TechnipFMC to manage offshore Israel Karish, Tanin studies
Energean Oil & Gas has appointed TechnipFMC as its concept and front-end engineering design contractor for the Karish and Tanin development offshore Israel.
This follows the company’s recent decision to develop the gas fields via an FPSO, as the quickest route to market, in line with Israel’s strategy.
Energean based its decision partly on TechnipFMC’s deepwater track record, including the Akpo, Nkossa, Girassol, and Dalia projects, to design and configure fully integrated infrastructure for Karish and Tanin.
The two fields, discovered during 2011-13, contain 2C gas resources of 2.4 tcf: Energean has a 100% interest.
Development will likely cost $1.3-1.5 billion over the next few years. Energean expects to submit its plan to the Israeli government in mid-2017.