Delek rebrands as NewMed, eyes Morocco growth
Delek Drilling is relaunching as NewMed Energy as the company expands into new areas, such as blue hydrogen and renewable power.
Delek Drilling
Delek to return cash to backers after Tamar sale completion
Delek Drilling has completed the sale of its stake in the Tamar field to Mubadala Petroleum for $1.1 billion.
Delek seeks LNG expertise amid Leviathan plans
Delek Drilling is ramping up its efforts to expand into LNG, posting a job advertisement for an LNG senior commercial advisor.
Delek signs off on Tamar sale with Mubadala
Delek Drilling has signed the sale and purchase agreement with Mubadala Petroleum on the sale of a 22% stake in the Tamar field.
Delek’s Leviathan scales up production, exports
Delek Drilling has reported strong gas production results from the Leviathan field, off Israel, spurring it to bring forward the drilling of another production well.
Mubadala eyes Delek’s Tamar stake for $1.1bn
Delek Drilling has signed a non-binding memorandum of understanding (MoU) with Abu Dhabi’s Mubadala Petroleum on the sale of a gas field offshore Israel.
Cairn eyeing Tamar stake offshore Israel
Cairn Energy has been linked with a potential purchase of a stake in Israel’s offshore Tamar gas field from Delek Drilling.
Weak demand to limit East Med gas
Poor gas demand may restrain Eastern Mediterranean production until 2023, GlobalData has warned.
Delek refinances Leviathan debt
Delek Drilling has raised $2.25 billion through a bond issue to refinance debt taken out for its Leviathan project.
Bomb attack fails to disrupt Israeli gas to Egypt flow
A pipeline in Egypt’s Sinai has been bombed, according to reports on February 2, but imports from Israel have continued unabated.
Israeli gas flows into Egypt
Gas exports from Israel’s Leviathan field to Egypt began on January 15.