Energean to drill Karish North next year
Energean Oil and Gas said today that it will drill an exploration well in the Karish North prospect, offshore Israel, in the first quarter of 2019.
Israel
Oil climbs as Israel and Iran clash after Trump’s sanctions move
Oil extended gains above $77 a barrel as a conflict between Israel and Iran ratcheted up, increasing prospects for tighter global supply after the U.S. renewed sanctions on OPEC’s third-largest producer.
Energean gets nod for Karish-Tanin vessel design
Assurance body DNV-GL has approved Energean Oil & Gas's design for a new-build floating production vessel for a major oilfield development off Israel.
Israeli gas company announces export deal with Egypt
An Israeli energy company has announced a 15 billion dollar (£10.6 billion) deal to supply natural gas to Egypt, in the largest export agreement to date for Israel's nascent natural gas industry.
Total enters exploration block close to Lebanon-Israeli border dispute
French energy giant Total has entered into an oil and gas field in close proximity to the Israeli-Lebanese border dispute in the Middle East.
Noble Energy selling Tamar stake for $800 million
Houston's Noble Energy said it will sell a 7.5 percent stake in its large Tamar gas field offshore of Israel in the Mediterranean for $800 million.
Israel gas prices take a hit after high court opens door for lawsuit
Israeli gas stocks were headed for their biggest losses in more than three months after the High Court opened the door for a future lawsuit against the firms that sell fuel to the country’s largest energy consumer.
Energean gets green light for Israeli offshore gas fields
Israel has approved Energean's field development plan (FDP) for two offshore natural gas fields in the Mediterranean.
Shell mulls stocking Egyptian plant with gas from Israel, Cyprus
Shell is seeking creative solutions to bring gas from Israel and Cyprus to market, a step that could help turn the Mediterranean region into a major gas-producing hub.
Energean signs oil and gas supply agreements
Energean Oil & Gas’ subsidiary Energean Israel has signed agreements for the supply of natural oil and gas from the Karish and Tanin fields, offshore Israel.
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.
Greece’s Energean to spend up to $1.5bln on Israeli offshore gas project
Energean Oil & Gas plans to build its own production system in the Eastern Mediterranean at a cost of up to $1.5billion to tap two offshore Israeli gas fields.
Energean’s $148m deal for Israeli gas fields cleared
Israel’s petroleum council has sanctioned Energean Oil and Gas’s $148million deal for two assets in the Mediterranean.
Israeli firm to buy $700m of oil from Leviathan field
An Israeli company has inked a deal to buy up to $700million of natural gas from the Leviathan field, which is under development in the Mediterranean.
Israel gas partners close to $4bn financing for Leviathan
The companies that own the rights to Israel’s largest natural gas pool are close to securing the $4 billion financing needed to develop the field, according to the chief executive officer of one of the partners.
Unwanted: The $10bn gas deal with Israel that Jordan needs
For one hour every Sunday, Alaa Wishah and his family sit at home in the dark.
Cypriots buy into Israeli offshore gas fields
Israel’s monopoly watchdog has forced energy firm Delek Group and its partner, Noble Energy, to sell their interests in two gas fields in the Mediterranean amid competition concerns.
Swiss court backs Iran in decades-old oil row with Israel
Switzerland's highest court has ordered Israel to pay Iran around $1.1 billion plus interest in a decades-old dispute over a secretive oil pipeline company predating the 1979 Islamic revolution which made the countries enemies.
Israel eyes oil opportunities following Turkey agreement
Israeli Prime Minister Benjamin Netanyahu has said his nation’s agreement with Turkey to normalise ties will have immense implications for the Israeli economy.
Noble and partners receive Leviathan go-ahead
Israel has approved the development of the $5billion Leviathan natural gas field which is set to give Israel a second source of gas supply and turn it into a gas exporter.
Delek results boosted by natural gas sales
Israeli energy company Delek Group swung to a profit in the fourth quarter, boosted by higher natural gas sales and a rise in finance income.
Leviathan Gas Partners say High Court ruling won’t derail plans
Partners in Israel’s largest offshore gas field say a court ruling that blocked the government’s proposal to regulate the natural gas industry won’t derail their development plans. The nation’s oil and gas stock index sank.
Israel’s High Court strikes down government natural gas plan
Israel’s High Court struck down the government’s controversial proposal to regulate the natural gas industry, in a dramatic ruling that blocked plans to develop the country’s largest field and conclude export deals.
Leviathan partners in talks to supply gas to Israeli companies
Partners in the Leviathan natural gas site in Israel are said to be in talks to supply gas to a number of companies in the region. A statement to the Tel Aviv Stock Exchange showed a message from units of Delek Group which said the firms were private electricity producers and industrial companies.
Israeli government agrees to export natural gas to Egypt
Israel's government has given the go-ahead to begin exporting natural gas to Egypt in a move which could signal an improvement in relations between the two countries. The country will be able to sell five billion cubic metres of gas to Egypt over the course of the next seven years from the Tamar site off its Mediterranean coast.