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 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 ...

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 ...

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 ...

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 ...

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 ...

In a separate development, SOCAR announced on 31 January that it had signed an agreement with Union Energy to acquire a 10% ...

Even though the area is “very close” to Israel's big three gas fields — Leviathan, Tamar and Karish — it is untouched by the drill bit, and the partners' initial priority will be to gather ...