Issue: June 2014

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COVER

  • Agreement Reached on Forming a Brownfields Committee

    Last month, Egypt Oil & Gas organized The Future of Egypt’s Brownfield Development Roundtable as a part of a three-day convention that also featured an exhibition introducing the latest brownfield technologies and a workshop to facilitate exchange of experiences and discussion between the top players in the petroleum industry, drawing from domestic and foreign experts representing the private as well as the public sector. The roundtable gathered figures such as Former Minister of Petroleum Eng. Abdallah Ghorab, CEO of EGPC Eng. Tarek El Molla, President of Romania National Agency for Mineral Resources Gheorghe Dutu, and CEO of Cheiron Petroleum Service, Dr. Hani El Sharkawi, at the Intercontinental Hotel at City Stars in Cairo. As a result of the roundtable discussions, an agreement was reached between the government and attending companies to form a committee for discussing how to advance brownfields development in Egypt.

INSIDE ISSUE

  • Suez Canal Corridor Megaproject to Be Launched Soon

    Early next year, Egypt’s government aims to present a plan to investors for broadening the Suez Canal and transforming its banks into a logistic and industrial hub, which could create thousands of jobs. Egypt Oil & Gas Newspaper asked experts to comment on the plan’s chances for success amid security threats and growing competition to the canal.

  • From June 30th to the Ballot Box: What’s Next for Egypt?

    June 30th might seem like a long way off now – a lot has happened, after all. And yet, events over the past 12 months – fraught political polarization, violence, terrorism, repression and so-called “democratic transition, as well as the words and actions of June 30th’s most recognizable force, Sisi himself – could give us some clues as to where Egypt might be headed in the crucial months after the election.

  • Egypt’s Oil Spill Preparedness

    In June 2010, the largest oil spill in Egyptian history occurred, polluting approximately 160 km of North Red Sea coastline. Known as the Jebel al-Zayt oil spill, the disaster mobilized a rapid clean-up campaign, informs University of Oxford energy expert Justin Dargin, which cleared approximately 90% of the resort-populated beaches within five days. The swiftness of response was seen as a success, however, the environmental disaster highlights the elevated risks surrounding the transport and exploration of oil in Egypt’s waters, which accordingly demands a higher level of preparedness and prevention. Egypt Oil & Gas Newspaper looks at the systems in place to protect Egypt’s waters in the Red Sea, the Mediterranean, and the Nile.

  • Fugro SAE Implements ROV and Subsea Engineering Control Deepworks Training Simulator Module for Egyptian Candidates

    Deepwater and ultra-deepwater operations are now a core part of the business for many installation contractors. They rely heavily on Remotely Operated Vehicles (ROVs), lifting equipment and running tools for the deployment, maintenance and repair of deepwater production infrastructure. Additionally, umbilical, riser and flowline installations at depths up to 9,000 feet present huge technical and logistical challenges.