Will Israel be energy independent soon?

Will Israel be energy independent soon?

Natural gas production from the offshore Leviathan gas reservoir should begin by 2018. According to the Jerusalem Post, “Delek Drilling, a member of the Leviathan partnership, made the announcement in the company’s third quarter financial report for 2014. The...

Tamar $5 billion gas deal with Dalia Power

(from Natural Gas Asia) Delek Drilling-LP (DEDRL) and its partners in Israel’s Tamar gas field have signed a $5 billon agreement to supply Dalia Power Energies Ltd. with natural gas for 17 years. Bloomberg reports that Tel Aviv-based Dalia Power is building a power...

Offshore Gas Field is a ‘Monster’

Noble Energy chairman and CEO Charles Davidson expressed optimism that there will be more gas fields discovered at a press conference in Tel Aviv today. He said, “We conducted a 3D seismic survey, which will provide very sophisticated information enabling us to...