Features

Olfat Kamel

  • QHSE: A VISION FOR BORG EL ARAB PETROLEUM
    BUSINESS IN FOCUS

    QHSE: A VISION FOR BORG EL ARAB PETROLEUM

    Wednesday, 5th July 2017
    In the oil and gas industry, quality, health, safety, and environment (QHSE) are key aspects for operators to ensure the productivity of their fields. Following a QHSE program, oil and gas firms get the most beneficial performance and results.
  • EQUATORIAL GUINEA: THE NEWEST OPEC MEMBER
    COUNTRY INSIGHT

    EQUATORIAL GUINEA: THE NEWEST OPEC MEMBER

    Wednesday, 5th July 2017
    Equatorial Guinea joined in May the Organization of Petroleum Exporting Countries (OPEC). The numbers of oil production and revenues, the country’s location, and the prosperous prospects of being OPEC’s newest member grant the country key aspects to turn Equatorial Guinea into an open door to investments in the petroleum sector.
  • EMMANUEL MACRON: A BOOST FOR CLEAN ENERGY PLANS?
    Politics

    EMMANUEL MACRON: A BOOST FOR CLEAN ENERGY PLANS?

    Tuesday, 6th June 2017
    The recent French presidential elections had spurred controversial reactions and divergent responses upon the announcement of Emmanuel Macron’s victory. From the center to the extreme far-right, the position of both pro-EU leader and his then-opponent Marine Le Pen on the political landscape is far from having any commonalities.
  • ENCOURAGING INVESTMENT IN THE PETROLEUM INDUSTRY A COMPARISON OF HOST GOVERNMENT INSTRUMENTS
    Legal Opinion

    ENCOURAGING INVESTMENT IN THE PETROLEUM INDUSTRY A COMPARISON OF HOST GOVERNMENT INSTRUMENTS

    Tuesday, 6th June 2017
    The petroleum industry utilizes a range of host government instruments to grant rights for exploration and production of oil and gas resources. The form of host government instrument is one of the key factors in determining an exploration and production contractor’s (Contractor’s) potential return on investment and in turn the Contractor’s incentive to explore and extract petroleum resources.
  • COLLABORATIVE BUSINESS MODELS AND RELATIONSHIP BARRIERS
    Research & Analysis

    COLLABORATIVE BUSINESS MODELS AND RELATIONSHIP BARRIERS

    Tuesday, 6th June 2017
    Collaboration has become a key asset to successful oil and gas business. Considering the complexity of the sector and its high competitiveness, the petroleum industry has come to realize that all the parts involved in the oil and gas exploration and production must be connected in order to build a reliable and efficient chain.
  • Building a Successful Strategic Alliance between IOCs  AND NOCS
    Research & Analysis

    Building a Successful Strategic Alliance between IOCs AND NOCS

    Tuesday, 6th June 2017
    National oil companies (NOCs) are organizations that are whether fully or in the majority owned by their home countries. NOCs operate in favor of their home countries’ interest as they provide their governments with pay revenues, taxes, and royalties.
  • IMPROVING TECHNICAL EXPERTISE IN EGYPT’S ENERGY INDUSTRY
    Research & Analysis

    IMPROVING TECHNICAL EXPERTISE IN EGYPT’S ENERGY INDUSTRY

    Tuesday, 6th June 2017
    Several energy industries have been guilty of overlooking opportunities for operational optimization when the tide is high and the oil prices are dwindling. But Egypt’s oil and gas sector should be on the cutting edge in its application of technical expertise, at least on the production side. As part of the balancing equation, IOCs, NOCs, and service companies need to collaborate on a novel technical approach for performance development in Egypt’s industry.
  • EGYPTIAN GAS – CAN BOOMING DEMAND be Met by Rapid Supply Growth?
    BUSINESS IN FOCUS

    EGYPTIAN GAS – CAN BOOMING DEMAND be Met by Rapid Supply Growth?

    Tuesday, 6th June 2017
    After a decade of regulatory and energy policy changes, Egypt is now back on track as the largest and fastest growing natural gas market in Africa and, in parallel, is enjoying a re-invigorated upstream gas sector based on the giant Zohr discovery, go ahead for West Nile Delta (WND) and a range of other gas developments tied back to spare gas process plant capacity.
  • FIRST GAS FROM WEST NILE DELTA CONTRIBUTES TO DEA’S GROWTH
    BUSINESS IN FOCUS

    FIRST GAS FROM WEST NILE DELTA CONTRIBUTES TO DEA’S GROWTH

    Tuesday, 6th June 2017
    Production from the offshore WND gas fields commenced on 24 March 2017 from the first two fields, Taurus and Libra. Nine wells have now been commissioned and the fields are currently producing at a flow rate of more than 700 million cubic feet of gas per day.
  • Developing Opportunities in IOC/NOC & Service Companies Relationship Roundtable
    Round Table

    Developing Opportunities in IOC/NOC & Service Companies Relationship Roundtable

    Tuesday, 6th June 2017
    With the unprecedented growth the Egyptian oil and gas industry had eyed, a wide range of opportunities are still ahead, with huge potential to move the country forward on the chessboard of the energy industry.
  • EPEX, ENAP SIPETROL BRING INSIGHTS TO EGYPT’S UNCONVENTIONAL GAS
    Events

    EPEX, ENAP SIPETROL BRING INSIGHTS TO EGYPT’S UNCONVENTIONAL GAS

    Sunday, 7th May 2017
    The Egyptian oil and gas sector took an important step to boost its status as an energy hub as it moves forward with drilling operations in unconventional gas fields. To promote valuable insights and help the petroleum industry in its way towards unconventional, the Egyptian branch of Chile’s Enap Sipetrol hosted a special event in partnership with the Egyptian Petroleum Exploration Society (EPEX) at Holiday Inn Cairo Maadi Hotel on April 4.
  • BREXIT: CURRENT AND POTENTIAL RAMIFICATIONS ON THE ENERGY MARKET
    Politics

    BREXIT: CURRENT AND POTENTIAL RAMIFICATIONS ON THE ENERGY MARKET

    Sunday, 7th May 2017
    Britain’s Exit from the European Union has sparked conflicting debates among world leaders, signaling huge economic and political consequences that render the future of the UK obscure. In late March 2017, British Prime Minister Theresa May has invoked article 50 of the EU law that triggers the start of the two-year process for a country ditching its European membership.
  • ALGERIA: A LOOK WITHIN AND A PATH FORWARD
    COUNTRY INSIGHT

    ALGERIA: A LOOK WITHIN AND A PATH FORWARD

    Sunday, 7th May 2017
    Ever since Algeria seized independence in 1962, the country has maintained a level of relative stability despite the propagating waves of the 2011 Arab spring. The North African republic is rich with abundant natural resources such as petroleum, zinc, natural gas, uranium, iron, and phosphate.
  • INTERNATIONAL JURISDICTION OVER CORPORATE CORRUPTION
    Research & Analysis

    INTERNATIONAL JURISDICTION OVER CORPORATE CORRUPTION

    Sunday, 7th May 2017
    Almost every international business person is aware of the United States Foreign Corrupt Practices Act (US FCPA) and the more recently enacted UK Anti-Bribery Act (UK Act). Less clear and more challenging, however, is determining what is required to comply with the myriad anti-bribery statutes to which that person and his or her company may find itself subject, particularly in attempting to reconcile differences among the anti-fraud laws, rules and regulations that exist in each jurisdiction which the company touches.
  • The Wise Choice for Infrastructure: METAL AND NON-METAL PIPELINES
    Research & Analysis

    The Wise Choice for Infrastructure: METAL AND NON-METAL PIPELINES

    Sunday, 7th May 2017
    Pipelines are one of the main elements of the oil and gas infrastructure. It acts as the main transportation system for all kinds of energy products; natural gas, biofuels, and liquid petroleum. There are two main types of materials in which pipelines are made of metal, such as Steel, or non-metal, such as plastic.
  • WATER Management Facilities Saving Money
    Research & Analysis

    WATER Management Facilities Saving Money

    Sunday, 7th May 2017
    Water is an important element in oil and gas production, both as a bi-product and a commonly used fluid to enhance well production. Water also plays a major role in unconventional oils, namely in the fracking process. As a result, the oil and gas industry simultaneously consumes and produces large amounts of water during the extraction stage.
  • RESERVOIR RECOVERY INFRASTRUCTURE: A Key Investment for Output Boom
    Research & Analysis

    RESERVOIR RECOVERY INFRASTRUCTURE: A Key Investment for Output Boom

    Sunday, 7th May 2017
    Exploring different areas in the hunt for oil and gas resources is of undeniable importance when it comes to expanding output levels. However, in order to ensure that proved production capacity remains at its highest rates, operators must equally invest in well-developed recovery infrastructure and managing technology.
  • INFRASTRUCTURE CHALLENGES FOR GLOBAL ENERGY MARKET
    Research & Analysis

    INFRASTRUCTURE CHALLENGES FOR GLOBAL ENERGY MARKET

    Sunday, 7th May 2017
    Beyond oil prices and energy market volatility, efficient and effective infrastructure facilities are essential components for the welfare of the oil and gas industry. The potential increase in global energy demand poses serious challenges, common in infrastructure development, which the world governments would need to address.
  • PETROBEL, MOP Launch Time and Cost-Saving Nontraditional Subsea Solution
    BUSINESS IN FOCUS

