Israel Grants Approval for Energean to Start production at Karish Offshore Gas Field

Maayan Lubell and Ari Rabinovitch
Tuesday, October 25, 2022

 Israel granted Energean permission to start production at the  offshore Karish gas field on Tuesday, an Energy Ministry statement said.

Energean has said its floating production storage and offloading vessel [the Energean Power - OE ] is due to start production at Karish in the third quarter but has not given a precise date.

On Oct. 9, the London-listed energy group began pumping gas to its floating production facility as part of reverse flow testing procedures. 

Israel and Lebanon on Thursday are expected to sign a U.S.-brokered maritime border deal reached this month, opening the way for offshore energy exploration. 

In the weeks running up to the deal, the development of the Karish field, about 80 km (50 miles) west of the Israeli city of Haifa, had raised tensions between the two countries drawing threats of war from the Iran-backed Hezbollah movement. 

"The production of natural gas from the Karish platform bolsters Israel's energy security, enhances our stature as energy exporters, strengthens Israel's economy, and helps in grappling with the global energy crisis," Israeli Prime Minister Yair Lapid said in a statement.


 (Reporting by Maayan Lubell and Ari Rabinovitch / Editing by Bernadette Baum)


Categories: Energy Activity FPSO Production Mediterranean Sea

Related Stories

ExxonMobil to Drill for Gas Off Cyprus in January

Norway's O&G Production Beats Expectations

Panoro Energy and GEPetrol Sign PSC for Block Offshore Equatorial Guinea

Current News

Danos Leaders Recognized in “40 Under 40” Lists

ExxonMobil to Drill for Gas Off Cyprus in January

Mocean Energy Raising Funds to Advance Wave Energy Tech

Seadrill’s Drillships Getting Ready to Start Work Off Brazil

Subscribe for OE Digital E‑News