For the past several months, most of the world had shut its doors, creating an eerie and deafening silence among the oil and gas industry. Now, gradually, the world is beginning to reopen its doors in a cautious a ...
Recently, due to the Coronavirus pandemic, there has been instability in most jobs in the oil and gas field. In fact, many industry professionals around the world have been victims of salary deductions or lost job ...
As joint ventures (JVs) involve two or more businesses pooling their resources together, their goals as well as their risks become also commonly shared. However, overshadowed by the COVID-19 crisis in addition to ...
As the world struggles to contain consequences of the COVID-19 pandemic, an escalating trade war rhetoric between the US and China seems to add insult to injury for the global economy.
The new escalation beg ...
Due to the dynamic nature of the oil and gas industry, many factors force companies into signing agreements such as engineering, procurement, construction (EPC) contracts. Any delay or inefficiency in these contra ...
For the past four years, the Egyptian Ministry of Petroleum has been reaping the fruits of the ambitious modernization project that was launched in 2016. Under the leadership of H.E. Eng. Tarek El Molla, Egyptian ...
Many sectors including oil and gas industry, are now suffering due to the outbreak of the coronavirus pandemic. The global lockdown and imposed curfew everywhere have led to heavy economic and commercial losses as ...
In 2009, the internationally renowned economist, Mohamed El-Erian, coined the term New Normal: an economic alteration of normalcy in the aftermath of a global recession. Now that the coronavirus pandemic has posed ...
While an operational cost efficiency strategy is a notion that has been implemented in various companies in the oil and gas sector. So far, conventional operational cost efficiency strategies have been implemented ...
The oil and gas industry is no stranger to world economic turmoil; and recently it has brought the industry to a whole new low. Global oil prices crashed down with Brent crude recording $20.39 on April 21 as a res ...
