Karish News

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…

Energean’s Gas Reserves Off Israel Get a Boost

Nov 10, 2020

Mediterranean-focused oil and gas firm Energean said Tuesday the size estimate of its gas fields off Israel has been increased to 729 MMboe, following the completion of an independent Competent Persons Report by DeGolyer and MacNaughton.The CPR report which certifies 98…

LQ, Pipe Rack Modules Installed on Energean Power FPSO

Oct 07, 2020

Living quarters and eigh pipe rack modules have been lifted aboard the Energean Power FPSO hull as the construction of Energean's FPSO destined for the Mediterranean Sea progresses in Singapore.The FPSO hull, built in China is being outfitted with topside modules at Sembcorp’s Admiralty Yard…

Energean Buys Field Support Vessel for Karish Field Ops

Oct 02, 2020

Oil and gas company Energean has agreed to buy a Field Support Vessel (FSV) from Prime Marine Energy for $33.25 million.Energean will use the vessel for work in Israel where it is working to bring online the Karish offshore gas field.'The FSV…

Energean Sells More Karish Gas

Sep 16, 2020

Mediterranean-focused oil and gas company Energean has signed agreements to sell more gas from its Karsih gas development off Israel.Energean said Wednesday it had signed two gas sales deals which, combined, represent quantities of gas of up to 1…

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