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(Alliance News) - Shares in Energean Oil & Gas PLC fell on Wednesday, after it said a production vessel will have to be moored in Singapore for two weeks due to lockdown measures.
Shares in the company were 11% lower at 673.00 pence each in London on Wednesday afternoon.
The Mediterranean-focused oil and gas producer said its Energean Power floating production storage and offloading vessel arrived at the Sembcorp Marine Admiralty Yard in Singapore on Wednesday.
"On arrival, Energean was informed of a two-week temporary halt to operations at the yard, commencing April 17, which is intended to reduce the risk of Covid-19 transmission. Sembcorp Marine will secure the hull mooring during this period," Energean said.
By Eric Cunha; ericcunha@alliancenews.com
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