{"id":575473,"date":"2020-10-15T04:18:09","date_gmt":"2020-10-15T04:18:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/"},"modified":"2020-10-15T04:18:09","modified_gmt":"2020-10-15T04:18:09","slug":"agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/","title":{"rendered":"Agiba to raise investments drilling and exploration investments by 50% in 2021"},"content":{"rendered":"

Eni-EGPC JV Agiba will increase investments in well exploration and production by 50% next year, Al Mal<\/a> reports, citing an unnamed Egyptian General Petroleum Corporation (EGPC) official. \"With the start of life returning to normal again, and the improvement in global oil prices, the injection of research and exploration investments will be expanded,\" the official said. The company plans to drill 60 new exploratory wells and increase production rates to 50k barrels per day next year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Eni-EGPC JV Agiba will increase investments in well exploration and production by 50% next year, Al Mal reports, citing an unnamed Egyptian General Petroleum Corporation (EGPC) official. \"With the start of life returning to normal again, and the improvement in global oil prices, the injection of research and exploration investments will be expanded,\" the official […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7207],"tags":[557,93,197,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575473","post","type-post","status-publish","format-standard","hentry","category-energy","tag-egyptian-general-petroleum-corporation","tag-energy","tag-eni","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"beb2ff23-4675-4270-9e74-0f3fbeed291b","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[575445],"teaser":"","voice_url":""},"yoast_head":"\nAgiba to raise investments drilling and exploration investments by 50% in 2021 - 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\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Agiba to raise investments drilling and exploration investments by 50% in 2021\" \/>\n<meta property=\"og:description\" content=\"Eni-EGPC JV Agiba will increase investments in well exploration and production by 50% next year, Al Mal reports, citing an unnamed Egyptian General Petroleum Corporation (EGPC) official. "With the start of life returning to normal again, and the improvement in global oil prices, the injection of research and exploration investments will be expanded," the official […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-15T04:18:09+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Agiba to raise investments drilling and exploration investments by 50% in 2021\",\"datePublished\":\"2020-10-15T04:18:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/\"},\"wordCount\":84,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egyptian General Petroleum Corporation\",\"energy\",\"Eni\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/\",\"name\":\"Agiba to raise investments drilling and exploration investments by 50% in 2021 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-10-15T04:18:09+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Agiba to raise investments drilling and exploration investments by 50% in 2021\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Agiba to raise investments drilling and exploration investments by 50% in 2021 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/","og_locale":"en_US","og_type":"article","og_title":"Agiba to raise investments drilling and exploration investments by 50% in 2021","og_description":"Eni-EGPC JV Agiba will increase investments in well exploration and production by 50% next year, Al Mal reports, citing an unnamed Egyptian General Petroleum Corporation (EGPC) official. \"With the start of life returning to normal again, and the improvement in global oil prices, the injection of research and exploration investments will be expanded,\" the official […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-10-15T04:18:09+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Agiba to raise investments drilling and exploration investments by 50% in 2021","datePublished":"2020-10-15T04:18:09+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/"},"wordCount":84,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["Egyptian General Petroleum Corporation","energy","Eni","EnterpriseAM"],"articleSection":["Energy"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/","name":"Agiba to raise investments drilling and exploration investments by 50% in 2021 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2020-10-15T04:18:09+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/agiba-to-raise-investments-drilling-and-exploration-investments-by-50-in-2021\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Agiba to raise investments drilling and exploration investments by 50% in 2021"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":563056,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/16\/a-merger-in-the-western-desert\/","url_meta":{"origin":575473,"position":0},"title":"A merger in the Western Desert","author":"enterpriseam admin","date":"16 June 2021","format":false,"excerpt":"Eni to merge two concessions in Western Desert: Eni has signed an agreement with the Egyptian General Petroleum Corporation (EGPC) and Russian multinational energy corporation Lukoil to merge its Meleiha and Meleiha Deep concessions in the Western Desert, the Italian oil and gas operator said in a statement yesterday. The\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":554240,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/27\/eni-commits-usd-1-bn-to-oil-exploration-in-suez-gulf-nile-delta\/","url_meta":{"origin":575473,"position":1},"title":"Eni commits USD 1 bn to oil exploration in Suez Gulf + Nile Delta","author":"enterpriseam admin","date":"27 December 2021","format":false,"excerpt":"Eni to invest at least USD 1 bn on oil production in Suez Gulf, Nile Delta: Italian energy firm Eni has signed an agreement with the state-owned Egyptian General Petroleum Corporation (EGPC), committing Eni to spending a minimum USD 1 bn on exploration and extraction in the Gulf of Suez\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/491.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597352,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/eni-begins-oil-production-at-west-meleiha-concession-makes-new-oil-gas-discoveries\/","url_meta":{"origin":575473,"position":2},"title":"Eni begins oil production at West Meleiha concession; makes new oil, gas discoveries","author":"enterpriseam admin","date":"24 July 2019","format":false,"excerpt":"Italian energy company Eni has begun oil production from its West Meleiha concession in the Western Desert at a rate of 5k bbl\/d, it said in a statement. Production is expected to reach 7k bbl\/d by September 2019. West Meleiha is 50%-owned by Eni\u2019s IEOC and 50% by state-owned Egyptian\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\/2020\/2\/172.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":639584,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/12\/oil-ministry-is-setting-up-a-usd-600-mn-gas-treatment-facility\/","url_meta":{"origin":575473,"position":3},"title":"Oil Ministry is setting up a USD 600 mn gas treatment facility","author":"enterpriseam admin","date":"12 August 2024","format":false,"excerpt":"A trial period will kick off in 1Q 2025 before operation begins mid-2025","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\/8\/903.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570981,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/26\/breakdown-in-naturgy-eni-and-egpc-damietta-dispute-resolution\/","url_meta":{"origin":575473,"position":4},"title":"Breakdown in Naturgy, Eni and EGPC Damietta dispute resolution","author":"enterpriseam admin","date":"26 April 2020","format":false,"excerpt":"DISPUTE WATCH- The resolution of a long-simmering dispute over a shuttered Damietta LNG plant has fallen apart despite an agreement reached last month, according to a cabinet statement. Parties to the dispute include Spanish gas firm Naturgy Energy Group, Italy\u2019s Eni, and the Egyptian government. Why does this matter? First,\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\/2020\/4\/212.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570097,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/18\/eni-is-investing-usd-60-mn-more-in-egypt\/","url_meta":{"origin":575473,"position":5},"title":"Eni is investing USD 60 mn more in Egypt","author":"enterpriseam admin","date":"18 March 2020","format":false,"excerpt":"INVESTMENT WATCH- Eni is tacking on an additional USD 60 mn for its planned investments in Egypt\u2019s Agiba: Italy\u2019s Eni is planning to invest USD 60 mn more than was initially planned this year in its JV Agiba to increase exploration and development operations in the Western Desert and the\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/575473","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=575473"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/575473\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/575445"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=575473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=575473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=575473"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=575473"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=575473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}