Israeli Minister of Energy visits drillship at Karish North

Energean had the honour and the pleasure to host the Israeli Minister of Energy Dr. Yuval Steinitz at the Stena DrillMAX during the drilling of the Karish North well.

Israeli Minister of Energy Dr. Yuval Steinitz, along with the Director General of the Ministry Mr. Udi Adiri, were updated on the drilling operations by the CEO of Energean Group Mr. Mathios Rigas, Energean Country Manager Mr. Shaul Zemach and Energean's Team that runs the projects in Israel.

Minister Steinitz stated: "We are now witnessing competition and hope that other companies will follow Energean’s steps. The development of the Karish and Tanin fields will enable the State of Israel to reduce the use of coal and enjoy clean air".

The Karish North well discovered 1.0-1.5 TCF gas an intermediate TD of 4,880 meters.