{"id":583259,"date":"2023-02-15T00:00:00","date_gmt":"2023-02-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/this-evening-adnoc-now-owns-half-of-totalenergies-sturgeon-is-out\/"},"modified":"2023-02-15T00:00:00","modified_gmt":"2023-02-15T00:00:00","slug":"this-evening-adnoc-now-owns-half-of-totalenergies-sturgeon-is-out","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/this-evening-adnoc-now-owns-half-of-totalenergies-sturgeon-is-out\/","title":{"rendered":"THIS EVENING: Adnoc now owns half of TotalEnergies + Sturgeon is out"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Good afternoon, wonderful people.<\/span><span style=\"font-weight:400;\"> It\u2019s a busy Wednesday afternoon, with a pipeline of news to keep you busy as we count down to the weekend. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">THE BIG STORY TODAY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span> <\/span><span style=\"font-weight:700\">Adnoc Distribution now owns half of one of Egypt\u2019s largest fuel retailers:<\/span><span style=\"\"> Adnoc Distribution, the distribution arm of <\/span><span style=\"\">UAE\u2019s state <\/span><span>oil company<\/span><span>Abu Dhabi National Oil Company, has completed its acquisition of a 50% stake in fuel retailer TotalEnergies Egypt, it said in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2023\/02\/2769230_ADNOC-DISTRIBUTION-COMPLETES-ACQUISTION-OF-50-STAKE-IN-TOTALENERGIES-EGYPT-English-15022023.pdf\" style=\"\">a statement (pdf)<\/a><\/span><span> yesterday. The acquisition marks Adnoc\u2019s entry into the Egyptian market. The transaction has been in the works since <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2022\/07\/31\/adnoc-is-buying-50-of-filling-station-chain-totalenergies-egypt-76795\/\" style=\"\">last July<\/a><\/span><span>.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">THE BIG STORY ABROAD<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Scotland\u2019s First Minister Nicola Sturgeon resigned from her position after eight years in<\/span><span style=\"font-weight:700\"> office<\/span><span>, citing concerns over helping her country secure independence. The story is leading coverage in the international business press this afternoon: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ft.com\/content\/aa530f3e-fa54-4c75-b8be-62a12fbe2542\" style=\"\">Financial Times<\/a><\/span><span> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wsj.com\/articles\/scottish-leader-nicola-sturgeon-resigns-9a5425b9?mod=hp_lead_pos10\" style=\"\">Wall Street Journal<\/a><\/span><span> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/world\/europe\/scottish-first-minister-sturgeon-resign-bbc-2023-02-15\/\" style=\"\">Reuters<\/a><\/span><span> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cnbc.com\/2023\/02\/15\/nicola-sturgeon-set-to-resign-as-scottish-first-minister-sky-news-reports.html\" style=\"\">CNBC<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">** CATCH UP QUICK<\/span><span style=\"\"> on the top stories from today\u2019s <\/span><span style=\"font-weight:700\">EnterpriseAM<\/span><span style=\"font-weight:400;\">: <\/span><\/p>\n<ul>\n<li><span style=\"font-weight:700\">Privatization update: United Bank, Helwan Fertilizers, Pachin.<\/span><span> Head <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/02\/15\/privatization-update-united-bank-helwan-fertilizers-pachin-96899\/\" style=\"\">here<\/a><\/span><span style=\"font-weight:400;\"> for the latest on potential stake sales in three state-owned companies that were last week named on the list of 32 state-owned companies the government plans to take to market over the next year.<\/span><\/li>\n<li><span style=\"font-weight:700\">EFG Hermes shares rise as Ripplewood <\/span><span style=\"font-weight:700\">flips big<\/span><span style=\"font-weight:700\"> part of its stake to Chimera + others:<\/span><span> EFG Hermes\u2019 second-largest shareholder, Tim Collins\u2019 Ripplewood, has sold <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/02\/15\/ripplewood-flips-big-part-of-its-efg-hermes-stake-to-chimera-others-96900\/\" style=\"\">two thirds of its position<\/a><\/span><span style=\"font-weight:400;\"> in a series of block transactions on the EGX on Monday.<\/span><\/li>\n<li><span style=\"font-weight:700\">We could host Africa\u2019s largest data center complex:<\/span><span> El Sewedy Capital\u2019s subsidiary, El Sewedy Data Centers, and Emirati firm Gulf Data Hub plan to invest USD 2.1 bn to build <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/02\/15\/we-could-host-africas-largest-data-center-complex-96901\/\" style=\"\">three data center complexes<\/a><\/span><span style=\"font-weight:400;\"> here.