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Energean lowers 2024 production outlook, Israel operations unaffected

Gas producer Energean has lowered its 2024 production forecast due to lower sales in Israel caused by bad weather conditions. The company now expects 2024 production to be between 150,000 and 155,000 barrels of oil equivalent per day (boepd), compared to its previous forecast of 155,000-165,000 boepd. However, day-to-day production in Israel remains unaffected by ongoing geopolitical developments. Energean is continuing to deliver energy security to Israel and the broader region through the optimization of production from its FPSO, which has been operating at 99% uptime.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14135935/Energean-lowers-2024-production-outlook-Israel-operations-unaffected.html
Source Id: 8432707210

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