Energean | Egypt Oil & Gas - Part 5

Energean Posts Strong Results for H1 2020

International oil and gas exploration and production company, Energean, has recorded strong results for the period ended 20 June 2020 including production levels of 52,100 barrels of oil equivalent per day (boe/d) ...

UOG Appoints Iman Hill as Independent Non-Executive Director

United Oil & Gas PLC (UOG) has appointed Iman Hill as an Independent Non-Executive Director, according to a press release.

Energean Amends Edison E&P Acquisition for $178 MM

Energean announced that it has received a discount for its acquisition of the Edison E&P, paying only $178 million from an initial $750 million.

Energean, Neptune Terminate Edison Acquisition Deal 

Energean Oil and Gas plc terminated its agreement with Neptune Energy for the acquisition of its Edison Exploration and Production’s (E&P) UK and Norwegian subsidiaries.

Energean Excludes Algeria’s Assets From Edison Acquisition

Energean Oil and Gas PLC and Edison E&P excluded Edison’s Algeria assets from the scope of the acquisition.

Energean FPSO Hull Departs from China

Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, announced that its FPSO departed from the COSCO yard in China.

Energean Enters SPA to Sell Edison’s UK, Norwegian Subsidiaries to Neptune

Energean Oil and Gas plc has entered a conditional Sale and Purchase Agreement (SPA) to sell the UK and Norwegian subsidiaries of Edison Exploration and Production (E&P).

Energean Acquires Edison for $750 MM

Edison exploration and production (E&P)’s portfolio of assets includes producing in in the growing eastern Mediterranean gas hub, with a significant presence in Egypt’s offshore basin.

Energean to Buy 45% Stake in Gaza Marine Field

Energean is ready to purchase a 45% stake in the offshore Gaza Marine gas field, pending approval by Palestinian and Israeli authorities.

Greece’s Sole Oil Producer Increase Output by 30%

Greece's sole oil producer, Energean Oil & Gas, has stepped up daily production by about 30% since January, as the debt-ridden country seeks to tap into its limited oil reserves.

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