StockMarketWire.com - Gas producer Energean said work had recommenced on the Energean Power floating production storage offloading (FPSO) vessel in Singapore's Admiralty yard.

The company also said subsea installation, which provided a way to produce hydrocarbons from areas not easily developed by the use of an offshore platform, was also progressing as planned.

The key FPSO activities that would be required to achieve first gas included topsides integration and commissioning activities in Singapore, which were expected to take about 10 months.

That would be followed by the FPSO tow to the Karish field in Israel and subsequent mooring, hook-up and commissioning of the FPSO expected to take up to four months.

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