Delek Energy Company News

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Buyer for Chevron's UK Fields Seeks Funds From Traders
Thursday, October 17, 2019 A unit of Delek Group is seeking alternative means of financing to complete its $2B acquisition of some of Chevron’s North Sea oil and gas assets.

Delek Said to Start Roadshow for $1.1 Billion Gas IPO Next Week
Thursday, June 22, 2017 Delek Group will start a roadshow next week to sell a stake in a $12.3 billion natural gas field off Israel's shores, according to a source.

EnQuest in Talks to Sell 20% Stake in Kraken Oilfield to Israel's Delek
Monday, July 18, 2016 EnQuest is in talks to sell a 20-percent stake in the North Sea's Kraken oilfield to Israeli conglomerate Delek Group, according to the companies.

Leviathan Partners Raise Annual Natgas Production Forecast
Thursday, February 25, 2016 Partners who are developing Israel's huge Leviathan offshore natural gas field increase their annual production forecast, saying they expect to bring the project online by the end of 2019.

Eastern Mediterranean Gas: Challenges and Opportunities
Thursday, January 14, 2016 The Eastern Mediterranean region provides a rare bright spot for the sanctioning of gas projects, including fast-track developments.

Israeli Firms in Talks to Buy Natural Gas from Leviathan
Thursday, January 07, 2016 Partners in Israel's offshore Leviathan natural gas site are in talks to supply gas to a number of Israeli companies.

Source: China's Fosun Looks to Buy Israel Gas Fields from Delek
Tuesday, December 01, 2015 Chinese investment group Fosum International is interested in buying two small natural gas fields in the eastern Mediterranean from Israel's Delek Group, according to a source.

Israel's Leviathan Signs Preliminary Egypt Natgas Deal
Wednesday, November 25, 2015 Partners in the Leviathan gas field, offshore Israel, sign a 15-year deal to pump gas to Egypt via an existing subsea pipeline.

Source: Israel's Delek Group Eyes London Share Listing in 2016
Tuesday, October 13, 2015 Israel's Delek Group could list on the London Stock Exchange in 2016 as part of a strategy to become a global oil and gas firm.

Egypt's Zohr Gas Re-Writes Israel's Happy Ending
Monday, August 31, 2015 Egypt's historic gas discovery threatens to sink Israel's fledgling gas export bonanza, which was counting on deals with Cairo to get it off the ground.

Israel Says Reaches Deal to Develop Leviathan Natural Gas Field
Thursday, August 13, 2015 The Israeli government says it has reached a deal that will pave the way for the development of the Leviathan field.

Israel's Natural Gas Plan Wins Central Bank Chief's Backing
Monday, August 10, 2015 Bank of Israel governor backs a government plan to develop the country's natural gas industry.

Israel's Delek Confident of Quick Sale of Tanin, Karish Gas Fields
Thursday, July 16, 2015 The owners of the Karish and Tanin natural gas fields offshore Israel say they are confident of meeting a disposal timeframe proposed by the country's government.

Israel Plans to Let Noble, Delek Keep Control of Leviathan Gas Field
Tuesday, June 30, 2015 Israel's Energy Ministry unveils a plan for the country's natural gas sector that would leave the largest offshore project, Leviathan, in the control of the Noble/Delek consortium.

Israel's Delek Looks to Increase Stake in Cyprus Gas Field
Monday, June 01, 2015 Israeli conglomerate Delek Group is in talks to buy an additional 19.9% stake of the Aphrodite gas field, offshore Cyprus.

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

OTC 2015: Israel to Resolve Disagreement with Noble within 2 Months
Wednesday, May 06, 2015 An Israeli government official tells Rigzone that the country will soon resolve its issue with Noble Energy concerning ownership rights over the giant Leviathan gas field.

Israel's Tamar Group to Sell Gas to Egypt via Pipeline
Wednesday, March 18, 2015 A group of private customers in Egypt agree to buy at least $1.2 billion of gas from Israel's offshore Tamar field.

Source: Italy's Edison Suspends Talks to Buy Two Israeli Gas Fields
Monday, February 09, 2015 Italy's Edison is reconsidering buying two Israeli gas fields due to rising regulatory uncertainty and negotiations have already been suspended, a source at the company says.

Israel Says Noble and Delek Will Have to Sell Some Offshore Reserves
Tuesday, February 03, 2015 Israel's energy minister says natural gas companies operating offshore Israel will have to sell some of their reserves to avoid being deemed a monopoly.

Israel's New Rules On Natural Resources Putting Off Investors
Tuesday, January 06, 2015 New regulations in Israel's natural gas and mining industries are scaring off investors.

Israeli Gas Group May Seek Arbitration in Row with Regulator
Wednesday, December 24, 2014 The group that controls two large gas fields off Israel's shores could seek international arbitration to defend its assets, a day after an Israeli regulator raised the prospect of it being stripped of some of its holdings.

OPINION: Israel's Gas Dream: The End Is Nigh
Tuesday, December 23, 2014 The Israeli government's decision to revoke an arrangement permitting the development of the Leviathan gas field deals a blow to energy security in the Middle East and beyond, according to commentator Gal Luft.

