Energean (ENOG)

Down
Share Price:
756.00p
Market Cap:
£1,393.16m
Change Today:
-5.00p
Sector:
Energy Producers

Energean gets go-ahead to restart Power FPSO in Israel

By Josh White

Date: Wednesday 25 Jun 2025

LONDON (ShareCast) - (Sharecast News) - Energean confirmed on Wednesday that it has received approval from Israel's Ministry of Energy and Infrastructure to restart production at its Energean Power floating production storage and offloading (FPSO) vessel.
The FTSE 250 company said it was now working to safely resume operations in line with its standard operating procedures.

"I want to thank the entire team for their dedication and professionalism during this uniquely challenging time," said chief executive Mathios Rigas.

"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."

At 1009 BST, shares in Energean were down 0.45% at 891p.

Reporting by Josh White for Sharecast.com.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Energean Market Data

Currency UK Pounds
Price 756.00p
Change Today -5.00p
52 Week High 1,026.00p
52 Week Low 683.50p
Volume 33,225
Shares Issued 184.28m
Market Cap £1,393.16m

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