Features / In Focus
Experts Ponder the Minister’s Plan: Guiding the Reformation of the EGPC
In our interview of last month with Petroleum Minister Eng. Abdullah Ghorab, he stressed the importance of overhauling the Egyptian General Petroleum Company (EGPC), consolidating the regulation of the entire upstream sector once again under its ceiling as well as calibrating the company's administrative structure. The gravity of the minister's plan has prompted a wide range of responses from various experts in the petroleum field. Therefore, it behooved Egypt Oil & Gas Newspaper to interview a number of those experts and document their responses, since their collective wisdom could prove beneficial in guiding the process of overhauling the EGPC, a move that would entirely reshape the Egyptian petroleum sector if implemented. Layers of Dust… The Antiquated Practices Standing Between the Petroleum Sector and Transparency
The organic development of the Egyptian petroleum sector has long been curbed by the venal administration that has festered over the last decade, and keeping the public at arm’s length remains an essential tool in maintaining the status quo and quelling any shot at genuine reform; the public is on a need-to-know basis, and in the eyes of the government, the public seldom does. PSC’s challenging role in fueling Competitiveness
The rapidly evolving nature of the oil and gas industry makes it one of the world's most challenging and complex sectors for understanding, assessing and negotiating contracts. The legal and regulatory framework of upstream petroleum contracts is progressively changing as the tide of deregulation laps swiftly against the aging protectionist policies of state-regulated markets. Now, governments and petroleum producers alike are trying to adapt to the new way of doing business, though some are evolving faster than others The Cloud of Uncertainty Ushers in 2012
As 2012 is around the corner, the team of Egypt Oil & Gas newspaper attempts to review the performance of the various hydrocarbon producers operating in Egypt, during this historic and eventful year. After examining several quarterly reports, there seems to be a positive trend that is moving counter to the country's political instability. In fact, the majority of petroleum companies have declared an increase in production and revenues in their reports, while the official production rates showed some sort of decline. The undisclosed cases of HSE failures in Egypt
Since most of the law violations and corruption cases have been brought to the surface after the Revolution of January 25th, every single sector in Egypt has been tightly monitored by experts to weigh the points of weakness and avoid any future drawbacks like before. The petroleum sector is no far from this criticism and analysis, especially that questions have been raised; to what does the sector respect the HSE regulations? This article unearths the undisclosed cases of HSE failures Egypt’s Petroleum Services Market: The winning horse for Oil Companies in Egypt
The new fiscal year (2011/2012) has been described by experts in the field of petroleum industries as a major obstacle. Such difficult times are being attributed to the Revolution of January the 25th and its aftermath; the continuous protests and increased instability have negatively affected all industrial sectors in Egypt, and has put strain on the petroleum industry in particular. Settlement of Outstanding Debts: The EGPC’s Sole Solution Sustaining Steady Foreign Investment
Amid these unprecedented and turbulent times Egypt is undergoing, the Egyptian Petroleum sector continues to face significant obstacles that threaten to impede the stability of oil and gas production. At the forefront of these obstacles stands the problem of outstanding debts owed to foreign petroleum corporations by the Egyptian government, which have currently reached over $4 billion Integrating elements of productivity
It is important to review the elements that determine the shape and the actual existence of the companies in the Egyptian petroleum market, one might detect the importance of the company's control; one can confirm how successful the company is in handling its activities in the Egyptian petroleum sector, others have problems in maintaining the required high-level performance required 
