News
February 14, 2023
While the country began sending natural gas abroad several years ago, its oil production has never been significant. The Karish deposit in the eastern Mediterranean Sea is Energean’s flagship project and has been pumping gas since last year.
News
January 30, 2023
The partnership marks QatarEnergy’s first exploration endeavor in Lebanon and confirms exploratory basin interests in the Eastern Mediterranean. Eni and TotalEnergies will hold a 35% interest after the transfer.
News
December 22, 2022
Trillion’s 49% share of gas sales from South Akcakoca-2 and Akcakoca-3, before royalties for November 2022, was $1,412,073. Based on the first 15 days of December gas production for both wells, gas revenue for December will be about $2.1 million.
News
December 21, 2022
The Zeus-1 well encountered 105 meters of net gas pay in carbonate reservoirs that re-enforces the area’s promising outlook and development.
News
November 15, 2022
TotalEnergies SE and Eni SpA are preparing to explore for natural gas in previously contested waters off the coasts of Lebanon and Israel, following last month’s accord between the two nations.
News
October 27, 2022
Lebanon and Israel have signed a U.S.-brokered deal that ends a dispute over gas-rich waters in the Mediterranean, paving the way for the development of energy resources.
News
October 03, 2022
American operator Zion Oil and Gas continues to be optimistic about a wildcat well it has drilled onshore Israel.
News
June 20, 2022
Energean plc announced that it has extended its growth drilling program by exercising its options to drill two further wells with Stena Drilling Limited and to provide an update on the initial results of the KM-04 appraisal well.
News
June 02, 2022
The Spanish engineering company Saitec has announced its interest in developing a pre-commercial pilot park with 5 units and a total potential of 50MW in the Mediterranean Sea in 2025.
News
May 31, 2022
Iran’s seizure of two Greek oil tankers in the Persian Gulf raises the risk of further interruptions to shipments from a region that’s a vital source of global energy supplies.
News
May 27, 2022
Iranian forces seized two Greek oil tankers in the Persian Gulf in apparent retaliation for the detention of vessel off the coast of Greece.
News
April 15, 2022
Russian tanker operator Sovcomflot PJSC is set to close its Cyprus-based payment center as a result of sanctions imposed on Russia for its invasion of Ukraine, according to people familiar with the matter.
News
April 15, 2022
Romania is moving ahead with a plan to unlock stalled natural gas projects in the Black Sea as Europe searches for new energy resources to cut reliance on Russia following its invasion of Ukraine.
News
March 14, 2022
Energean announced a step in the continued development of its Israeli natural gas operations, signing a supply agreement with the Israel Electric Company, the largest Israeli buyer of natural gas.
News
January 10, 2022
The U.S. is backing natural gas and low-carbon power sources as it seeks to improve the eastern Mediterranean’s energy ties to Europe and promote stability in the region.
News
December 02, 2021
Turkey threatened to block any unauthorized search for gas and oil in its economic exclusive zone in the eastern Mediterranean after Cyprus awarded hydrocarbon exploration and drilling rights in its offshore block 5 to a venture of Exxon Mobil and Qatar Petroleum.
News
November 16, 2021
Israel should cancel the oil pipeline deal with a group of United Arab Emirates investors out of environmental concerns, the country’s minister of energy said, casting doubt over a politically-sensitive agreement that tests new diplomatic relations.
News
October 15, 2021
Turkish Petroleum has awarded Schlumberger a significant contract for the engineering, procurement, construction and installation (EPCI) of end-to-end production solutions for the Sakarya gas field, Turkey’s largest gas reserve.
News
October 15, 2021
Israel said it’s unlikely to expand natural-gas exports even as countries across Europe clamor for more supply amid a severe energy crunch.
News
September 27, 2021
A recently discovered natural gas field in the Black Sea is set to provide nearly a third of Turkey’s domestic needs when it reaches peak production capacity by 2027, Energy Minister Fatih Donmez said, unveiling details of his ambitious timeline to bring last year’s find on stream.
News
September 16, 2021
Halliburton will collaborate with Energean to economically and safely deliver exploration, appraisal, and development wells offshore Israel.