    PETROBEL, MOP Launch Time and Cost-Saving Nontraditional Subsea Solution

    Sunday, 7th May 2017
    In line with the efforts to improve cost-savings by keeping production costs at minimum levels, Petrobel Management took innovative steps to restore its damaged pipelines. Instead of the time-demanding works traditionally applied in restoration projects, the company carried extensive studies to develop a more time and cost effective maneuver.
  • Petroshahd Pipeline: In Simplicity Lies Perfection
    Field Trip

    Petroshahd Pipeline: In Simplicity Lies Perfection

    Sunday, 7th May 2017
    For this month, Egypt Oil and Gas Newspaper had the privilege of visiting one of the most ideal concessions in the region, the East Ras Qattara Concession (ERQ). Eng.Gamal Shanhory, Field Manager, showed us around so that we would get to understand how Enap Sipetrol (Petroshahd joined Venture) managed to implement an infrastructure that is cost efficient but yet extremely productive and massively successful.
  • MARIDIVE’S QHSE: A LEADING EXAMPLE IN THE INDUSTRY
    BUSINESS IN FOCUS

    MARIDIVE’S QHSE: A LEADING EXAMPLE IN THE INDUSTRY

    Sunday, 7th May 2017
    Quality, health, safety, and Environment (QHSE) are the most important aspects that any company, especially in the field of Oil and Gas, should put into consideration. Many International and national companies always set a keen eye on potential threats to manage to find solutions to overcome them and also they look for the best ways to increase efficiency when it comes to their work.
  • OPPORTUNITY CEASED, Vision Implemented
    Interview

    OPPORTUNITY CEASED, Vision Implemented

    Sunday, 7th May 2017
    During April 2017, Egypt oil & gas Newspaper has met with Eng. Sayed Rezk, General Manager of Enap Sipetrol Egypt and General Manager & Managing Director of the JV Company “PetroShahd”, sharing the history and all recent E&P developments of East Ras Qattara (ERQ) concession in the Western Desert.
  • KPC ACHIEVED PEAK GAS RATE AT QASR FIELD
    Projects

    KPC ACHIEVED PEAK GAS RATE AT QASR FIELD

    Thursday, 13th April 2017
    Khalda Petroleum Company (KPC) launched the Qasr Gas Compression Project at Egypt’s Qasr reservoir. The objective was to speed up reservoir recovery and maximize the achievement of the peak gas rate, which corresponded to as much as 800 million standard cubic feet per day, when the scheme was proposed.
  • MEDDLING POLITICS IN LEBANON’S Energy Industry
    Politics

    MEDDLING POLITICS IN LEBANON’S Energy Industry

    Thursday, 13th April 2017
    Lebanon has recently fueled prospects for exuberant oil and gas discoveries in the Mediterranean Sea, signaling an energy windfall that would jump start its economy. However, political setbacks that the country has been facing and regional struggles in which Lebanon has been implicated, pose insuperable obstacles to the development of the country’s oil and gas wealth.
  • A BOOM OR DOOM OF NIGERIA’S PETROLEUM SECTOR PRIVATIZATION
    COUNTRY INSIGHT

    A BOOM OR DOOM OF NIGERIA’S PETROLEUM SECTOR PRIVATIZATION

    Thursday, 13th April 2017
    The debate about the privatization of the Nigerian National Petroleum Corporation (NNPC) revived in January 2016 after Petroleum Resources Minister of State, Emmanuel Kachikwu, announced the country’s plans to make its first initial public offering of assets owned by NNPC in 2018.
  • OIL GIANT REACHING OUT TO SOCIETY
    BUSINESS IN FOCUS

    OIL GIANT REACHING OUT TO SOCIETY

    Thursday, 13th April 2017
    US based giant, Apache, is the No. 1 oil producer in Egypt and it is determined to build on its success, but not only in the core business, but also beyond that. Apache is indeed a pioneer in corporate social responsibility (CSR) in Egypt and has proved its commitment to the country through its numerous CSR programs.
  • BEBA LUNCHEON EVENT HONORS H.E. MINISTER TAREK EL MOLLA
    Events

    BEBA LUNCHEON EVENT HONORS H.E. MINISTER TAREK EL MOLLA

    Thursday, 13th April 2017
    Even amid a significant dwindle in global oil and gas prices, Egypt’s energy sector is witnessing an unprecedented boost, fueling prospects for a bright petroleum industry. On Sunday March 19th 2017, The British Egyptian Business Association, BEBA, hosted a luncheon event in honor of His Excellency, the Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla, bringing together Egypt’s key industry leaders at the Conrad’s Cairo Hotel.
  • KEY TERMS TO CONSIDER WHEN BUYING OR SELLING OIL AND GAS INTERESTS IN EGYPT
    Legal Opinion

    KEY TERMS TO CONSIDER WHEN BUYING OR SELLING OIL AND GAS INTERESTS IN EGYPT

    Thursday, 13th April 2017
    With the Egyptian oil and gas market continuing its rapid development amid increased stability in the country and exciting new deepwater discoveries, upstream merger and acquisition activity is poised to increase significantly. When considering a sale or purchase of an interest in oil and gas properties in Egypt, the most critical document governing the transaction is the sale and purchase agreement (SPA).
  • ARAMCO’S INITIAL PUBLIC OFFERING
    Research & Analysis

    ARAMCO’S INITIAL PUBLIC OFFERING

    Thursday, 13th April 2017
    Saudi Arabia has set up plans to sell Aramco’s shares by most likely the second half of 2018. The state-owned oil company, the world’s top exporter of crude oil and natural gas liquids, will be publicly listed both in Saudi Arabia and abroad, and its initial public offering (IPO) is expected to be the biggest one ever recorded.
  • CHALLENGES OF FARM-OUT AGREEMENTS
    Research & Analysis

    CHALLENGES OF FARM-OUT AGREEMENTS

    Thursday, 13th April 2017
    Unlike micro-businesses, oil and gas projects are established upon long term cycles, taking the operators many years to fulfill. The existence of recoverable reserves acts as an obsolete uncertainty to the petroleum industry, particularly in the exploration and production phase.
  • FARM-OUTS: A New Business MODEL?
    Overview

    FARM-OUTS: A New Business MODEL?

    Thursday, 13th April 2017
    The last tumultuous years in the global oil industry have unleashed the power of creativity performed through smaller and mid-size independents. This wave of alternative approaches is likely to continue.
  • Farm-ins, Farm-outs:  REASONS, COMPLEXITIES, AND CHALLENGES
    Interview

    Farm-ins, Farm-outs: REASONS, COMPLEXITIES, AND CHALLENGES

    Thursday, 13th April 2017
    Country Manager of Rockhopper Exploration plc in Egypt, SAMIR ABDELMOATY, shared his views on the farmin/ farm-out agreements and revealed the challenges in the processes that the companies face in the existing economic environment.
  • FARM-INS & FARM-OUTS ARE SHAPING OIL BUSINESS DYNAMICS
    Interview

    FARM-INS & FARM-OUTS ARE SHAPING OIL BUSINESS DYNAMICS

    Thursday, 13th April 2017
    In an exclusive interview with Egypt Oil&Gas, AHMED FARID MOAAZ, Country Manager of SDX Energy Inc., discussed the rationale of oil and gas companies behind farm-in and farm-out deals. In his view, these forms of cooperation in the industry contribute significantly to the country’s business growth. Yet, for this to materialize more efficiently, there are still several key issues that the Egyptian government has to tackle in order to streamline the implicated processes and thus generate essential benefits for the country’s economy in general and oil and gas sector in particular.
  • INFRASTRUCTURE PLANS AT ALAM EL SHAWISH EAST
    Projects

    INFRASTRUCTURE PLANS AT ALAM EL SHAWISH EAST

    Monday, 13th March 2017
    Tanmia Petroleum Company, under the supervision of Petrosannan Company, launched the Early Gas Production Facility Project at the AESE-6 Concession Area, in Alam El Shawish East, to boost daily gas output to around 20.8 million cubic feet per day, in addition to 800-900 billion barrels per day of condensate.
  • The Growing Threat to Iraq’s Oil Industry
    Politics

    The Growing Threat to Iraq’s Oil Industry

    Monday, 13th March 2017
    The political vacuum and internal conflicts brought about by the US-led war on Iraq has left behind a feeble country, and paved ways for the emergence of armed organizations such as Islamic State (ISIS), which has arisen in Iraq initially as a branch of Al-Qaeda.
  • AL AMAL GAIN AND GIVE
    Events

    AL AMAL GAIN AND GIVE

    Monday, 13th March 2017
    Al Amal 8th Award Day was a fantastic gathering for exploration pioneers, some with more than 60 years of experience and recent geoscience graduates. The slogan - ‘Gain and Give’ – symbolizes the transfer of experience, knowledge, and business ethics from experienced professionals to new team members, who will then continue in the practice with an even younger generation that will follow. The interest of many experts in participating in the Al Amal Program has been tremendous.
  • EGYPT PETROLEUM SHOW ATTRACTED OLD AND NEW PLAYERS
    Events

