Energean plc is a London-listed international hydrocarbon exploration and production company with a primary focus on natural gas in the Eastern Mediterranean region. Headquartered at 44 Baker Street i... Energean plc is a London-listed international hydrocarbon exploration and production company with a primary focus on natural gas in the Eastern Mediterranean region. Headquartered at 44 Baker Street in London, it operates producing assets and major development projects across Israel, Egypt, Italy, Greece, and Croatia. The company's flagship Karish gas field offshore Israel began production in October 2022, delivering around 6 billion cubic meters of gas annually, while the adjacent Olympus area holds additional discoveries. Other key assets include the NEA/NI producing gas fields in Egypt and the Cassiopea project offshore Italy, anticipated for first gas in 2024. Energean plc reported first-half 2023 production of 105,900 barrels of oil equivalent per day, targeting 200,000 boepd near-term, supported by 1.4 billion boe of 2P reserves providing 19 years of reserve life; gas constitutes about 80% of output. Originally founded as Aegean Energy SA in 2007 in Greece, it evolved through acquisitions like the Karish and Tanin fields in 2016 and Edison's Italian assets in 2019, establishing a gas-centric portfolio that drives regional energy supply and supports long-term cash flow generation.Show lessShow more

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