Energean suspends FPSO production over Israel-Iran conflict

Energean

UK-based energy company Energean has temporarily suspended production activities on its FPSO located offshore Israel due to the escalation of conflicts with Iran.

On Friday, Israel launched widespread strikes against Iran, which led to immediate retaliation from Iran.

Energean said that it received notice from the Israeli Ministry of Energy and Infrastructure ordering the temporary suspension of production and activities on the 2022-built Energean Power FPSO.

All production activities from the FPSO have been suspended, and the company issued notices to its customers and other stakeholders.

“The safety of Energean’s staff is our top priority. 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,” the company said.

Source: Splash247.com

We give you energy news and help invest in energy projects too, click here to learn more

Crude Oil, LNG, Jet Fuel price quote

ENB Top News 
ENB
Energy Dashboard
ENB Podcast
ENB Substack

About Stu Turley 4770 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.