2nd February 2017
GCA's Rand Al-Obaidy will be giving a talk on the final day of the 2017 Egypt Petroleum Show (February 14-16, 2017).
Her subject is "Value Capture in the World Class Mature(ing) Egyptian Oil and Gas Province". You can read her abstract below.
To register for the event go to www.egyptpetroleumshow.com and hear it live.
We are witnessing an increasing interest in the Egyptian oil and gas sector from domestic and foreign investors and financial firms seeking flexible, competitive opportunities.
This interest is, at times, accompanied by concerns regarding the balance between risks and profitability. There are a number of factors that contribute to this; the current low oil price (2015-2016+), national shortage of hard currency and some resistance to change. Often the life of field potential for an asset, in terms of unswept hydrocarbons and behind pipe opportunities, is not clear. OPEX trends may be uncertain or best management practices with fit for purpose technology may not be fully applied. The rich diversity of source rocks and reservoirs across several basins, and challenges imaging them, mean that Egyptian explorers have a huge range of options to locate new hydrocarbon accumulations. Examples include pay in the Carboniferous of Western Desert, Miocene and deep Oligocene pays offshore Nile Delta,.
This presentation will discuss the large potential that Egypt has across the Western Desert, the Mediterranean and Gulf of Suez, both onshore and offshore. Recent and potential projects will be discussed to demonstrate these options and to help capture the prize of the next 30 years of Egyptian oil and gas industry.
GCA has completed over 88 projects in the last 10 years in Egypt. You can read about some of these activities using the links to the right and below. Please do contact the author if you would like to discuss how GCA can assist you with opportunities in Egypt.
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