Stay Connected

Ensco rig on location for Karish well offshore Israel

Offshore staff

TEL AVIV, Israel – The Ensco 5006 reached the Karish 1 drilling location offshore Israel in mid-March, according to partner Delek Group.

Drilling on the potential 2-tcf (57-bcm) gas prospect should last about three months with a budget estimated at $90 million.

The 9.7-tcf (275-bcm) Tamar field is on track to start production soon, Delek added. To date the Tamar partners have signed 14 contracts with various Israeli customers to supply a total of 147-168 bcm (5-6 tcf) of gas, with estimated cumulative revenue of $39 billion.

Following completion of the pre-front-end engineering and design stage by Daewoo Shipbuilding concerning a proposed floating LNG project, the Tamar partners signed an agreement with Levant LNG Marketing and Pangea LNG for completion of the FEED stage.

Levant and Gazprom Marketing & Trading Switzerland are in exclusive negotiations to sign a binding agreement for the sale of the LNG. Delek stresses that gas production from the FLNG will not impact supplies to the domestic Israeli market. Production is planned through a dedicated system that will include new development drilling wells.

3/27/2013

Related Articles

Unique System FZE supplies monitoring system to ADOC

Nov 20, 2013 Unique System FZE, a Unique Maritime Group company that provides integrated turnkey subsea and offshore solutions, has engineered and supplied a monitoring system that will provide the Abu Dhabi Oi...

Support vessel operator sees Middle East activity increase

Nov 19, 2013

Topaz Energy and Marine has provided an update on its offshore support vessel fleet.

Trending News

WFS Technologies and Fugro to offer ‘first’ wireless ROV integration

Jul 29, 2014

WFS Technologies, which delivers underwater wireless instrumentation and control solutions to offshore oil and gas operations, and Fugro Subsea Technologies, which designs, builds, and delivers the FCV range of ROVs to its Subsea Services Division, are jointly offering subsea wireless capability on all FCV Work Class ROVs from 2015 onward.

Eco Atlantic set to acquire interest in block offshore Ghana

Jul 29, 2014

Eco (Atlantic) Oil & Gas Ltd reports that the Parliament of the Republic of Ghana has ratified a petroleum agreement pursuant to which the company may acquire a 50.51% interest in the Deepwater Cape Three Points West block, located in the Tano Cape Three Points basin, offshore Ghana, adjacent to Tullow Oil plc’s producing Jubilee oil field.

BOEM calls for 2017 Beaufort Sea lease sale area nominations

Jul 29, 2014

The Bureau of Ocean Energy Management has issued a call for information and nominations for a potential lease sale offshore Alaska.

Apache hits gas at Phoenix South-1

Jul 29, 2014

Carnarvon Petroleum Ltd. reports that gas and indications of associated liquid hydrocarbons were observed in the Phoenix South-1 well, offshore Western Australia.

CNOOC, Primeline start up Lishui offshore China

Jul 29, 2014

CNOOC has started production from the Lishui 36-1 gas field.

 

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

View more Job Listings >>