Israel Threatens to Revoke Leviathan Gas Development Deal
Monday, December 22, 2014 Israel's antitrust authority may revoke an arrangement permitting an Israeli and a U.S. company to develop Israel's largest natural gas field by branding them a cartel.

Israel's Delek Group Buying Shares In Foreign Energy Companies
Wednesday, December 03, 2014 Delek Group buys $170 million worth of shares in foreign oil and gas companies.

Israel's Tamar Group Looks to Sell Gas to Egypt via EMG Pipeline
Sunday, October 19, 2014 The partners in Israel's Tamar gas field are negotiating the sale of at least five billion cubic meters of gas over three years to customers in Egypt.

Israel's Leviathan Gas Field Group Submits $6.5B Development Plan
Tuesday, September 30, 2014 The partners in Leviathan, Israel's largest natural gas field, submit their initial development plan to Israeli authorities.

Hamas Says Fired Rockets At Offshore Israeli Gas Well
Wednesday, August 20, 2014 Hamas says it has fired two rockets at an Israeli gas installation about 19 miles off the coast of Gaza.

Tamar Partners to Sign $750M Natgas Deal with Israel's Delek
Sunday, March 09, 2014 The 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.

Israel's Delek Examines Splitting Off Energy Holdings
Tuesday, December 31, 2013 Israeli conglomerate Delek Group is looking at a possible split of its holdings that would see its oil and gas businesses being concentrated in a new company.

Gas Starts Flowing from Israel's Levant Basin, What Now?
Friday, April 05, 2013 The future of Israel's supergiant Tamar field will redraw the Mediterranean energy map and the geopolitics that go along with it.

Israel Firms Invest In US Energy Search Off Cyprus
Monday, February 11, 2013 Delek and Avner signed an agreement to acquire a 30% stake in exploration rights for gas and oil off Cyprus' southern shore carried out by Noble Energy.

Delek Group Signs Tamar Supply Agreement with Dalia Power Energies
Monday, January 09, 2012 Delek Group announced an agreement for the supply of natural gas was signed between the partnership and other partners of the "Tamar" lease and Dalia Power Energies.

Noble Spins Bit at Leviathan Prospect
Monday, October 18, 2010 The drill rig Sedco Express has arrived and begun drilling at the drill-site of Leviathan-1 in the Rachel license, offshore Israel.

Noble to Drill 'Deepest Well Ever' Offshore Israel
Monday, August 30, 2010 Drilling is scheduled to begin during October at the Leviathan Prospect. This well is planned to be the deepest well ever drilled into the sea off the coast of Israel.

Premier Picks Up Additional Stake in Vietnam's Nam Con Son Basin
Monday, July 20, 2009 Premier has signed a Sale and Purchase Agreement and completed the acquisition of an additional 25% interest in Block 12W in the Nam Con Son Basin, offshore Vietnam.

Premier Set to P&A Chim Cong Well in Vietnam's Block 12W
Thursday, August 28, 2008 Premier reported that the Chim Cong well on Block 12W in Vietnam was drilled to a total depth of 2,964 meters, resulting in a marginal oil discovery. The well will now be plugged and abandoned.

Premier Continues Drilling Program in Vietnam
Tuesday, July 08, 2008 Premier Oil reported that its Chim Ung-1 well in Vietnam has been drilled and showed good oil shows. Drilling was sidetracked to drill the adjacent Chim Bo, which is being plugged, along with the Monte Cristo wildcat well.

Delek Energy Buys Stake in North Sea Drilling Rights
Monday, April 30, 2007 Delek Energy Systems Ltd. has purchased 25% of the rights to any oil discovered in a 22-square-mile block of the North Sea, Delek Energy said Sunday.

Matra Acquires First Russian License
Thursday, March 29, 2007 In its first deal in the Russian Federation, Matra Petroleum, in return for the issue of 55,000,000 new shares, is to acquire the Arkhangelovskoe Exploration License that is in close proximity to existing production near Orenburg.

Blackbird Taking Flight in Vietnam
Thursday, December 14, 2006 Premier Oil plc said that it has successfully completed drill stem testing of the Blackbird discovery well (12E-CS-1X) on Block 12E, offshore Vietnam.

Yam Tethys Partners to Supply More Gas to IEC
Wednesday, August 16, 2006 Tel 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.

Premier Oil to Acquire Stake in Two Blocks Offshore Vietnam
Wednesday, May 19, 2004 Premier Oil has agreed to acquire two exploration blocks offshore of Vietnam from Delek Energy.

Noble Energy Begins Production Offshore Israel at Mari-B
Monday, December 29, 2003 Noble Energy has commenced natural gas production from the Mari-B field in the Mediterranean Sea offshore Israel.

Delek Could Exit Vietnam Gas Project
Thursday, December 18, 2003 Delek Energy said it was considering pulling out of an exploration project in Vietnam after the withdrawal of its partner, Samedan.