Energean Oil & Gas expects to make a final investment decision (FID) for the Karish and Tanin fields offshore Israel in early 2018 as new gas sale purchase agreements (GSPAs) provide further momentum for the FID. Karish and Tanin fields…
The Israeli Petroleum Commissioner has awarded Energean Oil & Gas five offshore exploration licenses covering Blocks 12, 21, 22, 23, 31, which were available for bidding in Israel’s first offshore bidding round. Each license has an initial exploration period of three years…
Mediterranean explorer Energean Oil & Gas praised the “untapped potential” of its two blocks offshore Montenegro, which may hold 1.8 TCF of gas and 144 MMboe of liquids (438 MMboe in total), according to a new report by Netherland Sewell & Associates (NSAI)…
Companies from India and Greece including ONGC and Energean are among those who have made bids for blocks in Israel's first offshore lidding round. The round closed yesterday. Israel's Ministry of Energy said it had received bids from…
Energean Oil & Gas has received the green light from Greek authorities for the Kataloko field development plans (FDP) offshore Western Greece. Map of Katakolo, from Energean. Katakolo…
With decommissioning an inevitability, what to do with platforms once production ceases is a hot topic. Karen Boman surveys new ideas for life after production. Once upon a time, it seemed that the only thing to do with aging offshore infrastructure was to rip it out…
The field development plan for the Karish and Tanin fields offshore Israel has been approved by the Israeli Petroleum Commissioner. Energean Israel, a 50/50 joint venture between Energean Oil & Gas and Kerogen Capital, plan to drill three wells…
Energean Oil & Gas has submitted the field development plan (FDP) for the Karish and Tanin natural gas fields offshore Israel, with a target of reaching a final investment decision by the end of the year, and first gas by 2020. Map of Karish and Tanin…
Greek Authorities have cleared a Total-led joint venture, and Energean Oil & Gas to explore two separate areas offshore Crete. The Greek Minister of Environment and Energy George Stathakis, approved the applications of the consortium led by Total…
Energean Oil & Gas stands to gain a US$50 million investment from Kerogen Capital for its Karish and Tanin gas fields, offshore Israel. The move could see the independent private equity fund manager take a 50% stake in Energean’s Israeli subsidiary…
Energean Oil & Gas has signed US$19 million exploration and production contract with State of Montenegro for two blocks off the Montenegrin coast. Rigas, Sekulic signing the exploration contract…
Energean has closed its deal with Delek Group, Avner Oil Exploration, and Delek Drilling for 100% stake in the I/16 Tanin and I/17 Karish leases, offshore Israel, paving the way for Energean to stick to its plan of first oil at the two fields in 2020…
Energean Oil & Gas has appointed TechnipFMC as the concept and front-end engineering design (FEED) contractor for the Karish and Tanin development program, offshore Israel. The move follows Energean’s decision to develop the fields using a floating production…
Energean Oil & Gas is planning to develop the Israeli Tanin and Karish gas and condensate fields using a floating production solution, the firm announced in a press conference today. Energean says it will submit a formal field development plan (FDP) for both fields…
Greece-based explorer Energean Oil & Gas said it is planning to achieve first gas from the Tanin and Karish fields offshore Israel by 2020. The firm, in which the Petroleum Council of Israel has approved its US$148 million acquisition of 100% of the two fields…
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