London-listed Greek firm Energean is set for a busy December as it looks to complete its takeover of upstream assets from Italy’s Edison while also taking FID on two projects in its core East Mediterranean region.
After Algeria was stripped out from the Edison deal earlier this year (MEES, 31 January), the key asset is now the Abu Qir fields offshore Alexandria where output was 182mn cfd and 5,100 b/d for the first nine months of 2020. (CONTINUED - 1201 WORDS)