Updated: Delek to takeover Ithaca Energy in major North Sea deal
Delek Group is set to takeover Ithaca Energy.
Delek
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.
Leviathan field partners agree development plan
The partners in the Leviathan gas field in the Mediterranean have approved the development plan and are targeting start-up by the end of 2019.
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.
Speculation rife about why EnQuest and Delek ended talks over Kraken
A potential farm-out deal for one of the UK North Sea’s biggest oil prospects has collapsed.
Enquest fails to farm-out North Sea Kraken
Enquest today confirmed its discussions with Delek regarding a possible North Sea farm-out have officially "terminated".
Delek said to weigh New York, London energy IPO up to $4bn
Delek Group Ltd., the Israeli energy company controlled by billionaire Isaac Tshuva, is considering New York, London or Amsterdam for an initial public offering of its stake in the Tamar natural gas field valued at $3 billion to $4 billion, according to people with knowledge of the matter.
Israel’s Delek in talks to buy 20% of North Sea Kraken discovery
Israel’s Delek Group said yesterday it was at an advanced stage of talks over a deal to acquire a 20% stake in one of the UK’s biggest oil prospects.
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.
Minister resignation paves way for Israel’s natural gas plans
The resignation of Israel’s economy Minister Aryeh Deri has paved the way for the country to develop its natural gas fields.
Delek Group invest $66million in Ithaca Energy
The investment arm of Israeli gas firm Delek Group has acquired an almost 20% stake in Ithaca Energy for $66million. The deal underlines investors still see value in North Sea related businesses, despite a slump in oil prices and high operating costs in the region.