{"id":633096,"date":"2018-02-27T04:40:06","date_gmt":"2018-02-27T04:40:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/27\/ekh-studies-investing-usd-110-mn-in-north-sinai-gas-fields-this-year\/"},"modified":"2018-02-27T04:40:06","modified_gmt":"2018-02-27T04:40:06","slug":"ekh-studies-investing-usd-110-mn-in-north-sinai-gas-fields-this-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/27\/ekh-studies-investing-usd-110-mn-in-north-sinai-gas-fields-this-year\/","title":{"rendered":"EKH studies investing USD 110 mn in North Sinai gas fields this year"},"content":{"rendered":"

<\/a> 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<\/strong>, the company said in a bourse statement (pdf)<\/a>. Four of the wells the company is studying this year will be in the Camus gas field, and one in the Tao field, the company added. The investment will be through subsidiary NSCO Investments Limited, in which EKH acquired a 99.99% stake last week<\/a>. The company announced that NSCO had completed development of two wells in the Tao field recently.<\/p>\n","protected":false},"excerpt":{"rendered":"

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, and one in the Tao […]<\/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-633096","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3b438fea-63bf-45e9-a042-5a11cf13a1d7","order":"0","is_powered_by":true,"section_story_id":"7622cbce-f8a7-49cb-8e0b-b6440028331a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[633087],"teaser":"","voice_url":""},"yoast_head":"\nEKH studies investing USD 110 mn in North Sinai gas fields this year - 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\/27\/ekh-studies-investing-usd-110-mn-in-north-sinai-gas-fields-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EKH studies investing USD 110 mn in North Sinai gas fields this year\" \/>\n<meta property=\"og:description\" content=\"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, and one in the Tao […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/27\/ekh-studies-investing-usd-110-mn-in-north-sinai-gas-fields-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-27T04:40:06+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\/27\/ekh-studies-investing-usd-110-mn-in-north-sinai-gas-fields-this-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/27\/ekh-studies-investing-usd-110-mn-in-north-sinai-gas-fields-this-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EKH studies investing USD 110 mn in North Sinai gas fields this year\",\"datePublished\":\"2018-02-27T04:40:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/27\/ekh-studies-investing-usd-110-mn-in-north-sinai-gas-fields-this-year\/\"},\"wordCount\":103,\"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\/27\/ekh-studies-investing-usd-110-mn-in-north-sinai-gas-fields-this-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/27\/ekh-studies-investing-usd-110-mn-in-north-sinai-gas-fields-this-year\/\",\"name\":\"EKH studies investing USD 110 mn in North Sinai gas fields this year - 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EKH completed the drilling of its first North Sinai gas well at a cost of USD\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":558725,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/ekh-plans-five-year-usd-500-mn-investment-drive\/","url_meta":{"origin":633096,"position":1},"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 "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\/2021\/8\/242.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":632859,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/21\/ekh-expands-its-natural-gas-investments\/","url_meta":{"origin":633096,"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 "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":581812,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/26\/ekh-to-invest-usd-170-mn-in-egypt-this-year-reports-record-sales-in-2022\/","url_meta":{"origin":633096,"position":3},"title":"EKH to invest USD 170 mn in Egypt this year + reports record sales in 2022","author":"enterpriseam admin","date":"26 February 2023","format":false,"excerpt":"More than half of the amount will be allocated to capital expenditure","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\/2\/EKH-2.25.23-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","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":633096,"position":4},"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 "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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":639027,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/","url_meta":{"origin":633096,"position":5},"title":"EKH disavows Tri-Ocean Energy amid reports of a \u201cUSD 1 bn embezzlement\u201d allegation","author":"enterpriseam admin","date":"19 October 2017","format":false,"excerpt":"EKH disavows Tri-Ocean Energy amid reports of a \u201cUSD 1 bn embezzlement& allegation: Egypt Kuwait Holding (EKH) has had to issue a statement to the EGX explaining that Tri-Ocean Energy has not been a subsidiary of the company since 25 February 2016, Al Mal reports. 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