French energy services company TechnipFMC secures contract for work offshore Israel less than a week after a developer made a final investment decision. Photo courtesy of TechnipFMC March 26 (UPI) — French services company TechnipFMC said Monday it nabbed a contract for work at an Israeli natural gas field less than a week after a final investment decision. For undisclosed terms, the French company said it secured a contract from Greek energy company Energean for work on the Karish natural gas field in the Israeli waters of the Mediterranean Sea. Technip under the terms of the agreement will help with design, construction and installation of a floating production storage and offloading unit for Karish, with tie-ins to the nearby Tanin field. Hallvard Hasselknippe, the president of TechnipFMC’s subsea business, said the arrangement caters to the companies experience in floating production units and subsea infrastructure. “By simplifying subsea field architecture, […]