    EGYPT PETROLEUM SHOW ATTRACTED OLD AND NEW PLAYERS

    Monday, 13th March 2017
    The Egyptian oil and gas industry eyed a memorable day with the kick off of Egypt Petroleum Show that expands a spotlight on the entire energy sector with the presence of political figures, key industry leaders, delegates, and visitors.
  • GALA DINNER NIGHT CELEBRATES EGYPS 2017
    Events

    GALA DINNER NIGHT CELEBRATES EGYPS 2017

    Monday, 13th March 2017
    On February 14th, world’s energy industry leaders, political figures, and high profile invitees gathered for Egypt Petroleum Show’s (EGYPS 2017) grand Gala Dinner at the sound and light venue of the Pyramids in the metropolitan city of Giza. The night was an opportunity for potential business talks and more networking among invitees.
  • BETWEEN EGYPT AND CANADA A Promising Energy Partnership
    BUSINESS IN FOCUS

    BETWEEN EGYPT AND CANADA A Promising Energy Partnership

    Monday, 13th March 2017
    The Middle East region has long been deemed the world’s largest energy portal with huge amount of oil and gas reserves and international companies operating across the region, among them Canadian giants. As the Egyptian government has embarked upon a strategy to bolster its economy by developing its energy industry, which was showcased in many partnerships with foreign IOCs, Canadian companies have played an important role in this regard.
  • APOLLONIA PROJECT : IT’S ALL ABOUT EFFICIENCY
    In Focus

    APOLLONIA PROJECT : IT’S ALL ABOUT EFFICIENCY

    Monday, 13th March 2017
    Apollonia formation forms a reasonable reservoir size spreading over an area of several hundred kilometers and it is characterized as a carbonate reservoir that consists mainly of high-porosity soft chalky and low permeability limestone.
  • REGULATING UNCONVENTIONAL OIL & GAS IN EGYPT
    Legal Opinion

    REGULATING UNCONVENTIONAL OIL & GAS IN EGYPT

    Monday, 13th March 2017
    Unconventional oil and gas presents significant potential for Egypt. However, along with this potential, the growth of unconventional techniques presents increased environmental, social, and corporate risks. To date, the legal framework in Egypt has not directly addressed the regulation of unconventional oil and gas development. For the most part, regulation of unconventional development has not been needed.
  • ENSURING A SOCIAL LICENSE IN UNCONVENTIONAL DRILLING
    Research & Analysis

    ENSURING A SOCIAL LICENSE IN UNCONVENTIONAL DRILLING

    Monday, 13th March 2017
    Many countries are lining up their efforts to come up with new ways of gas production in a world that highly depends on energy. The successful development of world’s vast unconventional gas hinges critically on the advanced methods used. Yet, easily overlooked are the social risks brought about by drilling in unconventional areas.
  • UNCONVENTIONALS PIVOTING GLOBAL OIL OUTPUT
    Research & Analysis

    UNCONVENTIONALS PIVOTING GLOBAL OIL OUTPUT

    Monday, 13th March 2017
    Unconventional sources of oil and gas strongly affect production levels and drastically change prospects on global energy markets. The increase of oil revenues after the unconventional revolution in the United States and elsewhere in the world clearly pictures this impact.
  • UNCONVENTIONAL OILS A New Frontier for Energy Security
    Overview

    UNCONVENTIONAL OILS A New Frontier for Energy Security

    Monday, 13th March 2017
    Global population has grown to an estimated 7.4 billion, with the majority of people scattered across Asia, followed in the distance by Africa. Accordingly, the world consumes millions of barrels of oil to fuel our daily lives and drive economic growth needed to sustain ever growing societies. In 2016, the International Energy Agency’s Oil Market Report estimated that worldwide demand of oil would reach an average of nearly 96mb/d. It was only natural that economies would look beyond the conventional for additional sources of hydrocarbons.
  • A NEW ECONOMIC MODEL FOR UNCONVENTIONAL PLAYS
    Interview

    A NEW ECONOMIC MODEL FOR UNCONVENTIONAL PLAYS

    Monday, 13th March 2017
    Schlumberger co-hosted with Khalda Petroleum Company ‘The Apollonia Unconventional Play’ presentation in February. At the event, HUSSEIN FOUAD EL GHAZZAWI, Schlumberger’s Vice President and General Manager spoke to Egypt Oil&Gas to introduce advancements and challenges that the company has been facing in its work on unconventional oil and gas development with the two field operators in the country.
  • APACHE DETERMINED TO CONTINUE INVESTING IN EGYPT’S UNCONVENTIONALS
    Interview

    APACHE DETERMINED TO CONTINUE INVESTING IN EGYPT’S UNCONVENTIONALS

    Monday, 13th March 2017
    In an exclusive interview with Egypt Oil&Gas, DAVID CHI, Vice President & General Manager, Apache, shared the company’s latest updates on the progress in the unconventional Apollonia field and affirmed Egypt’s major potential in developing unconventional resources as a necessary supplement for its matured fields in a few years time, under the Modernization Strategy umbrella aiming for the country to become a Regional Oil&Gas Hub.
  • Schlumberger EEG TRANSFORMATION TOWN HALL
    Events

    Schlumberger EEG TRANSFORMATION TOWN HALL

    Monday, 13th February 2017
    Schlumberger launched its EEG Transformation Town Hall on 15th of January in a glamorous style, marking the start of a new era that is symbolized by a change towards efficiency. The one-day event took place at the company’s brand new eco-friendly Egypt Center of Efficiency in 6th of October district of Cairo, Schlumberger’s EGP 1 billion investment, which will be officially inaugurated in the second quarter of 2017.
  • TRUMP’S GOOFY OIL POLICY TOWARDS IRAQ
    Politics

    TRUMP’S GOOFY OIL POLICY TOWARDS IRAQ

    Monday, 13th February 2017
    Iraq’s oil industry has been a central component to the welfare of its economy, occupying around 95% of the government’s total revenues. For years following the end of the US war on Iraq, the development of the oil sector in Iraq has been resurrecting amid conflicting national interests over energy resources.
  • WILL ANGOLA WIN AFRICA’S OIL TUG OF WAR?
    COUNTRY INSIGHT

    WILL ANGOLA WIN AFRICA’S OIL TUG OF WAR?

    Monday, 13th February 2017
    Located on the Atlantic coast in the southern part of Africa, the Republic of Angola unexpectedly overtook Nigeria as the top crude producer in Africa during the second half 2016. Yet, Angola did not enjoy its primary position for too long. Already in December 2016, Nigerian Bulletin reported that Nigeria’s oil output slightly surpassed that of Angola by 94,000 b/d.
  • GUPCO Targets Rehabilitation of Its M36 Platform
    Projects

    GUPCO Targets Rehabilitation of Its M36 Platform

    Monday, 13th February 2017
    Gulf Of Suez Petroleum Company (GUPCO) is conducting a rehabilitation project for the company’s M36 platform with an overall cost saving along the project duration, which amounted to $40.39 million.
  • WOMEN IN ENERGY: A New Era
    Research & Analysis

    WOMEN IN ENERGY: A New Era

    Monday, 13th February 2017
    Over the past decade, the energy industry has witnessed a noticeable increase in the number of women in the sector workforce. Several energy companies now boast female CEOs, including traditional exploration and production companies such as Occidental Petroleum and OMV Petrom; and broader energy sector companies such as Engie, Lockheed Martin, Sempra Energy and Duke Energy. There is no doubt that women have made important gains in the industry.
  • OPTIMIZING EXPORT OF REFINED PRODUCTS
    Research & Analysis

    OPTIMIZING EXPORT OF REFINED PRODUCTS

    Monday, 13th February 2017
    Egypt’s geographical location allows the country to become a key regional exporter of refined products. This dream can become a reality for the country in a near future. The Egyptian refineries overall designed capacity amounts to 704,000 b/d, according to EGPC, which would qualify the country to become petroleum derivatives exporter. In search for ways to achieve this, The Egypt Petroleum Show (EGYPS 2017) will open up the floor to discussions about apt strategies for this path.
  • COGENERATION IN REFINERIES: A STEP FORWARD FOR ENERGY EFFICIENCY
    Research & Analysis

    COGENERATION IN REFINERIES: A STEP FORWARD FOR ENERGY EFFICIENCY

    Monday, 13th February 2017
    Population growth and rising living standards have continuously increased Egypt’s energy demand faster than the capacity of supply. Since the country’s main source of electricity is natural gas, improving efficiency in the oil and gas power generation is extremely important to overcome Egypt’s ongoing energy shortages and preserve its natural resources.
  • MODERN INNOVATION IN OFFSHORE TECHNOLOGY
    Research & Analysis

    MODERN INNOVATION IN OFFSHORE TECHNOLOGY

    Monday, 13th February 2017
    The steady increase in global energy demand has long made oil and gas major sources of world energy. In spite of some speculations, petroleum resources are plentiful, particularly in deep waters. Therefore, rather than availability of hydrocarbons, the most troubling question for the IOCs nowadays is related to safe and efficient extraction. And this is where technology plays a key role in offshore drilling.
  • NEW PARADIGMS IN MANAGING OIL&GAS PROJECTS
    Research & Analysis

