The oil and gas industry is currently facing tough challenges following the fall in oil prices that commenced in the second half of 2014. With no expectations of a price rebound, exploration and production (E&P) comp ...
Laying beneath the approximately 15,558,000 square kilometers of frozen Arctic Sea is 30% of the planet’s undiscovered natural gas reserves and 13% of its undiscovered oil, according to US Geological Survey.
It is often said that politics and the economy are two sides of the same coin. With a clear focus on energy, Egypt Oil & Gas sat down with one of Egypt’s leading political minds, Amre Moussa, to explore the other ...
With over 600 participants, more than 200 papers (from nearly 100 countries), and 27 technical sessions spread out over its three day duration, the Society of Petroleum Engineers North Africa Technical Conference and ...
The Gulf Of Suez Petroleum Company (GUPCO) is celebrating its 50th anniversary this year by commemorating its long journey of challenges and achievements.
Within moments of announcing Sherif Ismail, the previous minister of petroleum, as the head of the new government, all attention shifted towards the question of who would become the next oil minister in Egypt. Rumors ...
On September 12th H.E Engineer Sherif Ismail became the head of the Egyptian government. The timing couldn’t be better as it directed the media away from protests about the new civil service law, protests that could ...
When asked about the issue of “petroleum awareness,” a friendly shopkeeper laughed out loud. “Where is this petroleum for there to even be an awareness of it?” he asked? He went on to advise against discussing these ...
For a while, it seemed that LNG tanker charter rates could only go up. After a 2009-2010 over-supply glut, the time charter rates were propelled past the $100,000 a day threshold due to the combined effect of the Fuk ...
Sometimes in life, as in chess, a single movement may determine the outcome of an entire game.
In this sense, Eni’s discovery of massive gas deposits in Egypt could be the checkmate that Israeli gas exports have l ...