SDX acquired the South Disouq asset in the Nile Delta in a 2013-2014 bid round
SDX getting things done in Egypt
The AIM-listed producer sees advantages in the Egyptian oil and gas ecosystem’s ability to get on with the job
A discussion with Nick Box, CFO of North Africa-focused UK independent SDX, is enough to swiftly dispel any lazy stereotypes the interlocutor might have of Egypt about sclerotic bureaucracy or a pedestrian pace under a blazing desert sun. Instead, the picture he paints is of a whole sector, from government to the services through to individuals working on particular fields, that is focused on the task of maximising Egypt’s oil and gas output. Which is not to say the country is without its challenges—from potentially underwhelming gas prices to a fiscal regime that can be beaten elsewhere, or from a current difficulty in striking consolidatory deals to tackling decline rates. But, Box tel
Also in this section
3 April 2025
Gas use in India has seen significant growth over the past year and looks set to accelerate further, even if the government’s 2030 goal remains a stretch
3 April 2025
IOCs and Western lenders are reluctant to commit to new oil and gas projects in African frontier countries
2 April 2025
The often-hidden yet powerful hand maintains supply chain linkages and global flows amid disruptions
2 April 2025
At some point it is likely that $70/bl will be quietly accepted as the producer-consumer sweet spot for a US administration having to balance both sides of the ledger
