Energean said an FPSO will be quicker than other development solutions such as subsea tiebacks.
Karish and Tanin hold about 2.4 trillion cubic feet of contingent resources plus small volumes of liquids.
Energean will submit a development plan for both fields mid-2017. Energean estimates that $1.3 billion to $1.5 billion will need to be spent to first gas in 2020.
