Issue: February 2008



  • Mashreq Gas Market… Is it the Middle East Bridge to the EU?

    Since the implementation flag of the Euro-Mashreq Gas Project signalized the debut, hopes and anticipations have been directed to this 6-million Euros project that will strengthen regional cooperation in channeling natural gas from Arab countries to Europe. But, will it fulfill the hopes of the Arab countries and EU?

  • Gas-to-Liquid: Is it an attractive route for gas monetization? Part II GTL or LNG: Which route to choose?

    A gas producer is always trying to maximize his profit from this valuable hydrocarbon resource. His target revolves around the need to have a sustainable market for his gas at minimum operating cost and highest revenue.

  • Leading ladies… stories of success

    Many female careerists have carved a niche for themselves in the male-dominated oil industry

    TO be an Egyptian working woman is no easy task. To be a successful female in a heavily man-dominated field is, by all means, a success story that is worth telling.

  • Bhutto’s assassination is not the only reason

    There is never a dull moment in the Middle East. And hence the prices of crude oil, produced mainly from this ever turbulent region, are always hanging in the balance. And as one oil trading expert put it, everybody wants calm when they are talking about pricing energy. But, calm is a missing word in the Middle East lexicon.

  • Holding Company warns against waste of funds in Agrium project

    Tension aroused between E-Agrium Company and the governorate of Damietta; as the latter accused the company for violating the contract terms concerning the construction of a complex for nitrogen production in Damietta.

  • Egyptian Southern Valley lures more oil firms

    In less than a decade, Egypt's Southern valley has been revived with more international oil companies showing interest in the area, which uncover one of the lucrative richness of the Egyptian petroleum sector

  • Between a rock and a hard place

    Perhaps precious few observers were able to read between the lines of the government statement given by Prime Minister Ahmed Nazif before the People’s Assembly (the upper house of parliament) in the last week of 2007. "We will never cut the government subsidies to butagaz and bread," stressed Nazif, while he didn’t mention anything about other subsidized energy sources.

  • Russia is back to the scene

    Many political analysts expected that Russia will not come back on track after the collapse of the Soviet Union in 1991. However, as Vladimir Putin became on the helm of the Russian state, he vigorously attempted to regain the international standing the Soviet nation used to have in the last century as a major power.

  • Filtration of Completion and Workover Fluids

    Weighted brines are commonly used to prepare oil and gas producing wells for completion and the initiation of production. These brines are often referred to as completion fluids. The proper type and concentration of brine is required in order to prevent blowouts and ensure well safety by balancing the formation pressure. If the system is under-balanced, when the formation pressure is greater than the well bore, oil and gas will enter the "hole" endangering the rig and crew. As a result, most work is performed in a slightly over-balanced situation, where the fluid pressure in the hole is slightly greater than the formation pressure. When over-balanced, large volumes of expensive brine may be lost to the formation. Since these fluids will come in contact with the formation, perforation and gravel pack, it is important that they be free of suspended solids so that they do not damage or reduce the permeability of these production zones.

  • Monthly News

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