EGYPT/EAST MEDITERRANEAN

 
Payment Delays Turn Independents Away From Egypt
 
Egypt has traditionally been one of the most attractive MENA countries for oil independents. But chronic and growing delays, especially to payments, mean increasing numbers are looking elsewhere.
 
By James Cockayne
 
Small to medium-sized independents already consider that Algeria and Libya are ‘not for them’. With increased competition from the East Mediterranean, and from...