Search Results for: Delek

Delek strikes oil deal

Posted on July 16, 2017

I reported previously (Oct 2015) that Israeli oil company Delek had taken a 19.7% stake in Canadian-UK oil exploration company Ithaca which is active in the UK’s North Sea waters.  Delek has now taken-over control of Ithaca for around 470 … Continue reading →

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Helping to implement AI

Posted on October 27, 2024

Israel’s Jeen.ai helps companies to set-up Artificially Intelligent chatbots to handle customer service enquiries and analyse the results of those conversations. It already serves dozens of major Israeli companies, including, Isracard, Cellcom, Amdocs, Perrigo, and Delek, plus Reichman University. https://www.israel21c.org/startup-helps-large-organizations-implement-genai/ … Continue reading →

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Exits, takeovers and mergers – to 26/5/24

Posted on May 26, 2024

Alicorn Galaxy is acquiring Israel’s Glassbox (to de-list from TASE) for $150 million. Israel’s Argmax acquired Israel’s Ginzi to bolster its AI-powered customer support solution. Israel’s TIGI Solar acquired Austria’s SOLID. Israeli-controlled Delek Group (Ithaca) has bought the UK North … Continue reading →

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Developing UK oil & gas field

Posted on October 22, 2023

The UK has given Israel’s Ithaca Energy (part of Delek) and its Norwegian partner Equinor, regulatory approval to develop Rosebank – estimated to be the largest untapped oil and gas field on the British continental shelf. https://www.timesofisrael.com/tshuvas-delek-unit-gets-uk-nod-for-development-of-controversial-north-sea-oilfield/

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Exits, takeovers & mergers to 20/8/23

Posted on August 20, 2023

General Motors has acquired Israel’s ORGOLiON (now renamed AIONZ). Israeli energy conglomerate Delek Group is buying control of Israeli citrus fruit supplier and real estate investor Mehadrin Ltd. in a deal worth NIS 249 million. Israel’s ReWalk bought US-based AlterG … Continue reading →

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Israeli company part-owns US oilfield

Posted on April 28, 2019

Israeli energy company Delek Group has signed an agreement to acquire 22.45% interest in the Caesar Tonga oil field, one of the ten largest deep-water resources in the Gulf of Mexico. It gives Delek exploration, development, and production rights for … Continue reading →

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Jordan buys more Israeli gas

Posted on December 16, 2018

Tamar Petroleum (owned by Israel’s Delek and US’s Nobel Energy) is to supply up to 1 BCM more Israeli gas worth $200 million to the Jordan Bromine Company and Arab Potash Company. Jordan began receiving Israeli gas in 2017 (see … Continue reading →

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Egypt buys $15 billion worth of Israeli gas

Posted on February 27, 2018

I reported previously (several times) on the desire by Egypt to buy natural gas from Israel. Now finally, Egypt’s Dolphinus Holdings has signed agreements to purchase 64 billion cubic meters of gas from Israel’s Tamar and Leviathan fields. The 10-year … Continue reading →

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Hospitals to convert to natural gas

Posted on June 26, 2016

Eleven Israeli general hospitals and two psychiatric hospitals are to convert to natural gas for kitchens, sanitation, and heating.  The hospitals spend NIS 150-200 million a year on energy, and the transition to natural gas is expected to save them … Continue reading →

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Israelis to drill for North Sea oil

Posted on October 25, 2015

Israel’s Delek Group is to become the biggest shareholder in UK North Sea oil and gas firm Ithaca Energy following a £43million investment. Ithaca is currently focused on the construction of a new production hub in the Greater Stella area … Continue reading →

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