Energean Israel, Stena Drilling in development contract for Karish Field

Stena Forth drillship to commence a three well programme in Q1 2019


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Greece’s Energean Oil & Gas said on January 29 that Energean Israel has signed a contract with Stena Drilling for the development drilling of the Karish Field, off the Israeli coast.

According to an Energean press release, pursuant to the contract, Scotland-based Stena Drilling will deploy the Stena Forth drillship, or any other substitute per the agreement between the parties, to drill three development wells in the first quarter of 2019 with a provision made for further options that is subject to Energean’s Final Investment Decision (FID) regarding the Karish and Tanin fields.

The Stena Forth, one of the DrillMAX Fleet vessels, is a DP Class 3 ultra-deepwater drillship with a track record in worldwide operations, ranging from the Mediterranean (Libya), Egypt (Gulf of Suez), Malaysia, Greenland, and the US (Gulf of Mexico).

According to Energean, the Stena Forth will be mobilised from Las Palmas, Spain, where she is currently located. The Karish development programme includes the drilling of three development wells and production from a new Floating Production, Storage and Offloading (FPSO) vessel, approximately 90 kilometres offshore.

The first gas is expected in 2021.

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