Israeli Delek Group stated that the transaction for the sale of all of the rights in the I/16 Tanin and I/17 Karish leases to Energean had been closed.
Delek Group and its partners at the Leviathan natural gas field off the coast of Israel said they're planning more drilling with the aim of starting production in 2019.
Israel's Harel Insurance Investments and Financial Services said it is in talks to buy up to 4% in the Tamar natural gas field from Texas-based Noble Energy.
After months of negotiations, Israel has reached a deal with the Texas-based Noble Energy and Israel's Delek Group that will finally allow the firms to move forward with development of the huge Leviathan natural gas ...