Energean | Egypt Oil & Gas - Part 2

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, nea...

Energean Restarts Production at Italy’s Rospo Mare Field

Energean Italy has resumed production at the Rospo Mare field in the Adriatic Sea, which had been shut down since January 2025 following a platform fire. Production at the field, located 20 kilometers (km) offshore fr...

Energean Says Its Egyptian Platforms Hold 3tcf of Gas

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, main...

Egypt Solidifies Global Energy Partnerships at Gastech 2025

On the sidelines of the Gastech 2025 Exhibition and Conference in Milan, Karim Badawi, the Minister of Petroleum and Mineral Resources, held meetings with the top executives of a number of international oil and Gas co...

Egypt, Energean Discuss Expanded Energy Cooperation in Egypt

Minister of Petroleum and Mineral Resources, Karim Badawi, held a meeting with Mathios Rigas, CEO of the Greek company Energean, at the Ministry’s headquarters in New Alamein City. During the meeting, both sides...

Chariot Takes Over Energean’s Moroccan Offshore Interests

Chariot Limited, an energy group focused on Africa, announced on May 14 that Energean plc has returned its Moroccan offshore interests to Chariot. The transfer includes Energean’s full stake in a subsidiary that held ...

Badawi Meets with Energean CEOs, Fosters Cooperation Opportunities

Minister of Petroleum and Mineral Resources Karim Badawi met with Mathios Rigas, Chairman and CEO of Energean, and Nicolas Katcharov, CEO and Chairman of Energean International E&P SpA, to discuss advancing cooper...

Energean to Expand Investments in Egypt, Explore More Natural gas in Abu Qir Concession

Energean is planning more investments in Egypt and exploring more gas in the deeper horizons of the Abu Qir concession area in the West Nile Delta region, following the termination of its asset sale deal with Carlyle,...

Energean Pulls Plug on Strategic Sale of Egypt, Italy, Croatia Portfolio After Approval Delays

Energean provided an update on the proposed sale of its portfolio in Egypt, Italy and Croatia to an entity controlled by Carlyle International Energy Partners. As noted in the company’s announcements of 29 August 2024...

Energean Report Indicates Strong Performance in Egypt During 2024

Energean’s performance in Egypt once again proved robust during 2024 with its key Egyptian assets boosting production, according to a company report. The report highlighted that Energean’s production from Egypt,...

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