{"id":603781,"date":"2023-08-21T00:00:00","date_gmt":"2023-08-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/"},"modified":"2023-08-21T00:00:00","modified_gmt":"2023-08-21T00:00:00","slug":"dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/","title":{"rendered":"Dragon Oil wants a piece of the Nargis EastMed concession"},"content":{"rendered":"

Dragon Oil wants in on Egypt\u2019s Nargis gas block: <\/strong>Emirates National Oil Company (ENOC) subsidiary Dragon Oil wants to purchase a stake of at least 20% in the Nargis offshore concession in the Eastern Mediterranean from Chevron, writes Asharq Business<\/a>, citing an anonymous government official. No information was given about the estimated value of the transaction or the timeline for its completion. This would be the Emirati company\u2019s first acquisition of an Egyptian gas asset.<\/p>\n

The current owners: <\/strong>Chevron and Italy\u2019s Eni each own a 45% stake in the concession, while state-owned Tharwa Petroleum holds the remaining 10%.<\/p>\n

Initial signs at Nargis <\/strong> are promising <\/strong> : <\/strong>Chevron and Eni last year announced a \u201csignificant\u201d gas discovery at the block, without disclosing how much gas is estimated to be in place. An unconfirmed media report put the estimated volume at 3.5 tn cubic feet<\/a>. <\/p>\n

Dragon Oil has more upstream expansion plans: <\/strong>The Emirati firm is expected to up it<\/a> s local<\/a> oil output by<\/a> 27%<\/a> to 70k barrels a day in October when it begins production at its North Safa oil field in the Gulf of Suez, the news outlet quoted a government official as saying earlier this month. Discovered last year, the field has confirmed reserves of around 170 mn barrels, making it one of the largest discoveries in the last two decades. Dragon Oil bought the field along with the rest of BP\u2019s oil assets<\/a> in the Gulf of Suez more than three years ago.<\/p>\n

