Greek exploration and production firm Energean Oil & Gas has secured a US$75 million loan from the European Bank for Reconstruction and Development (EBRD) to support the company’s ongoing $200 million investment plan in the Prinos and Epsilon oil fields offshore northern Greece…
Image: seismic vessel/ Energean Mediterranean and North Africa-focused Energean Oil & Gas completed a new 3D seismic survey over the Prinos oil field and its surrounding licenses, in the Gulf of Kavala…
Energean Oil & Gas announced that it is to conduct a new 3D seismic survey over the Prinos oil field and its surrounding licenses, in the Gulf of Kavala, northeastern Greece. The 3D survey will cover an area of 400sq km and will last approximately three weeks…
LR Senergy has been awarded a number of contracts worth a combined US$7 million in the Middle East, Europe and Asia. The new contracts include work with Abu Dhabi Marine Operating Co. (ADMA-OPCO), the Kuwait Energy Co. and Dragon Oil These…
GMC Ltd. has just completed the basic design of a self-installing buoyant tower for the Prinos field development, located in the northern Aegean Sea, offshore Greece for Energean Oil and Gas. Image from GMC Ltd…
Greece-based exploration firm Energean Oil & Gas has launched a US$225 million investment program to develop 30MMbbl of reserves in North West Greece and to increase production from the Prinos, Prinos North and Epsilon fields to 10,000bbl/day by 2016…
The Ministry of National Infrastructure, Energy and Water of the State of Israel's Petroleum Commissioner informed Modiin Energy that its Gabriella and Yam Hadera offshore licenses have expired due to the company's failure to achieve program milestones…
Greek exploration firm Energean Oil & Gas is starting a €165 million investment program in Prinos, North Prinos and Epsilon in the Gulf of Kavala after acquiring the Energean Force drilling rig. Energean said acquiring the Energean Force…
Cyprus-based Energean E&P Holdings Ltd. has farmed-in and taken over as operator of the Sara and Myra license blocks about 25 mi. off the coast of Israel. [shaded blue in map at right] Six of the seven partners agreed to the farm-in, including Modiin Energy Limited Partnership…
Energean Oil & Gas has announced that the Greek Government has signed license agreements for the Ioannina and Katakolon blocks with the consortia of Energean and Petra Petroleum, for Ioannina, and with Energean and Trajan Oil, for Katakolon…
The Leviathan field consortium has signed a preliminary deal with BG Group to export up to 3.75Tcf of natural gas over a 15-year period to the UK major’s LNG plant in Idku, Egpyt, operator Noble Energy announced. Under the terms of the non-binding letter of intent (LOI)…
Energean Oil & Gas and Mediterranean Oil & Gas have jointly submitted a bid for the exploration and production of hydrocarbons in three areas offshore Montenegro, as part of the country's first offshore licensing round. The First Round…
Ocean Rig and Energean Oil & Gas will create a joint venture called OceanEnergean to participate in new bid rounds for hydrocarbon exploration and exploitation in Greece and abroad in more than 1000m deep water. Each company will hold 50% of the share capital…
Ocean Rig and Energean Oil & Gas are to join forces in order to participate in new bid rounds for exploration and exploitation of hydrocarbons, in Greece and abroad, in more than 1000m deep water. Energean said the companies had agreed to set up a joint venture called OceanEnergean…
Mediterranean-focussed oil and gas explorer Energean Oil & Gas is seeking to increase its exploration and production plans offshore Greece after a cash injection. The firm has had a cash injection of $60million from the newly-created Third Point Hellenic Recovery Fund…
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