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Energean Approves Israel Gas Field Development
The Karish North field, which was discovered less than two years ago, is expected to start production in the second half of 2023, the company said in a statement.
Hurricane Energy Production Vessel Hooks Up To North Sea Oil Field
Hurricane Energy’s FPSO vessel has been connected to the group’s North Sea Lancaster oil field on March 19, another milestone for the group as it seeks to extract so-called fractured basement oil in Britain.
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Both the fixed platform and floating production markets are picking up again after serious efforts by operators and contractors to cut costs.