The hull of the Energean Power FPSO sailed away from the yard where it was built in China on Friday, April 3.

The floating production, storage and offloading vessel is for Energean’s project in the Karish and Tanin gas fields offshore Israel.

TechnipFMC worked with subcontractor SemCorp Marine (SCM) on the hull, and SCM subcontracted work to COSCO. It was launched last October, about 10 months after first steel was cut. Additional construction work was carried along the quayside at COSCO’s shipyard in Zhoushan, China.

Two tugs are towing the FPSO to Admiralty Yard in Singapore. It is due to arrive in mid-April, then the pre-built topsides will be lifted on to the hull. That will be followed by integration, commissioning and start-up in Singapore before the completed FPSO sets sail for Israel.

Willy Gauttier, Project Director, said, “This is a massive project with participation from TechnipFMC BU’s and Suppliers all over the world. There have been contributions from Norway, the U.K., France, Alabama in the U.S., China and Singapore. There’s been work onshore in Israel, too. We’re two years into this project and on target for Energean to produce first gas at Karish and Tannin in June 2021.”

About TechnipFMC

TechnipFMC is a global leader in subsea, onshore/offshore, and surface projects. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our clients’ project economics.

We are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new possibilities for our clients in developing their oil and gas resources.

About Energean Oil & Gas plc

Energean is a London Premium Listed FTSE 250 and Tel Aviv 35 Listed E&P company with operations offshore Israel, Greece and the Adriatic. In August 2017 the Company received Israeli Governmental approval for the FDP for its flagship Karish-Tanin gas development project, where it intends to use the only FPSO in the Eastern Mediterranean to produce first gas in 2021.

Energean has already signed firm contracts for 5.0 Bcm/yr of gas sales into the Israeli domestic market. Future gas sales agreements will focus on both the growing Israeli domestic market and key export markets.

Energean has nine exploration licences offshore Israel, and a 25-year exploitation licence for the Katakolo offshore block in Western Greece and additional exploration potential in its other licences in Western Greece and Montenegro.