Energean | Egypt Oil & Gas

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 increase in profit after tax to $160 million during the first half (H1) of 2026, according to the company’s ...

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, ac ...

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 ...

Abu Qir Petroleum Maintains Production at 27,900 boe/d in FY 2025/26

Abu Qir Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and london based independent E&P company Energean, maintained average production at around 27,900 barrels of oil ...

MoPMR, Energean Discuss Expanding Meditrranean Gas Production

Karim Badawi, Minister of Petroleum and Mineral Resources, met with Mathios Rigas, CEO of Greek company Energean, to discuss expanding exploration and natural gas production activities in the Mediterranean.

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. The company, which operates natural gas and oil as ...

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 wester ...

Egypt Clears 2025 Arrears to Energean with $80Mn Payment

Energean has received $80 million in outstanding dues from the Egyptian General Petroleum Corporation (EGPC), marking the final settlement for 2025, according to a press release by Energean. The company stated tha ...

Energean Egypt’s Assets Reports “Excellent Performance” in 9m 2025

Energean, the international energy company focused on natural gas exploration and production, announced that its Egyptian assets showed “an excellent performance” during the first nine months of 2025 with producti ...

ExxonMobil Joins Energean, HELLENiQ ENERGY in Ionian Sea Block 2 Through New Farm-In Deal

ExxonMobil, Energean, and HELLENiQ ENERGY Upstream have announced a Farm-In Agreement under which ExxonMobil will acquire a participation interest in the Block 2 concession, located in the northwestern Ionian Sea, ...

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