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Greek energy firm Energean is engaged in exclusive negotiations to purchase BP’s upstream oil and gas operations in Egypt. The potential deal would significantly expand Energean’s production footprint in the Eastern Mediterranean region.
Energean, an energy company, has reduced its output guidance and dividend payments, citing impacts from the ongoing conflict in the Middle East.
Final signatures are expected in April between Energean and Stena Drilling for the lease of a rig to conduct the first exploratory hydrocarbon drilling in 'block 2' of the northwestern Ionian Sea.
ExxonMobil, Energean move to next exploration phase eKathimerini.com
Energean announced on Thursday it would acquire Chevron’s two offshore Angola oil blocks for a base consideration of 260 million dollars. Energean: Strategic entry offshore Angola via acquisition of…
Energean has been granted a license by the Hellenic Hydrocarbon and Energy Resources Management Company (EDYEP) for carbon dioxide storage in the Prinos area.
The ongoing Middle East conflict has impacted Energean, leading to a lowered full-year guidance and a cut in its dividend. This reflects the broader economic and operational challenges posed by regional instability.
ExxonMobil and Energean are set to begin offshore oil and gas exploration activities in Greece, marking a new phase in the country's energy development efforts.
Greece is accelerating hydrocarbon drilling in the northwestern Ionian Sea, targeting February 2027, with an agreement for a drillship expected to be signed in April by a consortium including ExxonMobil, Energean, and HelleniQ Energy, alongside the start of environmental studies.
A consortium including Energean, ExxonMobil, and HelleniQ Energy has officially submitted notification to proceed with the second phase of research work in the 'Block 2' offshore plot in the northwestern Ionian Sea for hydrocarbon exploration.
Energean is strategically entering the Angolan market by signing an agreement to acquire a 31% stake in Chevron's Block 14 and a 15.5% stake in Block 14K, both located in offshore areas of Angola.
EnEarth, a subsidiary of Energean, is developing a Carbon Capture and Storage (CCS) project in Prinos, Greece, to create a CO2 storage hub. This initiative highlights the role of CCS technology in combating climate change.
Energy giants ExxonMobil, Energean, and Helleniq are set to sign a new drilling deal, indicating further developments in the energy sector.
ExxonMobil, in partnership with Energean and Helleniq Energy, is on track to begin exploratory drilling in the Ionian Sea in the first quarter of 2027, marking Greece's first offshore hydrocarbon exploration in 40 years.
Energean announced a temporary suspension of production in Israel, while also reporting strong financial and operational performance for 2025, demonstrating resilience despite a challenging environment.
Paving the way for the first exploratory drilling in Greece in 45 years - The ExxonMobil-Energean-Helleniq Energy consortium and the target for a 200 bcm gas field The post ExxonMobil clears…