Energean confirms first steel cut on Tanin FPSO

Exploration and production company Energean Oil and Gas announced on Tuesday that first steel was cut on the Karish and Tanin floating production storage and offloading (FPSO) vessel.

The FTSE 250 company said the milestone was achieved at the COSCO yard in Zhoushan, China, on 26 November.

“First steel cut on the Karish and Tanin project is a major milestone in the delivery of the FPSO to the Karish field in late 2020, ahead of first production in the first quarter of 2021.”