Tag archive for ‘Gas Field’
Yael Ella On Wednesday, May 2nd, 2018

Israel-Cyprus gas conflict goes to international arbitration

  After seven years of negotiations, Israel and Cyprus will be applying for international arbitration to settling a dispute over the development and distribution of Aphrodite natural gas reservoir, if More...

Niva Goldberg On Sunday, January 31st, 2016

Leviathan partners to sell $1.3 billion in gas for power plants co-owned by Israeli & Turkey co.

The partners in the Leviathan natural gas field, offshore Israel, signed a deal to sell about $1.3 billion worth of gas over 18 years to Edeltech Group, Israel’s largest private power producer, More...

JNS On Thursday, December 17th, 2015

Netanyahu signs gas framework agreement for Israel’s natural gas industry

  After a long legislative fight with the Knesset’s opposition members and some in his own governing coalition, Israeli Prime Minister Benjamin Netanyahu chose Thursday to use his legal prerogative More...

BG Buys Stake in Cyprus Field From Noble Energy for $165 Million

  Noble Energy, Inc. announced today a farm-out agreement for a portion of its interest in Block 12 offshore Cyprus with BG International. BG is acquiring a 35 percent interest in Block 12, which includes More...

Jewish Business News On Tuesday, September 1st, 2015

Israeli gas companies hit by Egypt find; Knesset vote on gas agreement postponed indefinitely

  Shares in Israeli gas companies sank on Monday as the discovery of the SUPER GIANT gas field in the waters off Egypt raised new concerns over the development of Israel’s own long-delayed natural gas More...

Jewish Business News On Sunday, August 9th, 2015

Minister of Finance: Gas roadmap cannot be approved

  In a surprising announcement Minister of Finance Moshe Kahlon has told in an interview to Channel 2, “The natural gas roadmap cannot be passed, it will be changed. Every monopoly has to be More...

Hedy Cohen On Tuesday, December 30th, 2014

David Gilo and Itzhak Tshuva seek gas monopoly compromise

These was a sense of optimism after Delek’s controlling shareholder met the Antitrust Authority head today. –   A just concluded meeting between Antitrust Authority director general David Gilo More...

JNS On Wednesday, December 17th, 2014

Israel Discovers Third Offshore Gas Field

The Israeli government announced the discovery of a new offshore gas field located 90 miles from Israel’s coast that holds at least 3.2 trillion cubic feet of gas. The field, which has been named “Royee, More...

Gil Tanenbaum On Sunday, April 13th, 2014

Leviathan Development To Proceed Without Mandated Local Labor Pool Sourcing

–  – The Leviathan offshore natural gas project will not be required by the Israeli government to use Israeli Labor. Israel’s Energy and Water Resource Ministry made this decision two weeks More...

Clive Minchom On Friday, February 7th, 2014

Woodside Signs MOU With Leviathan Partners May Pay Up To $2.5 Billion For 25% Interest In Gas Field

– – Australian oil company Woodside Petroleum Ltd. has now gone a significant step further towards investing in Israel’s Leviathan offshore gas project. Woodside announced today that it has converted More...

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