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Tag: Energean
Energean FPSO Hull

Energean Power FPSO hull sailed away from China to Singapore

Posted: April 5, 2020 at 8:58 pm   /   Oil & Gas

Karish Project Update – FPSO Hull Sailaway from China: Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announced that its FPSO hull sailed away from the COSCO yard in China on 3 April 2020. The hull will now be towed to the Sembcorp Marine Admiralty Yard […]

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edison-energean

Energean and Edison agree to exclude Algerian assets from E&P deal

Posted: April 5, 2020 at 2:02 pm   /   Oil & Gas

Energean Oil and Gas and Edison have agreed to exclude Edison E&P’s Algeria assets from the previously agreed acquisition. As previously reported, Energean entered into a conditional sale and purchase agreement (SPA) on July 4, 2019, to acquire Edison E&P from Edison for an initial consideration of $750 million, with the completion of the SPA […]

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Energean

Energean might reduce its budget for Egypt by $140 million

Posted: March 29, 2020 at 8:31 pm   /   Oil & Gas

Mediterranean gas group Energean might cut its budget for Egypt by USD 140 million as oil and gas companies cut back on spending amid the covid-19 pandemic and a simultaneous oil price war. Energean has already cut its planned outlay in Greece and Israel by USD 155 million. Mediterranean gas group Energean said it would […]

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Energean FPSO

Work continuing at Far East yards on Energean’s FPSO

Posted: March 20, 2020 at 7:27 pm   /   Oil & Gas

Energean remains on track to deliver first gas from its Karish project offshore Israel during the first half of next year, the company said in its results statement. Energean remains on track to deliver first gas from its Karish project offshore Israel during the first half of next year, the company said in its results […]

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Energean CEO

Edison starts deepwater exploratory drilling for gas in Egypt; Energean CEO

Posted: February 15, 2020 at 2:48 pm   /   Oil & Gas

Italian energy group Edison has begun drilling an exploratory well in deepwater acreage in Egypt, not far from other giant east Mediterranean gas fields, the CEO of Israel-focused gas driller Energean said on Wednesday. Energean is in the process of taking over Edison’s Egyptian assets in a deal reached last year. “We’re drilling right now […]

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Energean-DEPA

Energean, DEPA agreement paves way for the operation of EastMed pipeline

Posted: January 2, 2020 at 9:29 pm   /   Oil & Gas

LοI for the Sale & Purchase of 2 BCM per annum: Energean and the Public Gas Corporation of Greece (“DEPA”) have agreed to cooperate to further support the EastMed Pipeline Project.  Ahead of the Intergovernmental Agreement on the EastMed Pipeline, to be signed later today by the Ministers of Cyprus, Greece and Israel responsible for […]

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global-warming

Energean Oil and Gas makes pledge to net zero emissions by 2050

Posted: December 3, 2019 at 3:29 pm   /   Oil & Gas

Energean first London listed E&P company to commit to the UN’s Global Compact campaign – “Business Ambition for 1.5°C: Our Only Future”; pledges to net zero emissions by 2050. Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announce that it is supporting and is committed to […]

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FPSO

Energean signs Gas Sales and Purchase Agreement with MRC

Posted: November 21, 2019 at 7:28 pm   /   Oil & Gas

GSPA signed with MRC: Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announce that Energean Israel and MRC Alon Tavor Ltd. (“MRC”) have signed a Gas Sales and Purchase Agreement (“GSPA”) for the sale of approximately 0.5 Bcm/yr, or up to 8 Bcm over the term […]

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Energean CEO

Energean CEO statement at the East Mediterranean Gas Forum (EMGF)

Posted: November 6, 2019 at 8:13 pm   /   Oil & Gas

Mathios Rigas, Energean CEO, attended the East Mediterranean Gas Forum (EMGF), which took place today in Cairo. The Ministry of Petroleum invited companies from Greece, Italy, Israel and Cyprus to attend the meeting, and Energean’s CEO gave the following statement at the forum: “The establishment of the Gas Industry Advisory Committee is a crucial development […]

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Energean

Energean announces successful appraisal of Karish North discovery

Posted: November 4, 2019 at 11:08 am   /   Oil & Gas

Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announce the successful appraisal of the Karish North Discovery, confirming best estimate recoverable resources of 0.9 Tcf (25 BCM) plus 34 million barrels of light oil / condensate2 (combined c.190 mmboe) significantly enhancing Energean’s discovered resource volumes across […]

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