Turning brown into gold, making new out of old

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

Egypt's domestic oil consumption is increasing while production is declining. In order for Egypt to avoid becoming a net importer of oil within the coming 10-20 years, new discoveries need to be found in addition to optimizing its production from existing aging oil wells. Most of Egypt's existing oil wells are considered brownfields, which are defined as mature oil fields in a state of declining production or reaching the end of their productive lives; they are typically over 30 years old. This feature explores the potential gains of optimzing production from mature wells

The Far East and Near East are Meeting Somewhere in the Middle: an In-Depth Look at the Recent Sino-Egyptian Rig Agreement

• Monday, 29th December 2014
• by eog

On October 16, 2006 Egypt signed an agreement with China whereby the latter would produce three oil rigs for Egypt in 2007, seven in 2008 and 20 a year in 2010. This feature explores the motivation behind the agreement based on recent Chinese relation-building efforts with Egypt and its surrounding neighbors.

2006: A mixed bag of goodies

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

With 2007 just around the corner, a look at what has happened the past year will undoubtedly aid in preempting what is to come. In Egypt, several changes have occurred in the energy sector in general, and the oil and gas sector in specific.

Crossing nations to the global economic frontier

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

The past few years have witnessed an expansion in the activities of Egyptian petroleum companies to operate abroad, penetrating the Middle East and Africa markets.

Corporate Responsibility: A Step towards Socio-economic Sustainability

• Monday, 29th December 2014
• by eog

In Egypt, several corporations have taken steps towards fulfilling their corporate social responsibility. Egypt Oil and Gas examines these initiatives to reveal an oil and gas industry that provides for health, safety and education.