The Issaran field, situated in the Egyptian Eastern Desert, is one of the few heavy oil fractured carbonate reservoirs in the world. It has an estimated 700 MMBBLS of 10-12 degree API crude in the Upper and Lower Dol ...
Since the oil price hike in summer 2008, the oil prices have been witnessing dramatic decreases worldwide. However, this year, in the shadow of ongoing unrests in the Middle East and Africa region, oil prices have be ...
There are no new foreign investments in Egypt... economic losses are in billions and the country will go bankrupt in three months... all are lies the Egyptian economy will flourish... etc., over the last few weeks co ...
Representing one of the few Arab companies that have distinguished E&P operations in the Egyptian petroleum industry, Mohammed Al-Howqal, Chief Operation Officer of Kuwait Energy Company (KEC) believes that Egypt is ...
Egypt's recent revolution has caused chaos in the country's economy. From the tourism sector, which has seen a catastrophic 46% drop in revenues post-revolution, to the struggling real estate sector, major investment ...
In the middle of the current social, economic and political unrests, people are having a close eye on the Egyptian market. Focusing on the petroleum industry, which contributes by 15 % of the national GDP and 45% of ...
Leading organizations in today's economic climate require a different mindset and new insights on how to get the most of their people. Without any doubt, a productive and engaged workforce provides the single greates ...
Until 2000, most offshore exploration activity in Egypt was focused on the shallow waters of the Gulf of Suez.
Since then, the industry's focus has gradually switched to the Mediterranean Sea and the search for natu ...
The latest achievements hit by Noble Energy offshore Israel have attracted world's attention towards the probable gas potentials in Israel, which could turn it to a gas exporter instead of a current importer