Construction of the first Floating Production Storage and Offloading Unit in the Eastern Mediterranean continues

Construction of the first Floating Production Storage and Offloading Unit in the Eastern Mediterranean continues

The construction of the first Floating Production Storage and Offloading (FPSO) Unit to be installed in the Eastern Mediterranean on behalf of the Greek company Energean, which manages among others the Prinos oil field in Thassos, continues uninterrupted.

Energean announced that the hull of “Energean Power” was moved from the dock to the anchor of COSCO’s shipyards in Zhoushan, China, about ten months after construction began.

This development, as noted, is accompanied by a significant track record in the Health, Safety and Environment department, since during the ongoing construction under the management of TechnipFMC three million manhours were completed without one work accident being reported (Lost Time Injury) .

It is noted that the Energean Power hull will remain in Zusan for planned construction work, and will then head to Sembcorp Marine’s Admiralty shipyard in Singapore by the end of the year, in order to place the topsides, the manufacturing of which reports significant progress as well.

The project proceeds according to Energean’s plan, which expects for the natural gas production from the Karis marine deposit in Israel to commence in the first quarter of 2021./ibna