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INDUSTRY POLL
During his tenure, would you describe the performance of H.E. Abdallah Ghorab as:
 
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adequate
 
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FEATURED NEWS
BG
BG announces its Fifth consecutive Tanzania gas discovery

BG Group today announced its fifth consecutive Tanzania gas discovery with the Mzia-1 exploration well located in Block 1, offshore southern Tanzania. more...

Elgin platform
Total stops Elgin leak

Total has managed to halt a long-running gas leak on the Elgin platform in the North Sea following a successful top kill operation. more...

Kuwait Energy
Kuwait Energy reports record net profit of US$34.8 million for 2011, up 58.9%

Kuwait Energy plc, one of the fastest growing independent oil and gas companies in the Middle East, today announced its financial and operational results for the year 2011 during its annual meeting of shareholders. more...

Maridive
Egypt's Maridive says 2012 Q1 net loss $1.6 mln

Egypt's Maridive and Oil Services , the biggest oil services company by fleet size in the Middle East, reported on Tuesday a net loss of $1.6 million for the first quarter of 2012. more...

Afren
Afren announces successful Ebok North Fault Block exploration well result

Afren has announced that the Ebok North Fault Block exploration well, offshore south east Nigeria, has encountered 370 ft true vertical thickness (TVT) of net oil pay in excellent quality reservoir sands. more...

Genel Energy
Genel adds to Kurdish portfolio

London-listed Genel Energy is set to gain a 23% stake in the in the Bina Bawi exploration licence in the Kurdistan region of Iraq. more...

FEATURED VIDEO
The Future of Oil & Gas Agreements in Egypt Round Table - CNBC Coverage
 
 
Egypt Oil & Gas Media Planner 2012
 
 
UPCOMING EVENTS
MOC 2012
Third Egyptian Petrochemicals Conference
Egypt Oil & Gas Facebook Page
Follow us on twitter
Egypt Oil & Gas Newspaper
Smoke and Mirrors: The Cloaked Reality of Halting Gas Exports to Israel
Egypt’s sudden decision to cease exportation of natural gas to Israel owing to an alleged financial dispute is almost certainly politically motivated. Evidence points to an expertly calculated political maneuver carried out under the cover of a controversial and ripple-inducing shock headline.
Visiting Suez Oil Company
In keeping with our policy of always aspiring to bring the sector’s most pressing issues to the surface and report the news from the ground, Egypt Oil & Gas was invited by Eng. Nabil Ali Zaki, Chairman of Suez Oil Company’s (SUCO,) to visit two of the company’s development concessions, namely Zeit Bay and Ras Budran, which are located in the Eastern Desert and the Sinai Peninsula respectively.

May 2012 Issue

May 2012

Egypt Oil & Gas Research & Analysis
INDUSTRY INDICATORS
 
Natural Gas Daily
2.43
15-05-2012

Egypt Suez Blend 33 Weekly
111.07
11-11-2011
Current Rig Utilization in Egypt - March 2012
Currency Exchange Rates 16-05-2012
US Dollar 6.0387 EGP
Euro 7.6921 EGP
Sterling 9.6244 EGP
Yen 0.0750 EGP
Stock Market
16-05-2012
Company
Start End
Alexandria Mineral Oils Co.
85.54 85.00
Sidi Kerir Petrochemicals
12.81 12.70