Issue: June 2016

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COVER

  • EOR / WATER FLOODING: BOOSTING JVs’ PERFORMANCE

    Egypt Oil & Gas Newspaper held the third technical convention in Cairo in May, bringing together key representatives of the oil and gas industry to debate one of the timeliest themes of common interest – Enhanced Oil Recovery (EOR) and Waterflooding. On 23rd May, leaders in the oil sector gathered at a roundtable to search for ways forward through enhancement of the economics of Joint Venture companies (JVs).

INSIDE ISSUE

  • PROMISING INVESTMENT OUTLOOK FOR MENA

    Despite the challenges of low oil prices, uncertain economic outlooks, and regional instability, the Middle East and North Africa (MENA) energy sector boasts many exciting investment projects.The region can anticipate almost $900 billion in energy sector investments over the next five years, according to the Arab Petroleum Investments Corporation (APICORP).

  • EYES ON DIGITAL TECHNOLOGY. THE FUTURE IS NOW.

    Investment is somehow one of the most controversial aspects in companies’ lives. Through in-vestments, companies are expanding something tangible without quite knowing what the result will be, trying to make an educated bet, with the hope of eventually collecting a payout. But how much will a company receive in return, and when?

  • OPTIMISM IN EGYPT’s INVESTMENT ENVIRONMENT

    In the global low oil prices environment, oil and gas companies are facing a decline. Costs for field exploration and development are higher than generated profit. Major oil producing companies in the region are reported to have slashed their budgets by 40% to 50%, and cancelled as much as 50% of their planned operations.

  • CONVENTION TRAINING: OIL RECOVERY THROUGH WATERFLOODING

    The training session provided participants with an opportunity to acquire extensive knowledge about the most recent technologies in the area of secondary and tertiary recovery methods.

  • CONVENTION WORKSHOP: MAXIMIZING OIL RECOVERY POTENTIAL

    The EOR/ Water Flooding Technical Convention dedicated a day to a series of technical workshops bringing together experts in the oil and gas field to discuss new ideas and newly implemented techniques, as well as to learn from success stories.

  • EGYPT IS COMPETING FOR GLOBAL CAPITAL

    At the Egypt Oil&Gas Newspaper’s (EOG) Annual Convention, EOG had a pleasure of meeting Transglobe Energy Country Manager &Director and Chairman of the Brownfields Technical Committee, BRIAN TWADDLE, to discuss the most burning issues related to improving the investment environment in Egypt, consolidation of the Joint Venture companies (JVs), and unexplored cooperation potential with the service sector.

  • TO&GY STRATEGIC ROUNDTABLE ‘UNLOCKING EGYPT’S ENERGY POTENTIAL’

    The Oil & Gas Year (TOGY), in collaboration with Egyptian Gas Association (EGA), organized the Second Strategic Roundtable, held on Sunday 15th of May. The discussion shed light on ‘Unlocking Egypt’s Energy Potential’ in line with market liberalization, international financing, attracting foreign direct investments, and contracting philosophies.