Inform

Energean buys Karish and Tanin, offshore Israel

Get this report

$1,250

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQ's about online orders
- Find out more about subscriptions

01 September 2016

Energean buys Karish and Tanin, offshore Israel

Report summary

On 17 August 2016, Delek Group announced the sale of its Karish and Tanin gas discoveries, offshore Israel, to Energean Oil and Gas for a consideration of US$148.5 million. The deal marks Energean’s entry into discovered resources in Israel and the start of Delek’s divestments in compliance with the 2015 Gas Outline Agreement.  There will be challenges ahead for Energean in developing Karish and Tanin: executing gas sales agreements in a small domestic market will not be easy. However, the government may guarantee some marketspace as it incentivises the development of smaller fields ahead of a bid round expected later this year.

Table of contents

  • Energean buys Karish and Tanin, offshore Israel

Tables and charts

This report includes 1 images and tables including:

  • Karish and Tanin location

What's included

This report contains:

  • Document

    Energean buys Karish and Tanin, offshore Israel

    PDF 1.00 MB

Trusted by leading organisations