Delek Archives - Cyprus Gas News

Delek Extension of the Public Tender for the Supply of Natural Gas to Cyprus

on: July 23, 2015In: Cyprus, DEFA, Delek

Delek Group’s gas subsidiaries announced that they have accepted a request by DEFA (a Governmental gas company owned by the Government of Cyprus) to postpone the period of validity of a prop... Read more

Cyprus: Exploration on hold, attention turns to developing Aphrodite

on: July 14, 2015In: Cyprus, Delek, Egypt, Energy, Israel, Lebanon, Turkey

This article was written in May for the June edition of Executive Magazine. The third well drilled in Cyprus’ Exclusive Economic Zone (EEZ) failed to reveal commercially exploitable natural... Read more

Israel: Delek Drilling chairman: Gas has become a political football

on: July 04, 2015In: Delek, Energy, Investment, Israel, Noble Energy

“There is no end to the lies in the media about the return in the Tamar project.” In the gas monopoly’s first response to the plan for the gas industry, which was unveiled... Read more

President Nicos Anastasiades holds official visit to Israel

on: June 15, 2015In: Cyprus, Delek, Economy, Energy, Greece, Investment, Israel, Noble Energy, Politics

The forthcoming Trilateral Meeting of Cyprus, Greece and Israel, international issues, the Cyprus problem, energy issues and the enhancement and upgrading of the bilateral relations of Cypru... Read more

Development of block 12 Aphrodite

on: June 14, 2015In: Cyprus, Delek, Economy, Energy, Noble Energy

By Charles Ellinas Publish by: www.in-cyprus.com It is happening at last. The much-heralded declaration of commerciality of the Aphrodite gas field is out. It was announced in a Cyprus gove... Read more

Israel: Security cabinet to consider gas industry structure

on: June 12, 2015In: Delek, Energy, Israel, Noble Energy

Gas companies: We won’t sign any agreement that isn’t comprehensive and final. A final attempt made to reach agreements between the state and the natural gas companies before the... Read more

Block 12 Aphrodite plan probably a floating unit

on: June 12, 2015In: Cyprus, Delek, Energy, FLNG, Noble Energy, Shipping

By Elias Hazou THE development and production plan for the Aphrodite reservoir submitted by the Block 12 partners makes no mention of potential natural gas sales to or via Turkey, nor does i... Read more

Delek Group Response to Article in Globes

on: June 05, 2015In: Cyprus, Delek, Economy

The Company announces that attached is an Immediate Report issued by Delek Drilling – Limited Partnership and Avner Oil Exploration – Limited Partnership (“the Partnerships... Read more

Delek Group announces that has begun preliminary negotiations with Noble Energy for the acquisition of 19.9% of its share in Block 12 in Cyprus.

on: June 01, 2015In: Cyprus, Delek, Energy, Israel, Noble Energy

Tel Aviv, June 1, 2015. Delek Group (TASE: DLEKG, US ADR: DGRLY) (“the Company”) hereby announces that the Company’s management has begun preliminary negotiations with Nobl... Read more

Ernst & Young Report: Top 10 Risk and Opportunities for Oil and Gas Companies, a useful tool for strategic decisions for oil and gas managers

on: April 27, 2015In: Article, Austria, Azerbaijan, BP, Bulgaria, Canada, China, Cyprus, Delek, Economy, Egypt, Energy, ENI, EU, France, Gazprom, General Electric Oil & Gas, Germany, Greece, Iran, Iraq, Israel, Italy, Japan, Jordan, Kazakhstan, Kuwait, Lebanon, Methane Hydrate, Netherlands, Noble Energy, Norway, Palestinian, Politics, Qatar, Romania, Russia, Saudi Arabia, Scotland, Serbia, Syria, TAP, Technology, Total, Turkey, UAE, UK, Ukraine, UN, USA, Vietnam

By Athanasios Pitatzis The low oil price environment forces a lot of oil and gas companies to make strategic decisions for their future. According to EY Report which refer to the top 10 oil... Read more

