2 May 2024
Delek and Noble to offload stakes in small Israeli fields
Publication date: 17 August 2016
Gas Strategies Group
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Delek Group and Noble Energy have agreed to sell their stakes in the Karish and Tanin gas fields offshore Israel to Greece-based Energean Oil and Gas for USD 148.5 million, Delek said this week.
The pair are required to fully divest their stakes in the two small fields in accordance with the country’s natural gas framework, so that they can develop the giant 22 Tcf Leviathan gas field.