{"id":83901,"date":"2024-02-29T00:00:00","date_gmt":"2024-02-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/"},"modified":"2024-02-29T00:00:00","modified_gmt":"2024-02-29T00:00:00","slug":"snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/","title":{"rendered":"SNB Capital raises USD 230 mn for new oil and gas fund, will invest in E&P assets"},"content":{"rendered":"

Investment bank SNB Capital has raised USD 230 mn for a new oil and gas fund<\/strong> as it looks to grow its global investment portfolio, it said in a statement on Linkedin<\/a> yesterday. SNB Capital Oil and Gas Fund I will invest in Repsol E&P \u2014 a joint venture between Spanish oil company Repsol<\/a> and EIG<\/a>. <\/p>\n

Ironing out the details: <\/strong>The fund, launched by Dubai subsidiary SNB Capital DIFC, would offer investors exposure to exploration and production assets with a production capacity of 600k barrels a day, Bloomberg<\/a> reported yesterday. Investments would be provided under a shariah-compliant structure. This would help boost the local investment bank\u2019s role in OECD countries, mainly North America which is home to half of the JV\u2019s reserves and resources, it added.<\/p>\n

Not the first fund for SNB Capital this year<\/strong>: The investment bank launched a SAR 1 bn realestate fund earlier this month<\/a> with Alshegrey Investment Group as they seek to capitalize on rising demand for offices and commercial real estate.<\/p>\n

SNB Capital was the number two financial adviser on IPOs in Saudi last year after our friends<\/strong> at HSBC Saudi Arabia<\/strong>, according to Bloomberg. SNB Capital advised broadcaster giant MBC on its blockbuster IPO<\/a> which raised SAR 831 mn (USD 222 mn) in January.<\/p>\n","protected":false},"excerpt":{"rendered":"

SNB Capital raised USD 230 for the new fund<\/p>\n","protected":false},"author":1,"featured_media":83902,"comment_status":"","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":[2570],"tags":[2732,1288,2425,10,201,1287,404],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-83901","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-alshegrey","tag-eig-partners","tag-energy","tag-enterpriseam-ksa","tag-mbc","tag-repsol-sa","tag-snb-capital","wpautop","entry"],"acf":{"mongo_id":"7765fccd-0195-4f72-8f0f-72d1ba0283ab","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/2\/134.jpg","photo_position":"above","homepage_title":"","full_issue_title":"SNB Capital raises USD 230 mn for new oil and gas fund, will invest in E&P assets","related_issue":[83889],"teaser":"SNB Capital raised USD 230 for the new fund","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.f65f9911-b09e-403f-8607-38ff856f1a83.mp3"},"yoast_head":"\nSNB Capital raises USD 230 mn for new oil and gas fund, will invest in E&P assets - KSA<\/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\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SNB Capital raises USD 230 mn for new oil and gas fund, will invest in E&P assets\" \/>\n<meta property=\"og:description\" content=\"SNB Capital raised USD 230 for the new fund\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/\" \/>\n<meta property=\"og:site_name\" content=\"KSA\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-29T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/134.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\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"SNB Capital raises USD 230 mn for new oil and gas fund, will invest in E&P assets\",\"datePublished\":\"2024-02-29T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/\"},\"wordCount\":225,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/134.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Alshegrey\",\"EIG Partners\",\"ENERGY\",\"EnterpriseAM KSA\",\"MBC\",\"Repsol SA\",\"SNB Capital\"],\"articleSection\":[\"ENERGY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/\",\"name\":\"SNB Capital raises USD 230 mn for new oil and gas fund, will invest in E&P assets - KSA\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/134.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-02-29T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/134.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/134.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/ksa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"SNB Capital raises USD 230 mn for new oil and gas fund, will invest in E&P assets\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"name\":\"KSA\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\",\"name\":\"KSA\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42482.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42482.svg\",\"caption\":\"KSA\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"SNB Capital raises USD 230 mn for new oil and gas fund, will invest in E&P assets - KSA","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\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/","og_locale":"en_US","og_type":"article","og_title":"SNB Capital raises USD 230 mn for new oil and gas fund, will invest in E&P assets","og_description":"SNB Capital raised USD 230 for the new fund","og_url":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/","og_site_name":"KSA","article_published_time":"2024-02-29T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/134.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\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"SNB Capital raises USD 230 mn for new oil and gas fund, will invest in E&P assets","datePublished":"2024-02-29T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/"},"wordCount":225,"publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/134.jpg?fit=%2C&ssl=1","keywords":["Alshegrey","EIG Partners","ENERGY","EnterpriseAM KSA","MBC","Repsol SA","SNB Capital"],"articleSection":["ENERGY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/","url":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/","name":"SNB Capital raises USD 230 mn for new oil and gas fund, will invest in E&P assets - KSA","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/134.jpg?fit=%2C&ssl=1","datePublished":"2024-02-29T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/134.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/134.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/29\/snb-capital-raises-usd-230-mn-for-new-oil-and-gas-fund-will-invest-in-ep-assets\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/ksa\/"},{"@type":"ListItem","position":2,"name":"SNB Capital raises USD 230 mn for new oil and gas fund, will invest in E&P assets"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/ksa\/#website","url":"https:\/\/enterpriseam.com\/ksa\/","name":"KSA","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/ksa\/#organization","name":"KSA","url":"https:\/\/enterpriseam.com\/ksa\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42482.svg","contentUrl":"https:\/\/ent.news\/internal\/42482.svg","caption":"KSA"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/134.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/134.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/134.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/83901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/comments?post=83901"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/83901\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/issue\/83889"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media\/83902"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media?parent=83901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/categories?post=83901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/tags?post=83901"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/brand?post=83901"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=83901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}