<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>     <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">? CIRCLE YOUR CALENDAR-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/www.facebook.com\/events\/zawya\/%D9%85%D9%87%D8%B1%D8%AC%D8%A7%D9%86-%D9%86%D8%AC%D9%8A%D8%A8-%D9%85%D8%AD%D9%81%D9%88%D8%B8-naguib-mahfouz-festival\/1072238947501151\/\" style=\"\">Naguib Mahfouz Festival<\/a><\/span><span style=\"font-weight:700\"> kicks off <\/span><span style=\"font-weight:700\">today<\/span><span style=\"font-weight:400;\"> at Zawya Cinema in downtown.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/collardtickets.com\/event\/cairo-photo-week-2023\/\" style=\"\">Cairo Photo Week<\/a><\/span><span style=\"font-weight:700\"> is still running<\/span><span style=\"font-weight:400;\"> through this Saturday, 18 February.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Want to become a private equity expert in three days? <\/span><span style=\"\">The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.epea-eg.org\/old\/\" style=\"\">Egyptian Private Equity<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.epea-eg.org\/old\/\" style=\"\">Association<\/a><\/span><span> (EPEA) and the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.avca-africa.org\/\" style=\"\">African Private Equity and Venture Capital Association<\/a><\/span><span style=\"font-weight:400;\"> (AVCA) are hosting a three-day intensive private capital funds masterclass at the Ernst & Young office at Cairo Festival City. The masterclass kicks off on Friday 24 February. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Interested? <\/span><span style=\"\">You can attend the masterclass for EGP 18k or EGP 12k for EPEA and AVCA<\/span><span> members. Register to attend <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/docs.google.com\/forms\/d\/1iYivssFtQjVqpPfDWA4BWoObj2ieetfIDHHY5vhdGoI\/viewform?edit_requested=true\" style=\"\">here<\/a><\/span><span> a<\/span><span>nd take a look at the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2023\/02\/Private-Capital-Funds-Masterclass-Agenda-Booklet-Cairo-24-26-February.pdf\" style=\"\">agenda here (pdf)<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Find our regular business calendar<\/span><span>, which includes a comprehensive listing of upcoming news events and news triggers, in EnterpriseAM and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/issues\/2023\/02\/09\/am-privatization-program-2-0-govt-to-sell-stakes-in-32-companies-by-1q-2024\/#calendar\" style=\"\">on the web.<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">\u2600\ufe0f <\/span><span style=\"font-weight:700\">TOMORROW\u2019S WEATHER- <\/span><span style=\"\">The mercury is going to rise ever so slightly during the day, but<\/span><span> we\u2019re getting a colder night. Our favorite weather app is forecasting a daytime high of 18<\/span><span style=\"font-weight:400;\">\u00b0C and nighttime low of 8\u00b0C. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, wonderful people. It\u2019s a busy Wednesday afternoon, with a pipeline of news to keep you busy as we count down to the weekend. THE BIG STORY TODAY Adnoc Distribution now owns half of one of Egypt\u2019s largest fuel retailers: Adnoc Distribution, the distribution arm of UAE\u2019s state oil companyAbu Dhabi National Oil Company, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":583260,"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":[7213],"tags":[6698,633,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-583259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-adnoc-distribution","tag-enterprisepm","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"c66c9552-bb4d-470a-be0b-2342582bdca1","order":"0","is_powered_by":false,"story_type":"4","photo_url":"http:\/\/enterprise.press\/wp-content\/uploads\/2021\/08\/agreement-1600px-e1633354302226.jpg","photo_position":"below","homepage_title":"","full_issue_title":"Adnoc now owns half of TotalEnergies + Sturgeon is out","related_issue":[583257],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/3\/.919c9c87-9ec4-4aac-9a92-aeb26ea859d3.