Features / In Focus

Horizontally drilling new potentials

Seeking higher productivity, prolongation of a reservoir’s commercial life, reduction of drilling costs… etc. have always symbolized the ideal targets for any oil or natural gas operator trying to achieve. Horizontal drilling has become one of the most valuable technologies ever introduced into the business, which leads to the attainment of these desired targets.

Holding a stake insures oil products flow

With the unprecedented increasing rates of oil prices worldwide, risks of supplying the required amounts of oil products have became a point of concern to consider and investigate. Such worries reflect the reason why the Egyptian government represented in the Egyptian General Petroleum Cooperation (EGPC) maintains a stake in any new oil refinery constructed in Egypt

Fierce competition over Abu Qir gas field

Forty six companies joined the race of the bid launched by the Egyptian General Petroleum Corporation (EGPC) to develop the offshore Abu Qir gas field in 2007. The EGPC, which is seeking partners (Contractors) to farm into or contribute to the Abu Qir gas field, is expected to decide on the proposals by next June.

SAPESCO prepares its missiles to penetrate the land of fire!

Neither five million land mines nor security threats will hinder Sahara Petroleum Services Company S.A.E (Sapesco) from exploiting the lands of the second largest oil reserves country, Iraq. Kurdistan is the next station in the series of Sapesco’s ongoing expansions. Eng. Mamdouh Mahfouz, Sapesco’s President shares the new expansion plans and reveals exclusively to Egypt Oil & Gas Newspaper, for the first time, Sapesco’s 2008 plan to establish the Sahara Petroleum Service Holding Company.

Rashid and Burullus sail in the Mediterranean

Rashid Petroleum (Rashpetco) and Burullus Gas Co. completed the fourth phase of the renovation and development held in the deep water area, worth $350 million.

Tart Field is back with 12 million cubic feet of gas

The Gulf of Suez Petroleum Co. (GUPCO) has received L.E. 12 million worth production facilities from Petrobel, which serve GUPCO’s plan to increase its natural gas production from Tart Field by an average of 12 million cubic feet of gas per day. Currently, GUPCO’s daily production accounts for 143 million cubic feet per day.

Mashreq Gas Market… Is it the Middle East Bridge to the EU?

Since the implementation flag of the Euro-Mashreq Gas Project signalized the debut, hopes and anticipations have been directed to this 6-million Euros project that will strengthen regional cooperation in channeling natural gas from Arab countries to Europe. But, will it fulfill the hopes of the Arab countries and EU?

Leading ladies… stories of success

Many female careerists have carved a niche for themselves in the male-dominated oil industry TO be an Egyptian working woman is no easy task. To be a successful female in a heavily man-dominated field is, by all means, a success story that is worth telling.

Holding Company warns against waste of funds in Agrium project

Tension aroused between E-Agrium Company and the governorate of Damietta; as the latter accused the company for violating the contract terms concerning the construction of a complex for nitrogen production in Damietta.

Egyptian Southern Valley lures more oil firms

In less than a decade, Egypt's Southern valley has been revived with more international oil companies showing interest in the area, which uncover one of the lucrative richness of the Egyptian petroleum sector

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