Issue: April 2008



  • Horizontally drilling new potentials

    Seeking higher productivity, prolongation of a reservoir’s commercial life, reduction of drilling costs… etc. have always symbolized the ideal targets for any oil or natural gas operator trying to achieve. Horizontal drilling has become one of the most valuable technologies ever introduced into the business, which leads to the attainment of these desired targets.

  • Holding a stake insures oil products flow

    With the unprecedented increasing rates of oil prices worldwide, risks of supplying the required amounts of oil products have became a point of concern to consider and investigate. Such worries reflect the reason why the Egyptian government represented in the Egyptian General Petroleum Cooperation (EGPC) maintains a stake in any new oil refinery constructed in Egypt

  • Fierce competition over Abu Qir gas field

    Forty six companies joined the race of the bid launched by the Egyptian General Petroleum Corporation (EGPC) to develop the offshore Abu Qir gas field in 2007. The EGPC, which is seeking partners (Contractors) to farm into or contribute to the Abu Qir gas field, is expected to decide on the proposals by next June.

  • Cementing Iranian-Iraqi ties

    The Iranian President Mahmoud Ahmadinejad’s visit to Iraq last month was a mixture of business and politics. Widely described as historic, this visit was the first by an Iranian leader in 29 years, and it was meant to further cementing bilateral relations between the one-time warring countries

  • From Gazprom to the Kremlin, business as usual

    There has been a perplexing question that exercised the minds of many energy analysts after the election of Dmitry Medvedev, Gazprom's Chairman of the Board of Directors as Russia's president: will there be any change in its energy policies?

  • Dependable performance – superior protection

    With unparalleled levels of experience and expertise in coating technology and many decades of investment in research and development of coatings, no company is better placed than Sigma Coating to answer the very specific and demanding challenges of the protective coatings industry.
    Established in 1722, Sigma is one of the world’s oldest paint and coating manufacturing companies. Today, we aim to develop, manufacture and distribute the finest products and deliver them around the world with the best customer service.

  • European Oils: Absolute Value? Attractive yield and PE

    Oil sector strategy
    • Good earnings visibility and strong balance sheets should give the sector resilience in uncertain markets
    • On IBES 2009e PE, the sector is trading at 10-year low. Its PE relative is at a 14% discount to the market, excluding financials. Its yield relative on the same basis is 145%
    • Our strategists have an overweight stance on the oil sector because of its attractive valuation and defensive characteristics

  • Monthly News

    News of the month, know more about the recent activities this industry has shown during March 2008.