Israel’s Delek Group, gas and oil exploration units Avner Oil and Gas LP and Delek Drilling LP, have applied for for the Cypriot government license in offshore oil and gas exploration tender.
Winning such a bid would by synergistic to its operations in Israel’s Tamar and Liviatan offshore gas fields. Delek says its was submitted as part of the Capricorn Oil consortium, a unit of Cairn Energy.
Cairn Energy, is traded on the London Stock Exchange under the CNE ticker.
Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.
Delek expects that the tender winners will not be announced before the fourth quarter of 2016.
