Perhaps ever since Egypt’s first crude discovery, the petroleum industry has served as one of the strongest pillars of the country’s economy. As key market players and analysts alike expect the nation as well as the sector to enter a new dawn of propelled potential, the need to understand the foundation and history of this industry grows.
As Egypt’s hydrocarbon industry enters a new dawn of promised prosperity, the question still remains about the perception of the private sector. In efforts to understand how global players view the local market in terms of potential and performance, Egypt oil & Gas sat with Rami Qasem, the President and Chief Executive Officer for the MENAT & India region at BHGE.
Exploring the side of international service companies in the local equation has often unveiled a series of unique experiences. Given the journey the Egyptian hydrocarbon market has embarked on in the last decade, from turbulences to a celebrated upwards trajectory, service companies have continued to ride the tide with stride.
The private sector represents a solid ground in Egypt’s economic path. Given its remarkable presence, the oil and gas industry has built key partnerships for private investment and has invited prominent international oil companies (IOCs) to build the foundations of its prosperous energy market.
A key pillar to the petroleum industry; the role of service companies can be viewed throughout the spectrum of the exploration and production operations. With the previous volatile climate, the industry’s service companies faced many challenges.
As Egypt enters the era of economic reform, industry players have reported different views regarding the trajectory the market is taking, while most expect a positive outlook, the sector is yet to recover from the challenges it faced during the previous years.
In the race to become a regional gas hub, the shortest route tends to be through the welfare of other nations. Experts often believe that international relations and mutual benefit are the only road for region to succeed as a global energy hub. As a central payer in the Eastern Mediterranean natural gas equation, and to better understand Egypt’s side of the pursuit.
In the global chess game of energy, international relations tend to have the first hand. When looking into the power of the Eastern Mediterranean region, one cannot side-step the central role of Cyprus. In an effort to steer away from Egypt’s angle of the equation, Egypt Oil & Gas conducted an interview with Nicholas Papadopoulos, the Presidential candidate of Cyprus and the Head of the country’s Democratic Party.
What is the number one common misconception about the new gas law? The Vice Chairman for Gas Regulatory Affairs answers all our questions in an exclusive interview on EOG.
As Egypt expands its energy-extraction and -production sectors, it faces the growing challenge of waste management. To help its readers better understand the nature of the challenge and its possible solutions, Egypt Oil & Gas sat down with Dr. Ahmed Abou Sayed, a global expert on Production Enhancement and sustainability, with emphasis on waste management.
