Production Sharing Agreements (PSAs) are one of the most common structures used to regulate exploration and production of oil and gas reserves. PSAs are often used across the developing world as they strike a balance ...
Fugro SAE (FSAE) is responsible for Fugro’s survey and subsea activities in Egypt. Benefiting from investment in Egypt over more than 30 years, FSAE has developed a strong capability in the country, allowing delivery ...
When the price for Brent Crude reached its peak in June 2014, few analysts or experts would have believed the longest and biggest oil boom in history was coming to an end. Or that prices would tumble to less than hal ...
The Hurghada-Cairo road follows the Red Sea’s tranquil sea coast; the slightest swerve could drive a bus full of Egyptians, and the occasional foreigner, straight into the crystalline water. Opposite the Red Sea, the ...
A famous Japanese proverb states, “The bamboo that bends is stronger than the oak that resists.” If there is any entity that has taken this advice to heart, surely it is the Egyptian energy sector.
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 ...