Israel
News
March 18, 2021
Futures have backtracked since Brent rallied above $71 a barrel and U.S. crude topped $67 earlier this month. China has muted its buying, touching off physical-market weakness in Asia, and a shaky Covid-19 vaccine rollout in parts of the world spells trouble for a complete demand recovery in the short term.
News
March 03, 2021
A Libyan ship that sailed from Iran dumped oil into the sea off the coast of Israel in early February, Israel's Minister of Environmental Protection Gila Gamliel told reporters on Wednesday.
News
February 20, 2021
The announcement comes as nations in the eastern Mediterranean ramp up investments in offshore gas fields. Egypt is seeking to become a major hub for exporting LNG to Europe, where demand is growing as governments transition from dirtier fossil fuels such as coal and oil.
News
February 11, 2021
Energean sees potential to find about 110 billion cubic meters of gas that it could sell over the next 10-20 years, doubling the company's current reserves in Israel.
News
January 20, 2021
The partners in the Leviathan and Tamar fields, which sit off Israel鈥檚 Mediterranean coast, signed an agreement under which Israel Natural Gas Lines Ltd. will lay a new subsea pipeline and expand some of its existing ones, according to a statement Tuesday from Delek Drilling LP, a shareholder in both reservoirs.
News
September 22, 2020
Greece, Italy, Egypt, Israel and two other countries will form a permanent organization to promote co-operation over natural gas in the Eastern Mediterranean. Turkey, which has raised tensions by exploring for the fuel in contested waters, is not as yet included.
News
September 02, 2020
Zion鈥檚 Israeli operations have completed setting the MJ02 conductor pipe to a depth of 110 feet. Cellar construction and additional engineering work continue on the pad site in preparation of the rig arrival and spud. Zion will use the same pad site as the MJ#1 well, saving valuable time and significant expense.
News
January 16, 2020
Turkey will issue new exploration licenses in the eastern Mediterranean now that it鈥檚 set a maritime border with Libya, President Recep Tayyip Erdogan said Thursday, a step liable to exacerbate strains with Greece and the European Union.
News
January 15, 2020
Egypt began receiving natural gas from Israel, enacting a deal initially worth $15 billion that鈥檚 part of the North African country鈥檚 plan to become an energy re-export hub on Europe鈥檚 doorstep. Israeli gas stocks rose.
News
December 31, 2019
A decade after its discovery was lauded as a guarantor of Israel鈥檚 energy security, the giant Leviathan natural-gas field started production Tuesday. But instead of anticipating a coal-free future, residents living near the gas platform have abandoned their homes for a day.
News
December 19, 2019
Jerusalem鈥檚 district court ruled late Tuesday that the firms developing Leviathan are barred from pollutive activity until further notice, in effect halting operations.
News
September 11, 2019
Egypt expects to begin receiving natural gas from Israel by the end of 2019, the oil minister said, fulfilling a $15 billion deal that will position the North African country as an energy re-export hub on Europe鈥檚 doorstep.
News
July 30, 2019
The Israeli Ministry of Energy has awarded 12 new offshore blocks in Israel鈥檚 Exclusive Economic Zone in its second license round, adding British companies Cairn and Soco to an international roster of oil and gas companies operating in the country鈥檚 waters.
News
July 24, 2019
The parties to a $15 billion deal to export Israeli natural gas to Egypt are changing the agreement to reduce the risk of disruptions.
News
June 25, 2019
Energean Oil and Gas plc has announced that it has signed a Detailed Agreement with Israel Natural Gas Lines (INGL) for the transfer of title (the hand over) of the near shore and onshore part of the infrastructure that will deliver gas from the Karish and Tanin FPSO into the Israeli national gas transmission grid.
News
May 27, 2019
Israel is willing to enter U.S.-mediated talks with Lebanon on setting a maritime border, the Energy Ministry said today.
News
May 01, 2019
Deepwater mooring rope manufacturer, Lankhorst Offshore, has been awarded a contract by TechnipFMC to supply the mooring lines for the Energean Power Floating Production Storage and Offloading (FPSO) for the Karish and Tanin gas fields, located in the eastern Mediterranean, approximately 55.92 mi (90 km) offshore Israel.
News
April 15, 2019
Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announce that the Karish North exploration well has made a significant gas discovery.
News
April 10, 2019
Exxon Mobil is in discussions to build a platform that would expand the export reach of Israel鈥檚 biggest natural gas field.
Article
April 2019
During a recent visit to Houston, Israel鈥檚 chief geologist, Dr. Michael (Miki) Gardosh, who operates within the Ministry of Energy, visited with R8国际娱乐 Editor-in-Chief Kurt Abraham, providing an update on the country鈥檚 E&P sector. Activity remains solid offshore, buoyed by a current bidding round, and there also is some renewed interest onshore.
News
March 04, 2019
Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, has announced that it has commenced its 2019 drilling program in Israel.