After suffering from the brutal challenge between service companies by competitors' system of lowering prices, fears began to emerge for monopolizing the market through lowering prices
By 25 active operators in Southeast Asia with 46 rigs, the contracting conditions have been challenging due to the collapse in crude oil prices while exploration and production spending have pressured both utilizatio ...
Never allow short-term business pressures to blind you to the real and potentially devastating human and business consequences of neglecting process safety and asset integrity', is the warning the Chair of the Health ...
The Egyptian petroleum industry has always been one of the favorable environments for foreign investments, which are not just good sources for economic revenues, but a way to get locally updated with the latest inter ...
Continuing the series of Egypt’s infrastructure, this part tackles the processing plants and facilities distributed in various corners in the country, their capacity and the future plans
After drilling contractors posted record levels of earnings in the period from 2004 to 2008, the year 2009 marked the beginning of an earnings descent likely to continue over next year or two. When exploration and de ...
Some would see it as a good move, "It would be a good idea to import the gas cheaply from Iraq and lock in at that price for the future, if Egypt has the view that gas prices will go up on the long term.", others may ...