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

Riyadh Attacks Disrupt Oil Majors' Summit Plans

LNG Flows Through Hormuz Hit Seven-Month High

Arabian Drilling Inks $533M Deal for Four Jack-Up Drilling Rigs

QatarEnergy's LNG Expansion Faces Delays from Hormuz Crisis

Hormuz Ship Traffic Slumps as Middle East Conflict Drags On

Oil Goes Down 2% as Saudi Supply Concerns Recede

Saudi Oil Lifeline Shut After Attack as Red Sea Threat Grows

Oil Jumps as Houthi Strikes Disrupt Saudi Energy Operations

Iran Outlines Terms for Restoring Hormuz Shipping

Iran-Oman Talks on Hormuz Reopening Drive Down Oil Prices

Current News

Oil Caught Between Trump's Russia Supply Push and Middle East Risks

Eni Agrees Indonesian Gas Asset Sales to Pertamina and Medco

Riyadh Attacks Disrupt Oil Majors' Summit Plans

Iran Weighs US Response as Hormuz Reopening Talks Stall

Valeura Starts Wassana Platform Installation Offshore Thailand

Oil Stabilizes as IEA Moves to Speed Up Emergency Stock Releases

Yinson Production Raises $1.46B to Refinance Agogo FPSO

Oil Climbs on US Storm Threat, Saudi Attack Risks

KBR to Support Aramco’s Marjan Offshore Field Upgrade

Oil Industry Braces for Years of Market Disruption

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