Energean | Egypt Oil & Gas - Part 3

Energean Determined to Close Egypt, Italy, Croatia Asset Sale Despite Regulatory Delays

Energean announced that it remains committed to closing its portfolio sale in Egypt, Italy, and Croatia to Carlyle International Energy Partners, despite significant delays in obtaining the necessary regulatory approv...

Sayma Cox Joins Energean Board as Independent Non-Executive Director

Energean announced that Sayma Cox will be joining its Board as an Independent Non-Executive Director, effective 1 March 2025. With 27 years of global experience in the energy sector, Sayma brings a wealth of expertise...

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. During ...

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 deve...

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. The project’...

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 Director-...

Energean Announces $945M Sale of Egyptian, Italian, and Croatian Assets to Carlyle

Energean plc has announced that it entered into a binding agreement for the sale of its portfolio in Egypt, Italy and Croatia to an entity controlled by Carlyle International Energy Partners (“Carlyle”) for an enterpr...

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

Energean has met success at the Abu Qir infill well drilling campaign in Egypt, encountering around 270 feet of net pay across the BKES-1 formation and Abu Madi formations, around two times initial expectations. The c...

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

Minister of Petroleum and Mineral Resources Tarek El Molla has met with Mathios Rigas, CEO of Energean. The meeting discussed Energean’s plans to develop and increase natural gas production from its areas of operation...

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. The meeting discussed the company’s plans during the coming period to develop and increase natural gas prod...

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