EOG Newspaper October 2009 Issue

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Jack-Up Rig moved onto North Shadwan Desertec... The new initiative of Siemens Revealing its most recent project for a sustainable supply of energy, Peter Löscher, the Chief Executive Officer of Siemens AG – sheds light on the company’s initiative, “Desertec”, describing it as a new generation for renewable energy p16

October 2009

Issue 34

24 pages

When lack of expertise strengthens capabilities! Though the headline sounds illogical, it is true that the lack of expertise in any industry, especially in the highly dynamic ones such as the petroleum industry, should be a motivating reason for strengthening the capabilities and skills of existent personnel and paving the way for more professional cadres to emerge in order to be the right work guidance for the middle-age and fresh employers p14 ADNOC sets date for the $10 billion pipeline tender ... p7

Gas reserves up, prices down... p18

Industry Statistics... p22

Fuelling the Ramadan Soccer Tournament Oil production commences from two wells in NW Gemsa p4

Circle Oil Egypt: Q3 output almost doubles

p6

Chinese oil heads straight to Iran p 21 LAST MONTH’S OIL PRICES ICE Brent Price

For the third consecutive year, Egypt Oil & Gas (EOG) organized the Ramadan Petroleum Soccer Tournament, where 36 teams competed for the title, which was claimed by EMC this year p10

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EOG Newspaper October 2009 Issue by Egypt Oil & Gas - Issuu