Features / In Focus
Still controlling the ups and downs of the gas industry
Although everything is usually subjected to alternating periods of good and bad fortune or even high and low spirits as well as smart and failure management, here in Egypt we tend to pause or suspend life temporarily for each mood. When we admire, we extremely praise while for objecting to something we totally turn off the light. That's a quick summery for the Egyptian gas sector As usual, Petrobel comes first in the production rankings
The continuous efforts of the Ministry of Petroleum to overcome any obstacle that hinders its production plan reflect the officials' targets to keep high levels of oil and gas production. Despite all speculations claiming the slow down of such attempts, Egypt has witnessed a relative progress in its oil and gas production rates since the beginning of this year More development on its way
Throughout the past eight years, the Ministry of Petroleum has been implementing an ambitious plan to develop its fields, whether the newly discovered ones or the brownfields. The results of this strategy reflect the value of the country’s fields that are still fruitful. More development plans are yet to come Deeper drilling, deeper challenges
With the focus shifting to the potentials of the Mediterranean Sea, the deepwater will be shallow by focusing more on the challenges facing the IOCs at sea The latest technologies in the Mediterranean
Over the last few years, drilling activities have significantly increased in the Mediterranean. Operators have been mainly focusing on hitting their targets and achieving their well objectives as safely and efficiently as possible. Schlumberger, Halliburton and Weatherford are of the major Service providers in the Mediterranean Sea. Their technologies play a great important role for the offshore operators. Drilling For A Better Future
Drilling for oil and gas has occurred in one way or another for hundreds of years. The Chinese, for instance, invented a bamboo rig to obtain oil and gas, but only in the last 40 years has humankind been able to efficiently extract petroleum from beneath the seas - an achievement to rank with this century's mightiest technological triumphs Financial Institutes for the rescue
Though the banks have been a steady form of support, the world economic crisis has cast its shadow over the Egyptian oil sector Your Corporate Need Is to Lease Not Just Be Financed
Maturing countries such as Egypt need to adopt successful financial mechanisms to foster effective infrastructure to support and expand the economy. This moves beyond financing alone, indicating that leasing is the way forward. Awareness of the benefits leasing add to the sector is on the rise in Egypt and stands to be a substantial part of financing the existent oil and gas industry. 
