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Michel Thomas Halbouty (21 June 1909 in Beaumont, Texas – 6 November 2004 in Houston, Texas) was an American geologist, petroleum engineer, and wildcatter.Credited with discovering more than 50 oil and gas fields, he twice declared bankruptcy, but came back each time to regain wealth.
The Egyptian General Petroleum Corporation (EGPC) (Arabic: الهيئة المصرية العامة للبترول) is a national oil company of Egypt. EGPC's business includes crude oil exploration, refining, and storage. The company also produces lubricants and greases and offers services for oil and gas projects. [1]
Plans called for more oil to be exported from Iraq's northern oil fields than actually occurred. Halliburton's work on the pipeline crossing the Tigris river at Al Fatah has been called a failure. Critics claim that the oil fields are barely usable and access to international markets is severely limited.
As of 2005, Egypt's reserves of natural gas are estimated at 66 trillion cubic feet (1.9 × 10 ^ 12 m 3), which are the third largest in Africa. [11] Egypt's production of natural gas was estimated at 2,000 billion cubic feet (57 × 10 ^ 9 m 3 ) in 2013, of which almost 1,900 billion cubic feet (54 × 10 ^ 9 m 3 ) was domestically consumed.
A glance at the attendee list at one of the world's largest energy industry events in Houston this week left little question about the growing influence of the United States over global oil politics.
The first independent Ministry of Petroleum was established in March 1973, to manage the political role of petroleum resources before the war of 1973. In view of the strategic significance of the Ministry's existence as a political body that sets the general petroleum strategies on new bases to go in line with the requirements of the country at this stage.
The Egyptian Natural Gas Holding Company (EGAS) is an Egyptian state-owned holding company, which owns and manages state stakes in different gas project. The company was established in August 2001. [2] EGAS is also responsible for issuing of natural gas exploration licenses in Egypt. [3]
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