1. BP Stakes Out Key Role In Egypt’s Gas Renaissance – If The Price Is Right

    ...rth of the city of Damietta and 45km to the north west of the Eni-operated Temsah offshore facilities. The North Damietta offshore block lies north of the BP-operated Ras El Bar and Eni operated Temsah and North Port Said blocks, which collectively produced around 1.1bn cfd for 2013. Meanwhile, BP in 2011...

    Volume: 58
    Issue: 11
    Published at Fri, 13 Mar 2015
  2. MEES Analysis: Gulf NOCs Go Global; Refining Leads The way

    ...ternational downstream, but it does not have as robust an international downstream strategy as Saudi Arabia. Abu Dhabi-owned International Petroleum Investment Company (IPIC) has long held equity in Spain’s Cepsa, and completed a takeover of the company in 2011. Cepsa has about 660,000 b/d of refining ca...

    Volume: 57
    Issue: 11
    Published at Fri, 14 Mar 2014
  3. Hit By Subsidies At Home, ENOC Looks Abroad

    ...ofitability,” says ENOC chief executive Said Khury. “However, as a responsible government entity, we focused on optimizing resource use and maximizing productivity through strategic initiatives, which enhanced our performance.” He says revenues grew by 50% from 2011 to 2013, while profits rose by 39%, without re...

    Volume: 57
    Issue: 11
    Published at Fri, 14 Mar 2014