Israel Shuts Down Production from Tamar Offshore Gas Field

Reuters
Monday, October 9, 2023

Israel is suspending production at the Tamar gas field off its southern coast and will seek alternative fuel sources to meet its needs, the energy ministry said on Monday, following three days of violence in the region.

Chevron, which operates the field, confirmed it had been instructed by the ministry to shut down the field, located some 25 kilometers (15.5 miles) off the city of Ashdod along Israel's southern Mediterranean coast.

Israel's largest offshore gas field, Leviathan, continues to operate normally, Chevron said.

Chevron, Tamar field's operator, owns a 25% stake, while Isramco holds 28.75%, the UAE's Mubadala Petroleum 22%, Tamar Petroleum  16.75%, Dor Gas 4% and Everest 3.5%.

(Reuters - Reporting by Dan Williams, Ari Rabinovitch and Ron Bousso; editing by Jason Neely)

Categories: Energy Middle East Activity Production Gas Mediterranean Sea

Related Stories

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

Oil Surges 3% on Renewed US-Iran Strikes

Hormuz Reopening Risks Turning Oil Shortage Into Glut

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

Oil Edges Higher as Uncertainty Clouds US-Iran Truce

Aramco Explores Asset Sales in Multi-Billion Dollar Fundraising Push

Post-War Gulf Faces Push for Alternative Export Routes

TGS Books 3D Streamer Seismic Job in Africa and Middle East region

Oil Holds Steady as Markets Assess Renewed US-Iran Hostilities

ADNOC Looks to Canada for Upstream and LNG Growth Through XRG

Current News

Eni Enlists OneSubsea for Deepwater Umbilical Supply off Indonesia

EnQuest Clears Key Hurdle for $833M Malaysia Offshore Deal

ONGC Plans Major New Indian Oil Reserve

LNG Tankers Resume Hormuz Crossings Amid Tensions

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

From Fixtures to Values: Where the Jackup Recovery Is Already Being Priced

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

Dolphin Drilling’s Blackford Dolphin Secures More Work for Oil India

Oil Surges 3% on Renewed US-Iran Strikes

Offshore Vessel Pair Ordered from Grandweld Shipyard

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