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Energean’s first gas from Israel fields faces possible delays Energean said on Thursday the first gas from its flagship Israeli fields, due to start flowing at the end of this year, could slip by two to three months. The company said this was due to delays to increasing the workforce that is building its floating production, storage and offloading vessel in Singapore, which was due to sail to Israel towards the end of the third quarter 2021. Energean said this was primarily due to Covid-19 working conditions. “Energean and its contractors are in ongoing discussions to achieve the required...

Energean said on Thursday the first gas from its flagship Israeli fields, due to start flowing at the end of this year, could slip by two to three months.

Energean said on Thursday the first gas from its flagship Israeli fields, due to start flowing at the end of this year, could slip by two to three months.

Energean provides trading statement and operational update 21 Jan 2021 Energean has provided an update on recent operations and the Group's trading performance in the 12-months to 31 December 2020 together with guidance for 2021. This information is unaudited and subject to further review. Mathios Rigas, Chief Executive of Energean commented: '2020 was clearly a challenging year but nevertheless a successful one for Energean. We completed the first phase of our transition to become the leading independent gas-producer in the Mediterranean with the completion of the acquisition of Edison E&P...

Energean, run by Mathios Rigas, is London's largest independent oil and gas explorer, with a market cap of more than £1.4bn