Israel鈥檚 Minister of Energy has granted Noble Energy and Delek Drilling an extension for the Alon D license, offshore Israel, following an appeal from the partners. The duo has been given a 32-month extension. The partners had filed an appeal on 25 February鈥
Noble Energy has hired Ensco鈥檚 ENSCO DS-7 ultra deepwater drillship for its giant Leviathan field, offshore Israel. Image from Ensco. The agreement for the ENSCO DS-7 includes the drilling two wells鈥
Partners on the Leviathan gas project offshore Israel have opted to end a rig contract with Atwood Oceanics in favor of a cheaper deal. Operator Noble Energy had been due to drill the Leviathan 5 and 7 appraisal and production wells using the Atwood Advantage drillship鈥
Ithaca Energy shareholders have approved a proposed takeover bid from Delek Group that will expand the Israeli company's presence in the North Sea. Image from Delek Grou According to Ithaca鈥
Energean Oil & Gas has submitted the field development plan (FDP) for the Karish and Tanin natural gas fields offshore Israel, with a target of reaching a final investment decision by the end of the year, and first gas by 2020. Map of Karish and Tanin鈥
Noble Energy has won approval to drill an additional well, Leviathan-7, at its giant Leviathan project offshore Israel, alongside the Leviathan-5 well, in a move that aims to streamline operations and reduce drilling costs, Noble's partner Delek Group announced today (14 March)鈥
Israel's Delek Group has made a US$524 million offer for UK independent explorer and producer Ithaca Energy. The offer, a 12% premium on Ithaca's last closing price on the Toronto Stock Exchange, would see Delek take over Ithaca's UK North Sea portfolio鈥
Noble Energy has sanctioned the US$3.75 billion phase one of the giant Leviathan project, as partners in the Israeli gas field have approved the final investment decision. Leviathan sits in1600m water depth, 130km offshore Israel, and is estimated to contain 22 Tcf of natural gas鈥
Noble Energy cut first steel on its giant Leviathan natural gas project, offshore Israel. First steel cut for Leviathan. Image from Noble Energy LinkedIn. 鈥淲e are excited to join鈥
Energean Oil & Gas stands to gain a US$50 million investment from Kerogen Capital for its Karish and Tanin gas fields, offshore Israel. The move could see the independent private equity fund manager take a 50% stake in Energean鈥檚 Israeli subsidiary鈥
Delek Group completed its deal with Dana Petroleum to gain 13.18% of Faroe Petroleum, expanding the Israeli firm鈥檚 North Sea footprint, and making it the majority holder in Faroe. Map of Faroe assets鈥
Large upstream projects are more often delivered by a group of partners rather than a single 100% owner. This spreads project risks and can also make it possible to finance megaprojects, which could be beyond the capacity of any single player鈥
Noble Energy is moving forward with the development of its giant Leviathan project offshore Israel, with first gas targeted for the end of 2019. Image of Tamar operations, from Delek Group. The estimated 22 Tcf gas field鈥
Energean has closed its deal with Delek Group, Avner Oil Exploration, and Delek Drilling for 100% stake in the I/16 Tanin and I/17 Karish leases, offshore Israel, paving the way for Energean to stick to its plan of first oil at the two fields in 2020鈥
Noble Energy is looking to drill a US$77 million appraisal and production well in the Leviathan area offshore Israel in Q1 2017, with a target of natural gas production from the giant field by the end of 2019, according to partner Delek Group鈥
