6 articles
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 is in exclusive talks to acquire BP's upstream oil and gas assets in Egypt, including stakes in West Nile Delta and Temsah concessions, potentially raising $1 billion for BP. This deal expand
Energean and Carlyle are among bidders for BP's West Nile Delta natural gas assets as the company seeks to cut debt. BP currently supplies about 60% of Egypt's natural gas through its joint ventures a
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
ExxonMobil, Energean, and Helleniq Energy will commence exploratory gas drilling in Greece's Ionian Sea in February 2027, marking the country's first offshore exploration in 40 years. The project aims
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