Sunday, May 19, 2013
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Significant natural gas deposits were discovered Wednesday at the Karish 1 drilling platform, off the coast of Nahariya, Israel. Karish 1 is owned in part by business magnate Yitzhak Tshuva's Delek Group, which is also the controlling shareholder of the offshore Tamar field from which Israel started...
First gas from the Tamar natural gas field offshore Israel started flowing on Saturday. "Today (we begin) independence in Israeli natural gas. It is an enormous achievement for the Israeli economy and the start of a new era," the Jerusalem Post quoted Yitzhak Tshuva, of Delek Group as saying. The Tamar...
The Israel Electric Corporation (IEC) cancelled its natural gas purchase agreement with East Mediterranean Gas Company (EMG) last month, the Israeli company said in its financial statement for 2012. IEC said that this development is not likely to have any impact on the company “since the gas supply...
Noble Energy has announced results from its second Leviathan appraisal well located in the Rachel license offshore Israel. The Leviathan #4 appraisal well was drilled to a total depth of 16,992 feet and encountered 454 net feet of natural gas pay in multiple intervals, the thickest net pay...
Gazprom Marketing & Trading Switzerland AG, a subsidiary of Russian giant Gazprom, and Levant LNG Marketing Corporation have inked a deal where Gazprom will buy LNG from Tamar floating LNG project for a 20 year period. The agreement follows an earlier Letter of Intent signed between the two...
Jordan’s Arab Potash Company (APC) [i], one of the world’s largest potash producers, “is in contact with its Israeli counterpart through the American oil and gas firm Noble Energy to examine the possibility of importing gas,” Jordan’s Minister of Energy said in a statement, AFP...
Tamar Partners are in talks to sell natural gas to Jordanian companies, Reuters reported citing a news item in financial news site The Marker. The Tamar prospect, whose estimated reserves of 274 bcm made it one of the largest discoveries of the past decades, is expected to begin production in the next...
Israeli firms Delek Drilling and Avner Oil and Gas Exploration inked a deal to acquire a 30 percent stake in exploration rights for gas and oil off the southern shore of Cyprus, various media reports has suggested. Noble Energy would be undertaking the drilling operations. Cyprus recently signed...
BP has started delivering liquefied natural gas to Israel via an offshore buoy Thursday to help meet Israel’s energy needs until it begins production of local gas from an offshore field later this year, Dow Jones has reported citing government officials. The gas will be consumed by state-owned...
AGR operated Aphrodite-2 well, off the coast of Israel, has reached a depth of 5,652 meters from sea level and found significant signs of natural gas. “AGR further stated that 'It is clarified that the production tests have not been performed in the well. The natural gas signs do not...