"Energean" News

Modiin Energy's Israeli licenses expire

Sep 29, 2014

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…

Energean takes on rig for drilling

Jul 25, 2014

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…

Energean named operator offshore Israel

Jun 12, 2014

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…

Greek drilling on horizon

May 15, 2014

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…

Leviathan group signs Egyptian export deal

Jun 30, 2014

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)…

Montenegro offshore bids submitted

May 16, 2014

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, Energean to form JV

Dec 05, 2013

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 enters exploration arena

Nov 05, 2013

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…

Energean to explore Greece

May 16, 2013

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…

Energean explores Greece

Jun 17, 2013

Energean Oil & Gas plans to increase its exploration  and production offshore Greece. The firm received $60 million from the newlycreated Third Point Hellenic Recovery Fund. The cash will fund a four-well program in 2013 with the goal of doubling production to 4000b/d by year end…

Daljit Gill new COO of Energean Oil & Gas Group

Jun 26, 2012

Daljit Gill became COO of Energean Oil & Gas Group, an independent E&P company with operations in Greece and Egypt, on 1 June. He joined from Weatherford International, where he served as VP global business development based in The Netherlands, and had previously worked for Shell and BP.

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