    NEW PARADIGMS IN MANAGING OIL&GAS PROJECTS

    Monday, 13th February 2017
    Highlighting the importance of sound project management in the oil and gas sector, the Egypt Petroleum Show (EGYPS 2017) has dedicated a specific category on the topic, which will be discussed by experts, industry professionals and executives during the conference’s Technical Sessions.
  • ‘NO BARRIERS AHEAD’
    Interview

    ‘NO BARRIERS AHEAD’

    Monday, 13th February 2017
    The core of EGYPS 2017 lies in the Technical Conference that will spread across the entire three days. The conference brings together experts from the entire upstream, midstream, and downstream oil and gas value chain, providing the opportunity to share technical knowledge and gain critical insights into Egypt’s and North Africa’s fast evolving hydrocarbon business.
  • MARIDIVE GROUP Endless Sea, Endless Growth
    In Focus

    MARIDIVE GROUP Endless Sea, Endless Growth

    Monday, 13th February 2017
    With more than 20 operating marine units currently employed in the Mediterranean Sea and in the Gulf of Suez, Maridive Group counts to the top notch offshore service providers in Egypt. It is also proudly presenting its achievements with the rest of its fleet spread across several continents from the Arabian Gulf and North and West Africa, all the way to Latin America.
  • SHELL Egypt’s Partner for the Future
    Interview

    SHELL Egypt’s Partner for the Future

    Monday, 13th February 2017
    Shell has appointed a new Vice President & Country Chairman, ENG. GASSER HANTER, who has returned to his home country in December 2016, after an exciting journey with Shell in the Middle East and North Africa (MENA) region and Europe, to run Shell companies in Egypt. In an exclusive interview with Egypt Oil&Gas, Eng. Hanter has shared his vision for the company and convincingly confirmed its long-term commitment to Egypt, with a determination to support the country’s vision to become a regional energy hub.
  • BROWSE THE ISSUE

    BROWSE THE ISSUE

    Thursday, 12th January 2017
  • PEOPLE DEVELOPMENT ROUNDTABLE
    Round Table Events

    PEOPLE DEVELOPMENT ROUNDTABLE

    Monday, 9th January 2017
    By Nataša Kubíková The People Development Roundtable held under the high patronage of His Excellency Eng. Tarek El Molla took place in Cairo on 13th December 2016. The roundtable took upon itself a mission to identify alternative ways to transform mechanisms for building human capital for Egypt’s oil and gas industry.
  • ERDOGAN’S DELUSIONS OF ENERGY GRANDEUR: WHY TURKEY WILL NOT ACHIEVE  ‘ENERGY HUB’ STATUS
    Politics

    ERDOGAN’S DELUSIONS OF ENERGY GRANDEUR: WHY TURKEY WILL NOT ACHIEVE ‘ENERGY HUB’ STATUS

    Monday, 9th January 2017
    By Constantinos Papaloucas, Associate with the Environment and Natural Resources Program (ENRP) at Harvard’s Belfer Center for Science and International Affairs With Erdogan’s democratic countercoup enforcing temporary order and the recent rapprochement with Russia and Israel, Turkey’s expected next step is to focus on its long-standing aspiration: to become a regional energy hub in the Eastern Mediterranean (EastMed).
  • ENERGY IN EGYPT 2017:  A YEAR OF TRANSFORMATION?
    In Focus

    ENERGY IN EGYPT 2017: A YEAR OF TRANSFORMATION?

    Monday, 9th January 2017
    By Hugh Fraser, Office Managing Partner, Andrews Kurth Middle East 2017 promises to be a year of transformation for the Egypt energy sector. The Minister of Petroleum, Tarek El Molla, speaking at the OTC Conference in Houston in May last year candidly pointed to the challenges the Egyptian Government was facing with IOC debt accumulations, the burden of fuel subsidies and the impact of currency and expatriation of funds concerns among foreign investors.
  • EGYPT, THE KEY TO THE REGION’S  OIL&GAS FUTURE
    Research & Analysis

    EGYPT, THE KEY TO THE REGION’S OIL&GAS FUTURE

    Monday, 9th January 2017
    By Amira S. Badawey Insight into Egypt's aspiration to become regional oil and gas hub.
  • SHIFTING THE COURSE OF EGYPT’S DOWNSTREAM SECTOR
    Research & Analysis

    SHIFTING THE COURSE OF EGYPT’S DOWNSTREAM SECTOR

    Monday, 9th January 2017
    By Nataša Kubíková, Salma Essam Despite the political unrest, Egypt has maintained the highest refining capacity in Africa since 2011. The estimate stands at 726 billion barrels of petroleum products per day from 2011 to 2015, according to OPEC Annual Statistical Bulletin 2016. And Egypt is well equipped and eager to write an even more successful story for the years to come. What is the future of Egypt’s downstream sector?
  • UPGRADING PEOPLE DEVELOPMENT AGENDA
    Research & Analysis

    UPGRADING PEOPLE DEVELOPMENT AGENDA

    Monday, 9th January 2017
    By Amira S. Badawey Overview of key elements in enhancing human capital in Egypt's oil and gas industry.
  • OIL & GAS ORGANIZATIONS  IN THE FUTURE: PEOPLE CONTRIBUTION TO SUSTAINABILITY AND EXCELLENCE
    Research & Analysis

    OIL & GAS ORGANIZATIONS IN THE FUTURE: PEOPLE CONTRIBUTION TO SUSTAINABILITY AND EXCELLENCE

    Monday, 9th January 2017
    By Osama Elsaadawi, Marketing Manager, Oil & Gas Skills Today’s oil and gas organizations were developed in a time of resource scarcity. To get at those hard-to-find, difficult-to-develop resources, companies built large, complex organizations with strong centralized functions. This model allowed them to tackle terrific technical challenges, manage great operational risk, and deploy scarce talent across its operations.
  • FROM OUTPUT DECLINE TO FEEDSTOCK BOOST
    Research & Analysis

    FROM OUTPUT DECLINE TO FEEDSTOCK BOOST

    Monday, 9th January 2017
    By Salma Essam Overcoming challenges of the Egyptian downstream sector caught between arrears and a lack of feedstock.
  • EGYPT’S ‘INVESTMENT ATTRACTION’ FORMULA
    Research & Analysis

    EGYPT’S ‘INVESTMENT ATTRACTION’ FORMULA

    Monday, 9th January 2017
    By Salma Essam, Nataša Kubíková Embracing foreign investments in oil&gas industry under modernization scheme.
  • RATIONALE BEHIND OIL&GAS SECTOR IMPROVEMENTS
    Overview

    RATIONALE BEHIND OIL&GAS SECTOR IMPROVEMENTS

    Monday, 9th January 2017
    By Nataša Kubíková Setting a clear strategy and a realistic direction for future modernization of the Egyptian oil and gas industry.
  • MODERNIZATION AS A NEW STRATEGY
    Interview

    MODERNIZATION AS A NEW STRATEGY

    Monday, 9th January 2017
    By Nataša Kubíková Speaking with Egypt Oil&Gas, His Excellency ENG. TAREK EL MOLLA introduces Egypt's Oil and Gas Sector Modernization Program.
  • Self-Management Targets Corporate Success
    Human Resources

    Self-Management Targets Corporate Success

    Sunday, 11th December 2016
    By Nataša Kubíková The Egyptian oil and gas industry has been challenged most recently over its people development structures and processes. Schemes for the development of technical and non-technical employees can translate into companies’ success or failure.
  • Learning to Manage Change as a Fixed Component
    Human Resources

    Learning to Manage Change as a Fixed Component

    Sunday, 11th December 2016
    By Nataša Kubíková Two Egyptian companies, Middle East Oil Refinery (Midor) and Tharwa Petroleum Company, launched their alternative Leadership Development Program (LDP) some 11 months ago. The joint initiative has marked a significant success for both partners.
  • Energy in the Middle East: The Big Picture for 2017
    Legal Opinion

    Energy in the Middle East: The Big Picture for 2017

    Sunday, 11th December 2016
    By Hugh Fraser, Office Managing Partner, Andrews Kurth Middle East We are heading towards the end of one of the most transformational years in living memory: at the start of the year, the ink was barely dry on the Paris COP21 Agreement on climate change, the Iran Joint Co-Operation Agreement brought Iran back into the world of international petroleum trade and the oil price slumped to $28;
  • EGYPS – EGYPT PETROLEUM SHOW: EYES OF THE WORLD FOCUS ON EGYPT’S OIL AND GAS SECTOR NEXT FEBRUARY
    Events

    EGYPS – EGYPT PETROLEUM SHOW: EYES OF THE WORLD FOCUS ON EGYPT’S OIL AND GAS SECTOR NEXT FEBRUARY

    Sunday, 11th December 2016
    ‘The Egypt Petroleum Show’ held under the high patronage of the President, His Excellency Abdel Fattah El Sisi, and support of the Ministry of Petroleum and Mineral Resources promises to be the largest oil & gas industry gathering North Africa has ever seen taking place in Cairo from the 14th -16th February at the Cairo International Convention Center.
  • Shell Advocates for Innovation, Collaboration, and Sustainability
    Events

    Shell Advocates for Innovation, Collaboration, and Sustainability

    Sunday, 11th December 2016
    Shell Lubricants Egypt held its Fifth Annual Shell Technology Leadership Conference (STLC) that tackled the world’s biggest energy challenges. More than 100 leading companies and authorities in their fields joined Shell to pioneer best practices in solving the world’s greatest energy challenges now and for future generations.
  • PEOPLE DEVELOPMENT Challenges in MENA Region
    Events Human Resources

