{"id":644656,"date":"2024-09-30T00:00:00","date_gmt":"2024-09-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/"},"modified":"2024-09-30T00:00:00","modified_gmt":"2024-09-30T00:00:00","slug":"new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/","title":{"rendered":"New energy incentives aim to boost domestic production and foreign investment"},"content":{"rendered":"

Fresh<\/strong> oil and gas incentive package aims to boost foreign investment in the sector: <\/strong>The government is currently in talks with foreign partners over a new set of incentives for the oil and gas industry that aim to boost oil and gas production and reduce the growing gap between energy supply and demand, a government source told Enterprise. <\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

The details: <\/strong>The measures include increasing production sharing ratios with foreign companies in exchange for new investments, enhancing exploration efforts, and increasing extraction rates. The move aims to push foreign partners to invest more and boost Egypt\u2019s oil and gas production.<\/p>\n

We saw this coming: <\/strong>We first heard that Oil Minister Karim Badawi would be meeting with foreign energy players about increasing local production back in late August<\/a>, with the ministry announcing<\/a> that it would be rolling out a new package of incentives to ramp up output days later.<\/p>\n

Remember: <\/strong>The government set aside USD 1.2 bn<\/a> for energy imports summer of 2024 to help fill a supply gap and put a temporary end to blackouts during the hottest months of the year. After becoming a net exporter of LNG in 2018<\/a> and signaling its intention to become an important energy exporter to the region and Europe, production falls and rising domestic demand led to Egypt having to ramp up imports to bridge the supply gap.<\/p>\n

Clearing a<\/strong>rrears to foreign oil and <\/strong>gas players <\/strong>plays a big role in boosting foreign investments in the sector. The government is adhering to its schedule for paying arrears to foreign companies \u2014 a process that has already seen the government pay up over USD 2.8 bn in arrears since the float of the EGP in March. Further payments are to follow, the source said.<\/p>\n

Where negotiations stand:<\/strong> The source noted that while each agreement will be considered on a case-by-case basis, players share a desire to boost foreign investments across the board. <\/p>\n

DATA POINT- <\/strong>The private sector accounts for around 84% of the total investments in the sector, while public investments cover the remaining 16%.<\/p>\n","protected":false},"excerpt":{"rendered":"

Incentives include increasing production sharing ratios with foreign companies in exchange for new investments<\/p>\n","protected":false},"author":1,"featured_media":644657,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[93,72,91,371],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-644656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-energy","tag-enterpriseam","tag-oil-and-gas","tag-oil-ministry","wpautop","entry"],"acf":{"mongo_id":"76e0292b-903e-44ce-a127-021c00848173","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/9\/2221.jpg","photo_position":"above","homepage_title":"","full_issue_title":"New energy incentives aim to boost domestic production and foreign investment","related_issue":[644649],"teaser":"Incentives include increasing production sharing ratios with foreign companies in exchange for new investments","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/9\/.1581c90d-320a-48e7-976a-c5b67db80ab1.mp3"},"yoast_head":"\nNew energy incentives aim to boost domestic production and foreign investment - 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\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New energy incentives aim to boost domestic production and foreign investment\" \/>\n<meta property=\"og:description\" content=\"Incentives include increasing production sharing ratios with foreign companies in exchange for new investments\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-30T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.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\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"New energy incentives aim to boost domestic production and foreign investment\",\"datePublished\":\"2024-09-30T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/\"},\"wordCount\":369,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?fit=%2C&ssl=1\",\"keywords\":[\"energy\",\"EnterpriseAM\",\"oil and gas\",\"Oil Ministry\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/\",\"name\":\"New energy incentives aim to boost domestic production and foreign investment - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-09-30T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New energy incentives aim to boost domestic production and foreign investment\"}]},{\"@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":"New energy incentives aim to boost domestic production and foreign investment - 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\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/","og_locale":"en_US","og_type":"article","og_title":"New energy incentives aim to boost domestic production and foreign investment","og_description":"Incentives include increasing production sharing ratios with foreign companies in exchange for new investments","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-09-30T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.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\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"New energy incentives aim to boost domestic production and foreign investment","datePublished":"2024-09-30T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/"},"wordCount":369,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?fit=%2C&ssl=1","keywords":["energy","EnterpriseAM","oil and gas","Oil Ministry"],"articleSection":["Energy"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/","name":"New energy incentives aim to boost domestic production and foreign investment - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?fit=%2C&ssl=1","datePublished":"2024-09-30T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"New energy incentives aim to boost domestic production and foreign investment"}]},{"@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\/9\/2221.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.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\/9\/2221.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":657228,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/17\/oil-ministry-wants-to-see-gas-production-rise-by-400-500-mn-cubic-feet-per-day-by-march\/","url_meta":{"origin":644656,"position":0},"title":"Oil Ministry wants to see gas production rise by 400-500 mn cubic feet per day by March","author":"enterpriseam admin","date":"17 December 2024","format":false,"excerpt":"Egypt currently produces 4.3 bn cubic feet per day","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\/11\/1190.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":654951,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/egypt-has-paid-78-of-its-arrears-to-foreign-oil-and-gas-companies-since-march\/","url_meta":{"origin":644656,"position":1},"title":"Egypt has paid 78% of its arrears to foreign oil and gas companies since March","author":"enterpriseam admin","date":"11 November 2024","format":false,"excerpt":"Clearing arrears is part of a larger plan to increase local production following a costly few months of energy imports","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\/11\/877.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":665722,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/22\/another-decision-to-sweeten-the-pot-for-foreign-energy-players\/","url_meta":{"origin":644656,"position":2},"title":"Another decision to sweeten the pot for foreign energy players","author":"enterpriseam admin","date":"22 May 2025","format":false,"excerpt":"Cabinet agreed to implement the R-Factor mechanism in specific oil agreements","rel":"","context":"In "Cabinet watch"","block_context":{"text":"Cabinet watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/cabinet-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1860.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":664735,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/06\/govt-increases-gas-purchase-price-for-foreign-partners-in-a-bid-to-boost-production\/","url_meta":{"origin":644656,"position":3},"title":"Gov\u2019t increases gas purchase price for foreign partners in a bid to boost production","author":"enterpriseam admin","date":"6 May 2025","format":false,"excerpt":"The price is forecasted to more than double to USD 4.25 per mn British thermal units","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\/5\/353.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":660732,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/17\/govt-set-to-pay-usd-1-bn-in-arrears-to-foreign-energy-firms-next-month\/","url_meta":{"origin":644656,"position":4},"title":"Gov\u2019t set to pay USD 1 bn in arrears to foreign energy firms next month","author":"enterpriseam admin","date":"17 February 2025","format":false,"excerpt":"The government plans to settle all its foreign energy dues by year-end","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\/1615.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":655109,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/13\/four-international-oil-and-gas-firms-secure-offshore-and-onshore-concessions-across-egypt\/","url_meta":{"origin":644656,"position":5},"title":"Four international oil and gas firms secure offshore and onshore concessions across Egypt","author":"enterpriseam admin","date":"13 November 2024","format":false,"excerpt":"The winners will drill a minimum of 14 wells, with at least USD 71 mn worth of investments","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\/11\/1190.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\/644656","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=644656"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/644656\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/644649"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/644657"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=644656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=644656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=644656"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=644656"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=644656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}