A complaint raised recently by energy industry insiders in Egypt concerns the way bidding rounds take place for new concessions; namely that the bidders are required to buy the preliminary data packages needed for oi ...
As oil prices continue their dive —with prices below $50 dollars per barrel at the time of publishing— many of us are left wondering what’s next. Will prices ever return to their previous levels? Have oil producers c ...
The 2014 Mediterranean Oil Conference (MOC) was held in Alexandria under the theme of “Unlocking the Potentials of Mediterranean Oil and Gas.” The three-day conference opened with a speech by Eng. Tarek El-Molla, Cha ...
It’s a chess game in every sense for the Organization of Petroleum Exporting Countries (OPEC) and American companies producing shale oil – where a nascent revolution faces its first real test since it emerged five ye ...
While Egypt has received positive news recently regarding onshore gas projects in the Nile Delta and Western Desert, 80% of its gas reserves reside in the Mediterranean Sea. However, since most of the gas is located ...
Gas pricing has been a recurring issue for the current and previous governments alike, and it remains without any apparent solution. The current government has changed the previous gas pricing equation – created by f ...
When on November 29th an Egyptian court dropped all the charges against former president Hosni Mubarak, who had been indicted for the killing of protesters during the January 2011 uprising, some Egyptians reacted wit ...
Egypt’s smothering summer months are old news, at least until May creeps back into our calendars. Yet the country’s worst energy crisis in decades continues to make the headlines. The second half of 2014 experienced ...
Following OPEC’s decision to maintain crude output levels at 30 million barrels per day (b/d), oil prices plummeted. The stock market in the Gulf plunged to unprecedented lows. At time of writing, Brent crude dropped ...
Pan Marine Group is your Egyptian diversified and independent group. Our organization has been doing business for over than thirty years, and we are proud of our past success and continue to strive into the future. W ...