Energean Oil & Gas has announced that it has appointed TechnipFMC as the Concept and Front End Engineering Design (FEED) contractor for the Karish and Tanin development programme. This follows Energean’s recent decision to develop the Fields using a Floating Production, Storage and Offloading (FPSO) unit to facilitate the quickest route to market in line with the Government of Israel’s gas strategy.
Commenting on the announcement, Mathios Rigas, Chairman and CEO of Energean Oil & Gas, says, “We are delighted to have TechnipFMC, one of the leading contractors in the world, working with us on the development of the Karish and Tanin fields. It is a project that will open up the Israeli oil and gas market and both parties intend to play an important part in facilitating a more competitive energy supply for the benefit of Israeli domestic consumers and the economy.”
“TechnipFMC, even more so after its recent merger, is a global leader in oil and gas engineering design and contracting. Their know-how, expertise and quality standards in deep water and FPSO projects will all assist in delivering the most efficient and environmentally sensitive development of these projects. We are sure that the combination of Energean and TechnipFMC’s skills and resources can contribute to the onward development of Israel’s broader upstream industry, its technology and human capital. We look forward to a long-term and mutually beneficial partnership together,” adds Rigas.
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ENERGEAN Oil & Gas,
TechnipFMC
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