{"id":651556,"date":"2017-02-15T04:06:17","date_gmt":"2017-02-15T04:06:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/15\/mckinsey-company-ernst-young-navigant-consulting-pwc-competing-over-egpc-restructuring-agreement\/"},"modified":"2017-02-15T04:06:17","modified_gmt":"2017-02-15T04:06:17","slug":"mckinsey-company-ernst-young-navigant-consulting-pwc-competing-over-egpc-restructuring-agreement","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/15\/mckinsey-company-ernst-young-navigant-consulting-pwc-competing-over-egpc-restructuring-agreement\/","title":{"rendered":"McKinsey &#038; Company, Ernst &#038; Young, Navigant Consulting, PwC competing over EGPC restructuring agreement"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Global consultancies shortlisted for EGPC restructuring job: <\/strong>McKinsey & Company, Ernst & Young, Navigant Consulting and PricewaterhouseCoopers have been shortlisted to consult on the restructuring of the Egyptian General Petroleum Company (EGPC), unidentified sources tell <a href=\"http:\/\/www.alborsanews.com\/2017\/02\/14\/3-%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D9%88%D8%AA%D8%AD%D8%A7%D9%84%D9%81-%D8%AA%D8%AA%D9%86%D8%A7%D9%81%D8%B3-%D8%B9%D9%84%D9%89-%D9%88%D8%B6%D8%B9-%D8%A7%D8%B3%D8%AA%D8%B1%D8%A7%D8%AA%D9%8A%D8%AC%D9%8A\/\">Al Borsa<\/a>. The mandate encompasses creating strategy on everything from lifting of fuel subsidies and increasing transparency to setting a plan for debt repayment. The firms are due to present final proposals by mid-March and will see their consulting fees defrayed by the World Bank, the newspaper suggests. The restructuring of EGPC is one of the targets that <a href=\"https:\/\/enterprise.press\/stories\/2017\/01\/19\/imf-finance-reveal-terms-of-the-usd-12-bn-imf-agreement\/\">last month\u2019s IMF staff report<\/a> said is on the government\u2019s to-do list as part of its USD 12 bn agreement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global consultancies shortlisted for EGPC restructuring job: McKinsey &#038; Company, Ernst &#038; Young, Navigant Consulting and PricewaterhouseCoopers have been shortlisted to consult on the restructuring of the Egyptian General Petroleum Company (EGPC), unidentified sources tell Al Borsa. The mandate encompasses creating strategy on everything from lifting of fuel subsidies and increasing transparency to setting a [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-651556","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"e57e2b2e-2d61-4722-9b4a-4fb68abe3bed","order":"0","is_powered_by":true,"section_story_id":"684054f7-35c7-4a05-98a4-32f12659b3b3","story_type":"1","photo_url":"","photo_position":"above","related_issue":[651546],"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>McKinsey &amp; Company, Ernst &amp; Young, Navigant Consulting, PwC competing over EGPC restructuring agreement - 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\/02\/15\/mckinsey-company-ernst-young-navigant-consulting-pwc-competing-over-egpc-restructuring-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"McKinsey &amp; Company, Ernst &amp; Young, Navigant Consulting, PwC competing over EGPC restructuring agreement\" \/>\n<meta property=\"og:description\" content=\"Global consultancies shortlisted for EGPC restructuring job: McKinsey &amp; Company, Ernst &amp; Young, Navigant Consulting and PricewaterhouseCoopers have been shortlisted to consult on the restructuring of the Egyptian General Petroleum Company (EGPC), unidentified sources tell Al Borsa. The mandate encompasses creating strategy on everything from lifting of fuel subsidies and increasing transparency to setting a [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/15\/mckinsey-company-ernst-young-navigant-consulting-pwc-competing-over-egpc-restructuring-agreement\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-02-15T04:06:17+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\/02\/15\/mckinsey-company-ernst-young-navigant-consulting-pwc-competing-over-egpc-restructuring-agreement\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/15\/mckinsey-company-ernst-young-navigant-consulting-pwc-competing-over-egpc-restructuring-agreement\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"McKinsey &#038; 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Co. to advise on EGPC restructuring","author":"enterpriseam admin","date":"5 April 2017","format":false,"excerpt":"We love the smell of