IN BRIEF: Energean instructed to restart production at Israel FPSO
Energean PLC - London-based company has energy assets in Israel and the UK North Sea, as well as in Egypt, Italy, Croatia. - Receives notice from the Israel's Ministry of Energy & Infrastructure to safely restart and resume production and operations at Energean Power FPSO, its floating production, storage & offloading unit. Says it is working to safely restart operations in line with its operating procedures. Earlier in June, Energean received an order from the ministry to halt production. This came after Israel's attacks on Iranian nuclear sites. "I want to thank the entire team for their dedication and professionalism during this uniquely challenging time. We look forward to bringing production safely back online, in full coordination with the authorities, to deliver energy security to Israel and the broader region," says Chief Executive Mathios Rigas. Read More