9th Apr 2026 10:01
Energean PLC - natural gas development and production firm, with assets in Israel, Egypt, Italy, Croatia, Greece, and the UK - Receives notice from the Ministry of Energy and Infrastructure permitting the resumption of production and operations at its Energean Power floating production storage & offloading unit, or FPSO. Operations were suspended temporarily in early March owing to the geopolitical escalation in the region. The FPSO is located offshore northern Israel.
Says it is working to safely restart production and resume normal operations.
Current stock price: 868.50 pence, up 4.5% on Thursday morning in London
12-month change: up 18%
By Christopher Ward, Alliance News reporter
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