Energean completed the acquisition of the remaining 30% stake in Energean Israel from Kerogen Capital for $405m.

Energean, an international exploration and production company, with focus on gas, completed the acquisition of the 30% stake in its subsidiary Energean Israel from Kerogen Capital, an independent private equity fund manager specialising in the international oil and gas sector, for $405m. "I am delighted that we have increased our holding in Energean Israel to 100%, which will enable us to further generate long-term value by capitalising on the production growth and upside potential of our Israeli acreage offshore whilst further supporting our ambition to be the leading independent gas producer in the Mediterranean," Mathios Rigas, Energean CEO.