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

Iraq, Pakistan Secure Oil Shipments via Hormuz with Iran Agreements

Gulf Marine Services Profit Plunges After Gulf Vessel Evacuations

Brent Near $114 as Middle East Conflict Continues

United Arab Emirates Exits OPEC and OPEC+

Middle East Conflict Jolts Offshore Drilling Market

US-Israel War on Iran Creates Biggest Energy Crisis in History

Saipem Bags $400M in Offshore Contracts from Aramco in Saudi Arabia

Philippines Seeks US Extension to Buy Russian Oil

Oil Surges Over 7% to Above $102 Ahead of US Hormuz Blockade

UK Declines to Support US Hormuz Blockade, PM Starmer Says

Current News

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

Inpex Expands Australia Gas Portfolio with Browse Minority Stake Deal

UAE Speeds Up Pipeline Project to Help Bypass Hormuz

PV Drilling Secures Jack-Up Rig Deal from Zarubezhneft off Vietnam

Longitude to Integrate SynergenOG Following ABL Group Acquisition

Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds

Global Oil Supply to Fall Short of Demand as Iran War Goes On, IEA Says

Iraq, Pakistan Secure Oil Shipments via Hormuz with Iran Agreements

Norway O&G Revenue Forecast Jumps 30% for '26

QatarEnergy, TotalEnergies and ConocoPhillips Team Up on Syria Offshore Block

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