August 2008
NEWS
Issue 20
24 pages
Sembcorp Marine receives a 2nd Egyptian Jack-up order
Full-Wave Seismic for Reservoir Analysis page 10
Opening a way... Iraq opens the door to international oil companies page 16
High-Performance Water-Based Fluids in Ultra-Deep Offshore Wells page 18
Jeddah oil summit apparently failed to bear fruit ..............page 17 IS for Horizontal Well Design Workshop......................... page 20 Statistics.............................page 22
LAST MONTH’S OIL PRICES
MIDOR on the spot Will it be privatized? Over the past month, rumors were spread in every corner of Egypt claiming that the government is to start a privatization plan for the petroleum companies. Since then, a wave of disagreements, oppositions and discontents has dominated the petroleum scene, asking for replies and facts from the government in general and from the Ministry of Petroleum in particular By: Yomna Bassiouni Continued on page 12