{"id":592079,"date":"2019-12-25T04:24:28","date_gmt":"2019-12-25T04:24:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/russian-zarubezhneft-joins-two-offshore-oil-blocks-in-egypt\/"},"modified":"2019-12-25T04:24:28","modified_gmt":"2019-12-25T04:24:28","slug":"russian-zarubezhneft-joins-two-offshore-oil-blocks-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/russian-zarubezhneft-joins-two-offshore-oil-blocks-in-egypt\/","title":{"rendered":"Russian Zarubezhneft joins two offshore oil blocks in Egypt"},"content":{"rendered":"

Russian state-owned energy company Zarubezhneft has joined two offshore oil concessions in Egypt under a production-sharing agreement, Reuters\u2019 Arabic service reports<\/a>, without disclosing the value of the agreement or the other party. The report indicates that one of the blocks is in southeast Ras El Ush and the other is East of Gabal El Zeit with combined resources estimated at 200 mn barrels. During the Russia-Africa summit in October, Zarubezhneft said it will sign two agreements<\/a> with Pacific Oil and South Valley Egyptian Petroleum Holding Company (Ganope), which had just been licensed for oil E&P operations in Ras El Ush in November<\/a>. Zarubezhneft also plans to drill two exploration wells in the two blocks.<\/p>\n","protected":false},"excerpt":{"rendered":"

Russian state-owned energy company Zarubezhneft has joined two offshore oil concessions in Egypt under a production-sharing agreement, Reuters\u2019 Arabic service reports, without disclosing the value of the agreement or the other party. The report indicates that one of the blocks is in southeast Ras El Ush and the other is East of Gabal El Zeit […]<\/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":[7098,93,72,3603,270],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-592079","post","type-post","status-publish","format-standard","hentry","category-energy","tag-africa","tag-energy","tag-enterpriseam","tag-ganope","tag-russia","wpautop","entry"],"acf":{"mongo_id":"07ecdc49-7c46-4348-955c-2aca6b21a8bc","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[592056],"teaser":"","voice_url":""},"yoast_head":"\nRussian Zarubezhneft joins two offshore oil blocks in Egypt - 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\/2019\/12\/25\/russian-zarubezhneft-joins-two-offshore-oil-blocks-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Russian Zarubezhneft joins two offshore oil blocks in Egypt\" \/>\n<meta property=\"og:description\" content=\"Russian state-owned energy company Zarubezhneft has joined two offshore oil concessions in Egypt under a production-sharing agreement, Reuters\u2019 Arabic service reports, without disclosing the value of the agreement or the other party. The report indicates that one of the blocks is in southeast Ras El Ush and the other is East of Gabal El Zeit […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/russian-zarubezhneft-joins-two-offshore-oil-blocks-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-25T04:24:28+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\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\/2019\/12\/25\/russian-zarubezhneft-joins-two-offshore-oil-blocks-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/russian-zarubezhneft-joins-two-offshore-oil-blocks-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Russian Zarubezhneft joins two offshore oil blocks in Egypt\",\"datePublished\":\"2019-12-25T04:24:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/russian-zarubezhneft-joins-two-offshore-oil-blocks-in-egypt\/\"},\"wordCount\":123,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Africa\",\"energy\",\"EnterpriseAM\",\"Ganope\",\"Russia\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/russian-zarubezhneft-joins-two-offshore-oil-blocks-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/russian-zarubezhneft-joins-two-offshore-oil-blocks-in-egypt\/\",\"name\":\"Russian Zarubezhneft joins two offshore oil blocks in Egypt - 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Most of the licenses awarded were for oil concessions: Neptune Energy got the go ahead for exploration and production in the Gulf of Suez, Shell received a license for three areas in the Western\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":592108,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/26\/egypt-signs-usd-155-worth-of-oil-and-gas-agreements\/","url_meta":{"origin":592079,"position":1},"title":"Egypt signs USD 155-worth of oil and gas agreements","author":"enterpriseam admin","date":"26 December 2019","format":false,"excerpt":"Egypt signs USD 155 mn-worth of oil and gas agreements: The Egyptian General Petroleum Company (EGPC) and Ganope have signed four oil and gas exploration and production agreements that will see companies invest at least USD 155 mn to develop concessions in the Gulf of Suez, Nile Valley, 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\/2020\/2\/172.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":630392,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/19\/egas-ganope-sign-offshore-drilling-rig-purchase-agreement-with-toyota\/","url_meta":{"origin":592079,"position":2},"title":"EGAS, GANOPE sign offshore drilling rig purchase agreement with Toyota","author":"enterpriseam admin","date":"19 April 2018","format":false,"excerpt":"A string of news from the petroleum industry is worthy of your attention this morning, all stemming from the 9th Mediterranean Offshore Conference, which saw a number of IOCs on Tuesday \u2014 including Shell, Eni, and Edison \u2014 make commitments to expand and expedite their activities in Egypt: EGAS and\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":634871,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/ganope-completes-seismic-mapping-for-4200-km-in-red-sea\/","url_meta":{"origin":592079,"position":3},"title":"GANOPE completes seismic mapping for 4,200 km in Red Sea","author":"enterpriseam admin","date":"28 January 2018","format":false,"excerpt":"GANOPE has completed seismic mapping for 4,200 km in the Red Sea in preparations to issue blocks there for a bid round, Chairman Mahmoud El Shimy said, according to Al Masry Al Youm. 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