Sea Dragon acquires intersts in NW Gemsa
September 2009
Issue 33
24 pages
West African Oil draws world’s attention Over the last eight months, the price indicators of crude oil and natural gas prices showed a tremendous fluctuation, while experts and economists have been doing their best to predict and analyze this important commodity that affects people’s lives. However, positive economic news has been spurring the recent crude oil rally that brought prices back up from $50 p16 Ras Laffan 3 fires up production in Qatar ... p8
Oil is the market crystal ball... p19
Industry Statistics... p22
Egypt’s investments on track Egypt signs $2.3 billion oil and gas agreements p4
Fire & Explosion… How safe is your workplace? p12
Global economy at risk from oil price rise p18 LAST MONTH’S OIL PRICES ICE Brent Price
In any industry, the volume of investments represents the backbone of the industry’s richness, development and effectiveness. The petroleum sector, being one of the leading industries in Egypt, aims at creating this favor environment to lure more investments to the country p14