Ocean Energean Oil And Gas News

 

First Steel Cut for Karish and Tanin FPSO

Nov 27, 2018

Energean Oil and Gas announced that first steel was cut on the Karish and Tanin floating production storage and offloading (FPSO) vessel at the COSCO yard in Zhoushan, China, on Monday. The FPSO is scheduled to be delivered to the Karish field offshore Israel in late 2020…

UK Ambassador Visits Energean's Offshore Facilities

Nov 26, 2018

United Kingdom Ambassador to Greece Ms. Katherine Smith visited Energean offshore drilling facilities at Prinos.The Delegation of the British Embassy toured by boat the Prinos Oil Field Platforms and “Energean Force”, the Energean owned drilling rig…

Energean to Drill More in Greece and Israel

Nov 15, 2018

UK-based international oil and gas exploration and production company Energean Oil & Gas said that it is on track to achieve first gas from the Karish-Tanin project off the coast of Israel in the first quarter of 2021.The company with operations offshore Israel…

Energean awarded Israeli licenses

Dec 13, 2017

The Israeli Petroleum Commissioner has awarded Energean Oil & Gas five offshore exploration licenses covering Blocks 12, 21, 22, 23, 31, which were available for bidding in Israel’s first offshore bidding round. Each license has an initial exploration period of three years…

Energean sees 2018 FID for Karish, Tanin fields

Dec 07, 2017

Energean Oil & Gas expects to make a final investment decision (FID) for the Karish and Tanin fields offshore Israel in early 2018 as new gas sale purchase agreements (GSPAs) provide further momentum for the FID. Karish and Tanin fields…

Energean: Montenegro blocks hold 438 MMboe

Oct 19, 2017

Mediterranean explorer Energean Oil & Gas praised the “untapped potential” of its two blocks offshore Montenegro, which may hold 1.8 TCF of gas and 144 MMboe of liquids (438 MMboe in total), according to a new report by Netherland Sewell & Associates (NSAI)…

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…

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 explore off Montenegro

Mar 15, 2017

Energean Oil & Gas has signed US$19 million exploration and production contract with State of Montenegro for two blocks off the Montenegrin coast. Rigas, Sekulic signing the exploration contract…

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…

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…

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