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 dema ...
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.
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 ...
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 Pet ...
The issue discussing domestic versus foreign arbitrations has dominated news in the energy industry in Egypt in the past months. It has become a key conundrum for oil, gas, renewables, and other energy companies t ...
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 ...
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 marke ...
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 ...
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 ...
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 count ...