{"id":672340,"date":"2025-09-23T00:00:00","date_gmt":"2025-09-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/23\/oil-ministry-eyes-usd-4-bn-in-investments-this-fiscal-year\/"},"modified":"2025-09-23T00:00:00","modified_gmt":"2025-09-23T00:00:00","slug":"oil-ministry-eyes-usd-4-bn-in-investments-this-fiscal-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/23\/oil-ministry-eyes-usd-4-bn-in-investments-this-fiscal-year\/","title":{"rendered":"Oil Ministry eyes USD 4 bn in investments this fiscal year"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The Oil Mini<\/strong><strong>stry is looking to attract USD 4 bn this fiscal year by <\/strong><strong>offering <\/strong><strong>up to 12 concessions<\/strong>, a government source told EnterpriseAM. The planned exploration tenders will coincide with the wrapping up of seismic surveys in the Mediterranean, the Red Sea, and the Gulf of Suez, we were told.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The upcoming tender may see a notable uptick in interest from local energy players<\/strong>, following an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/607abcdc-2404-46a0-89d8-60acb224e3cc\/gov%25e2%2580%2599t-wants-more-local-involvement-in-oil-and-gas\" style=\"\" rel=\"noopener\">in-the-works government push<\/a> \u2014 which include fresh incentives for local investors \u2014 to increase local investment in the oil and gas sector, a government source told EnterpriseAM in August. The tender will include new fields and fresh exploration areas \u2014 including blocks being offered for the first time \u2014 as well as mature fields slated to be put back on the market, the source added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The planned offerings, which include several concessions in the Red Sea, follow Shell and its partners\u2019 withdrawal from their two Egyptian Red Sea exploration blocks in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/dbd3147e-9626-4900-ba51-e1e377b73506\/shell-and-partners-withdraw-from-their-red-sea-blocks\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/dbd3147e-9626-4900-ba51-e1e377b73506\/shell-and-partners-withdraw-from-their-red-sea-blocks\" style=\"\" rel=\"noopener\">March<\/a>, followed by Chevron\u2019s exit from its block in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7593dabd-8c10-4b11-b316-9392bb0d5b43\/chevron-makes-its-red-sea-exit-official.-plus:-saudi-gold-refinery,-raya-holding,-ora-developers,-microsoft\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7593dabd-8c10-4b11-b316-9392bb0d5b43\/chevron-makes-its-red-sea-exit-official.-plus:-saudi-gold-refinery,-raya-holding,-ora-developers,-microsoft\" style=\"\" rel=\"noopener\">April<\/a> \u2014 the last active exploration block in the Red Sea.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ministry plans to offer up to 12 concessions<\/p>\n","protected":false},"author":1,"featured_media":672341,"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],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-672340","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-energy","tag-enterpriseam","tag-oil-and-gas","wpautop","entry"],"acf":{"mongo_id":"dcffa234-c76c-436b-9e69-fddf3aed12cc","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/11\/1190.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s Oil Ministry eyes USD 4 bn in investments this fiscal year","related_issue":[672329],"teaser":"The ministry plans to offer up to 12 concessions","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/9\/.484bf084-e40a-4867-98dd-2c3d4740395c.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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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":672304,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/22\/oil-ministry-eyes-usd-4-bn-in-investments-from-upcoming-12-concession-tender\/","url_meta":{"origin":672340,"position":2},"title":"Oil Ministry eyes USD 4 bn in investments from upcoming 12 concession tender","author":"enterpriseam admin","date":"22 September 2025","format":false,"excerpt":"Good afternoon, folks, and welcome to the first day of fall \u2014 though judging by the weather this upcoming week, it may be more so in theory than in practice. Also continuing to heat up is the news cycle.THE BIG STORY TODAY- The Oil Ministry is looking to attract USD\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\/2025\/8\/429.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578311,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/22\/oil-and-gas-exploration-tender-coming-next-week\/","url_meta":{"origin":672340,"position":3},"title":"Oil and gas exploration tender coming next week","author":"enterpriseam admin","date":"22 December 2022","format":false,"excerpt":"Energy companies can bid for 12 new oil and gas exploration blocks in the Mediterranean and Nile Delta starting next week in an international tender set to be launched by state-owned Egyptian Natural Gas Holding Company (EGAS), Bloomberg Asharq reports, citing an Oil Ministry source. The door for bidding will\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\/12\/482.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":589549,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/05\/oil-majors-to-invest-usd-1-8-bn-here-by-2025-in-search-for-gas\/","url_meta":{"origin":672340,"position":4},"title":"Oil majors to invest USD 1.8 bn here by 2025 in search for gas","author":"enterpriseam admin","date":"5 July 2023","format":false,"excerpt":"Chevron, Eni, ExxonMobil, Shell, and BP will drill a total of 35 wells by 2025","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\/7\/101.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"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":672340,"position":5},"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 &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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/672340","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=672340"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/672340\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/672329"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/672341"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=672340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=672340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=672340"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=672340"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=672340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}