Energean completing Karish North tieback, drilling offshore Egypt

Sept. 7, 2023
Most of the infrastructure for the Karish North subsea tieback to the Energean Power FPSO offshore Israel is now in place, operator Energean said in its latest results statement.

Offshore staff

ATHENS, Greece  Most of the infrastructure for the Karish North subsea tieback to the Energean Power FPSO offshore Israel is now in place, operator Energean said in its latest results statement.

The manifold was installed in April and the umbilical and production spool in August, while the KN-01 production well was drilled last year. A second oil train is due to be connected to the FPSO topside during the fourth quarter.

Last month the company submitted its development plan for the Katlan discoveries on the Katlan license (ex-Block 12) and parts of the Tanin lease to Israel’s government. The company also issued a letter of award for the FEED to Technip UK.

Elsewhere in the Mediterranean Sea, first gas is on track for 2024 from the Eni-operated Cassiopea project offshore Sicily. Pipelay finished in July and subsea installation activities are progressing.

Energean expects to spud the Izabela-9 well offshore  Croatia in the fourth quarter. Next year the company faces drill or drop decisions on the Ioannina license and Block 2 offshore Greece.

In the Gulf of Suez offshore Egypt, two wells are onstream at the NEA/NI gas development, NEA#5 and NEA#6, with two more set to come online later this year. PY#1 was completed and tested at 20 MMcf/d last month, while NI#1 should spud this month.

The Orion-1X exploration well (Energean, 30%) on the northeast Hap'y concession offshore Egypt should also start drilling in the fourth quarter. The company is close to farming out 11% of its working interest.

09.07.2023