Energean takes a new approach at Karish
The East Mediterranean producer goes for a novel and nimble concept at Karish
London and Tel-Aviv-listed independent Energean took FID at its Karish-Tanin field offshore Israel in March, less than 20 months after project acquisition. It credits an innovative procurement process for the shortened timeframe. Energean dispensed with concept selection and pre-feasibility studies. Instead it selected a floating production, storage and offloading (FPSO) solution, both for maximising recovery by reducing pressure on the wells through proximate infrastructure and in siting most of the technology 100km away from Israel's infrastructure-averse shore dwellers. Based on Energean's size at that time, it wanted a strong technical partner but, rather than a lengthy tendering process
Also in this section
28 January 2026
The alliance looks to bolster market management credibility by bringing greater clarity and unity to output cuts and producer capacity later in 2026
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
22 January 2026
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
