Features | In Focus

  • Assessing the future potential of Gaza Marine field

    Assessing the future potential of Gaza Marine field

    Thursday, 5th April 2018

    In early March 2018, sources within the Palestinian Authority (PA) provided additional confirmation that the largest stakeholder of the Gaza Marine natural gas field – Royal Dutch Shell – is in the process of divesting their stake. Back in January 2018, several industry insiders revealed that the Anglo-Dutch oil giant was looking to offload their stake in the field – and that it was struggling to find a willing buyer. Two months later, Palestinian cabinet ministers officially announced that they were indeed searching for a replacement international company to invest in the field and finally initiate its development.

  • France’s Ban of Fossil E&P by 2040, a Symbolic or Influential move?

    France’s Ban of Fossil E&P by 2040, a Symbolic or Influential move?

    Thursday, 5th April 2018

    The Paris Agreement aims to limit climate change through reducing air pollution with a long-term goal of reaching net zero greenhouse gas emissions. Under the agreement, the French government has started to take steps toward reducing its fossil fuel usage.

  • A Deeper Look into Egypt’s Gas Market Liberalization

    A Deeper Look into Egypt’s Gas Market Liberalization

    Sunday, 4th March 2018

    The Egyptian government has embarked on a policy of market liberalization in all sectors since the 1970s. It was not until recently, however, that the idea of liberalizing the energy market was placed on the table. In 2015, natural gas decreasing production and growing demand forced the former natural gas exporting state to start importing natural gas.

  • Iranian Latest Demonstrations’ Effect on the Oil Market

    Iranian Latest Demonstrations’ Effect on the Oil Market

    Sunday, 4th March 2018

    In December 2017, the oil barrel price reached $64 - the highest monthly average since 2014. One of the factors that could have contributed to this increase was the Iranian massive demonstrations that took place between December 28, 2017 and January 3, 2018.

  • ZOHR The Pathway to Egypt’s Dream

    ZOHR The Pathway to Egypt’s Dream

    Thursday, 1st February 2018

    On the 16th of December Eni alongside partners BP and Rosneft began production from Egypt’s giant Zohr field. This milestone was reached on schedule, a mere 22 months after FID was taken. Phase One is expected to add 800 mmcfd to Egypt’s surging gas supply next year.

  • The Human Element An Eye into the Lives of Female Field Engineers

    The Human Element An Eye into the Lives of Female Field Engineers

    Thursday, 1st February 2018

    The petroleum industry is widely known for being dominated by men, especially upstream fieldwork. Whether the field is located in the middle of the desert or in the middle of the Mediterranean, on-site workers have to spend weeks working for long shifts under difficult conditions.

  • Critical Supply Chain and Procurement Strategies in the Era of Low Oil Prices

    Critical Supply Chain and Procurement Strategies in the Era of Low Oil Prices

    Monday, 1st January 2018

    Oil and Gas companies operate in dynamic and complex environments, where they face constant supply and demand challenges. Now with Brent oil prices hovering at 50$ range, the need of the hour is to evaluate the supply chain and procurement techniques and costs. Sector companies need to focus on the non-hydrocarbon supply chains that handle the parts, materials and services required to run the business.

  • An Assessment of the Effects of the Currency Floatation on E&P activities

    An Assessment of the Effects of the Currency Floatation on E&P activities

    Sunday, 3rd December 2017

    As Egypt went through a volatile state during the past couple of years, the hydrocarbon industry followed closely in its struggles to remain afloat. Today, as most indicators highlight to an upwards trajectory, many experts address the direction the sector will take.

  • Amidst Dreams of Self-Sufficiency What will Happen to Egypt’s FSRUs?

    Amidst Dreams of Self-Sufficiency What will Happen to Egypt’s FSRUs?

    Sunday, 12th November 2017

    The usage of Floating Storage Regasification Units (FSRUs) has been an asset for Egypt’s natural gas imports since 2015, when the country downgraded its position as a natural gas exporter to a net importer. Recent discoveries, however, forecast an output boom that will enable Egypt to entirely cover its domestic demand with local supply by late 2018. The expected rupture with natural gas imports and the prospects of regaining its position as an exporter led the natural gas industry to rethink FSRUs’ usage, looking at it as an essential tool to help Egypt become a regional energy hub.

  • A Look into the Immediate Impact of Zohr on Egypt’s LNG Import Bill

    A Look into the Immediate Impact of Zohr on Egypt’s LNG Import Bill

    Sunday, 5th November 2017

    As Egypt’s famous mega gas field Zohr nears its official production date, many speculations revolve around how soon it will begin to impact the local market behavior, and more importantly, the national import bill.

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