fees in the morning: McKinsey & Company has been tapped to advise the government on the restructuring of the EGPC and its subsidiaries, beating out Ernst & Young, Navigant, and a PwC and Logic Consultancy partnership, sources told Al Borsa on Tuesday. It will take\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":[]},{"id":572114,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/11\/egyptair-gets-a-breather-on-jet-fuel-arrears-to-egpc\/","url_meta":{"origin":651556,"position":1},"title":"EgyptAir gets a breather on jet fuel arrears to EGPC","author":"enterpriseam admin","date":"11 June 2020","format":false,"excerpt":"CABINET WATCH- EgyptAir gets a breather on arrears to EGPC: The Madbouly Cabinet agreed yesterday to waive 50% of the late fees on monthly jet fuel payments that national flag carrier EgyptAir owes the Egyptian General Petroleum Company (EGPC), according to a Cabinet statement. The decision also includes a debt\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":[]},{"id":625430,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/05\/shalakany-law-tapped-as-legal-advisor-for-egpc-reorganization\/","url_meta":{"origin":651556,"position":2},"title":"Shalakany Law tapped as legal advisor for EGPC reorganization","author":"enterpriseam admin","date":"5 August 2018","format":false,"excerpt":"Shalakany Law Office has been selected as legal advisor on the reorganization of the EGPC and its subsidiaries, El Shalakany Partner Mariam Fahmy tells Amwal Al Ghad. The operational restructuring process, which is hoped would boost production and efficiency, is expected to be complete by end-2018, Fahmy says.","rel":"","context":"In &quot;Law&quot;","block_context":{"text":"Law","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/law\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":629259,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/27\/egpc-set-to-receive-usd-850-mn-in-loans-from-local-banking-consortium-to-repay-iocs\/","url_meta":{"origin":651556,"position":3},"title":"EGPC set to receive USD 850 mn in loans from local banking consortium to repay IOCs?","author":"enterpriseam admin","date":"27 May 2018","format":false,"excerpt":"EGPC to set receive USD 850 mn in financing from domestic banking consortium to repay IOCs? The Finance Ministry has reportedly agreed to issue letters of guarantee for two loans to the EGPC worth a combined USD 850 mn, sources close to the matter tell Al Mal. The funding, which\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":[]},{"id":597255,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/21\/egypts-oil-ministry-taps-mohamed-radwan-as-egpc-co-head\/","url_meta":{"origin":651556,"position":4},"title":"Egypt\u2019s Oil Ministry taps Mohamed Radwan as EGPC co-head","author":"enterpriseam admin","date":"21 July 2019","format":false,"excerpt":"MOVES- Oil Minister Tarek El Molla has tapped Mohamed Radwan (LinkedIn) as co-head of the Egyptian General Petroleum Corporation (EGPC), according to Al Masry Al Youm. Radwan was formerly assistant general manager at Apache and EGPC JV Khalda Petroleum Company.","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":[]},{"id":601042,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/18\/petroceltic-to-seek-international-arbitration-against-egpc\/","url_meta":{"origin":651556,"position":5},"title":"Petroceltic to seek international arbitration against EGPC","author":"enterpriseam admin","date":"18 February 2019","format":false,"excerpt":"Petroceltic to seek international arbitration against EGPC: UK energy company Petroceltic is filing for international arbitration to recover back-due payments it claims it is owed by the state-owned Egyptian General Petroleum Corporation (EGPC), Petroceltic said in a statement on its website. \u201cWe do not threaten international arbitration lightly, but equally\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\/651556","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=651556"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/651556\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/651546"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=651556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=651556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=651556"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=651556"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=651556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}