Israel’s gas sector braces for Iranian retaliation on overnight strikes
Israel has shut-in gas production offshore amid concerns the sector will be targeted by Iran revenge attacks.
Energean
Hibiscus issues multi-million pound tenders on Anasuria Teal West
Hibiscus Petroleum (KLSE: 5199) is seeking contractors to drive development of its 10-million-barrel Teal West field.
Energean becomes operator of Wenlock and Tors ahead of decommissioning
Energean has taken over as operator of the Tors and Wenlock fields in the southern North Sea ahead of decommissioning.
Energean starts up Karish North, signs new gas deal
Energean has begun producing gas at Karish North, the company said, while also celebrating the signing of an additional gas sale and purchase agreement.
Chariot lines up drill plans on- and offshore Morocco
Chariot said it was working with Energean on the Anchois development plan. This included negotiating offshore drilling and services for work this year.
Energean on track, despite security concerns
“As we continue to optimise our portfolio, we look forward to enhancing our position as the leading independent gas-focused exploration, development and production company in the region." Energean plans to spend $400-500 million this year.
Energean strikes Chariot deal, targets well in 2024
Energean CEO Mathios Rigas described the deal as “an exciting step in the next stage of our development, one that can only enhance our position as the pre-eminent independent natural gas producer listed in London”.
Israeli security woes slow Karish North oil expansion
However, insecurity in Israel has delayed these plans. Energean said it would install the train once the security situation improves.
ROVOP scores long-term Energean award
Gilmartin said the contract was a “real milestone” that “reflects our strategic approach to breaking into the field support ROV market”.
Energean picks low-cost Olympus option, over Tanin
Olympus will come at a lower cost than Tanin, Energean said, owing to its proximity to the FPSO. As a result, capital expenditure for the next phase of tie-backs will be lower.
Energean brings NEA/NI online
Energean approved the plan in January 2021. As such, the time it took from final investment decision (FID) to first gas is two years and two months.
Energean talks CCS in Egypt with Shell’s Idku plant
The company went on to say there may be opportunities in future to take emissions from other sources, such as fertiliser producers.
First for Israel as Energean exports liquids from Karish
Energean has announced the first ever lifting of an Israeli crude oil cargo from its Karish field, months after the field produced first gas.
Energean sees Israel tripling company production in 2023
Total production for 2022 reached 41,000 barrels of oil equivalent per day, of which 75% was gas. For 2023, Energean forecasts this will increase to 131,000-158,000 boepd. Virtually all of the increase will come from Israel.
CCS: the 1,000-year challenge
Screening legacy wells can be more important than 3D seismic when picking storage areas, Elaine Campbell said. “They provide valuable data but they’re also likely to be the highest risk to containment,” the Storegga official said.
Amid LNG scramble, East Med’s opportunity for Europe
With Qatar at the centre of a “sellers’ market” for LNG, what can the East Mediterranean offer European governments to ease the pressure?
Ithaca confirms hydrocarbons at hotly tipped Isabella appraisal well
Ithaca Energy has announced the presence of hydrocarbons at its much-anticipated Isabella well, though operator TotalEnergies has yet to confirm commercial implications.
Energean adds more gas to its Israeli pantheon
Energean has added another 13 billion cubic metres of gas offshore Israel at its Zeus exploration well, with one more well to drill.
Gas finds helped deliver East Med deal, but inflation is looming
The drive to secure additional energy supplies in the East Mediterranean was a rare case of hydrocarbons aiding, rather than hindering, a political agreement, Energean head Mathios Rigas said this morning.
Energean begins Karish test as border talks reach peak
Israel has approved “certain testing procedures” for Energean, allowing the company to begin tests as its Karish gas field.
Hermes messenger for more at Energean drilling
Energean’s Hermes exploration well has found 7-15 billion cubic metres of gas, encouraging the company on its other prospects and adding another well slot.
Energean bumps up Abu Qir output
Energean has started up a new well on its Abu Qir concession, in Egypt. Abuqir Petroleum, a joint venture of Egyptian General Petroleum Corp. (EGPC) and Energean, has completed a new sidetrack, the NA/Q-PII#6 ST.
Study to explore using North Sea gas platform as nesting site for seabirds
A trio of energy companies have teamed up to look at turning a Southern North Sea gas platform into a home for seabirds.
Should Europe look to the East Med for energy security?
For the first time in decades, we are witnessing an energy crisis the likes of which many of us will have never seen before. Startling levels of volatility across global energy markets are leading governments to implement measures that this time last year would have been unimaginable.
Israel shoots down Hezbollah drones headed for Energean FPSO
Israeli forces have shot down three Hezbollah drones that appeared to be heading for the recently arrived FPSO on the Karish field, in the Mediterranean Sea.