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Delek Drilling LP

Company Summary

Description

Subsidiary of Delek Group that focuses on drilling operations

Related Entities

Recent news

  • 9/3/2021 - Delek Selling 22% Stake... (subscriber access)
  • 5/12/2021 - Chevron Shuts Down... (subscriber access)
  • 4/26/2021 - Israel's Delek Signs MoU... (subscriber access)
  • 1/19/2021 - Chevron & Partners... (subscriber access)
  • 9/25/2020 - Leviathan Partners to... (subscriber access)

Company Transactions

Date: 9/3/2021
Type: Acquisition

DETAILS:

COST: 1.025 $B

NOTES:
Delek Drilling has signed a sale and purchase agreement with Abu Dhabi's Mubadala Petroleum to sell a 22% non-operated stake in the Tamar gas field offshore Israel. Mubadala will pay $1.025 billion for the asset, which is operated by Chevron and co-owned by Tamar Petroleum, Isramco, Dor Gas and Everest.
REGIONS:
  • Mediterranean