Delek Drilling Sells Tamar Stake for $1.025 Billion to Abu Dhabi Firm

Israel’s Delek Drilling has sold its 22% non-operated stake in the Tamar offshore gas field to Mubadala Petroleum of Abu Dhabi, UAE. Mubadala Petroleum will pay Delek Drilling $1.025 billion for the field, subject to certain adjustments. The benefits from last year’s Abraham Peace Accords signed between Israel with both the United Arab Emirates and … Continue reading Delek Drilling Sells Tamar Stake for $1.025 Billion to Abu Dhabi Firm