Developing Opportunities in IOC/NOC & Service Companies Relationship Roundtable
By : Salma Essam, Sarah Samir , Mariana Somensi, Nouran Ashraf
With the unprecedented growth the Egyptian oil and gas industry had eyed, a wide range of opportunities are still ahead, with huge potential to move the country forward on the chessboard of the energy industry.
RIYADH: FROM OIL LEADERSHIP TO NON-OIL FUTURE
By Sarah Samir
The Kingdom of Saudi Arabia (KSA) has greatly changed its views of the oil and gas industry over the past decade. The waythe Saudi dynasty perceives the importance of its oil wealth affects the oil and gas law and the kingdom’s economy.
FIRST GAS FROM WEST NILE DELTA CONTRIBUTES TO DEA’S GROWTH
Production from the offshore WND gas fields commenced on 24 March 2017 from the first two fields, Taurus and Libra. Nine wells have now been commissioned and the fields are currently producing at a flow rate of more than 700 million cubic feet of gas per day.
EGYPTIAN GAS – CAN BOOMING DEMAND be Met by Rapid Supply Growth?
By Ryan Pereira Principal Commercial Manager, Global Gas and LNG And Rand Al-Obaidy North Africa BD Manager & Senior Petroleum Engineer
After a decade of regulatory and energy policy changes, Egypt is now back on track as the largest and fastest growing natural gas market in Africa and, in parallel, is enjoying a re-invigorated upstream gas sector based on the giant Zohr discovery, go ahead for West Nile Delta (WND) and a range of other gas developments tied back to spare gas process plant capacity.
IMPROVING TECHNICAL EXPERTISE IN EGYPT’S ENERGY INDUSTRY
By Salma Essam
Several energy industries have been guilty of overlooking opportunities for operational optimization when the tide is high and the oil prices are dwindling. But Egypt’s oil and gas sector should be on the cutting edge in its application of technical expertise, at least on the production side. As part of the balancing equation, IOCs, NOCs, and service companies need to collaborate on a novel technical approach for performance development in Egypt’s industry.
Building a Successful Strategic Alliance between IOCs AND NOCS
By Nouran Ashraf
National oil companies (NOCs) are organizations that are whether fully or in the majority owned by their home countries. NOCs operate in favor of their home countries’ interest as they provide their governments with pay revenues, taxes, and royalties.
COLLABORATIVE BUSINESS MODELS AND RELATIONSHIP BARRIERS
By Mariana Somensi
Collaboration has become a key asset to successful oil and gas business. Considering the complexity of the sector and its high competitiveness, the petroleum industry has come to realize that all the parts involved in the oil and gas exploration and production must be connected in order to build a reliable and efficient chain.
FLEXIBILITY VS. PROTECTION: MODERNIZING EGYPT’S OIL&GAS LEGAL FRAMEWORK
By Mahinaz El Baz
Egypt has been facing an economic decline in the last couple of years, and in an attempt to help and revive the economy, the government decided to float the Egyptian currency, that took matters from bad to worse.
ENCOURAGING INVESTMENT IN THE PETROLEUM INDUSTRY A COMPARISON OF HOST GOVERNMENT INSTRUMENTS
By Patricia Tiller, Partner, Andrews Kurth Kenyon
The petroleum industry utilizes a range of host government instruments to grant rights for exploration and production of oil and gas resources. The form of host government instrument is one of the key factors in determining an exploration and production contractor’s (Contractor’s) potential return on investment and in turn the Contractor’s incentive to explore and extract petroleum resources.