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Mubadala to pick up stake in Tamar field Apr 26, 2021 9:10:am Summary Delek Drilling has signed a memorandum of understanding with Mubadala Petroleum for the sale of its 22% non-operated stake in the Tamar gas field. by: Shardul Sharma Posted in: Mubadala to pick up stake in Tamar field Delek Drilling has signed a memorandum of understanding with Abu Dhabi-based Mubadala Petroleum for the sale of its 22% non-operated stake in the Tamar gas field offshore Israel, it said on April 26. If finalised, the transaction will be the largest commercial agreement foll...

2021-04-26 13:35:22 GMT2021-04-26 21:35:22(Beijing Time) Xinhua English JERUSALEM, April 26 (Xinhua) -- Israeli energy company Delek Drilling on Monday announced the signing of a 1.1-billion-U.S.-dollar agreement with Mubadala Petroleum of the United Arab Emirates (UAE), for the sale of Delek's 22 percent stake in the Tamar gas field offshore Israel. If finalized, the transaction will be the largest commercial agreement following the normalization agreement between Israel and the UAE, signed at the White House on Sept. 15, 2020. Under the Gas Framework, outlined by the Israeli governme...

Israel: MoU signed for the sale of Delek Drilling’s stake in the Tamar gas field offshore Israel to Abu Dhabi’s Mubadala Petroleum 26 Apr 2021 Mubadala Petroleum of Abu Dhabi, UAE for the sale of Delek Drilling’s 22% non-operated stake in the Tamar gas field offshore Israel. If finalized, the transaction will be the largest commercial agreement following the ‘The Abraham Accords Peace Agreement: Treaty of Peace, Diplomatic Relations and Full Normalization Between the United Arab Emirates and the State of Israel’, signed in August 2020. The partners in the Dor Gas (4%) and Evere...

The Israeli energy partnership has signed an MOU to sell its 22 percent holding in the reservoir for $1.1 billion.