Aphrodite development plan

on: April 27, 2015In: Cyprus, Delek, Energy, Noble Energy

By Charles Ellinas Noble and its partners are expected to formally declare commerciality for the Aphrodite gas field this month, followed by submission of a Development Plan soon after. A lo... Read more

Delek Group sets growth, development and trade as primary goals for Aphrodite’s reservoir

on: April 21, 2015In: Cyprus, Delek, Egypt, Greece, Israel, Noble Energy, Politics, Total, Turkey, USA

By Simon Trevezas Based on Delek Group recently published annual report the company clarifies the importance of developing Tamar, Leviathan and Aphrodite reservoirs. The main objectives are... Read more

By Athanasios Pitatzis In today’s article we will cover the possibilities if the resent merger between Shell and BG Group can affect the Cyprus gas export options. First of all to mention th... Read more

Cyprus gas export options

on: April 13, 2015In: Article, Cyprus, Delek, Energy, Noble Energy

By Charles Ellinas Efforts in Cyprus continue with the preferred export option of Aphrodite gas by pipeline to Egypt. This article examines this but also all other possible options and their... Read more

Aphrodite will be ‘commercial’ later this year

on: April 03, 2015In: Cyprus, Delek, Noble Energy

ISRAEL’S Delek, Noble Energy’s partner in the Block 12 concession, estimates that initial production at the Aphrodite gas field will be in the order of 800 million cubic feet per day. Accord... Read more

Minister expects ‘striking developments’ in energy field in the coming weeks

on: March 12, 2015In: Cyprus, Delek, Economy, Energy, EU, Israel

Energy Minister Yiorgos Lakkotrypis has said that he expects striking developments regarding the energy sector in the next few weeks. In statements following a forum at Harvard Club in NYC w... Read more

Hydrocarbons sector to move from ‘exploration to exploitation’

on: March 12, 2015In: Cyprus, Delek, Noble Energy, Total

By Cyprus Mail Several developments in the hydrocarbons sector are expected in the coming weeks, Energy Minister Giorgos Lakkotrypis said on the sidelines of an investment forum in New York... Read more

Russia will be present in Cyprus EEZ

on: March 01, 2015In: Cyprus, Delek, Economy, Egypt, Energy, Israel, Noble Energy, Russia

Moscow will be present to eastern Mediterranean in various scenarios, which are manifestly linked with geo-strategic plans in the region. As is clear from the talks of President Anastasiadis... Read more

The recent agreement among Cyprus and Egypt for the natural gas challenge the “status quo” of the region

on: February 25, 2015In: Article, Cyprus, Delek, Egypt, Energy, EU, Greece, Israel, Noble Energy

By Athanasios Pitatzis and Simos Trevezas On Monday 16/02/2015 a joint statement was released by Cypriot Minister of Energy and Egyptian Minister of Petroleum which confirmed a memorandum of... Read more

Israel: Antitrust proposal calls for gas price ceiling

on: February 19, 2015In: Delek, Israel, Noble Energy

The compromise calls for lower gas prices, Delek to sell Tamar, and Noble Energy to sell part of its Tamar holdings. The price of natural gas in Israel will be limited according to the type... Read more

Noble Energy: No Intention to Depart Cyprus

on: February 03, 2015In: Cyprus, Delek

The process for the commercial exploitation of the Aphrodite gas field located in block 12 of Cyprus’ Exclusive Economic Zone (EEZ) undertaken by energy giant Noble Energy is set to continue... Read more

Delek’s Cyprus gas bid expires

on: February 03, 2015In: Cyprus, Delek

By Elias Hazou The Natural Gas Public Company (DEFA) on Monday declined to comment on whether it has nixed Delek’s proposal to import natural gas from Israel’s Leviathan field. DEFA chairper... Read more

Delek, Noble oppose emerging gas compromise

on: January 30, 2015In: Delek, Israel, Noble Energy

Noble Energy does not accept separate marketing, and Delek is unwilling to sell its rights in Karish and Tanin as well as Tamar. Noble Energy is expected to oppose the separate marketing mod... Read more