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
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
