|
Energean PLC on Monday confirmed its floating production storage and offloading unit has arrived on location in Israel for its Karish project.
The London-based oil and gas company said its FPSO unit was transported by two tugs from the Sembcorp Marine's Admiralty Yard in Singapore in a 35-day long journey.
Energean said it will now ‘immediately’ begin hook up and commissioning operations.
This will include installing risers and jumpers and commissioning the sales gas pipeline. Three to four months of commissioning is expected before the first gas, the firm said.
‘This marks a major step forward in delivering first gas from Karish which remains on track for the third quarter of 2022. We look forward to continuing our progress through Karish first gas, the commercialisation of the newly defined Olympus Area and contributing to energy security and competition of supply for the region,’ said Chief Executive Officer Mathios Rigas.
Shares in Energean were up 1.5% at 1,343.00 pence each in London on Monday morning.
Copyright 2022 Alliance News Limited. All Rights Reserved.
|
