Issue: July 2017

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COVER

  • EQUATORIAL GUINEA: THE NEWEST OPEC MEMBER

    Equatorial Guinea joined in May the Organization of Petroleum Exporting Countries (OPEC). The numbers of oil production and revenues, the country’s location, and the prosperous prospects of being OPEC’s newest member grant the country key aspects to turn Equatorial Guinea into an open door to investments in the petroleum sector.

INSIDE ISSUE

  • QHSE: A VISION FOR BORG EL ARAB PETROLEUM

    In the oil and gas industry, quality, health, safety, and environment (QHSE) are key aspects for operators to ensure the productivity of their fields. Following a QHSE program, oil and gas firms get the most beneficial performance and results.

  • QHSE: THE INDUSTRY’S STAMINA

    The oil and gas industry is involved in a high-risk business where any error can result in potential damages to the health and safety of its staff, as well as negatively affect the environment. Accordingly, Quality, Health, Safety and Environment (QHSE) Management should be prioritized by any successful oil and gas organization that wants to build a healthy and safe working place for its employees and further protect the environment in which it operates.

  • TECHNOLOGY, The Achilles Heel of Fuel Productivity

    Information systems and technologies play an important role in the oil and gas industry. Firms perpetuate information technology (IT) into their global operations in order to promote tighter controls, unleash productivity, and boost efficiency.

  • Unconventional Gas and Environmental Sustainability

    The rapid development of unconventional gas resources in the past few years has dramatically affected the global energy market, increasing the possibility of having a source of low carbon energy to reduce dependence on coal and conventional oil and gas.

  • HEALTH RISKS CONTROL IN OIL AND GAS INDUSTRY

    The oil and gas industry is a field full of health risks and hazards that may affect employees working in the site or people living in nearby areas. With the ending of the easy oil phase and the emergence of the difficult oil era, oil and gas firms, along with governments and high authorities, tend to work on mitigating these risks.

  • US Withdrawal From The Paris Agreement: The Legal Implications (Or Lack Thereof) On The Energy Industry

    In June 1, 2017 US President Donald Trump controversially announced that the USA would no longer be part of the Paris Agreement (or Paris Climate Accords as they are often referred) and effectively signaled the withdrawal of the United States from the Agreement as a signatory.

  • QATAR CRISIS AND ITS IMPACTS ON THE PETROLEUM INDUSTRY

    In June 5, Egypt, Saudi Arabia, the United Arab Emirates (UAE), Bahrain and other Arab countries cut diplomatic ties with Qatar in a coordinated move after allegations that Doha supports terrorist organizations and interferes in the internal affairs of countries in the region.

  • GUPCO REHABILITATION PROJECT AT M-36

    The Gulf of Suez Petroleum Company (GUPCO) launched the Rehabilitation Project as a major ongoing commitment by GUPCO and its shareholders to address the integrity of the company’s main complexes, which are between 21 and 47 years old.