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Tag: Energean
TechnipFMC-Energean

Energean, EGPC JV partners award NEA/NI iEPCI contract to TechnipFMC

Posted: February 18, 2021 at 12:06 pm   /   Oil & Gas

Energean plc, the gas producer focused on the Mediterranean, announced that AbuQir Petroleum, a Joint Venture between Energean and EGPC, has signed an integrated EPCI iEPCI contract to global offshore services provider TechnipFMC for a subsea tie-back located offshore Egypt. The contract covers the Engineering, Procurement, Construction, and Installation of four subsea wells as well […]

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TechnipFMC

TechnipFMC awarded Egypt Subsea Tieback Contract by Energean

Posted: January 23, 2021 at 8:11 pm   /   Oil & Gas

Having taken the final investment decision on the North El Amirya and North Idku (NEA/NI) concession tieback project offshore Egypt, Energean plc reported Thursday that it has awarded the project’s engineering, procurement, installation and commissioning (EPIC) contract to TechnipFMC. Two discovered and appraised gas fields – Yazzi and Python – are located in the NEA […]

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North El Amriya - North Idku Development

Energean announces North El Amriya, North Idku Final Investment Decision

Posted: January 21, 2021 at 2:50 pm   /   Oil & Gas

Energean plc announce that Final Investment Decision has been taken on the North El Amriya and North Idkunea (“NEA/NI”) concession subsea tieback project in offshore Egypt. The NEA concession contains two discovered and appraised gas fields (Yazzi and Python) while the NI concession contains four discovered gas fields, one of which is readied for development. […]

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Signing Edison E&P Acquisition Photo

Energean announces completion of Edison E&P acquisition

Posted: December 19, 2020 at 11:48 am   /   Oil & Gas

Energean plc announced that it has completed its acquisition of Edison Exploration & Production S.p.A. (“Edison E&P“) from Edison S.p.A. (“Edison“). The gross consideration* for the transaction, as at the locked box date of 1 January 2019, is $284 million and the final net consideration (net of cash acquired) is 203 million. The enlarged group […]

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Energean Power FPSO

Energean’s H1 2020 results: Strong performance with 52.1 kboed production

Posted: September 10, 2020 at 1:01 pm   /   Oil & Gas

Strong performance in 1H 2020 with 52.1 kboed pro forma production – pro forma $177million revenue, $66 million operating cash flow, $350 million capex reduction. Energean has today announced HY results for the period ended 20 June 2020. The highlights include: Combined business pro forma production was 52.1 kboed, compared with full year guidance of […]

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Karish

Energean announces Karish field update: First topsides lift, FPSO suction anchors installed

Posted: September 1, 2020 at 12:30 pm   /   Oil & Gas

Karish Development: First topsides lift in Singapore and installation of the Energean Power FPSO suction anchors at the Karish field completed Energean plc, the gas producer focused on the Mediterranean, is pleased to announce two important developments in the Karish Development Project. In Singapore, the first topsides module lift on to the Energean Power FPSO […]

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World-Map-Energean

Energean plc announces revised terms of Edison E&P acquisition deal

Posted: June 29, 2020 at 7:29 pm   /   Oil & Gas

Energean plc, the oil and gas producer focused on the Mediterranean, issues an update on its Edison E&P transaction and revised group guidance. Further to the announcement on 19 May 2020, Energean is pleased to announce that it has entered into further amended terms for its acquisition of Edison E&P following which, inter alia, the […]

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energean-pipelay

Energean completes Karish pipelay and subsea systems installation

Posted: June 23, 2020 at 11:24 am   /   Oil & Gas

Karish pipe laying and subsea systems installation completed – Karish Development c. 80% physically completed Energean plc, the oil and gas producer focused on the Mediterranean, is pleased to announce the completion of a key milestone in the Karish and Tanin Development project, offshore Israel. Energean’s partner, TechnipFMC, has successfully completed on time the laying […]

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Karish

Energean upgrades Karish North reserves, first gas expected 2022

Posted: April 10, 2020 at 9:08 pm   /   Oil & Gas

Competent Persons Report certifies 1.2 Tcf (34 Bcm) plus 39 million barrels of gross 2C recoverable resources in Karish North, a 32% uplift on prior estimates. Submission of Field Development Plan Addendum for Karish North: Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announce the completion […]

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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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