Oil brownfields are the backbone of the oil industry. According to a report from IHS Cambridge Energy Research Associates, two-thirds of the world’s daily oil production hails from mature fields. This figure is even greater in Egypt, and according to empirical data at Egypt Oil & Gas’ (EOG) “Future of Egypt’s Brownfield Development” roundtable, crude production from brownfields in Egypt makes up a resounding 77%.With the expansion and development of the Egyptian economy, the domestic demand for refined petroleum products has increased significantly. Having the means to satiate demand through local refineries is crucial to help ensure Egypt’s future development.

Isomerization is a process that has transformed itself into one of the most renowned techniques for gasoline production. The reason for the refining process’s meteoric rise in the downstream sector is due to the process’s ability to produce high octane products whilst simultaneously reducing the number of pollutants released into the environment.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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