(Delek, 30.Jun.2020) — Delek Group published its first quarter 2020 reports. — Start of production at Leviathan field leads to an increase of 88% in revenues from energy business in Israel and an almost 4-times increase in operating income; — Sharp rise in Ithaca’s revenues, which amounted to USD 348 […]
Tag: Delek Group
Delek’s US GOM Caesar Tonga Oil Acquisition Cancelled
(Globes, 12.May.2019) — One of the existing partners has exercised its first right of refusal on the rights in the Caesar Tonga oil field. The share price of Delek Group Ltd. is down about 1% following an announcement by the company this morning that a deal for the purchase of […]
Delek Acquires Shell Deepwater Assets, Expanding E&P Footprint
(Wood Mac, 11.Apr.2019) — Delek Group has stepped out of the Gulf of Mexico shelf and into the deepwater, signing an agreement to acquire Shell’s 22.45% non-operated interest in the Caesar-Tonga field in the Green Canyon protraction area for US$965 million. Commenting on the deal, Michael Murphy, research analyst with […]