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

Alaska sues Biden Administration over ANWR Leases

EIA: Cushing Crude Stocks fall to Decade-low levels

US Storm, Weaker Dollar Push Oil to 12-week High

Current News

Rex Subsidiary Lime Petroleum AS Awarded New License in Norway

Trump's Interior Nominee Lauds Energy Production Expansion

SLB Profits Top Analyst Expectations

A New Use for Old Jackets

Subscribe for OE Digital E‑News