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 ...
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 ...
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 $50 ...
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’ ...
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 ven ...
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 ca ...
Implementing projects in oil and gas industry requires companies to assign certain tasks to specialists. Project managers and engineers are needed for oil and gas players in order to avoid taking huge risks that m ...
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, he ...
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 explo ...
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 U ...