Energean FIDs Karish work, warns of delays
Energean has pushed back the expected start of operations at its Karish project, offshore Israel, owing to delays in Singapore, while also approving more Karish North work.
Karish
Energean takes FID on Karish North, signs new loan
Energean has taken final investment decision (FID) on its Karish North gas development, offshore Israel.
Energean’s Karish project 85% complete
Energean expects its Karish gas project in Israel to reach first gas in the fourth quarter of 2021 and the Edison E&P deal to close this December.
Weak demand to limit East Med gas
Poor gas demand may restrain Eastern Mediterranean production until 2023, GlobalData has warned.
Energean signs key gas sales contracts for Karish
Energean has signed a pair of key gas sales contracts for its Karish development in the eastern Mediterranean.
ACE Winches delivers shore-pull solution for Karish
Aberdeenshire-based ACE Winches, a Balmoral Group company, has successfully completed a shore-pull project for a 2.7km 30” gas sales export pipeline for the Karish gas development field in the south-east Mediterranean Sea, offshore Israel.
Energean’s Karish plan slips
Work has restarted in Singapore on a vessel for Energean that is due to begin producing gas off Israel in 2021.
Energean’s 2020 capex up 22%
The purchase of Edison E&P will provide Energean with insulation from oil price volatility, although the company has trimmed its capital expenditure plans in 2020.
Coronavirus threatens Karish development
Energean Oil and Gas has issued a warning of the potential impact of the novel Coronavirus on the construction, and therefore timetable, of the hull for its floating production, storage and offloading (FPSO) vessel for its Karish field.
Energean FPSO undocks in China
The Energean Power hull has undocked from the COSCO shipyard, in Zhoushan, China, and floated out.
Energean to drill Karish North next year
Energean Oil and Gas said today that it will drill an exploration well in the Karish North prospect, offshore Israel, in the first quarter of 2019.
Sembcorp to build FPSO for Karish, Tanin fields
Singapore's Sembcorp Marine shipyard will build the floating production, storage and offloading vessel for the Energean-operated Karish and Tanin fields in the Mediterranean.
Energean to raise £330m through IPO in London
Energean Oil and Gas said today it intends to raise £330million from an initial public offering in London.
Energean secures $1.27bn facility for Mediterranean projects
Energean Oil & Gas has signed a secured senior credit of up to $1.27billion to help it pay for the development of the Karish offshore gas field.