Features / Overview

Egypt’s Petrochemical Renaissance on The Horizon

As Egypt is becoming a regional energy hub, the petroleum sector also aims at increasing the added-value in natural gas and oil projects, as evident by the boom in the Egyptian petrochemical industry with many projects underway as part of the National Petrochemical Plan (2002-2022). The petrochemical sector accounts for about 12% of Egypt's total industrial production and contributes 3% of Egypt's Gross Domestic Product (GDP), according to the General Authority for Investment and Free Zones (GAFI).

Middle Management Success in The Making

“Egypt’s Oil and Gas Modernization Project ”is vastly becoming a common phrase widely spread within the sector. It was the turning point, which allowed the sector to work on its challenges and achieve major successes witnessed during the past couple of years. Taking a closer look at this project, we can assure that everyone is working hard to achieve the project’s vision and create a huge transformation to the whole sector along its full value chain.

Wintershall DEA: Europe’s Leading Independent Gas and Oil Company

As the global oil and gas market grows, exploration and production (E&P) companies tend to merge to be more competitive. One of the most prominent mergers that occurred recently is by two leading German based firms, Wintershall Holding GmbH (Wintershall) and DEA Deutsche Erdoel AG (DEA). The merger was completed on May 1,2019 after granting the needed approvals from all relevant authorities, shareholders BASF and LetterOne.

Corrosion Management: Effectively Enhancing Asset Integrity

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.

Egypt’s Place in Africa’s Natural Gas Scene

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.

Joint Ventures for Oil and Gas Mega Projects: A Sector’s Core

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.

Combating Well Contamination with Biocides

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.

Iran Sanctions: Winter Demand, Limited OPEC Spare Capacity

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.

Internet of Things Unlocking Optimum Profitability in Petroleum Sector

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).

Towards an Atomic Era? Nuclear Power in the MENA Region

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.

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