Energean advances Greece’s first offshore exploration well efforts
The company targets April 2027 drilling for the Asopus-1 prospect and highlights potential European energy impacts from estimated reserves.
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Oil and gas exploration and production company
energean.comLast updated
In short: Energean advanced its Katlan and Greek gas projects, posted higher H1 profit with record output, and pursued Egypt and Angola deals amid regional conflict.
The company targets April 2027 drilling for the Asopus-1 prospect and highlights potential European energy impacts from estimated reserves.
The Energean Power FPSO's second oil train increases liquids processing to 31,000 bopd, enhancing shareholder value.
This milestone operation, the first in 45 years, targets 270 bcm of gas and is expected to start in February 2027.
Block 2 in Ionian Sea could test Greece's offshore potential for first time in decades, with drilling set for February 2027.
First-half profit after tax reached USD 160.00 million, up 45.00 percent year over year. Production guidance of 130,000 to 140,000 boe/d frames Energean stock. Energean...
Katlan development is progressing with drilling, subsea infrastructure and FPSO upgrades to produce gas in the Eastern Mediterranean from 2027.
H1 profit after tax reached USD 160 million, up 45.00 percent year over year. Energean stock costs E...
Cairo has pushed back against BP's proposed asset sale to Energean, while greenlighting other upstream takeovers. Egypt is cautious over who could manage BP's strategic...
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