REG - Energean PLC - Temporary Suspension of Production from FPSO

EnergeanAnnouncement

13/06/2025 09:00

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RNS Number : 7671M  Energean PLC  13 June 2025

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

 

 Energean plc

("Energean" or the "Company")

 

Temporary suspension of production from the Energean Power FPSO

London, 13 June 2025 - Energean plc (LSE: ENOG, TASE: אנאג) confirms that
it received notice from the Ministry of Energy and Infrastructure on 13 June
2025 ordering the temporary suspension of production and activities of the
Energean Power FPSO, following the recent geopolitical escalation in the
region.

The safety of Energean's staff is our top priority. All production activities
have now been temporarily suspended and notices have been issued to Energean's
customers and other stakeholders.

Energean maintains a close dialogue with the Ministry of Energy and
Infrastructure and other relevant stakeholders to facilitate the safe
resumption of production as soon as possible.

Further updates will be provided as they become available.

Enquiries

 

 For capital markets: ir@energean.com (mailto:ir@energean.com)
 Kyrah McKenzie, Investor Relations Manager                         Tel: +44 (0) 7921 210 862

 For media: pblewer@energean.com (mailto:pblewer@energean.com)
 Paddy Blewer, Corporate Communications Director & Head of CSR      Tel: +44 (0) 7765 250 857

 

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.

 

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