Katlan Gas Field Development to Begin on Israeli Shelf
London-based, Tel Aviv-listed independent Energean will invest $1.2 billion in the Katlan project off the coast of Israel, the company said in announcing its final investment decision. The project is expected to begin producing gas in the first half of 2027. Energean said the production will complement existing gas sales …
Greek Energean Announces Start of Development of Katlan Gas Field Offshore Israel in the Mediterranean Sea
Greek energy company Energean (100%, operator) announced the final investment decision (FID) on the Katlan field development project offshore Israel in the Mediterranean Sea. Capital expenditures will amount to approximately $1.2 billion. The field is located at a water depth of up to 1,800 m. The first stage of development …
Energean to Sell Mediterranean Oil and Gas Assets to Carlyle for $945 Million
Energean has agreed to sell its assets in Egypt, Italy and Croatia to private equity firm Carlyle for $945 million. The press service of the oil and gas company Energean reported this on June 20, 2024. The deal will include a cash payment of US$504 million, which will allow the …