Energean Israel and Stena Drilling to develop drilling of Karish Field offshore Israel

Energean Oil and Gas declared that Energean Israel ventures into contract with Stena Drilling for the development of the Karish Field, offshore Israel. Stena Drilling likely to deploy the Stena Forth drillship to drill three development wells in Q1 2019 with respect to Karish and Tanin fields.

The Stena Forth will be mobilised from Las Palmas, Spain, where she is currently located. The Karish development programme includes the drilling of three development wells and production from a new Floating Production, Storage and Offloading (FPSO) vessel, approximately 90km offshore. First gas is expected in 2021.

Energean assumes this to be a remarkable step in the advancement of Karish and part of a development plan aiming to supply gas to the growing Israeli gas market. As executed by the UK safety directive, Energean’s commitment to achieving the highest standards of HSE performance and the requirement to operate in line with or exceed the European Directive on Safety of Offshore Oil & Gas Operations.

Image Source : Stena Drilling