Delek Drilling Company News

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UAE Fund Eyes Stake in Israel Gas Field
Monday, April 26, 2021A United Arab Emirates sovereign wealth fund plans to buy a stake in an Israeli natural-gas field for as much as $1.1 billion.

Chevron Partners in Israel to Egypt Pipeline
Tuesday, January 19, 2021Chevron and other companies helping to develop Israel's natural gas fields will invest around $235 million in pipelines to export the fuel to Egypt.

Delek and Partners Achieve First Gas Offshore Israel
Tuesday, December 31, 2019A trio of E&P companies have begun natural gas production from the Leviathan field located offshore Israel.

Leviathan Gas Venture Hits a Road Block
Thursday, December 19, 2019Delek and Houston-based Noble were planning to start pumping gas to the local market within the coming days.

Permian Oil and Gas to Support 93,000 Jobs in 2020
Wednesday, September 25, 2019The Permian Basin oil and gas sector is forecasted to support 5,578 more jobs next year.

Israel Gas Partners to Alter Egypt Deal
Wednesday, July 24, 2019Parties to a $15B deal to export Israeli natural gas to Egypt are seeking to change the landmark agreement to enable supplies to increase gradually and thereby reduce the risk of disruptions.

Israeli Gas Partners May Increase Supply to Egypt
Tuesday, March 26, 2019The companies developing Israel's largest natural gas field are in discussions to increase the amount of supply to Egypt beyond the $15 billion deal inked last year.

Pipeline Issues Delay Israel Gas to Egypt for Months
Monday, March 18, 2019Egypt won't begin receiving gas from Israel under a $15-billion deal until the middle of the year.

Israel, Egypt Gas Partners Near Deal to Control EMG Pipeline
Thursday, June 14, 2018The companies developing Israel's largest natural gas fields and an Egyptian partner are close to a deal that would give them control of the pipeline to Egypt.

Delek Drilling Seeks Shareholder Approval for Egypt Pipeline Investment
Monday, June 11, 2018Shareholders in Israel's Delek Drilling will vote next month on whether to approve a $200 million investment that will allow the company to export gas to Egypt via a subsea pipeline.

Noble, Delek Seek Rights To EMG Pipeline For Egypt Natgas Supply
Wednesday, March 07, 2018The partners in the Tamar and Leviathan natural gas site off Israel's coast are in talks to buy the rights to use the EMG pipeline.

Egypt's Potential Gas Surplus Could Feed Global LNG Glut
Tuesday, February 20, 2018Egypt may turn its surplus into liquefied natural gas and export it to a market currently glutted with LNG.

Israel to Export Natural Gas to Egypt in $15 Billion Deal
Monday, February 19, 2018The lead partners in Israel's largest gas fields said they signed a $15 billion export deal with Egypt.

Leviathan Partners Approve Natgas Production Target For Late 2019
Monday, December 12, 2016The Israeli partners in the Leviathan gas field approve a development plan with a target production date for the end of 2019.

Israel Approves Energean Purchase of Karish, Tanin Fields
Wednesday, December 07, 2016The Petroleum Council of Israel approves the acquisition of 100% of the Karish and Tanin natural gas fields by Energean Oil & Gas from Delek Drilling and Avner.

Delek Drilling and Avner Agree to Sell Israeli Fields to Energean
Wednesday, August 17, 2016Delek Drilling and Avner sign a deal for the sale of 100% of their holdings in the Karish and Tanin natural gas fields, located offshore Israel, to Greece's Energean Oil & Gas.

Shell Bids to Drill 2 Albanian Onshore Blocks
Thursday, July 23, 2015A Royal Dutch Shell and Petromanas joint venture has applied to drill 2 onshore blocks in central Albania, an official told Reuters on Thursday.

Israel Electric Boosts Natgas Supply from Tamar Site
Monday, May 11, 2015Israel Electric Corporation signs a deal to buy more natural gas from the Israeli offshore Tamar field through to 2028.

Firms Developing Cyprus Gas Field Raise Reserve Estimate 12%
Tuesday, November 18, 2014The reserve estimate for the Aphrodite natural gas field offshore Cyprus has been raised by 12%, and most of the gas is likely to be exported, Israeli firms involved in the project said.

