UK Firm Energean Halts Offshore Israel Production After Strikes on Iran

UK-based oil and gas producer Energean plc has suspended production from its offshore platform in Israel following the escalation of tensions in the Middle East.

Energean on Friday confirmed it received notice from the Ministry of Energy and Infrastructure on June 13, 2025, ordering the temporary suspension of production and activities of the Energean Power FPSO, following the recent geopolitical escalation in the region.

“All production activities have now been temporarily suspended and notices have been issued to Energean’s customers and other stakeholders,” Energean said in a statement.

The company maintains a close dialogue with the Israeli Ministry of Energy and Infrastructure and other relevant stakeholders “to facilitate the safe resumption of production as soon as possible.”

The suspension of activities comes after Israel launched a series of coordinated airstrikes on Iran, targeting nuclear facilities in what it describes as a decisive move to prevent the Islamic Republic from becoming a nuclear power.

Iran has vowed to retaliate, and Israel is preparing for that retaliation.

Offshore Israel, the UK’s Energean is also developing the Katlan gas field, which the company said last month is progressing on schedule, with first gas on track for the first half of 2027.

Israel’s offshore area has several large natural gas fields, which were shut during similar Israel-Iran escalations in recent years.

The Leviathan and Tamar fields, operated by U.S. supermajor Chevron, have briefly halted operations following similar events.

Last October, Chevron briefly suspended natural gas production and supply from two platforms offshore Israel as a precaution following an Iranian missile attack on Israel.

By Tsvetana Paraskova for Oilprice.com

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