Energean | Egypt Oil & Gas
Energean Records 45% Rise in H1 2026 Profit
Energean plc, a London-based independent exploration and production company, reported a 45% year-on-year (YoY) increase in profit after tax to $160 million during the first half (H1) of 2026, according to the company’...
Energean to Invest $150Mn to Consolidate Egyptian Assets, Boost Exploration
Energean, a London-based independent exploration and production company, is advancing the consolidation of its Abu Qir, North El Amriya (NEA) and North Idku (NI) concessions into a single concession framework, accordi...
Reuters: Energean Eyes bp’s Egyptian Oil and Gas Assets
Energean, a London-based independent exploration and production company, is in exclusive talks to acquire some of British Petroleum (bp)’s upstream oil and gas assets in Egypt in a deal that could reach $1 billion, Re...
Abu Qir Petroleum Maintains Production at 27,900 boe/d in FY 2025/26
Abu Qir Petroleum Company, a joint venture (JV) between the Egyptian General Petroleum Corporation (EGPC) and the london based independent E&P company Energean, maintained average production at around 27,900 barre...
MoPMR, Energean Discuss Expanding Meditrranean Gas Production
Karim Badawi, Minister of Petroleum and Mineral Resources, met with Mathios Rigas, CEO of Energean, a London-based energy company, to discuss expanding natural gas exploration and production in the Mediterranean. The ...
Energean Lowers Production Guidance in 2026, Dividend Amid Israel Disruptions
Energean lowered its 2026 production guidance and reduced its dividend after a 41-day suspension of operations in Israel weighed on its first-quarter performance, Reuters reported. The company, which operates natural ...
ExxonMobil-Led Consortium to Launch Offshore Drilling in Greece with Stena Drilling
A consortium comprising US oil major ExxonMobil, Energean, and Greece’s leading refiner Helleniq Energy is set to sign a contract with Stena Drilling to initiate exploratory drilling in an offshore block in western Gr... Egypt Clears 2025 Arrears to Energean with $80Mn Payment
Energean has received $80 million in outstanding dues from the Egyptian General Petroleum Corporation (EGPC), in early January, according to a statement by Energean. This settlement is part of a broader state initiat... 