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>THIS EVENING: Adnoc now owns half of TotalEnergies + Sturgeon is out - 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\/2023\/02\/15\/this-evening-adnoc-now-owns-half-of-totalenergies-sturgeon-is-out\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS EVENING: Adnoc now owns half of TotalEnergies + Sturgeon is out\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, wonderful people. It\u2019s a busy Wednesday afternoon, with a pipeline of news to keep you busy as we count down to the weekend. 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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\/2023\/02\/15\/this-evening-adnoc-now-owns-half-of-totalenergies-sturgeon-is-out\/","og_locale":"en_US","og_type":"article","og_title":"THIS EVENING: Adnoc now owns half of TotalEnergies + Sturgeon is out","og_description":"Good afternoon, wonderful people. It\u2019s a busy Wednesday afternoon, with a pipeline of news to keep you busy as we count down to the weekend. THE BIG STORY TODAY Adnoc Distribution now owns half of one of Egypt\u2019s largest fuel retailers: Adnoc Distribution, the distribution arm of UAE\u2019s state oil companyAbu Dhabi National Oil Company, [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/this-evening-adnoc-now-owns-half-of-totalenergies-sturgeon-is-out\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-02-15T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/internal\/wp-content\/uploads\/2021\/08\/agreement-1600px-e1633354302226.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/this-evening-adnoc-now-owns-half-of-totalenergies-sturgeon-is-out\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/this-evening-adnoc-now-owns-half-of-totalenergies-sturgeon-is-out\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"THIS EVENING: Adnoc now owns half of TotalEnergies + Sturgeon is out","datePublished":"2023-02-15T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/this-evening-adnoc-now-owns-half-of-totalenergies-sturgeon-is-out\/"},"wordCount":476,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/this-evening-adnoc-now-owns-half-of-totalenergies-sturgeon-is-out\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/internal\/wp-content\/uploads\/2021\/08\/agreement-1600px-e1633354302226.jpg?fit=%2C&ssl=1","keywords":["Adnoc Distribution","EnterprisePM","WHAT WE\u2019RE TRACKING TONIGHT"],"articleSection":["WHAT WE\u2019RE TRACKING TONIGHT"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/this-evening-adnoc-now-owns-half-of-totalenergies-sturgeon-is-out\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/this-evening-adnoc-now-owns-half-of-totalenergies-sturgeon-is-out\/","name":"THIS EVENING: Adnoc now owns half of TotalEnergies + Sturgeon is out - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/this-evening-adnoc-now-owns-half-of-totalenergies-sturgeon-is-out\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/this-evening-adnoc-now-owns-half-of-totalenergies-sturgeon-is-out\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/internal\/wp-content\/uploads\/2021\/08\/agreement-1600px-e1633354302226.jpg?fit=%2C&ssl=1","datePublished":"2023-02-15T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/this-evening-adnoc-now-owns-half-of-totalenergies-sturgeon-is-out\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/this-evening-adnoc-now-owns-half-of-totalenergies-sturgeon-is-out\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/this-evening-adnoc-now-owns-half-of-totalenergies-sturgeon-is-out\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/internal\/wp-content\/uploads\/2021\/08\/agreement-1600px-e1633354302226.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/internal\/wp-content\/uploads\/2021\/08\/agreement-1600px-e1633354302226.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/this-evening-adnoc-now-owns-half-of-totalenergies-sturgeon-is-out\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"THIS EVENING: Adnoc now owns half of TotalEnergies + Sturgeon is out"}]},{"@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":"https:\/\/i0.wp.com\/ent.news\/internal\/wp-content\/uploads\/2021\/08\/agreement-1600px-e1633354302226.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/internal\/wp-content\/uploads\/2021\/08\/agreement-1600px-e1633354302226.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/internal\/wp-content\/uploads\/2021\/08\/agreement-1600px-e1633354302226.