last month President Hugo Chávez launched into an angry tirade about stopping oil exports to the US if petroleum giant Exxon Mobil succeeds in freezing billions of dollars in foreign petroleum assets controlled by Venezuela.
  • Will Russia lead the Natural Gas Cartel?
    Political Review

    Will Russia lead the Natural Gas Cartel?

    Monday, 29th December 2014
    It seems that Russia is determined to come back as a key player in the international arena. To achieve this goal, the Russian government has been trying to expand its influence on Europe by tightening its grip on energy sources of the old continent. Indeed the Russian government succeeded at last to sign a landmark agreement with Kazakhstan and Turkmenistan two months ago, by virtue of which the main pipeline connecting natural gas from those two countries to Europe will pass through the Russian territories.
  • Simple, Reliable and Cost-effective Annular Isolation Using Swellable Elastomer Packer Technology
    Technology

    Simple, Reliable and Cost-effective Annular Isolation Using Swellable Elastomer Packer Technology

    Monday, 29th December 2014
    Reliability, simplicity and operating time are key considerations in designing any drilling and completion program in the oil and gas industry. This is especially true in offshore operations because of the considerably higher daily rig rates and operating costs. But it is also true on land and at remote locations where improved efficiencies are also desired.
  • Mashreq Gas Market… Is it the Middle East Bridge to the EU?
    In Focus

    Mashreq Gas Market… Is it the Middle East Bridge to the EU?

    Monday, 29th December 2014
    Since the implementation flag of the Euro-Mashreq Gas Project signalized the debut, hopes and anticipations have been directed to this 6-million Euros project that will strengthen regional cooperation in channeling natural gas from Arab countries to Europe. But, will it fulfill the hopes of the Arab countries and EU?
  • Gas-to-Liquid: Is it an attractive route for gas monetization? Part II GTL or LNG: Which route to choose?
    In Review

    Gas-to-Liquid: Is it an attractive route for gas monetization? Part II GTL or LNG: Which route to choose?

    Monday, 29th December 2014
    A gas producer is always trying to maximize his profit from this valuable hydrocarbon resource. His target revolves around the need to have a sustainable market for his gas at minimum operating cost and highest revenue.
  • Bhutto’s assassination is not the only reason
    Political Review

    Bhutto’s assassination is not the only reason

    Monday, 29th December 2014
    There is never a dull moment in the Middle East. And hence the prices of crude oil, produced mainly from this ever turbulent region, are always hanging in the balance. And as one oil trading expert put it, everybody wants calm when they are talking about pricing energy. But, calm is a missing word in the Middle East lexicon.
  • Holding Company warns against waste of funds in Agrium project
    In Focus

    Holding Company warns against waste of funds in Agrium project

    Monday, 29th December 2014
    Tension aroused between E-Agrium Company and the governorate of Damietta; as the latter accused the company for violating the contract terms concerning the construction of a complex for nitrogen production in Damietta.
  • Egyptian Southern Valley lures more oil firms
    In Focus

    Egyptian Southern Valley lures more oil firms

    Monday, 29th December 2014
    In less than a decade, Egypt's Southern valley has been revived with more international oil companies showing interest in the area, which uncover one of the lucrative richness of the Egyptian petroleum sector
  • Russia is back to the scene
    Political Review

    Russia is back to the scene

    Monday, 29th December 2014
    Many political analysts expected that Russia will not come back on track after the collapse of the Soviet Union in 1991. However, as Vladimir Putin became on the helm of the Russian state, he vigorously attempted to regain the international standing the Soviet nation used to have in the last century as a major power.
  • Advances in Drilling Waste Management:
    Technology

    Advances in Drilling Waste Management:

    Monday, 29th December 2014
    Award-Winning HCB™ Bulk Cuttings Transfer and Storage System Implemented in the UK North Sea
  • Unprecedented Arab oil revenues ring alarm bells for Israel
    Political Review

    Unprecedented Arab oil revenues ring alarm bells for Israel

    Monday, 29th December 2014
    “Someone’s gain is another one’s pain,” thus goes the proverb which precisely applies to the current political atmosphere in the Arab-Israeli conflict.
  • The subsidies debate… is this the time to face the truth!
    Political Review

    The subsidies debate… is this the time to face the truth!

