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Energean receives Class approval for FPSO design
Energean receives Class approval for FPSO design.
About this update from Energean Plc
[{"type":"text","content":"\n \nRNS Number : 3043N Energean Oil & Gas PLC 08 May 2018 \n\n \n \n \n \nFor immediate release \n \n \nEnergean Oil & Gas plc\n(\"Energean\" or the \"Company\")\n \nEnergean receives Class approval for FPSO design for Karish-Tanin\nLondon, 8 May 2018 - Energean Oil & Gas (ENOG: LSE), the independent oil and gas exploration and production company focused on the Eastern Mediterranean, announces that it has received Class approval from DNV-GL, the global quality assurance body, for the Basic Design of the new-build Floating Production Storage and Offloading (\"FPSO\") that will be deployed at its deep water Karish-Tanin development, offshore Israel.\n \nThis rapid obtainment of Class approval reflects the maturity of the FPSO design at Final Investment Decision (\"FID\") and keeps the development on track to cut first steel as planned before the end of 2018. \n \nEarly Class approval was viewed as a critical milestone and its achievement, on schedule, validates the adopted strategy of building upon an existing hull design from TechnipFMC subsidiary, Inocean.\n \nEnquiries\n \n\n\n\nEnergean\n\n\n \n\n\n\n\nSotiris Chiotakis (Media Relations)\n\n\n+30 210 8174 242\n\n\n\n\n \n\n\n \n\n\n\n\nInstinctif (PR/IR adviser to Energean):\n\n\n+44 (0) 20 7547 2020\n\n\n\n\nDavid Simonson\n\n\n \n\n\n\n\nLaura Syrett\n\n\n \n\n\n\n\nGeorge Yeomans\n\n\n \n\n\n\n \nwww.energean.com\n \n\nThis information is provided by RNSThe company news service from the London Stock...