Greek player Energean Oil & Gas has received a $50 million injection after roping in a partner to help with its planned gas field development off Israel, which is set for sanction this year.
Private equity outfit Kerogen Capital is getting a 50% stake in Energean Israel for its initial investment, which will in part fund front-end engineering and design studies and a field development plan, which are both currently ongoing with contractor TechnipFMC.
Kerogen
