With the successful completion of its first major debt financing, Pandion Energy has established a solid financial platform for continued investments in the company’s high-quality asset portfolio and future growth. Pre-qualified as a licensee on the Norwegian continental shelf in June 2017, the company currently...
Following the Company’s successful IPO on the London Stock Exchange, Energean takes FID to proceed with its $1.6 billion Karish & Tanin development offshore Israel. Energean Oil & Gas PLC (“Energean” or “the Company”; ENOG:LN) is pleased to announce that its Board of Directors has approved...
The Senior Credit Facility, led by Morgan Stanley, Natixis, Bank Hapoalim and Societe Generale is a key milestone in financing the development of Karish, part of the Company’s flagship Karish and Tanin project. Please refer to the official company announcement for further details: https://www.energean.com/media/press-releases/...
The new GSPAs will bring total contracted volumes from the Karish and Tanin development project to more than 4 BCM per year, surpassing the Company’s initial targeted sales volumes and creating significant additional value. Energean Oil & Gas (“Energean” or “the Company”) is pleased to announce...
Pandion Energy AS (Pandion Energy) has entered into an agreement with Aker BP ASA (Aker BP) to acquire a 10 percent interest in the Valhall area, including licences PL006B, PL033 and PL033B. Since production commencement in 1982, the Valhall field continues to be one of the...
ENGIE E&P, the operator of the Cara-licence (PL 636) in the Norwegian sector of the North Sea has increased the resource estimate for the Cara discovery to 56 – 94 million barrels of oil equivalent. Cara is a gas and oil discovery in PL636 in block...