Jan 15, 2021 · LONDON: Energean announced on Thursday it will develop a new natural gas field off the coast of Israel at an initial cost of $150 million. Energean also said it had signed an 18-month, $700 million loan facility with J.P. Morgan and Morgan Stanley to help fund the development and pay for the acquisition of a minority stake in Energean Israel from private equity firm Kerogen. Jan 14, 2021 · By Mike Turner 12.30 PM Energean, the London-listed oil and gas company, has signed a $700m loan to develop a gas field off the shore of Israel, as the company enters the final stretch in having 1 day ago · Energean expects first gas in the second half of 2022. The work will provide 90 million cubic feet (2.5 million cubic metres) per day fay of gas and 1,000 barrels per day of condensates. It will