Energean lets EPC contract to TechnipFMC for Katlan field development

Energean PLC has let an integrated engineering, procurement, construction, and installation contract to TechnipFMC for its Katlan development in the Mediterranean Sea.

Katlan gas field lies in License 12, offshore Israel. Following a successful exploration campaign in 2022, Energean estimates the field contains 1.1 tcf gas 2P reserves. Including liquids, total 2P reserves for Katlan is 205.9 MMboe, according to Energean. 

The award follows an integrated front end engineering and design study by TechnipFMC (OGJ Online, Aug. 24, 2023). The contract covers the design, manufacture, and installation of the production systems, pipe, umbilicals, and subsea structures.

The subsea infrastructure will tie back to the Energean Power floating production, storage, and offloading vessel (FPSO), which currently serves the Karish and Karish North developments. TechnipFMC also delivered fully integrated subsea solutions for both developments.

TechnipFMC values the contract between $500 million and $1 billion.