Construction of the Energean Power FPSO, destined for Energean's Karish field off Israel, has recently reached what has been described as a 'major milestone' with the installation of the flare on the FPSO in a Singapore shipyard.Technip Energies…
Energean, an oil and gas company focused on developing its Karish gas field offshore Israel, has signed agreements to sell more gas from the project.The company said Thursday its 70 percent-owned subsidiary Energean Israel had entered into a…
Oilfield services giant TechnipFMC has secured more offshore oil and gas work with the oil and gas company Energean.After it in March 2018 received a $1.36 billion EPCI contract from Energean to supply an FPSO for the Tanin/Karish gas fields offshore Israel…
Chinese oil company CNOOC has failed to unearth commercial quantities of hydrocarbons at the Glengorm South well in the UK North Sea.Energean, a partner in the Glengorm project, said Thursday that 'the Glengorm South appraisal well contained no commercial hydrocarbons…
Mediterranean Sea-focused oil and gas firm Energean has entered into an agreement to buy Kerogen’s 30% shareholding in Energean Israel, which would result in Energean owning a 100% stake in the company.Energean Israel holds a 100% working interest in the Karish and Tanin leases…
AbuQir Petroleum, a joint venture between Energean and Egypt's EGPC, has signed an integrated EPCI contract with offshore services provider TechnipFMC for a subsea tie-back located offshore Egypt. The contract covers the Engineering, Procurement…
Mediterranean Sea-focused oil and gas company Energean has taken Final Investment Decision ('FID') on the Karish North gas development, offshore Israel.The gas discovery was announced in April 2019. In November 2020, DeGolyer and MacNaughton…
Oil and gas company Energean has completed its takeover of Total’s entire 50% interest and operatorship in Block 2, offshore Western Greece. Coupled with the 25% working interest that Energean bought through the recent acquisition of Edison E&P…
Norwegian oil and gas company Sval Energi said Thursday it had completed the $300 million acquisition of Edison Norge.The deal, first announced in December 2020, sees HitecVision-backed Sval acquiring ten production licenses on the Norwegian continental shelf…
Mediterranean Sea-focused oil and gas company Energean is looking to take full ownership of its 70 percent-owned subsidiary Energean Israel.The company said Monday it had entered into an exclusivity arrangement with an affiliate of Kerogen Capital…
Energean said on Thursday the first gas from its flagship Israeli fields, due to start flowing at the end of this year, could slip by two to three months.The company said this was due to delays to increasing the workforce that is building its floating production…
Oil and gas company Energean on Thursday announced that Final Investment Decision has been taken on the North El Amriya and North Idkunea (“NEA/NI”) concession subsea tieback project offshore Egypt. The NEA concession contains two discovered…
Oil and gas company Energean has said it has completed its acquisition of Edison Exploration & Production from Edison.The gross consideration for the transaction, as at the locked box date of 1 January 2019, is $284 million and the final net consideration (net of cash acquired)…
Mediterranean-focused oil and gas firm Energean said Tuesday the size estimate of its gas fields off Israel has been increased to 729 MMboe, following the completion of an independent Competent Persons Report by DeGolyer and MacNaughton.The CPR report which certifies 98…
Mediterranean-focused oil and gas company Energean has signed agreements to sell more gas from its Karish gas development off Israel.Energean said Wednesday it had signed two gas sales deals which, combined, represent quantities of gas of up to 1…
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