{"id":647437,"date":"2017-05-10T03:52:57","date_gmt":"2017-05-10T03:52:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/"},"modified":"2017-05-10T03:52:57","modified_gmt":"2017-05-10T03:52:57","slug":"oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/","title":{"rendered":"Oil Ministry looking to attract USD 10 bn in investment from IOCs next fiscal year"},"content":{"rendered":"<p>The Oil Ministry is looking to attract USD 10 bn in investment from international oil companies during FY2017-18 to increase Egypt\u2019s production levels, Minister Tarek El Molla <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=09052017&id=653aea7a-a039-4cb4-9694-20b102f644ca\">tells Al Shorouk<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Oil Ministry is looking to attract USD 10 bn in investment from international oil companies during FY2017-18 to increase Egypt\u2019s production levels, Minister Tarek El Molla tells Al Shorouk.<\/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-647437","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"8139d6d0-b57f-49fd-9c3d-1926318e7ee8","order":"0","is_powered_by":true,"section_story_id":"ef316865-c801-473b-b43b-a1e4483b1d2d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[647405],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Oil Ministry looking to attract USD 10 bn in investment from IOCs next fiscal 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\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil Ministry looking to attract USD 10 bn in investment from IOCs next fiscal year\" \/>\n<meta property=\"og:description\" content=\"The Oil Ministry is looking to attract USD 10 bn in investment from international oil companies during FY2017-18 to increase Egypt\u2019s production levels, Minister Tarek El Molla tells Al Shorouk.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-10T03:52:57+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\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Oil Ministry looking to attract USD 10 bn in investment from IOCs next fiscal year\",\"datePublished\":\"2017-05-10T03:52:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/\"},\"wordCount\":45,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/\",\"name\":\"Oil Ministry looking to attract USD 10 bn in investment from IOCs next fiscal year - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-05-10T03:52:57+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Oil Ministry looking to attract USD 10 bn in investment from IOCs next fiscal year\"}]},{\"@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":"Oil Ministry looking to attract USD 10 bn in investment from IOCs next fiscal year - 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\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/","og_locale":"en_US","og_type":"article","og_title":"Oil Ministry looking to attract USD 10 bn in investment from IOCs next fiscal year","og_description":"The Oil Ministry is looking to attract USD 10 bn in investment from international oil companies during FY2017-18 to increase Egypt\u2019s production levels, Minister Tarek El Molla tells Al Shorouk.","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-05-10T03:52:57+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Oil Ministry looking to attract USD 10 bn in investment from IOCs next fiscal year","datePublished":"2017-05-10T03:52:57+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/"},"wordCount":45,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["energy","EnterpriseAM"],"articleSection":["Energy"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/","name":"Oil Ministry looking to attract USD 10 bn in investment from IOCs next fiscal year - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-05-10T03:52:57+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/oil-ministry-looking-to-attract-usd-10-bn-in-investment-from-iocs-next-fiscal-year\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Oil Ministry looking to attract USD 10 bn in investment from IOCs next fiscal year"}]},{"@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":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":672340,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/23\/oil-ministry-eyes-usd-4-bn-in-investments-this-fiscal-year\/","url_meta":{"origin":647437,"position":0},"title":"Oil Ministry eyes USD 4 bn in investments this fiscal year","author":"enterpriseam admin","date":"23 September 2025","format":false,"excerpt":"The ministry plans to offer up to 12 concessions","rel":"","context":"In &quot;Energy&quot;","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":542945,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/25\/govt-targets-usd-7-bn-oil-fdi-in-2022-2023\/","url_meta":{"origin":647437,"position":1},"title":"Gov\u2019t targets USD 7 bn oil FDI in 2022-2023","author":"enterpriseam admin","date":"25 January 2022","format":false,"excerpt":"The Oil Ministry wants to attract USD 7 bn of foreign direct investment (FDI) into the oil and gas sector in FY 2022-2023, Reuters reported Oil Minister Tarek El Molla as telling Sky News Arabia TV yesterday.Oil + gas accounts for almost half of Egypt\u2019s FDI: At least, it did\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/325.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":607065,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/oil-ministry-offers-new-oil-and-gas-exploration-blocks-to-international-firms\/","url_meta":{"origin":647437,"position":2},"title":"Oil Ministry offers new oil and gas exploration blocks to international firms","author":"enterpriseam admin","date":"26 September 2023","format":false,"excerpt":"The government is looking to attract fresh investment and secure new energy supplies amid declining output","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1524.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542974,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/26\/new-oil-gas-exploration-bid-round-coming-soon\/","url_meta":{"origin":647437,"position":3},"title":"New oil + gas exploration bid round coming soon","author":"enterpriseam admin","date":"26 January 2022","format":false,"excerpt":"New oil and gas exploration rights will be up for grabs in 1H2022. The government plans to launch a new global tender for oil and gas exploration before June, Bloomberg Asharq reported Oil Minister Tarek El Molla as saying during a press conference yesterday. No further details were disclosed on\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/343.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":600817,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/11\/egypt-to-build-hydrogen-cracker-petroleum-complex-worth-usd-2-3-bn\/","url_meta":{"origin":647437,"position":4},"title":"Egypt to build hydrogen cracker, petroleum complex worth USD 2.3 bn","author":"enterpriseam admin","date":"11 February 2019","format":false,"excerpt":"The Oil Ministry aims to build a USD 2.3 bn hydrogen cracking and gasoline producing complex in Suez, Minister Tarek El Molla told the domestic press. Four projects have already been implemented with USD 309 mn in investments, El Molla said, adding that the ministry is also looking to develop\u2026","rel":"","context":"In &quot;Energy&quot;","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":630507,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/23\/egypt-looks-to-attract-usd-10-bn-in-new-foreign-investment-in-oil-and-gas-sector-for-next-budget-year\/","url_meta":{"origin":647437,"position":5},"title":"Egypt looks to attract USD 10 bn in new foreign investment in oil and gas sector for next budget year","author":"enterpriseam admin","date":"23 April 2018","format":false,"excerpt":"And speaking of EastMed gas, Egypt is looking to attract as much as USD 10 bn in new foreign investment in the oil and gas sector in FY2018-19, thanks to new discoveries in the East Mediterranean, Oil Minister Tarek El Molla said yesterday, Reuters reports. The minister said he expects\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647437","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=647437"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647437\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/647405"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=647437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=647437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=647437"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=647437"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=647437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}