    Monday, 29th December 2014
    For over a month now, debate about government subsidies has dominated the political scene. The debate sparked after government officials announced that it is studying the possibility of cutting government subsidies to basic commodities, including petrol.
  • In pursuit of energy independence
    Political Review

    In pursuit of energy independence

    Monday, 29th December 2014
    A new bill passed in December by the US Congress with the aim of increasing car fuel efficiency is widely believed to be a step towards cutting the amount of oil imported from the Arab Gulf countries by half in by 2020. The new law imposes new measures to increase the efficiency of fuel used in vehicles, and car makers will have to manufacture vehicles that use less amounts of fuel.
  • Books Review
    Book Review

    Books Review

    Monday, 29th December 2014
    History of Oil Well Drilling, Petroleum Refining: Technology and Economics: Fifth Edition, Post-Petroleum Survival Guide and Cookbook: Recipes for Changing Times, and Alcohol Can Be A Gas!
  • HIGH RESISTIVITY, HIGH WATER SATURATION ADDRESSING THE PROBLEM TO AVOID WATER PRODUCTION
    Industry Solution

    HIGH RESISTIVITY, HIGH WATER SATURATION ADDRESSING THE PROBLEM TO AVOID WATER PRODUCTION

    Monday, 29th December 2014
    Belayim Land field is one of the oldest and largest oil fields in Egypt. It was discovered in 1954. Its current daily production is about 80,000 BOPD. It produces oil from many sandstone reservoirs, Rudeis, Kareem, Belayim and South Gharib. Rudeis formation is the lowest reservoir in the Anticline structure that forming the field. The sandstone section of Rudeis formation is of an excellent reservoir quality. It is composed of quartz arenite with 22% average porosity and 800 md average horizontal gas permeability. The vertical permeability is about 0.9 of the horizontal permeability. The crude oil is of moderate quality with about 20 API.
  • TOPTECH Egypt Successfully Implements the Infrastructure Consolidation & Data Availability Project for HC Brokerage
    IT

    TOPTECH Egypt Successfully Implements the Infrastructure Consolidation & Data Availability Project for HC Brokerage

    Monday, 29th December 2014
    TOPTECH Egypt has became one of the leading companies, specialized in providing advanced infrastructure consolidation and data availability integrated solutions relying on its highly qualified task force of professional sales team, IT experienced consultants, IBM Certified presales and technical experts and Microsoft Certified Engineers (MCSE, MCSA, and MCDBA); in addition to its business partners; IBM, Microsoft and Symantec who work with TOPTECH deeply in designing, consulting and integrating the proposed solutions.
  • Oil Price View ‘Short-tirm oil price outlook’
    Statistics In-Focus

    Oil Price View ‘Short-tirm oil price outlook’

    Monday, 29th December 2014
    Although we have revised our mediumand longterm oil price forecasts upwards, we continue to believe that there is a risk of seasonal weakness now that the US driving season is over. This view is discussed in more detail later but is based on three main arguments...
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during November 2007. Please download PDF.
  • Gulf investments stand behind the wave of oil mergers
    In Focus

    Gulf investments stand behind the wave of oil mergers

    Monday, 29th December 2014
    A series of mergers and acquisitions have been carried out in the Egyptian oil and gas sector over the past five years, bringing in a large number of newcomers to the scene of exploration, production or the provision of services related to the sector. As a matter of fact, the key acquisitions over the past year were pushed forward by what we call hot Gulf money
  • 2007 ready to grant its fortune of successful attainments to 2008 – Part II
    In Focus

    2007 ready to grant its fortune of successful attainments to 2008 – Part II

    Monday, 29th December 2014
    Analysis of the second half of 2007; tackling major discoveries, deals sealed, new projects… etc from July to December 2007
  • MoP secure the Egypt’s gas resources
    In Focus

    MoP secure the Egypt’s gas resources

    Monday, 29th December 2014
    In an unpredicted move, the Ministry of Petroleum decided to review the concluded deals signed for the exportation of the Egyptian gas worldwide, in an attempt to avoid the loss of an economic profit in the shadow of prices instability nowadays. As a matter of fact, oil and gas prices have been increasing, while the Egyptian prices remain unchanged.
  • Gas to Liquid (GTL): is it an attractive route for gas monetization? GTL vs. LNG Economics
    In Focus

    Gas to Liquid (GTL): is it an attractive route for gas monetization? GTL vs. LNG Economics

    Monday, 29th December 2014
    A world scale LNG plant with a capacity of 4 million tons/year requires approximately 650 MMSCFD of feed gas. This same quantity of gas is estimated to produce 65,000 Bbl/day of GTL products; mainly Naphtha (17,000 Bbl/day), Diesel Oil (44,000 Bbl/day) and the remaining quantity (4,000 BPD) is assumed to be Liquefied Petroleum Gas (LPG).
  • Rig workers… The hands that extract black gold live in misery
    Workers Of The Industry

