{"id":655025,"date":"2024-11-12T00:00:00","date_gmt":"2024-11-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/"},"modified":"2024-11-12T00:00:00","modified_gmt":"2024-11-12T00:00:00","slug":"qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/","title":{"rendered":"Qatar Energy acquires a 23% stake in North El Dabaa Block from Chevron"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Qatar Energy expands Egypt presence: <\/strong>Qatar Energy has inked an agreement with US oil and gas giant Chevron to acquire a 23% operational stake in the Mediterranean\u2019s North El Dabaa Block, according to a company <a target=\"_blank\" href=\"https:\/\/www.qatarenergy.qa\/en\/MediaCenter\/Pages\/newsdetails.aspx?ItemId=3835\" style=\"\" rel=\"noopener\">statement<\/a>. Chevron \u2014 the operator of the concession \u2014 will retain a 40% share, while oil and gas developer Woodside and the Egyptian state-owned Tharwa Petroleum hold 27% and 10% stakes, respectively. The company did not disclose the value of the transaction.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company is already gearing up for n<\/strong><strong>ew exploratio<\/strong><strong>n works:<\/strong> \u201cWe look forward to the drilling of the first exploration well on this block,\u201d the statement quotes company CEO and Qatari Energy Minister Saad Sherida Al Kaabi as saying.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatar Energy is already a sizable player in the country\u2019s oil and gas sector: <\/strong>The Qatari state-owned energy company is a regular feature in Egyptian Natural Gas Holding Company\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/04355c3e-c3d0-496e-ad31-31632bf594a2\/four-international-companies-awarded-oil-and-gas-exploration-blocks\" style=\"\" rel=\"noopener\">bidding rounds for exploration blocks<\/a> <strong>. <\/strong>Among its Egypt assets are <strong>a <\/strong>recently inked a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2cf52dab-19a1-46a3-99f0-1ad026313784\/qatarenergy-to-acquire-40%2525-stake-in-two-of-exxonmobil%25e2%2580%2599s-offshore-exploration-blocks-in-egypt\" style=\"\" rel=\"noopener\">farm-in agreement<\/a> with ExxonMobil to acquire a 40% interest in the oil major\u2019s Cairo and Masry offshore concessions and a 40% of the Mediterranean\u2019s North Marakia offshore concession.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>The Oil Ministry is on a mission to increase output and attract investment in a bid to close the costly gap between growing local demand and shrinking local production. Egypt has <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ee4b1467-0ed1-4911-a578-312de9fb0bd0\/egypt-has-paid-78%2525-of-its-arrears-to-foreign-oil-and-gas-companies-since-march\" style=\"\" rel=\"noopener\">cleared USD 3.5 bn in arrears<\/a> to foreign hydrocarbon players since March, marking a 77.8% reduction in the government\u2019s outstanding arrears over a seven-month period by our math, to persuade foreign oil companies to up their presence here. The ministry has also been <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/76e0292b-903e-44ce-a127-021c00848173\/new-energy-incentives-aim-to-boost-domestic-production-and-foreign-investment\" style=\"\" rel=\"noopener\">offering new incentives<\/a> to energy players that include increasing production sharing ratios with foreign companies in exchange for new investments, enhancing exploration efforts, and increasing extraction rates.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The news also caught the attention of the int\u2019l press: <\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/qatarenergy-buys-23-offshore-egypt-block-chevron-2024-11-11\/\" style=\"\" rel=\"noopener\">Reuters<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Qatari state-owned oil company and the concession\u2019s operator Chevron also have plans to drill the block\u2019s first exploratory well<\/p>\n","protected":false},"author":1,"featured_media":655026,"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":[780,93,72,91,8881],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-655025","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-chevron","tag-energy","tag-enterpriseam","tag-oil-and-gas","tag-qatar-energy","wpautop","entry"],"acf":{"mongo_id":"ef1d9bc8-1d86-4195-a38e-0af76cff77e9","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/11\/1021.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Qatar Energy acquires a 23% stake in Egypt\u2019s North El Dabaa Block from Chevron","related_issue":[655017],"teaser":"The Qatari state-owned oil company and the concession\u2019s operator Chevron also have plans to drill the block\u2019s first exploratory well","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.9c085390-d386-46fb-ba0f-bbc542f665cd.mp3"},"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>Qatar Energy acquires a 23% stake in North El Dabaa Block from Chevron - 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\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Qatar Energy acquires a 23% stake in North El Dabaa Block from Chevron\" \/>\n<meta property=\"og:description\" content=\"The Qatari state-owned oil company and the concession\u2019s operator Chevron also have plans to drill the block\u2019s first exploratory well\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-12T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1021.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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Qatar Energy acquires a 23% stake in North El Dabaa Block from Chevron\",\"datePublished\":\"2024-11-12T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/\"},\"wordCount\":311,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1021.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Chevron\",\"energy\",\"EnterpriseAM\",\"oil and gas\",\"Qatar Energy\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/\",\"name\":\"Qatar Energy acquires a 23% stake in North El Dabaa Block from Chevron - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1021.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-11-12T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1021.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1021.