Energean’s Karish-Tanin FPSO construction set to begin

Greek oil company Energean has shared that the steel cutting ceremony for an FPSO to be deployed at its offshore Israel fields will begin this month.

Illustration: Karish-Tanin FPSO / Image source: Energean
Illustration: Karish-Tanin FPSO / Image source: Energean

In an operational update on Thursday, Energean said its Karish-Tanin offshore development in Israel remained on track to deliver first gas into the Israeli domestic market in 1Q 2021.

“The next visible milestone will be first steel cut on the FPSO hull on 26 November 2018,” Energean said.

Energean sanctioned the 2.4 Tcf (gross, Energean 70%) Karish and Tanin development in March 2018. TechnipFMC and Sembcorp Marine will be responsible for the FPSO construction.

Energean has previously said it expects the $1.36B FPSO unit for its Karish and Tanin development to sail away from the yard in Singapore in late 2020 ahead of the first gas in 2021.

While waiting for the FPSO construction to begin, Energean is working on drilling development wells at the Karish-Tanin area in Israel.

In a statement on Thursday, Energean said: “Three development wells will target Karish Main with completion expected by 2019 year end. These three wells will deliver 4.2 bcma (c. 406 mmcfd) of firm gas sales into the Israeli domestic market from 1Q 2021. Gross production capability of the three wells is expected to be far in excess of the 4.2 bcma requirement.”

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply