Energean | Egypt Oil & Gas

Energean Reports 47% Revenue Surge in H1 2024 Reaching $867M

Energean has achieved a 47% increase in Revenues during the first half of 2024 (H1 2024) amounting to $867 million up from $588 million in the same period last year, mainly driven by an increase in production.  

Badawi Discusses Energean’s Gas Exploration Progress in the Mediterranean

Minister of Petroleum and Mineral Resources Karim Badawi has met with Nicholas Katcharov, CEO & Chairman of Energean International E&P S.p.A and Energean Egypt's Country Manager, to follow up on the developments i ...

Energean Applies for Carbon Storage Project Offshore Greece

EnEarth, a subsidiary of Energean Group, has submitted an application for a CO2 Storage License at Prinos, Kavala, NE Greece, to EDEYEP, Hellenic Hydrocarbons and Energy Resources Management Company.

El Molla Welcomes The Carlyle Group to the Egyptian Oil, Gas Sector

Minister of Petroleum and Mineral Resources Tarek El Molla has met with James Robert Maguire, Managing Director and Partner at The Carlyle Group; Mathios Rigas, CEO of Energean; and Parminder Singh, Managing Direc ...

Energean Encounters Success at the Abu Qir Infill Well Drilling Campaign in Egypt

Preliminary analysis indicates gas-initially-in-place (“GIIP”) volumes of approximately 87-129 Bcf1 based on the P90 to P10 range. The well also encountered a possible liquids column of around 55 feet of net pay t ...

El Molla, Rigas Review Energean’s Development Plans in Egypt

The meeting discussed Energean’s plans to develop and increase natural gas production from its areas of operation in Egypt in the Mediterranean region during the coming period.

El Molla, Energean CEO Hold Talks on Investments, Carbon Removal at COP28

Minister of Petroleum and Mineral Resources Tarek El Molla has met with Mathios Rigas, CEO of Energean.

Energean Announces Positive Trading Update in 2023

The company's overall production reached 150,000 barrels of oil equivalent per day (boe/d) in the past few days.

Energean H1 2023 Report Indicates Positive Results in Egypt

Energean announced half year results for the period ending up in June 30. The company achieved positive results at the second and third NEA/NI development wells in Egypt. This helped reinforce the company’s view t ...

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