Equinor snatches Caesar-Tonga deal from Delek
Norwegian energy giant Equinor has confirmed it swept in at the eleventh hour to snatch a huge Gulf of Mexico deal from Israel-headquartered firm Delek Group.
Delek Group
US Gulf set for ‘big year’ of M&A deals
Delek and Ineos said to be front-runners for Chevron’s North Sea fields
Israel’s Delek Group Ltd. and U.K. chemicals company Ineos Group are emerging as the front-runners for a package of North Sea oil and gas fields put on sale by Chevron Corp., according to people familiar with the matter.
Shell to sell stake in Gulf of Mexico asset for £738million
Shell has announced it will sell its interest in an offshore field in the US Gulf of Mexico for £738million.
Delek profits drop, but Ithaca on the up
Profits dropped at Delek Group last year despite a strong showing from its North Sea business, Ithaca Energy.
Ithaca closing in on £230m loan
North Sea oil firm Ithaca Energy said today that it had received a commitment letter for a five year, $300 million (£230m) loan facility.
Ithaca boosts production, on course for Harrier start-up
Ithaca Energy said today that output from the North Sea Stella field helped it increase overall production by 95% to 18,165 barrels of oil per day in the first quarter of 2018.
Ithaca production adds £4m to Delek’s net income in 2017
Israeli firm Delek Group said today that its takeover of North Sea oil producer Ithaca Energy gave it a shot in the arm last year.
Delek boss says firm will become global player
Delek Group boss Asaf Bartfeld said yesterday the UK oil and gas newcomer aimed to continue beefing up its international presence.
Delek moves for all of Ithaca’s shares
Israel’s Delek Group has given notice of its compulsory share purchase of the remaining shares in Ithaca Energy it does not currently own.
Ithaca shareholders accept Delek takeover offer
North Sea firm Ithaca Energy said today that its investors had overwhelmingly backed a takeover offer from Israel's Delek Group.
Delek says international expansion does not stop at Ithaca
Israel’s Delek Group is eyeing new acquisition targets in the North Sea.
Delek profits jump as Ithaca deal nears completion
North Sea newcomer Delek Group posted a significant increase in profits last year as it looks to complete the acquisition of Ithaca Energy.
Ithaca spells out why shareholders should sell out to Israel’s Delek Group
North Sea oil producer Ithaca Energy has formally urged investors to accept a takeover offer for all the remaining stock not already owned by its largest shareholder.
Delek says final investment decision taken on $3.75bn Leviathan field
Delek Drilling today confirmed that project partners have taken a final investment decision (FID) on the Leviathan field development in the Mediterranean.
Ithaca boss pledges security for staff in Delek takeover
Bosses at Ithaca Energy said it would be “business as usual” for the North Sea oil producer following its anticipated takeover by Israeli firm Delek Group.
Flurry of deals shows investors still believe in North Sea
A recent spate of acquisitions shows oil companies and investors still see potential in the North Sea, a lawyer said yesterday.
Fair Delek-Ithaca deal to spark interest in North Sea E&Ps, analysts say
Israel’s Delek Group has made a “reasonable” offer for the remaining shares in Ithaca Energy, analysts agreed yesterday.
Ithaca shareholder speaks out against Delek deal, report says
An investor in Ithaca said it “strongly urges” shareholders to reject a takeover offer from Israeli firm Delek Group.
Updated: Delek to takeover Ithaca Energy in major North Sea deal
Delek Group is set to takeover Ithaca Energy.
Dana Petroleum bails out of Faroe as Israelis build up their stake in the North Sea
Israel’s Delek Group has taken a 13.18% stake in Aberdeen firm Faroe Petroleum after a £42.77million Christmas shopping splurge to boost its North Sea presence.