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Energean Oil & Gas Changes Its Name

Source: www.gulfoilandgas.com 5/29/2020, Location: Middle East

Energean (LSE: ENOG), the oil and gas producer focused on the Mediterranean, is pleased to announced that, following shareholder approval at the Annual General Meeting of the Company held on 21st May 2020, it has changed its name from Energean Oil & Gas plc to Energean plc.

Energean retains its strong commitment to sustainable development and its ESG goals, regardless of the impact of the global COVID-19 pandemic, and is building on the commitment it made in December 2019 to becoming a net-zero carbon emitter by 2050. The Company's first target is to deliver a 70% reduction to its carbon emissions by 2022, by when it expects to have delivered first gas from its flagship Karish gas development and integrated the gas-weighted Edison E&P portfolio.

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