Tamar Petroleum News

 

Nortrans' Offshore Vessel Nets 5-Year Charter Deal with Chevron in Israel

Jan 20, 2022

Offshore vessel operator Nortrans has scored a 5-year contract extension with Chevron in Israel for its Nor Naomi offshore vessel.Chevron Med. Ltd, is using the Nor Naomi DP2 IMR/ROV subsea vessel to support the Tamar and Leviathan gas field operations in Israel…

Lime Petroleum Joins Norwegian CCS Project

Nov 12, 2021

Oil firm Rex International's subsidiary Lime Petroleum has entered into an agreement with Nautilus Carbon Services AS to participate in the first phase of a larger project involving several other joint-industry project partners, which aims to…

Nigeria Step Closer to Long Awaited Oil Overhaul

Jul 16, 2021

Nigeria's lower house of parliament on Friday cleared a petroleum overhaul package for the president's signature.The overhaul, in the works for 20 years, aims to attract more of the world's decreasing fossil fuels investment to Nigeria's petroleum sector…

Israel Shipyards' Coating Services for Chevron's East Med Facilities

Jul 13, 2021

Oil and gas giant Chevron has through its Israeli subsidiary Noble Energy Mediterranean awarded Israel Shipyards a coating program contract for its offshore and onshore assets. Under the 16-month agreement, Israel Shipyards will provide coating repair services for these facilities…

Israel Orders Chevron to Restart Output from Tamar Offshore Platform

May 21, 2021

Israel's energy ministry has instructed Chevron to restart operations at the offshore Tamar natural gas platform, nine days after it was shut due to unrest in the region, the company said.Production at the Tamar platform, located some 25 kilometers (15…

Chevron Closes Tamar Gas Field off Israeli Coast as Unrest Flares

May 13, 2021

Chevron has shut down the Tamar natural gas platform off the Israeli coast at the instruction of the country's energy ministry, the company said on Wednesday, following the wave of unrest in the region.The Israeli energy ministry said all of…

Mubadala in Talks to Buy $1.1 Billion Stake in Israeli Gas Field

Apr 26, 2021

Delek Drilling said on Monday it has signed a non-binding deal to sell its stake in the east Mediterranean natural gas field Tamar to Abu Dhabi's Mubadala Petroleum for $1.1 billion.The deal, if finalized, would be among the most significant…

Report: Delek in Talks to Sell Stake in Tamar Offshore Gas Field for $1.1B

Apr 06, 2021

Israel’s Delek Drilling is in talks to sell its stake in the offshore natural gas field for up to $1.1 billion, financial news website Calcalist reported on Monday.Delek owns a 22% stake in Tamar, one of Israel’s main energy sources, which it…

Mubadala Takes Stake in Egyptian Offshore Block

Jan 21, 2021

Abu Dhabi-based oil and gas company Mubadala Petroleum has acquired a stake in an offshore block in Egypt. Mubadala said Thursday that Tariq Al-Mulla, Egyptian Minister of Petroleum and Mineral Resources, had signed the concession agreement…

Delek Sells $2.25B of Bonds to Finance Leviathan Gas Field

Aug 05, 2020

Israel's Delek Drilling said on Wednesday it will pay an average interest of 6.28% in a $2.25 billion international bond offering to help it finance the development of the Leviathan natural gas project off Israel's Mediterranean coast.Following a roadshow…

Delek to Sell $2.25B of Bonds to Finance Leviathan Gas Field

Jul 27, 2020

Israel's Delek Drilling plans to raise $2.25 billion in an international bond offering to help it finance the development of the Leviathan natural gas project off Israel's Mediterranean coast.The issue, expected to be completed in coming weeks…

Israel: Tamar Offshore Gas Field to Start Paying Taxes on Profit in 2021

Jul 23, 2020

Delek Drilling said on Wednesday the partners in the Tamar natural gas site will start paying taxes on profit in early 2021, which could help Israel move forward with plans to create a sovereign wealth fund.Prime Minister Benjamin Netanyahu…

Delek Drilling Looks to Refinance $2 Billion in Debt

Jun 29, 2020

Israel's Delek Drilling wants to refinance about $2 billion in loans it had taken to develop the major Leviathan natural gas field either by issuing bonds or through bank finance.The company said in a statement on Monday it approached international…

Lebanon Set to Spud Its First Offshore Well

Feb 26, 2020

Lebanon's much-delayed search for offshore oil and gas is set to begin on Thursday with the results from its first exploratory well expected in the next two months, the chairman of the Lebanese Petroleum Administration (LPA) said on Wednesday…

Delek Expects Leviathan Expansion FID in 2020

Feb 03, 2020

Israel's Delek Drilling expects a final investment decision this year on expanding exports from the Leviathan gas field using either an LNG facility in Egypt or a floating terminal, its CEO said on Monday. The offshore Leviathan project came…

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