Energean Finds Partner in TechnipFMC for Olympus Area Production
Energean has taken a step further towards production from the Olympus Area in the Mediterranean by partnering with TechnipFMC.
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Energean has taken a step further towards production from the Olympus Area in the Mediterranean by partnering with TechnipFMC.
By Charles Ellinas Energy Minister, George Papanastasiou, initiated a debate around natural gas immediately following his appointment. In line with government goals, he has prioritized bringing natural gas to the island with the emphasis on reducing electricity prices and spearheading LNG exports, particularly to Europe. This culminated with the energy…
Ministry says classification of offshore field, which holds an estimated 68 billion cubic meters of gas, marks the first natural gas discovery recognized by Israel since 2015
Olympus can be developed more efficiently and is subject to fewer constraints than Tanin.
Energean said that in the Olympus Area it discovered in 2022 fields with certified reserves of 31 billion cubic meters of natural gas