First steel was cut on the FPSE in Cosco Yard, in Zhousan, China on November 26, 2018. "Energean Power" FPSO hull sailed away from the Cosco Yard in China on April 3rd, 2020. The hull arrived in Singapore on April 15th, 2020.
Following a shut down due to the COVID-19 pandemic, works at the Admiralty Yard resumed in June 2020, with first topsides lift completed in August 2020. Based on the excellent progress that has been made on the topsides, it is anticipated that the integrated Hull and Topsides will sail away from Singapore to Israel in autumn 2021. First gas from the project anticipated in 4Q 2021-1Q 2022.
CAPEX for the Karish development is estimated at US$1.7 billion.