Operations

  • Israel
  • Greece
  • Egypt
  • Montenegro
  • Infrastructure

Karish

Israel

Karish

Activities: Development/Exploration

Energean Israel, is the Operator of the Karish and Tanin leases, offshore Israel, having a 100% working interest. The Karish and Tanin fields are world class assets with 2,4 TCF of natural gas (contingent resources) and 33 million barrels of light hydrocarbons liquids (contingent resources). The Karish Main Development envisages drilling three wells, using a new Floating Production Storage and Offloading (FPSO) unit that will be installed approximately 90 km away from shore, with 800 mmscf/day capacity. First gas is expected in 2021.

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Tanin

Israel

Tanin

Activities: Development

The Tanin Development will follow the development of Karish and envisages drilling six wells, connected to the same FPSO that will serve Karish.

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Blocks 12,21,22,23 & 31

Israel

Blocks 12,21,22,23 & 31

Activities: Exploration

In December 2017 Energean was successfully awarded five offshore exploration licenses within the Israeli Exclusive Economic Zone (EEZ). The licenses awarded comprise blocks 12, 21, 22, 23 and 31, and are located near the currently producing Tamar gas field and the Karish and Tanin gas fields which are currently moving towards development by Energean.

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Karish North

Israel

Karish North

Activities: Exploration

Energean has planned to drill an exploration well in the Karish North prospect, offshore Israel, with a planned spud date before end-March 2019, subject to necessary approvals.

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Prinos

Greece

Prinos

Activities: Production, Development, Exploration

The Prinos Oil Field is the main structure in the Prinos-Kavala basin, located offshore in the Gulf of Kavala. It covers an area of 6 km2, about 8 km north-west of the Island of Thassos and 18 km south of the mainland Northern Greece , in water 31 metres deep.

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Prinos North

Greece

Prinos North

Activities: Production Development

The Prinos North Oil Field is one of the satellite fields within the Prinos-Kavala Basin. It is located approximately 3 km north of the Prinos Oil Field and about 18 km south-west of the mainland of Eastern Macedonia, Northern Greece, where the water depth is 38 metres.

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Epsilon

Greece

Epsilon

Activities: Development

The Epsilon Oil Field has independently audited 18.4 mmbbls 2P oil reserves and 2.8 Bcf 2P gas reserves.

Epsilon

South Kavala

Greece

South Kavala

Activities: Production

In November 2015, Energean was awarded a 3-year (2+1) extension to the duration of the South Kaval license is implementing a new development plan for the period 2017-2019, expected to cost approximately US$1.5 million.

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Katakolo

Greece

Katakolo

Activities: Development

In November 2016, Energean and the Greek Ministry of Energy agreed the conversion of the exploration license for the proven West Katakolo offshore field to a 25-year exploitation license. The West Katakolo Exploitation Area is part of the Katakolo Concession and covers a 60 km2 area with 10,5 mmbls 2P reserves audited independently.

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Ioannina

Greece

Ioannina

Activities: Exploration

On March 31 2017, Energean agreed to farm-out to Repsol a 60% working interest in the Ioannina block, Western Greece. Repsol has become the Operator and a 2D seismic survey over the block is now in progress.

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Aitoloakarnania

Greece

Aitoloakarnania

Activities: Exploration

Energean owns 100% of the Aitoloakarnania onshore block, Western Greece. The Company has agreed to farm-out to Repsol a 60% working interest in the Ioannina block, Western Greece. Repsol will be the Operator.

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About

Egypt

About

Activities: Exploration

Energean has been operating in Egypt since 2010. The company seeks opportunities to invest in country’s hydrocarbon sector and evaluates a wide range of onshore and offshore projects.

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Block 26

Montenegro

Block 26

Activities: Exploration

In March 2017, Energean Oil & Gas signed a Concession Agreement with the State of Montenegro for hydrocarbons exploration and exploitation in offshore blocks 4219-26 and 4218-30.

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Block 30

Montenegro

Block 30

Activities: Exploration

In March 2017, Energean Oil & Gas signed a Concession Agreement with the State of Montenegro for hydrocarbons exploration and exploitation in offshore blocks 4219-26 and 4218-30.

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Offshore

Infrastructure

Offshore

Activities: Prinos oil field

The Prinos oil field covers an area of approximately 4 km2 and it is located offshore in the Gulf of Kavala, 8 km west of the island of Thassos and 18 km south from the main coast.

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Onshore

Infrastructure

Onshore

Activities: Processing plant,

The processing plant, designated as Sigma, is located 14 km east of the city of Kavala and 18 km north of the Prinos platform complex. It consists of facilities for the final processing of the oil and gas streams, from the offshore facilities, into stabilized crude oil, natural gas, natural gas liquid and elemental sulphur.

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Drilling Rig

Infrastructure

Drilling Rig

Activities: 15-well drilling programme

Energean Oil & Gas bought from KCA Deutag the self-erecting drilling tender rig “Glen Esk” on August, 2014.

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Valiant Energy PSV

Infrastructure

Valiant Energy PSV

Activities: Offshore supply ship

Valiant Energy was constructed in Norway to DNV GL standards and has participated in oil & gas activities in the North Sea. At 1,800 DWT and 62.5 meters in length, it is the first supply ship of its size to arrive in Greece.

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Pipelines

Infrastructure

Pipelines

Activities: Transportation of hydrocarbons

New Self-Installing Platform

Infrastructure

New Self-Installing Platform

Activities: SIP-2 concept

A new Self-Installing Platform (SIP 2), “Lamda”, is due to be installed in H2 2017 to serve the Epsilon Oil Field development in the Gulf of Kavala and support the Energean Force’s tender assist drilling program.

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Auxiliary process systems

Infrastructure

Auxiliary process systems

Activities: Process systems