Acquisitions and Divestitures News in Israel

Ellomay Enters into an Agreement to Sell the Talmei Yosef Solar Facility
1/3/2024 - Ellomay Capital Ltd. (ELLO) (TASE: ELLO) ("Ellomay"), a renewable energy and power generator and developer of renewable energy and power projects in Europe, USA and Israel, announced that it executed ...
Purchase of the Remaining 34.03% Stake in Avgol Industries 1953 Ltd
9/19/2023 - The Board of Directors of Indorama Ventures Public Company Limited (“IVL” or the “Company”) has approved Indorama Ventures Spain, S.L. (“IVSSL”)and/or Indorama Netherlands B.V. (“INBV”), its indirect ...
Delek Drilling Announces the Sale of Its Interest in Tamar
4/26/2021 - The Partnership hereby reports that on 26 April 2021, it entered into a non-binding memorandum of understanding (the “MOU”) with investors led by Mubadala Petroleum (the “Purchasers”) regarding a sale...
Agreement for the Sale of Rights to Royalties from Leases I/17 & I/16
5/25/2020 - Delek Group (DGRLY) announces that it signed together with Delek Energy Systems Ltd (“Delek Energy”) (“the Sellers”) an agreement with a third party (“the Purchaser”) for the sale of the rights of the...
Israel Awards Exploration Licenses in the Second Bidding Round
10/28/2019 - The Minister of Energy, Dr. Yuval Steinitz, granted the 8 licenses to the British companies Cairn and Pharos and the Israeli company Ratio, which they received from the Petroleum Commissioner within t...
Energean Awarded Four Licences for Oil & Gas Exploration in Israel
7/31/2019 - Energean Oil and Gas plc (ENOG) is pleased to announce that Israel’s Petroleum Council has awarded the Company four new licences for oil and gas exploration in the Israeli EEZ. ...
Noble Energy Closes Sale of 7.5% Working Interest in Tamar
3/14/2018 - Noble Energy, Inc. announced the closing of the previously announced divestment of a 7.5 percent working interest in the Tamar field, offshore Israel, to Tamar Petroleum Ltd. Noble Energy remains ope...
Noble Energy Announces Tamar Sell-Down
1/29/2018 - Noble Energy, Inc. (NBL) announced that it has signed a definitive agreement to divest a 7.5 percent working interest in the Tamar field, offshore Israel, to Tamar Petroleum Ltd. (TMRP) for cash proce...
Energean Awarded 5 Exploration Licences, Offshore Israel
12/13/2017 - Energean Oil & Gas is pleased to announce that Energean Israel has been awarded five offshore exploration licences within the Israeli Exclusive Economic Zone (EEZ) by the Israeli Petroleum Commissione...
Closing Transaction for the Sale of 9.25% in the Tamar and Dalit Leases
7/24/2017 - Delek Group announced that below an immediate report that was published by Delek Drilling Partnership Limited is provided advising on the closing of a transaction for the sale of participation interes...
Acquisition of Karish and Tanin Natural Gas Fields
12/7/2016 - The Petroleum Council of Israel has announced its approval of the acquisition of 100% of the Karish and Tanin Natural Gas Fields by Energean Oil & Gas (“Energean” or “the Company”) from Delek Drilling...
Cypriot Firm Energean to Buy two Israeli Gas Fields
8/17/2016 - The partners in Israeli offshore gas fields Tamar and Leviathan have agreed to sell their rights in two smaller fields to Ocean Energean Oil and Gas Ltd for $148.5 million to comply with a government ...
Zion Oil & Gas Granted Exploration Licence Extension in Israel
7/7/2016 - Zion Oil & Gas reported that the Israeli Petroleum Commissioner modified Zion's work plan deadlines and awarded the Company a one-year extension on its Megiddo-Jezreel petroleum exploration licence, s...
Noble Energy Sells 3% Interest in Tamar Field for $369 Million
7/5/2016 - Noble Energy, Inc. signed a definitive agreement to divest a 3 percent working interest in the Tamar field, offshore Israel, to the Harel Group ("Harel"), a leading insurance provider and pension mana...
Israel's Harel in Talks with Noble to Buy Stake in Tamar Field
6/26/2016 - Israel's Harel Insurance Investments and Financial Services said it is in talks to buy up to 4 percent in the Tamar natural gas field from Texas-based Noble Energy. ...
Israeli Regulator to Resign, May Free Up Noble & Delek
5/25/2015 - Israel's anti-monopoly regulator, who has been pushing to open the energy sector to competition, said on Monday he would step down in August, potentially lifting the pressure on exploration companies ...
Noble and Delek Will Have to Sell Some Reserves
Noble and Delek Will Have to Sell Some Reserves 2/3/2015 - Israel's energy minister said natural gas companies operating offshore Israel will have to sell some of their reserves to avoid being deemed a monopoly, reinforcing a stance against control of the ass...
Delek Group Buying Shares in Foreign Energy Companies
12/3/2014 - Delek Group has announced that as part of its strategy to focus on the energy field, with a special emphasis on identifying new international opportunities, it has recently started to make purchases o...
The Gabriella License Expired
9/29/2014 - Brownstone Energy Inc. has been informed by its joint venture partners on the Gabriella License that the Petroleum Commissioner in the Ministry of National Infrastructure, Energy and Water of the Stat...
Woodside Terminates Leviathan MOU
5/21/2014 - Woodside has advised the participants in the Leviathan Joint Venture that it has elected to terminate the memorandum of understanding agreed by the parties in February 2014. ...

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