Issue: February 2017

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COVER

  • SHELL Egypt’s Partner for the Future

    Shell has appointed a new Vice President & Country Chairman, ENG. GASSER HANTER, who has returned to
    his home country in December 2016, after an exciting journey with Shell in the Middle East and North Africa
    (MENA) region and Europe, to run Shell companies in Egypt. In an exclusive interview with Egypt Oil&Gas, Eng.
    Hanter has shared his vision for the company and convincingly confirmed its long-term commitment to Egypt,
    with a determination to support the country’s vision to become a regional energy hub.

INSIDE ISSUE

  • MARIDIVE GROUP Endless Sea, Endless Growth

    With more than 20 operating marine units currently employed in the Mediterranean Sea and in the Gulf of Suez, Maridive Group counts to the top notch offshore service providers in Egypt. It is also proudly presenting its achievements with the rest of its fleet spread across several continents from the Arabian Gulf and North and West Africa, all the way to Latin America.

  • ‘NO BARRIERS AHEAD’

    The core of EGYPS 2017 lies in the Technical Conference that will spread across the entire three days. The conference brings together experts from the entire upstream, midstream, and downstream oil and gas value chain, providing the opportunity to share technical knowledge and gain critical insights into Egypt’s and North Africa’s fast evolving hydrocarbon business.

  • NEW PARADIGMS IN MANAGING OIL&GAS PROJECTS

    Highlighting the importance of sound project management in the oil and gas sector, the Egypt Petroleum Show (EGYPS 2017) has dedicated a specific category on the topic, which will be discussed by experts, industry professionals and executives during the conference’s Technical Sessions.

  • MODERN INNOVATION IN OFFSHORE TECHNOLOGY

    The steady increase in global energy demand has long made oil and gas major sources of world energy. In spite of some speculations, petroleum resources are plentiful, particularly in deep waters. Therefore, rather than availability of hydrocarbons, the most troubling question for the IOCs nowadays is related to safe and efficient extraction. And this is where technology plays a key role in offshore drilling.

  • COGENERATION IN REFINERIES: A STEP FORWARD FOR ENERGY EFFICIENCY

    Population growth and rising living standards have continuously increased Egypt’s energy demand faster than the capacity of supply. Since the country’s main source of electricity is natural gas, improving efficiency in the oil and gas power generation is extremely important to overcome Egypt’s ongoing energy shortages and preserve its natural resources.

  • OPTIMIZING EXPORT OF REFINED PRODUCTS

    Egypt’s geographical location allows the country to become a key regional exporter of refined products. This dream can become a reality for the country in a near future. The Egyptian refineries overall designed capacity amounts to 704,000 b/d, according to EGPC, which would qualify the country to become petroleum derivatives exporter. In search for ways to achieve this, The Egypt Petroleum Show (EGYPS 2017) will open up the floor to discussions about apt strategies for this path.

  • OIL&GAS INDUSTRY AIMING FOR GENDER EQUALITY

    The number of women in the Egyptian oil and gas industry has been increasing in the past years, yet at a slow pace. This is also a reason why The Egypt Petroleum Show (EGYPS 2017) is opening a unique floor to a full-day Women in Energy Conference dedicated to the opportunities that women have in the oil and gas industry.

  • WOMEN IN ENERGY: A New Era

    Over the past decade, the energy industry has witnessed a noticeable increase in the number of women in the sector workforce. Several energy companies now boast female CEOs, including traditional exploration and production companies such as Occidental Petroleum and OMV Petrom; and broader energy sector companies such as Engie, Lockheed Martin, Sempra Energy and Duke Energy. There is no doubt that women have made important gains in the industry.

  • GUPCO Targets Rehabilitation of Its M36 Platform

    Gulf Of Suez Petroleum Company (GUPCO) is conducting a rehabilitation project for the company’s M36 platform with an overall cost saving along the project duration, which amounted to $40.39 million.

  • WILL ANGOLA WIN AFRICA’S OIL TUG OF WAR?

    Located on the Atlantic coast in the southern part of Africa, the Republic of Angola unexpectedly overtook Nigeria as the top crude producer in Africa during the second half 2016. Yet, Angola did not enjoy its primary position for too long. Already in December 2016, Nigerian Bulletin reported that Nigeria’s oil output slightly surpassed that of Angola by 94,000 b/d.

  • TRUMP’S GOOFY OIL POLICY TOWARDS IRAQ

    Iraq’s oil industry has been a central component to the welfare of its economy, occupying around 95% of the government’s total revenues. For years following the end of the US war on Iraq, the development of the oil sector in Iraq has been resurrecting amid conflicting national interests over energy resources.

  • Schlumberger EEG TRANSFORMATION TOWN HALL

    Schlumberger launched its EEG Transformation Town Hall on 15th of January in a glamorous style, marking the start of a new era that is symbolized by a change towards efficiency. The one-day event took place at the company’s brand new eco-friendly Egypt Center of Efficiency in 6th of October district of Cairo, Schlumberger’s EGP 1 billion investment, which will be officially inaugurated in the second quarter of 2017.