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Qatar Energy acquires a 23% stake in North El Dabaa Block from Chevron\"}]},{\"@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":"Qatar Energy acquires a 23% stake in North El Dabaa Block from Chevron - 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\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/","og_locale":"en_US","og_type":"article","og_title":"Qatar Energy acquires a 23% stake in North El Dabaa Block from Chevron","og_description":"The Qatari state-owned oil company and the concession\u2019s operator Chevron also have plans to drill the block\u2019s first exploratory well","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-11-12T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1021.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":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Qatar Energy acquires a 23% stake in North El Dabaa Block from Chevron","datePublished":"2024-11-12T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/"},"wordCount":311,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1021.jpg?fit=%2C&ssl=1","keywords":["Chevron","energy","EnterpriseAM","oil and gas","Qatar Energy"],"articleSection":["Energy"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/","name":"Qatar Energy acquires a 23% stake in North El Dabaa Block from Chevron - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1021.jpg?fit=%2C&ssl=1","datePublished":"2024-11-12T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1021.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1021.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/12\/qatar-energy-acquires-a-23-stake-in-north-el-dabaa-block-from-chevron\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Qatar Energy acquires a 23% stake in North El Dabaa Block from Chevron"}]},{"@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\/11\/1021.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1021.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\/11\/1021.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":553940,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/14\/qatar-energy-snags-17-stake-in-shells-red-sea-blocks\/","url_meta":{"origin":655025,"position":0},"title":"Qatar Energy snags 17% stake in Shell\u2019s Red Sea blocks","author":"enterpriseam admin","date":"14 December 2021","format":false,"excerpt":"Qatar Energy is set to acquire a 17% stake in two Shell-operated oil and gas exploration blocks in the Red Sea, the oil supermajor announced yesterday in a statement. The agreement, which is subject to government and regulatory approval, signals the first entry by the Qatari energy giant into Egypt\u2019s\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\/2021\/12\/331.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":654986,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/qatar-energy-inks-agreement-to-acquire-23-of-mediterraneans-north-el-dabaa-block\/","url_meta":{"origin":655025,"position":1},"title":"Qatar Energy inks agreement to acquire 23% of Mediterranean\u2019s North El Dabaa block","author":"enterpriseam admin","date":"11 November 2024","format":false,"excerpt":"Good morning folks, and welcome to day two of the work week \u2014 buckle in for a packed news day ahead.THE BIG STORY TODAY Qatar Energy expands in Egypt with the acquisition of 23% of North El Dabaa block: Qatar Energy has inked an agreement with Chevron to acquire a\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"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":578826,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/16\/chevron-eni-announce-significant-eastmed-gas-find\/","url_meta":{"origin":655025,"position":2},"title":"Chevron + Eni announce \u201csignificant\u201d EastMed gas find","author":"enterpriseam admin","date":"16 January 2023","format":false,"excerpt":"Chevron and Eni have made a \u201csignificant\u201d gas discovery in the Eastern Mediterranean, the companies announced in separate statements yesterday (here andhere, pdf). The discovery was made at their Nargis offshore block off the coast of North Sinai, in which each company holds a 45% interest, while state-owned Tharwa Petroleum\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\/2023\/1\/243.jpg?fit=%2C&ssl=1&resize=350%2C200","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":655025,"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 &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\/4\/747.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":607148,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/27\/four-international-companies-awarded-oil-and-gas-exploration-blocks\/","url_meta":{"origin":655025,"position":4},"title":"Four international companies awarded oil and gas exploration blocks","author":"enterpriseam admin","date":"27 September 2023","format":false,"excerpt":"Four concessions were handed to Eni, BP, Qatar Energy, and Zarubezhneft","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\/1599.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561043,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/23\/shell-inks-two-offshore-agreements-with-egypt-shifting-focus-to-marine-production\/","url_meta":{"origin":655025,"position":5},"title":"Shell inks two offshore agreements with Egypt, shifting focus to marine production","author":"enterpriseam admin","date":"23 March 2021","format":false,"excerpt":"Shell has signed two new oil and gas exploration agreements with the Oil Ministry in the Herodotus Basin deepwater sector off Egypt\u2019s western Mediterranean coastline, the Dutch company\u2019s Egypt office said in a press release (pdf). Shell acquired 67% of the 6.8k sqm North Marina and North Cleopatra concessions through\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\/2021\/3\/286.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\/655025","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=655025"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/655025\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/655017"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/655026"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=655025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=655025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=655025"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=655025"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=655025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}