{"id":613427,"date":"2024-01-15T00:00:00","date_gmt":"2024-01-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/"},"modified":"2024-01-15T00:00:00","modified_gmt":"2024-01-15T00:00:00","slug":"chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/","title":{"rendered":"Chevron to start Nargis gas production in 2025. PLUS: Redcon + Compass, PaySky has big plans, New Administrative Capital construction"},"content":{"rendered":"

ENERGY-<\/p>\n

Chevron to kick off production in Nargis next year: <\/strong>US energy giant Chevron will startproducing gas from the offshore Nargis gas field during the first half of 2025, an unnamed government official told Asharq Business<\/a>. Chevron will initially produce some 600 mn cubic feet (cf) during the first phase of production, with output expected to ramp up to 1 bn cf within two years, the source added.<\/p>\n

ICYMI- Chevron will reportedly <\/strong>invest<\/strong>USD 3 bn<\/strong> over two years starting in 1H 2024 to develop the Nargis gas field, according to unconfirmed reports<\/a> from Asharq Business. The field holds an estimated 2.5 tn cf of gas<\/a>.<\/p>\n

REAL ESTATE- <\/p>\n

Bonyan expands portfolio: <\/strong>Bonyan Development<\/a> \u2014 a real estate developer acquired byCompass in 2018 \u2014 has bought an EGP 1 bn property from Redcon Properties, Compass Capital managing partner Tarek Abdel Rahman told Enterprise. The under-construction building in Redcon\u2019s Golden Gate project in the Fifth Settlement will span 6.8k sqm and be used for administrative and commercial work. Al Borsa<\/a> was the first to pick up on the story.<\/p>\n

FINTECH-<\/p>\n

PaySky wants to invest more + expand offering:<\/strong> Local e-payments firm PaySky<\/a> wants toinvest EGP 3 bn over the coming three years and hold an eight-figure financing round set to be announced within six months, founder and CEO Waleed Sadek told Al Borsa<\/a>. The Al Falaj Investment<\/a> - and TBN Investment-backed company wants to acquire a consumer finance license and set up a buy now, pay later online platform in partnership with a local financial institution during the first half of the year, Sadek added. PaySky is also in the market to obtain a digital banking license and wants to expand its product offering to include consumer financing and saving and investing tools via its Yalla Super App.<\/p>\n

CONSTRUCTION-<\/p>\n

New capital gets its first three administrative towers:<\/strong>China State Construction<\/a>Engineering Corporation<\/a> (CSCEC) along with Income Egypt<\/a> and other local partners have completed the construction of the first three administrative towers in the Central Business District (CBD) of the New Administrative Capital (NAC), according to a cabinet statement<\/a>. A total of 20 administrative, commercial, and residential towers are being built by CSCEC, including the 400-meter-tall Iconic Tower.<\/p>\n","protected":false},"excerpt":{"rendered":"

