Karish News

Energean approved to develop Katakolo off Greece

Sep 08, 2017

Energean Oil & Gas has received the green light from Greek authorities for the Kataloko field development plans (FDP) offshore Western Greece. Map of Katakolo, from Energean. Katakolo…

Karish, Tanin Israeli FPSO plan approved

Aug 30, 2017

The field development plan for the Karish and Tanin fields offshore Israel has been approved by the Israeli Petroleum Commissioner. Energean Israel, a 50/50 joint venture between Energean Oil & Gas and Kerogen Capital, plan to drill three wells…

Energean submits Karish and Tanin FDP

Jun 20, 2017

Energean Oil & Gas has submitted the field development plan (FDP) for the Karish and Tanin natural gas fields offshore Israel, with a target of reaching a final investment decision by the end of the year, and first gas by 2020. Map of Karish and Tanin…

Energean to gain Israel funding, partner

Feb 15, 2017

Energean Oil & Gas stands to gain a US$50 million investment from Kerogen Capital for its Karish and Tanin gas fields, offshore Israel. The move could see the independent private equity fund manager take a 50% stake in Energean’s Israeli subsidiary…

TechnipFMC on Israeli FPSO FEED

Feb 02, 2017

Energean Oil & Gas has appointed TechnipFMC as the concept and front-end engineering design (FEED) contractor for the Karish and Tanin development program, offshore Israel. The move follows Energean’s decision to develop the fields using a floating production…

Energean selects FPSO for Israeli gas fields

Jan 11, 2017

Energean Oil & Gas is planning to develop the Israeli Tanin and Karish gas and condensate fields using a floating production solution, the firm announced in a press conference today.  Energean says it will submit a formal field development plan (FDP) for both fields…

Israel’s gas revolution

Jan 01, 2017

Israel is eyeing both future energy independence and potential export markets with the launch of its first-ever offshore licensing round. Audrey Leon reports. Image from iStock. Tiny Israel has big dreams of a gas-based economy…

Energean completes Tanin, Karish deal with Delek

Dec 28, 2016

Energean has closed its deal with Delek Group, Avner Oil Exploration, and Delek Drilling for 100% stake in the I/16 Tanin and I/17 Karish leases, offshore Israel, paving the way for Energean to stick to its plan of first oil at the two fields in 2020…

First gas from Tanin, Karish 2020 - Energean

Dec 07, 2016

Greece-based explorer Energean Oil & Gas said it is planning to achieve first gas from the Tanin and Karish fields offshore Israel by 2020. The firm, in which the Petroleum Council of Israel has approved its US$148 million acquisition of 100% of the two fields…

Energean moves to develop Katakolon, off Greece

Nov 30, 2016

Energean Oil & Gas's exploration license over the West Katakolon field has been converted to a 25-year exploitation license with immediate effect. The West Katakolon Exploitation area is part of the Katakolon Concession Area and covers 60sq km area with about 10 MMbbl recoverable oil…

Israel launches offshore bid round

Nov 16, 2016

Israel's Minister of Energy has opened the country's first offshore bid round covering 24 areas in the Levant Basin, with some located close to existing major gas discoveries. The discovery of giant gas fields in the Levant Basin, offshore…

Energean acquires Israeli gas assets

Aug 17, 2016

Cypriot firm Ocean Energean Oil and Gas is to buy 100% interest in the Tanin and Karish fields in the Mediterranean Sea, offshore Israel, for US$148.5 million.  Delek Group, Avner Oil Exploration and Delek Drilling have agreed to sell their 26…

Delek in Leviathan solution discussions

Mar 31, 2016

The Delek Group is moving forward to advance the Leviathan development plan with an accelerated plan for first gas to flow in 2019, as the Israeli company revealed it has already begun discussions with Israel’s government ministries to reach a solution to the stability clause…

Delek: Leviathan on track

Dec 14, 2015

The Delek Group and its Leviathan partners are setting the record straight by refuting recent media reports regarding Leviathan’s development field plan. Map of Leviathan. From Noble Energy. Media…

BG to take Aphrodite stake

Nov 23, 2015

BG Group secured 35% stake from Houston-based Noble Energy in Block 12 offshore Cyprus in a US$165 million farm out deal, which gives the UK deepwater and LNG focused company a piece of the Aphrodite natural gas discovery. Map of Cyprus…

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