Cypriot firm Ocean Energean Oil and Gas is to buy 100% interest in the Tanin and Karish fields in the Mediterranean Sea, offshore Israel, for US$148.5 million. Delek Group, Avner Oil Exploration and Delek Drilling have agreed to sell their 26…
Greek explorer Energean Oil & Gas has reached an agreement with the Ministry of Economy of Montenegro upon Hydrocarbons Exploration and Production for offshore blocks 4219-26 and 4218-30. The proposed concession contract, joint operating…
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…
Production from the Prinos and Prinos North oil fields, offshore northeast Greece has exceeded 4000 b/d, a two fold increase compared to the 2000 b/d produced before the start of an ongoing investment program, according to operator Energean Oil & Gas…
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…
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…
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 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…
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…
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…
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.
Subscribe
