Search results for: israel

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  • 11 May 2016

    Congressman Brian Higgins, representative of the 26th Congressional District of New York, has announced the introduction of the United States-Israel Maritime Security Partnership Act of 2016. In Tuesday’s press release, Higgins’ office said the legislation includes provisions to assist in the protection of Israel’s coastline and natural gas fields from terrorists seeking to target this critical infrastructure. […]

  • 19 August 2016

    The government of Israel has approved the delineation of new offshore oil and gas exploration sites to be offered to international oil and gas community. According to Israel’s energy ministry, a recommendation to open Israel’s waters to exploration was reached after 4 years during which the sea was closed for drilling, and following the direction […]

  • 3 June 2011
    Business & Finance

      Adira Energy Ltd announced the appointment of Mr. Hezi Kugler as permanent Chief Executive Officer, effective June 1, 2011. Mr. Kugler’s experience includes managing private business in the energy space, practicing law as a senior partner; and Director General of Israel’s Ministry of National Infrastructures responsible for petroleum exploration, and Israel energy policy among […]

  • 28 March 2016

    Noble Energy, a U.S.-based oil and gas company, has said that the development of the Leviathan gas find in the Mediterranean Sea could risk further delays after the Supreme Court of the State of Israel’s ruling that blocked a crucial provision of the plan to develop the field.  Namely, Noble Energy was notified on Monday that the Supreme Court of […]

  • 17 December 2015

    U.S. independent oil and gas company Noble Energy has moved a step closer to the development of the giant gas find in the Mediterranean – the Leviathan – after Israel’s government made a move to implement the natural gas framework. According to Noble Energy, which runs the field with Israel’s Delek Group, this means that […]

  • 25 January 2013

    Israel’s first floating liquefied natural gas terminal has received a shipment of LNG from BP, thus starting its commercial operations, local media reported. Energy officials at the launching ceremony held on January 24 hailed the floating LNG import terminal as capable of relieving Israel’s gas shortage until the onset of the Tamar reservoir this April, […]

  • 1 April 2013
    Business & Finance, Project & Tenders

    Israel has achieved a major milestone on Saturday when natural gas production commenced from the Tamar field off Israel’s Mediterranean shore, Reuters reports. The country is expected to become a gas exporter by the end of the decade. Partners in the fields stated that they had invested $3 billion in developing the field, estimating the […]

  • 26 August 2013

    Israel’s Delek Drilling announced the talks with Egypt for gas sales from Tamar and Leviathan fields in a notice to the Tel Aviv Stock Exchange on Friday. Delek Drilling confirmed energy companies that operate Egypt’s two liquefied natural gas (LNG) plants were engaged in the talks, Israel’s business newspaper Globes reported. Discussions are also being held for the gas deliveries, […]

  • 22 February 2018
    Business & Finance

    Israel Chemicals has reached agreements with Noble Energy and its partners to buy gas from the Tamar and Leviathan fields, offshore Israel in case there’s a hiccup in delivery from Energean’s fields.

  • 24 December 2015

    Natural gas exports from Israel’s Tamar field to Egypt have reportedly been given a green light by the government.

  • 22 August 2017

    Israel’s Delek and U.S. Noble Energy have obtained an extension to the Alon D license in the Mediterranean Sea, offshore Israel. The exploration license covers 400 square kilometers in the northern waters of Israel’s EEZ, a few kilometers east of the Karish gas field, recently bought by Energean. However, the northern end of the license […]

  • 29 October 2015

    The Prime Minister of Israel, Benjamin Netanyahu, and the Minister of Infrastructure, Energy and Water, Yuval Steinitz, met Eni’s Chief Executive Officer, Claudio Descalzi, on Thursday in Jerusalem.  Eni’s CEO presented the importance of synergies in joint development of natural gas in the eastern Mediterranean through future allocation of resources, as well as through export […]

  • 19 May 2014
    Business & Finance, equipment-technology

    A group of Palestinian and international NGOs have urged the Jan De Nul Group to pull out of a project to build port facilities in Israel, citing concerns about Israel’s continued human rights violations. Last week, the Palestinian BDS National Committee published an open letter on its website urging the Jan De Nul Group to […]

  • 30 July 2019
    Operations & Maintenance, Project & Tenders

    GSP has signed a contract with TechnipFMC for the execution of various works within the Karish gas development project in Israel. Technip FMC has been contracted to engineer, build and commission the entire project infrastructure under an EPCIC contract with Energean Israel, the ultimate beneficiary of the project. As subcontractor of the Karish project, GSP […]

  • 7 April 2013

    Israeli oil and gas company Adira Energy Ltd. on Friday informed that it had, on March 27, 2013, applied to the Ministry of Energy and Water of the State of Israel for an extension of the dates for the execution of a drilling contract and for the spud of the first well on the Samuel license, offshore […]

  • 9 May 2016
    Project & Tenders

    Houston-based oil and gas company Noble Energy has received a certificate of compliance to the SEMS (Safety and Environmental Systems) standard from DNV GL’s Business Assurance USA for Noble’s offshore drilling operations in Israel. The compliance certification which sets criteria for safe operations of offshore drilling platforms is based on audits of Noble Energy’s facilities and […]

  • 18 February 2015
    Business & Finance

    Israel will sell stakes in eight of the most profitable state-owned companies and the Mediterranean seaports of Haifa and Ashdod  in November or December, Reuters reports. According to Ori Yogev, the official at Israel’s Ministry of Finance, the ten companies to be sold generate close to 90% of total revenues of eighty-seven state-owned companies. Israel expects the sales to […]

  • 29 May 2015
    Business & Finance

    Workers of Israel’s Haifa and Ashdod ports agreed to go back to work ending their strike launched on Wednesday over the privatization of the country’s two major ports. Some 2,400 workers resorted to industrial action which resulted in shutting down of the country’s ports, with around 40 ships pending unloading, Reuters reports. The workers launched the strike on […]

  • 2 October 2015

    By Steven Scheer JERUSALEM (Reuters) – When the Leviathan gas field was discovered off the coast of Israel in 2010, it was pitched as a game-changer — a vast energy reserve that would transform the economy and bolster public finances for years to come. Five years on, poor policymaking, political infighting and a battle between […]

  • 24 March 2015
    Business & Finance

    Operator of China’s largest port Shanghai International Port Group (SIPG) has won a tender to operate the new port being developed in Haifa Bay, Israel Ports Company said on Monday. The construction of the new port is scheduled to begin this year and the port is expected to start operations in 2021. According to the country’s Minister […]

  • 5 July 2016
    Business & Finance

    U.S. oil and gas company Noble Energy, Inc. will sell a 3 percent working interest in the Tamar field, offshore Israel. The buyers are Harel Group (“Harel”), an insurance provider and pension manager in Israel, in partnership with Israel Infrastructure Fund (“IIF”), Israel’s largest infrastructure private equity fund. The transaction value of $369 million is based upon […]

  • 16 November 2017

    One Greek and four Indian oil and gas companies submitted bids for exploration acreage offshore Israel. Israel’s Energy Ministry on Thursday said that bids were submitted by Greece’s Energean, and a consortium of Indian companies that includes ONGC Videsh Limited, Bharat Petro Resources Limited, Indian Oil Corporation Limited, and Oil India Limited. This was the […]