By Athanasios Pitatzis It was first published on OilVoice at 27th of April 2016, http://www.oilvoice.com/n/ENI-upstream-activities-A-strategic-management-approach/74b3dfa19f62.aspx According to the official website of the company ENI is “a major integrated energy company committed to growth in the activities of finding, producing, transporting, transforming and marketing oil and gas”. ENI corporate structure presented in…
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Methane Hydrates: A Business opportunity for NOCs in the Middle East and large IOCs? By Athanasios Pitatzis In today’s article we will cover the possibility that Methane Hydrates can become a business opportunity for the National Oil Companies (NOCs) in the Middle East or the large integrated oil companies like…
By Delia Morris & Athanasios Pitatzis With commodity prices in freefall, there would seem to be very few bright spots around the world for the sanctioning of upstream oil and gas projects over the next one to two-year period. In terms of activity levels, however, the Eastern Mediterranean region is…
By Athanasios Pitatzis, Evangelia Margoni, Aikaterini Souvatzoglou, Nikolaos D. Ntintas and Stelios Veisakis This is a strategic analysis of Chevron which had been produced from a team of 5 students during the MSc Oil and Gas Technology inTechnological Education Institute (T.E.I) of EMaTh, Department of Oil and Gas Technology for the academic year…
By Athanasios Pitatzis In the next decades, China will need huge amounts of natural gas to cover its domestic consumption. According to the International Energy Agency (IEA) Chinas natural gas demand will reach 300 – 350 bcm per year until 2019. Also, according to the U.S. Energy Information Administration China…
By Athanasios Pitatzis The oil and gas exploration has evolved tremendously the last decades since the first oil well was drilled. The first known oil well was drilled by Chinese in the year 347 AD but according to Herodotus and confirmed by Diodorus Siculus, asphalt was used in the construction…
By Athanasios Pitatzis In today’s article we will cover the history of the exploration wells in Norway since 1966 until now in comparison with Cyprus oil and gas discoveries until the given date. According to the publish data from the Norwegian Petroleum Directorate (NPD) Norway has drilled 1675 exploration wells until…
By Athanasios Pitatzis The low oil price environment forces a lot of oil and gas companies to make strategic decisions for their future. According to EY Report which refer to the top 10 oil and gas risks and opportunities we will them examine one by one taking consideration and low…
By Athanasios Pitatzis The Greek Prime Minister Alexis Tsipras has now met with the President of Cyprus Nikos Anastasiades and the President of Egypt Abdel Fattah el-Sisi in Cyprus in a meeting that took place on the 29th of April 2015. The main topics on the table were those of…
By Christis Enotiades and Athanasios Pitatzis The recent discoveries of large hydrocarbon reserves in the Levant basin in Eastern Mediterranean, have transformed the region to a potential net exporter of natural gas. The successive discoveries of Tamar in 2009 and of Leviathan in 2010 in Israel’s EEZ totaling almost 28tcf…