    Rig workers… The hands that extract black gold live in misery

    Monday, 29th December 2014
    Far removed from the routine jobs that we all know and the normal picture of life and far from the over-populated city, we visited the area of the Gulf of Suez to see for ourselves a unique form of employment that requires workers as unique as the job. The journey took hours for us, but as for the workers this journey lasts years, thwarting them from the deep blue sea to dry desert shores. The stories of these workers are an endless tale, as soon as one ends another begins.
  • Finally in the finals
    Sports

    Finally in the finals

    Monday, 29th December 2014
    African defending champion Egypt, at last, qualified for the 2008 Nations Cup finals with a 1-0 win against Botswana in Cairo, concluding their labored campaign.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during October 2007. Please download PDF.
  • 2007 ready to grant its fortune of successful attainments to 2008
    Feature

    2007 ready to grant its fortune of successful attainments to 2008

    Monday, 29th December 2014
    With 2008 just around the corner, the oil and gas industry makers should first evaluate and assess the achievements attained and goals fulfilled during 2007 before going ahead with their plans for the new year. One of the more obvious features of this year is the tremendous increase in volume of discoveries, investments and profit. Yet, there have been some drawbacks and controversies which have had some negative affects on the sector.
  • Mido gives the perfect reply to racist chants
    Sports

    Mido gives the perfect reply to racist chants

    Monday, 29th December 2014
    Egyptian footballer Ahmed Hossam (Mido), the Middlesbrough forward was subjected to unsavoury reacist chants during a stormy hard-fought derby between Middlesbrough and Newcastle United a few weeks ago. Mido has defended his actions in confronting the Newcastle United fans who singled him out for racist abuse.
  • The Changing Dynamics of Energy in the Middle East
    Book Review

    The Changing Dynamics of Energy in the Middle East

    Monday, 29th December 2014
    The fluctuation of energy prices and their repeated rise and falls have illustrated the importance of the Middle East region as a fundamental energy provider for the whole world. This book discusses and analyzes the impact of oil and gas prices on global demand and on the international energy market, focusing on the Middle East and its effective role worldwide.
  • What If… Hydrogen Was the Main Source of Energy
    What If

    What If… Hydrogen Was the Main Source of Energy

    Monday, 29th December 2014
    In its pure form, hydrogen is a gas at room temperature. It is classified as the simplest and most abundant of chemical elements, which can be used as a fuel and/or an industrial chemical. Hydrogen gas can be used as a fuel in specially designed internal combustion engines. Moreover, it can generate electricity and heat when it is used in fuel cells.
  • New truck fleet for the Energy Industry
    Industry Logistics

    New truck fleet for the Energy Industry

    Monday, 29th December 2014
    Trucking services and tailor made logistics solutions for the Egyptian Oil & Gas Industry are among the core products provided by PICO Logistics, a subsidiary of PICO Energy.
  • Field Experience to Optimize Gas Lift Well Operations
    Academic Focus

    Field Experience to Optimize Gas Lift Well Operations

    Monday, 29th December 2014
    It is commonly known that when an oil well is first completed, the natural reservoir energy causes the fluid to flow to the surface for some period of time. However, most oil wells, at some point during their economic life, require artificial lift in order to increase the reservoir energy needed to raise fluid to the surface and obtain the maximum recovery of oil for maximum profit to the producer well. Artificial lift systems include rod pumping, gas lifting, hydraulic pumping, and centrifugal pumping. Continuous gas lift is the most commonly used artificial lift system in the oil industry. It is inherently a high volume method and the only one which makes use of the reservoir gas energy. This paper discusses the use of a multiphase flow meter to optimize gas lift field operations. In particular, it will compare analysis methods for individual well’s performance using Multiphase Flow Meter versus Standard Nodal Analysis. This paper will also tackle GUPCO’s field experience of gas lift offshore operations.
  • Energy Switch: Proven Solutions for a Renewable Future
    Book Review

    Energy Switch: Proven Solutions for a Renewable Future

    Monday, 29th December 2014
    In the shadow of the declining oil supplies all over the world, there has been a move to further utilize alternative energy. The switch from oil and gas to new energies has been a trend in many European countries, which represent a successful model to follow. "Energy Switch: Proven Solutions for a Renewable Future" shed the light on this model and opens the road for others to imitate it.
  • The Battle for Barrels: Peak Oil Myths & World Oil Futures
    Book Review

    The Battle for Barrels: Peak Oil Myths & World Oil Futures

    Monday, 29th December 2014
    Revolving around the ongoing controversy that the era of oil usage is fading away as overly-produced discoveries have led to an oil peak, endangering the world's stability, Duncan Clarke issued his piece of art "The Battle for Barrels: Peak Oil Myths and World oil Futures" in which he demonstrates that "the doom and gloom of the Peak Oil theory is mistaken."
  • What If Oil Refineries were not invented?
    What If

    What If Oil Refineries were not invented?

