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Israel Procurement News Notice - 72319


Procurement News Notice

PNN 72319
Work Detail Offshore contracting giant TechnipFMC has landed a large deal for integrated engineering, procurement, construction and installation (iEPCI) work for Energean’s Katlan development in the Mediterranean Sea offshore Israel. The contract worth between $500m and $1bn follows an integrated front-end engineering and design study that TechnipFMC carried out to optimise the commercial and technological solution for the field. The new work scope covers the design, manufacture, and installation of the production systems, pipe, umbilicals, and subsea structures. The subsea infrastructure will tie back to the Energean Power floating production, storage, and offloading vessel (FPSO), which currently serves the Karish and Karish North developments. TechnipFMC also delivered its integrated subsea solutions for both of these developments, and the latest project will be Energean’s first to use the contractor’s configure-to-order Subsea 2.0 production systems. “Combining iFEED to optimise field layout with our Subsea 2.0 platform and integrated project execution model accelerates the time to first production at Katlan. This is another iEPCI with Energean, demonstrating the collaborative relationship of our two companies which enables TechnipFMC to continue to deliver improved project economics,” said Jonathan Landes, president of subsea at TechnipFMC. According to Energean, the Katlan field contains 1,1 tcf gas 2P reserves. Katlan’s total 2P reserves are 205.9 mmboe, including liquids.
Country Israel , Western Asia
Industry Energy & Power
Entry Date 26 Jul 2024
Source https://splash247.com/technipfmc-lands-large-subsea-deal-offshore-israel/

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