Two Groups Bid in Israel's Offshore Tender

Monday, July 15, 2019

Israel received bids from two groups of companies to explore for oil and gas off its Mediterranean coast, the Energy Ministry said on Monday.

Israel had offered rights to 19 offshore blocks, and said the groups offered to explore in 12 of them.

The first group was made up of British companies Cairn Energy, SOCO International and Israel's Ratio Oil. The second consortium included Energean and Israel Opportunity.


(Reporting by Ari Rabinovitch; Editing by Tova Cohen)

Categories: Energy Middle East Activity Natural Gas

Related Stories

Oil Holds Steady as Supply Risks from War Persist

Energean Warns Prolonged Conflict May Delay $1B Gas Project

Prysmian Shares North American Leadership Transitions

Current News

Valaris Nets $447M Brazil Drillship Extension, Inks Suriname Collaboration Deal

SLB Expands Digital Operations Partnership with Azule Energy off Angola

France Sets Forth 10GW Offshore Wind Tender in Larger Renewables Push

Seadrill’s West Polaris Drillship on Prolonged Stay with Petrobras off Brazil

Subscribe for OE Digital E‑News