The Greek Deal.com
ENERGEAN GROUP
Extension for the license for the exploitation of N. Kavala - How the CO2 storage facility is doing
The Ministry of Environment and Energy has decided to extend until November 23, 2025, the exploitation license for Energean's depleted natural gas field in South Kavala.
The end of the Ioannina project is heralded by the postponement of the earing by the State Court
The first onshore concession that looked like it would go ahead with exploratory drilling in Greece appears to be heading for the wall after a series of bureaucratic delays.
Increase in production and financials - Reduction in carbon footprint in 9 months
Energean reported strong growth in 9M2024, with daily production up 31% year-on-year to 156 thousand barrels of oil equivalent (kboed, 83% in gas) and earnings before interest, taxes, depreciation and amortisation (EBITDAX) of $894 million (+44%)
How the Prinos project is going on - The Israeli natural gas needs
Energean covers more than 50% of Israel's natural gas needs, noted Mathios Rigas, CEO of Energean Group, speaking during a discussion organized at the Greek pavilion at the COP29 conference.
Commission approves €150 million aid for CO2 storage
The Commission has approved, under EU state aid rules, a €150 million Greek measure funded under the Recovery and Resilience Mechanism to support the construction of a coal storage facility in Prinos.
Update on underground CO2 storage in Kavala
The environmental impact of the large project of carbon dioxide (CO2) capture and storage in a depleted deposit in the marine area of Prinos, implemented by EnEarth (a subsidiary of the Energean Group), was the focus of an informative meeting held at the Kavala Region.
October a month of developments
Significant developments from Brussels unlocking the implementation of projects to create a carbon capture and storage market are expected later this month.
CO2 storage in Prinos, crucial for the future of industry in Greece
Nikolas Rigas, Head of Carbon Storage at EnEarth, a division of Energean Group, emphasized the significance of carbon dioxide (CO2) storage in Prinos for the continued operation of the industry in Greece during events held in Athens over the past few days.
New production record in June
Energean achieved a new production record in June, reaching 177 thousand barrels of oil equivalent per day, of which 84% was in natural gas.
Developing the Katlan gas field in Israel
Energean, which declared on Tuesday morning, July 23, on the London and Tel Aviv stock exchanges that it had received the Final Investment Decision (FID) for the project, said that the development of the Katlan gas field in the Sea of Israel is moving forward.
Asks for CO2 storage permit in Prinos
The EnEarth, a division of the Energean Group, has submitted an application for a Prinos, Kavala, carbon dioxide (CO2) storage license.