{"id":597217,"date":"2019-07-18T04:21:41","date_gmt":"2019-07-18T04:21:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/egypt-kuwait-holdings-nsco-begins-gas-production-from-north-sinai-well\/"},"modified":"2019-07-18T04:21:41","modified_gmt":"2019-07-18T04:21:41","slug":"egypt-kuwait-holdings-nsco-begins-gas-production-from-north-sinai-well","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/egypt-kuwait-holdings-nsco-begins-gas-production-from-north-sinai-well\/","title":{"rendered":"Egypt Kuwait Holding\u2019s NSCO begins gas production from North Sinai well"},"content":{"rendered":"<p>Egypt Kuwait Holding\u2019s (EKH) NSCO Investments Limited started production from its first North Sinai natural gas well on 13 July with a capacity of 25 mcf\/d, the company said in a <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/232368_1.pdf\">bourse filing (pdf)<\/a>. EKH completed the drilling of its first North Sinai gas well at a cost of USD 15 mn, and expects revenues to exceed EGP 500 mn within two years. The company has also completed drilling its second well, which will begin production in 3Q2019. EKH had said it could invest <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/27\/ekh-studies-investing-usd-110-mn-in-north-sinai-gas-fields-this-year\/\">USD 110 mn in 2018<\/a> in developing five natural gas wells in North Sinai, including one in Camus gas field and another in the Tao field.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt Kuwait Holding\u2019s (EKH) NSCO Investments Limited started production from its first North Sinai natural gas well on 13 July with a capacity of 25 mcf\/d, the company said in a bourse filing (pdf). EKH completed the drilling of its first North Sinai gas well at a cost of USD 15 mn, and expects revenues [&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":[1668,93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597217","post","type-post","status-publish","format-standard","hentry","category-energy","tag-egypt-kuwait-holding","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"dbf5b362-24ea-4613-8788-591b00168cb0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[597188],"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>Egypt Kuwait Holding\u2019s NSCO begins gas production from North Sinai well - 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\/07\/18\/egypt-kuwait-holdings-nsco-begins-gas-production-from-north-sinai-well\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt Kuwait Holding\u2019s NSCO begins gas production from North Sinai well\" \/>\n<meta property=\"og:description\" content=\"Egypt Kuwait Holding\u2019s (EKH) NSCO Investments Limited started production from its first North Sinai natural gas well on 13 July with a capacity of 25 mcf\/d, the company said in a bourse filing (pdf). EKH completed the drilling of its first North Sinai gas well at a cost of USD 15 mn, and expects revenues [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/egypt-kuwait-holdings-nsco-begins-gas-production-from-north-sinai-well\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-18T04:21:41+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\/07\/18\/egypt-kuwait-holdings-nsco-begins-gas-production-from-north-sinai-well\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/egypt-kuwait-holdings-nsco-begins-gas-production-from-north-sinai-well\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt Kuwait Holding\u2019s NSCO begins gas production from North Sinai well\",\"datePublished\":\"2019-07-18T04:21:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/egypt-kuwait-holdings-nsco-begins-gas-production-from-north-sinai-well\/\"},\"wordCount\":118,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egypt Kuwait Holding\",\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/egypt-kuwait-holdings-nsco-begins-gas-production-from-north-sinai-well\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/egypt-kuwait-holdings-nsco-begins-gas-production-from-north-sinai-well\/\",\"name\":\"Egypt Kuwait Holding\u2019s NSCO begins gas production from North Sinai well - 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EKH completed the drilling of its first North Sinai gas well at a cost of USD 15 mn, and expects revenues [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/egypt-kuwait-holdings-nsco-begins-gas-production-from-north-sinai-well\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2019-07-18T04:21:41+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/egypt-kuwait-holdings-nsco-begins-gas-production-from-north-sinai-well\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/egypt-kuwait-holdings-nsco-begins-gas-production-from-north-sinai-well\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Egypt Kuwait Holding\u2019s NSCO begins gas production from North Sinai well","datePublished":"2019-07-18T04:21:41+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/egypt-kuwait-holdings-nsco-begins-gas-production-from-north-sinai-well\/"},"wordCount":118,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["Egypt Kuwait Holding","energy","EnterpriseAM"],"articleSection":["Energy"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/egypt-kuwait-holdings-nsco-begins-gas-production-from-north-sinai-well\/","url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/egypt-kuwait-holdings-nsco-begins-gas-production-from-north-sinai-well\/","name":"Egypt