Israel opposes an accord signed last month between Libya and Turkey mapping out maritime boundaries in the eastern Mediterranean, but the deal was unlikely to lead to a conflict with Turkey, Israel's foreign minister said on Monday.The deal…
Israel on Monday granted offshore exploration licenses to two groups of energy companies in its latest round of tenders for the eastern Mediterranean.Israel's Energy Ministry, which made the announcement, hopes new activity will help position…
Suppliers hoping to tap the fast-warming Eastern Mediterranean energy market need look no further than the consortia submitting bids on 12 of 19 exploration blocks offshore Israel.With gas-supply deals in place with Egypt, Jordan, Greece and domestic Israeli producers…
Five companies submitted proposals to explore for oil and gas on 12 blocks among 19 offered in Israel's second offshore licensing round. This was the second Israeli offshore licensing round.A government press release quoted Minister of Energy…
Israel received bids from two groups of companies to explore for oil and gas off its Mediterranean coast, the Energy Ministry said on Monday.Israel had offered rights to 19 offshore blocks, and said the groups offered to explore in 12 of them…
Israel on Thursday extended its tender by a month to grant new licenses for offshore oil and natural gas exploration.The deadline for bids was due by June 17 but the Energy Ministry extended it until July 15, with the winners to be announced on August 12…
Israel's energy minister said on Sunday that Brazilian state-run oil firm Petrobras will take part in a tender to explore for oil and gas off Israel's shore, Reuters reports.'It was agreed that Petrobras ... will take part in a process of oil and gas exploration in Israel…
Israel's offshore oil and gas licensing auction will go ahead as planned in June regardless of the outcome of the country's upcoming general elections, Energy Minister Yuval Steinitz said in an interview.Israelis will head to the polls on April…
Israel will tender off 19 new offshore blocks to oil and gas companies, its energy ministry said on Sunday, hoping to rebound from a disappointing bidding round a year ago.Israel discovered in 2009 that it had large reserves of natural gas off its Mediterranean coast…
Texas-based Noble Energy sold its 43.5 percent stake in Israel's Tamar Petroleum after announcing last week that it would help finance a gas export deal with Egypt, the Israeli business daily The Marker reported on Wednesday.Noble's sale of 40 million Tamar shares…
With some of the biggest recent gas discoveries on its doorstep, the Southern and Eastern Mediterranean could be prime to grow into a gas export hub – if the countries in the region can cooperate. EIC’s Andrew Scutter sets the scene. Installation…
Energean Oil & Gas stands to gain a US$50 million investment from Kerogen Capital for its Karish and Tanin gas fields, offshore Israel. The move could see the independent private equity fund manager take a 50% stake in Energean’s Israeli subsidiary…
Israel is eyeing both future energy independence and potential export markets with the launch of its first-ever offshore licensing round. Audrey Leon reports. Image from iStock. Tiny Israel has big dreams of a gas-based economy…
Israel's Minister of Energy has opened the country's first offshore bid round covering 24 areas in the Levant Basin, with some located close to existing major gas discoveries. The discovery of giant gas fields in the Levant Basin, offshore…
Israel’s Ministry of Infrastructures, Energy and Water Resources (MIEWR) will hold the country’s first offshore energy licensing round in November, offering two dozen blocks in the Eastern Mediterranean Sea, according to IHS Energy. The Tamar platform…
