Energean PlcLSE: ENOG

Restart of Production from the Energean Power FPSO

· Issued by Energean Plc

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

For media:

Eliana Fishler, Group Head of Communications & Public Affairs

Tel: +972 (0) 54 434 2040

efishler@energean.com

Ben Brewerton, FTI Consulting

Tel: +44 (0) 2037 271 065

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.