Energean Power FPSO hull floated out of the COSCO Shipyards’ dock

2 October, 2019

Energean Oil and Gas plc (LSE: ENOG), the independent gas and oil exploration and production company focused on the Mediterranean, is pleased to announce that the Energean Power FPSO hull has undocked and floated out from the COSCO Shipyards’ dock at Zhoushan, China, approximately 10 months after first steel cut.

This development also marks a significant HSE milestone for the Company, as the build was completed ahead of schedule and with no LTI’s in approximately 3 million working man hours under TechnipFMCs management of the project.

The Energean Power FPSO hull will remain at the Shipyards’ berth for additional construction works, and its sailaway to Sembcorp Marine’s Admiralty Yard in Singapore for the integration of the topsides is planned later in 4Q.

The Karish Development project remains on track and on budget to deliver firstgas in 1Q 2021.A time lapse video showingin 90’’ the 10-month works at the Shipyards’ dockis now available on Energean’s website and social media feeds.

A time lapse video showingin 90’’ the 10-month works at the Shipyards’ dockis now available.



Energean Oil & Gas, press release