There are around 3 trillion cubic feet (tcf) of estimated potential gas reserves beneath Energean’s current Egyptian platforms, Mathios Rigas, Energean’s CEO told Reuters.
Energean, through Energean Egypt, maintains and operates a full-cycle production, development, and exploration portfolio. It operates and owns 100% of each of Abu Qir concession, North East Almreya and North Idku concessions, in addition to 50 % of East Bir El Nus on-shore concession and a 30% interest in North East Hap’y off-shore concession.
Regarding its revenues, Energean achieved $804 million in H1 2025, compared to $867 million in H1 2024, with adjusted Earnings Before Interest, Taxes, Depreciation, Depletion, Amortization, and Exploration Expenses (EBITDAX) being $505 million.
Energean plc is an international hydrocarbon exploration and production company, with a focus on natural gas.