At a Glance
Energean (LSE:ENOG, FTSE 250, TASE:אנאג, TA-90) is a London-based independent E&P company focused on developing resources in the Mediterranean and UK North Sea. Energean is committed to sustainable development and to be a net zero emitter by 2050. The company also strives to meet United Nations' 17 Sustainable Development Goals through its day-to-day operations and a wide range of CSR initiatives.
The Company operates production, development and exploration assets and running projects in nine countries in the Med and the North Sea with an excellent HSE track record.
Energean has a 80% gas weighted portfolio with 982 MMboe 2P reserves.
Production comes mainly from the Abu Qir fields in Egypt, and fields in Italy, Greece, Croatia and the UK. Energean's flagship development assets are the multi-tcf Karish, Karish North and Tanin gas fields, offshore Israel.
Energean is also developing the North El Amriya/ North Idku fields in Egypt.
In addition, the Company has significant exploration potential which provides the basis for future organic growth.