{"id":569024,"date":"2020-02-11T04:23:39","date_gmt":"2020-02-11T04:23:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/egypt-signs-usd-43-mn-gas-exploration-agreement-with-wintershall-dea\/"},"modified":"2020-02-11T04:23:39","modified_gmt":"2020-02-11T04:23:39","slug":"egypt-signs-usd-43-mn-gas-exploration-agreement-with-wintershall-dea","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/egypt-signs-usd-43-mn-gas-exploration-agreement-with-wintershall-dea\/","title":{"rendered":"Egypt signs USD 43 mn gas exploration agreement with Wintershall Dea"},"content":{"rendered":"

<\/a> Egypt signs USD 43 mn gas exploration agreement with Wintershall Dea:<\/strong> Oil Minister Tarek El Molla signed a USD 43 mn gas exploration and production agreement with Wintershall Dea to drill eight wells in East Damanhour concession area with a minimum investment of USD 43 mn and signing grants of USD 11 mn, according to a ministry statement<\/a>. Egypt has so far this year signed more than USD 800 mn in oil and gas agreements, including a USD 332 mn pact with ExxonMobil<\/a> and nine agreements worth USD 450 mn<\/a> with Shell and Apache.<\/p>\n

El Molla also met with Schlumberger CEO<\/strong> Olivier Le Peuch, according to a ministry statement<\/a>. The two also looked into the company's projects in the field of supporting the digital transformation in the Egyptian oil and gas industry.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt signs USD 43 mn gas exploration agreement with Wintershall Dea: Oil Minister Tarek El Molla signed a USD 43 mn gas exploration and production agreement with Wintershall Dea to drill eight wells in East Damanhour concession area with a minimum investment of USD 43 mn and signing grants of USD 11 mn, according to […]<\/p>\n","protected":false},"author":1,"featured_media":569025,"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":[8572],"tags":[4571,919,72,4570,2380,10257,4396],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-569024","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-damanhour","tag-egyps","tag-enterpriseam","tag-schlumberger","tag-speed-round","tag-wintershall","tag-zohr-field","wpautop","entry"],"acf":{"mongo_id":"9676cf8c-dea4-4557-a38c-f140dcdc7aec","is_powered_by":true,"section_story_id":"7d516919-c014-4ca0-80eb-af55172d83bd","story_type":"1","photo_url":"https:\/\/ent.news\/2020\/2\/147.jpg","photo_position":"above","related_issue":[569008],"teaser":"","voice_url":""},"yoast_head":"\nEgypt signs USD 43 mn gas exploration agreement with Wintershall Dea - 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\/2020\/02\/11\/egypt-signs-usd-43-mn-gas-exploration-agreement-with-wintershall-dea\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt signs USD 43 mn gas exploration agreement with Wintershall Dea\" \/>\n<meta property=\"og:description\" content=\"Egypt signs USD 43 mn gas exploration agreement with Wintershall Dea: Oil Minister Tarek El Molla signed a USD 43 mn gas exploration and production agreement with Wintershall Dea to drill eight wells in East Damanhour concession area with a minimum investment of USD 43 mn and signing grants of USD 11 mn, according to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/egypt-signs-usd-43-mn-gas-exploration-agreement-with-wintershall-dea\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-11T04:23:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/147.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/egypt-signs-usd-43-mn-gas-exploration-agreement-with-wintershall-dea\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/egypt-signs-usd-43-mn-gas-exploration-agreement-with-wintershall-dea\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt signs USD 43 mn gas exploration agreement with Wintershall Dea\",\"datePublished\":\"2020-02-11T04:23:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/egypt-signs-usd-43-mn-gas-exploration-agreement-with-wintershall-dea\/\"},\"wordCount\":136,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/egypt-signs-usd-43-mn-gas-exploration-agreement-with-wintershall-dea\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/147.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Damanhour\",\"EGYPS\",\"EnterpriseAM\",\"Schlumberger\",\"SPEED ROUND\",\"Wintershall\",\"Zohr Field\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/egypt-signs-usd-43-mn-gas-exploration-agreement-with-wintershall-dea\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/egypt-signs-usd-43-mn-gas-exploration-agreement-with-wintershall-dea\/\",\"name\":\"Egypt signs USD 43 mn gas exploration agreement with Wintershall Dea - 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Newly merged Wintershall DEA plans to increase production from its Desouk field to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/7\/2075.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597772,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/05\/germanys-dea-and-wintershall-complete-merger-big-plans-to-egypt-oil-and-gas\/","url_meta":{"origin":569024,"position":1},"title":"Germany\u2019s DEA and Wintershall complete merger, big plans to Egypt oil and gas","author":"enterpriseam admin","date":"5 May 2019","format":false,"excerpt":"M&A WATCH- Germany\u2019s DEA and Wintershall become DEA Wintershall with big plans for Egypt oil and gas assets: Germany-based oil and gas majors Wintershall and DEA have completed their multi-bn merger, the new entity, Wintershall DEA, said in a press release. DEA owner LetterOne (the investment arm of Russian bn\u2019aire\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596886,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/egypt-talks-investment-options-with-germanys-wintershall-dea\/","url_meta":{"origin":569024,"position":2},"title":"Egypt talks investment options with Germany\u2019s Wintershall DEA","author":"enterpriseam admin","date":"10 July 2019","format":false,"excerpt":"The Oil Ministry met with a delegation from Germany\u2019s Wintershall DEA yesterday to explore investment options, according to a ministry statement. The two sides also discussed an agreement they signed in March for DEA to extend its ownership of the Ras Budran and Zeit Bay oil fields in the Gulf\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560759,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/more-natgas-imports-from-israel\/","url_meta":{"origin":569024,"position":3},"title":"More natgas imports from Israel?","author":"enterpriseam admin","date":"11 March 2021","format":false,"excerpt":"More signs we could see a bump in natgas imports from Israel: Egypt\u2019s rising imports of natural gas from Israel\u2019s Leviathan could help bump up the offshore field\u2019s production and sales this year, CEO of Delek Drilling \u2014 a main operator of Leviathan \u2014 Yossi Abu told Reuters. Delek now\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\/2021\/3\/172.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568634,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/29\/egypt-exxonmobil-sign-usd-332-mn-in-oil-and-gas-agreements\/","url_meta":{"origin":569024,"position":4},"title":"Egypt, ExxonMobil sign USD 332 mn in oil and gas agreements","author":"enterpriseam admin","date":"29 January 2020","format":false,"excerpt":"Egypt, ExxonMobil sign USD 332 mn oil and gas agreements: The Oil Ministry has signed two new agreements with ExxonMobil for oil and gas exploration in the Mediterranean, according to a cabinet statement. 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