The oil and gas industry is an asset-intensive business with many capital assets, ranging from drilling rigs to upstream offshore platforms and wells, pipelines, liquefied natural gas (LNG) terminals and refineries in the midstream and downstream segments. These assets require huge investments; therefore, oil and gas companies are often under pressure as they need comprehensive strategies to reduce cost and improve asset reliability.
Natural gas is one of the most important energy resources for Africa. Recently, the industry has witnessed great leaps that changed the continent’s views of the product. Africa owns 7.1% of the world’s total proven reserves, of which most are found in Nigeria, Algeria, Egypt, and Libya, according to a BP statistical review published in 2018. Egypt is not only among the countries with the highest reserves and production, but also stands out as one of the top natural gas consumers in the continent.
Establishing JVs for oil and gas mega projects is hindered by the many challenges that need to be clearly addressed from the very beginning of the project to identify the required methodologies needed to overcome them.
Chemical experts resort to biocides in an effort to contain contamination and kill harmful microorganisms. However, different chemicals will produce different effects, and some are more effective in specific environments. Selection will therefore depend on the problem that the company is trying to tackle, the nature and location of the microorganisms.
The oil market faces a precarious few months. The imposition of US secondary sanctions on Iranian exports on November 5 is the critical factor behind Brent’s rally to over $80 a barrel in October. There is enough supply to meet demand this winter, but the margin for error is worryingly narrow.
When WiFi was available for customers use in late the 1990s, this was revolutionary. It benefited different industries through making communication faster, easier, and cheaper between people. However, what will happen if all the electronic devices became connected to internet including kitchens, cars, medical devices, industrial machines, and sensors? This connection is basic concept of the Internet of Things (IoT).
Nuclear power generation has fallen out of favor across much of the world. It has declined 7% since 2006, and its share of energy mix has been decreasing steadily alongside an increase in the use of fossil fuels. There are several reasons for this.
Following the beginning of production from Zohr natural gas field and the historic agreement with Israel, the oil and gas industry in Egypt is going through a prosperous phase. In order to sustain the country’s achievements and meet the government’s expectations of turning Egypt into an energy hub, the Egyptian petroleum sector requires more technical engineers with practical experience.
For petroleum engineering fresh graduates, the career choices they make do not only affect their career path, but also their lifestyle. Going for a field-based job means having to spend long periods in remote fields with minimum level of living facilities, long shifts, and stressful working environments.
While the public and private energy sectors address the gender disparity among employees through setting quotas for female workers and promoting internship programs targeting women, female-led initiatives and non-governmental organizations (NGOs) have concurrently taken the significant steps towards a more diversified oil and gas sector.
