Energean to buy support vessel for $33m

Energean said it had agreed to buy a field support vessel (FSV) from Prime Marine Energy for $33.25m.

The FSV, which is being constructed, will provide in-country capability to support Energean’s Karish project offshore Israel, including floating production, storage and offloading vessel re-supply, crew changes, holdback operations for tanker offloading, emergency subsea intervention, drilling support and emergency response.

“The purchase of this multi-purpose vessel will enhance operational efficiencies and economics when compared to the leasing of multiple different vessels for the various activities,” Energean said on Friday.