REG - Energean PLC - Restart of Production from the Energean Power FPSO

EnergeanAnnouncement

25/06/2025 09:15

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RNS Number : 3483O  Energean PLC  25 June 2025

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

 

 Energean plc

("Energean" or the "Company")

 

Restart of production from the Energean Power FPSO

London, 25 June 2025 - Energean plc (LSE: ENOG, TASE: אנאג) is pleased to
announce that it has received notice from the Ministry of Energy and
Infrastructure, instructing the safe restart and resumption of production and
operations at its Energean Power FPSO.

Energean is working to safely restart production and resume normal operations
in line with its operating procedures.

Mathios Rigas, Chief Executive Officer of Energean, commented:

"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."

Enquiries

 

 For capital markets:
 Kyrah McKenzie, Investor Relations Manager                                                         Tel: +44 (0) 7921 210 862
 ir@energean.com (mailto:ir@energean.com)
 For media:
 Eliana Fishler, Group Head of Communications & Public Affairs                                      Tel: +972 (0) 54 434 2040
 efishler@energean.com (mailto:efishler@energean.com)
 Ben Brewerton, FTI Consulting                                                                      Tel: +44 (0) 2037 271 065
 energean@fticonsulting.com (mailto:energean@fticonsulting.com)

 

Forward looking statements

This announcement contains statements that are, or are deemed to be,
forward-looking statements. In some instances, forward-looking statements can
be identified by the use of terms such as "projects", "forecasts", "on track",
"anticipates", "expects", "believes", "intends", "may", "will", or "should"
or, in each case, their negative or other variations or comparable
terminology. Forward-looking statements are subject to a number of known and
unknown risks and uncertainties that may cause actual results and events to
differ materially from those expressed in or implied by such forward-looking
statements, including, but not limited to: general economic and business
conditions; demand for the Company's products and services; competitive
factors in the industries in which the Company operates; exchange rate
fluctuations; legislative, fiscal and regulatory developments; political
risks; terrorism, acts of war and pandemics; changes in law and legal
interpretations; and the impact of technological change. Forward-looking
statements speak only as of the date of such statements and, except as
required by applicable law, the Company undertakes no obligation to update or
revise publicly any forward-looking statements, whether as a result of new
information, future events or otherwise. The information contained in this
announcement is subject to change without notice.

Inside Information

This announcement contains inside information as stipulated under the Market
Abuse Regulation no 596/2014 (incorporated into UK law by virtue of the
European Union (Withdrawal) Act 2018 as amended by virtue of the Market Abuse
(Amendment) (EU Exit) Regulations 2019). Upon the publication of this
announcement via a regulatory information service, this inside information is
now considered to be in the public domain. The person responsible for
arranging for the release of this announcement on behalf of Energean is
Eleftheria Kotsana, Company Secretary.

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