"Energean" News

Israel's Gas Reserves Grew by 40% Over Past Decade, Report Says

Jun 26, 2023

Israel's natural gas reserves have grown by 40% over the past decade due to increased drilling and exploration activities, an industry report said, even as production soared.The growth came amid five-fold growth in offshore gas production since…

Energean Looking to Boost Israel FPSO Capacity

Mar 23, 2023

Gas producer Energean is looking at options to increase the capacity of its floating production storage and offloading (FPSO) vessel off Israel to 12 billion cubic meters (bcm) a year, CEO Mathios Rigas told Reuters on Thursday. The FPSO is…

History Made: Energean Announces First Ever Israeli Crude Oil Export

Feb 14, 2023

Oil and gas company Energean on Tuesday announced the first ever lifting of an Israeli crude oil cargo had taken place at Energean's Karish offshore field. 'For the first time in the history of Israeli oil & gas production, hydrocarbon liquids will be exported to global markets…

Energean and Shell Collaborate on Offshore CCS Study in Egypt

Feb 16, 2023

Oil and gas companies Energean and Shell have signed a memorandum of understanding to explore a decarbonization solution in Egypt involving Shell's LNG plant and Energean's offshore CO2 storage. The proposed partnership is addressing a major CCS feasibility challenge…

Energean's NEA/NI Offshore Gas Project in Egypt Now Online

Mar 09, 2023

Oil and gas company Energean said Thursday that the first gas had been delivered at North El Amriya and North Idku ('NEA/NI'), in the Mediterranean Sea, offshore Egypt. Energean sanctioned the project in January 2021, representing a development…

PGS Wins More Seismic Survey Work in Mediterranean Sea

Jan 23, 2023

Norwegian marine seismic survey firm PGS has won a 3D seismic survey contract in the Mediterranean Sea, the company said on the Oslo stock exchange.PGS said the client was 'an international energy company.'The company's 104.2-meter-long and…

Energean Makes Another Gas Find Offshore Israel. Upgrades Athena Discovery Size Estimate

Nov 07, 2022

Oil and gas company Energean said Monday it had made a commercial gas discovery at the Zeus- 01 prospect, in the Mediterranean Sea, offshore Israel. The company also said that contingent resources at Athena discovery, also in Israel, had been upgraded following post-well analysis…

Energean Starts Gas Production from Karish Field Offshore Israel

Oct 26, 2022

Oil and gas company Energean plc said Wednesday it had started gas production at its Karish gas field in the Mediterranean Sea, offshore Israel.'Gas is being produced from the Karish Main-02 well and the flow of gas is being steadily ramped up…

TotalEnergies Hits Hydrocarbons at North Sea Appraisal Well

Jan 04, 2023

TotalEnergies encountered hydrocarbons upon entering the reservoir during recent appraisal drilling at the Isabella discovery in the UK North Sea, about 270 km southeast of Aberdeen.This was shared by Ithaca Energy, TotalEnergies' partner in the Isabella discovery (P1820) in Block 30/12d-12…

Israel Grants Approval for Energean to Start production at Karish Offshore Gas Field

Oct 25, 2022

Israel granted Energean permission to start production at the  offshore Karish gas field on Tuesday, an Energy Ministry statement said.Energean has said its floating production storage and offloading vessel [the Energean Power - OE ] is due…

Energean Makes Gas Discovery at Hermes Well Offshore Israel

Oct 06, 2022

Oil and gas company Energean said Thursday it had made a commercial gas discovery at the Hermes exploration well in the Mediterranean Sea, offshore Israel.The Hermes exploration well, located in block 31 offshore Israel, has discovered between 7 and 15 bcm of gas…

Energean Begins Gas Flow Testing at Karish Field

Oct 09, 2022

Energean has begun pumping gas to its floating production facility in the offshore Karish gas field as part of reverse flow testing procedures approved by the Israeli government, the London-listed energy group said on Sunday.It said the testing…

Ithaca Energy's London IPO Priced at Bottom of Range

Nov 08, 2022

North Sea oil and gas producer Ithaca Energy's planned initial public offering (IPO) in London is set to be priced at the bottom of the range at 250 pence per share, a bookrunner on the deal said on Tuesday.Ithaca's market debut will be watched…

Sanco Swift Vessel to Carry Out Seismic Survey Offshore Greece

Nov 08, 2022

Greece issued an advisory on Tuesday saying the vessel Sanco Swift will conduct seismic surveys to locate potential natural gas reserves off the Peloponnese peninsula and west and southwest of the island of Crete.Prime Minister Kyriakos Mitsotakis announced the plan during an interview on Monday…

Ithaca Energy Shares Dip after UK's Largest IPO This Year

Nov 09, 2022

Ithaca Energy shares dipped on their London debut on Wednesday after the North Sea oil and gas producer defied volatile markets to deliver Britain's largest initial public offering (IPO) this year, and Europe's fifth biggest. The shares opened…

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