2025 has been a challenging year for Greek independent Energean. The London and Tel-Aviv listed firm had hoped to sell its Egypt, Italy and Croatia assets to UK-based equity giant Carlyle for $945mn, but the deal fell through in March after regulatory approvals were not provided in time (MEES, 21 March).
That same month it announced that its short-lived entry into Morocco’s offshore alongside London-based Chariot was coming to an end after the Anchois well, spudded in August 2024, returned “unfavorable” results (MEES, 21 March). (CONTINUED - 927 WORDS)