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UK s BP teams up with Abu Dhabi state oil group to buy 50% of Israel s NewMed Energy

Offer values NewMed, a key stakeholder in Israel's Leviathan offshore gas field, at about NIS 14.1b ($4b); tentative deal is called a 'testament' to Israel-UAE ties

United arab emiratesUnited kingdomAbu dhabiAbuz abyTel avivMansoor mohamed al hamedYossi abuBakheet al katheeriAdarco energyNewmed energyAbu dhabi national oil coDelek groupIsrael enlight energyIsrael newmed energyYitzhak tshuva delek groupIsrael energy

UK BP and UAE ADNOC bid to buy half of Israel NewMed Energy

British multinational oil and gas firm, BP plc, and Abu Dhabi National Oil Co. (Adnoc) on Tuesday announced a joint bid to buy 50 per cent of Israel s NewMed Energy in a deal valued at about $2 bill.

Tel avivUnited kingdomAbu dhabiAbuz abyUnited arab emiratesYossi abuDelek groupYitzhak tshuva delek groupIsrael newmed energyNewmed energyAbu dhabi national oil coTerms of serviceAbu dhabi national oilDelek drillingYitzhak tshuvaMiddle east monitor

Leviathan group, in push to boost gas output, updates reservoir value to $12 5b

Sales from offshore gas reservoir in 2022 rise to $2.5 billion; partners have plans to increase annual gas supply by about 2 BCM with new subsea pipeline expected in 2025

United statesYossi abuSewell associatesEuropean unionNewmed energyTel aviv stock exchange onRatio oil corpYitzhak tshuva delek groupMed energyDelek drillingYitzhak tshuvaDelek groupRatio oilTech israel dailyandTel aviv stock exchange

Abu Dhabi state fund-backed group to buy NIS 2 3 billion stake in Israel s Phoenix

Consortium of Emirati funds led by ADQ set to acquire 25%-30% of biggest Israeli insurance company from two US private investment firms

United statesTel avivAbu dhabiBenny gabbayEyal ben simonDevelopmental holdingsMubadala investment coPhoenix holdings ltdMubadala petroleumSavings authorityYitzhak tshuva delek groupAbu dhabi basedCenterbridge partnersGallatin point capitalGallatin pointBen simon

Israeli energy firm signs joint natural gas exploration deal with Morocco

Israel's NewMed and Adarco Energy each awarded 37.5% stake in Boujdour Atlantique, with license for 8 years; Morocco to get remaining share

Sharm el sheikhJanub sinaSaudi arabiaUnited arab emiratesAtlantic oceanBoujdour atlantiqueYossi abuMorocco national office of hydrocarbonsEnlight energyNewmed energyAdarco energyIsrael newmed energy onGaia energyYitzhak tshuva delek groupNational officeEast mediterranean

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