GSP Bags Karish Project Deal from TechnipFMC

GSP has signed a contract with TechnipFMC for the execution of various works within the Karish gas development project in Israel.

Technip FMC has been contracted to engineer, build and commission the entire project infrastructure under an EPCIC contract with Energean Israel, the ultimate beneficiary of the project.

As subcontractor of the Karish project, GSP will perform spool removal and manifold tie-in installation, gas sales pipeline pre-lay survey and crossing installation, as well as extended pit dredging and backfilling.

Works are expected to begin in Q1, 2020 and completion is expected in Q3 2020.

The deep water Karish field is located in the eastern Mediterranean, approximately 75 km offshore Israel in 1750 meters water depth.

The development plan consists of an initial three wells drilled close to and tied into a single 4-slot manifold that shall be connected to a moored FPSO, to facilitate the quickest route to market in line with the Government of Israel’s gas strategy.