    PEOPLE DEVELOPMENT Challenges in MENA Region

    Sunday, 11th December 2016
    Oil and gas industry, like any other business, operates in an ever changing environment and un-der the stress of increased competition. It is therefore imperative for companies to establish via-ble policies to govern their internal development of human capital, stated Chairperson and Gen-eral Manager of Team Misr (TEAM), an Egyptian independent engineering and management consultancy firm, Dr. Helmy Sallam.
  • THE LIFE BALANCE EQUATION
    Research & Analysis Human Resources

    THE LIFE BALANCE EQUATION

    Sunday, 11th December 2016
    By Eng. Ahmed El Ibyari, M.Sc., ACC, CEO & Coaching Partner at Intellect TDH In my line of work as an executive and business coach, I get the chance to work closely with employees across all levels of the organization. One of the main challenges that most people face is finding the right balance between the different aspects of their lives. The common question that I usually get when I deliver work-life balance workshop for employees or business owners is this “Can it be done?”.
  • Perplexities of Petroleum Engineering Education
    Research & Analysis

    Perplexities of Petroleum Engineering Education

    Sunday, 11th December 2016
    By Nataša Kubíková An In-depth Look at the Quality and Structures of the Egyptian Oil & Gas University Programs
  • Retain and Avoid Brain Drain
    Research & Analysis

    Retain and Avoid Brain Drain

    Sunday, 11th December 2016
    By Amira S. Badawey Addressing the flight of skilled oil and gas workers and retention issues within the industry
  • REMEDIES FOR OIL AND GAS WORKFORCE CHALLENGES
    Research & Analysis

    REMEDIES FOR OIL AND GAS WORKFORCE CHALLENGES

    Sunday, 11th December 2016
    By Salma Essam In the exceptionally competitive market of the oil and gas industry, it becomes essential to improve the existing human resources development policies. This requires a set of strategies that ranges from a global training strategy for the industry to reliance on local workforce to attracting calibers from diverse labor pools that may not have been previously involved in a sufficient manner, such as women and workers with disabilities.
  • BRIDGING THE GAP: Oil & Gas Industry Tackles Skills Shortage
    Overview

    BRIDGING THE GAP: Oil & Gas Industry Tackles Skills Shortage

    Sunday, 11th December 2016
    By Shaden Esam Al-Dine Human capital is a vital component in determining socio-economic development in any country. Enhancing human capacities within any business is, therefore, crucial. This is particularly true of the energy sectors in the Middle East where oil and gas are the key to sustaining economic growth and bettering the general standard of living.
  • PEOPLE ARE THE TRUE ASSETS IN OIL AND GAS
    Interview

    PEOPLE ARE THE TRUE ASSETS IN OIL AND GAS

    Sunday, 11th December 2016
    By Amira S. Badawey Egypt Oil&Gas met with Eng. MOHAMED BADR, the Chairman of Oil & Gas Skills (OGS), in an exclusive interview to discuss OGS’s role in people development within the Egyptian oil and gas sector. OGS’ Senior Consultant, Geologist MOSTAFA EL BAHR, was also present during the interview and offered his insightful comments on the subject matter.
  • Achieving Stability in Joint Venture Relationships
    Research & Analysis

    Achieving Stability in Joint Venture Relationships

    Sunday, 6th November 2016
    Joint ventures, unincorporated or otherwise, are the most common structure to undertake projects in the energy and petrochemical industries. There are as many reasons for seeking out a partner as there are projects, including gaining access to technical know-how, combining complementary lines of business, and obtaining entry into an unfamiliar regulatory, cultural or commercial environment.
  • Contractual Regimes for JVs
    Research & Analysis

    Contractual Regimes for JVs

    Sunday, 6th November 2016
    There are many good business reasons to participate in a Joint Venture (JV). One of these reasons is partnering with a business that has complementary abilities and resources. The issue that resonates across the oil and gas industry globally, however, is which legal framework can be more beneficial to the parties involved.
  • NIGERIA: TOWARDS INCORPORATED JOINT VENTURES
    Research & Analysis

    NIGERIA: TOWARDS INCORPORATED JOINT VENTURES

    Sunday, 6th November 2016
    The drastic slump in global oil prices and the continual militant attacks on Nigeria’s petroleum facilities rendered the market feeble and brought about financial problems for the country’s joint ventures. The situation had been grave even at a time when a lot of revenue was being made from crude oil as a result of high production and prices. Now that the crude oil production in Nigeria is at its lowest, the government has recently realized the importance of bringing up a solution for funding its oil sector.
  • THE EGYPTIAN UPSTREAM PETROLEUM SECTOR: LEGAL ANALYSIS OF JOINT OPERATING COMPANIES
    In Focus

    THE EGYPTIAN UPSTREAM PETROLEUM SECTOR: LEGAL ANALYSIS OF JOINT OPERATING COMPANIES

    Sunday, 6th November 2016
    Petroleum upstream projects in Egypt are considered a milestone in the growth of the Egyptian national economy and they are the main vehicle through which sustainable development may be achieved in the country. Petroleum production projects include two main phases, the exploration phase and the development and production phase.
  • BETTER TOGETHER:  Joint Ventures in Oil and Gas
    Overview

    BETTER TOGETHER: Joint Ventures in Oil and Gas

    Sunday, 6th November 2016
    When the first joint venture was formed in Egypt in 1911, the oil and gas industry was in its infancy. Anglo-Egyptian Oilfields Company was a marriage of two private companies: Royal Dutch Shell and British Petroleum (BP). The company went on to be the major player in the industry for over fifty years, until it was nationalized in 1964 as the Egyptian General Petroleum Corporation (EGPC). As the oil and gas industry has expanded and shifted in the years since, joint ventures have played a significant role.
  • Investments in Egypt Yield Immediate Return
    Interview

    Investments in Egypt Yield Immediate Return

    Sunday, 6th November 2016
    Egypt Oil&Gas sat down with Deputy CEO of Production at the Egyptian General Petroleum Corporation (EGPC), DIAA ELDIN M. KASSEM, in an exclusive interview to discuss the role of International Oil Companies within the Egyptian upstream market.
  • Apex International Energy: READY TO MAKE A DIFFERENCE
    Interview

    Apex International Energy: READY TO MAKE A DIFFERENCE

    Sunday, 6th November 2016
    A new player has entered the Egyptian oil and gas industry and is ready for business. Apex International Energy launched its presence in Egypt with a New Cairo office and an initial investment commitment of up to $500 million from Warburg Pincus. Apex is energetic, enthusiastic, and eager to grow hydrocarbon production in the country in an effort to create value and make a difference.
  • TO BE A JOINT VENTURE OR NOT TO BE?
    Research & Analysis

    TO BE A JOINT VENTURE OR NOT TO BE?

    Sunday, 6th November 2016
    Although Egypt’s oil and gas industry centers on national oil companies (NOC), the government encourages investment by international firms (IOC). Their involvement in the production of petroleum contributes to Egypt’s balance of payments with inflows for foreign direct investment (FDI) to finance projects and revenues from production. Additionally, there are also outflows of foreign exchange used to purchase capital goods and services sourced from abroad, as well as profit remittance. Accordingly, in Egypt’s upstream sector, production continues to be led by global organizations, with some 47 foreign companies involved in 100% of Egypt’s oil and gas production.
  • Joint Ventures in the Energy Sector: Structuring JVs for Success in Egypt
    Legal Opinion

    Joint Ventures in the Energy Sector: Structuring JVs for Success in Egypt

    Tuesday, 11th October 2016
    The sheer scale of investment needed to bring Egypt’s deepwater upstream, downstream oil and gas, and power projects into operation, and the specific needs for foreign investment, casts a sharp focus on the joint venture mechanism for doing business in Egypt. The aggregate level of investment anticipated across these sectors currently exceeds $100 billion and it is hoped that the IMF funding package of $12 billion agreed in August will serve as the catalyst to kick start or accelerate much of the needed investment.
  • Improving Service Companies’ Profitability through Supply Chain Agility
    Research & Analysis

    Improving Service Companies’ Profitability through Supply Chain Agility

    Tuesday, 11th October 2016
    The global oil and gas industry has been rapidly turning into a highly volatile and complex industry over the last two years. Meanwhile, the different types of players operating within the industry have been often caught competing on supply chain effectiveness to lower their overhead costs, improve their operational efficiency, and sustain their growth and profitability, in the thick of the fluctuating business environment. Oil-field service and equipment (OFSE) companies have been among the companies suffering the most from the international plunge in oil prices, which commenced in mid-2014.
  • The Role of Sensors Service Companies in Global Oil Market
    Research & Analysis

    The Role of Sensors Service Companies in Global Oil Market

    Tuesday, 11th October 2016
    Technology is vital to enhance the quality of service companies’ output provided to the oil and gas industry. Skills, methods, and techniques that research and development departments (R&D) of service firms adopt, help boost production for oil and gas companies with a minimal cost and high efficiency. The developments then promise to maximize service companies’ revenues.
  • Driving Revenues through Innovative Technology
    Research & Analysis

