The contract is for the drilling of three firm wells and two optional wells, with the first firm well expected to spud in 1Q 2022. The firm wells are all expected to be drilled during 2022
Energean
Posted inDRILLING & PRODUCTION
Middle East and Africa’s oil & gas industry saw a rise of 6.45% in cross border deal activity in Q4 2020
The growth was led by Energean’s $405 million acquisition of Energean Israel
Posted inPartnership
Middle East and Africa’s oil and gas industry saw a rise of 6.45% in cross border deal activity in Q4-2020
In terms of value of cross border deals, M&A was the leading category in Israel’s oil & gas industry with $1.44bn