Issue: May 2008

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INSIDE ISSUE

  • StatoilHydro takes on the deep water challenges

    Being a "late entrant" to the Egyptian oil and gas market has not hindered Norway’s leading company StatoilHydro in joining this "promising area", but what are the challenges it is facing? How will it solve them? What are its plans? Per Johan Bugge, StatoilHydro General Manager in Egypt, exchanges with Egypt Oil & Gas the clarifications to all the queries and reveals the company’s target in strengthening its operations in the country.

  • Horizontally drilling new potentials II

    Shedding light on the Horizontal Drilling Technique in Egypt, and the fruitful outcomes it can bring to the oil and gas industry, Steve Gauld, Business Development Manager of Baker Hughes Egypt exchanges more information about this trendy methodology

  • Negotiations to increase gas prices set to fertilizer companies

    The Egyptian government is negotiating with a number of fertilizer companies operating in free zone areas to increase the price they pay in return for natural gas in order to compile with the international gas prices

  • Deep challenges open deep oil frontiers

    Despite the challenges, technology has evolved and revolutionized the exploration and expansion of current and new oil fields, especially the deep water well construction

  • Toyota Corp., the newest member in the Egyptian energy sector

    Talks by the Egyptian Natural Gas Holding Company (EGAS) with Toyota Corp on launching a drilling joint-venture for deep-waters operations have reached a very advanced stage

  • Will Russia become Egypt’s nuclear partner?

    "We believe that energy security is a major part of building a future for the country, and an integral part of Egypt’s national security system," thus spoke President Hosni Mubarak upon inaugurating an electricity power plant north of Cairo in September. Since President Mubarak announced that Egypt would tread the nuclear path to secure its every increasing energy needs, studies have been conducted to choose the right foreign partner which will cooperate in building Egypt's first set of reactors.

  • Yet another round

    Egypt will once again host the World Economic Forum this month, having managed to deliver a successful round in Sharm El-Sheikh in 2006.

  • Saving the US Economy

    It seems that the U.S economy is heading towards a long-standing recession. With the credit crunch crisis, growing problems in Iraq, decreasing value of the US dollar vis-à-vis other main currencies, rising oil prices which exceeded the $100 dollar mark for the first time in decades came to cap it all. And as oil prices have risen about 16% this year, and the oil producers’ cartel, OPEC, has declined to raise output, the American administration, as a result, felt at sea and began to move and hold talks with oil-producing countries.

  • Storage Area Networks Concepts

    Why do we use SAN Storage? Is it essential for any infrastructure? What type of problems will it solve? Do we need it to solve capacity problems only or there are other more pivotal issues? Will it have an impact on performance, scalability and upgradeability?

  • Evolution of hydraulic workover units to sidetrack drilling capability

    Nowadays, several of the world’s oil and gas regions are in a mature development phase, with many installations experiencing a decline in hydrocarbon production. Still, they offer the potential for significant reserves from untapped, bypassed or previously noncommercial pockets if there were an economical way to access the reserves.

  • Mi SWACO applies new technologies in the Mediterranean

    Mi SWACO Branch in Egypt is registered as M-I Overseas Limited, Egypt Branch and is independently operating under the law 43 of 1976 for Free Zone companies. The Branch of Egypt is the head quarter of the Middle East operations. Egypt Branch Supplies full range of Drilling Fluids additives, Drilling Fluids Engineering Services, Bulk Operations Services, Liquid Oil Mud and Brine mixing and storage facilities.