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Energean PLC

Regulatory Filings • Apr 3, 2020

5342_rns_2020-04-03_655b7e3d-6180-46ef-9a83-52f07fd3dcc2.pdf

Regulatory Filings

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Energean Oil & Gas plc ("Energean" or the "Company")

Karish Project Update - FPSO Hull Sailaway from China

London, 3 April 2020 - Energean Oil and Gas plc (LSE: ENOG, TASE: אנאג(, the oil and gas producer focused on the Mediterranean, is pleased to announced that its FPSO hull sailed away from the COSCO yard in China on 3 April 2020.

The hull will now be towed to the Sembcorp Marine Admiralty Yard in Singapore, where the topsides will be integrated, before the completed FPSO is towed to the Karish field in Israel for installation and hookup.

The sailaway of the hull from China represents the achievement of a key milestone in the Karish project timetable. First gas on the Karish project is on track for H1 2021.