    Monday, 29th December 2014
    Crude oil is never extracted pure from wells. It is always mixed with hundreds of different genres of hydrocarbons which should be separated to get useful substances. Thanks to Oil Refineries, the separation process has become easy and quick. But, how what would this process be like if refineries were not invented?
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during August 2007.
  • Gasoline Street Sellers: A Donkey, A Tank of Gas and A Rough Day’s Work
    Workers Of The Industry

    Gasoline Street Sellers: A Donkey, A Tank of Gas and A Rough Day’s Work

    Monday, 29th December 2014
    Picture an old man with two younger boys riding a cracked wooden three-vehicle cart driven by a weak donkey. Moving around the streets of the more impoverished districts in Cairo, the man starts his journey at 7 in the morning. By filling the large metal containers on his carriage, he is now ready to call for the sale of gasoline.
  • Ramadan Programs
    Corporate Escape

    Ramadan Programs

    Monday, 29th December 2014
    As we all know, during the holy month of Ramadan TV provides a massive collection of Arabic shows, series, cooking and religious programs. Ramadan programs give a whole new meaning to being a couch potato, jumping from one series to another. There are a wide variety of series tackling important issues occurring within our society. Below are listed some of these series with a brief description of each.
  • More than just a beach
    Corporate Escape

    More than just a beach

    Monday, 29th December 2014
    Are you feeling exhausted? Are you tired of doing the same thing at work every day? Have you thought about how you will spend your summer vacation? Will it be relaxing at the beach, visiting some historical monuments and museums, seeing some of Egypt's religious relics or talking a desert trip and enjoying the natural beauty of Safari Egypt?
  • What If…  Solar energy replaces Fuel and Gas in all vehicles
    What If

    What If… Solar energy replaces Fuel and Gas in all vehicles

    Monday, 29th December 2014
    Ages ago, it was composed of a wooden board with four wheels and an umbrella on its top run by Fred Flintstone's legs to speed up or slow down while moving from one place to another.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during July 2007. Please download PDF.
  • Street Gas Sellers: Legality Won’t Bring Home the Bacon
    Workers Of The Industry

    Street Gas Sellers: Legality Won’t Bring Home the Bacon

    Monday, 29th December 2014
    For a standard home, the supplies for water, electricity and phones are undoubtedly fundamental. But considering the equipments by which no house can go on without, gas cylinders would be necessarily added to the list.
  • Welcoming the Month of Mercy
    Corporate Escape

    Welcoming the Month of Mercy

    Monday, 29th December 2014
    Do you miss the sound of the ancient canons from the Citadel announcing Iftar and the religious and cozy atmosphere of children playing in the streets with lanterns? Are you nostalgic for the mesaharaty walking around your neighborhood banging on a drum to wake people from their sleep for the suhu? At long last, the spiritual, religious, holy month that all Muslims have been waiting for is around the corner.
  • “Energy Efficiency” Do we have a choice?
    R & A Special

    “Energy Efficiency” Do we have a choice?

    Monday, 29th December 2014
    It is rather peculiar that we do not get our energy priorities in the right order; it would make sense to attend to the most affordable, accessible energy source, then move on to the next. Instead, almost all our efforts are directed towards more production of fossil fuels, while we neglect the cheapest cleaner source of them all; energy efficiency.
  • Harbingers of the fall season
    Sports

    Harbingers of the fall season

    Monday, 29th December 2014
    The end of the 2006/2007 National Football League was a prelude to the shape of the competition next season
  • Monthly news
    Monthly News

    Monthly news

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during June 2007.
  • Deep Water Drilling… A New Horizon to Magnetize More Investments
    Cover

    Deep Water Drilling… A New Horizon to Magnetize More Investments

    Monday, 29th December 2014
    With recent developments in the market it appears that Egyptian crude oil production has the potential to rise. In fact, the ratio of crude oil recovery at the various wells in the Gulf of Suez has the ability to increase to more than 40%, compared to 20% currently. This increase in production, in general for all of Egypt, can be achieved through the intensification of upstream works, particularly in the Mediterranean deep water as well as the Western Desert and the utilization of updated technologies along with enhanced oil recovery methods.
  • Gas Station Workers: A Closer Look At Helping Hands
    Workers Of The Industry

    Gas Station Workers: A Closer Look At Helping Hands

    Monday, 29th December 2014
    Behind each success-story in any field, there are always those forgotten soldiers of the industry. These are the men and women that people just do not hear about, who work in silence and get paid a diminutive amount of money and amazingly enough, never complain.
  • Gulf Oil and Gas: Ensuring Economic Security
    Book Review

