In a separate development, SOCAR announced on 31 January that it had signed an agreement with Union Energy to acquire a 10% stake in the Tamar project, one of the largest offshore gas fields in the ...
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Energean seals $2 billion natural gas sale deal to supply Israel’s Dalia power plantsfor a period of 18 years from the Karish natural gas field located off Israel’s Mediterranean coast to Dalia Power’s Dalia and Eshkol power plants. Dalia Power Energies supplies about 16% of ...
Israel awarded licences to BP , Azeri national oil firm Socar and local company NewMed Energy on Monday to explore for ...
As part of the licensing for Cluster I, located near the Leviathan field, Socar will be the operator of the exploration ...
The agreement gives Socar another foothold in important Israeli assets after the company bought a 10% stake in the Tamar gas field earlier this year. The deal comes at a time when Israel has been ...
Israel reported that natural gas exports from the Leviathan field to Egypt increased by 28% last year. Exports jumped from 4.9 billion cubic meters (BCM) in 2022 to 6.3 BCM in 2023. Israel Katz ...
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