Israel-focused Greek firm Energean on 14 January announced FID on its Karish North field offshore Israel (see map). The field is due to be brought online in the second half of 2023 and produce 300mn cfd. $150mn capex includes expanding the Energean Power FPSO’s capacity from 650mn cfd to 800mn cfd during 2022.
Energean also plans to appraise the Karish field’s oil rim during 2020 after last year hiking its estimate of peak Karish oil output from 10,000 b/d to 27,800 b/d (MEES, 27 November 2020). (CONTINUED - 87 WORDS)