    Gulf Oil and Gas: Ensuring Economic Security

    Monday, 29th December 2014
    Since its establishment in 1994, the Emirates Center for Strategic Studies and Research (ECSSR) has issued major publications related to the oil and gas industry in the Middle East and worldwide. "Gulf Oil and Gas: Ensuring Economic Security" is one of ECSSR most recent publications tackling the challenges in the oil and gas sector, which is endangering the economy in the Gulf.
  • Study of Tertiary Oil Recovery by Surfactant/ Polymer Flooding
    Technology

    Study of Tertiary Oil Recovery by Surfactant/ Polymer Flooding

    Monday, 29th December 2014
    Surfactants/Polymers (SP) has been in use since the 1950’s. Technological advancements during the 1980’s by major oil and services companies have resulted in a thoroughly tested and reliable technology. SP has been used worldwide and has been successful in recovering additional oil of about 15 to 30% of OOIP.
  • Siemens’ Oil & Gas Portfolio
    IT

    Siemens’ Oil & Gas Portfolio

    Monday, 29th December 2014
    The new thrust into the Oil & Gas market comes at a time when market statistics highlight that global crude oil production will need to increase by about 25 per cent over the next decade.
  • Chapeau! Gaz de France
    Interview

    Chapeau! Gaz de France

    Monday, 29th December 2014
    Despite its history in the international arena, Gaz de France is considered one of the young exploration and production companies in Egypt. Egypt Oil and Gas met with Jean- Louis Chenel, Gaz de France Egypt General Manager, who told us about the company’s strategies and expansion plans
  • HSBC: The oil and gas bank
    Petroleum Finance

    HSBC: The oil and gas bank

    Monday, 29th December 2014
    HSBC became Egypt’s first oil and gas bank and since has taken great strides in implementing financial assistance to companies within the sector. This section is a look at the financial world or the oil and gas industry and what it can mean not just for the internal players, but also for the general public in terms of their energy consumption and needs
  • Investing in the young Egyptian generation
    Academic Focus

    Investing in the young Egyptian generation

    Monday, 29th December 2014
    Weatherford has established a new program that promises to train and prepare petroleum engineering students, initially from three Egyptian universities, for the challenges they will face following their graduation. In an effort to contribute to addressing the challenges that face the Egyptian society, Weatherford Egypt has promised to provide more job opportunities and to hire as many of these selected students as possible. Egypt Oil and Gas spoke to Mohamed Hemeda, General Manager of Weatherford Egypt, about the company’s new initiative
  • How underground location technology is helping utilities hit the right spot?
    Technology

    How underground location technology is helping utilities hit the right spot?

    Monday, 29th December 2014
    While there may be records of where underground services – such as water, power, gas and so on – are located, but these may not always be entirely accurate. This means that when mistakes occur, or when extension work needs to be carried out, time and money can be wasted trying to find a specific cable, pipe or joint. However, developments in new underground location technology are bringing extremely accurate underground location information within the reach and budgets of today’s utilities, contractors and construction companies
  • The art of bribery: What not to do
    Cover

    The art of bribery: What not to do

    Monday, 29th December 2014
    Since the early ages, gold and money have been one of the easiest ways to seduce people, and, as Shakespeare said, gold can buy everything, including people’s professional ethics. The petroleum sector was struck by surprise after several cases of bribery and corruption were filed against a People’s Assembly member and top officials over the past few months.
  • 3M Specialty Materials
    Technology

    3M Specialty Materials

    Monday, 29th December 2014
    A new technology for reducing the density of drilling fluids
  • Subsidies in Egypt: An issue too hot to touch or too cold to change?
    Cover

    Subsidies in Egypt: An issue too hot to touch or too cold to change?

    Monday, 29th December 2014
    Subsidies have become the keyword to an ongoing controversy in the Egyptian energy sector. Arguments swinging between keeping and lifting oil and gas subsidies have raised concerns about the negative effects of “inefficiency” in implementing the subsidization system; its threats endangering the future of energy reserves and its state of being an economic burden on the government. Egypt Oil & Gas Newspaper examines the different perspectives of this debate
  • Protecting the environment securing the future
    Interview

    Protecting the environment securing the future

    Monday, 29th December 2014
    Petro Environmental Services Company (PESCo) – an international joint venture company established in January 2003 – has become one of the leading companies in environmental protection and marine support. PESCo has a global presence, through its national and international partnerships with world leaders. With centers positioned throughout the Egyptian coastlines, they are able to provide swift response around the clock. Engineer Ashraf Thabet talked to Egypt Oil and Gas Newspaper about the company’s ambitions and current activities.
  • PVSS II – Best fit SCADA system for the Oil and Gas industry
    IT

