Ocean Rig and Energean Oil & Gas are to join forces in order to participate in new bid rounds for exploration and exploitation of hydrocarbons, in Greece and abroad, in more than 1000m deep water. Energean said the companies had agreed to set up a joint venture called OceanEnergean…
Energean Oil & Gas plans to increase its exploration and production offshore Greece. The firm received $60 million from the newlycreated Third Point Hellenic Recovery Fund. The cash will fund a four-well program in 2013 with the goal of doubling production to 4000b/d by year end…
Mediterranean-focussed oil and gas explorer Energean Oil & Gas is seeking to increase its exploration and production plans offshore Greece after a cash injection. The firm has had a cash injection of $60million from the newly-created Third Point Hellenic Recovery Fund…
Daljit Gill became COO of Energean Oil & Gas Group, an independent E&P company with operations in Greece and Egypt, on 1 June. He joined from Weatherford International, where he served as VP global business development based in The Netherlands, and had previously worked for Shell and BP.