Karish News

Israel Looking to Boost Gas Exports to Egypt via New Onshore Pipeline

Oct 21, 2021

Israel is considering the construction of a new onshore pipeline to Egypt in order to quickly boost natural gas exports to its neighbour in the wake of the recent tightening of global supplies, the Israeli energy ministry said.The pipeline,…

Wood's Chair Franklin Joins Energean as Independent Director

Oct 13, 2021

Oil and gas company Energean, focused on the development of its Karish gas field offshore Israel, has appointed engineering firm Wood's Chair Roy Franklin OBE as an Independent Non-Executive Director.Franklin will join Energean's Nomination and Governance Committee and its Environment…

Energean Hires Halliburton for Offshore Drilling Services in Israel

Sep 15, 2021

Oilfield services firm Halliburton has secured an integrated services contract to execute a three to five well drilling and completions campaign for the Mediterannean Sea-focused oil and gas firm Energean.The U.S.-based oilfield services giant…

Energean Charters Stena Drillship for Drilling Campaign Offshore Israel

Jun 28, 2021

Oil and gas company Energean has signed a drilling rig contract with Stena Drilling for the use of the Stena Icemax drillship for a drilling campaign offshore Israel that aims to double the company's reserve base.The 2022-2023 drilling program in the Mediterranean Sea…

Flare Structure Installed on Energean Power FPSO

Apr 06, 2021

Construction of the Energean Power FPSO, destined for Energean's Karish field off Israel, has recently reached what has been described as a 'major milestone' with the installation of the flare on the FPSO in a Singapore shipyard.Technip Energies…

Energean Takes Full Ownership of Energean Israel

Feb 26, 2021

London-listed oil and gas company Energean has become the full owner of Energean Israel Limited, a company working to develop the Karish and Tanin fields in the Mediterranian Sea, offshore Israel.As previously reported, Energean in December…

Israel: TechnipFMC Wins More Karish Work

Feb 24, 2021

Oilfield services giant TechnipFMC has secured more offshore oil and gas work with the oil and gas company Energean.After it in March 2018 received a $1.36 billion EPCI contract from Energean to supply an FPSO for the Tanin/Karish gas fields offshore Israel…

TechnipFMC Nets Subsea Tie-back Award in Egypt with Energean-EGPC JV

Feb 17, 2021

AbuQir Petroleum, a joint venture between Energean and Egypt's EGPC, has signed an integrated EPCI contract with offshore services provider TechnipFMC for a subsea tie-back located offshore Egypt. The contract covers the Engineering, Procurement…

First Gas from Energean's Karish Field Could Be Delayed for 2022

Jan 21, 2021

Energean said on Thursday the first gas from its flagship Israeli fields, due to start flowing at the end of this year, could slip by two to three months.The company said this was due to delays to increasing the workforce that is building its floating production…

Energean Sanctions Karish North Gas Field Project. Gets $700M Loan

Jan 14, 2021

Mediterranean Sea-focused oil and gas company Energean has taken Final Investment Decision ('FID') on the Karish North gas development, offshore Israel.The gas discovery was announced in April 2019. In November 2020, DeGolyer and MacNaughton…

Energean to Pay Up to $405M for Remaining Stake in Energean Israel

Dec 30, 2020

Mediterranean Sea-focused oil and gas firm Energean has entered into an agreement to buy Kerogen’s 30% shareholding in Energean Israel, which would result in Energean owning a 100% stake in the company.Energean Israel holds a 100% working interest in the Karish and Tanin leases…

Watch: Karish FPSO Mooring System Installation

Dec 28, 2020

Dutch offshore installation services company Jumbo has shared a video of its recently completed mooring installation for Energean's Karish gas development in the Mediterranean Sea, offshore Israel.On behalf of the main EPCI contractor for Karish offshore works TechnipFMC…

Energean Wraps Edison E&P Buy

Dec 17, 2020

Oil and gas company Energean has said it has completed its acquisition of Edison Exploration & Production from Edison.The gross consideration for the transaction, as at the locked box date of 1 January 2019, is $284 million and the final net consideration (net of cash acquired)…

Energean Sells More Gas from Karish Field

Dec 17, 2020

Energean, an oil and gas company focused on developing its Karish gas field offshore Israel, has signed agreements to sell more gas from the project.The company said Thursday its 70 percent-owned subsidiary Energean Israel had entered into a…

Energean in Talks to Take Full Ownership of Israeli Subsidiary

Dec 07, 2020

Mediterranean Sea-focused oil and gas company Energean is looking to take full ownership of its 70 percent-owned subsidiary Energean Israel.The company said Monday it had entered into an exclusivity arrangement with an affiliate of Kerogen Capital…

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