    PVSS II – Best fit SCADA system for the Oil and Gas industry

    Monday, 29th December 2014
    There are a wide variety of SCADA systems in the market but only a few are able to handle widely distributed, redundant and complex systems with hundred of thousands of data points. ETM professional control, an Austrian software house, is offering a state-of-the-art SCADA system for the Oil and Gas industry.
  • Scarab /Saffron Production System Simulator
    Technology

    Scarab /Saffron Production System Simulator

    Monday, 29th December 2014
    By Fantoft Process Technologies represented in Egypt by Drexel Oilfield Equipment This write-up gives an overall description of Kongsberg’s involvement (project performed by Fantoft Process Technologies, which now is a part of KongsbergMaritime) in the West Delta Gas Development Project. As a world-leading supplier of simulators and services, Kongsberg was selected to deliver aProduction System Simulator for the Scarab/Saffron project. Through the real time production management solutions, Kongsberg was involved in theproject during the engineering phase leading to the extension of the same solutions through D-SPICE for Simian/Sienna/Sapphire fields.
  • What would more wind farms at Zaafarana save us? As a matter of fact two nuclear power plants!
    R & A Special

    What would more wind farms at Zaafarana save us? As a matter of fact two nuclear power plants!

    Monday, 29th December 2014
    It could be seen as surprising that 2006 being the 20th anniversary of the Chernobyl nuclear disaster, is also the year in which Egypt has deemed to see the foreseeable future of nuclear energy for power generation.
  • Assessing the Impact of Removing Energy Subsidies on Energy Intensive Industries in Egypt
    Academic Focus

    Assessing the Impact of Removing Energy Subsidies on Energy Intensive Industries in Egypt

    Monday, 29th December 2014
    IN Egypt, subsidies continue to be one of the major itemsof government expenditures. The latest figures indicatethat government subsidies exceed 23% of 2005/2006 totalbudget spending (exceed LE50 billion) and around 74%of such subsidies are allocated to energy products(excluding electricity).
  • Cement seal units eliminates the inter-zonal communication
    Technology

    Cement seal units eliminates the inter-zonal communication

    Monday, 29th December 2014
    SEAL UNITS prevent fluid movement at the interfacebetween the outer surface of the casing and the inside ofthe cement sheath. In spite of the improved practice ofreleasing pressure on the casing after the top plug bumps,investigations by different research and developmentgroups confirm that leakage at this interface is not onlypossible, but probable, when subjected differentialpressures often encountered in completing or producinga well. Inter-zonal communication at this point, like“channeling” in the remainder of the annulus, will preventefficient depletion of the producing zone, or causestimulation work (fracturing, acdizing, etc) to beineffective due to uncontrolled fluid migration in theannulus.
  • Middle East Oil Refining… more success yet to come
    Cover

    Middle East Oil Refining… more success yet to come

    Monday, 29th December 2014
    The refining industry is one of the most vital strategic industries on both levels, locally and internationally, as it is considered a main source for ensuring the needs of petroleum products and producing high quality products to confront international competition
  • Turning brown into gold, making new out of old
    Feature

    Turning brown into gold, making new out of old

    Monday, 29th December 2014
    Egypt's domestic oil consumption is increasing while production is declining. In order for Egypt to avoid becoming a net importer of oil within the coming 10-20 years, new discoveries need to be found in addition to optimizing its production from existing aging oil wells. Most of Egypt's existing oil wells are considered brownfields, which are defined as mature oil fields in a state of declining production or reaching the end of their productive lives; they are typically over 30 years old. This feature explores the potential gains of optimzing production from mature wells
  • Master plans: Tapping global economy
    Interview

    Master plans: Tapping global economy

    Monday, 29th December 2014
    After initiating oil, dominating gas, will Egypt master petrochemicals? An interview with HE Eng. Sameh Fahmy, Minister of Petroleum, reveals the ambitions of the sector and recent implementations of master plans
  • Nurturing innovation by providing opportunities
    Academic Focus

    Nurturing innovation by providing opportunities

    Monday, 29th December 2014
    Dr. Abdel Alim Hashem, professor of Petroleum Engineering at the Cairo University’s Mining, Petroleum and Metallurgical Engineering Department, has over 20 years of experience in drilling engineering, well completion and work over operations, petroleum Economics, petroleum exploration and subsurface geology. Based on his academic experience and knowledge, Dr Hashem discusses the obstacles hindering the development of petroleum engineering in Egypt, defends the academic curriculum from being responsible for the lack of skilled graduates and analyzes the current strategies of the Ministry of Petroleum.
  • Egypt Rig Market Report 2007
    Book Review

    Egypt Rig Market Report 2007

    Monday, 29th December 2014
    Egypt Oil and Gas offers its readers an overview of the Egypt Rig Market Report 2007 that has recently been issued by the company.
  • Meeting Deepwater Drilling Challenges with Invert Emulsion Fluids
    Technology

