"Energean" News

Energean Lifts Karish Fields FPSO Oil Processing Capacity

Jul 22, 2026

Energean has commissioned the second oil train on its Energean Power floating production, storage and offloading (FPSO) vessel, increasing liquids processing capacity by 72% to 31,000 barrels per day at the Karish and Karish North fields offshore Israel…

Energean, Carlyle Eye BP's Egypt Offshore Gas Assets

Jul 29, 2026

Dragon Oil, Carlyle Group, Energean and Artemis Energy are among the groups expected to bid this week for assets in BP's West Nile Delta natural gas development off Egypt, three sources familiar with the sale process said.British oil major BP…

Energean’s Angola Deal with Chevron Faces Pre-Emption Challenge

Jun 03, 2026

Energean has announced that of the joint venture partners in Angola's Blocks 14 and 14K, Etu Energias, has notified seller Chevron that it intends to exercise pre-emption rights over the proposed sale of Chevron's interests in the offshore assets…

Energean Cuts 2026 Output Forecast After Israel Shutdown

May 20, 2026

Eastern Mediterranean-focused gas producer Energean cut its 2026 production forecast and dividend on Wednesday after a 41-day shutdown of its Israeli operations hammered its first-quarter results.The company's power floating production vessel…

Energean Warns Prolonged Conflict May Delay $1B Gas Project

Apr 02, 2026

Oil and gas producer Energean is spending about $10 million a month to keep its shut-in Israeli offshore operations on standby, and its more than $1 billion Katlan project will be delayed if the Iran war lasts beyond May, its CEO told Reuters…

Energean Power FPSO Comes Back Online off Israel

Apr 13, 2026

Energean has restarted production from its Energean Power floating production, storage and offloading (FPSO) unit offshore Israel, which returned to normal levels within 48 hours following regulatory approval.The company said it received notice…

Stena DrillMAX to Drill First Deepwater Well Offshore Greece

Apr 16, 2026

Offshore drilling contractor Stena Drilling has secured a contract by Energean for an exploratory drilling campaign offshore Greece.This campaign, which is expected to start in early 2027, is for one firm well offshore Greece, in Block 2 located at the Northwestern Ionian Sea…

Israel Orders Restart of Ops at Karish Offshore Gas Platform

Apr 09, 2026

Israel's energy ministry said on Thursday that it had instructed Energean to begin resuming operations at the Karish natural gas platform off Israel's Mediterranean coast following the U.S. ceasefire with Iran.The platform has been closed since February 28…

ExxonMobil, Energean, Helleniq Energy to Sign Contract for Exploratory Drilling Offshore Greece

Apr 14, 2026

U.S. oil major ExxonMobil, Energean and Helleniq Energy will sign a contract on Wednesday with Stena Drilling to start exploratory drilling in a western Greek offshore block, Greece's energy ministry said on Tuesday.ExxonMobil, Energean and…

Chevron Sells Stake in Two Angola’s Offshore Blocks to Energean for $260M

Mar 12, 2026

Energean has agreed to acquire Chevron’s interests in two producing offshore blocks in Angola, marking the company’s entry into the West African upstream sector.The agreement covers Chevron’s 31% operated interest in Block 14 and a 15.5% non-operated interest in Block 14K…

Energean, ExxonMobil, Helleniq Energy Explore Block Offshore Greece

Mar 19, 2026

A joint venture by Energean, ExxonMobil and Helleniq Energy has notified Greece it would look for gas in a western offshore bloc, the nation's hydrocarbons management agency said on Thursday, a move that would involve the first test drilling in the country for decades…

Sponsored: Global Energy Leaders to Convene at Egypt Energy Show 2026 to Strengthen Partnerships and Shape the Future of Energy Systems

Mar 30, 2026

The 9th edition of Egypt Energy Show 2026 will take place in Cairo from 30 March to 1 April 2026, bringing together Heads of State, ministers, CEOs and global energy leaders at a pivotal moment for the industry.  His Excellency Abdel Fattah El Sisi…

Qatar Stops LNG Output, Other O&G Fields Shut as War Rages

Mar 02, 2026

Qatar halted its production of liquefied natural gas on Monday as Israeli and U.S. strikes against Iran and Tehran's retaliation prompted precautionary shutdowns of oil and gas facilities across the Middle East.Saudi Arabia shut its biggest domestic oil refinery after a drone strike…

Egypt Instructs International Oil Companies to Double Production by 2030

Feb 11, 2026

Egypt has directed international oil companies to double production by 2030, Energean International CEO Nicolas Katcharov told Reuters on Tuesday, saying existing contracts must be revised to spur new investment.Katcharov said the low gas prices…

Energean Forecasts Lower 2026 Gas Production

Jan 27, 2026

Energean on Tuesday forecast 2026 production of 140-150 thousand barrels of oil equivalent per day (kboed), below last year's numbers, as the gas producer looks to expand operations and boost output amid geopolitical disruptions.Shares of the FTSE-250 company were down 2…

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