Energean to buy support vessel for $33m
Energean
981.00p
17:05 18/04/24
-1.41%
-14.00p
Energean said it had agreed to buy a field support vessel (FSV) from Prime Marine Energy for $33.25m.
FTSE 250
19,450.67
17:14 18/04/24
n/a
n/a
FTSE 350
4,334.00
17:14 18/04/24
n/a
n/a
FTSE All-Share
4,290.02
16:54 18/04/24
n/a
n/a
Oil & Gas Producers
9,432.28
17:14 18/04/24
-0.38%
-35.51
The FSV, which is being constructed, will provide in-country capability to support Energean’s Karish project offshore Israel, including floating production, storage and offloading vessel re-supply, crew changes, holdback operations for tanker offloading, emergency subsea intervention, drilling support and emergency response.
“The purchase of this multi-purpose vessel will enhance operational efficiencies and economics when compared to the leasing of multiple different vessels for the various activities,” Energean said on Friday.