Issue: January 2017

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COVER

  • MODERNIZATION AS A NEW STRATEGY

    By Nataša Kubíková
    Speaking with Egypt Oil&Gas, His Excellency ENG. TAREK EL MOLLA introduces Egypt's Oil and Gas Sector Modernization Program.

INSIDE ISSUE

  • RATIONALE BEHIND OIL&GAS SECTOR IMPROVEMENTS

    By Nataša Kubíková
    Setting a clear strategy and a realistic direction for future modernization of the Egyptian oil and gas industry.

  • EGYPT’S ‘INVESTMENT ATTRACTION’ FORMULA

    By Salma Essam, Nataša Kubíková
    Embracing foreign investments in oil&gas industry under modernization scheme.

  • FROM OUTPUT DECLINE TO FEEDSTOCK BOOST

    By Salma Essam
    Overcoming challenges of the Egyptian downstream sector caught between arrears and a lack of feedstock.

  • OIL & GAS ORGANIZATIONS IN THE FUTURE: PEOPLE CONTRIBUTION TO SUSTAINABILITY AND EXCELLENCE

    By Osama Elsaadawi, Marketing Manager, Oil & Gas Skills
    Today’s oil and gas organizations were developed in a time of resource scarcity. To get at those hard-to-find, difficult-to-develop resources, companies built large, complex organizations with strong centralized functions. This model allowed them to tackle terrific technical challenges, manage great operational risk, and deploy scarce talent across its operations.

  • UPGRADING PEOPLE DEVELOPMENT AGENDA

    By Amira S. Badawey
    Overview of key elements in enhancing human capital in Egypt's oil and gas industry.

  • SHIFTING THE COURSE OF EGYPT’S DOWNSTREAM SECTOR

    By Nataša Kubíková, Salma Essam
    Despite the political unrest, Egypt has maintained the highest refining capacity in Africa since 2011. The estimate stands at 726 billion barrels of petroleum products per day from 2011 to 2015, according to OPEC Annual Statistical Bulletin 2016. And Egypt is well equipped and eager to write an even more successful story for the years to come. What is the future of Egypt’s downstream sector?

  • EGYPT, THE KEY TO THE REGION’S OIL&GAS FUTURE

    By Amira S. Badawey
    Insight into Egypt's aspiration to become regional oil and gas hub.

  • ENERGY IN EGYPT 2017: A YEAR OF TRANSFORMATION?

    By Hugh Fraser, Office Managing Partner, Andrews Kurth Middle East
    2017 promises to be a year of transformation for the Egypt energy sector. The Minister of Petroleum, Tarek El Molla, speaking at the OTC Conference in Houston in May last year candidly pointed to the challenges the Egyptian Government was facing with IOC debt accumulations, the burden of fuel subsidies and the impact of currency and expatriation of funds concerns among foreign investors.

  • ERDOGAN’S DELUSIONS OF ENERGY GRANDEUR: WHY TURKEY WILL NOT ACHIEVE ‘ENERGY HUB’ STATUS

    By Constantinos Papaloucas, Associate with the Environment and Natural Resources Program (ENRP) at Harvard’s Belfer Center for Science and International Affairs
    With Erdogan’s democratic countercoup enforcing temporary order and the recent rapprochement with Russia and Israel, Turkey’s expected next step is to focus on its long-standing aspiration: to become a regional energy hub in the Eastern Mediterranean (EastMed).

  • PEOPLE DEVELOPMENT ROUNDTABLE

    By Nataša Kubíková
    The People Development Roundtable held under the high patronage of His Excellency Eng. Tarek El Molla took place in Cairo on 13th December 2016. The roundtable took upon itself a mission to identify alternative ways to transform mechanisms for building human capital for Egypt’s oil and gas industry.

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