Cairn Energy has been linked with a potential purchase of a stake in Israel’s offshore Tamar gas field from Delek Drilling.
Poor gas demand may restrain Eastern Mediterranean production until 2023, GlobalData has warned.
Delek Drilling has raised $2.25 billion through a bond issue to refinance debt taken out for its Leviathan project.
A pipeline in Egypt’s Sinai has been bombed, according to reports on February 2, but imports from Israel have continued unabated.
Gas exports from Israel’s Leviathan field to Egypt began on January 15.