{"id":573799,"date":"2020-08-18T04:14:24","date_gmt":"2020-08-18T04:14:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/foreign-companies-to-conduct-seismic-surveys-in-4q2020-in-egypts-westmed\/"},"modified":"2020-08-18T04:14:24","modified_gmt":"2020-08-18T04:14:24","slug":"foreign-companies-to-conduct-seismic-surveys-in-4q2020-in-egypts-westmed","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/foreign-companies-to-conduct-seismic-surveys-in-4q2020-in-egypts-westmed\/","title":{"rendered":"Foreign companies to conduct seismic surveys in 4Q2020 in Egypt\u2019s WestMed"},"content":{"rendered":"

<\/a> International oil and gas players will begin conducting seismic surveys in the Western <\/strong>Mediterranean in 4Q2020<\/strong>, Al Shorouk<\/a> and Masrawy<\/a> reported yesterday, each citing a source from the Egyptian Natural Gas Holding Company (EGAS). An unspecified number of companies will kick off the surveys as soon as the House of Representatives ratifies their exploration agreements, with more set to follow suit in 1H2021, the source said. One unnamed company has already received the green light from parliament to move ahead, Oil Minister Tarek El Molla said, according to Al Shorouk.<\/p>\n

Expect to see the first exploration well drilled sometime next year<\/strong>, followed by more wells in 2022, as soon as seismic surveys are complete and the results analyzed, said the source. Smaller companies will be allowed to work alongside oil majors, and more parties are likely to pursue new concessions in the coming period, according to the source.<\/p>\n

Background: <\/strong>The Oil Ministry granted seven concessions in the area to five international oil companies including Royal Dutch Shell, Chevron, BP, Total, and ExxonMobil after conducting its own seismic scan of the area. The deepwater oil and gas agreements were signed during February\u2019s Egypt Petroleum Show<\/a>.<\/p>\n

\n","protected":false},"excerpt":{"rendered":"

International oil and gas players will begin conducting seismic surveys in the Western Mediterranean in 4Q2020, Al Shorouk and Masrawy reported yesterday, each citing a source from the Egyptian Natural Gas Holding Company (EGAS). An unspecified number of companies will kick off the surveys as soon as the House of Representatives ratifies their exploration agreements, […]<\/p>\n","protected":false},"author":1,"featured_media":573800,"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":[72,91,2380,4593],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-573799","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-oil-and-gas","tag-speed-round","tag-western-mediterranean","wpautop","entry"],"acf":{"mongo_id":"6e55c89b-0716-4776-a9c9-902d56e5543d","is_powered_by":true,"section_story_id":"80fdf495-1342-4345-a5bd-6387379141bd","story_type":"1","photo_url":"https:\/\/ent.news\/2020\/8\/143.jpg","photo_position":"above","related_issue":[573785],"teaser":"","voice_url":""},"yoast_head":"\nForeign companies to conduct seismic surveys in 4Q2020 in Egypt\u2019s WestMed - 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\/08\/18\/foreign-companies-to-conduct-seismic-surveys-in-4q2020-in-egypts-westmed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign companies to conduct seismic surveys in 4Q2020 in Egypt\u2019s WestMed\" \/>\n<meta property=\"og:description\" content=\"International oil and gas players will begin conducting seismic surveys in the Western Mediterranean in 4Q2020, Al Shorouk and Masrawy reported yesterday, each citing a source from the Egyptian Natural Gas Holding Company (EGAS). An unspecified number of companies will kick off the surveys as soon as the House of Representatives ratifies their exploration agreements, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/foreign-companies-to-conduct-seismic-surveys-in-4q2020-in-egypts-westmed\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-18T04:14:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/143.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\/08\/18\/foreign-companies-to-conduct-seismic-surveys-in-4q2020-in-egypts-westmed\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/foreign-companies-to-conduct-seismic-surveys-in-4q2020-in-egypts-westmed\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Foreign companies to conduct seismic surveys in 4Q2020 in Egypt\u2019s WestMed\",\"datePublished\":\"2020-08-18T04:14:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/foreign-companies-to-conduct-seismic-surveys-in-4q2020-in-egypts-westmed\/\"},\"wordCount\":206,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/foreign-companies-to-conduct-seismic-surveys-in-4q2020-in-egypts-westmed\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/8\/143.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"oil and gas\",\"SPEED ROUND\",\"western Mediterranean\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/foreign-companies-to-conduct-seismic-surveys-in-4q2020-in-egypts-westmed\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/foreign-companies-to-conduct-seismic-surveys-in-4q2020-in-egypts-westmed\/\",\"name\":\"Foreign companies to conduct seismic surveys in 4Q2020 in Egypt\u2019s WestMed - 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EGAS has finalized studies and seismic scans, and is waiting\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":638574,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/egas-to-issue-new-oil-and-gas-exploration-tenders-in-2018\/","url_meta":{"origin":573799,"position":3},"title":"EGAS to issue new oil and gas exploration tenders in 2018","author":"enterpriseam admin","date":"9 October 2017","format":false,"excerpt":"EGAS plans to issue new oil and gas exploration tenders in 2018, an unnamed company official tells Al Shorouk. 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