UK's Energean Suspends Production Offshore Northern Israel
Israel launched widescale strikes against Iran on Friday, prompting a retaliation from Iran.
The company, which has operations in Israel, Egypt, and European countries, said it got a notice from Israel's Ministry of Energy and Infrastructure ordering the suspension.
"All production activities have now been temporarily suspended and notices have been issued to Energean's customers and other stakeholders," Reuters quoted the company as saying in a statement.
A spokesperson for Energean said the power FPSO contributes a "significant" amount to the group's total output.
Shares in Energean were down 6.9% at 0808 GMT.
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