{"id":632469,"date":"2018-02-12T04:14:49","date_gmt":"2018-02-12T04:14:49","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/dea-to-invest-nearly-usd-500-mn-over-the-next-three-years-in-egypts-oilfields\/"},"modified":"2018-02-12T04:14:49","modified_gmt":"2018-02-12T04:14:49","slug":"dea-to-invest-nearly-usd-500-mn-over-the-next-three-years-in-egypts-oilfields","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/dea-to-invest-nearly-usd-500-mn-over-the-next-three-years-in-egypts-oilfields\/","title":{"rendered":"DEA to invest nearly USD 500 mn over the next three years in Egypt\u2019s oilfields"},"content":{"rendered":"

INVESTMENT WATCH- German energy group DEA plans to invest nearly USD 500 mn in developing its oilfields in Egypt<\/strong> over the next three years, CEO Maria Moraeus Hanssen told journalists in Cairo on Saturday. \u201cWe intend to pump around USD 500 mn over the next three years in Egypt to develop the West Delta, Desouk and the Gulf of Suez fields,\u201d she added, according to Reuters<\/a>. DEA is a partner of BP in the West Nile Delta gas fields.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- German energy group DEA plans to invest nearly USD 500 mn in developing its oilfields in Egypt over the next three years, CEO Maria Moraeus Hanssen told journalists in Cairo on Saturday. \u201cWe intend to pump around USD 500 mn over the next three years in Egypt to develop the West Delta, Desouk […]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-632469","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"9e47b636-6511-4741-9e71-4bf52a1e86fe","order":"0","is_powered_by":true,"section_story_id":"8097541d-6bc4-4efd-b065-ad770fff1b69","story_type":"1","photo_url":"","photo_position":"above","related_issue":[632458],"teaser":"","voice_url":""},"yoast_head":"\nDEA to invest nearly USD 500 mn over the next three years in Egypt\u2019s oilfields - 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\/2018\/02\/12\/dea-to-invest-nearly-usd-500-mn-over-the-next-three-years-in-egypts-oilfields\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DEA to invest nearly USD 500 mn over the next three years in Egypt\u2019s oilfields\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- German energy group DEA plans to invest nearly USD 500 mn in developing its oilfields in Egypt over the next three years, CEO Maria Moraeus Hanssen told journalists in Cairo on Saturday. \u201cWe intend to pump around USD 500 mn over the next three years in Egypt to develop the West Delta, Desouk […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/dea-to-invest-nearly-usd-500-mn-over-the-next-three-years-in-egypts-oilfields\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-12T04:14:49+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\/2018\/02\/12\/dea-to-invest-nearly-usd-500-mn-over-the-next-three-years-in-egypts-oilfields\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/dea-to-invest-nearly-usd-500-mn-over-the-next-three-years-in-egypts-oilfields\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"DEA to invest nearly USD 500 mn over the next three years in Egypt\u2019s oilfields\",\"datePublished\":\"2018-02-12T04:14:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/dea-to-invest-nearly-usd-500-mn-over-the-next-three-years-in-egypts-oilfields\/\"},\"wordCount\":92,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/dea-to-invest-nearly-usd-500-mn-over-the-next-three-years-in-egypts-oilfields\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/dea-to-invest-nearly-usd-500-mn-over-the-next-three-years-in-egypts-oilfields\/\",\"name\":\"DEA to invest nearly USD 500 mn over the next three years in Egypt\u2019s oilfields - 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Newly merged Wintershall DEA plans to increase production from its Desouk field to\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\/2019\/7\/2075.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597772,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/05\/germanys-dea-and-wintershall-complete-merger-big-plans-to-egypt-oil-and-gas\/","url_meta":{"origin":632469,"position":1},"title":"Germany\u2019s DEA and Wintershall complete merger, big plans to Egypt oil and gas","author":"enterpriseam admin","date":"5 May 2019","format":false,"excerpt":"M&A WATCH- Germany\u2019s DEA and Wintershall become DEA Wintershall with big plans for Egypt oil and gas assets: Germany-based oil and gas majors Wintershall and DEA have completed their multi-bn merger, the new entity, Wintershall DEA, said in a press release. DEA owner LetterOne (the investment arm of Russian bn\u2019aire\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":596886,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/egypt-talks-investment-options-with-germanys-wintershall-dea\/","url_meta":{"origin":632469,"position":2},"title":"Egypt talks investment options with Germany\u2019s Wintershall DEA","author":"enterpriseam admin","date":"10 July 2019","format":false,"excerpt":"The Oil Ministry met with a delegation from Germany\u2019s Wintershall DEA yesterday to explore investment options, according to a ministry statement. The two sides also discussed an agreement they signed in March for DEA to extend its ownership of the Ras Budran and Zeit Bay oil fields in the Gulf\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":601770,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/10\/dea-signs-red-sea-concession-extension-agreement-with-egpc\/","url_meta":{"origin":632469,"position":3},"title":"DEA signs Red Sea concession extension agreement with EGPC","author":"enterpriseam admin","date":"10 March 2019","format":false,"excerpt":"German energy company DEA signed a five-year extension agreement with the Egyptian General Petroleum Corporation (EGPC) for its concessions in the Ras Budran and Zeit Bay oil fields, the company said in a statement. The agreement also includes an option to further extend DEA\u2019s concessions until 2027. DEA will invest\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":593337,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/25\/coca-cola-egypt-is-planning-to-invest-usd-500-mn-over-three-years\/","url_meta":{"origin":632469,"position":4},"title":"Coca-Cola Egypt is planning to invest USD 500 mn over three years","author":"enterpriseam admin","date":"25 November 2019","format":false,"excerpt":"INVESTMENT WATCH- Coca-Cola Egypt is planning to invest USD 500 mn over the next three years, General Manager Ahmed Rady said in a video published on the Investment Ministry\u2019s Facebook page (watch, runtime: 1:28). 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