At a Glance
Established in 2007, Energean is a London Premium Listed FTSE 250 and Tel Aviv TA-25 Listed E&P company with operations across the Mediterranean and UK North Sea. Since IPO, Energean has grown to become the leading independent, gas-focused E&P company in the Greater Mediterranean region, with a strong production and development growth profile, reaching 150k boepd in 2023. The Company explores and invests in new ideas, concepts and solutions to produce and develop energy efficiently, at low cost and with a low carbon footprint
Energean has a balanced portfolio of production development and exploration assets, throughout the strategically vital Greater Mediterranean region. The combination of local and regional energy security and connected industrial and socio-economic drivers means a constant long term demand for reliable supplies of natural gas across the region.
With a proven track record of growing reserves, both organically and through acquisition, Energean is focused on maximising production from its large-scale gas-focused portfolio to deliver material free cash flow and sustainably maximise total shareholder returns. As of 2023, 2P reserves are 1.2bn boe. Max production in 2023 was150k boepd.
ESG and health and safety are at the heart of Energean’s operations, which focus on safety and reliability. Energean is committed to reducing emissions in line with the Paris Agreement and was the first E&P in the world to announce a net zero 2050 target and has continued to materially reduce its CO2 intensity.