Energean reported a 45% jump in first-half profit to $160 million, driven by lower taxes and recovered gas production in Israel following operational restarts.
Energean cut its 2026 production forecast to 130-140 thousand boed after a 41-day Israel operation shutdown caused by the Mideast war. Full capacity is expected to resume within 48 hours following the
Energean plans deep-sea drilling off western Greece starting February 2027 with partners including ExxonMobil. The project targets the Asopos structure with potential recoverable deposits of 6-7 trill
ChemBrief