Energean to Close Edison E&P Acquisition by December

• Wednesday, 18th November 2020
• by Editorial Team

Energean’s long-running acquisition deal of Edison E&P is expected to be finalized in December of this year, the company announced in a statement.  “We look forward to completing our acquisition of Edison E&...

Energean Egypt Production Records 38,000 bbloe/d in H1 2020

• Sunday, 13th September 2020
• by Editorial Team

Energean’s Abu Qir’s production recorded 38,000 barrels of oil equivalent per day (bbloe/d) in H1 2020, exceeding 2020 guidance of 34,000 – 37,000 bbloe/d, according to a press release. Despite not finding comme...

Energean Amends Edison E&P Acquisition for $178 MM

• Monday, 29th June 2020
• by Fatma Ahmed

Energean announced that it has received a discount for its acquisition of the Edison E&P, paying only $178 million from an initial $750 million, according to a press release. The company will gain operations in Eg...

Energean, Neptune Terminate Edison Acquisition Deal 

• Wednesday, 20th May 2020
• by Editorial Team

Energean Oil and Gas plc terminated its agreement with Neptune Energy for the acquisition of its Edison Exploration and Production’s (E&P) UK and Norwegian subsidiaries, according to a press release. After backing...