{"id":595283,"date":"2019-09-22T04:20:36","date_gmt":"2019-09-22T04:20:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/22\/egas-to-sign-7-new-gas-exploration-agreements-with-intl-companies-in-4q2019\/"},"modified":"2019-09-22T04:20:36","modified_gmt":"2019-09-22T04:20:36","slug":"egas-to-sign-7-new-gas-exploration-agreements-with-intl-companies-in-4q2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/22\/egas-to-sign-7-new-gas-exploration-agreements-with-intl-companies-in-4q2019\/","title":{"rendered":"EGAS to sign 7 new gas exploration agreements with int\u2019l companies in 4Q2019"},"content":{"rendered":"<p>State-owned EGAS expects to sign seven new gas exploration agreements with international companies worth at least USD 712 mn during 4Q2019, Chairman Osama El Bakly said, according to <a href=\"https:\/\/ent.news\/2019\/9\/2010.pdf\">a ministry statement (pdf)<\/a>. Companies will drill 23 exploratory wells under the terms of the agreement, he said, without naming the concessions or companies involved. El Bakly also said that Egypt\u2019s natural gas production hit a record 7.2 bcf\/d in September, <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/03\/natural-gas-production-increases-to-7-bcf-d\/\">up from 7 bcf\/d at the end of June<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned EGAS expects to sign seven new gas exploration agreements with international companies worth at least USD 712 mn during 4Q2019, Chairman Osama El Bakly said, according to a ministry statement (pdf). Companies will drill 23 exploratory wells under the terms of the agreement, he said, without naming the concessions or companies involved. El Bakly [&hellip;]<\/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":[7135,93,72,91],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595283","post","type-post","status-publish","format-standard","hentry","category-energy","tag-egas","tag-energy","tag-enterpriseam","tag-oil-and-gas","wpautop","entry"],"acf":{"mongo_id":"1ccdd6e1-e555-4ae3-bb4c-e61af483227f","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[595260],"teaser":"","voice_url":""},"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>EGAS to sign 7 new gas exploration agreements with int\u2019l companies in 4Q2019 - 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\/09\/22\/egas-to-sign-7-new-gas-exploration-agreements-with-intl-companies-in-4q2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EGAS to sign 7 new gas exploration agreements with int\u2019l companies in 4Q2019\" \/>\n<meta property=\"og:description\" content=\"State-owned EGAS expects to sign seven new gas exploration agreements with international companies worth at least USD 712 mn during 4Q2019, Chairman Osama El Bakly said, according to a ministry statement (pdf). Companies will drill 23 exploratory wells under the terms of the agreement, he said, without naming the concessions or companies involved. El Bakly [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/22\/egas-to-sign-7-new-gas-exploration-agreements-with-intl-companies-in-4q2019\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-22T04:20:36+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\/2019\/09\/22\/egas-to-sign-7-new-gas-exploration-agreements-with-intl-companies-in-4q2019\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/22\/egas-to-sign-7-new-gas-exploration-agreements-with-intl-companies-in-4q2019\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EGAS to sign 7 new gas exploration agreements with int\u2019l companies in 4Q2019\",\"datePublished\":\"2019-09-22T04:20:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/22\/egas-to-sign-7-new-gas-exploration-agreements-with-intl-companies-in-4q2019\/\"},\"wordCount\":90,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EGAS\",\"energy\",\"EnterpriseAM\",\"oil and gas\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/22\/egas-to-sign-7-new-gas-exploration-agreements-with-intl-companies-in-4q2019\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/22\/egas-to-sign-7-new-gas-exploration-agreements-with-intl-companies-in-4q2019\/\",\"name\":\"EGAS to sign 7 new gas exploration agreements with int\u2019l companies in 4Q2019 - 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The state gas company expects to sign seven new agreements worth USD 690 mn in the coming fiscal year,\u2026","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592080,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/egas-to-increase-gas-production-by-3-2-bcf-d-by-mid-2022\/","url_meta":{"origin":595283,"position":1},"title":"EGAS to increase gas production by 3.2 bcf\/d by mid 2022","author":"enterpriseam admin","date":"25 December 2019","format":false,"excerpt":"EGAS aims to increase Egypt\u2019s natural gas production by 3.2 bcf\/d by mid-2022 to offset natural production decline and maintain total output at 7.5 bcf\/d, an EGAS official told the local press. Egypt\u2019s current production of natgas amounts to 7 bcf\/day and is projected to rise to 7.5 bcf\/d by\u2026","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568901,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/06\/egas-scraps-plan-to-increase-domestic-natgas-production-to-8-bcf-this-fiscal-year\/","url_meta":{"origin":595283,"position":2},"title":"EGAS scraps plan to increase domestic natgas production to 8 bcf this fiscal year","author":"enterpriseam admin","date":"6 February 2020","format":false,"excerpt":"EGAS\u2019 plan to increase domestic production of natural gas to 8 bcf\/d in FY2019\/2020 has been hindered by the global decline in the price of natural gas and the abundant supply for local consumption, sources from EGAS told Al Mal. The sources said that the inability to implement the plan\u2026","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632253,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/egas-to-issue-natural-gas-exploration-tender-in-11-blocks-before-june\/","url_meta":{"origin":595283,"position":3},"title":"EGAS to issue natural gas exploration tender in 11 blocks before June","author":"enterpriseam admin","date":"6 February 2018","format":false,"excerpt":"The Egyptian Natural Gas Holding Company (EGAS) is planning on issuing natural gas exploration tenders in 11 offshore and onshore blocks before June, an unnamed EGAS source tells Al Shorouk. EGAS Chairman Osama El Bakly had previously announced the company\u2019s plans to have a bid round for oil and gas\u2026","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":605145,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/egas-to-connect-1-5-bcf-d-of-natural-gas-to-national-grid-in-2019\/","url_meta":{"origin":595283,"position":4},"title":"EGAS to connect 1.5 bcf\/d of natural gas to national grid in 2019","author":"enterpriseam admin","date":"23 December 2018","format":false,"excerpt":"EGAS is reportedly expecting to connect 1.5 bcf\/d of natural gas to the national grid with the completion of the Zohr, North Alexandria and 9B in Burullus fields in 2019, according to an unnamed company source. EGAS aims to increase Egypt\u2019s total local production to 7 bcf\/d by the end\u2026","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634816,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/24\/egas-to-issue-bid-round-in-1h2018\/","url_meta":{"origin":595283,"position":5},"title":"EGAS to issue bid round in 1H2018","author":"enterpriseam admin","date":"24 January 2018","format":false,"excerpt":"EGAS is planning on having a bid round for oil and gas exploration in east Mediterranean and onshore Delta blocks in 1H2018, Chairman Osama El Bakly said, according to Al Masry Al Youm. 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