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Energean Deepens African Gas Focus Ahead of Silver Partnership at AEW 2025
International hydrocarbon exploration and production company Energean will participate as a Silver Partner at this year’s African Energy Week (AEW): Invest in African Energies 2025, taking place from September 29 to October 3 in Cape Town. The company enters the conference with a deepened focus on Egypt’s natural gas sector. The company aims to optimize its offshore concessions in the country and plans to integrate its three existing licenses – Abu Qir, North El Amriya and North Idku – in the Nile Delta region to streamline costs and enhance productivity.
Energean recently launched an infill drilling campaign in the Abu Qir concession. A well drilled from the North Abu Qir PII platform discovered 270 feet of net play in the BKES-1 and Abu Madi formations – double the pre-drill estimate. The well confirmed gas in place between 87 and 129 billion cubic feet and identified a possible 55-foot liquids column, with first production scheduled to begin later this year. As part of its 2025 strategy, Energean is preparing to drill its low-cost East Bir Nus concession in Egypt’s Western Desert and is pursuing near-field drilling opportunities around Abu Qir. The company is also targeting deeper horizons with Abu Qir to access untapped resources and accelerate gas-to-market timelines.