Connect with us

Hi, what are you looking for?

Jewish Business News

Business

Israel’s Delek bids for Cypriot exploration licenses oil, natgas with Cairn Energy

Gas and oil lines

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.

Delek expects that the tender winners will not be announced before the fourth quarter of 2016.

 

 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Newsletter

Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

empty

The contract signed between the Israeli government and Pfizer shows clearly and unequivocally that this is a clinical study on humans - The agreement...

Business

Now Platika joins and elite club of $10 billion plus Israeli firms.

Advertisement
cialis