Market Intelligence
& Interviews
Informed articles from the go-to people in the oil and gas industry
Alessandro Bacci
The Ministry of Petroleum has established a joint committee to redraft the P.S.C.s and to introduce amendments that may incentivize foreign companies to enter Egypt’s O&G sector. According to the current timeframe, the committee should be able to present its result by the end of this year. One of the most important modifications should concern a reduced reimbursement period to stimulate foreign investment.
Siemens – Expert Insights
Continuing oil and gas market pricing pressures keep exploration and production (E&P) operators looking for new ways to extract more oil from existing reserves for less.
Diversity Is Better For Business
It is hard to deny that increasing diversity in the public and private sector is one of today’s central initiatives for corporate improvement and better business outputs.
Expert Insight: CGG
When industry players explore a new area, collating all the available data and interpreting them can be challenging and time-consuming. JumpStart integrated geoscience packages provide a comprehensive, consistent resource of easily accessible data for evaluating petroleum systems, assimilating all the available data in a specific geographical area and framing it within a geological context.
Jeremy Asher, Chairman & CEO, Tower Resources
Today, Tower Capital operates the Thali license offshore Cameroon, which already has two oil discovery wells and two large exploration blocks in Zambia near the border with Zimbabwe. Tower Capital remains active in Namibia and also partners with NewAge in the Algoa-Gamtoos offshore block, which NewAge operates in South Africa.
Chris Mclean, CEO, Stonechair Capital
Stonechair Capital Corp was created in 2009 as a private equity venture capital firm that continued the pursuit of my passions in the investment banking market and Africa energy. The firm has been involved in projects in Senegal, Ethiopia, Kenya, Tanzania, Madagascar, Seychelles, Liberia, Mozambique and Nigeria.