Features | Egypt Oil & Gas - Part 89

Study Overview: Alternative Techniques for Vessel Inspection and CUI Management

Vessel inspection and corrosion-under-insulation (CUI) management for onshore, offshore, and subsea areas can be slow, costly, and dangerous. Non-destructive-testing (NDT) techniques are commonly used to carry out ...

An Assessment of the Effects of the Currency Floatation on E&P activities

As Egypt went through a volatile state during the past couple of years, the hydrocarbon industry followed closely in its struggles to remain afloat. Today, as most indicators highlight to an upwards trajectory, ma ...

Is the Gulf Ready for VAT

As government finances of all six Gulf Cooperation Council (GCC) member states continue to deteriorate due to low global oil prices, finding a new source of income for the government that is unrelated to oil has b ...

Amidst Dreams of Self-Sufficiency What will Happen to Egypt’s FSRUs?

The usage of Floating Storage Regasification Units (FSRUs) has been an asset for Egypt’s natural gas imports since 2015, when the country downgraded its position as a natural gas exporter to a net importer. Recent ...

A Look into the Immediate Impact of Zohr on Egypt’s LNG Import Bill

As Egypt’s famous mega gas field Zohr nears its official production date, many speculations revolve around how soon it will begin to impact the local market behavior, and more importantly, the national import bill ...

Glimpse of Laws Protecting Investments in Egypt and Cyprus

Since 2009, a series of large natural gas discoveries in the Levant Basin have altered the dynamics of the region, and the Eastern Mediterranean basin became one of the latest areas of interest for the internation ...

Lessons from Existing Discoveries: THE GEOLOGY OF THE EASTERN MEDITERRANEAN BASIN

Recently, the Eastern Mediterranean has become an important region for natural gas production. It is the home to large hydrocarbon resources, even though the countries in the region—excluding Egypt—have been slow ...

Were Subsidy Cuts the Main Driver Behind the Fall of Butane Cylinders’ Consumption?

Elimination of energy subsidies have been the focus of the Egyptian government since 2014, resulting in gradual, yet significant, increases in prices throughout the local market. As a core staple in Egyptian house ...

Fluctuations of Diesel Consumption: A MARKET SHIFT OR RATIONAL USAGE?

The prices of petroleum products have recently changed after the latest government amendment to the energy subsidies in June of this year, increasing fuel prices by at least 50%, according to the ministry of elect ...

An Overview of Egypt’s Discoveries and Acquisitions – Q3 2017

Amidst the economic reform ongoing in Egypt, the oil and gas industry has played an incredible role in designing prospects to rebalance the government’s budget. In 2017, the hydrocarbon-rich country has obtained i ...

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