    Driving Revenues through Innovative Technology

    Tuesday, 11th October 2016
    National Oil Companies’ (NOCs) growing interest in new kinds of partnerships has created new opportunities for oil field service companies. As profits and revenues of service firms highly depend on the scale of exploration activities, innovative technology has become an essential component for revenue generation. Giant oil field service actors such as Halliburton, Schlumberger, and Baker Hughes have thus resorted to this business strategy in a market where crude prices have witnessed an unprecedented decline.
  • SEISMIC DATA FIRMS CONTRIBUTE TO UPSTREAM
    Research & Analysis

    SEISMIC DATA FIRMS CONTRIBUTE TO UPSTREAM

    Tuesday, 11th October 2016
    Drilling costs for oil and gas concessions can reach over $100 million. Calculations per field average between $5 to $10 million for drilling and completion expenses, as is the case for Eagle Ford and Bakken in the US, and the drilling of AG-115 well in Abu Gharadig field in Egypt, costing $6.5 million. Therefore, companies do not want to explore wrong locations, only to discover poor-yielding assets at the end of the process.
  • OILFIELD SERVICE COMPANIES ADOPT A NEW ROLE
    Overview

    OILFIELD SERVICE COMPANIES ADOPT A NEW ROLE

    Tuesday, 11th October 2016
    Oil drillers have struck a “Gusher”! This is, however, a gusher they do not want, one of red ink signifying unprofitable budgets. The overproduction of crude oil, along with low price per barrel, has led to less demand for crude, resulting in loss of revenues for oil service companies. The question is, can service companies survive the severe fall in revenues, and still remain healthy enough to perform on future contracts?
  • CREATIVE MUD LOGGING SYSTEM
    Projects

    CREATIVE MUD LOGGING SYSTEM

    Sunday, 18th September 2016
    Mud logging is the creation of a detailed record - a well log - of a borehole by examining the cuttings of rock brought to the surface by the circulating drilling medium; most commonly known as drilling mud.
  • Protecting and Commercializing Advanced Petroleum Technology: The Role of Intelligent Energy Law in 2016
    Legal Opinion

    Protecting and Commercializing Advanced Petroleum Technology: The Role of Intelligent Energy Law in 2016

    Sunday, 18th September 2016
    The world of energy sustained a threefold shock to the system as the industry rolled into 2016. First, the impact of the COP21 Agreement reached on 12th December 2015 in Paris, which stressed the need to focus on the reduction of carbon emissions, had arrived definitively. This brought sharply into focus the International Energy Agency’s proposed “Bridge Scenario” which, it is claimed, could deliver a peak in energy-related emissions by 2020, relying solely on proven technologies and without changing economic development prospects of any region by virtue of five key initiatives: increased energy efficiency; the progressive reduction and phasing out of inefficient coal-fired power plants; phasing out fossil fuel subsidies by 2030; reducing methane emissions in oil and gas production; and increasing investment in renewable energy technologies from $270 million in 2014 to $400 billion in 2030.
  • IRAN PETROLEUM CONTRACTS PAVE WAY TO FOREIGN INVESTMENTS
    Research & Analysis

    IRAN PETROLEUM CONTRACTS PAVE WAY TO FOREIGN INVESTMENTS

    Sunday, 18th September 2016
    Iran has been taking steps towards boosting its oil dependent economy after finally lifting international sanctions against its energy sector. Announcing the new scheme of the oil and gas contracts, known as Iran Petroleum Contracts (IPCs), has encouraged foreign investors to strike deals with the Islamic Republic. As the new contract model replaced the old buybacks scheme, it has also raised critics and concerns in Tehran, leaving the future of the new oil contract up for debate. These disputes over the new IPCs, nevertheless, proved misplaced and invalid.
  • Arbitration in Egypt: Myth or Reality?
    Research & Analysis

    Arbitration in Egypt: Myth or Reality?

    Sunday, 18th September 2016
    The Egyptian Judicial System has traditionally been regarded as the primary and sometimes exclusive forum for the settlement of legal disputes in Egypt. The country’s judicial system has, however, become increasingly overloaded, timely and notoriously procedurally complex over the past few decades, rendering it incapable of keeping up with the swift pace of modern business transactions.
  • The New Gas Law between Drafting and Implementation
    Research & Analysis

    The New Gas Law between Drafting and Implementation

    Sunday, 18th September 2016
    Egypt is currently facing a gas deficit as a result of a drop in production levels at the same time as domestic energy consumption is rising. Drastic measures were required to return balance to the Egyptian gas market. In alignment with the ministry’s efforts to free the energy market, the Egyptian National Gas Holding Company (EGAS), guided by the Egyptian General Petroleum Corporation (EGPC) directives, set out to develop a competitive and transparent gas market in Egypt, by drafting a new legal and regulatory framework for the downstream segment, in what is being termed the New Gas Law.
  • COMPLEXITIES OF REGULATORY FRAMEWORK ALTERNATIVES
    Overview

    COMPLEXITIES OF REGULATORY FRAMEWORK ALTERNATIVES

    Sunday, 18th September 2016
    Investments in Egypt’s oil and gas sector have remained fairly weak over the last few years. This reality emerged not only because of the nation’s high political risk and unstable economic situation, but also because some legal aspects within Egypt’s oil and gas regulatory framework failed to grant both the international oil companies (IOCs) and the privately-owned oil and gas companies the rights that they were seeking.
  • REMEMBERING DR. HAMDI EL BANBI The Father of Egypt’s Oil and Gas Industry
    Profile

    REMEMBERING DR. HAMDI EL BANBI The Father of Egypt’s Oil and Gas Industry

    Sunday, 18th September 2016
    Dr. Hamdi El Banbi, a petroleum engineer, who led Egypt’s Oil Ministry between 1991 and 1999, suddenly passed away at the age of 81 on August 11th 2016. Dr. Hamdi El Banbi has left behind a massive legacy that will continuously impact the Egyptian oil and gas industry. His inputs will serve as guiding principles for future visions and missions of the country’s different energy sectors, promising to boost its potential and capacity. His achievements range across various segments of the industry.
  • Navigating through Production Sharing, Concession, and Service Agreements
    In Focus

    Navigating through Production Sharing, Concession, and Service Agreements

    Sunday, 18th September 2016
    Production Sharing, Concession, and Service Agreements are the three basic types of the contractual arrangements executed in petroleum exploration and production. These agreements are concluded between the host country (HC), where the exploration and production operations will take place, whether in its onshore or offshore territories, and its national oil company (NOC) and a petroleum company (IOC). IOC may consist of one company or a group of companies (consortium) and might be local or international.
  • EGYPS2017 Eyes to Generate Business
    Events

    EGYPS2017 Eyes to Generate Business

    Sunday, 7th August 2016
    There is a great deal of industry interest and excitement for EGYPS, the very first Egypt Petroleum Show set to take place from the 14th – 16th February 2017 in Cairo, Egypt.
  • RE-ASSESSING RISK AVOIDANCE STRATEGIES IN LNG CONTRACTING
    Legal Opinion

    RE-ASSESSING RISK AVOIDANCE STRATEGIES IN LNG CONTRACTING

    Thursday, 4th August 2016
    Despite the tsunami of power generation development that is currently underway throughout the world and dependent upon renewable energy technologies, more traditional thermal electricity generation strategies are still in play for a number of reasons.
  • Empowerment through Innovative Strategic Management
    Human Resources

    Empowerment through Innovative Strategic Management

    Thursday, 4th August 2016
    Midor&Tharwa tandem appears resolute in its intention to enhance human resources capacities of the two companies in order to withstand the current oil price environment. Both teams continue implementing a tailored Leadership Development Program (LDP) in cooperation with Team Misr intensively.
  • BEBA-EGA: Discussing New Gas Market Regulations
    Events

    BEBA-EGA: Discussing New Gas Market Regulations

    Thursday, 4th August 2016
    The Egyptian government has been dedicated to venturing new gas market regulations under the New Gas Law, which was the topic of a high-profile event jointly organized by the British Egyptian Business Association (BEBA) and the Egyptian Gas Association (EGA) on July 19th, 2016 held in Cairo Marriott Hotel.
  • CSR IN EGYPT:  Balancing Environmental and Communal Needs
    Research & Analysis

    CSR IN EGYPT: Balancing Environmental and Communal Needs

    Thursday, 4th August 2016
    Oil and gas companies have been trying to showcase the corporate social responsibility strategies and their decisions considered to ameliorate the unhealthy practices, within their supply chain systems, that negatively affect the surrounding environment. Yet, the CSR practices by energy firms demonstrate a slight discrepancy between the offered societal services and the actual needs of local communities.
  • Where Environmental CSR and Profitability Intersect
    In Focus

    Where Environmental CSR and Profitability Intersect

    Thursday, 4th August 2016
    The hydrocarbon industry involves intensive activities that have the potential to bring significant environmental transformations. Fossil fuel burning, incidents of oil spills, and the myriad of damages inflicted by the energy sector have long created on and off conflicts between oil companies and local communities.
  • Corporate Social Responsibility Offers Win-Win Scenario
    Overview

    Corporate Social Responsibility Offers Win-Win Scenario

    Thursday, 4th August 2016
    Corporate Social Responsibility (CSR) has recently turned into a buzz word that is trending among all the savvy oil and gas companies all over the world. These companies are frequently caught publicizing the contributions they make to the economic development of their hosting communities, which focuses on ethical, philanthropic, and environmental practices.
  • SOCIAL LICENSE AND OIL INDUSTRY NEXUS
    Research & Analysis

