According to Shell executive vice president, Sami Iskander, many challenges have been threatening the oil sector, especially the price decrease in 2014 and 2015.However, many clues are indicating improvements of the increasinginvestment opportunitiesin Egypt, typically after the reforms of laws on gas and investment, which attracted big companies such as British Petroleum (BP) and Eni.“The Mediterranean has the largest share of deep-water investments and we cannot overlook the reforms Egypt is making and the investments that are being pumped by companies like Eni, BP, andShell,” he said in a statement to Daily News Egypt.He added that Egypt’s location on the Mediterranean Sea is characterised by the presence of two factories for liquefaction of gas and a good market and infrastructure. He pointed out that Shell’s West Delta Deep Marine pr...
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