An Israeli court issued a temporary injunction against the Leviathan project, a giant natural gas field led by Delek Drilling LP and Noble Energy out of concerns that it may endanger the health of the public.
A unit of Delek Group Ltd. is seeking alternative means of financing to complete its $2 billion acquisition of some of Chevron Corp.’s North Sea oil and gas assets after initial funding arrangements hit stumbling blocks, according to people familiar with the matter.
The companies developing Israel’s largest natural gas fields agreed to increase supply to their Egyptian customer as part of a landmark contract to help meet growing demand in the most populous Arab country.
By Corporate finance division at Anderson, Anderson & Brown LLP
Oil and gas transactions have remained steady throughout Q2 2019 with significant activity among operators as the focus continues to be on the divestment of non-core assets.
Aberdeen-headquartered Ithaca Energy has announced it is set to launched a debt finance offering of £558 million in senior notes in an effort to realise its acquisition of Chevron's North Sea business.
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.
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.
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.
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 Drilling today confirmed that project partners have taken a final investment decision (FID) on the Leviathan field development in the Mediterranean.
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.