    Meeting Deepwater Drilling Challenges with Invert Emulsion Fluids

    Monday, 29th December 2014
    Baroid’s latest clay-freeINNOVERT™ synthetic-base fluid (SBF), based on clay-free ACCOLADE® technology, has delivered exceptional performance on the first nine wells of a new contract with a major operator in ultra-deep water over 5,000 feet offshore West Africa. Based on a low viscosity n-alkane base fluid and built without using the regular organophilic colloidal additives used in conventional invert emulsion fluids, this state-of-the-art drilling fluid represents a quantum leap in deepwater drilling fluid performance.
  • DCS: Your key to digital communication
    IT

    DCS: Your key to digital communication

    Monday, 29th December 2014
    Digital Communication Systems® DCS®, was established in August 2000 in Cairo, Egypt, as a soul proprietorship, under investment law No.# 8 Year 1997 for investments and free zones, with a capital of one million Egyptian Pounds.
  • Opening the community chest for the best
    Cover

    Opening the community chest for the best

    Monday, 29th December 2014
    Egypt is one of the pioneers in the Middle East to penetrate the oil and gas industry. The Middle East’s first oil refinery was built in the Egyptian port city of Alexandria in 1911. Since then, the petroleum industry has almost covered every part of the country; but some territories were not ready for exploration yet, such as Upper Egypt. However, this is no longer the case as a national plan has been set to explore this area. Nevertheless, during this process we are faced with several questions related to the future of oil and gas projects. How will the Ministry of Petroleum and the Egyptian government solve the obstacles hindering the achievement of this national plan?
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during January 2007.
  • The red alarm
    Cover

    The red alarm

    Monday, 29th December 2014
    In tackling the issue of security, there are three types of security vulnerability in the region; violent attacks and explosions, absence of safety regulations, as well as corruption.
  • Nuclear: The future of Egyptian energy
    Academic Focus

    Nuclear: The future of Egyptian energy

    Monday, 29th December 2014
    "Major companies like BP and Shell will sooner or later be labeled energy companies. I believe we need to move on to alternative energies, especially the nuclear one." These were the words of Dr. Ashraf Sabry, Professor of Thermo-fluids at the American University in Cairo and Cairo University, during his interview with Egypt Oil and Gas Newspaper, concerning his views regarding the future of energy in Egypt.
  • GUPCO Renovates, Gulf of Suez Generates
    Cover

    GUPCO Renovates, Gulf of Suez Generates

    Monday, 29th December 2014
    Renovations made to GUPCO sites will add more production to reserves. What scientists predicted to be the production rate of petroleum in the Gulf of Suez in the 1960s has proved to be much more.
  • Scenario: Iran
    Political Review

    Scenario: Iran

    Monday, 29th December 2014
    Egypt Oil and Gas Newspaper explores the consequences of a potential U.S. war against Iran. Will occupation once again become a means for a specific end: oil?
  • Halliburton  is above the competition
    Interview

    Halliburton is above the competition

    Monday, 29th December 2014
    Halliburton's Egypt Area Manager, Hesham Ismail, spoke with Egypt Oil and Gas Newspaper about the company's achievements this year and their aspirations for the following year. Halliburton has been able to build themselves a reputation as solid as the services they provide. They have grown from 36 employees in 1969 to 850 in 2006, all dedicated to maintain their company's reputation as a leader in the Egyptian and international oil and gas market.
  • Halliburton: Hydrating Lost-Circulation Squeeze Helps Restore Circulation in Severe Loss Zone
    Technology

    Halliburton: Hydrating Lost-Circulation Squeeze Helps Restore Circulation in Severe Loss Zone

    Monday, 29th December 2014
    While drilling a deep gas well through sensitive shales in the Qawassim formation in the Nile Delta area of Egypt, a major operator encountered severe lost circulation in the 8-1/2-in. intermediate interval, beginning immediately below the 9-5/8-in. casing shoe at approximately 3,100 m. Porous sand stringers are interspersed in the shale sequence, and these stringers were the suspected thief zones.
  • Monthly news
    Monthly News

    Monthly news

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during January 2007.
  • 2006: A mixed bag of goodies
    Feature

    2006: A mixed bag of goodies

    Monday, 29th December 2014
    With 2007 just around the corner, a look at what has happened the past year will undoubtedly aid in preempting what is to come. In Egypt, several changes have occurred in the energy sector in general, and the oil and gas sector in specific.
  • Time for an alternative
    Academic Focus

