Oil Prices Soar to Highest Point Since 2008 Amidst Fierce Russia-Ukraine Conflict

• Monday, 7th March 2022
• by Fatma Ahmed

Oil priced has achieved the highest record since 2008 post the announcement of U.S that it discusses with Europe to ban imports of Russian oil and natural gas. At the first minutes of Monday trade Session, brent crude rose to $139.13 per barrel and West Taxes Intermediate (WTI) recorded $130.5 per barrel.

Maridive is Reorganizing in response to the New Norm

• Sunday, 11th October 2020
• by Editorial Team

In Order to cope with the current oil industry challenges that are due to the reduced economic activity, driven by the change of the demand and supply pattern; Maridive Group is undergoing a major revamp both with regard to Organization Structure along with the overall Company Culture.

2007 ready to grant its fortune of successful attainments to 2008

• Monday, 29th December 2014
• by Egypt Oil & Gas

With 2008 just around the corner, the oil and gas industry makers should first evaluate and assess the achievements attained and goals fulfilled during 2007 before going ahead with their plans for the new year. One of the more obvious features of this year is the tremendous increase in volume of discoveries, investments and profit. Yet, there have been some drawbacks and controversies which have had some negative affects on the sector.

Corruption and the fall of an Empire

• Monday, 29th December 2014
• by eog

With recent high profile cases of corruption emerging in the Egyptian oil and gas industry; the idea of how corruption and its varying symptoms, including a lack of transparency, can effect the growth of this sector is something which undoubtedly needs to be tackled.

Brownfield: Is it Farewell for Now?

• Monday, 29th December 2014
• by eog

The pressing issue of aging fields in Egypt is finally discussed and debated. On September 9-10, Egypt Oil & Gas held its first independent event entitled “The Brownfield Development and Production Optimization Conference and Exhibition.” The event was in essence a comprehensive sequel to a workshop held the prior year. The workshop’s success encouraged the continuation of, what was seen through the outcome of the workshop as, an increasing significant topic in the oil and gas industry in not just Egypt but world over.

The Present May Be Brown, but the Future is Green

• Monday, 29th December 2014
• by eog

Several operators have taken it upon themselves to rejuvenate the production rates of aging wells across the world and have managed to succeed without a loss of revenue, transforming their stories into leading examples of accomplishment for the world to follow.

The Gulf of Suez: What a Difference a Month Can Do

• Monday, 29th December 2014
• by eog

The Gulf of Suez has played an important role in Egypt’s oil and gas sector over the past few decades; however, more recently the area has witnessed a surge of activities reviving once again the glory of the country’s top oil producing area.

Germany: The “Hidden Champions” of the Global Market

• Monday, 29th December 2014
• by eog

A look at German investment in the Egyptian oil and gas sector reveals a tale of global encouragement for Egypt and untapped opportunities for Germany

Falling Off Hubbert’s Peak: A Tale of Earth, Wind and Fire

• Monday, 29th December 2014
• by eog

Peak oil has become the term of the century. Governments deny it, producers await it, citizens fear it and economists do little to prove or disprove it.

Enduring to explore by taking it offshore

• Monday, 29th December 2014
• by eog

Demand for maritime service companies has increased recently, this feature explores why and the measures taken to meet this rising demand.