Issue: August 2009



  • A 10-years Journey

    Throughout the last ten years, the Egyptian petroleum sector has witnessed a series of successful achievements under the chairmanship of Eng. Sameh Fahmy

  • Fluctuating rig market

    Before analyzing the fluctuating rigs market in the shadow of the current price drops, a full picture of the market conditions over the last two years should be presented in order to make an evaluation of the present situation. As a matter of fact, the year of 2007 is considered as a base-year for upsurge of commitments and construction of rigs, and the first six months of 2008

  • BG achieved world-class records in avoiding Lost Time Injury

    Tim Blackford, BG Egypt President, sheds light on the strategies and policies of HSE applied by the BG Group, in Egypt and worlwide

  • Intensive European tour by Mubarak

    Egyptian President Hosni Mubarak called for Europe to improve cooperation with the southern Mediterranean states in order to confront the global economic crisis

  • China’s race into the oil marketĀ is in trouble

    Will the deadly riots and clashes erupted in China affect the stability of the world's most populous country and the second largest oil consumer?

  • A necessity for diversifying

    There has been some de-linkage between oil prices and economic growth, as countries try to diversify, but at the end of the day, oil revenues are what drive the economies of the region

  • Eight exploration blocks released in the GoF

    The Egyptian General Petroleum Corporation (EGPC) invites Petroleum Exploration Companies for the International 2009 Bid Round No.1 to explore / exploit for Oil and Gas in Egypt under the Production Sharing Agreement.

  • Monthly News

    News of the month, know more about the recent activities this industry has shown during July 2009.