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":581592,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/16\/adnoc-distribution-closes-acquisition-of-50-of-totalenergies-egypt\/","url_meta":{"origin":583259,"position":0},"title":"Adnoc Distribution closes acquisition of 50% of TotalEnergies Egypt","author":"enterpriseam admin","date":"16 February 2023","format":false,"excerpt":"The acquisition marks Adnoc\u2019s entry into the Egyptian fuel distribution market","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/ADNOC-1600-px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":666099,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/28\/adnoc-and-totalenergies-plan-marine-motor-oil-production-plant\/","url_meta":{"origin":583259,"position":1},"title":"Adnoc and TotalEnergies plan marine motor oil production plant","author":"enterpriseam admin","date":"28 May 2025","format":false,"excerpt":"Good afternoon, friends, and welcome to the almost-weekend. Like us, both the news cycle and the weather seem to be winding down in anticipation.THE BIG STORY TODAY- Adnoc Distribution is planning to produce marine motor oil in Egypt in partnership with TotalEnergies by 4Q this year, lubricants, base oils, and\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1988.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":622379,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/05\/adnoc-distribution-to-manufacture-motor-oil-in-egypt-before-the-end-of-2024\/","url_meta":{"origin":583259,"position":2},"title":"Adnoc Distribution to manufacture motor oil in Egypt before the end of 2024","author":"enterpriseam admin","date":"5 June 2024","format":false,"excerpt":"The company is also looking into obtaining a license to establish charging stations for EVs","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/402.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":615977,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/27\/adnoc-distribution-doubles-down-on-egypt-saudi-arabia-expansions\/","url_meta":{"origin":583259,"position":3},"title":"Adnoc Distribution doubles down on Egypt, Saudi Arabia expansions","author":"enterpriseam admin","date":"27 February 2024","format":false,"excerpt":"The company plans to roll out more services at its filling stations and further expand into new cities, the company\u2019s CEO Bader Al Lamki told Enterprise","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2612.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548201,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/31\/adnoc-is-buying-50-of-filling-station-chain-totalenergies-egypt\/","url_meta":{"origin":583259,"position":4},"title":"Adnoc is buying 50% of filling station chain TotalEnergies Egypt","author":"enterpriseam admin","date":"31 July 2022","format":false,"excerpt":"Adnoc is entering Egypt\u2019s fuel retail space: The distribution arm of Abu Dhabi National Oil Company (Adnoc) has agreed to acquire 50% of TotalEnergies Egypt, according to a pressrelease(pdf) Thursday. Adnoc Distribution could pay up to USD 203 mn for the shares, which the company said would be the largest\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/315.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548237,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/01\/b-investments-has-a-month-to-pre-empt-adnocs-play-for-half-of-totalenergies-egypt\/","url_meta":{"origin":583259,"position":5},"title":"B investments has a month to pre-empt Adnoc\u2019s play for half of TotalEnergies Egypt","author":"enterpriseam admin","date":"1 August 2022","format":false,"excerpt":"Could B Investments pre-empt Adnoc\u2019s bid for TotalEnergies Egypt? Private equity outfit B Investments is \u201cevaluating all options\u201d after Adnoc Distribution agreed to buy 50% of TotalEnergies Egypt last week, B Investments IR head Omar El Labban told Enterprise.B Investments is the only minority shareholder in TotalEnergies Egypt: Under the\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/97.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\/583259","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=583259"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/583259\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/583257"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/583260"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=583259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=583259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=583259"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=583259"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=583259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}