In February, he commissioned Saipem the contract for the execution of the two drilling, which provides for the possibility of carrying out two more
Energean Plc is proceeding in a new drilling program in the Israeli Sea, with the first two drilling “Athena” and “Zeus” being part of the growth of the Katlan natural gas deposit.
In a statement on the new drilling program it issued to the London and Tel Aviv stock markets on Thursday, March 20, Energean reports that these drillings will produce 26 billion cubic meters (BCM) of natural gas and, in total, 170 million barrels.
He adds that in February, he commissioned Saipem the contract for the execution of the two boreholes, which provides for two more, while drilling in the discoveries of “Hera” and “Apollo” are determined for 2028.
In addition, according to the announcement, Matthew Rigas, chief executive of the group, said that during 2024, we continued to grow, with the production of the Group increasing by 24%, reaching 153 thousand barrels of equivalent oil a day (KBOED). Israel.
“Despite the geopolitical challenges in the area, the operation of the Energean Power FPSO production unit, which was available at 99%, continued,” he added.
SOURCE: KEPE