Stena Drilling has signed a contract with Greek oil and gas firm Energean for development drilling on the Karish field, offshore Israel.

Stena Drilling is pleased to report that we have signed a contract with Energean Oil & Gas for development drilling on the Karish Field, offshore Israel. Stena Drilling will deploy the Stena Forth, one of our four ultra-high specification drillships, to drill three development wells in Q1 2019 (with provision made for further options).

The Karish development programme includes drilling and production from a new Floating Production, Storage and Offloading (FPSO) vessel approximately 90 km offshore. First gas is expected in 2021. The Stena Forth has previous experience from the Mediterranean having worked offshore Libya in 2009. Stena Drilling is proud to have been selected for this high-profile development in the Mediterranean and also for the merits of which the selection was made: Energean has written in a press release that “Energean considers this to be a significant step in the development of Karish and part of a development plan which targets supplying gas to the growing Israeli gas market. Stena Drilling’s caliber, experience, and safety record was crucial in making this decision, given Energean’s commitment to achieving the highest standards of HSE performance and the requirement to operate in line with or exceed the European Directive on Safety of Offshore Oil & Gas Operations, as implemented by the UK safety directive”.


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