    SOCIAL LICENSE AND OIL INDUSTRY NEXUS

    Thursday, 4th August 2016
    Oil and gas companies’ operations have often sparked the rage of the public protesting against damage that they caused to their environment. This has on myriad of occasions shaken the legitimacy of fossil fuel players. Energy companies have, therefore, found it essential to adopt corporate social responsibility (CSR) projects and initiatives in efforts to secure a ‘Social License’ within local communities and thus accommodate local, national, and international criticism.
  • RE-ASSESSING RISK AVOIDANCE STRATEGIES IN LNG CONTRACTING
    Legal Opinion

    RE-ASSESSING RISK AVOIDANCE STRATEGIES IN LNG CONTRACTING

    Sunday, 3rd July 2016
    By Mark Thurber, Partner, Andrews Kurth LLP Despite the tsunami of power generation development that is currently underway throughout the world and dependent upon renewable energy technologies, more traditional thermal electricity generation strategies are still in play for a number of reasons.
  • EGYPTIAN GAS ASSOCIATION – ANDREWS KURTH: Introducing Legal Training for Oil&Gas Companies
    Events

    EGYPTIAN GAS ASSOCIATION – ANDREWS KURTH: Introducing Legal Training for Oil&Gas Companies

    Sunday, 3rd July 2016
    The Egyptian Gas Association in collaboration with Andrews Kurth LLP Middle East, and Open Chance & Associates organized a two day training program International Oil and Gas Law and Contracts, held at the Intercontinental City Stars Hotel on the 1st and 2nd June, 2016.
  • Midor & Tharwa United in People Development
    Human Resources

    Midor & Tharwa United in People Development

    Sunday, 3rd July 2016
    Cost reductions in the oil sector seem to hit hardest human resources (HR) departments. In Egypt, this practice is argued by many to be detrimental to the companies themselves. Others point out that this approach may undermine economic prospects of the entire country as the oil and gas sector is strategic for Egypt and forms a core pillar of its future development.
  • Perplexities of Ditching Offshore Projects
    Research & Analysis

    Perplexities of Ditching Offshore Projects

    Sunday, 3rd July 2016
    Offshore drilling has been full of booms, busts, baulks, and boondoggles. Along with onshore exploration, countries of the Middle East, Africa, North America, and Asia have resorted to drilling in deep waters to boost oil production and to meet domestic as well as international demands.
  • UPSTREAM Sector’s Strategy for SURVIVAL
    Research & Analysis

    UPSTREAM Sector’s Strategy for SURVIVAL

    Sunday, 3rd July 2016
    By Basma Mostafa The entire oil and gas industry was shaken to the core, when oil prices began tumbling in mid 2014 after trading above $100 a barrel, but it was the upstream sector that bore the brunt of the dramatic price drop worst.
  • Collaboration as a Game Changer
    Interview

    Collaboration as a Game Changer

    Sunday, 3rd July 2016
    At the time ENG. SALEM HASSAN ABDALLAH joined Suez Oil Company (SUCO) as its Chairman, the oil prices witnessed a major downfall, which “has become a serious problem for all the companies,” as he said in an exclusive interview with Egypt Oil&Gas.
  • TO&GY STRATEGIC ROUNDTABLE ‘UNLOCKING EGYPT’S ENERGY POTENTIAL’
    Events

    TO&GY STRATEGIC ROUNDTABLE ‘UNLOCKING EGYPT’S ENERGY POTENTIAL’

    Sunday, 5th June 2016
    The Oil & Gas Year (TOGY), in collaboration with Egyptian Gas Association (EGA), organized the Second Strategic Roundtable, held on Sunday 15th of May. The discussion shed light on ‘Unlocking Egypt’s Energy Potential’ in line with market liberalization, international financing, attracting foreign direct investments, and contracting philosophies.
  • EGYPT IS COMPETING FOR GLOBAL CAPITAL
    Interview

    EGYPT IS COMPETING FOR GLOBAL CAPITAL

    Sunday, 5th June 2016
    At the Egypt Oil&Gas Newspaper’s (EOG) Annual Convention, EOG had a pleasure of meeting Transglobe Energy Country Manager &Director and Chairman of the Brownfields Technical Committee, BRIAN TWADDLE, to discuss the most burning issues related to improving the investment environment in Egypt, consolidation of the Joint Venture companies (JVs), and unexplored cooperation potential with the service sector.
  • CONVENTION WORKSHOP:  MAXIMIZING OIL RECOVERY POTENTIAL
    Events

    CONVENTION WORKSHOP: MAXIMIZING OIL RECOVERY POTENTIAL

    Sunday, 5th June 2016
    The EOR/ Water Flooding Technical Convention dedicated a day to a series of technical workshops bringing together experts in the oil and gas field to discuss new ideas and newly implemented techniques, as well as to learn from success stories.
  • CONVENTION TRAINING: OIL RECOVERY THROUGH WATERFLOODING
    Events

    CONVENTION TRAINING: OIL RECOVERY THROUGH WATERFLOODING

    Sunday, 5th June 2016
    The training session provided participants with an opportunity to acquire extensive knowledge about the most recent technologies in the area of secondary and tertiary recovery methods.
  • OPTIMISM IN EGYPT’s INVESTMENT ENVIRONMENT
    In Focus

    OPTIMISM IN EGYPT’s INVESTMENT ENVIRONMENT

    Sunday, 5th June 2016
    In the global low oil prices environment, oil and gas companies are facing a decline. Costs for field exploration and development are higher than generated profit. Major oil producing companies in the region are reported to have slashed their budgets by 40% to 50%, and cancelled as much as 50% of their planned operations.
  • EYES ON DIGITAL TECHNOLOGY. THE FUTURE IS NOW.
    Research & Analysis

    EYES ON DIGITAL TECHNOLOGY. THE FUTURE IS NOW.

    Sunday, 5th June 2016
    Investment is somehow one of the most controversial aspects in companies’ lives. Through in-vestments, companies are expanding something tangible without quite knowing what the result will be, trying to make an educated bet, with the hope of eventually collecting a payout. But how much will a company receive in return, and when?
  • PROMISING INVESTMENT OUTLOOK FOR MENA
    Research & Analysis

    PROMISING INVESTMENT OUTLOOK FOR MENA

    Sunday, 5th June 2016
    Despite the challenges of low oil prices, uncertain economic outlooks, and regional instability, the Middle East and North Africa (MENA) energy sector boasts many exciting investment projects.The region can anticipate almost $900 billion in energy sector investments over the next five years, according to the Arab Petroleum Investments Corporation (APICORP).
  • EOR / WATER FLOODING: BOOSTING JVs’ PERFORMANCE
    Events

    EOR / WATER FLOODING: BOOSTING JVs’ PERFORMANCE

    Sunday, 5th June 2016
    Egypt Oil & Gas Newspaper held the third technical convention in Cairo in May, bringing together key representatives of the oil and gas industry to debate one of the timeliest themes of common interest – Enhanced Oil Recovery (EOR) and Waterflooding. On 23rd May, leaders in the oil sector gathered at a roundtable to search for ways forward through enhancement of the economics of Joint Venture companies (JVs).
  • MOC 2016: Egypt Offers Efficient Investment Model
    Events

    MOC 2016: Egypt Offers Efficient Investment Model

    Wednesday, 4th May 2016
    The MOC 2016 Conference - Mediterranean Potentials - Unlocked Step 1 - has attracted a gigantic attention of current and new players in the industry. In the course of three days, more than 1,600 delegates from 23 countries gathered in the Bibliotheca Alexandria complex. Industry professionals and decision-makers presented their innovative ideas, new research, technologies, as well as the latest developments impacting the offshore exploration and production activities in the Mediterranean Sea.
  • Renewable Energy for Egypt’s Optimal Generating Mix
    Legal Opinion

    Renewable Energy for Egypt’s Optimal Generating Mix

    Wednesday, 4th May 2016
    The response of various governments and other policy makers and advocates to the worldwide emergence and ongoing development possibilities of renewable energy, particularly of the wind and solar variety, has been inconsistent. The spectrum of policy implementation ranges from ardent promotion to tepid indifference. Renewables’ penetration into the various grids of the world appears, more often than not, to correspond to the degree of promotion of renewables extant in each locale.
  • MOBILE SOLUTIONS FOR GAS FLARE REDUCTION
    Technology

    MOBILE SOLUTIONS FOR GAS FLARE REDUCTION

    Wednesday, 4th May 2016
    Innovative technologies for more efficient and environmentally friendly utilization of associated petroleum gas are flooding the market. There is a plethora of available products to choose from that will help replace gas flaring with other more economically viable and energy efficient alternatives. The technologies were developed for countries that cannot adopt standard solutions such as building expensive gas pipelines that would transport associated gas.
  • NORWEGIAN Lesson in Gas Flare Elimination
    Research & Analysis

