Energean starts up Karish North, signs new gas deal
Energean has begun producing gas at Karish North, the company said, while also celebrating the signing of an additional gas sale and purchase agreement.
Karish North
Energean on track, despite security concerns
“As we continue to optimise our portfolio, we look forward to enhancing our position as the leading independent gas-focused exploration, development and production company in the region." Energean plans to spend $400-500 million this year.
Israeli security woes slow Karish North oil expansion
However, insecurity in Israel has delayed these plans. Energean said it would install the train once the security situation improves.
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.
Energean targets two years to transformation
Energean is on a path to transformation, with capital expenditure peaking in early 2022 and delivering – hopefully – 200,000 barrels of oil equivalent per day in 2023.
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.
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 FPSO undocks in China
The Energean Power hull has undocked from the COSCO shipyard, in Zhoushan, China, and floated out.