Despite numerous challenges and COVID-19 impact on the oil and gas industry, Dana Gas was able to achieve strong operational results and maintain its position regionally and internationally during 2020. It was also able to initiate one of Egypt’s recent significant acquisition processes. In a live interview with EOG, Patrick Allman, Dana Gas’ CEO, shed the light on Dana Gas strong performance and ambitious plans. He also revealed the latest details of the sale of Egypt onshore assets. However, he totally refuted rumors that Dana Gas is leaving Egypt.

DNV is the global independent expert in risk management and quality assurance . Its main purpose is to safeguard life, property and the environment. EOG has the chance to conduct a very interesting interview with one of the men that makes this possible; Ditlev Engel, CEO of DNV’s Energy Systems business unit, who shared with us his thoughts regarding the company’s operations in Egypt, its latest services and hydrogen projects developments, and also revealed a passion for challenges.

February 24th was a good day – where we announced a solid set of results. Firstly, achieving operational stability during what has been a very challenging year. We, like everybody else in the sector, are facing new challenges and we are particularly proud of how our teams and the business have performed in the face of extremely difficult circumstances.

Challenges in the fast-paced oil and gas industry are inevitable at every level of the professional ladder and displaying resilience determines how well one could cope and move forward. Women in this industry play a major role in aiding and setting up the scene that is presented to the world.
Kholoud Basiony, Executive Assistant to the Minister of Petroleum and Mineral Resources told EOG about the most critical aspect of her job, it is time. Basiony believes that respecting time plays an important role to overcome any challenges encountered. “Accuracy and punctuality lead to both representable image and positive achievements,” she said.

Often when one examines the oil and gas industry from a bird’s eye view, it is obvious that men largely dominate the industry. Women, however, are dispersed across the industry and only a few of them manage to reach a C-Suite level. There is clearly an imbalance that perhaps the 1964 satirical Egyptian movie, ‘For Men Only’, highlighted best when it tackled the topic of sexism in the oil and gas industry. Certainly, the industry has come a long way since then, but there is so much more that should be done.

Celebrating Women’s History Month, Egypt Oil & Gas (EOG) highlights the achievements of successful women in the energy sector. Taking us throughout her journey in the oil and gas industry, Badria Khalfan, Chief HR Officer at Dragon Oil, explores the barriers she overcame and the progress that was made that led her to become a senior-level executive in a male-dominated industry.

The oil and gas industry had quite the year in 2020, facing tumultuous challenges beginning with a global pandemic; then hitting an oil price crash; and ultimately, adapting to a whole new work environment. Despite all these circumstances, the sector remained resilient. Egypt Oil and Gas (EOG) had the opportunity to get an inside scoop of how several international oil companies (IOCs) in Egypt managed to deal with the hurdles of 2020 while maintaining safety precautions and exploring what the future holds for the oil and gas industry in 2021.

No doubt that COVID-19 pandemic represented a tangible test for the success and effectiveness of the country’s economic reforms, as well as the measures that have been taken in the oil and gas sector at the same time. It strongly showed the impact of these reforms in reinforcing investment opportunities in this sector, strengthening the financial and investment position, and achieving sustainability.

Energean is a company that I started back in 2007 when we bought the only oil-producing asset in Greece. Back then it was and still is an asset that is producing oil, it was the only production in Greece with a small production of 2,000 barrels a day. Since then, we started the growth of making Energean what it is today, the leading independent E&P company in the Mediterranean. So, from the start in 2007 to where we are today, we started with 2 million barrels oil equivalent of 2p reserves and today, we have ended up 2020 with 974 million barrels of oil equivalent of 2p reserves.

Well, I believe that we have to adopt a few approaches simultaneously. That should happen without losing focus upon the business continuity and the level of services we provide to our valued customers. With that being done, we shall focus upon organizational rightsizing and internal business process transformation while developing innovative efficiency approaches to reduce the overall cost of service delivery.