    Time for an alternative

    Monday, 29th December 2014
    Scientists and experts have agreed that the petroleum era will sooner or later come to an end and nations will be struggling to meet their oil and gas needs, which will possibly open the door for a third world war. Egypt Oil and Gas Newspaper discussed with Dr. Salah El-Haggar, Professor of Energy and Environment at the American University in Cairo, the option of searching for alternative energies in order to secure the generations to come.
  • Drexel Oilfield Equipment Egypt – 30 years of success
    Corporate Overview

    Drexel Oilfield Equipment Egypt – 30 years of success

    Monday, 29th December 2014
    With the end of this year, Drexel has accomplished 30 years of distinguished services in the oil and gas sector in Egypt and the Middle East.
  • Breaching national boundaries to achieve international success
    Interview

    Breaching national boundaries to achieve international success

    Monday, 29th December 2014
    In 1996, it went against the flow and invaded the drilling market, by being the first true Egyptian-Chinese joint venture in the drilling sector. Maintaining an outstanding record throughout the past eight years has placed the Egyptian Chinese Drilling Company (ECDC) as the second largest drilling company in Egypt. Ayman Abbas, Managing Director of ECDC shares this fascinating story of success with Egypt Oil and Gas Newspaper and expresses his vision concerning the development of Egypt's rig market.
  • The Value of Beam pumping System Automation
    Technology

    The Value of Beam pumping System Automation

    Monday, 29th December 2014
    The need to enhance well-performance is driving the growth of well automation and optimization systems. In today's efficiency demanding business world, producers require systems that are capable of more than simply increasing the rate of production. Producers also desire the ability to decrease system failure rates consequently minimizing well down time and lifting cost by extending equipment running life, thus maximizing total system efficiency.
  • Crossing nations to the global economic frontier
    Feature

    Crossing nations to the global economic frontier

    Monday, 29th December 2014
    The past few years have witnessed an expansion in the activities of Egyptian petroleum companies to operate abroad, penetrating the Middle East and Africa markets.
  • Tharwa: A Real Egyptian Fortune
    Interview

    Tharwa: A Real Egyptian Fortune

    Monday, 29th December 2014
    Being characterized as the first Egyptian company to carry out upstream activities in the Egyptian market as well as offering petroleum services, Tharwa has kept its outstanding record of achievements since its inauguration in 2004. With the target of competing in the international arena, Tharwa shares its 2007 future plans with Egypt Oil and Gas Newspaper and shed light on its story of success
  • To join or not to join: The overlooked question
    Book Review

    To join or not to join: The overlooked question

    Monday, 29th December 2014
    Following Angola’s admittance to OPEC in 2007, the lurking question becomes: why is Egypt reluctant to join OPEC as a full-time member?
  • On Efficient Utilization of Egypt’s Energy Resources: Oil and Gas
    Academic Focus

    On Efficient Utilization of Egypt’s Energy Resources: Oil and Gas

    Monday, 29th December 2014
    Energy is a prime source of livelihood for many nations and is a cause of affluence for others. In Egypt, energy constitutes one fifth of the country's overall economic activity, a little less than half of the country's export revenues, and is a strategic resource for future growth.
  • Radar imagery offers a slick solution for locating rich reserves at sea
    Technology

    Radar imagery offers a slick solution for locating rich reserves at sea

    Monday, 29th December 2014
    A thousand feet down, the ocean floor shakes. Bubbles of oil and gas burp out. In a wafting plume, the oil heads for the ocean surface where it forms a film less than a millimeter thick and many cover hundreds of square kilometers.
  • Monthly News
    Monthly News

    Monthly News

    Monday, 29th December 2014
    News of the month, know more about the recent activities this industry has shown during January 2007.
  • The lucrative acquisition of a first-rate asset
    Interview

    The lucrative acquisition of a first-rate asset

    Monday, 29th December 2014
    A rising upstream player in Africa that has recently strengthened its position in Egypt and other regions in Africa is Centurion Petroleum Cooperation. On January 9, 2007, Dana Gas PJSC acquired the company's shares. Dr. Hany Elsharkawi, President and General Manager of Centurion Petroleum Corporation in Egypt, agreed to talk with Egypt Oil and Gas Newspaper about the company's ambitions and strategies. Dr. Elsharkawi holds a B.Sc (1967) from Alexandria University as well as an M.Sc (1971) and Ph. D. (1975) from the University of Manitoba. He has several technical publications and has instructed several technical courses at universities and oil and gas industry organizations.
  • Beam Pumping System for Deep & High Volume Wells
    Technology

    Beam Pumping System for Deep & High Volume Wells

    Monday, 29th December 2014
    Worldwide there are over 949,550 producing oil wells, about 93% of these wells are operated using different artificial lift methods and roughly over 72% are producing using beam pumping system.