22nd Jul 2026 12:03
Energean PLC - London-based energy company - Completes commissioning of the second oil train on its Energean Power FPSO, increasing total liquids processing capacity to 31,000 barrels per day from 18,000 bbl/d. Says liquids production has been successfully tested at up to 21,000 bbl/d, with higher-rate testing expected in August following Katlan subsea tie-in work. Expects Israel liquids production to average 17,000 to 21,000 bbl/d in the second half of 2026, in line with guidance, after averaging 10,000 bbl/d in the first half. Says the milestone increases the proportion of revenue linked to Brent pricing and strengthens its position as Israel's largest liquids producer. Read More
