{"id":636034,"date":"2017-12-19T04:03:56","date_gmt":"2017-12-19T04:03:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/maersk-sells-its-50-stake-in-egyptian-drilling-company-to-egpc\/"},"modified":"2017-12-19T04:03:56","modified_gmt":"2017-12-19T04:03:56","slug":"maersk-sells-its-50-stake-in-egyptian-drilling-company-to-egpc","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/maersk-sells-its-50-stake-in-egyptian-drilling-company-to-egpc\/","title":{"rendered":"Maersk sells its 50% stake in Egyptian Drilling Company to EGPC"},"content":{"rendered":"

Maersk Drilling agreed to sell its 50% stake in Egyptian Drilling Company to the EGPC for USD 100 mn, Reuters reports<\/a>. The cash transaction leaves the EGPC as the sole shareholder of Egyptian Drilling Company.<\/p>\n","protected":false},"excerpt":{"rendered":"

Maersk Drilling agreed to sell its 50% stake in Egyptian Drilling Company to the EGPC for USD 100 mn, Reuters reports. The cash transaction leaves the EGPC as the sole shareholder of Egyptian Drilling Company.<\/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":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-636034","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"8d2ebe45-2699-4d2b-91cc-05a31ed4a425","order":"0","is_powered_by":true,"section_story_id":"c0a9c22c-494b-4f2f-9010-787dd2a34124","story_type":"1","photo_url":"","photo_position":"above","related_issue":[636003],"teaser":"","voice_url":""},"yoast_head":"\nMaersk sells its 50% stake in Egyptian Drilling Company to EGPC - 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\/2017\/12\/19\/maersk-sells-its-50-stake-in-egyptian-drilling-company-to-egpc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Maersk sells its 50% stake in Egyptian Drilling Company to EGPC\" \/>\n<meta property=\"og:description\" content=\"Maersk Drilling agreed to sell its 50% stake in Egyptian Drilling Company to the EGPC for USD 100 mn, Reuters reports. The cash transaction leaves the EGPC as the sole shareholder of Egyptian Drilling Company.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/maersk-sells-its-50-stake-in-egyptian-drilling-company-to-egpc\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-19T04:03:56+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\/2017\/12\/19\/maersk-sells-its-50-stake-in-egyptian-drilling-company-to-egpc\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/maersk-sells-its-50-stake-in-egyptian-drilling-company-to-egpc\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Maersk sells its 50% stake in Egyptian Drilling Company to EGPC\",\"datePublished\":\"2017-12-19T04:03:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/maersk-sells-its-50-stake-in-egyptian-drilling-company-to-egpc\/\"},\"wordCount\":43,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/maersk-sells-its-50-stake-in-egyptian-drilling-company-to-egpc\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/maersk-sells-its-50-stake-in-egyptian-drilling-company-to-egpc\/\",\"name\":\"Maersk sells its 50% stake in Egyptian Drilling Company to EGPC - 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EGPC bought the stake for cash consideration of USD 100 mn to become the company\u2019s\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":569163,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/16\/egypt-inks-its-first-westmed-oil-gas-exploration-agreements-as-egyps-wraps-up\/","url_meta":{"origin":636034,"position":2},"title":"Egypt inks its first WestMed oil, gas exploration agreements as EGYPS wraps up","author":"enterpriseam admin","date":"16 February 2020","format":false,"excerpt":"Egypt inks its first WestMed oil, gas exploration agreements: The Oil Ministry signed yesterday MoUs with five international oil companies \u2014 Royal Dutch Shell, Chevron, BP, Total, and ExxonMobil \u2014 for deepwater oil and gas exploration and production off its western Mediterranean coast, Minister Tarek El Molla told Sky News\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":585473,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/19\/eni-to-drill-new-mediterranean-exploration-well-chevron-looks-to-ramp-up-east-med-exploration-reports\/","url_meta":{"origin":636034,"position":3},"title":"Eni to drill new Mediterranean exploration well + Chevron looks to ramp up East Med exploration -reports","author":"enterpriseam admin","date":"19 April 2023","format":false,"excerpt":"Eni and EGPC\u2019s Petrobel will drill the Orion X1 well at a USD 130 mn cost","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\/4\/747.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":625374,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/02\/bp-to-begin-drilling-its-first-gulf-of-suez-well-by-october\/","url_meta":{"origin":636034,"position":4},"title":"BP to begin drilling its first Gulf of Suez well by October","author":"enterpriseam admin","date":"2 August 2018","format":false,"excerpt":"BP is set to begin drilling its first well in a concession in the Gulf of Suez by October of this year, a company source said yesterday, Al Masry Al Youm reports. BP\u2019s JV with the Egyptian General Petroleum Corporation (EGPC), Gulf of Suez Petroleum Company, will be carrying out\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":585598,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/26\/egyptian-indian-firms-to-team-up-on-usd-80-mn-pharma-materials-plant\/","url_meta":{"origin":636034,"position":5},"title":"Egyptian, Indian firms to team up on USD 80 mn pharma materials plant","author":"enterpriseam admin","date":"26 April 2023","format":false,"excerpt":"Egyptian and Indian firms will spend USD 80 mn on a pharma materials plant","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\/2023\/4\/818.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\/636034","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=636034"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/636034\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/636003"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=636034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=636034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=636034"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=636034"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=636034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}