{"id":564660,"date":"2021-02-18T13:54:22","date_gmt":"2021-02-18T13:54:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/first-oil-and-gas-auction-of-21-is-also-the-first-to-use-the-new-egypt-upstream-gateway\/"},"modified":"2021-02-18T13:54:22","modified_gmt":"2021-02-18T13:54:22","slug":"first-oil-and-gas-auction-of-21-is-also-the-first-to-use-the-new-egypt-upstream-gateway","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/first-oil-and-gas-auction-of-21-is-also-the-first-to-use-the-new-egypt-upstream-gateway\/","title":{"rendered":"First oil and gas auction of \u201821 is also the first to use the new Egypt Upstream Gateway"},"content":{"rendered":"

<\/a> 24 oil and gas blocks up for grabs in the first auction of 2021:<\/strong> The Oil Ministry has kicked off our first oil and gas exploration tender of the year, with 24 blocks being up for grabs, the Oil Ministry said in a statement on Thursday<\/a>. The round, which concludes on 1 August, includes nine blocks in the Mediterranean Sea, 12 in the Western Desert and three in the Gulf of Suez, an Oil Ministry source told Reuters<\/a> today.<\/p>\n

Brought to you by the Egypt Upstream Gateway:<\/strong> The announcement came during the official launch of the Egypt Upstream Gateway (EUG) digital platform, which provides E&P companies that have signed on to it with geological data for exploration and production activity. The platform, which was 12 months in the making, was developed in cooperation with Schlumberger.<\/p>\n

Who\u2019s likely to take part?<\/strong> 10 oil and gas companies have signed on to the EUG, suggesting they have appetite to participate in the tender. These companies include Eni, Apache, and Germany\u2019s Wintershall Dea, according to the announcement.<\/p>\n

A good way to close a natgas-strong week:<\/strong> The auction comes at the heels of the sleeping giant that is the Damietta LNG Terminal waking up after an eight-year slumber. As we noted this morning<\/a>, the plant will export a 150-160k cbm shipment of natural gas \u2014 its first commercial sale since 2012 \u2014 during the final week of February. That, combined with rising demand for natural gas and a commodities super-cycle, and it\u2019s looking good for Egypt\u2019s gas export hub ambitions.<\/p>\n","protected":false},"excerpt":{"rendered":"

24 oil and gas blocks up for grabs in the first auction of 2021: The Oil Ministry has kicked off our first oil and gas exploration tender of the year, with 24 blocks being up for grabs, the Oil Ministry said in a statement on Thursday. The round, which concludes on 1 August, includes nine […]<\/p>\n","protected":false},"author":1,"featured_media":564661,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10061],"tags":[915,4181,104,93,197,633,268,371,991,821],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-564660","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round-energy","tag-apache","tag-car-gas","tag-economy","tag-energy","tag-eni","tag-enterprisepm","tag-natgas-transition-scheme","tag-oil-ministry","tag-sme-development-authority","tag-wintershall-dea","wpautop","entry"],"acf":{"mongo_id":"2c4454f8-c6d8-46dc-a04b-f1d3ab0b9291","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/2\/478.jpg","photo_position":"above","related_issue":[564656],"teaser":"","voice_url":""},"yoast_head":"\nFirst oil and gas auction of \u201821 is also the first to use the new Egypt Upstream Gateway - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/18\/first-oil-and-gas-auction-of-21-is-also-the-first-to-use-the-new-egypt-upstream-gateway\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First oil and gas auction of \u201821 is also the first to use the new Egypt Upstream Gateway\" \/>\n<meta property=\"og:description\" content=\"24 oil and gas blocks up for grabs in the first auction of 2021: The Oil Ministry has kicked off our first oil and gas exploration tender of the year, with 24 blocks being up for grabs, the Oil Ministry said in a statement on Thursday. 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The tender, which concludes on 30 April, 2023 at 12pm, includes\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/576.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":655109,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/13\/four-international-oil-and-gas-firms-secure-offshore-and-onshore-concessions-across-egypt\/","url_meta":{"origin":564660,"position":1},"title":"Four international oil and gas firms secure offshore and onshore concessions across Egypt","author":"enterpriseam admin","date":"13 November 2024","format":false,"excerpt":"The winners will drill a minimum of 14 wells, with at least USD 71 mn worth of investments","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1190.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542576,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/04\/bp-eni-among-7-companies-to-land-new-oil-gas-exploration-blocks\/","url_meta":{"origin":564660,"position":2},"title":"BP, Eni among 7 companies to land new oil + gas exploration blocks","author":"enterpriseam admin","date":"4 January 2022","format":false,"excerpt":"Seven international energy companies have been awarded eight of the 24 oil and gas exploration blocks included in the government\u2019s bid round held last year, the Oil Ministry said in a statement yesterday. BP, Eni, Apex International, Energean Egypt, United Energy, Ukraine\u2019s INA Naftaplin, and Chile\u2019s Enap Sipetrol all received\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/43.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":604224,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/28\/govt-to-offer-up-to-10-oil-and-gas-concessions-in-exploration-tender\/","url_meta":{"origin":564660,"position":3},"title":"Gov\u2019t to offer up to 10 oil and gas concessions in exploration tender","author":"enterpriseam admin","date":"28 August 2023","format":false,"excerpt":"Concessions could be up for grabs in the Gulf of Suez, Red Sea, and South Valley","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1256.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542974,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/26\/new-oil-gas-exploration-bid-round-coming-soon\/","url_meta":{"origin":564660,"position":4},"title":"New oil + gas exploration bid round coming soon","author":"enterpriseam admin","date":"26 January 2022","format":false,"excerpt":"New oil and gas exploration rights will be up for grabs in 1H2022. The government plans to launch a new global tender for oil and gas exploration before June, Bloomberg Asharq reported Oil Minister Tarek El Molla as saying during a press conference yesterday. No further details were disclosed on\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/343.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":607148,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/27\/four-international-companies-awarded-oil-and-gas-exploration-blocks\/","url_meta":{"origin":564660,"position":5},"title":"Four international companies awarded oil and gas exploration blocks","author":"enterpriseam admin","date":"27 September 2023","format":false,"excerpt":"Four concessions were handed to Eni, BP, Qatar Energy, and Zarubezhneft","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1599.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/564660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=564660"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/564660\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/564656"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/564661"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=564660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=564660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=564660"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=564660"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=564660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}