Chevron wants to ramp up production to 1 bn cf within two years<\/p>\n","protected":false},"author":1,"featured_media":613428,"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":[7209],"tags":[111,8298,780,998,93,72,183,875,91,8299,83,631],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-613427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-bonyan","tag-chevron","tag-compass-capital","tag-energy","tag-enterpriseam","tag-fintech","tag-new-administrative-capital","tag-oil-and-gas","tag-paysky","tag-real-estate","tag-yalla-super-app","wpautop","entry"],"acf":{"mongo_id":"2e5e8e38-c790-4c52-8397-24915e148e0b","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/1\/916.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Chevron to start Nargis gas production in 2025. PLUS: Redcon + Compass, PaySky has big plans, New Administrative Capital construction","related_issue":[613408],"teaser":"Chevron wants to ramp up production to 1 bn cf within two years","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.d4d5eaba-30c1-4996-88c0-a912bafc5b9d.mp3"},"yoast_head":"\nChevron to start Nargis gas production in 2025. PLUS: Redcon + Compass, PaySky has big plans, New Administrative Capital construction - 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\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chevron to start Nargis gas production in 2025. PLUS: Redcon + Compass, PaySky has big plans, New Administrative Capital construction\" \/>\n<meta property=\"og:description\" content=\"Chevron wants to ramp up production to 1 bn cf within two years\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-15T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/916.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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Chevron to start Nargis gas production in 2025. PLUS: Redcon + Compass, PaySky has big plans, New Administrative Capital construction\",\"datePublished\":\"2024-01-15T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/\"},\"wordCount\":371,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/916.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ALSO ON OUR RADAR\",\"bonyan\",\"Chevron\",\"Compass Capital\",\"energy\",\"EnterpriseAM\",\"Fintech\",\"new administrative capital\",\"oil and gas\",\"PaySky\",\"real estate\",\"Yalla Super App\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/\",\"name\":\"Chevron to start Nargis gas production in 2025. PLUS: Redcon + Compass, PaySky has big plans, New Administrative Capital construction - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/916.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-01-15T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/916.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/916.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Chevron to start Nargis gas production in 2025. PLUS: Redcon + Compass, PaySky has big plans, New Administrative Capital construction\"}]},{\"@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":"Chevron to start Nargis gas production in 2025. PLUS: Redcon + Compass, PaySky has big plans, New Administrative Capital construction - 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\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/","og_locale":"en_US","og_type":"article","og_title":"Chevron to start Nargis gas production in 2025. PLUS: Redcon + Compass, PaySky has big plans, New Administrative Capital construction","og_description":"Chevron wants to ramp up production to 1 bn cf within two years","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-01-15T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/916.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\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Chevron to start Nargis gas production in 2025. PLUS: Redcon + Compass, PaySky has big plans, New Administrative Capital construction","datePublished":"2024-01-15T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/"},"wordCount":371,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/916.jpg?fit=%2C&ssl=1","keywords":["ALSO ON OUR RADAR","bonyan","Chevron","Compass Capital","energy","EnterpriseAM","Fintech","new administrative capital","oil and gas","PaySky","real estate","Yalla Super App"],"articleSection":["Also on our Radar"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/","name":"Chevron to start Nargis gas production in 2025. PLUS: Redcon + Compass, PaySky has big plans, New Administrative Capital construction - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/916.jpg?fit=%2C&ssl=1","datePublished":"2024-01-15T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/916.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/916.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Chevron to start Nargis gas production in 2025. PLUS: Redcon + Compass, PaySky has big plans, New Administrative Capital construction"}]},{"@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\/2024\/1\/916.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/916.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\/2024\/1\/916.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"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":613427,"position":0},"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":606694,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/20\/chevron-to-invest-usd-3-bn-in-egypts-nargis-gas-field\/","url_meta":{"origin":613427,"position":1},"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":578826,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/16\/chevron-eni-announce-significant-eastmed-gas-find\/","url_meta":{"origin":613427,"position":2},"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":603781,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/dragon-oil-wants-a-piece-of-the-nargis-eastmed-concession\/","url_meta":{"origin":613427,"position":3},"title":"Dragon Oil wants a piece of the Nargis EastMed concession","author":"enterpriseam admin","date":"21 August 2023","format":false,"excerpt":"Dragon Oil could purchase a 20% stake in the field from the US energy giant","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/928.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":613381,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/14\/this-evening-local-currency-bond-issuance-in-brics-countries-could-be-coming-soon-plus-chevron-to-start-production-in-nargis-gas-field-next-year\/","url_meta":{"origin":613427,"position":4},"title":"THIS EVENING: Local currency bond issuance in BRICS countries could be coming soon. PLUS: Chevron to start production in Nargis gas field next year?","author":"enterpriseam admin","date":"14 January 2024","format":false,"excerpt":"Good afternoon, folks and welcome to the first full week of 2024. Our news cycle is picking up in what looks like a busy week. THE BIG STORIES TODAY #1- Local currency bond issuances in BRICS countries on the horizon:Egypt is aiming to issue bonds in the local currencies of\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","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\/2021\/12\/376.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":658921,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/19\/financing-negotiations-back-on-for-feerums-long-awaited-silo-factory-plus-kima-al-sharq-general-motors-chevron\/","url_meta":{"origin":613427,"position":5},"title":"Financing negotiations back on for Feerum\u2019s long-awaited silo factory. PLUS: Kima + Al Sharq, General Motors, Chevron","author":"enterpriseam admin","date":"19 January 2025","format":false,"excerpt":"The project now carries a revised price tag of EGP 2.5 bn, up from EGP 1.6 bn previously","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\/1\/1193.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\/613427","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=613427"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/613427\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/613408"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/613428"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=613427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=613427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=613427"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=613427"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=613427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}