London-listed independent Energean has chosen a floating production unit and a floating production, storage and offloading vessel as the fast-track development solutions of choice for two potential new projects offshore Israel.

Energean has chartered the Stena IceMax drillship for a multi-well exploration and development drilling campaign this year in Israeli waters and has provisionally lined up wildcats on the Hermes and Hercules prospects.

If the Hermes-1 probe in block 31 is a success, the company will move fast to develop the field via an FPU, and if the Hercules-1 wildcat in block 23 meets expectations, it is set to be exploited via an FPSO.