Energean to spend up to $1.5 bln in Israeli fields
Greek company Energean Oil & Gas plans to build its own production system in the Eastern Mediterranean at a cost of up to $1.5 billion to tap two Israeli offshore gas fields, the group’s chief executive said yesterday. Greece’s only oil producer is also looking to bring a financial partner into the project to develop the Tanin and Karish fields, which are situated in deep waters around 100 kilometers off Israel’s coast and have combined gas reserves estimated at 2.4 trillion cubic feet. Energean bought Karish and Tanin last August for $148 million from US-Israeli partners Delek Group and Noble
Slot machines. The first four OPAP gaming agencies with video lottery terminals yesterday began operating quietly in Attica, marking the official launch of the VLT network in Greece. The four outlets have been certified by the Gaming Commission (EEEP). Punters require an electronic player’s card, which will record all bets.