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  1. Egypt Receivables: A Glass Half Full Or Half Empty?

    ...the agreement” (MEES, 3 February). Dana’s latest comments take the firm back to 2014 (and similar comments as far back as 2011) when the company talked of “calibrating its capital expenditure [in Egypt] in line with collections,” with spending “re-phased” to a later period (MEES, 8 August 20...

    Volume: 60
    Issue: 14
    Published at Fri, 07 Apr 2017

  2. BP Egypt Output: Only Good News?

    ...16); for Baltim the figure was 28%. This means that a major ongoing program of new exploration and tie-ins is needed to keep production steady. The collapse in output in recent years is the result of a 2011-2014 investment hiatus. Whilst new tie-ins should stem the decline, it is far from clear that th...

    Volume: 60
    Issue: 14
    Published at Fri, 07 Apr 2017

  3. Petroceltic: Worldview Or Bust

    ...bsidiary Dragon Oil tried to buy the firm for $800mn (MEES, 10 October 2014). It was downhill from there. Worldview, which has steadily built a stake since 2011, in January 2015 lambasted Petroceltic CEO Brian O’Cathain's board for “failures… including the failed offer by Dragon Oil (MEES, 16 January 20...

    Volume: 59
    Issue: 14
    Published at Fri, 08 Apr 2016