As part of the licensing for Cluster I, located near the Leviathan field, Socar will be the operator of the exploration ...

Israel awarded licences to BP , Azeri national oil firm Socar and local company NewMed Energy on Monday to explore for ...

SOCAR has been actively increasing its footprint in Israel’s offshore gas industry. Earlier this year, it acquired a 10% stake in the Tamar gas field, one of the Mediterranean’s most critical ...

The offshore Leviathan field, operated by Chevron (CVX.N ... Since the beginning of natural gas production in Israel more than a decade ago, total accumulated state revenue from such output ...

NewMed has a 45% stake in the CVX-operated Leviathan gas field offshore Israel, considered one of the largest in the region.

The agreement gives Socar another foothold in important Israeli assets after the company bought a 10% stake in the Tamar gas field earlier this year. The deal comes at a time when Israel has been ...

SOCAR's latest move comes after Israeli businessman Aaron Frenkel's huge deal earlier this year in which he agreed to sell half of his 10% stake in the Tamar gas field to the Azerbaijani energy ...

Israel reported that natural gas exports from the Leviathan field to Egypt increased by 28% last year. Exports jumped from 4.9 billion cubic meters (BCM) in 2022 to 6.3 BCM in 2023. Israel Katz ...

As part of the licences for the so-called Cluster I near the Leviathan field, Socar will act as operator of the exploration consortium while BP will be involved in Israel's natural gas sector for ...

As part of the licences for the so-called Cluster I near the Leviathan field, Socar will act as operator of the exploration consortium while BP will be involved in Israel's natural gas sector for the ...