Issue: October 2012

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INSIDE ISSUE

  • Cheques and Balances

    The government must organize its own internal dealings financially and work for more efficiency if the petroleum sector is to balance its checkbooks.

  • Strikes Continue to Hit Egypt’s Petroleum Companies

    Ever since the eruption of the revolution of the 25th of January, protests and strikes have been the most effective mechanism for Egyptians to publicly display frustrations and grievances born of the deteriorating living and working conditions. The petroleum sector has been no stranger to these incidents, which dent productivity.

  • Trust and Optimism

    Asked to describe Dana Gas Egypt's performance during the last 12 years, company Chairman Dr. Hany EL Sharkawy summed it up in one word: Phenomenal. Dr. El Sharkawy sat down with Egypt Oil & Gas to discuss the past, present, and future of both the company and the Egyptian petroleum sector, particularly in light of the revolution and its aftermath.

  • ZoneSelect Fracturing System

    Fracturing System Isolates and Fractures Long-Reach Horizontal Well, Maximizing Reservoir Access.

  • Fugro Granted SAM Runner up HSE Award

    Fugro SAE has been awarded the Golden SAM Runner up HSE Award for Year 2012. The Golden SAM (Safety Always Matters) is awarded annually to the Fugro company that has shown high quality submissions, commitment to safety and has achieved a consistent outstanding safety performance among all Fugro companies worldwide. A total of 21 applications from 7 business lines were taken into consideration by the HSE Team and the Executive Committee, judged against a number of hard and soft criteria. The effort put into the applications and supporting evidence again resulted in quality submissions and significant progress in improving performance in the field of HSE.

  • The ECHEM/Petroleum Economist Egypt Petrochemicals Conference, Petrochemicals in the New Egypt

    On the 26th and the 27th of September, the Egyptian Holding Company for Petrochemicals (ECHEM) and Petroleum Economist organized the Egypt Petrochemicals Conference in the JW Marriott hotel in Cairo. The conference revolved around the theme of Petrochemicals in the New Egypt, aiming to discuss the prospects, opportunities, and challenges facing the growing petrochemicals sector in Egypt. Several high-profile figures and executives attended the conference in order to partake in the discussion regarding the development of Egypt's petrochemicals industry, most prominent among them Prime Minister Dr. Hisham Qandil and Minister of Petroleum and Mineral Resources Eng. Osama Kamal.

  • Monthly News

    News of the month, know more about the recent activities this industry has shown during September 2012.

  • Intangible Credit

    The ministry of petroleum is relying on its long-standing relationships with investors based on a history of mutual success, but this will not be enough to provide reassurances for current and future investments if the industry's finances remain unbalanced.