In which areas do you see the greatest commercial potential for new upstream activity?
Egypt Energy
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Interviews & Viewpoints | OBG talks to Sherif Ismail, Minister of Petroleum and Mineral Resources from The Report: Egypt 2014
Articles & Analysis | Efforts are being devoted to increasing production and capacity, despite some delays from The Report: Egypt 2014
Over the course of 2014 Egypt’s energy sector has seen some welcome developments. The announcement of a debt-repayment programme for funds owed to international oil companies (IOCs) has restored confidence in the upstream segment and brought pledges of increased investment from larger operators such as the UK’s BP.
Interviews & Viewpoints | OBG talks to Ross Clarkson, CEO, TransGlobe from The Report: Egypt 2014
Chapter | Energy & Utilities from The Report: Egypt 2014
The extraction of oil and gas has long played a central role in the Egyptian economy, accounting for 15.3% of the country’s GDP in the 2013/14 financial year. With exploration in the North African nation dating back to the 1880s, the government has a long history of working with private firms to develop and manage its resources. Over the course of 2014 Egypt’s energy sector has seen some...
With its significant reserves of liquefied natural gas (LNG), Egypt has been a key exporter for regional consumers over the past decade but with growing domestic consumption and a number of fiscal constraints, the country has been looking to secure additional supplies by expanding LNG capacity.
Articles & Analysis | Wind in the sails: As the government aims to make more use of renewable sources, wind is gaining more attention from The Report: Egypt 2013
Egypt’s wind resources are some of the most comprehensively studied in the region. The coastline of the Gulf of Suez in particular was investigated in great detail between 1996 and 2003 in a joint effort by the Danish RISO laboratories and the Egyptian Meteorological Authority (EMA), the result of which was the Wind Atlas for the Gulf of Suez West...