Energean is a FTSE-250 E&P company focusing on the sustainable development of the natural resources in the Mediterranean where it operates an 80% gas weighted portfolio with 600 mmboe reserves and resources.Energean primary objective is to create near-term and lasting value for all our stakeholders and drive sustainable economic growth in the areas where we operate through a dynamic and innovative approach.
The Company’s overall goal is to create stakeholder value through sustainable development, taking account of all the economic, social and environmental aspects of our business.Energean is committed to be net zero emissions company by 2050 and has set science-based targets to reduce its greenhouse gas emissions.
The Company’s flagship development assets are the Karish and Tanin fields, offshore Israel. The 100% working interest in the Karish and Tanin leases are held via its subsidiary, Energean Israel, in partnership with Kerogen Capital (70/30). Moreover, Energean Israel holds 100% working interest in nine exploration licences, offshore Israel.
The Company has significant exploration potential in the licences held in Israel, the Adriatic, and Western Greece, which provides the basis for future organic growth
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