Kuwait Holding\u2019s NSCO begins gas production from North Sinai well - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2019-07-18T04:21:41+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/egypt-kuwait-holdings-nsco-begins-gas-production-from-north-sinai-well\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/egypt-kuwait-holdings-nsco-begins-gas-production-from-north-sinai-well\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/egypt-kuwait-holdings-nsco-begins-gas-production-from-north-sinai-well\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Egypt Kuwait Holding\u2019s NSCO begins gas production from North Sinai well"}]},{"@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":633096,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/27\/ekh-studies-investing-usd-110-mn-in-north-sinai-gas-fields-this-year\/","url_meta":{"origin":597217,"position":0},"title":"EKH studies investing USD 110 mn in North Sinai gas fields this year","author":"enterpriseam admin","date":"27 February 2018","format":false,"excerpt":"INVESTMENT WATCH- Our friends at Egyptian Kuwait Holdings (EKH) could invest USD 110 mn this year in developing five natural gas wells in North Sinai, the company said in a bourse statement (pdf). Four of the wells the company is studying this year will be in the Camus gas field,\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":594610,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypt-kuwait-holdings-nsco-begins-production-from-second-north-sinai-well\/","url_meta":{"origin":597217,"position":1},"title":"Egypt Kuwait Holding\u2019s NSCO begins production from second North Sinai well","author":"enterpriseam admin","date":"2 September 2019","format":false,"excerpt":"Egypt Kuwait Holding\u2019s (EKH) NSCO Investments started production from its second North Sinai natural gas well on 29 August with an output of 20 mcf\/d, the company said in a press release (pdf). The new well brings the company\u2019s total production to 75 mcf\/d, a 200% increase compared to the\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":632859,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/21\/ekh-expands-its-natural-gas-investments\/","url_meta":{"origin":597217,"position":2},"title":"EKH expands its natural gas investments","author":"enterpriseam admin","date":"21 February 2018","format":false,"excerpt":"INVESTMENT WATCH- EKH expands its natural gas holdings: Egyptian Kuwait Holding (EKH) announced that it has raised its stake in NSCO Investments Limited, which owns an offshore gas field in Northern Sinai, through a subsidiary. The EKH unit paid USD 20 mn to raise its stake in NSCO to 99.99%\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":558725,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/ekh-plans-five-year-usd-500-mn-investment-drive\/","url_meta":{"origin":597217,"position":3},"title":"EKH plans five year, USD 500 mn investment drive","author":"enterpriseam admin","date":"24 August 2021","format":false,"excerpt":"Egypt Kuwait Holding (EKH) plans to invest a total of USD 500 mn over the next five years. The investment company \u2014 which is dual-listed on the Egyptian and Kuwaiti stock exchanges \u2014 is looking to deploy USD 100 mn annually starting 2022 across at least six verticals, CEO Sherif\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/242.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":624494,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/ekh-subsidiary-kahraba-begins-egp-550-mn-expansion-of-borg-al-arab-power-station\/","url_meta":{"origin":597217,"position":4},"title":"EKH subsidiary Kahraba begins EGP 550 mn expansion of Borg Al Arab power station","author":"enterpriseam admin","date":"10 September 2018","format":false,"excerpt":"Egypt Kuwait Holding (EKH) subsidiary Kahraba has begun working on the EGP 550 mn expansion of its gas-powered Borg Al Arab power station, according to a company disclosure picked up by Al Mal. The expansion is expected to bring the station\u2019s production capacity to 115 MW, up from 75 MW\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":561114,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/ekh-to-invest-usd-300-mn-through-the-end-of-2022\/","url_meta":{"origin":597217,"position":5},"title":"EKH to invest USD 300 mn through the end of 2022","author":"enterpriseam admin","date":"25 March 2021","format":false,"excerpt":"EK Holding plans to invest USD 300 mn this year and next in new and existing projects and to purchase minority stakes in its subsidiaries, according to a regulatory disclosure (pdf). The investments include USD 80 mn for its medium-density fiberboard (MDF) factory in El Sadat, USD 75 mn for\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"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\/597217","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=597217"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/597217\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/597188"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=597217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=597217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=597217"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=597217"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=597217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}