Israel's Leviathan Gas Reserves Estimate Raised by 16%
Sunday, July 13, 2014Estimates of the size of the gas reserves in Israel's Leviathan field are increased by 16 percent.

Delek Drilling, Avner Oil Raise $2B for Leviathan Field
Sunday, May 11, 2014Delek Drilling and Avner Oil raise $2 billion in an international bond offering to help fund the development of the Leviathan natural gas field offshore Israel.

Partners in Israel's Leviathan Field Bid to Sell Gas to Cyprus
Thursday, April 17, 2014The partners developing Israel's offshore Leviathan natural gas field are looking to sell gas through a pipeline to Cyprus, officials say.

Israeli Gas Holds Promise of Better Ties with Neighbors
Monday, April 14, 2014Israel's drive to export its new-found natural gas could help to rebuild strained ties with old regional allies Egypt and Turkey, but could deprive Europe of a precious alternative to Russian gas.

Italy's Edison In Talks To Buy Two Israeli Gas Fields
Wednesday, March 12, 2014Edison, the Italian utility owned by EDF, is in talks to buy two Israeli gas fields from U.S. explorer Noble Energy and Israel's Delek Drilling.

Tamar Partners to Sign $750M Natgas Deal with Israel's Delek
Sunday, March 09, 2014The partners in Israel's Tamar natural gas field expect to sign a deal soon to supply around $750 million of gas to IPP Delek Soreq.

Italy's Edison In Talks To Buy Two Israeli Gas Fields
Thursday, March 06, 2014Edison is in talks to buy 2 Israeli gas fields from Noble Energy and Delek Drilling, which are estimated to hold up to 70Bcm in total, two sources say.

Israel's Delek Finds New Gas Near Tamar
Tuesday, November 26, 2013An exploration group drilling off Israel's Mediterranean shore says they found significant signs of a new natural gas deposit near to where huge reserves have been discovered in recent years.

Cyprus Aims for LNG Facility Deal with US-Israeli Interests
Wednesday, June 19, 2013The Cypriot cabinet approves plans to sign for a deal with a US-Israeli partnership to build an LNG plant on the island to exploit untapped energy riches.

Natural Gas Begins to Flow From Israel's Tamar Field
Monday, April 01, 2013Natural gas from Israel's offshore Tamar field began to flow into the country's energy grid Sunday after two years of a gas shortage.

Noble Inks LOI to Sell Tamar Natural Gas Offshore Israel
Monday, December 28, 2009Noble Energy and its partners have signed a Letter of Intent to sell natural gas from the Tamar field, offshore Israel, to Israel Electric Corporation Limited for an initial 15-year period.

Noble Energy Successfully Appraises Tamar Offshore Israel
Tuesday, July 07, 2009Noble Energy has successfully appraised the Tamar gas find offshore Israel in the Matan license, and has increased its resource size to 6.3 trillion cubic feet.

Noble Sees Positive Results from Flow Tests at Dalit Offshore Israel
Wednesday, April 15, 2009Noble Energy announced that the Dalit discovery in the Michal license offshore Israel has yielded a flow rate of 33 million cubic feet per day of natural gas.

Noble Finds Gas at Dalit in Deepwaters Offshore Israel
Monday, March 30, 2009Noble has made a natural gas discovery at the Dalit prospect in the Michal license, offshore Israel.

Noble Proves Commerciality of Significant Gas Find Offshore Israel
Tuesday, February 10, 2009After positive flow test results, Noble has increased the resource estimate for the Tamar natural gas discovery in the Matan license, offshore Israel, to 5 Tcf.

Yam Tethys Partners to Supply More Gas to IEC
Wednesday, August 16, 2006Tel Aviv-based The Delek Group said that its subsidiary Delek Drillings - Limited Partnership and Avner Oil Exploration - Limited Partnership on Tuesday signed an amendment to their gas sale and purchase agreement with the Israel Electricity Co.

Delek Drilling & Dorgaz to Participate in Ashkelon Prospect
Monday, June 02, 2003Delek Drilling and Dorgaz will participate in Isramco's Nir 2 prospect offshore Ashkelon, Israel.