Features / In Focus

Gulf investments stand behind the wave of oil mergers

A series of mergers and acquisitions have been carried out in the Egyptian oil and gas sector over the past five years, bringing in a large number of newcomers to the scene of exploration, production or the provision of services related to the sector. As a matter of fact, the key acquisitions over the past year were pushed forward by what we call hot Gulf money

2007 ready to grant its fortune of successful attainments to 2008 – Part II

Analysis of the second half of 2007; tackling major discoveries, deals sealed, new projects… etc from July to December 2007

MoP secure the Egypt’s gas resources

In an unpredicted move, the Ministry of Petroleum decided to review the concluded deals signed for the exportation of the Egyptian gas worldwide, in an attempt to avoid the loss of an economic profit in the shadow of prices instability nowadays. As a matter of fact, oil and gas prices have been increasing, while the Egyptian prices remain unchanged.

Dying for gas

New industrial zones are thirsty for natural gas supplies

Gas to Liquid (GTL): is it an attractive route for gas monetization? GTL vs. LNG Economics

A world scale LNG plant with a capacity of 4 million tons/year requires approximately 650 MMSCFD of feed gas. This same quantity of gas is estimated to produce 65,000 Bbl/day of GTL products; mainly Naphtha (17,000 Bbl/day), Diesel Oil (44,000 Bbl/day) and the remaining quantity (4,000 BPD) is assumed to be Liquefied Petroleum Gas (LPG).

Knowledge that yields progress on fields

Gas companies in Egypt is the lack of trained personnel. However, companies have compensated for the lack of these professionals by creating their own training centers or sending their staff to external training centers

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