Israel's Ministry of Energy announced on Thursday that it has instructed Energean, an international oil and gas exploration and production company, to resume operations at the Karish gas platform along the Mediterranean coast. According to Odaily, this decision follows a ceasefire agreement between the United States and Iran. The platform had been shut down since February 28 due to safety concerns amid the conflict involving the U.S., Israel, and Iran.
Energean confirmed receipt of the notification from the Ministry of Energy, which will allow the safe restart of the Karish facility and the resumption of production and operations. The company stated that it is working according to operational procedures to ensure a safe restart and return to normal operations. Following this announcement, Energean's shares, listed in London, rose by 2.4%.