Energean Says Its Egyptian Platforms Hold 3 Trillion Cubic Feet of Gas

There are around 3 trillion cubic feet (tcf) of estimated additional gas beneath Energean’s current Egyptian platforms, Reuters reported, citing Mathios Rigas, Energean’s CEO.

Energean, through Energean Egypt, maintains and operates a full-cycle production, development, and exploration portfolio. It operates and owns 100% of each of  Abu Qir concession, North East Almreya and North Idku concessions, in addition to 50 % of East Bir El Nus on-shore concession and a 30% interest in  North East Hap’y off-shore concession.

Regarding its revenues, Energean achieved $804 million in H1 2025, compared to $867 million in H1 2024, with adjusted Earnings Before Interest, Taxes, Depreciation, Depletion, Amortization, and Exploration Expenses (EBITDAX) being $505 million.

Energean plc is an international hydrocarbon exploration and production company, with a focus on natural gas.