Karish News

Energean Power FPSO Producing at Full Capacity as Karish North Goes Online

Feb 29, 2024

Oil and gas company Energean has brought the Karish North and second gas export riser online at the Karish field in the Mediterranean Sea, offshore Israel.Karish North first gas was safely achieved on February 22, 2024, Energean informed. The…

Chevron Resumes Natural Gas Supply from Israel's Tamar Offshore Field

Nov 13, 2023

Chevron said on Monday it had resumed the supply of natural gas from the offshore Tamar field, a month after it was told by Israel to halt operations due to violence in the region.The Tamar field, a major source of gas for Israel's power generators…

Israeli Gas Exports to Egypt Resume But in Small Quantities

Nov 03, 2023

Israeli natural gas exports to Egypt have resumed after a disruption last weekend but in small volumes, an official in Egypt's petroleum ministry said on Thursday, without specifying the current flow.Three people with knowledge of the matter also told Reuters on Tuesday the flow had resumed…

Israel Awards Gas Exploration Licenses to Eni, BP and Four Others

Oct 30, 2023

Israel's Energy Ministry said on Sunday it had awarded 12 licenses to six companies to explore for natural gas off the country's Mediterranean coast, aiming to create more competition and diversify suppliers.The license awards, which came as the Israel-Hamas conflict entered its fourth week…

Middle East Conflict Threatens Regional Gas Market, Could Affect Europe's LNG Supplies - Rystad

Oct 19, 2023

The ongoing conflict between Israel and Hamas, the Palestinian militant group, poses a serious threat to the regional natural gas market and could have knock-on effects on Europe’s liquefied natural gas (LNG) supply as winter approaches, Rystad Energy…

Energean Aims to Double Size, Says CEO Rigas

Sep 07, 2023

Mediterranean-focused oil and gas producer Energean aims to double its size in the coming years, including through expansion of production in Israel, CEO Mathios Rigas said on Thursday.The company reported a 41.2% slump in first-half profit…

Energean Trims Annual Production forecast after HY Profit Slumps

Sep 07, 2023

Mediterranean-focused oil and gas producer Energean reported a 41.2% slump in first-half profit, dented by higher tax expense, and also trimmed its full-year production forecast to 125,000-130,000 barrels of oil equivalent per day (boed).Energean…

Report: BP, Azerbaijan's Socar Make Maiden Bid for Israeli Offshore Gas

Jul 17, 2023

BP and Azeri national oil company Socar have taken part for the first time in an Israeli licensing round for natural gas exploration, the latest sign of growing international interest in the Eastern Mediterranean basin, sources said.BP and Socar…

Energean Looking to Boost Israel FPSO Capacity

Mar 23, 2023

Gas producer Energean is looking at options to increase the capacity of its floating production storage and offloading (FPSO) vessel off Israel to 12 billion cubic meters (bcm) a year, CEO Mathios Rigas told Reuters on Thursday. The FPSO is…

Edison Plans Final Investment Decision on East Mediterranean Gas Pipeline to Europe By End of Year

Mar 20, 2023

Energy group Edison plans to take the final investment decision on a proposed pipeline to deliver east Mediterranean gas to European markets by the end of this year, the Italian project developer told Reuters. The EastMed-Poseidon pipeline,…

History Made: Energean Announces First Ever Israeli Crude Oil Export

Feb 14, 2023

Oil and gas company Energean on Tuesday announced the first ever lifting of an Israeli crude oil cargo had taken place at Energean's Karish offshore field. 'For the first time in the history of Israeli oil & gas production, hydrocarbon liquids will be exported to global markets…

Energean Starts Gas Production from Karish Field Offshore Israel

Oct 26, 2022

Oil and gas company Energean plc said Wednesday it had started gas production at its Karish gas field in the Mediterranean Sea, offshore Israel.'Gas is being produced from the Karish Main-02 well and the flow of gas is being steadily ramped up…

Israel Grants Approval for Energean to Start production at Karish Offshore Gas Field

Oct 25, 2022

Israel granted Energean permission to start production at the  offshore Karish gas field on Tuesday, an Energy Ministry statement said.Energean has said its floating production storage and offloading vessel [the Energean Power - OE ] is due…

Energean Begins Gas Flow Testing at Karish Field

Oct 09, 2022

Energean has begun pumping gas to its floating production facility in the offshore Karish gas field as part of reverse flow testing procedures approved by the Israeli government, the London-listed energy group said on Sunday.It said the testing…

Energean Makes Another Gas Find Offshore Israel. Upgrades Athena Discovery Size Estimate

Nov 07, 2022

Oil and gas company Energean said Monday it had made a commercial gas discovery at the Zeus- 01 prospect, in the Mediterranean Sea, offshore Israel. The company also said that contingent resources at Athena discovery, also in Israel, had been upgraded following post-well analysis…

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