Israel’s Delek Drilling is in talks to sell its stake in the offshore natural gas field for up to $1.1 billion, financial news website Calcalist reported on Monday.Delek owns a 22% stake in Tamar, one of Israel’s main energy sources, which it is required to sell by the end of the year under a government framework to open the sector to competition. The company holds a stake of about 45% of the nearby Leviathan gas field…
Israel is considering rolling back export limits on natural gas, allowing energy companies to sell more abroad before demand wanes in the global market, according to a draft government report.Fewer restrictions could attract more energy groups to explore Israeli waters…
Mediterranean Sea-focused oil and gas company Energean has taken Final Investment Decision ('FID') on the Karish North gas development, offshore Israel.The gas discovery was announced in April 2019. In November 2020, DeGolyer and MacNaughton…
Israel and Lebanon resumed U.S.-mediated talks on Wednesday on a dispute about their Mediterranean Sea border that has held up hydrocarbon exploration in the potentially gas-rich area, the Israeli energy minister, and Lebanon’s state news agency said…
Living quarters and eigh pipe rack modules have been lifted aboard the Energean Power FPSO hull as the construction of Energean's FPSO destined for the Mediterranean Sea progresses in Singapore.The FPSO hull, built in China is being outfitted with topside modules at Sembcorp’s Admiralty Yard…
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