oil & gas
Cost Recovery: Tedious or Necessary?
Monday, 9th March 2015
Cost recovery is considered a cornerstone of Production Sharing Agreements (PSAs); as operators of the concession or international oil companies (IOCs) bear all operation and capital expenditures in a new concession as well as the risks, cost recovery has become a main mechanism through which the contractors are to recover their costs and generate profits.
FUGRO SAE: International Company with Egyptian heart
Wednesday, 4th February 2015
Fugro SAE (FSAE) is responsible for Fugro’s survey and subsea activities in Egypt. Benefiting from investment in Egypt over more than 30 years, FSAE has developed a strong capability in the country, allowing delivery of world-class services to the Egyptian offshore industry entirely by Egyptian staff and locally available resources.