Projects P.28
Political Review
Walking the Fault Lines
Agiba Gas Generation Plant in Raml Field
Avoiding Conflict through Forced Cooperation
Technology P.26
DwC Technology, Defyer Bits, OverDrive System with TorkDrive Tool Set Casing at Planned Depth in one trip, Mitigate Losses
P.24
Bullion Market Price 1744.72
GOLD
Percentage +4.80%
Crude Oil USD/BBL
WTI BRENT
Price 34.23
Price 102.43 118.99
1
HIGHLIGHT
SILVER
Percentage +10.53%
EGAS to amend new terms and conditions in coming bid round to be announced
Percentage +2.13% +6.77%
April 2012
Issue 64
32 Pages
www.egyptoil-gas.com
STANDING
ON THE SHOULDERS OF GIANTS The Egyptian petroleum industry’s top-level executives convene to ponder the future of the sector’s contractual agreements amid the vehement changing winds of the country’s political makeup.
In Focus
A Roadmap to the Renaissance of Petroleum Agreements One of the few remaining patches of solid ground in the Egyptian economy is the country’s petroleum sector, which has fared far better than other sectors in dealing with last year’s tumultuous events. In order for the sector to support the national economy, further development of its various aspects is necessary. P.22
In Review
Unitization Under the Egyptian Petroleum Exploration and Exploitation Agreements Does the Egyptian petroleum exploration and exploitation agreements contain any provision governing the cases of unitization? Unitization in the Egyptian legal system is subject to the different provisions discussed further. P.14