    NORWEGIAN Lesson in Gas Flare Elimination

    Wednesday, 4th May 2016
    Routine gas flaring is a dramatic example of what should urgently be eliminated. There is no benefit to it from the monetary point of view, except in a rare number of cases. Given an enormous dimension of the problem, could routine gas flaring really end? Is it an issue of willingness, financing, or knowledge?
  • Nigeria’s Unfulfilled Gas Flare Targets
    Research & Analysis

    Nigeria’s Unfulfilled Gas Flare Targets

    Wednesday, 4th May 2016
    Nigeria is an eloquent example of a gas flaring paradox. While exerting efforts in stopping routine gas flaring for decades, an end to this practice seems to be still distant for the country. It seems that Nigeria is taking one step forward and two steps back.
  • Fading Environmentally Destructive Flames
    Research & Analysis

    Fading Environmentally Destructive Flames

    Wednesday, 4th May 2016
    Gas flaring, a long-standing practice in the oil and gas industry, has come under harsh criticism. It not only wastes valuable resources and billions of dollars annually, it also has a severe impact on the environment. Efforts to curb gas flaring around the world are slowly gaining support, and if pursued efficiently, the end of this practice, harmful to our health, may come true by the envisioned 2030.
  • BURNING GAS, BURNING MONEY
    In Focus

    BURNING GAS, BURNING MONEY

    Wednesday, 4th May 2016
    For a country that is already juggling several economic problems, the prospect of saving an additional $300m per year is an exciting piece of news. The amount corresponds with annual losses that Egypt suffers from as a result of 2.5bcm of gas being flared in the country every year, according to preliminary findings of a study conducted by the European Bank for Reconstruction and Development (EBRD).
  • Gas Flaring Reduction is Possible
    Interview

    Gas Flaring Reduction is Possible

    Wednesday, 4th May 2016
    The European Bank for Reconstruction and Development (EBRD) in cooperation with the Egyptian oil sector held a prominent workshop on gas flaring reduction in the oil and gas sector in March 2016. At the Cairo event, Egypt Oil&Gas had an opportunity to meet EBRD’s Associate Director, CRISTIAN CARRARETTO, to discuss the Bank’s support for the country in - what has already become - a global initiative - Zero Routine Flaring by 2030 - to eliminate routine gas flaring detrimental to the oil and gas industry in economic terms, to the country’s social development, and most alarmingly to environmental concerns.
  • ZERO GAS FLARE PROSPECTS FOR Egypt
    Overview

    ZERO GAS FLARE PROSPECTS FOR Egypt

    Wednesday, 4th May 2016
    When environmental improvement promises economic prospect, the hesitation is hardly in place. An assumption that environmental responsibility is unattractive as it comes with higher investments has already been shattered. This is particularly visible in the practices of associated petroleum gas (APG) flaring, which is truly a global conundrum.
  • Refining In Environmentally Friendly Way
    Projects

    Refining In Environmentally Friendly Way

    Monday, 4th April 2016
    The Egyptian Refining Company (ERC) aspires to become a role model for national projects aimed at adopting environmentally friendly operations to meet national and international standards. The ERC has developed a project that is being implemented through its Mostorod refinery site.
  • LNG to Launch New Era for Marine Fuel
    Research & Analysis

    LNG to Launch New Era for Marine Fuel

    Monday, 4th April 2016
    In the spirits of the UN Climate Change meeting - UNFCCC COP 21 - held in Paris in December 2015, all nations need to do their utmost to reduce levels of polluting emissions as soon as possible. The legal framework for the maritime transportation sector is defined by the International Conventions for the Prevention of Pollution from Ships (MARPOL) Annex VI, which was elaborated by the International Maritime Organization (IMO).
  • MEDITERRANEAN DILEMMA OF LNG BUNKERING
    Research & Analysis

    MEDITERRANEAN DILEMMA OF LNG BUNKERING

    Monday, 4th April 2016
    Tankers cruising the Mediterranean Sea have become a dilemma for shippers and oil and gas producers alike. They run on heavy fuel and marine diesel oil. Yet, it is liquefied natural gas (LNG) that is a safest bet for an environmentally friendly future and economic prospect in the region.
  • Maritime Borders in the EASTERN MEDITERRANEAN
    Research & Analysis

    Maritime Borders in the EASTERN MEDITERRANEAN

    Monday, 4th April 2016
    Wild waters of the Eastern Mediterranean spread a massive veil over wealthy gas reserves. Countries in the region have become feverish to lift it, claiming a better and bigger portion of resources hidden below the sea bedrock. But their eagerness to dig into the subsea richness often generates disputes and confrontations.
  • Explore or Ignore? Egypt’s Western Mediterranean
    In Focus

    Explore or Ignore? Egypt’s Western Mediterranean

    Monday, 4th April 2016
    The vast wealth of hydrocarbons that lie beneath Egyptian waters in the Mediterranean Sea has recently attracted international attention and possibly provoked envy of some countries. While massive finds in the eastern Mediterranean areas have intensified interest in expanding exploration activities in the region, Egypt’s future may be promising when looking at the country’s northwestern coast as well.
  • Managing Legal and Commercial Risks in the Egyptian Offshore Industry
    Legal Opinion

    Managing Legal and Commercial Risks in the Egyptian Offshore Industry

    Monday, 4th April 2016
    The Mediterranean Offshore Conference that will be held on 19th – 21st April in Alexandria will be dominated this year by the impact of the major ENI Zohr Gas Field and BP West Nile Delta projects, which between them are anticipated to involve $27b of investment. This is an exciting time in Egypt’s offshore oil and gas development.
  • The New Age of Zohr
    Overview

    The New Age of Zohr

    Monday, 4th April 2016
    Egypt’s gigantic Zohr field has raised enormous expectations for the future of offshore exploration in the Eastern Mediterranean. As it is one of the largest gas finds in this region, there is no doubt that the country has found itself a goldmine, which has marked a launch of a new age for Egypt’s industry.
  • Linking Petroshahd to Qarun Fields
    Projects

    Linking Petroshahd to Qarun Fields

    Wednesday, 2nd March 2016
    Petrojet is implementing the design and construction work for a 6-inch in diameter 3.6km pipeline, extending from the Shahd plant to the Southeast Shahd plant; in addition to a 10-inch in diameter pipeline, extending 83km to crude storage facilities at Qarun fields.
  • Foreign Investment in Egypt: Motivations and Methods of Encouragement
    Legal Opinion

    Foreign Investment in Egypt: Motivations and Methods of Encouragement

    Wednesday, 2nd March 2016
    We are now at the first anniversary of the game changing investment summit held last March in Sharm El-Sheikh. The summit sent out a clear message, that Egypt was “open for business,” and actively seeking foreign investment. This first anniversary landmark is the right time to re-visit why foreign investors should be committing to Egypt, as well as measure the progress that Egypt’s government and business community has made in the last 12 months, and to track what remains to be done.
  • Enhanced Oil Recovery
    Energy Finance

    Enhanced Oil Recovery

    Wednesday, 2nd March 2016
    Oil and gas firms need to expand their focus beyond short-term issues such as tumbling oil prices and oversupply if they are to successfully navigate the growing range of disruptive forces that will shape the industry.
  • Saudi Cash to Egypt as a Double Edged Sword
    In Depth

    Saudi Cash to Egypt as a Double Edged Sword

    Wednesday, 2nd March 2016
    Financial support can easily become a double edged sword, for individuals desperate for help, and for states alike. Egypt is also experiencing the tricks. Cash inflow from the Gulf countries made the Egyptian government feel victorious. But the taste of it may slowly become bitter.
  • Rentier States: Feeling the Pressure
    Research & Analysis

    Rentier States: Feeling the Pressure

    Wednesday, 2nd March 2016
    In political science, the term “rentier state” refers to a state that derives the majority of government revenues from the sale of domestic resources to external clients. Today, the term almost exclusively applies to the world’s major oil-producing states, particularly in the Middle East, Africa and Latin America, which boast massive state-controlled oil and gas reserves and firms to utilize them. Academics hypothesize on the effects of rentier economics on democratic, institutional, economic and human development, the general consensus being that the practice is rarely a good thing – the debate over the “oil curse” is a common one.
  • THE REALITY OF ENHANCED OIL RECOVERY IN EGYPT
    Research & Analysis

    THE REALITY OF ENHANCED OIL RECOVERY IN EGYPT

    Wednesday, 2nd March 2016
    Egypt is in a competition with itself. It is trying to expand incoming investments, and it is striving to win back trust of foreign oil companies. Attempts to open up investment environment for old and new oil majors keep stumbling across fiscal and monetary uncertainties that the Egyptian government is currently facing.
  • Will Foreign Investments Tip the Scales for Egypt’s Oil Industry?
    Overview

    Will Foreign Investments Tip the Scales for Egypt’s Oil Industry?

    Wednesday, 2nd March 2016
    Five years of political instability and internal struggles have dealt a huge blow to the already fragile Egyptian economy. A reality that manifested itself in the dwindling foreign currency reserves of the Egyptian state, threatening pay debts its capacity to import goods and to foreign partners.
  • The Future of Natural Gas Industry in Egypt
    Round Table

    The Future of Natural Gas Industry in Egypt

    Wednesday, 2nd March 2016
    The Egyptian Gas Association (EGA) held an executive roundtable - The Future of Natural Gas Industry in Egypt - with the presence of Minister of Petroleum and Natural Resources, Tarek El Molla, on 23rd February, 2016.