Israel and Four Arab States Discuss Energy Sector

Ari Rabinovitch
Friday, January 15, 2021

Israel's energy minister held a video conference call with his counterparts in the United Arab Emirates, Morocco, Sudan, and Bahrain for the first time on Thursday, according to a statement from his office.

The Israeli minister, Yuval Steinitz, said the conference call discussed recently normalized ties and what impact there could be on sectors including oil and gas, renewable energy and research and development, the statement said.

The four Arab states, in deals brokered by the United States, have agreed to set aside hostilities with Israel.

Also on the call were energy ministers from the United States and Egypt. Cairo made peace with Israel in 1979.

"The ministers discussed how diplomatic relations between the countries could revolutionize national security, economic prosperity and adding content to the peace agreements, including investments in energy research and development, deploying infrastructure and technology," the statement said. 

(Reporting by Ari Rabinovitch, editing by Timothy Heritage)

Categories: Energy Middle East Industry News Activity

Related Stories

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Energean Lifts Karish Fields FPSO Oil Processing Capacity

Hormuz Crossings Decline as US Renews Iran Blockade

Oil Surges 3% on Renewed US-Iran Strikes

ADNOC, XRG and Mitsui Broaden Energy Cooperation

Oil Climbs on US-Iran Deal Uncertainty

Oil Holds Steady After US, Iran Agree to Cease Attacks

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Walking Into the Future: ADNOC Drilling Unveils First AI-Powered Island Rig

Oman Opens Alternative Hormuz Lanes as Shipping Recovery Continues

Current News

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Mermaid Maritime Expands Into US Offshore Market

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

Fugro Secures India Deepwater Drilling ROV Contract

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com