"Energean" News

Energean Restarts Production at Rospo Mare Field in Adriatic Sea

Oct 15, 2025

Energean Italy, a subsidiary of London-based Energean, has restarted production at the Rospo Mare field in the Adriatic Sea.The Rospo Mare field, which was shut down since January 2025, has restarted production on October 12, 2025, with full…

Energean Nets $4B in New Israeli Gas Offtake Deals

Sep 11, 2025

Eastern Mediterranean focused gas producer Energean secured $4 billion worth of new Israeli gas offtake contracts in the first half of the year, the group said on Thursday, bringing its contract pipeline to $20 billion over the next two decades…

Energean Lowers Annual Output Forecast for Second Time

Sep 11, 2025

British gas producer Energean cut its annual production forecast for the second time in nearly four months on Thursday, hurt by the temporary suspension of production in Israel in June.Production for 2025 is now expected at 145,000 to 155,000 barrels of oil equivalent per day (boepd)…

Chevron, Israeli Operator Set to Start Building New Gas Pipeline to Egypt

Sep 17, 2025

Chevron has signed a deal with state-owned pipeline operator Israel Natural Gas Lines to kickstart construction of the Nitzana natural gas pipeline to transport gas from the Leviathan gasfield to Egypt, the U.S. company said on Tuesday.Nitzana would ease an energy crisis in Egypt…

Energean Makes FID for Croatian Offshore Gas Field in Adriatic Sea

Jul 30, 2025

British gas producer Energean has taken the final decision to invest in the Irena gas field in the North Adriatic Sea off Croatia, it said on Wednesday.The gas field is located in the Izabela concession, an offshore gas development area in the North Adriatic Sea…

Energean Set to Put FPSO at Karish Field Back Into Production

Jun 25, 2025

Energean has received notice from the Israeli Ministry of Energy and Infrastructure, instructing the safe restart and resumption of production and operations at its Energean Power floating production, storage and offloading (FPSO) unit.Energean…

Israel Orders Energean to Halt FPSO Production as Iran Launches Counterstrikes

Jun 13, 2025

British gas producer Energean said on Friday it has temporarily suspended the production and activities of its Power floating production storage and offloading (FPSO) located offshore Northern Israel due to the geopolitical escalation in the Middle East…

Israel's Leviathan Gas Field to Resume Production in Next Few Hours

Jun 25, 2025

Israel's NewMed said on Wednesday the Leviathan natural gas field that supplies gas to Egypt and Jordan, shut down nearly two weeks ago due to the Iran-Israel conflict, would resume operations in the next few hours.Two of Israel's three gas…

Egypt Still on Hold as Israel Resumes Limited Gas Exports

Jun 20, 2025

Israel has resumed limited natural gas exports from surplus supplies, the country's Energy Ministry said on Thursday, nearly a week after shutting down two key offshore fields as Israel and Iran waged an air battle.A ministry spokesperson told Reuters that exports are now resuming 'from surpluses…

Israel to Restart Gas Exports After Military Deems It Safe

Jun 19, 2025

Israel will resume its natural gas exports when the country's military believes it would be safe to do so, Israel's Energy Ministry Eli Cohen said on Wednesday, as an air battle between Israel and Iran entered its sixth day.Two of Israel's three…

Energean, Carlye Deal at Risk of Falling Through as Deadline Looms

Mar 17, 2025

A deal for Carlyle to buy assets from Energean for up to $945 million is at risk of collapse as some regulatory hurdles are yet to be cleared ahead of a deadline this week, Energean said on Monday.The two companies reached an agreement last…

Energean Cancels $945M Deal with Carlyle Over Approval Delays

Mar 21, 2025

UK-based gas producer Energean on Friday it was terminating a deal with private equity fund Carlyle for the sale of some of its assets due to delays in obtaining regulatory approvals in Italy and Egypt.The two companies struck a $945 million…

Second Oil Train for Energean Power FPSO Completes Lift-Off (Video)

Oct 29, 2024

Oil and gas company Energean has lifted the second oil train for its floating production, storage, and offloading (FPSO) unit operating in the Mediterranean Sea, offshore Israel.The post-lift, installation and commissioning activities are expected to take up to six months to complete…

Energean Pushing for More Oil and Gas Exploration Licenses Off Israel

Nov 29, 2024

The CEO of Israel-focused gas producer Energean on Thursday urged Israel to issue new offshore oil and gas exploration licences to meet rising demand in the region.Speaking to Reuters, Mathios Rigas also called on governments to develop new export routes from Israel to neighbouring Egypt and Cyprus…

Energean Makes FID for Katlan Development in Mediterranean Sea

Jul 23, 2024

Oil and gas company Energean has taken final investment decision (FID) for the Katlan development project in Israel, outlining the plan for the first gas in the first half of 2027.The Katlan area will be developed in a phased approach through a subsea tieback to the existing Energean Power FPSO…

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