Energean Oil & Gas subsidiary Energean Israel has let a contract to Stena Drilling, Aberdeen, for development drilling in Karish field offshore Israel. The Karish development program, which targets supplying gas to the growing Israeli market, includes the drilling of three development wells and production from a floating production, storage, and offloading vessel 90 km offshore. The start of gas production is expected in 2021.
Stena Drilling, a subsidiary of Stena AB, Gothernburg, Sweden, will deploy the Stena Forth DP Class 3 ultradeepwater drillship to drill the development wells during first-quarter 2019, subject to Energean’s final investment decision regarding Karish and Tanin gas fields.
The Stena Forth drillship will be mobilized from Las Palmas, Spain.
In December, Energean Oil & Gas and its subsidiaries increased to 13 the total number of licenses held in the East Mediterranean (OGJ Online, Dec. 14, 2017). The blocks, awarded by Israeli Petroleum Commissioner, are in the immediate vicinity of Energean’s Karish and Tanin developments (OGJ Online, Jun. 20, 2017).