Meanwhile, Chevron is expanding its gas exploration elsewhere: <\/strong>The company, together with Eni, ExxonMobil, Shell, and BP, will spend a combined USD 1.8 bn to drill 35 gas exploration wells in the Mediterranean and Nile Delta over the next two years, Oil Minister Tarek El Molla said in July<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Dragon Oil could purchase a 20% stake in the field from the US energy giant<\/p>\n","protected":false},"author":1,"featured_media":603782,"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":[7363],"tags":[780,925,197,72,7128,91,4904],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-603781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch","tag-chevron","tag-dragon-oil","tag-eni","tag-enterpriseam","tag-ma-watch","tag-oil-and-gas","tag-tharwa-petroleum-company","wpautop","entry"],"acf":{"mongo_id":"5f8e905a-378a-40ef-9236-7a48d2520b6b","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/8\/928.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Dragon Oil wants to purchase a stake in Egypt\u2019s Nargis offshore concession","related_issue":[603769],"teaser":"Dragon Oil could purchase a 20% stake in the field from the US energy giant","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/8\/.46f3e135-c0cf-4631-9d6b-661b60314458.mp3"},"yoast_head":"\nDragon Oil wants a piece of the Nargis EastMed concession - 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\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dragon Oil wants a piece of the Nargis EastMed concession\" \/>\n<meta property=\"og:description\" content=\"Dragon Oil could purchase a 20% stake in the field from the US energy giant\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-21T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/928.jpg?fit=%2C&ssl=1\" \/>\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\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Dragon Oil wants a piece of the Nargis EastMed concession\",\"datePublished\":\"2023-08-21T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/\"},\"wordCount\":299,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/928.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Chevron\",\"Dragon Oil\",\"Eni\",\"EnterpriseAM\",\"M&A Watch\",\"oil and gas\",\"Tharwa Petroleum Company\"],\"articleSection\":[\"M&A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/\",\"name\":\"Dragon Oil wants a piece of the Nargis EastMed concession - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/928.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-08-21T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/928.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/928.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Dragon Oil wants a piece of the Nargis EastMed concession\"}]},{\"@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":"Dragon Oil wants a piece of the Nargis EastMed concession - 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\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/","og_locale":"en_US","og_type":"article","og_title":"Dragon Oil wants a piece of the Nargis EastMed concession","og_description":"Dragon Oil could purchase a 20% stake in the field from the US energy giant","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-08-21T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/928.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":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Dragon Oil wants a piece of the Nargis EastMed concession","datePublished":"2023-08-21T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/"},"wordCount":299,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/928.jpg?fit=%2C&ssl=1","keywords":["Chevron","Dragon Oil","Eni","EnterpriseAM","M&A Watch","oil and gas","Tharwa Petroleum Company"],"articleSection":["M&A WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/","name":"Dragon Oil wants a piece of the Nargis EastMed concession - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/928.jpg?fit=%2C&ssl=1","datePublished":"2023-08-21T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/928.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/928.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Dragon Oil wants a piece of the Nargis EastMed concession"}]},{"@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\/2023\/8\/928.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/928.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\/2023\/8\/928.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":606694,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/20\/chevron-to-invest-usd-3-bn-in-egypts-nargis-gas-field\/","url_meta":{"origin":603781,"position":0},"title":"Chevron to invest USD 3 bn in Egypt\u2019s Nargis gas field","author":"enterpriseam admin","date":"20 September 2023","format":false,"excerpt":"Shell acquired the North East El Amriya block from ExxonMobil in 2022","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\/2023\/9\/1247.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":617115,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/17\/chevron-to-drill-first-nargis-2-gas-well-by-end-of-2024\/","url_meta":{"origin":603781,"position":1},"title":"Chevron to drill first Nargis 2 gas well by end of 2024","author":"enterpriseam admin","date":"17 March 2024","format":false,"excerpt":"Chevron will initially invest USD 60 mn in the drilling","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\/1\/916.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":685251,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/22\/fresh-capital-for-nargis-as-mubadala-deepens-egypt-play\/","url_meta":{"origin":603781,"position":2},"title":"Fresh capital for Nargis as Mubadala deepens Egypt play","author":"enterpriseam admin","date":"22 February 2026","format":false,"excerpt":"Plus: Arcius wagers USD 150 mn on Mediterranean exploration","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/2299.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578826,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/16\/chevron-eni-announce-significant-eastmed-gas-find\/","url_meta":{"origin":603781,"position":3},"title":"Chevron + Eni announce \u201csignificant\u201d EastMed gas find","author":"enterpriseam admin","date":"16 January 2023","format":false,"excerpt":"Chevron and Eni have made a \u201csignificant\u201d gas discovery in the Eastern Mediterranean, the companies announced in separate statements yesterday (here andhere, pdf). The discovery was made at their Nargis offshore block off the coast of North Sinai, in which each company holds a 45% interest, while state-owned Tharwa Petroleum\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\/2023\/1\/243.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":621594,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/uaes-mubadala-buys-20-interest-in-egypts-nour-concession\/","url_meta":{"origin":603781,"position":4},"title":"UAE\u2019s Mubadala buys 20% interest in Egypt\u2019s Nour concession","author":"enterpriseam admin","date":"13 November 2018","format":false,"excerpt":"M&A WATCH- UAE\u2019s Mubadala buys 20% interest in Egypt\u2019s Nour concession: The UAE\u2019s Mubadala Petroleum has agreed to buy a 20% participating interest in Egypt\u2019s Nour offshore concessionin North Sinai from Italy\u2019s Eni, Reuters reports. The value of the investment was not disclosed. Eni holds an 85% stake in 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":[]},{"id":661089,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/23\/egypts-gas-production-hits-eight-year-low-at-4-87-bcf-d\/","url_meta":{"origin":603781,"position":5},"title":"Egypt\u2019s gas production hits eight-year low at 4.87 bcf\/d","author":"enterpriseam admin","date":"23 February 2025","format":false,"excerpt":"This marks the third consecutive annual decline in local gas production","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\/2025\/2\/2095.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\/603781","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=603781"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/603781\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/603769"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/603782"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=603781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=603781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=603781"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=603781"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=603781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}