{"id":650372,"date":"2017-03-22T04:17:41","date_gmt":"2017-03-22T04:17:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/22\/is-egypt-the-most-attractive-market-for-independent-oil-companies\/"},"modified":"2017-03-22T04:17:41","modified_gmt":"2017-03-22T04:17:41","slug":"is-egypt-the-most-attractive-market-for-independent-oil-companies","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/22\/is-egypt-the-most-attractive-market-for-independent-oil-companies\/","title":{"rendered":"Is Egypt the most attractive market for independent oil companies?"},"content":{"rendered":"<p><strong>Is Egypt the most attractive market for independent oil companies?<\/strong> That is the view taken by <a href=\"http:\/\/gulfnews.com\/business\/analysis\/independent-oil-companies-chart-a-course-for-the-middle-east-1.1997621\">Gulf News<\/a>, which said that the country is seeing the biggest wave of independents flocking to it in the Middle East. \u201cEgypt is a well-known petroleum province, with a robust local oilfield services market, and strong infrastructure to capture all new production,\u201d the newspaper says. The country has enabled many companies to come in during this current window and acquire resources. This has largely been due to some challenges around receivables from state oil and gas companies, issues which are being rectified. Gulf News lists Rockhopper Exploration, SDX Energy and Warburg Pincus\u2019 Apex International Energy as but a few that have made acquisitions in the past several months and actively investing significant capital \u201cinto a country where they aim to establish a large resource base.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is Egypt the most attractive market for independent oil companies? That is the view taken by Gulf News, which said that the country is seeing the biggest wave of independents flocking to it in the Middle East. \u201cEgypt is a well-known petroleum province, with a robust local oilfield services market, and strong infrastructure to capture [&hellip;]<\/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":[7233],"tags":[2386,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-650372","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-egypt-in-the-news","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"2d6866ac-bf48-4fe7-93e4-c312c0942064","order":"0","is_powered_by":true,"section_story_id":"9c61e56a-09ff-4905-9f03-9f0a2f8f1394","story_type":"1","photo_url":"","photo_position":"above","related_issue":[650348],"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>Is Egypt the most attractive market for independent oil companies? - 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\/03\/22\/is-egypt-the-most-attractive-market-for-independent-oil-companies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is Egypt the most attractive market for independent oil companies?\" \/>\n<meta property=\"og:description\" content=\"Is Egypt the most attractive market for independent oil companies? That is the view taken by Gulf News, which said that the country is seeing the biggest wave of independents flocking to it in the Middle East. \u201cEgypt is a well-known petroleum province, with a robust local oilfield services market, and strong infrastructure to capture [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/22\/is-egypt-the-most-attractive-market-for-independent-oil-companies\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-22T04:17:41+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/22\/is-egypt-the-most-attractive-market-for-independent-oil-companies\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/22\/is-egypt-the-most-attractive-market-for-independent-oil-companies\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Is Egypt the most attractive market for independent oil companies?\",\"datePublished\":\"2017-03-22T04:17:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/22\/is-egypt-the-most-attractive-market-for-independent-oil-companies\/\"},\"wordCount\":151,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egypt in the News\",\"EnterpriseAM\"],\"articleSection\":[\"EGYPT IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/22\/is-egypt-the-most-attractive-market-for-independent-oil-companies\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/22\/is-egypt-the-most-attractive-market-for-independent-oil-companies\/\",\"name\":\"Is Egypt the most attractive market for independent oil companies? 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BP, Eni, Apex International, Energean Egypt, United Energy, Ukraine\u2019s INA Naftaplin, and Chile\u2019s Enap Sipetrol all received\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\/43.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598925,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/12\/libya-oil-chief-accuses-egypt-uae-of-buying-oil-from-haftar-at-below-market-prices\/","url_meta":{"origin":650372,"position":2},"title":"Libya oil chief accuses Egypt, UAE of buying oil from Haftar at below market prices","author":"enterpriseam admin","date":"12 June 2019","format":false,"excerpt":"Libya oil czar accuses Egypt, UAE of buying oil from Haftar at below market prices: The chairman of Libya\u2019s state-owned National Oil Corporation (NOC), Mustafa Sanalla, has accused Egyptian and UAE-based companies of purchasing oil from fields controlled by General Khalifa Haftar\u2019s forces in the east at below-market prices, according\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569950,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/energy-companies-in-egypt-are-adapting-to-the-new-realities-in-the-oil-markets\/","url_meta":{"origin":650372,"position":3},"title":"Energy companies in Egypt are adapting to the new realities in the oil markets","author":"enterpriseam admin","date":"12 March 2020","format":false,"excerpt":"The collapse in oil prices is forcing energy companies in Egypt onto the defensive: Energy companies operating in Egypt, including Pharos Energy and TransGlobe Energy, are responding to oil market volatility by slashing spending and adjusting production metrics in 2020, Energy Voice reports. 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