Energean is maintaining its first-gas target for the Katlan subsea development offshore Israel, despite the suspension of operations at the Energean Power FPSO on the Karish field following a request from Israel’s government amid regional hostilities.
Project work has continued across key parts of the development. By the end of February, subsea engineering, procurement and manufacturing were about 50% complete, while construction of the new FPSO topside monoethylene glycol system reached 55%. Offshore execution planning in Israel has also been completed, including the setup of the logistics base in Haifa.
The company said all main contracts for Katlan are in place. These include the rig contract for drilling the Athena and Zeus development wells, which form part of the multi-field tieback to the Karish gas FPSO.
Outside Israel, Energean is negotiating with Egyptian authorities to combine its three producing concessions in the West Nile Delta — Abu Qir, NEA and NI — into one concession. The company said the change is expected to improve commercial and fiscal terms, create new development and exploration opportunities, and extend the economic life of the fields. It is targeting an agreement around the middle of this year, with parliamentary ratification to follow.
In the UK central North Sea, the non-operated Scott field, where Energean holds a 10% interest, brought one new infill well onstream last year. A second infill well, spudded in the fourth quarter of 2025, is scheduled to start production later this year. Further infill drilling is also expected.
