Features / Interview
OSOCO to yield higher achievements in 2011
Despite its limited production compared to other companies, the Offshore Shukheir Oil Company (OSOCO) is currently classified as one of the most vital companies operating in the area of Gulf of Suez. Eng. Mostafa Shehata, OSOCO President sheds light on the company's outstanding attainments in 2010 and prioritizes the 2011 targets A $245-million development plan for Al-Amal Field
Characterized by being one of the very few 100% Egyptian E&P companies, Al-Amal Petroleum Company has succeeded to generate some fruitful results of oil and gas production. Eng. Abdallah Abdel Mawgoud, AMAPETCO CEO, reveals the company’s new development plan, exclusively to Egypt Oil & Gas. Newcomer, yet promising as experienced
''We are targeting the production of 22 thousand barrels of oil per day during the coming five years,'' stressed Eng. Abdul Khaleq El Tahawy, Chairman of PetroSannan Company, in his interview with Egypt Oil & Gas newspaper. Extra expansion into fresh assets
''New investment will come from many diverse sources, which underline the wisdom of the Egyptian Ministry of Petroleum to seek out and strengthen relations with other neighboring countries in the region,'' Ian Barden, Vegas Country Manager, said describing the strategy of the Ministry of Petroleum which aims to strengthen relations with foreign and neighboring countries to lure more investments In quest of success
''So as to reserve the good reputation and the high quality of our services, in 2011 we are going to focus on the high and unique techniques and solutions,'' Mr. Hany Abd El Halim, Chairman of Petrographics, explained while talking about the company's plans for 2011 Continual improvement for being a one-stop shop
"I believe that it is very much our solid experience and our wide global technical service offerings that has made these projects a great success," said Eng. Hisham El-Grawany, Country Manager and Managing Director of GL Noble Denton Egypt, commenting on the Burullus and Rashpetco Rosetta deepwater gas development projects. Flexibility’s value in escalating investments
''In fact, it is not a burden as working without a cost recovery is not risky for us since it has the shape of the usual investment projects in other countries,'' Dr. Hans-Hermann Ecke, General Manager of RWE Egypt, told Egypt oil & gas in an interview describing the agreement of the West Nile Delta Project More petroleum prosperity is yet to come
With more than 15 years experience in the petroleum industry and being the former head of the energy and industry committee of the People's Assembly for three terms, Dr. Amin Mubarak, Professor of energy and mechanical engineering at Cairo University, shares his analytical views concerning the Egyptian petroleum industry and confirms that more prosperity is yet to come 
